The vitamin D market, in terms of value, is estimated to account for nearly USD 1.1 billion in 2020 and projected to grow at a CAGR of 7.0%, to reach nearly USD 1.6 billion by 2025. The vitamin D market has been growing in accordance with the rise in demand and consumption of feed around the world. The feed industry is witnessing an upward trend in the demand for enriched feed products, which supports the demand for nutritional additives such as vitamin D. Furthermore, developing economies such as China and India, where there is a growing focus on animal nutrition, different vitamins are expected to experience a strong rise in the demand from the feed industry.
The dry segment is estimated to account for a larger share in the vitamin D market in 2020.
By form, the dry segment is estimated to account for a larger share in the market in 2020. The dry form of vitamin D is preferred by manufacturers due to its greater stability, ease of handling and storage, and convenience of usage in a wide range of products. Most of the vitamin D sold are synthetic. Vitamins D2 and D3 are mainly available in colorless crystals; their solubility in vegetable oil is low. The vitamin D3 analog is more stable as compared to that of vitamin D2. Vitamin D3 is estimated to be the majorly consumed vitamin D analog in the world.
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The Asia Pacific market is projected to grow at the highest CAGR during the forecast period.
The deficiency of vitamin D is widespread in Asia Pacific, particularly in South and Southeast Asia. Rickets (a deformity due to “soft bones”) is very common in China and is a result of poor vitamin D consumption. Furthermore, the rise in income levels and significant consumer demand for nutritional & healthy products are expected to provide promising prospects for the growth and diversification of the region’s functional food & beverage products, in turn, leading to growth in the consumption of vitamin-infused products, and thereby driving the market growth.
China and India are two of the most favorable markets for vitamin D manufacturers for expansion, due to the rising demand for animal feed, fortified food products, and easy availability of raw materials. It has become a key destination for manufacturers of vitamin D supplements and pharmaceutical product companies such as the Alkem Laboratories (India), Cadila Pharmaceuticals (India), Abbott Laboratories (US), and Sanofi S.A (France).
Vitamin D plays an important role in maintaining healthy bones and the regulation of immune systems; it is also associated with the prevention of heart disease, cancer, diabetes, and multiple sclerosis. The body requires sufficient vitamin D from a healthy diet and exposure to the sun. The major role of vitamin D is maintaining normal levels of calcium and phosphorus in the blood. It helps the body to absorb calcium, which forms and maintains strong bones. It also protects the body against osteoporosis, osteomalacia, rickets, and cancer. Vitamin D is found in food products such as fish, eggs, fortified milk, and cod liver oil.
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The key players in the vitamin D market include Zhejiang Garden Biochemical High-Tech Co.,Ltd (China), Koninklijke DSM N.V. (Netherlands), Zhejiang Xinhecheng Co., Ltd. (China), Taizhou Haisheng Pharmaceutical Co., Ltd. (China), Xiamen Jindawei Vitamin Co., Ltd. (China), Fermenta Biotech Ltd. (India), Zhejiang Medicine Co., Ltd.(China), BASF (Germany), and Dishman Group (India). The key market players, along with the other players, adopted various business strategies such as new product launches, expansions, and joint ventures & agreements, in the last few years, to meet the growing demand for vitamin D.
Global Vitamin D Market is expected to reach significant USD in billion by 2025.
The body as a response to sun exposure produces Vitamin D, also known as the sunshine vitamin.
It is a fat-soluble vitamin, which is naturally present in very few foods and available as a dietary supplement.
Moreover, it is also produced when UV rays from sunlight strike the skin and activate vitamin D synthesis.
The sun, supplements, and food are the major source of vitamin D and these are biologically inert and should undergo two hydroxylation in the body for activation.
The Vitamin D Market is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe.
The Global Vitamin D Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The report offers a value chain analysis that gives a comprehensive outlook of the vitamin D market.
The attractiveness analysis of this market has also been included to evaluate the segments that are anticipated to be profitable during the forecast period.The report also studies the competitive landscape of the global market with company profiles of players such as:Abbott LaboratoriesArcher Daniels Midland CompanyBASF SEFermenta Biotech Ltd.Groupe Danone SAKoninklijke Dsm NVKraft Foods Group, Inc.Nestle SAPfizer, Inc.Synthesia, ASA detailed description of each has been included, with information in terms of headquarters, inception, stock listing, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments.
This analysis gives a thorough idea about the competitive positioning of market players.
The report also gives information on vitamin D market’s mergers/acquisitions, partnerships, collaborations, new product launches, new product developments and other industry developments.Browse the complete Global Vitamin D Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/4530-vitamin-d-market-reportSEGMENTATIONS IN REPORT:Vitamin D Market Analysis by Analog:Vitamin D2Vitamin D3Vitamin D Market Analysis by Applications:Functional Food & BeveragesPharmaceuticalsAnimal Feed & Pet FoodPersonal CareVitamin D Market Analysis by End-User:ChildrenAdultsPregnant WomenVitamin D Market Analysis by Geography:North AmericaEuropeAsia PacificRest of the WorldDownload Free Sample Report of Global Vitamin D Market @ https://www.decisiondatabases.com/contact/download-sample-4530The Global Vitamin D Market has been exhibited in detail in the following chapters –Chapter 1 Vitamin D Market PrefaceChapter 2 Executive SummaryChapter 3 Vitamin D Industry AnalysisChapter 4 Vitamin D Market Value Chain AnalysisChapter 5 Vitamin D Market Analysis By AnalogChapter 6 Vitamin D Market Analysis By ApplicationsChapter 7 Vitamin D Market Analysis By End-UserChapter 8 Vitamin D Market Analysis By GeographyChapter 9 Competitive Landscape Of Vitamin D CompaniesChapter 10 Company Profiles Of Vitamin D IndustryPurchase the complete Global Vitamin D Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-4530Other Reports by DecisionDatabases.com:Global Vitamin K2 Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
Global Vitamin D Market is expected to reach significant USD in billion by 2025.
The body as a response to sun exposure produces Vitamin D, also known as the sunshine vitamin.
It is a fat-soluble vitamin, which is naturally present in very few foods and available as a dietary supplement.
Moreover, it is also produced when UV rays from sunlight strike the skin and activate vitamin D synthesis.Browse the Full Global Vitamin D Market - Global Scenario, Industry Outlook, Analysis, Size, Trends and Forecast, 2014 To 2025 Report at - https://www.millioninsights.com/industry-reports/vitamin-d-market-sizeVitamin D is necessary for maintaining healthy bones and teeth, protect against disorders like cancer, type 1 diabetes, and multiple sclerosis.
The sun, supplements, and food are the major source of vitamin D and these are biologically inert and should undergo two hydroxylation in the body for activation.
The Vitamin D Market is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe.
