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Vitamins Market : Industry Analysis by Application, Competitive Market Share & Forecast, 2020 – 2027

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.

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The key players influencing the market are:

  1. Koninklijke DSM N.V.,
  2. Glanbia plc
  3. The Archer Daniels Midland Company
  4. BASF SE
  5. Lonza Group
  6. Sternvitamin GmbH & Co. Kg
  7. Farbest Brands.
  8. Watson Foods Co., Inc.
  9. Wright Enrichment Inc.
  10. Biotecnologias Aplicadas S.l.

This report contains:

  • Market sizing for the global Vitamins Market.
  • Compare major Vitamins providers strategies and approaches to the challenges they face
  • Analysis of the effects deglobalisation trends may have for Vitamins providers
  • Profiles of major Vitamins providers
  • 5-year CAGR forecasts for Vitamins -intensive vertical sectors

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 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.

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.

Key Benefits

  • This report provides a detailed study of market trends and forecast from 2019 to 2025, which assist to identify the prevailing market opportunities.
  • In-depth coverage of the global market that includes drivers, restraints, and opportunities, helps professionals to understand the market behavior in a better way.
  • This study further includes market share analysis in terms of type and applications.
  • Detailed study of the strategies of key leaders, partnerships, and acquisitions in the market is provided.

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