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VITAMIN D INGREDIENTS MARKET ANALYSIS

Vitamin D ingredient Market, By Product Type (Vitamin D3, Vitamin D2), By Source (Milk, Eggs, Fish, Animals, Plants, Fruits, and Vegetables, Others (Microalgae, fungi, yeast, plants, etc.)), By Application (Pharmaceutical, Food, Beverage, Cosmetics, Animal Feed and Pet Food, Others), By Form (Powder, Resin, Liquid), By Region (North America, Europe, Latin America, Asia Pacific, Middle East & Africa)

  • Published In : Apr 2023
  • Code : CMI3418
  • Pages :120
  • Formats :
      Excel and PDF
  • Industry : Food and Beverages

Vitamin D Ingredients MarketSize and Trends

The rising cases of vitamin D deficiency and health issues related to it and increasing health awareness among consumers have helped the global vitamin D ingredients market to have a strong and steady growth. Currently, the global vitamin D ingredients market is valued at US$ 2.90 Billion and is expected to register a CAGR of 11.24% allowing it to reach a great market value of US$ 6.8 Billion Up to 2030.

The rising number of occurrences of deficiency of vitamin D diseases such as rickets, which are caused due to lack of exposure to sun and improper eating habits, is likely to be an important growth driver for the vitamin D ingredient market.

Global Vitamin D Ingredients Market: Market Segmentation

Regionally, North America dominated the global vitamin D ingredient market in 2022, accounting for around 70% share in terms of volume, followed by Europe and Asia Pacific, respectively.

Global Vitamin D Ingredients Market: By Form 2022

On the basis of form, in 2022, powder vitamin product accounted the largest market share of 60% in terms of value, followed by liquid and resin respectively.

Figure 2. Global Vitamin D ingredient Market, Revenue Share (%), By Form, in 2022

Global Vitamin D Ingredients Market: Market Segmentation

Regionally, North America dominated the global vitamin D ingredient market in 2022, accounting for around 70% share in terms of volume, followed by Europe and Asia Pacific, respectively.

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