0 likes | 8 Views
According to this latest publication from Meticulous Researchu00ae, in terms of value, the vitamin D market is projected to reach $2.43 billion by 2030, at a CAGR of 7.1% from 2024 to 2030. Growing demand for vitamins for enrichment or fortification of food & beverages, feed & pet food, pharmaceuticals, and personal care products; rising prevalence of vitamin D deficiency; growing health & wellness trend; and growing demand for dietary supplements are the factors expected to drive this market. However, stringent regulations related to the fortification of food and feed products is expected to impe
E N D
“Meticulous Research® Projects Hearing Vitamin D Market to Reach $2.43 Billion by 2030” pen_spark” J
Vitamin D Market 2024-2030 Vitamin D Market Overview and Forecast Market Value and Growth Projection The global vitamin D market is anticipated to reach $2.43 billion by 2030, expanding at a compound annual growth rate (CAGR) of 7.1% from 2024 to 2030, according to the latest report by Meticulous Research®. The growth is driven by increasing demand for vitamin- enriched or fortified products across various sectors, including food & beverages, pharmaceuticals, feed & pet food, and personal care. Factors contributing to this growth include rising vitamin D deficiency, a heightened focus on health and wellness, and the growing popularity of dietary supplements. However, stringent regulations on food and feed product fortification may slightly hinder market expansion. Download Free Sample Report Here : https://www.meticulousresearch.com/download- sample- report/cp_id=5441?utm_source=article&utm_medium=social&utm_campaign=product&u tm_content=18-09-2024 Market Segmentation •Analog: The vitamin D3 segment is projected to dominate the market in 2024, driven by its broad applications and increasing cases of rheumatoid arthritis and bone- related disorders. •Source: The plant-sourced segment is expected to exhibit the fastest growth from 2024 to 2030. This growth is fueled by rising consumer preference for plant-based products, a growing vegan population, intolerance to animal-derived ingredients, and lower production costs. •Form: In 2024, the dry form of vitamin D is anticipated to hold the largest market share due to its stability, extended shelf life, and ease of handling, storage, and transportation. The rising demand for powder and capsule forms, due to their high solubility, further supports this trend. •Application: The food & beverages segment is projected to achieve the highest CAGR during the forecast period. This growth is attributed to increasing consumer demand for fortified foods, greater awareness of vitamin D's health benefits, and a growing trend towards health and wellness. Geographic Insights The report provides a detailed analysis of the vitamin D market across key regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to lead the market, supported by the presence of major manufacturers, abundant raw materials, rising demand for functional food ingredients, and high vitamin D deficiency rates. For instance, Malaysia faces significant vitamin D deficiency, exacerbated by a high prevalence of non-communicable diseases. The National Health survey of Malaysia highlighted that diabetes mellitus prevalence exceeds 18%, with blood glucose levels reaching 43.3% among those aged 65–69 years in 2019. Key Players Page 1 of 2 © Meticulous Research| sales@meticulousresearch.com
Vitamin D Market 2024-2030 Prominent players in the vitamin D market include: •BASF SE (Germany) •Dishman Carbogen Amcis Ltd (India) •Divi’s Laboratories Ltd. (India) •Fermenta Biotech Limited (India) •Koninklijke DSM N.V. (Netherlands) •Lycored Corp. (Israel) •NewGen Pharma Inc. (U.S.) •Synthesia a.s. (Czech Republic) •Taizhou Hisound Pharmaceutical Co., Ltd. (China) •Zhejiang Garden Biochemical High-tech Co., Ltd. (China) •Zhejiang Medicine Co., Ltd. (China) Read Full Report :- https://www.meticulousresearch.com/product/vitamin-d-market- 5441?utm_source=article&utm_medium=social&utm_campaign=product&utm_content =18-09-2024 About Meticulous Research® Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 2 of 2 © Meticulous Research| sales@meticulousresearch.com