31 October 2019
Visiongain has launched a new Consumer goods report Vitamin Ingredients Market Report 2019-2029 Forecasts by Type (Vitamin A, Vitamin B, Vitamin C, Vitamin D, Vitamin E, Vitamin K), by Form (Solid, Liquid, Powder), by Application (Packaged and processed food and beverages, Cosmetics, Pharmaceuticals, Animal feed, Others) PLUS Profiles of Leading Companies and Regional and Leading National Market Analysis.
The global vitamin ingredients is expected to grow at a lucrative rate during the forecast period. Some of the key factors propelling the market include the increasing vitamin deficiencies, growing awareness regarding the health benefits of vitamin supplements, and rise in disposable income in developing countries of the region. The vitamin ingredients can be segmented based on type, form, application, and region.
Vitamins are essential nutrients which help in growth and are necessary for the proper functioning of the body. Consumers are now concerned regarding their vitamin uptake, which is directly propelling the demand for vitamin based supplements. In addition, increasing awareness regarding the health benefits of these vitamins are thrusting the market growth. By type, vitamins can be segmented into vitamin A, B, C, D, E, and K. These vitamins are used across industries including pharmaceuticals, food and beverages, cosmetics & beauty, animal feed, and other industries. Vitamin D segment is a highly lucrative market driven by its benefit to aid calcium absorption for bone health and preventive effect of onset of diabetes, migraine, PCOS, cholesterol, and cancer. By application, the segment of food and beverages is expected to capture leading share of the revenue driven by high usage of these products in the industry and availability of wide variety. Vitamin based products are also been widely used in beauty and cosmetics industry.
Asia Pacific is expected to dominate the global vitamin ingredients market and the region is anticipated to witness the fastest growth during the forecast period owing to a high population base, growing awareness, and availability of multiple local players. North America is expected to capture the second position in the global Vitamin ingredients market. Factors such as well-established healthcare industry and high demand for vitamin based drugs and food products are responsible for the share of the market.
The market is highly competitive due to presence of several players. Major vitamin ingredient manufacturers and suppliers are based in North America (U.S.), APAC (China, India), and LATAM (Brazil). Key players such as Atlantic Essential products, Inc., Archer Daniels Midland Corporation, Amway, BASF SE, AIE Pharmaceuticals, Koninklijke DSM N.V. are currently dominating the market. These major companies are increasingly focusing on research and development activities so as to gain competitive advantage. Few of other companies operating in the market include GNC Holdings, Bactolac Pharmaceutical Inc., Lonza Group, DuPont, Wright Enrichments Inc., Farbest Brands, Nutrilo, Pfizer, BI Nutraceuticals.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to firstname.lastname@example.org or call her on +44 (0) 207 336 6100
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
The increasing consumer appetite for perishable items and processed (frozen) food across the globe is expected to boost the refrigerated warehousing market’s growth in the coming years.
23 August 2021
Discover the most lucrative areas in the industry and the future market prospects. Our new study lets you assess forecasted sales at overall world market and regional level.
18 June 2021
Growing demand for feed additives for the livestock is a major factor driving the market growth of threonine acids. Rise in the application of threonine acids in major industries such as dietary supplements, pharmaceuticals among others is also a major factor driving the market growth.
05 March 2021
Growth in health and wellness among the consumers is a major factor resulting in the rise in the demand for synbiotics. Further rising demand for functional foods is also a major factor triggering the overall market growth.