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VITAMINS MARKET ANALYSIS

Vitamins Market, By Source (Plant, Animal and Others), By Product Type (Vitamins A, Vitamins B, Vitamins C, Vitamins D, Vitamins E and Vitamins K), By End Use Industry (Food & Beverages, Personal Care, Animal Feed, Pharmaceuticals and Others), By Distribution Channel (Hypermarket, Supermarket, Mass Merchandisers, Specialty Stores and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : Feb 2024
  • Code : CMI399
  • Pages :184
  • Formats :
      Excel and PDF
  • Industry : Food Ingredients

Regional Analysis

Market Regional Insights:

  • Asia Pacific held the largest share of over 48% in 2024. The competitive business is bringing more opportunities owing to vitamin vast application, which helps propel the product demand.
  • North America is estimated to register a CAGR of 5.56%, in terms of revenue, from 2024 to 2031. The plant as well as animal-based vitamin sector in the region is anticipated to be the key factor for market growth owing to the presence of some of the largest packaging manufacturers, including BASF SE.
  • Europe is predicted to witness steady growth across the forecast period. Increasing geriatric populations, growing demand for plant-based vitamins, and increased online product delivery services across developed countries in Western Europe, including Italy, the U.K., Germany, France, and Spain, will positively influence market growth in the region.
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East:  GCC Countries, Israel,  and Rest of Middle East
  • Africa:  South Africa, North Africa, and Central Africa 

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