In the highly competitive global vitamin ingredient market, most of the market share is held by top five key players together. Those are Amway, Lonza, DuPont, Koninklijke, and BASF. Going forward too, these players are expected to hold on to their leading shares. Further the competition in the market is predicted to heat up in future owing to mergers and acquisitions and partnerships.
A report published by Research Report Insights (RRI) on the market for vitamin ingredient shows that it would rise at a steady 4.9% CAGR over the course of the forecast period by 2025. At this pace, the market which was valued at US$5.3 bn in 2016, will likely become worth US$8.1 bn by 2025-end.
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Vitamin ingredients find application in formulating processed and packaged food and beverages, pharmaceuticals, animal feed, and cosmetics. Among them, pharmaceuticals are driving maximum demand at present and over the next few years would continue doing so. From a geographical standpoint, Asia Pacific is expected to rise at a steady 5.4% CAGR over the course of the forecast period owing to its burgeoning population, growing awareness about health among them, and a large number of people suffering from deficiency of vitamins. Others factors serving to promote the market in the region is the growing disposable incomes of people, strengthening healthcare systems, and a solid distribution network.
Rising Health Consciousness among People Drives Market
Overall, the outlook for the vitamin ingredient market looks promising because of the rising tribe of health conscious people who are seriously concerned about their nutritional intake. Advised by doctors or fitness instructors, they are seen supplementing their vitamin uptake. They are aware of the various kinds of vitamins and their health benefits. This is expected to drive sales in the market. Adds the lead analyst of out RRI report, “The shift towards preventive healthcare in order to prevent diseases has led to the surging uptake of vitamin ingredients. This is mainly on account of the rising occurrence of chronic ailments caused resulting from the deficiency of certain vitamins in the body. The growing occurrence of other diseases akin to nutrition-based deficiencies is also positively influencing the market.”
Natural Vitamin Sources Pose Challenge to Market
Despite steadily growing sales of vitamin ingredients, their market is yet to reach full potential because of the high demand for natural sources of vitamins such as fruits and vegetables, nuts, and fish. Further, increasing uptake of fish oil and other supplements and fortified foods is also dampening demand in the market.
Notwithstanding such setbacks, the market for vitamin ingredients is predicted to soar over the next few years because of the entry of more number of private labels and the ecommerce boom. The latter is providing greater visibility to new products launched by brands who are also banking upon proper descriptions to educate the consumers. Besides, initiatives by governments for promoting intake of vitamins in children and pregnant women and the surging demand for cosmetics infused with vitamins has been catalyzing growth in the market too.
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The report segments the Global Vitamin Ingredient Market into the following:
Global Vitamin Ingredients Market: Type
- Vitamin A
- Vitamin B
- Vitamin C
- Vitamin D
- Vitamin E
- Vitamin K
Global Vitamin Ingredients Market: Application
- Pharmaceuticals
- Processed and Packaged Food and Beverage
- Cosmetics
- Animal Feed
Global Vitamin Ingredients Market: Geography
North America
US.
Rest of North America
Europe
UK.
France
Italy
Germany
Spain
Rest of Europe
Asia Pacific (APAC)
China
ASEAN
Japan
Rest of APAC
Middle East and Africa (MEA)
South Africa
Rest of MEA
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Report Analysis@ https://www.researchreportinsights.com/report/rd/110114891/Vitamin-Ingredient-Market
In the highly competitive global vitamin ingredient market, most of the market share is held by top five key players together.
Going forward too, these players are expected to hold on to their leading shares.
A report published by Research Report Insights (RRI) on the market for vitamin ingredient shows that it would rise at a steady 4.9% CAGR over the course of the forecast period by 2025.
At this pace, the market which was valued at US$5.3 bn in 2016, will likely become worth US$8.1 bn by 2025-end.Vitamin ingredients find application in formulating processed and packaged food and beverages, pharmaceuticals, animal feed, and cosmetics.
Among them, pharmaceuticals are driving maximum demand at present and over the next few years would continue doing so.
Others factors serving to promote the market in the region is the growing disposable incomes of people, strengthening healthcare systems, and a solid distribution network.Request For Report Sample: https://www.researchreportinsights.com/report/sample/110114891/Vitamin-Ingredient-MarketRising Health Consciousness among People Drives MarketOverall, the outlook for the vitamin ingredient market looks promising because of the rising tribe of health conscious people who are seriously concerned about their nutritional intake.
The global antimicrobial coatings market size is expected to reach USD 7.48 billion by 2026, growing at a CAGR of 12.4% during the forecast periods according to a new study published by Polaris Market Research.
Antimicrobial coatings are paint preparations mixed with a little quantity of biocides to improve resistance towards bacteria, fungi and other pathogens.
