Global Vitamin D Market 2023

Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Description
The global vitamin D market is expected to rise by USD 76.3 million with a CAGR of 5.3% by the end of 2029. Key drivers of this growth include its application in nutricosmetics, premixes, functional beverages, and the vegan sector. The market is highly competitive, with clinically proven formulas and scientific research being crucial for product differentiation. Vitamin D deficiency affects over 1 billion people worldwide due to inadequate diet and sunlight exposure, with factors like geography and demographics playing a role. The demand for supplements and functional foods has increased during the COVID-19 pandemic, driven by nutrition requirements, government initiatives, and industry investments. Vitamin D has been extensively studied for its impact on biological processes and its associations with illnesses such as cancer and autoimmune diseases. Topical skincare products containing vitamin D, especially those with 5,000 IU, have gained recognition for their therapeutic effects on conditions like psoriasis. Vitamin D insufficiency is a widespread condition globally, leading to poor bone health and increased risks of various diseases. Increased awareness of the importance of vitamin D contributes to the market's growth.

The report covers market size and growth, segmentation, competitive landscape, trends and strategies for global vitamin d market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors' approaches.

Market Segmentation
The market is segmented based on various factors, including analog, form, application, end user, and geography.

Segmentation by Application
Pharmaceuticals
Animal Health
Functional Food and Beverages
Personal Care

Segmentation by Form
Dry
Liquid

Segmentation by Analog
Vitamin D2
Vitamin D3

Segmentation by End User
Humans
Animals

Segmentation by Geography
North America - US, Canada
Europe - Germany, France, UK, Italy, Spain, Russia, Poland
APAC - China, Japan, India, South Korea, Australia, Indonesia, Vietnam, Thailand, Malaysia
Latin America - Brazil, Mexico, Argentina, Columbia
Middle East & Africa - South Africa, Saudi Arabia, Turkey

In 2022, the pharmaceuticals segment held a 48.4% share in the global vitamin D market, driven by its application in vitamin therapy and beauty supplements. Vitamin D plays a crucial role in calcium absorption and bone growth, making it essential for pharmaceutical companies. Deficiencies and medical complications related to vitamin D contribute to its importance. Dry vitamin D holds a dominant share of 71.7% due to its stability and extended shelf life. The vitamin D3 segment holds a significant share of 69.8% as it is the biologically active form found in humans and animals. The human segment is the largest end-user category at 67.1% due to the need for supplementation. Europe holds a significant share of 28.2% due to nutricosmetics, changing lifestyles, and the presence of pharmaceutical companies. Vitamin D deficiency is prevalent in Europe, making it a strong market. The growing vegan population poses challenges but also drives demand for vegan-enriched products. The COVID-19 pandemic has increased vitamin D supplement sales in Spain.

Competitive Landscape
The vitamin D market includes BASF SE, Bluestar Adisseo Co., Dishman Carbogen Amcis Ltd., Divi's Laboratories Ltd., Fermenta Biotech Limited, Jiangxi Tianxin Pharmaceutical Co., Ltd., Koninklijke DSM N.V., LycoRed Ltd., Sichuan Neijiang Huixin Pharmacy Co., Ltd., Xiamen Kingdomway Group Company, Zhejiang Garden Bio-chemical High-tech Co., Ltd., Zhejiang Medicine Co., Ltd., Zhejiang NHU Co. Ltd., among others. These companies prioritize vitamin D3 as a premium ingredient due to its stability, longer shelf life, and versatility in various product forms. New vendors may offer opportunities for partnerships or collaborations. Online engagement and e-commerce channels are essential for lead generation and improving the end-user experience.

Scope of the Report
To analyze and forecast the market size of the global vitamin d market.
To classify and forecast the global vitamin d market based on analog, form, application, end user, geography.
To identify drivers and challenges for the global vitamin d market.
To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global vitamin d market.
To identify and analyze the profile of leading players operating in the global vitamin d market.

Why Choose This Report
Gain a reliable outlook of the global vitamin d market forecasts from 2023 to 2029 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
Strategy consulting and research support for three months.
Print authentication provided for the single-user license.

