Global Vitamin Ingredients Market Is Expected To Reach USD 8.50 Billion in 2024

Global Vitamin ingredients market size is expected to gain USD 8.50 billion by 2024, growing at a CAGR of approximately 5.0% over the forecast period 2016-2024.

New York, New York, September 6, 2017 /India PRwire/ -- Vitamin is a nutritional compound that removes some sort of deficiency from body. Since vitamins can't adjust with the body so they are consumed in small quantity. Huge demand of dietary supplements is fuelling the growth of vitamin ingredient market. On the basis of application, animal feeds are accounted for having the largest market share of around 45% globally. Global Vitamin ingredients market size is expected to gain USD 8.50 billion by 2024, growing at a CAGR of approximately 5.0% over the forecast period 2016-2024. Government of various countries are taking initiatives to make people aware of dietary supplements such as the Office of Dietary Supplements (ODS) at the National Institutes of Health (NIH) have made several efforts to make people aware of the importance of vitamin D in terms of health similarly government of other countries are also trying to make people aware of vitamin deficiency and also providing a solution to them.

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Market Segmentation

  • On the basis of products
    • Vitamin A
    • Vitamin B
    • Vitamin C
    • Vitamin D
    • Vitamin E
    • Vitamin K
  • On the basis of mode of consumption
    • Pills
    • Powders
    • Creams
    • Liquids
  • On the basis of application
    • Pharmaceuticals
    • Food and beverage
    • Cosmetics
    • Animal feeds
    • Others.
  • On the basis of Region
    • North America (US, Canada)
    • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe)
    • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa)
    • Latin America (Brazil, Mexico and Rest of Latin America)
    • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific)
    • Rest of the World{Market Share (%), Market Size (USD Billion)}

"Global Vitamin Ingredients Market Outlook 2024" contains detailed overview of the global vitamin ingredients market in terms of market segmentation by sources type, by livestock application type, by industrial application type.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter's five force model and SWOT analysis.

This market report also includes provides competitive outlook of some of the major players of the global vitamin ingredients market which includes profiling of companies of The BASF, Bayer, Amway, DSM, Dupont, Lonza, AIE Pharmaceutical, Aland (Jiangsu) Nutraceuticals, Atlantic Essential Products, Bactolac Pharmaceutical etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents comprehensive synopsis on the global vitamin ingredients market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Notes to Editor

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