Vitamin D Ingredients Market : Affected Analysis by COVID 19 on industry with Leading Players

Vitamin D ingredients are the ingredients that provide nutritive value to the food and provides different health benefits such as aiding in controlling blood pressure, obesity, cholesterol, and heart diseases. owing to this, Vitamin D ingredients are gaining popularity among consumers and are increasingly being used in dietary supplements, functional foods etc.

The global vitamin D ingredients market is projected to reach around US$ 4.0 billion by the end of 2027, in terms of revenue, growing at CAGR of 10.6% during the forecast period (2019-2027).

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Drivers

Growing cases of vitamin D deficiency disease such as rickets due to lack of exposure to sunlight and unhealthy eating habits is expected to serve as a major growth driver factor to the market of vitamin D ingredients. Growing number of the working-class population residing in urban cities are highly susceptible to vitamin D deficiency as compared to people living in rural areas because they spend almost all the daylight hours in office which decrease the level of vitamin D and leading to various disease associated with deficiency of vitamin D. This factor is expected to propel the demand for vitamin D ingredients.

Regionally, North America dominated the global vitamin D ingredient market in 2018, accounting for around 70% share in terms of volume, followed by Europe and Asia-pacific, respectively

Growing cases of a medical condition associated with the excessive consumption of Vitamin D is projected to restrict the market growth of Vitamin D ingredients. High level of Vitamin D in the body can lead to Vitamin D toxicity commonly known as Hypervitaminosis D. Though it is rare, but the serious condition can result in a buildup of excess calcium in the blood which is also known as hypercalcemia. Therefore, excessive consumption of Vitamin D can cause serious medical conditions, this factor is expected to restrain the market growth of Vitamin D ingredient.

Growing application of vitamin D in prenatal is expected to offer potential growth opportunity to the market of vitamin D ingredients. According to the Coherent Market Insights, researchers have discovered that Vitamin D supplements can reduce the risk of Autism in newborn babies. Adequate dosage during pregnancy can help in reducing the risk of autism in the baby. Moreover, many research has been conducted on the same but significant evidence is found in December 2016 when Professor John McGrath from the University of Queensland’s Brain Institute leads a research team and found that babies of pregnant women who didn’t take Vitamin D supplements were found to be more prone to Autism than its opposite.

Competitive Section

Key players operating in the global Vitamin D ingredient market are BASF SE, Dishman Netherlands B.V., Royal DSM N.V., Barr Pharmaceutical, Lycored Limited, Zhejiang Garden Bio-chemical High-tech Company Limited, Fermenta Biotech Ltd, Schiff Nutrition International, Inc. (Reckitt Benckiser), Glaxo Smith Kline, J.R. Carlson Laboratories

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This release was published on openPR.