TABLE OF CONTENTS
FIGURES AND TABLES
PART 1. INTRODUCTION
1.1 Description
1.2 Objectives of The Study
1.3 Market Segment
1.4 Years Considered for The Report
1.5 Currency
1.6 Key Target Audience
PART 2. RESEARCH METHODOLOGY
2.1 Primary Research
2.2 Secondary Research
PART 3. EXECUTIVE SUMMARY
PART 4. MARKET OVERVIEW
4.1 Introduction
4.2 Drivers
4.3 Restraints
PART 5. GLOBAL VITAMIN D MARKET BY ANALOG
5.1 Vitamin D2
5.2 Vitamin D3
PART 6. GLOBAL VITAMIN D MARKET BY FORM
6.1 Dry
6.2 Liquid
PART 7. GLOBAL VITAMIN D MARKET BY APPLICATION
7.1 Animal health
7.2 Functional food and beverages
7.3 Personal care
7.4 Pharmaceuticals
PART 8. GLOBAL VITAMIN D MARKET BY END USER
8.1 Humans
8.2 Animals
PART 9. GLOBAL VITAMIN D MARKET BY GEOGRAPHY
9.1 North America
9.2 Europe
9.3 APAC
9.4 Latin America
9.5 Middle East & Africa
PART 10. COMPANY PROFILES
10.1 BASF SE
10.2 Bluestar Adisseo Co.
10.3 Dishman Carbogen Amcis Ltd.
10.4 Divi's Laboratories Ltd.
10.5 Fermenta Biotech Limited
10.6 Jiangxi Tianxin Pharmaceutical Co., Ltd.
10.7 Koninklijke DSM N.V.
10.8 LycoRed Ltd.
10.9 Sichuan Neijiang Huixin Pharmacy Co., Ltd.
10.10 Xiamen Kingdomway Group Company
10.11 Zhejiang Garden Bio-chemical High-tech Co., Ltd.
10.12 Zhejiang Medicine Co., Ltd.
10.13 Zhejiang NHU Co. Ltd.
DISCLAIMER

Choose License Type

Happy To Assist You

Contact Images

We will be happy to help you find what you need. Please call us or write to us:

Frequently Asked Questions

This report incorporates the analysis of factors that augments the market growth. Report presents competitive landscape of the global market. This also provides the scope of different segments and applications that can potentially influence the market in the future. The analysis is based on current market trends and historic growth data. It includes detailed market segmentation, regional analysis, and competitive landscape of the industry.
The report efficiently evaluates the current market size and provides industry forecast. The market was valued at xxx Million US$ in 2019, and is expected to grow at a CAGR of xx% during the period 2020-2027.
The report efficiently evaluates the current market size and provides forecast for the industry in terms of Value (US$ Mn) and Volume (Thousands Units).
Market is segmented by:
  • Product Types
  • Drug Class
  • Indication
  • Applications
  • Services Types
  • End-users
  • Distribution channel
  • Regions
The report share key insights on the following:
  • Current market size
  • Market forecast
  • Market opportunities
  • Key drivers
  • Restraints
  • Pipeline Analysis
  • Incidence Rate
  • Epidemiology Analysis
  • Prevalence rate
  • Regulatory scenario
  • Industry trend
  • Pestle Analysis
  • Porter’s Analysis
  • New product approvals/launch
  • Promotion and marketing initiatives
  • Pricing analysis
  • Export-import analysis
  • Trade analysis
  • Competitive landscape
It helps the businesses in making investments decisions.
Customization helps the organization to gain insight on specific segments and regions of interest. Thus, WMR offers tailored report information based on business requirement in order to take strategic calls.
Contact us

mapicon
Sales Office (U.S.):
Worldwide Market Reports, 533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States

mapicon+1-415-871-0703

mapicon
Asia Pacific Intelligence Center (India):
Worldwide Market Reports, 403, 4th Floor, Bremen Business Center, Aundh, Pune, Maharashtra 411007, India.

Newsletter

Want us to send you latest updates of the current trends, insights, and more, signup to our newsletter (for alerts, special offers, and discounts).


Secure Payment By:
paymenticon

This website is secured Origin CA certificate on the server, Comodo, Firewall and Verified Sitelock Malware Protection

secureimg

© 2024 Worldwide Market Reports. All Rights Reserved