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2022
Vitamin D Market

Vitamin D Market by Analog Type (Vitamin D2 and Vitamin D3), Application (Functional Food & Beverages, Pharmaceuticals, Animal Food & Pet food, and Personal Care), and End User (Children, Adult, Pregnant Women): Global Opportunity Analysis and Industry Forecast, 2021–2030

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Jul 2022 | 190 Views
   
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Vitamin D is a steroid vitamin that aids calcium and phosphorus absorption and metabolism in the intestine. As sunshine encourages enough vitamin D synthesis in the skin, no food supplementation is required under regular sun exposure conditions. In youngsters, vitamin D deficiency can cause rickets, and in adults, it can cause bone weakening. It is necessary for regular bone and tooth growth and development, as well as protecting against muscle weakness and regulating cardiac functions. Vitamin D is a fat-soluble vitamin found in eggs, fish, and dairy products, as well as in human skin.The active form of vitamin D is produced by the skin in response to sunlight exposure, and the skin is more capable of making it early in the day. Active persons in sunny areas produce the majority of the vitamin D their skin requires.

COVID-19 Impact Analysis

  • During the coronavirus pandemic, demand for Vitamin-D soared, owing to customers' tendency to buy in quantity. Bulk purchases, it has been suggested, are not just a lockdown-induced trend; they're 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 driving the growth of Vitamin-D market is increase in disposable income of the people and enhancement in their lifestyle.  

Top Impacting Factors

  • In several developing and underdeveloped countries around the world, disorders caused by vitamin D deficiency, such as rickets, are on the rise. Lack of vitamin D, calcium, or phosphate causes rickets, a bone condition. An increase in the number of occurrences of child malnutrition, which is a condition caused by eating meals that are deficient in nutrients and causes health problems. A major element driving demand for vitamin D and associated products is the rising incidence of osteoporosis and osteomalacia in diverse nations throughout the world.
  • Regulatory regulations in some countries to prevent vitamin D toxicity, on the other hand, are factor limiting market expansion.

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.

The 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 market 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 market share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the vitamin d market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed vitamin d 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 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 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 market “?

Key Market Segments

Segments Sub-segments
By Analog Type
  • Vitamin D2
  • Vitamin D3
By Application
  • Functional Food & Beverages
  • Pharmaceuticals
  • Animal Food & Pet food
  • Personal Care
By End User
  • Children
  • Adult
  • Pregnant Women
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

  • Company one
  • Zhejiang Garden Biochemical High-Tech
  • Taizhou Hisound Chemical
  • Kingdomway
  • Zhejiang NHU Company
  • Royal DSM
  • BASF
  • Zhejiang Medicine
  • Fermenta
 
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