Report ID: 10086086 |
Published Date: 21 Oct 2022 |
Report Format: |
Delivery Timeline: 48-72 Business Hours
"The global vitamin ingredients market is likely to touch a revenue of USD 7 billion by the end of 2021, registering a CAGR of ~5% over the period 2022-2030. The global vitamin ingredient market is experiencing significant growth and is expected to grow substantially in the next few years. Vitamins are natural compounds found in foods such as fruits, vegetables and eggs.
Vitamins contribute to the basic development of essential nutrients and increase the bodys metabolism. In addition, they contribute to the production of skin, muscles and bones, repair cells and tissues and strengthen the immune system. There are two types of vitamins. One is water-soluble, which is not stored by the human body and is needed every day; the other is fat-soluble, which can be absorbed by the body and stored for future use. Vitamins are used in various industries such as food, pharmaceuticals and cosmetics, which drives their global demand. The innovation in this industry is related to the use of vitamin processed foods and dietary supplements, which can be used to obtain energy components during exercise.
MAIN INFLUENCING FACTORS :
market scenario analysis, trends, driving factors and impact analysis The increase in the use of vitamins in the food and beverage, beauty and personal care, dietary supplements and pharmaceutical industries has driven the growth of the global vitamin ingredient market. In addition, due to increased consumption of junk food, changes in eating habits, chronic malnutrition in underdeveloped countries, and consumer awareness of the health benefits of vitamin consumption, vitamin deficiency is the market driving force for vitamin ingredients.
However, the lack of knowledge about the dosage of vitamins is the biggest challenge faced by consumers. If taken incorrectly, it will affect their health. On the contrary, considering the condition of consumers, market leaders are investing in digital platforms and working with nutritionists to provide consumers with the ideal dose.
INCREASE IN THE USE OF VITAMIN A AND VITAMIN B IN FEED:
Due to the increase in children's eye diseases, the aging of the population, and the increase in people's awareness of vitamin A, the demand for vitamin A in the health industry has increased. Eye care. And increase the expenditure of the health sector. Vitamin A helps promote the normal growth and development of eye tissue; reduces the risk of cataracts, night blindness and myopia; and helps reduce the risk of cancer. Vitamin B is used in animal feed to maintain normal animal health and help maintain nutritional deficiencies in the body. In addition, livestock such as sheep, dairy cows and goats need vitamin B12, which can increase energy and help speed up the metabolic process. The lack of cobalt due to the lack of vitamin B12 reduces the appetite of the animal and causes scales on the ears.
REGIONAL INFORMATION:
The Asia-Pacific market leads the vitamin ingredient market. This is due to the increasing populations of India, China and Indonesia, as well as the high risk of diseases and health problems among the aging population of Japan due to the lack of vitamin supply in the diet. The number of patients with vitamin deficiencies in Asia-Pacific countries has increased, leading to an increase in the demand for vitamin capsules, syrups and other powder forms. In addition, the increase in consumer disposable income and a wide range of distribution channels have promoted market growth in the Asia-Pacific region. North America is the next closest competitive region, and there is a great demand for vitamins in a growing population.
THE MAIN BENEFITS OF THE REPORT:
This study introduces an analysis overview of the global vitamin ingredient industry, as well as current trends and future estimates to determine upcoming investment pockets. The report provides information related to key drivers, constraints and opportunities, as well as a detailed analysis of the global vitamin ingredient market share. From 2022-2030 a quantitative analysis of the current market is carried out to highlight the growth scenario of the global vitamin ingredient market. Porters five forces analysis illustrates the power of buyers and suppliers in the market. The report provides a detailed market analysis based on the intensity of competition and how competition will be formed in the next few years."
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Report ID: 10086086 |
Published Date: 21 Oct 2022 |
Report Format: |
Delivery Timeline: 48-72 Business Hours
