The Vitamin D Ingredients Market Comprehensive Shares, Historical Trends And Forecast 2022-2032

The Vitamin D Ingredients Market is valued at US$ 1.46 Billion in 2022. The market is likely to grow at a CAGR of 6% through 2026, reaching US$ 2.37 Bn by 2032.

The Vitamin D3 sector is predicted to have a greater weighted average volume than the Vitamin D2 components section and, the segment is likely to grow at a CAGR of 12.01% through 2026.

In terms of value, the Western Europe vitamin D ingredients market is predicted to grow at a 13.6% CAGR, followed by the Eastern Europe vitamin D ingredients market.

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Consumption of vitamin D beverages containing vitamin D ingredients such as fortified drinks, juices and water is on the rise, owing to this preference factor. Beverages are easy to consume as compared to food products and customers perceive beverages as easy to drink and digest. They can also be transported easily in bottles and consumed at any place.

As per the report, globally, the value and volume share contribution of the fish source segment to the overall market revenue is expected to witness significant growth as compared to other source segments. This growth can be attributed to the ease in the production of vitamin D ingredients from fish. Fish contain quite a large amount of vitamin D as compared to other natural sources, which makes them a competent raw material for the production of vitamin D ingredients. The growth of the fish source segment can also be attributed to the strong demand for vitamin D from North America and Europe and growing demand in APEJ countries.

Globally, the value and volume share contribution of the powder form segment to the overall market revenue is expected to witness significant growth as compared to other form segments. This growth can be attributed to the strong demand for vitamin D powder in North America, Europe and Japan and the growing demand in APEJ and MEA countries. In terms of market value, revenue from the powder segment is expected to expand at a CAGR of 12.42% between 2016 and 2026, whereas that from the liquid segment is expected to expand at a CAGR of 8.88% in terms of value over the forecast period.

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Key Segments Covered

By Product Type

  • Vitamin D3
  • Vitamin D2

By Source

  • Milk
  • Eggs
  • Fish
  • Animals
  • Plant, Fruits and Vegetables
  • Others (Microalgae, Fungi, Yeast, Plants etc.)

By Application

  • Pharmaceuticals
  • Food
  • Beverages
  • Cosmetics
  • Animal Feed and Pet Food
  • Others

By Form

  • Powder
  • Resin
  • Liquid

Key Regions/Countries Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan (APEJ)
  • Middle East & Africa (MEA)
  • Japan

Key Questions Answered in the Report

  • What is the size of Vitamin D Ingredients Market?

The Vitamin D Ingredients Market is valued at US$ 1.47 Billion in 2021 with an expected CAGR of 10.02% through 2026, reaching US$ 2.37 Bn.

  • Which are the leading companies in Vitamin D Ingredients Market?

Key players in the Vitamin D Ingredients Market include BASF SE, Dishman Netherland B.V., Barr Pharmaceuticals, LycoRed Limited, Zhejiang Garden Bio-Chemical High-tech Company Limited.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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