A vitamin is one of a group of organic substances that is present in minute amounts in natural foodstuff. Vitamins are derived from food and essential for normal metabolism in order to sustain healthy life. Vitamins are either water-soluble or fat-soluble. Vitamin deficiency can cause various health problems such as night blindness, risk of maternal mortality, rickets, osteomalacia etc. Prevalence of vitamin deficiency across the globe is expected to drive the vitamin market.
The growth in the demand for functional and nutritional enriched processed food products is expected to remain the principle force driving the demand for vitamin market. Furthermore, food fortification due to rise in global meat and dairy product consumption is also projected to greatly influence the market. Moreover, increasing health awareness among individual is expected to fuel the vitamin market. Emerging usage of vitamins as supplements and ingredients in various industries, is expected to generate untapped opportunity for the vitamin market.
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Market Key Players:
1. Koninklijke DSM N. V.,
2. Glanbia plc
3. The Archer Daniels Midland Company
4. BASF SE
5. Lonza Group
6. Sternvitamin GmbH and Co. Kg
The reports cover key developments in the vitamin market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from vitamin market are anticipated to lucrative growth opportunities in the future with the rising demand for vitamin in the global market. Below mentioned is the list of few companies engaged in the vitamin market.
The “Global Vitamin Market Analysis to 2027″ is a specialized and in-depth study of the vitamin industry with a special focus on the global market trend analysis. The report aims to provide an overview of vitamin market with detailed market segmentation by type, application, source and geography. The global vitamin market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading vitamin market players and offers key trends and opportunities in the market.
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The global vitamin market is segmented on the basis of type, application and source. Based on type, the market is segmented into vitamin B, vitamin E, vitamin D, vitamin C, vitamin A and vitamin K. on the basis of the application the market is segmented into healthcare products, food and beverages, feed and personal care products. On the basis of the source the market is segmented into synthetic and natural.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global vitamin market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The vitamin market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting vitamin market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the vitamin market in these regions.
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