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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