|06-13-2018 04:33 PM CET - Health & Medicine||
Global Vitamins and Derivative Industry: More than US$ 6,900 Mn worth Vitamins and Derivatives are Expected to be Used in the Food and Beverage Industry
Press release from: Fact.MR
The rapidly expanding vitamins and derivatives market is the focus of a new report added to the market intelligence repository of Fact.MR. This 170-page broad study is headlined as “Vitamins and Derivatives Market Research Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2026” which noticeably examines the prospects of the global vitamins and derivatives industry till the end of 2022, using the market’s development trajectory in the recent past as the key indicator of actionable insights into the market’s growth pattern. A blend of primary & secondary research has been implemented for offering estimates and forecasts on the concerned market.
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Increasing level of awareness about consuming healthy food, especially among aging population is driving the demand for food products with vitamins and derivatives. Consumption of such products has also increased in emerging economies such as China, India and Brazil. Regular intake of vitamins and derivatives is extremely important for proper development and functioning of the health. Vitamins are added to a wide range of healthcare products, which continue to witness an uptrend owing to their growing importance in the fast-paced life of a modern consumer. At the same time, increased consumption of vitamin supplements and desires of having enhanced physical appearance has led to a greater demand for vitamins and derivatives globally. Fact.MR’s recently published report reveals that the global vitamins and derivatives market will exhibit a steady growth during the forecast period (2017-2026). In terms of volume, the market is expected to reach 165,075 tons by 2026-end. In recent years, trend of leading a healthier and active life has become more prominent, which is fueling the demand for functional food.
Vitamin B a Leading Product Type
Use of vitamin B is significantly high across the globe. Vitamin B finds application in manufacturing of various function food, cosmetics, and dietary supplements. The global sales of vitamin B currently represents for more than one-fourth share of the market in terms of revenue. Towards the end of 2026, nearly US$ 7,355.2 Mn worth vitamin B is expected to be sold worldwide.
Food & Beverage Will Remain the Largest End-Use Industry
Use of vitamins and derivatives is significantly high in the food and beverage industry. This is primarily owing to increasing consumer preference for food and beverage product that have high nutritional content and are healthy. By 2026-end, more than US$ 6,900 Mn worth vitamins and derivatives are expected to be used in the food and beverage industry.
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Table of Contents:
Global Economic Outlook
Global Vitamins and Derivatives Market – Executive Summary
Global Vitamins and Derivatives Market Overview
3.1.1. Global Vitamins and Derivatives Market Taxonomy
3.1.2. Global Vitamins and Derivatives Market Definition
3.2. Global Vitamins and Derivatives Market Value (US$ Mn) and Volume (Tonnes) Forecast, 2012-2026
3.2.1. Global Vitamins and Derivatives Market Y-o-Y Growth
3.3. Global Vitamins & Derivatives Market Dynamics
3.4. Value Chain
3.5. Consumer Trend Analysis
3.6. Trade Analysis
3.8. Product Innovations
3.9. Product Life Cycle
3.10. PESTLE Analysis
3.11. Key Participants Market Presence (Intensity Map) By Region
Global Vitamins and Derivatives Market Analysis and Forecast 2012-2026
4.1. Global Vitamins and Derivatives Market Size and Forecast By Product Type, 2012-2026
4.1.1. Vitamin B Market Size and Forecast, 2012-2026
126.96.36.199. Revenue (US$ Mn) Comparison, By Region
188.8.131.52. Market Share Comparison, By Region
184.108.40.206. Y-o-Y growth Comparison, By Region
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