Vitamins market Uncovers The Reasons For market Growth At A Cagr Of 7.3% | Adisseo France S.A.S., Archer Daniels Midland Co.

Vitamins are organic compounds that are essential for every organism in a small amount for proper growth and development of the body. Lack of these vitamins may led to various vitamins deficiency diseases and disorders such as night blindness, xerophthalmia and keratomalacia. Growing consumer awareness for various vitamins deficiency diseases across the world in turn is expected to boost growth of the global market for vitamins. These vitamins can be classified into two groups, namely water based and fat based. The Public Health Clinical Medicine and Social Policies, across the world are challenging for micronutrient deficiency due to lack of food security, monitoring and education in the developing and underdeveloped region.

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Detailed Segmentation:

Global Vitamins Market, By Source:
Plant
Animal
Others

Global Vitamins Market, By Product Type:
Vitamin A
Vitamin B
Vitamin C
Vitamin D
Vitamin E
Vitamin K

Global Vitamins Market, By End Use Industry:
Food and Beverages
Personal Care
Animal Feed
Pharmaceutical
Others

Vitamins are primarily extracted from two sources, namely, plant and animal sources. The increasing preferences for food supplements to fulfill the required needs, which in turn is expected to boost the market for vitamins. Moreover, milk, yoghurt, cheese are also extracted from animals which are rich in various kind of vitamins. The animal source segment is dominating the global vitamin market in the last five years and is expected to retain the trend during the forecast period. However, the plant source is also gaining traction, due to the change in eating habits and consumer preferences for green vegetables and fruits.

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This report segments the global vitamins market on the basis of source, product types, end use industry and distribution channel. On the basis of source types, the market is segmented as plant and animal source. On the basis of product type, the global vitamins market is segmented into vitamin A, vitamin B, vitamin C, vitamin D, vitamin E and vitamin K. On the basis of end use industry, the global vitamins market is segmented into food & beverages, personal care, animal feed, pharmaceuticals and others. Also, on the basis of distribution channel, the global vitamins market is segmented into, hypermarket, supermarket, mass merchandisers, specialty stores and others.

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