The increased prevalence of vitamin D deficiency illnesses such as rickets, which are caused by a lack of sun exposure and poor dietary habits, is expected to be a major growth driver for the vitamin D ingredient market. Because they spend nearly all of their daylight hours at work, a growing percentage of urban working-class people are more susceptible to vitamin D insufficiency than persons in rural settings.
Vitamin D levels are lowered as a result, leading to a number of disorders associated with vitamin D insufficiency. As a result of this problem, the market for vitamin D components is expected to grow. Increasing government actions in the form of advertisements to encourage Vitamin D intake are predicted to drive the market expansion of Vitamin D constituents throughout the forecast period.
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Key Takeaways:
- The global vitamin D ingredients market is currently estimated at USD 1500 million and is predicted to grow at a CAGR of 6%, resulting in a market value of USD 2686.3 million by 2025.
- The increased usage of vitamin D in prenatal care is expected to boost the vitamin D ingredient market. Vitamin D supplementation has been shown to lower the risk of Autism in newborns.
- The United States is the most powerful region in North America, with a market share of almost 65 percent and a valuation of USD 370.5 million.
- China’s vitamin D components market is booming, with a market share of 32 percent in the APAC region and a total market value of USD 96 million.
“The Vitamin D ingredients market is estimated to have a robust growth owing to the rise in health awareness, rising cases of health issues due to vitamin D deficiency, and the increase in consumption and demand of fortified food products and beverages. Due to its wide array of applications from supplements to fortified food and beverage and skincare products, the vitamin D ingredient market is going to have a lot of assistance towards market growth,” says a lead analyst at Future Market Insights.
Competitive Landscape:
Vitamin D ingredients market is expected to have a promising growth due to a drastic change in lifestyle. With the growing working population, people have started getting less sun exposure and don’t follow a balanced diet which has resulted in vitamin D deficiency. Companies have been using new techniques and investing in research and development to incorporate vitamin D ingredients into their product to increase the nutritional value and act as a supplement.
Companies have used the high demand for fortified food and beverages as an opportunity to grow in the market. Companies like Top D have used vitamin D ingredients in Skincare products that can be absorbed by its application over the skin and there is no more requirement of oral consumption. It also is the best way to avoid side effects of oral vitamin D supplements side effects like Nausea, headache, and diarrhea.
Key Companies Profiled:
Koninkljike DSM N.V, Zhejiang Xinhecheng Co Ltd, BASF Se, Fermenta Biotech Ltd, PHW Group, Synthesia, Bio-Tech Pharmacal, McKinley Resources Inc, Taizhou Hisound Pharmaceutical Co Ltd, Stabicoat Vitamins, and others
Explore More Valuable Insights
Future Market Insights, in its new report, offers an unbiased analysis of the global Vitamin D ingredients market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
Market segmentation doe Vitamin D Ingredients
By Product Type:
- Vitamin D2
- Vitamin D3
By Source:
- Eggs
- Milk
- Fish
- Fruits, Plant, and Vegetables
- Animals
- Others (Fungi, Microalgae, Yeast, Plants, etc.)
By Application:
- Beverages
- Food
- Cosmetics
- Pharmaceuticals
- Pet Food & Animal Feed
- Others
By Form:
- Resin
- Powder
- Liquid
Region:
- Oceania
- Latin America
- North America
- Europe
- South Asia
- East Asia
- MEA
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Frequently Asked Questions
- How much is the Vitamin D Ingredients market currently worth?
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- How was the performance in the last five years?
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- How many shares do the top 5 companies hold?
- Which are the major countries driving demand for Vitamin D Ingredients?
- Who are the major players in the Vitamin D Ingredients Consumer Market?
- At what rate will the U.S. Vitamin D Ingredients consumer market grow?
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