Increasing Demand For Vitamin Added Foods & Cosmetics Boosted Global Vitamin Ingredients Market
Global Vitamin Ingredients Market size was valued at $5,843 Million in 2016 and expected to reach $8,573 Million by 2024; growing at a CAGR of 4.9% from 2016 to 2024. In geographical segments, Asia Pacific and Europe are anticipated to grow at a fastest CAGR of 5.4% and 5.3%, respectively, over the forecast period 2016 – 2024.
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Global vitamin ingredients market trends are increasing demand for vitamin added foods & cosmetics, increasing knowledge about preventive actions in consumers, government initiation regarding essential intake of vitamins among children and pregnant women, increasing geriatric population in many developed and emerging countries. Though, fortified foods and other supplements such as fish oils may hamper the market growth. Additionally, e-commerce and access of private labels recommending their new brands with superior formulations would provide growth opportunity for the market in the upcoming years.
The global vitamin ingredients market has been categorized into product type, application and geography. Product type includes Vitamin A, Vitamin B, Vitamin C, Vitamin D, Vitamin E and Vitamin K. Vitamin B accounted for major market share in 2016 and expected to continue the trend in the forecast period, 2016 -2024. Additionally, applications segment is further segmented as food & beverages, pharmaceuticals, cosmetics, animal feed and others. In application segment, Pharmaceuticals held the largest market share in 2016 and projected to be predominant during the forecast period, 2016 – 2024.
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On the basis of geography, the vitamin ingredients market has been categorized into North America, Europe, Asia-Pacific and Rest of the World (RoW). Asia Pacific is the fastest growing region in the global vitamin ingredients market, owing to growing health-awareness, increasing disposable income, and various health awareness initiatives from government.
Major market players of global vitamin ingredients market comprise of BASF SE, Bayer AG, Pharmavite LLC, Herbalife International, Inc., Archer Daniels Midland Co., North China Pharmaceutical Corporation, Adisseo France S.A.S, Nutraceutical Corporation, Glanbia plc., and Lonza Group Ltd., among others.
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Scope of Vitamin Ingredients Market
Product Type Segments
• Vitamin A
• Vitamin B
• Vitamin C
• Vitamin D
• Vitamin E
• Vitamin K
Applications Segments
• Pharmaceuticals
• Food & Beverages
• Cosmetics
• Animal Feeds
• Others
Geography Segments
• North America
o US
o Canada
o Mexico
• Europe
o U.K.
o Germany
o Italy
o France
o Spain
o Others
• Asia-Pacific
o China
o Japan
o Others
• RoW
o Middle East
o South America
o Africa
About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
For further information, visit https://www.variantmarketresearch.com
You can connect with us on LinkedIn here @ https://www.linkedin.com/company/variant-market-research
Contact Us:
Michael Mendes
Head - Sales
Variant Market Research
649 Mission St, 5th Floor, San Francisco, CA 94105, United States.
Tel: +1-415-680-2785
Fax: +1-415-680-2786
Email: michael.mendes@variantmarketresearch.com
Email: help@variantmarketresearch.com
To browse the complete report, visit at https://www.variantmarketresearch.com/report-categories/food-beverages/vitamin-ingredients-market
Global vitamin ingredients market trends are increasing demand for vitamin added foods & cosmetics, increasing knowledge about preventive actions in consumers, government initiation regarding essential intake of vitamins among children and pregnant women, increasing geriatric population in many developed and emerging countries. Though, fortified foods and other supplements such as fish oils may hamper the market growth. Additionally, e-commerce and access of private labels recommending their new brands with superior formulations would provide growth opportunity for the market in the upcoming years.
The global vitamin ingredients market has been categorized into product type, application and geography. Product type includes Vitamin A, Vitamin B, Vitamin C, Vitamin D, Vitamin E and Vitamin K. Vitamin B accounted for major market share in 2016 and expected to continue the trend in the forecast period, 2016 -2024. Additionally, applications segment is further segmented as food & beverages, pharmaceuticals, cosmetics, animal feed and others. In application segment, Pharmaceuticals held the largest market share in 2016 and projected to be predominant during the forecast period, 2016 – 2024.
Get Table of Content (TOC) @ https://www.variantmarketresearch.com/report-categories/food-beverages/vitamin-ingredients-market/toc
On the basis of geography, the vitamin ingredients market has been categorized into North America, Europe, Asia-Pacific and Rest of the World (RoW). Asia Pacific is the fastest growing region in the global vitamin ingredients market, owing to growing health-awareness, increasing disposable income, and various health awareness initiatives from government.
Major market players of global vitamin ingredients market comprise of BASF SE, Bayer AG, Pharmavite LLC, Herbalife International, Inc., Archer Daniels Midland Co., North China Pharmaceutical Corporation, Adisseo France S.A.S, Nutraceutical Corporation, Glanbia plc., and Lonza Group Ltd., among others.
Click Here to Request a Free Sample PDF of This Report @ https://www.variantmarketresearch.com/report-categories/food-beverages/vitamin-ingredients-market/sample-request
Scope of Vitamin Ingredients Market
Product Type Segments
• Vitamin A
• Vitamin B
• Vitamin C
• Vitamin D
• Vitamin E
• Vitamin K
Applications Segments
• Pharmaceuticals
• Food & Beverages
• Cosmetics
• Animal Feeds
• Others
Geography Segments
• North America
o US
o Canada
o Mexico
• Europe
o U.K.
o Germany
o Italy
o France
o Spain
o Others
• Asia-Pacific
o China
o Japan
o Others
• RoW
o Middle East
o South America
o Africa
About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
For further information, visit https://www.variantmarketresearch.com
You can connect with us on LinkedIn here @ https://www.linkedin.com/company/variant-market-research
Contact Us:
Michael Mendes
Head - Sales
Variant Market Research
649 Mission St, 5th Floor, San Francisco, CA 94105, United States.
Tel: +1-415-680-2785
Fax: +1-415-680-2786
Email: michael.mendes@variantmarketresearch.com
Email: help@variantmarketresearch.com