The global market for vitamin A is anticipated to rise due to rising dietary supplement adoption. The WHO recommends that children between the ages of 12 and 59 months should ingest 60 mg of retinol equivalent once every 4-6 months, while infants between the ages of 6 and 11 months should consume 30 mg. Vitamin A intake is advised for both newborns and the elderly since it protects against illnesses including diarrhoea and night blindness. As a result, a number of regulatory bodies have established guidelines for vitamin A intake. Increasing demand for anti-aging skincare products is also anticipated to fuel the market expansion for vitamin A. Retinoic acid, which is present in vitamin A, activates and transforms immature skin cells and genes into mature epidermal cells, helping the human body maintain the health of the skin. Due to its capacity to lessen sebaceous gland output and size, isotretinoin (13-cis retinoic acid) is, for example, frequently used as a treatment for acne. In addition, vitamin A can lessen wrinkles and fine lines, which can help to slow the ageing process.
According to Coherent Market Insights, the global Vitamin A Market will generate US$ 19560.00 million in revenue in 2021, growing at a CAGR of 5.71% over the projected period (2022 to 2030).
Key Companies in the Vitamin A Industry:
1. DSM
The company was established in 1902 and is headquartered in Heerlen, Netherlands. The business is a materials and life sciences corporation. In order to provide clients better traceability, dependability, and quality, DSM made the decision to invest in a high-tech, fully automated packing plant for vitamin A manufacturing in February 2020. DSM introduced the Digital SalmoFanTM colour assessment equipment in March 2023. DSM received FDA approval in August 2022 for the first mycotoxin-degrading ingredient for poultry in the country.
2. BASF SE
In 1865, BASF was established. The company's main office is located in Ludwigshafen, Germany. The operations of the corporation are divided into the following groups: Agricultural substitutes, chemicals, polymers, speciality goods, and petroleum-related products. BASF facilitates the transition of plastics to a more sustainable future on February 6, 2022. As of December 19, 2022, battery manufacturer PPES has selected BASF as a strategic supplier of high-performance cathode active materials.
3. Bluestar Adisseo Co. Ltd
The business was established in 1939 and has its headquarters in China. The company produces organic silicone monomer, epoxy resin, bisphenol A, PBT resin, phenol, acetone, and other chemicals that are related. Globally, Bluestar Adisseo develops, produces, and sells nutritional solutions for sustainable animal feed. The completion of Adisseo's acquisition of Nor-Feed was announced in February 2023.
4. Prinova Group LLC,
The company was established in 2002 and is based in Illinois, United States. The company sells bakery goods, dairy products, snacks, and beverages. The Prinova Group offers food, beverage, and wellness brands functional ingredients and integrated nutritional solutions. Prinova increased distribution presence in September 2021 by acquiring The Ingredient House.
5. Zhejiang NHU Co. Ltd.
The company was founded in 1999 and is based in China. A feed additive and organic chemical products are produced and sold by Zhejiang NHU Co., Ltd. Vitamin E, Vitamin A, and EMME are among the company's goods. Nutritional products are sold by Zhejiang NHU Co Ltd (NHU), a retailer of consumer goods. The business produces and sells dairy goods, baking supplies, fruit and vegetable juice, functional drinks, milk powder, and flavouring components.
6. Provimi North America, Inc.
The company was established in 1998 and has its main office in Ohio, United States. Animal nutrition products are produced and offered for sale by Provimi North America, Inc. Animal feeds, fertilisers, agricultural chemicals, and other farm products are all distributed and sold in bulk by the business.
7. Xiamen Kingdomway Group Co.
The company was founded in 1997 and has its headquarters in China. China-based Xiamen Kingdomway Group Corporation specialises in the manufacturing and marketing of health care and nutrition supplements. The business makes and distributes enriched food and feed additives. Coenzyme A10, VA, VD3, microalgae DHA, and vegetable ARA are among of the company's top goods.
*Definition: Natural food products including carrots, eggs, milk, cheese, and other dairy products are rich sources of vitamin A, a fat-soluble unsaturated chemical molecule. In addition, it is a precursor to carotenoids produced by bacteria and can be produced from fish oil, plants, and other sources.
