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Vitamin D Market worth $2.5 Billion by 2020
The report “Vitamin D Market by Analog (Vitamin D2 & Vitamin D3), Application (Functional Food & Beverage, Pharmaceuticals, Feed & Pet Food, and Personal Care), End–User (Children, Adult, and Pregnant Women) & by Region - Global Trends & Forecast to 2020”, defines and segments the vitamin D market on the basis of various analogs, applications, end-users, and regions, with analyses and projections of the market size of each of these segments in terms of value and volume. It also identifies the driving and restraining factors for the vitamin D market with analyses of the trends, opportunities, burning issues, and winning imperatives.
Browse 109 market data tables and 54 figures spread through 179 pages and in-depth TOC on “Vitamin D Market by Analog (Vitamin D2 & Vitamin D3), Application (Functional Food & Beverage, Pharmaceuticals, Feed & Pet Food, and Personal Care), End–User (Children, Adult, and Pregnant Women) & by Region - Global Trends & Forecast to 2020”
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Vitamin D (a fat-soluble vitamin) is required for proper absorption of calcium and phosphorus from the intestinal tract. It is required for normal growth and development of bones and teeth, protects against muscle weakness, and regulates the heart. Vitamin D helps prevent hypocalcemia, osteomalacia, rickets, and osteoporosis, enhances immunity, and is required for proper thyroid function and blood clotting.
Key market players adopted new product & technology launches and expansions as their preferred strategies to sustain in the market. Vitamin D3 is the most preferred analog of vitamin D, used in different application.
Vitamin D Market Size, by Region, 2015–2020 ($Million)
E – Estimated, P - Projected
Source: MarketsandMarkets Analysis
The market for vitamin D is projected to reach about $2.5 Billion by 2020 at a CAGR of 11%. In 2014, North America was the largest market for vitamin D. Asia-Pacific is projected to be the fastest-growing market for vitamin D during the review period. This is driven by the increasing consumer awareness regarding vitamin D deficiency and growing incidences of diseases such as osteoporosis, osteomalacia, and rickets in countries such as India and China.
The report includes marketing and development strategies, along with the product portfolio of leading companies. It includes the profiles of the leading companies such as Nestlé S.A. (Switzerland), ADM Alliance Nutrition, Inc. (U.S.), Koninklijke DSM N.V. (The Netherlands), Groupe Danone S.A. (France), Abbott Laboratories (U.S.), and Kraft Foods Group, Inc. (U.S.). The key players in the market are focusing on the expansion of their facilities to enter markets and are actively investing in R&D activities to gain a competitive edge through new product developments.
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