Global Vitamin D Market, By Analog (Vitamin D2, Vitamin D3), IU Strength (500,000 IU, 100,000 IU, 40 MIU, Others), Form (Dry, Liquid), Application (Feed and Pet Food, Pharmaceutical, Functional Food and Beverage, Personal Care), End- Users (Adult, Pregnant Women, Children), Source (Milk, Egg, Fish, Animal, Fruit and Vegetable, Seaweeds, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights of Vitamin D Market
The vitamin D market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the vitamin D market will project a CAGR of 7.00% for the forecast period of 2022-2029.
Vitamin D is an important nutrient that helps to maintain the health of the bones and teeth. They can also protect a person from a variety of diseases. Vitamin D is also beneficial to the nervous and cognitive systems. The different types of vitamin D are vitamin D2 and vitamin D3 which can be gained from into milk, egg, fish, animal, fruit and vegetable, seaweeds, and others.
The factors such as increasing prevalence of diseases due to vitamin deficiency along with growing demand for vitamin D from food and beverage industry are the major factors fostering the growth of the vitamin D market in the forecast period of 2022 to 2029. Additionally, the growing concern among population about maintaining the balanced diet along with rise in incidences of osteoporosis in women, and increase in cases of malnutrition in children are other important factors acting as vitamin D market growth determinants. Moreover, the increasing healthcare spending, and increasing disposable income are estimated to accelerate the overall growth of the market in the forecast period of 2022 to 2029. However, the availability of fake products in the market is supposed to hamper the market’s growth.
Furthermore, the growth in awareness of vitamin D deficiency and rising number of government initiatives and awareness campaigns will further generate various profitable opportunities for the vitamin D market. On the flip side, the strict regulations and norms associated with the vitamin D might also pose as a major challenge for the market growth rate.
This vitamin D market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on vitamin D market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Vitamin D Market Scope and Market Size
The vitamin D market is segmented on the basis of analog, IU strength, form, application, end- users and source. The growth among segments helps you analyze 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 analog, the vitamin D market is segmented into vitamin D2 and vitamin D3.
- The IU strength segment of the vitamin D market is divided into 500,000 IU, 100,000 IU, 40 MIU and others.
- On the basis of form, the vitamin D market is segmented into dry and liquid.
- Based on application, the vitamin D market is segmented into feed and pet food, pharmaceutical, functional food and beverage and personal care.
- The vitamin D market is also segmented on the basis of end- users. The end- users is segmented into adult, pregnant women and children.
- The source segment of the vitamin D market is divided into milk, egg, fish, animal, fruit and vegetable, seaweeds, and others.
Vitamin D Market Country Level Analysis
The vitamin D market is analyses and market size, volume information is provided by analog, IU strength, form, application, end- users and source as referenced above.
The countries covered in the vitamin D market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Asia-Pacific region dominates the vitamin D market and will continue to flourish its trend of dominance during the forecast period owing to the growing demand for nutritional and healthy products and increasing popularity of vitamin infused products within the region in the forecast period of 2022 to 2029. North America, on the other hand is expected to show lucrative growth due to the increasing awareness about the health advantages of vitamins among population in the region.
The country section of the vitamin D market 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 consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis 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 domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Vitamin D Market Share Analysis
The vitamin D 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, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to vitamin D market.
Some of the major players operating in the vitamin D market report are DSM, Zhejiang Garden Biochemical High-Tech Co.,Ltd, Fermenta Biotech Limited, BASF SE, Dishman Carbogen Amcis Ltd , Taizhou Hisound Pharmaceutical Co., Ltd., ZMC., Glanbia plc, Bio-Tech Pharmacal, GlaxoSmithKline plc., Nestlé, Pfizer Inc., The Kraft Heinz Compan, Abbott. , Lycored, Divi's Nutraceuticals, Source Naturals, Inc., and BIOGENIX INC. PVT. LTD., among others.
- In 2021, Amplyx Pharmaceuticals and its antifungal compound Fosmanogepix are being acquired by Pfizer. This agreement broadens the company's anti-infective product line.