Food industry and applications use these AMC coatings to increase shelf life of products, equivalent to length of product life in stores.
Antimicrobials coating market is subject to rigorous quality checks including full testing for potential lethalness and harmful environmental effects as per Central for disease control (CDC) guidelines.
North America leads regional growth in Global AMC industry.
US spending on health sector being quite high contribute to high growth factors for regional market.
The global antimicrobial coatings market size is expected to reach USD 7.48 billion by 2026, growing at a CAGR of 12.4% during the forecast periods according to a new study published by Polaris Market Research.
Antimicrobial coatings are paint preparations mixed with a little quantity of biocides to improve resistance towards bacteria, fungi and other pathogens.
Food industry and applications use these AMC coatings to increase shelf life of products, equivalent to length of product life in stores.
Antimicrobials coating market is subject to rigorous quality checks including full testing for potential lethalness and harmful environmental effects as per Central for disease control (CDC) guidelines.
North America leads regional growth in Global AMC industry.
US spending on health sector being quite high contribute to high growth factors for regional market.
Research Report Insights offers a 10-year forecast for the industrial and institutional cleaning chemicals market between 2016 and 2026. In terms of value, the market is expected to register a CAGR of 5.2% during the forecast period (2016–2026). The foremost objective of the report is to present insights on various advancements while providing updates on drivers, restraints, opportunities and regional trends. The study provides market dynamics that are expected to influence current environment and future status of the industrial and institutional cleaning chemicals market over the forecast period.
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The report starts with market overview and provides market definition and overview about the global market. The next section provides an idea about volume, pricing and value analysis, and value chain. Moreover, relative market position and opportunities in various regions is highlighted in this section. The section that follows presents the market dynamics which includes market drivers, restraints, opportunity and regional trends.
The next section of the report provides detailed market share analysis, Y-o-Y growth and market attractiveness analysis on the basis of application segment. A section of the report highlights country-wise industrial and institutional cleaning chemicals demand. It provides a market outlook for 2016–2026 and sets the forecast within the context of the report, including the new technological developments as well as product offerings for various applications in the industrial and institutional cleaning chemicals market.
In the final section of the report, a competitive landscape has been included to provide report audiences with a dashboard view. Detailed profiles of manufacturers are also included within the scope of the report to evaluate their long- and short-term strategies, key offerings and recent developments in the industrial and institutional cleaning chemicals market. Key players in global industrial and institutional cleaning chemicals market include BASF SE, Akzonobel N.V., The Dow Chemical Company, Solvay SA, Henkel AG & Co. KGaA, Huntsman Corporation, Eastman Chemical Company, Lonza Group among others.
Key Segments Covered
By Application
- Industrial
- Hand hygiene chemicals
- Building care chemicals
- Others
- Commercial
- Kitchen care chemicals
- Building care chemicals
- Hand hygiene chemicals
- Laundry Care chemicals
- Others
- Domestic
- Kitchen care chemicals
- Building care chemicals
- Hand hygiene chemicals
- Laundry Care chemicals
- Others
All the sub-segments are further categorized into citric acid, lactic acid, formic acid, phosphoric acid, acetic acid, hydrochloric acid, chlor alkalis, surfactants, chelating agents, phosphates, biocides, and solvents.
By Region
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan (APEJ)
- Middle East & Africa (MEA)
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A detailed analysis has been provided for every segment in terms of market size analysis for the industrial and institutional cleaning chemicals market.
It is vital to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse the same on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities for market players.
Another key feature of this report is the analysis of all key segments in terms of absolute dollar. This is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as identifying potential resources from a sales and delivery perspective in the industrial and institutional cleaning chemicals market.
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Jan 22, 2021: Industry InsightsThe global market size of agricultural films market in 2015 was USD 7.27 billion.
Concerns regarding disposal of product is anticipated to be a hindrance on the future growth.
With Properties like durability, finished products extended shelf life with high tensile strength, and improved thermal characteristics are expected to increase the market shelf life over the forecast period.
Areas with limited water supply and harsh climatic conditions these products find a good market space to bloom.HDPE i.e.
Other reason which accounts for lesser penetration is lesser durability of finished products added with non-biodegradability of the products.Application InsightsDue to applications such as control on increased soil temperature, speeding up the germination and cultivation cycles, reduced water consumption and keeping fertilizers and nutrients closer to the plant mulching leads the segment and is accounted for more than 43% of total market space in 2015.
With uncertain climate change due to multiple factors like population and industrialization demand for horticulture and floriculture segment will see more growth of these products.Stretch silage due to durability, protection against the damage caused by sunlight, notably UV light and cost effectiveness serves as air tight package that in return restricts the unwanted fermentation for all agricultural products.Regional InsightsThe Asia Pacific leads the market in this region led the global industry with iver 70% of the total demand.
