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2022
Vitamin D Ingredients Market

Vitamin D Ingredients Market by Source (Milk, Eggs, Fish, Animals, Plants, Fruits & Vegetables, and Others), Form (Powder, Resin, and Liquid), Application (Pharmaceuticals, Food, Beverages, Cosmetics, Animal Feed, and Pet Food): Global Opportunity Analysis and Industry Forecast, 2021–2030

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Jul 2022 | 176 Views
   
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Vitamin D deficiency has become more common, which is driving up demand for vitamin D ingredients, which is driving up the market for vitamin D compounds. The rise in demand for products containing vitamin D compounds is a major driver that might propel the worldwide vitamin D ingredient market to new heights in the future years. Vitamin D compounds are widely employed in the pharmaceutical and food and beverage industries. It aids in the body's calcium metabolism as well as bone mineralization. Furthermore, the benefits of regular vitamin D ingredient use are moving the worldwide vitamin D ingredient market forward.

COVID-19 Impact Analysis

  • During the coronavirus pandemic, demand for Vitamin-Dingredients soared, owing to customers' tendency to buy in quantity. Bulk purchases, it has been suggested, are not just a lockdown-induced trend; they are predicted to continue into 2021, as consumers try to decrease the amount of store trips as a form of social isolation. Even when shopping for supplement goods online, buyers prefer to buy in bulk to get more bangs for their buck on shipping fees.
  • Another reason is the health awareness among the people as after COVID-19, it has become very important to boost immunity.
  • Other factors that drive the growth of Vitamin-D market is increase in disposable income of the people and enhancement in their lifestyle.  

Top Impacting Factors

  • The worldwide vitamin D ingredients market is benefiting from favorable rules by regulatory authorities for the trade of vitamin D ingredients. This permits vitamin D producers to sell their product with fewer restrictions. These features are extremely beneficial to pharmaceutical corporations, as they can easily sell vitamin D component goods. 
  • Furthermore, the worldwide vitamin D ingredient market is being fueled by regulatory authorities' increased investments in advertising benefits connected with the use of vitamin D products. As a result, the demand for Vitamin D Ingredients in a variety of food applications is increasing.
  • Vitamin D beverages are also simple to take and digest. As a result, vitamin D beverages are becoming increasingly popular among consumers. Furthermore, increasing efforts by pharmaceutical companies to promote the usage of vitamin D products may enhance the worldwide vitamin D components market in the near future.

Market Trends

Dietary Supplements have Become More Accepted in Healthy Diets

  • Vitamins, minerals, botanicals, enzymes, fatty acids, and proteins, among other dietary supplements, serve to maintain overall health and well-being by preventing nutritional deficiency disorders. Dietary supplement preferences are expanding dramatically as a result of the global demographic trend of an ageing population, rising lifestyle-related disorders, and rising healthcare costs. Increased sales of sports nutrition due to rising fitness trends and sports activity, as well as new product introductions, are expected to have a substantial impact on the market. Dietary supplement health claims are receiving increased attention from regulatory agencies, and the business is becoming more regulated as a result.

Asia-Pacific has the most Potential for various Vitamin Supplement Products

  • With the growing urban population in Asia Pacific, the market for vitamin supplements is growing at the fastest rate. The growing economies of Asia-Pacific, particularly China and India, are more than willing to embrace a healthy diet, including the usage of vitamin supplements, with the purpose of meeting their nutritional requirements.
  • Due to the growing urban population and increasing disposable income, Asia-Pacific is regarded one of the fastest growing markets for vitamin supplements.

Key Benefits of the Report

  • This study presents the analytical depiction of the vitamin d ingredients industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the vitamin d ingredients market share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the vitamin d ingredients market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed vitamin d ingredients market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions Answered in the Report

  • Which are the leading players active in the ‘vitamin d ingredients market’?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What future projections would help in taking further strategic steps?
  • What is “vitamin d ingredients market “prediction in the future?
  • Which will be the niches at which players profiling with recent advancements should set a presence?
  • What are the driving factors and opportunities in the market?
  • What are the current trends and predicted trends?
  • What are the challenges faced in the “vitamin d ingredients market”?

Key Market Segments

Segments Sub-segments
By Source
  • Milk
  • Eggs
  • Fish
  • Animals
  • Plants
  • Fruits and Vegetables
  • Others
By form
  • Powder
  • Resin
  • Liquid
By Application
  • Pharmaceuticals
  • Food
  • Beverages
  • Cosmetics
  • Animal Feed
  • Pet Food
By Region
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa


Key Market Players

  • BASF SE
  • Dishman Netherland B.V.
  • Barr Pharmaceuticals
  • LycoRed Limited
  • Zhejiang Garden Bio-Chemical High-tech Company Limited
  • Fermenta Biotech Ltd.
  • Schiff Nutrition International, Inc. (Reckitt Benckiser)
  • Glaxo Smith Kline
  • J.R. Carlson Laboratories.
 
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