North America Vitamin A Market, By Type (Pre-Formed Vitamin A, Provitamin A, Combine Vitamin A), Product Category (Clean Labeled Ingredient and Conventional), Form (Powder and Liquid), Application (Pharmaceuticals, Food Products, Animal Feed, Personal Care & Cosmetics, Dietary Supplements, Beverages and Others), Country (U.S., Canada, Mexico) Industry Trends and Forecast to 2027
The vitamin A 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 with a CAGR of 3.9% in the forecast period of 2020 to 2027 and is expected to reach USD 239.55 million by 2027. Increasing usage of vitamin A supplements, growing concern for health care and wellness are the major drivers which has propelled the demand of the vitamin A market in the forecast period.
Vitamin A is a group of fat dispersible product consisting retinol, retinal and retinyl esters. Vitamin A is stored in the liver of human body. Vitamin A has very essential role in the functioning of body such as in cellular communication, reproduction, good vision, immune function and the growth and development of body. Vitamin A is available in abundant number of foods such as COD liver oil, egg, carrot, butter, sweet potato, fish, dairy foods, poultry, tomato and green vegetables among others.
The major factors driving the growth of the vitamin A market are increase in government initiation to control the expansion of vitamin A deficiency disease, growing concern for healthier life among others and the factor which hampers the growth of the vitamin A market are side effects related to interaction of vitamin supplements with drugs and vitamin A toxicity among others. The partnerships and acquisitions by major market players act as opportunity for the growth of vitamin A market. The poor accessibility as well as affordability of vitamin A products acts as the major key challenge for the future growth of vitamin A market.
The vitamin A 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 vitamin A 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.
The vitamin A market is segmented on the basis of type, product category, form and application. 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 type, the vitamin A market is segmented into pre-formed vitamin A, provitamin A and combine vitamin A. In 2020, pre-formed vitamin A segment is dominating the vitamin A market as the majority of healthcare staffs as well as physicians are recommending pre-formed vitamin A during the treatment.
- On the basis of product category, the vitamin A market is segmented into clean labeled ingredient and conventional. In 2020, clean labeled ingredient segment is dominating the vitamin A market since it is cost effective, easily accessible and primarily recommended by doctors for vitamin A deficiency disease.
- On the basis of form, the vitamin A market is segmented into powder and liquid. In 2020, the powder segment is dominating the vitamin A market because powdered vitamin A product is highly stable as comparable to liquid vitamin A.
- On the basis of application, the vitamin A market is segmented into pharmaceuticals, food products, animal feed, personal care & cosmetics, dietary supplements, beverages and others. In 2020, pharmaceuticals segment is dominating the vitamin A market because of growing prevalence of rhodopsin, photoreceptor pigment, growing government activities and initiative programs acting as another driving factor for the vitamin A market growth.
North America Vitamin A Market Country Level Analysis
North America vitamin A market is analysed and market size information is provided by country, type, product category, form and application as referenced above.
The countries covered in the North America vitamin A market report are the U.S., Canada and Mexico.
North America is expected to dominate the vitamin A market due to the high adoption of vitamin A by the patients in the region. The U.S. is dominating in the North America vitamin A market and leading the growth in the North America region due to increased presence of key market players in the region.
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 North America 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.
Increasing Acquisition and Merger is creating new opportunities for Players in the Vitamin A Market
The vitamin A market also provides you with detailed market analysis for every country growth. Additionally, it provides data regarding acquisition and agreement among the major vitamin A market players and start-up companies. Moreover, growing impact of research and development activities on vitamin A market increases the growth pace in the region. The data is available for historic period 2010 to 2018.
Competitive Landscape and Vitamin A Market Share Analysis
The vitamin A 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, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance and technology lifeline curve. The above data points provided are only related to the company’s focus related to vitamin A market.
The major players covered in the North America vitamin A market report are BioThrive Sciences, Divi's Nutraceuticals (a subsidiary of Divi’s Laboratories Limited), DSM, BASF SE, Prinova Group LLC, Farbest Brands, Bactolac Pharmaceutical, Inc., Bluestar Adisseo Co., Ltd., Provitas, LLC, CELLMARK AB, CAPTEK Softgel International Inc., Kirkman, Bluebonnet Nutrition Corporation, Atlantic Essential Products, INC, Lonza, Watson Inc. among other players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Growing product launches, partnerships and acquisitions by key players is accelerating the vitamin A market growth.
- In July 2018, a force majeure is lifted by BASF SE for key vitamin A and E products for its animal nutrition business. This has helped in increasing the sales of the vitamin A products which has helped in growth of the market in future.
Collaboration, joint ventures and other strategies by the market playerd is enhancing the vitamin A market growth which also provides the benefit for organisation to improve their offerings for better consumer experience.
Customization Available: North America Vitamin A Market
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