Vitamin K Market 2019 | Growth, Status and Forecast by 2025

Vitamin K Market is predicted to grow progressively at a CAGR of 8.3% over 2019 to 2025: according to a new research report by Global Market Insights, Inc. According to U.S. DA Human Nutrition Research Center on Aging, the deficiency of vitamin K can lead to low bone mass density and a rise in hip fractures in women. Described below are some prominent factors driving vitamin K industry outlook over the coming years.

Growing consumption in Asia Pacific:

In terms of the regional landscape, Asia Pacific vitamin K market is expected to witness nearly 9% growth over 2019-2025, with increasing birth rates in developing nations being a vital factor driving the demand for healthcare services and pharmaceutical products. For example, vitamin K1 injectables are administered extensively to prevent serious bleeding disorder in babies.

Population in APAC is predicted to surpass 4.77 billion by 2025, which indicates a massive potential for pharmaceutical companies with regard to developing innovative treatment options for every kind of disease and fatal illnesses.

Vitamin K deficiency bleeding (VKDB) is a severe problem which is found in newborns that can cause bleeding into the brain and may lead to brain damage or sometimes even death. With increasing incidents of VKDB expected over the coming years, APAC vitamin K industry will witness increased consumption regionwide.

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With the increasing prevalence of cardiovascular diseases and shifting consumer preferences towards healthy and nutritional diet, vitamin K market share has expanded substantially in the past few years. Vitamin K is one of the leading ingredients to help maintain body vitals and is being incorporated into healthcare products owing to beneficial effects on bone, cardiovascular health, preventing excessive bleeding, and healing wounds.

Vitamin K market report provides a comprehensive landscape of the industry, accurate market estimates and forecast split by product, application, technology, region and end-use. All quantitative information is covered on a regional as well as country basis. The report provides valuable strategic insights on the Vitamin K market, analyzing in detail industry impact forces including growth drivers, pitfalls and regulation evolution. The report also includes a detailed outlook on the Vitamin K market competitive environment, diving into the industry position of each major company along with the strategic landscape.

Increasing use in skin care treatments:

Vitamin k has become one of the popular choices for dermal applications, such as skin and beauty treatments, as it helps in maintaining elasticity of the skin and reduces collagen in the body, making the skin appear smoother and more youthful. Pharmaceutical companies are substantially making usage of the ingredient in many different topical creams which aid in treating a variety of skin conditions. These are also widely adopted by patients who have undergone surgery, to help reduce bruising and swelling.

Eczema is a chronic disorder, which can make the life of a patient challenging and is a prime target for providers of topical treatment containing vitamin K. Estimates show that eczema is a dermal issue affecting around 35 million Americans each year.

Vitamin-K is now easily incorporated into cosmetics products and providing good results and stability to the skin as it has antioxidant properties which are essential for the blood vessel health, immune system, and keep the skin clean and fresh. Driven by these remarkable benefits, vitamin K market size from topical administration was registered at about USD 49 million in valuation in 2018 and will grow considerably in the near future.

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Research in treatment for osteoporosis:

According to a research, osteoporosis is considered as a leading contributor to fractures globally and affects around 75 million people in Japan, Europe, and the US. It is a known fact that vitamin-k is an important component for bone formation and needed for bone mineralization as well as maintaining calcium balance in the body.

Among the various sources of Vitamin-k, MK-7 is known to be one of the most preferred forms of supplementation for osteoporosis and osteopenia treatments. High demand for vit-k, owing to wide application in crucial treatments and growing acceptance of nutritional food products among people, will certainly promote industry trends.

Numerous research initiatives have been undertaken to prove the benefits of vitamin K2 to counter bone disorders. For instance, vitamin K2 had exhibited significant improvement in osteoporosis in Japan when served in the form of a traditional dish or given as a high-dose oral prescription.

Browse Report Summary: https://www.gminsights.com/industry-analysis/vitamin-k-market

Report Content
Chapter 1. Methodology
1.1. Methodology
1.2. Market definitions
1.3. Forecast parameters
1.4. Data sources
1.4.1. Secondary
1.4.1.1. Paid sources
1.4.1.2. Unpaid sources
1.4.2. Primary
Chapter 2. Executive Summary
2.1. Vitamin K industry 3600 synopsis, 2014 - 2025
2.1.1. Business trends
2.1.2. Type trends
2.1.3. Application trends
2.1.4. Route of administration trends
2.1.5. Regional trends
Chapter 3. Vitamin K Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2014 - 2025
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Growing number of clinical research activities related to development of vitamin K products in North America and Asia Pacific
3.3.1.2. Rising number of coagulation disorders globally
3.3.1.3. Lifestyle and dietary changes leading to deficiency of vitamin K in developed as well as developing countries
3.3.1.4. Growing prevalence of chronic diseases
3.3.1.5. Increasing awareness regarding availability of commercially viable vitamin K products in Asia Pacific
3.3.2. Industry pitfalls & challenges
3.3.2.1. Side effects associated with vitamin K dosage
3.4. Growth potential analysis
3.4.1. By type
3.4.2. By application
3.4.3. By route of administration
3.5. Porter's analysis
3.6. Competitive landscape, 2018
3.6.1. Strategy dashboard
3.7. PESTEL analysis

More Insightful Info: https://www.marketwatch.com/press-release/1-bn-by-2025vitamin-k-market-size-set-for-massive-growth-2019-09-16

Evolving competitive landscape globally:

In Jan 2019, NattoPharma had announced that its patented MenaQ7 is the only Vitamin K2 as MK-7 clinically validated for cardiovascular health. Vitamin K2 as MK-7 is the first compound till date shown to impact on arterial calcification by its activation of MGP as well as gaining considerable attention from the medical community as a potential therapy. Similar developments in orally administered products is likely to expedite vitamin-k industry outlook.

Industry players are putting rigorous efforts into improving their ROI and broaden geographical presence through implementation of substantial expansion tactics such as conducting R&D programs, mergers and acquisition, and product differentiation. Pfizer had recently merged its generic business with Mylan to bring more profitable and innovative drugs into its portfolio. With this merger, the company expanded various treatment options to patients across the healthcare domain.

BASF DSM, Livealth Biopharma, Amphastar Pharmaceuticals, Country Life, NOW Foods, NattoPharma, Kappa Bioscience, and Pfizer are the key manufacturers of vitamin K-based medical products. Global Market Insights, Inc. has estimated that global vitamin K market will surpass a valuation of USD 1 billion by 2025.

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Corporate Sales, USA
Global Market Insights, Inc.
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Email: sales@gminsights.com

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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