Global Vitamins Market || ADM, BASF, Lonza Group, Vitablend Nederland B.V., Sternvitamin GmbH & Co. Kg, Farbest-Tallman Foods Corporation, Watson Inc., and Zagro.

Vitamins are the organic substances essentials for the nutrition of animals as well as plants. They act as a recursors of coenzymes during regulation of metabolic processes. Vitamins neither provide energy nor serve as building units.

The market in Asia Pacific currently dominates the market for vitamins and is expected to continue its strong hold for a few more years owing to growing demand for nutritional & healthy products which in turn propelling consumption of the vitamins in various industries in the countries of the region.

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The markets in Europe and North America are expected to register significant growth rate, owing to rise in demand for the nutritionally enriched and processed food products in the region, over the forecast period.

Moreover, increasing prevalence of vitamin deficiencies among the individuals across the globe is another factor expected to drive growth of the global vitamins market, in the near future. However, high costs associated with the raw materials of vitamins are major factor expected to hamper growth of the global vitamins market over the forecast period.

The global vitamins market has been segmented on the basis of type, application, source, and region. The type segment includes vitamin B, vitamin E, vitamin D, vitamin C, vitamin A, and vitamin K.

The application segment is further sub segmented into healthcare products, food & beverages, feed, and personal care products. On the basis of source the global vitamins market has been segmented as synthetic and natural.

On the basis of region the target market has been segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Asia Pacific is expected to account major market share as compared to that of other regions.

Key players operating in the global vitamins market includes Koninklijke DSM N.V., Glanbia PLC

ADM, BASF, Lonza Group, Vitablend Nederland B.V., Sternvitamin GmbH & Co. Kg, Farbest-Tallman Foods Corporation, Watson Inc., and Zagro.

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This release was published on openPR.