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Asia Pacific is likely to dominate Vitamin Ingredients Market through 2024- Goldstein Research

12-18-2019 10:53 AM CET | Health & Medicine

Press release from: Goldstein Research

According to Goldstein Research, global vitamin ingredients market is expected to grow from USD 5.9 billion in 2016 to reach USD 8.5 billon by 2024, growing at a compounded annual growth rate of 5.0% over the forecast period 2016-2024. The factors such as rising geriatric population and top players expanding their market to cater new demand for multi-vitamin based products is driving the growth of the market. Global vitamin ingredients market segmentation has been carried out on the basis of products, mode of consumption, application and region. Based on the products, vitamin B holds the largest market share primarily due to number of groups in it reaching to 8 groups and also due to vitamin B preventive impact on the disease such as scurvy, osteoporosis. Global vitamin ingredients market is majorly driven by Asia Pacific, growing at a CAGR of 7.0% during the forecast period on the back of large population demanding the vitamins based products and also the increasing disposable income coupled with health and dietary awareness among the people is impacting the growth of APAC vitamin ingredients market. t
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Market Segmentation
On the basis of our in-depth analysis, Global Vitamin Ingredients Market can be segmented as follows:
• On the basis of products
o Vitamin A
o Vitamin B
o Vitamin C
o Vitamin D
o Vitamin E
o Vitamin K
• On the basis of mode of consumption
o Pills
o Powders
o Creams
o Liquids
• On the basis of application
o Pharmaceuticals
o Food and beverage
o Cosmetics
o Animal feeds
o Others
• By Region
o North America (US, Canada)
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe)
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa)
o Latin America (Brazil, Mexico and Rest of Latin America)
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific)
o Rest of the World

“Global Vitamin Ingredients Market Outlook 2024” by Goldstein Research contains detailed overview of the global vitamin ingredients market. Further, for the in-depth analysis, it encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as BASF, Bayer, Amway, DSM, Dupont, Lonza, AIE Pharmaceuticals, Aland (Jiangsu) Nutraceuticals, Atlantic Essential Products, Bactolac Pharmaceutical, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global vitamin ingredients market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Contact for more info:
Steve Blade
Goldstein Research
+ 1-646-568-7747
sales@goldsteinresearch.com
99 Wall Street, Suite No 527, New York, NY 10005

About Goldstein Research
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts are working on food & beverages reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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