Global Vitamin D Market Size By Analog Type (Vitamin D2, Vitamin D3), By Application (Animal feed & pet food, Functional food & beverages, Personal care), By End-User (Children, Adults, Pregnant Women), By Geographic Scope And Forecast
Report ID: 32382|No. of Pages: 202
Global Vitamin D Market Size By Analog Type (Vitamin D2, Vitamin D3), By Application (Animal feed & pet food, Functional food & beverages, Personal care), By End-User (Children, Adults, Pregnant Women), By Geographic Scope And Forecast
Vitamin D Market Size And Forecast
Vitamin D Market size was valued at USD 1.17 Billion in 2021 and is projected to reach USD 2.07 Billion by 2030, growing at a CAGR of 6.45% from 2023 to 2030.
Increasing incidences of diseases caused by vitamin D deficiency, a growing concern among the population about maintaining a balanced diet, growing demand for vitamin D from the food & beverage industry, and increasing healthcare spending are the factors responsible for the growth of the Vitamin D Market. The Global Vitamin D Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
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Global Vitamin D Market Definition
Vitamin D is a steroid vitamin necessary for the human body to maintain normal metabolic functions. Vitamin D promotes intestinal absorption and metabolism of calcium and phosphorus. The deficiency of Vitamin D can lead to bone deformity (rickets) in children and bone weakness in adults. Hence it is required for normal growth and development of bones and teeth, protects against muscle weakness, and regulates heart functions. Vitamin D is present in eggs, fish, and dairy products and is also produced in human skin. Vitamin D also enhances the brain and nervous systems. The major function of Vitamin D is food ingredients and sun exposure. There are mainly two types of vitamin D Ergocalciferol (vitamin D2) and Cholecalciferol (vitamin D3).
Global Vitamin D Market Overview
Opportunities and challenges are external market aspects, whereas drivers and restraints are inner market forces. The Global Vitamin D Market analysis gives a forecast for the market’s growth in terms of revenue during the forecast period. The market outlook section of the research primarily covers the market’s fundamental dynamics, including its drivers, constraints, opportunities, and challenges. In comparison to opportunities and challenges, drivers and restraints are extrinsic market factors.
Increasing incidences of diseases caused by vitamin D deficiency, a growing concern among the population about maintaining a balanced diet, growing demand for vitamin D from the food & beverage industry, and increasing healthcare spending are the factors responsible for the growth of the Vitamin D Market. Moreover, the rising incidence of osteoporosis and osteomalacia in various countries across the globe and increasing awareness regarding bone and joint health among individuals are some major factors expected to spur market growth. However, regulatory standards in some countries to prevent vitamin D toxicity and the availability of fake products in the market might restrict market growth.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report includes a quantitative and qualitative assessment of market factors the client is interested in. The “Global Vitamin D Market” is primarily segmented into sub-segments that may offer detailed information on the most recent market trends.
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Global Vitamin D Market Segmentation Analysis
The Global Vitamin D Market is Segmented on the basis of Analog Type, Application, End-User, And Geography.
Vitamin D Market, By Analog Type
- Vitamin D2
- Vitamin D3
Based on Analog Type, the market is bifurcated into Vitamin D2 and Vitamin D3.
Vitamin D Market, By Application
- Animal feed & pet food
- Functional food & beverages
- Personal care
- Pharmaceuticals
Based on Application, the market is bifurcated into Animal feed & pet food, Functional food & beverages, Personal care, and Pharmaceuticals.
Vitamin D Market, By End-User
- Children
- Adults
- Pregnant Women
Based on End-User, the market is bifurcated into Children, Adults, and Pregnant Women.
Vitamin D Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world.
Based on Geography, the Global Vitamin D Market is classified into North America, Europe, Asia Pacific, and Rest of the world.
Key Players
The “Global Vitamin D Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as BASF, DSM, Fermenta Biotech Ltd., Xiamen Jindawei Vitamin Co., Ltd., Zhejiang Medicine Co., Ltd., Zhejiang Garden Biochemical High-Tech Co., Ltd, Glanbia, Nestle SA, Pfizer, Inc., and Zhejiang Xinhecheng Co., Ltd.
Our market analysis includes a section specifically devoted to such large firms, where our analysts give an overview of each player’s financial statements, along with product benchmarking and SWOT analysis. The competitive landscape section also includes information on the key development strategies, market share analysis, and market positioning analysis of the aforementioned competitors on a global scale.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2018-2030 |
| Base Year | 2021 |
| Forecast Period | 2023-2030 |
| Historical Period | 2018-2020 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | BASF, DSM, Fermenta Biotech Ltd., Xiamen Jindawei Vitamin Co., Ltd., Zhejiang Medicine Co., Ltd., Zhejiang Garden Biochemical High-Tech Co. |
| Segments Covered | By Analog Type, By Application, By End-User, And By Geography. |
| Customization scope | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
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• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
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• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
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Data Collection Matrix
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Industry Analysis Matrix
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