Global Natural Vitamins Market, By Ingredient Type (Vitamin B, Vitamin E, Vitamin D, Vitamin C, Vitamin A and Vitamin K), Form (Powder, Liquid), Application (Food and Beverages, Feed, Personal Care Products and Others), Distribution Channel (Online and Offline), Country (U.S., Canada, Mexico, Germany, France, Italy, Spain, Turkey, Poland, U.K., Netherlands, Russia, Switzerland, Belgium, Denmark, Sweden, Norway, Finland, Rest of Europe, China, India, Japan, Australia, South Korea, Malaysia, Singapore, Thailand, New Zealand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Oman, Qatar, Kuwait, and Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Natural Vitamins Market
The natural vitamins market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing at a CAGR of 5.9% in the forecast period of 2020 to 2027 and is expected to reach USD 8,884.84 million by 2027. Increasing awareness of the natural vitamins and its health benefits are the factors for the natural vitamins market growth.
The increased consumption of fortified food and supplements has become the driving factor for the natural vitamins market. Various governments are arranging some initiatives for the awareness of fortified foods. The changing lifestyles and increasing risks of various diseases are leading the growth of the natural vitamins market. The raw material used for natural vitamins is from different natural sources which lead to the scarcity of raw material. Also, the high cost encored with the natural vitamins is acting as a restraining factor for the natural vitamins market.
Many companies are advertising their products as a non-prescription product which can be taken along with the OTC drugs. This is a big opportunity for the non-prescription supplements business over the world in the natural vitamins market growth. There are certain laws for the dietary supplements. Sometimes this can act as a challenge for companies to get approval from the authorities in the natural vitamins market growth.
This global natural vitamins market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the natural vitamins market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Natural Vitamins Market Scope and Market Size
The natural vitamins market is segmented on the basis of ingredient type, form, application and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of ingredient type, the natural vitamins market is segmented into vitamin B, vitamin E, vitamin D, vitamin C, vitamin A and vitamin K. In 2020, vitamin B segment is dominating the natural vitamins market due to the high demand of vitamin B in various products and vitamin B and C are water soluble vitamins so there intake is necessary for the body.
- On the basis of form, the natural vitamins market is segmented into liquid and powder. In 2020, powder segment is dominating the natural vitamins market owing to factor that it is easy for the storage and transportation.
- On the basis of application, the natural vitamins market is segmented into food and beverages, feed, personal care products and others. In 2020, food & beverages segment is dominating the natural vitamins market due to the factor that most of the companies are involved in manufacturing of vitamins for food & beverages industries.
- On the basis of distribution channel, the natural vitamins market is segmented online and offline. In 2020, offline segment dominates the natural vitamins market due to the availability of the product and cost variation.
Global Natural Vitamins Market Country Level Analysis
Global natural vitamins market is analysed and market size information is provided by country, ingredient type, form, application, and distribution channel as referenced above.
The countries covered in the global natural vitamins market report are the U.S., Canada, Mexico, Germany, France, Italy, Spain, Turkey, U.K., Netherlands, Poland, Denmark, Sweden, Norway, Finland, Russia, Switzerland, Belgium, rest of Europe, China, India, Japan, Australia, South Korea, Malaysia, Singapore, Thailand, New Zealand, Indonesia, Philippines, Vietnam, rest of Asia-Pacific, Brazil, Argentina, rest of South America, South Africa, Saudi Arabia, UAE, Oman, Qatar, Kuwait, and rest of Middle East and Africa.
North America is dominating as well as growing in the natural vitamins market because of the large share of the U.S. market due to more consumption of natural vitamins in the powder form since the shelf life of powder form is more as compared to the liquid form. Germany is dominating in the Europe natural vitamins market due to the high consumption of natural vitamins in the daily routine in the powder form because the transportation of powdered natural vitamins is easy as compared to the liquid. China is dominating in the Asia-Pacific natural vitamins market due to the large population of China since they are more involved in consuming the high amount of natural vitamin supplements.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Growth in the Global Natural Vitamins Market
Global natural vitamins market also provides you with detailed market analysis for every country growth in installed base of different kind of products for natural vitamins market, impact of technology using life line curves and changes in infant formula regulatory scenarios and their impact on the natural vitamins market. The data is available for historic period 2018 to 2027.
Competitive Landscape and Global Natural Vitamins Market Share Analysis
Global natural vitamins market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to natural vitamins market.
The major players covered in the natural vitamins market report are BASF SE, DSM, Orgenetics, Inc., ADM, Watson Inc. (A Subsidiary of Glanbia Nutritionals Inc.), Lonza, Jubilant Life Sciences Limited, CSPC Pharmaceutical Group Limited, Adisseo, Farbest Brands, Vertellus Holdings LLC, Glanbia Plc, BI Nutraceuticals, Avestia pharma, SternVitamin GmbH & Co. KG, TAMA BIOCHEMICAL CO.,LTD., BTSA, Handong luwei pharmaceutical co.,ltd, Zhejiang Garden Biochemical High-Tech Co.,Ltd, and Hallstar among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately..
Many product launches and developments are also initiated by the companies across natural vitamins market which is also accelerating the growth in the natural vitamins market.
- In June 2020, DSM has acquired the Erber group which is a leader in animal nutrition and health businesses, specializing primarily in mycotoxin risk management, Biomin and Romer Labs, gut health performance management, and food and feed safety diagnostic solutions. This acquisition will help DMS to add a range of value added specialty solutions.
Collaboration, product launch, business expansion, award and recognition, joint ventures and other strategies by the market player is enhancing the company market in the natural vitamins market which also provides the benefit for organization to improve their offering for natural vitamins.
Customization Available : Global Natural Vitamins Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.