Vitamin K2 Market to Showcase High Growth; to cross USD 266.2 MN Mark by 2026
Posted On September 29, 2020
During the period of 2020-2026 it is expected that the Global Vitamin K2 Market will showcase a CAGR of 26%. The market is foreseen to reach USD 266.2 MN by 2026 while it was valued at USD 52.8 MN in 2019 as stated in a the published market study by Value Market Research. The rising global vitamin deficiency disorders and inclination towards nutritional supplements among health-conscious consumers will be the critical drivers for this growth. The growing trends of sedentary lifestyles and increased cardiovascular /osteoporosis diseases will boost the market growth. The benefits of vitamin k2 among consumers of all ages, gender, and lifestyles will be a market booster. The increase in the number of road accidents will play an instrumental role in the rise in demand for this blood-clotting vitamin. The main challenges hindering this market's growth are the side effects of medications and strict unfavorable government regulations.
Vitamin K2, also referred to as Menaquinone, is one of the three types of vitamin K. This vitamin plays a central role in the calcium metabolism in humans, thus protects arteries, blood vessels, and bone density. It is beneficial to humans as it aids in lowering the risk of cardiovascular disease, coronary heart disease, vascular disease, strokes, osteoporosis, post-menopausal issues, hip, vertebral and non-vertebral fractures. This vitamin is naturally found in meat, eggs, dairy products, and fermented foods. Vitamin K2 acts as a coagulant, and its deficiency can have fatal consequences, especially during accidents. Hence it is essential to take enough K2 through diet or as supplements.
The initial sections of the report "Global Vitamin K2 Market Report By Source (Natural And Synthetic), By Product (MK-4, MK-7 And Others), By Application (Pharmaceuticals, Nutraceuticals & Food And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026" starts with the introduction, a crisp market summary followed by detailed revenue analysis as per segments and regions. The market drivers responsible for pushing the market growth are discussed in length in the report. The vitamin k2 market opportunities are useful to identify the profit canters and take the strategic decision accordingly.
On the basis of Source the market is segmented into Natural, Synthetic. By Product the vitamin k2 market is categorised as MK-4, MK-7, Others. By Application the vitamin k2 market is categorised as Pharmaceuticals, Nutraceuticals & Food, Others. The other regions studied in the report are North America, Europe, Latin America and Middle East & Africa. The regional spread of all the segments and sub segments are detailed in the report.
The Report Segments Global Vitamin K2 Market -
- Nutraceuticals & Food
- North America
- Latin America
- Middle East & Africa
Players Profiled In the Report:
Kappa Bioscience, Danisco A/S (DuPont Nutrition and Health), BASF, DSM, NattoPharma, Pfizer, DSM, and Kikkoman Corporation.
Download the FREE SAMPLE of Global Vitamin K2 Market Research Report
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