The global demand for Vitamin K2 Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Vitamin K is a group of structurally similar, fat-soluble vitamins found in foods and in dietary supplements. Vitamin K2 is also known as menaquinone, is one of the type of vitamin k. Vitamin 2 is found mainly in dairy products. The key function of Vitamin K is to activate the calcium-binding properties of proteins. Vitamin K1 is mostly involved in blood clotting, while Vitamin K2 helps regulate where calcium ends up in the body. Vitamin K2 is important for the body to utilize calcium to build healthy, strong bones and to inhibit calcium deposits in the arteries.
Market Dynamics
The market is anticipated to be driven mainly because of vitamin deficiency disorders occurring in humans. The other factors propelling the market growth over the forecast period include rising cases of osteoporosis, rise in esthetic standards, surge in consumer demand for nutritional supplements, and overall rising health consciousness among humans. Unfavorable and strict government regulations on supplement endorsement and testing, however, are likely to pose a challenge for manufacturers.
Growing health consciousness among people has in turn increased the demand for functional foods and diet supplements. According to some studies, the intake of Vitamin K2 MK-4 is deemed safe if consumed in appropriate limits, and does not lead to hyper-coagulation. Also, in cases of rheumatoid arthritis, Vitamin K2 intake lowers CRP levels. Vitamin K2 MK-7 is commonly used as a supplement additive.
The 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 inclusive assessment of each application/product segment in the global market of vitamin K2.
Market Segmentation
The entire vitamin K2 market has been sub-categorized into source, product and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Source
By Product
By Application
- Pharmaceuticals
- Nutraceuticals & Food
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for vitamin K2 market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Vitamin K2 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 K2 market include Kappa Bioscience, Danisco A/S (DuPont Nutrition and Health), BASF, DSM, NattoPharma, Pfizer, DSM, and Kikkoman Corporation. This section includes 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.
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