Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by
Infinium Global Research on vitamin d market provides in-depth analysis of
segments and sub-segments in the global as well as regional vitamin d market.
The study also highlights the impact of drivers, restraints, and macro indicators
on the global and regional vitamin d market over the short term as well as long
term. The report is a comprehensive presentation of trends, forecasts, and dollar
values of the global vitamin d market. According to the report, the global vitamin
d market is projected to grow at a CAGR of 6.8% over the forecast period of
2020-2026.
Vitamin D supplements are gaining
popularity due to immune function benefits. It is studied to modulate the innate and adaptive immune
responses. Most recently, Vitamin D has gained an upsurge in demand during the
outbreak of COVID-19. A study published
by the Irish Medical Journal also suggests that vitamin D can support
the immune system through a number of immune pathways involved in fighting
SARS2COV and many recent studies confirm the pivotal role of vitamin D in viral
infections. A notable trend observed in the market is that the consumers are
becoming health conscious and are buying supplements that helped improve immune
health during the pandemic. Additionally, Japan brand FANCL also revealed that
Vitamin D was a best-selling supplement in April 2020, with sales growing 218%
compared to 2019.
The increasing inclination towards
dietary supplements across the globe is on the rise tremendously owing to the
increasing lifestyle-related diseases that are likely to have a positive impact
on the growth of the global vitamin D market over the forecast period. Further,
increasing application in protective clothing, limited exposure to sunlight,
dark skin propels the use of vitamin D.
Moreover, the growth in incidences of osteoporosis and osteomalacia and
increasing cases and malnourishment in children is also contributing to the
market growth. In addition to that, increasing awareness of several diseases
caused by vitamin D deficiency are some factors anticipated to boost the global
market. Going further, the rising fitness trends and sports activities
eventually expand the sales of sports nutrition is also propelling the global
vitamin D market growth. However, few
regulatory standards on the use of vitamin D are expected to hamper the growth
of the global Vitamin D market over the forecast period. The key players
operating in this market focusing on new product launches create growth
opportunities for the global vitamin D market in the coming years.
Among the region, the global
Vitamin D market is segmented into North America, Europe, Asia Pacific, and
RoW. North America dominated the global vitamin D market over the forecast
period. This growth is mainly due to the U.S. flourishing in the vitamin D
market. The factors such as increasing bone and skin-related incidence, a high
incidence of vitamin D insufficiency, and the rising trend of veganism drive
the growth of the North America Vitamin D market. On the other hand, Asia
Pacific region is accepted to grow at the highest CAGR in the forecast
period. The high cases of rickets in
China and is a result of poor vitamin D consumption. That, in turn, drives the
growth of Vitamin D in the Asia Pacific region. Furthermore, increasing demand
for nutritional & healthy products driving the market growth. The growing demand from end-use industries
such as pharmaceutical, functional food, and feed industries in developing
countries such as China and India witnessing a huge demand for vitamin D.
The report on the global vitamin d
market covers segments such as analog, form, and application. On the basis of
analog, the sub-markets include vitamin d2 and vitamin d3. On the basis of
form, the sub-markets include dry, and liquid. On the basis of application, the
sub-markets include functional food & beverage, personal care, pharma, and
other applications.
The report provides profiles of
the companies in the market such as Mckinley Resources Inc, New Gen Pharma Inc,
Kingdom Nutrition Inc., Sichuan Neijiang Huixin Pharmaceutical Co Ltd, Hangzhou
Think Chemical Co Ltd, Taizhou Haisheng Chemical Industry Limited Company,
Dishman Group, Fermenta Biotech Limited, Zhejiang Xinhecheng Company Limited,
and Zhejiang Garden Bio.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of the vitamin d market. Moreover, the study highlights current market
trends and provides forecasts from 2020-2026. We also have highlighted future
trends in the market that will affect the demand during the forecast period.
Moreover, the competitive analysis given in each regional market brings an
insight into the market share of the leading players.
Please Choose One of them.