Global Retinol (Vitamin A) market is expected to reach USD 1,125.0 million by the end of 2026

Global Retinol (Vitamin A) Market 2021 by Manufacturers, Regions, Type and Application, Forecast to 2026

Infinity analysts forecast the global Retinol (Vitamin A) market to grow at a CAGR of 4.4% during the forecast period, according to their latest market research report.

Retinol (Vitamin A) is present naturally in animal-sourced food such as oily fish and liver, fortified food, sources of beta-carotene, and other food items. Vitamin A is inherently beneficial to the development of bones, teeth, and tissue, with active action against wrinkles and skin pigmentation. The retinol products are also helpful to the development of good vision, especially at night.

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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Top key players @ Koninklijke DSM N.V. and Zhejiang NHU Co., Ltd. among many other vendors to hold substantial market share by volume and value.

The increasing product application in animal feed products and growing product demand from the cosmetics industry are the influential primary factors that would bolster the prospects of market growth. The successful addition of retinol in personal care & cosmetic products revitalizes the skin and helps it hydrate by maintaining moisture, which is essential in the elimination of early signs of wrinkles. The additional use of retinol in anti-aging creams and eye vision drops would further influence the growth of the market towards positive outcomes. The continuous product use in pharmaceutical products and over-the-counter (OTC) drugs would offer key vendors with new opportunities for the product application and business expansion during the forecast period.

Synthetic Retinol and Natural Retinol are covered in the Type segment of the market scope, while the Application segment is categorized into Food Additives, Feed Additives, Cosmetics, and Medical. The report covers the volume of the market by Application, with the volume expressed in Tons. The Type segment is calculated in terms of value and volume.

The volume of the Food Additives segment by Application is poised to garner 5,461.0 Tons by 2026; growing at a CAGR of 3.3% from 2020 to 2026. The strengthening of immunity and improvement in vision through the intake of Vitamin A food additives have improved the demand for retinol dietary supplements. The reduction of cancer risks through regular consumption of beta-carotene present in Vitamin A would further influence the growth of the segment in the coming years.

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North America, Europe, Asia Pacific, South America, and Middle East & Africa are taken into consideration while arriving at the global volume and value figures. While North America is further categorized into the United States, Canada, and Mexico, Europe is split into the United Kingdom, Germany, France, Italy, Russia, and Rest of Europe. Asia-Pacific covers India, China, Japan, South Korea, and Rest of Asia Pacific in its scope. South America is bifurcated into Brazil, Argentina, and Rest of South America, with Middle East & Africa involving GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

Europe is a lucrative prospect for crucial companies operating in the region. It holds a considerable share in terms of overall market volume and value owing to the application of retinol products as feed additives for cattle and livestock food consumption. The increasing sale of Vitamin A pharmaceutical products as over-the-counter drugs would also influence the consistent growth of the regional market.

The Retinol (Vitamin A) market is moderately consolidated, with several key players operating with expansive manufacturing capabilities and extended global reach. The extension of manufacturing facilities for further production volume and expansion in business capabilities through strategic partnerships are the primary business strategies of the top players.

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