Global Vitamin A Market Value to cross USD 66.5 BN By 2026
Posted On November 09, 2020
A market research report anticipates the Global Vitamin A Market to reach USD 47.9 BN in 2019. It is estimated to grow and reach USD 66.5 BN mark by 2026. The report publisher, Value Market Research expects a CAGR of 4.8% during 2020 to 2026. Vitamin A is a vital nutrient needed for normal vision and healthy cell formation in humans. The key trending force stimulating this market’s growth is the growing incidence of vitamin deficiencies and the rise in demand for functional and nutritionally enriched processed food products or dietary supplements. The rising cases of ophthalmic disorders like myopia, hypermetropia among people of all age groups will benefit market growth. The various therapeutic characteristics of vitamin A like anti-oxidation, strengthening the immune system will further propel market growth. Various government initiatives in eliminating the nutritional deficiencies worldwide by promoting fortified food and beverages across different market segments will be a market booster. Lack of awareness and side effects due to this vitamin’s excessive intake can be the significant barriers affecting this market’s growth.
Vitamin A, an essential vitamin for good vision, a healthy immune system, and cell growth, is a dietary supplement. It is taken as an oral supplement by people who have a low or limited diet or suffering from a condition that increases the need for vitamin A, like pancreatic disease, eye disease, or measles. The percentage of vitamin A in stand-alone supplements range widely. A portion of the vitamin A in supplements is either in the form of beta-carotene or preformed vitamin A or both. The amount of vitamin A needed largely depends on the age and sex of a person. Because of its antioxidant properties, vitamin A is used in topical creams to reduce fine wrinkles, splotches, and roughness and treat acne.
The first chapter of the report "Global Vitamin A Market Report By Type (Natural, Synthetic), By Application (Food & Beverages, Pharmaceutical, Cosmetics, Animal Feed) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026" gives the market introduction with a crisp summary of the report and goes in detailed revenue analysis bifurcated as per segments and regions in the subsequent chapters.
The study digs deep to identify the market drivers, restraints, opportunities and threats in the near future. By type the market is divided into Natural, Synthetic. By application the market is segregated as Food & Beverages, Pharmaceutical, Cosmetics, Animal Feed. The report identifies region which is expected to dominate the market over the next six years among all the regions studied in the report. North America, Europe, Latin America and Middle East & Africa are deeply researched in the report.
The Report Segments Global Vitamin A Market -
- Food & Beverages
- Baby Food
- Bakery & Confectionery
- Animal Feed
- North America
- Latin America
- Middle East & Africa
Players Profiled In the Report:
Koninklijke DSM NV, BASF SE, ADAMA Agricultural Solutions Limited, Foodchem International Corporation, Honson Pharmatech Group, Xiamen Kingdomway Group Company, Zhejiang Medicine.
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