VITAMIN A MARKET ANALYSIS

Vitamin A Market, By Product Type (Retinol (Retinol Acetate, Retinol Palmitate) and Beta-Carotene), By Application (Food and Beverages (Dairy Products, Bakery and Confectionery, Beverages, Breakfast Cereals, Others), Dietary Supplements, Pharmaceuticals, and Animal Feed), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

In 2023, Tri Tito Karnavian, the Chair of the Family Welfare Empowerment Mobilization Team (TP-PKK), initiated a vital program aimed at providing vitamin A supplements to children aged 6 to 59 months in Southwest Papua Province. The launch took place on a Wednesday and underscores the commitment to improving child health and nutrition in the region.
In June 2022, the world's first bio-based vitamin A entered the application testing phase with cosmetics customers, following a significant scientific breakthrough by DSM. This innovative development marks a pivotal moment in the cosmetics industry, as it offers a sustainable alternative to traditional vitamin A sources.
In 2022, BASF announced the expansion of its world-scale vitamin A formulation plant located in Ludwigshafen, Germany. This strategic move is aimed at enhancing the company’s production capabilities and meeting the growing global demand for vitamin A.