Press release
Phylloquinone Market Latest Trending Report Is Booming Globally By Top Leading Players 2020-2027 | BASF, Kappa Bioscience, DSM, NattoPharma
Market Size – USD 413.7 Million in 2018, Market Growth - CAGR of 7.8%, Market Trends – The rising demand for Phylloquinone in dietary supplementsPhylloquinone can be described as a prenylated naphthoquinone, which is synthesized exclusively by green algae, certain species of cyanobacteria, plants wherein it acts as an electron acceptor for developing protein disulfide bonds, and as an essential electron carrier in photosystem I. This prenylated naphthoquinone is also referred as vitamin K1. This type of vitamin K is stable in moisture & air, and it is fat-soluble. However, this type of vitamin K degrades in sunlight. One of its mentionable natural source is green plants.
This report covers the recent COVID-19 incidence and its impact on Phylloquinone. The pandemic has widely affected the economic scenario. This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.
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In recent years, there has been an elevating focus on vitamin K as a beneficial nutrient in cardiovascular health. This form of vitamin K is the most common dietary source of this vitamin, which is available in some plant oils and dark-green leafy vegetables. Based on various animal studies, it has been stated that the intake of this vitamin may help in minimizing the development of CVD by regulating lipoprotein metabolism and counteracting vascular calcification. Thus, the rising occurrence rate of cardiovascular diseases, growing geriatric population are some of the mentionable factors contributing to the overall growth of the sector.
Influential and dominant players in the Phylloquinone market space:
Amphastar Pharmaceuticals Inc., Country Life (Kikkoman Corporation), BASF, Kappa Bioscience, DSM, NattoPharma, Livealth Biopharma, NOW Foods, Solgar Inc and Pfizer Inc..
For the purpose of this report, Reports and Data have segmented the global Phylloquinone market according to Grade, Route of Administration, Application, and Region:
Grade Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2027)
• Food Grade
• Pharmaceutical Grade
Route of Administration Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2027)
• Parental
• Oral
• Topical
Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2027)
• Vitamin K deficiency
• Warfarin overdose
• Obstructive jaundice
• Osteoporosis
• Others.
The Phylloquinone report consists of streamlined financial data obtained from various research sources to provide specific and trustworthy analysis. An in-depth analysis of the market trends of the Phylloquinone industry and how the factors affect its functioning. The factors are segmented into drivers and restraints for increased comprehensibility and understanding. The report also provides a detailed outlook of the Phylloquinone market share along with strategic recommendations, on the basis of emerging segments.
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The regions that have been included in the study are:
Regional Analysis:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa
Some major points covered in this Phylloquinone Market report:
1. An excessively meticulous study that helps in segmenting the useful data from the irrelevant.
2. The study has been segmented and sub-segmented into regions, end-users, applications, product types, players according to the influence they exercise in the Phylloquinone market, their strategies, and the potential consumer bases that a new entrant can tap into.
3. In the next section, factors responsible for the growth of the market have been included. This data has been collected from the primary and secondary sources and has been approved by the industry specialists. It helps in understanding the key market segments and their future trends.
4. The participants of this industry who possess and employ influence over the Phylloquinone market are highlighted in the study and their respective strategies to overcome the competition and challenges of the eco-system they perform in.
5. The Phylloquinone market research report also presents an eight-year forecast on the basis of how the market is predicted to grow.
Further key findings from the report suggest
• The Phylloquinone market held a market share of USD 413.7 Million in the year 2018 that is forecasted to grow at a rate of 7.8% during the forecast period.
• In context to Grade, the Food Grade segment is projected to witness a faster growth rate of 8.1% during the forecast period, which occupied more than 40.0% of the market in 2018. The growth rate witnessed by the Food Grade segment is attributed to increasing demand for dietary supplements and elevating demand of the vitamin in the food sector in these dietary supplement products, which is contributing to the growth rate witnessed by this segment. It natural availability in various food sources like green leafy vegetables, and it’s easily availability also contributes to the growth rate witnessed by this segment.
• In context to Route of Administration, the Oral segment held the largest market share of 40.0% in 2018, with a CAGR of 7.9% during the forecast period. The wide availability of this vitamin in tablets, capsule, and other supplement forms and the ease of its consumption in the oral route of administration contributes to the growth rate witnessed by this segment.
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In the end, the report covers segment data, including industry segment, type segment, channel segment, etc., as well as the segments’ market size, both in terms of volume and value. In addition, the report mentions client data from different industries, which is vital to manufacturers. The report has been collated with in-depth secondary research, comprehending the market access aspects across various geographies.
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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
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