The global demand for Vitamin Ingredients Market is presumed to reach the market size of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period 2021 - 2027.
Vitamin ingredients are artificially made vitamins that function similarly to natural vitamins obtained from plant and animal foods. These vitamins are identical to the ones found in foods and are derived synthetically. Vitamin ingredients are chemically produced in a laboratory setting. It mainly constitutes all eight B vitamins, and vitamin A, C, D, E and K. Vitamins are essential in human diet, though in very small amounts, to maintain good health and prevent certain diseases. Vitamin ingredients are used in dietary supplements that supplement one's diet and help if the body lacks specific nutrients. It is added to multivitamin pills and tablets, and fortified foods. Vitamin ingredients find extensive usage in the food & beverage, cosmetics and pharmaceutical industry.
The global vitamin ingredients market is projected to witness substantial growth during the forecast timeline. The essential factors driving its market are the increasing incidence of chronic medical conditions associated with vitamin deficiency, the rise in the number of older people worldwide, and growing awareness among consumers about the health benefits of vitamins. Its market growth is also attributed to the increasing use of vitamin ingredients in pharmaceuticals, nutritional supplements, food & beverage and personal care products and accelerated demand for fortified foods. Furthermore, increasing junk food consumption leading to vitamin deficiency and the prevalence of chronic malnutrition in underdeveloped regions will augment market growth. However, the growing inclination to consume natural sources of vitamins directly and lack of knowledge about correct vitamin dosage may harm vitamin ingredients market growth in the coming years.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of vitamin ingredients. The growth and trends of vitamin ingredients industry provide a holistic approach to this study.
This section of the vitamin ingredients market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
- Vitamin A
- Vitamin B
- Vitamin C
- Vitamin D
- Vitamin E
- Vitamin K
- Food& Beverages
- Animal Feed
This section covers the regional outlook, which accentuates current and future demand for the Vitamin Ingredients market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Vitamin Ingredients Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the vitamin ingredients market include Amway, Atlantic Essential Products, BASF, Lonza Group, DuPont Danisco, AIE Pharmaceuticals, Bluebonnet Nutrition, Royal DSM, Aland (Jiangsu) Nutraceutical, Archer Daniels Midland, and Bactolac Pharmaceutical. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
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