Press release
Vitamin K Market Growth Accelerates to Reach USD 1443.68 Million by Increasing Awareness for Vitamin and Supplements
Demand Analysis of Vitamin K Market Overview:Vitamin K Market is predicted to grow at a moderate CAGR of 8.1% during the forecast period covering 2022 to 2029. Vitamin K Market share is estimated to reach a value of nearly US$ 1443.68 million by 2029.
The "Vitamin K Market" think about 2022, the industry landscape is secured from driving factors to upstream markets and the by and large state of the market. An in-depth examination of the by and large development prospects for the worldwide and regional market was given which was based on an in-depth investigation of key industry players, essential and secondary information.
Vitamin K market size is predicted to expand significantly as consumer awareness of vitamins and supplements grows. Vitamin K deficiency can cause blood clotting problems in humans, especially in babies. Furthermore, rising birth rates will increase demand for vitamin K1 injectable, which will help protect infants from vitamin K deficiency, which can lead to major health problems like brain damage, cerebral bleeding, and even death in rare situations.
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Vitamin K is essential in the prevention of blood clotting in humans. Vitamin K supplements are given to infants who do not have enough vitamin K in their bodies to prevent blood clotting disorders. Vitamin K supplements are also used to prevent and treat osteoporosis (weak bones), as well as to alleviate itching caused by biliary cirrhosis, a liver illness. Vitamin K2, commonly known as menaquinone, is an orally administered vitamin used to treat osteoporosis and bone loss induced by steroids, as well as to lower total cholesterol levels in dialysis patients. Coagulation disease causes a disruption in the blood clotting system, leading to a variety of chronic disorders include bleeding and thrombosis. Early start of mild to severe bleeding is caused by a rare faulty form of hereditary gamma-carboxylation. Vitamin-K supplements partially correct coagulation factor insufficiency, and hence serve a critical role in the treatment of such chronic illnesses
Industry Developments-
BASF will participate at Health Ingredients Japan (HIJ) 2021 held from October 06 to 08 at the Tokyo Big Sight Exhibition Center, West Hall 1, booth 148. HIJ is a leading platform in Japan for the showcase of functional foods, supplements, and nutraceuticals.
Competitive and Segmentation Analysis-
As well as giving an outline of effective promoting procedures, market contributions, and later improvements of driving companies, the report moreover offers a dashboard diagram of driving companies' past and display execution. A few strategies and analyses are utilized within the inquire about report to supply in-depth and precise data approximately the Vitamin K Market.
Market Growth Reports lists out all the Vitamin K Market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:, Amphastar Pharmaceuticals, BASF, DSM, Kappa Bioscience, Livealth Biopharma, NattoPharma, NOW Foods, Pfizer, Solgar, and others.
Report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.
Key Segments
Vitamin K Market By Type, 2020-2029, (USD Million)
Vitamin K1
Vitamin K2
Vitamin K Market By Application, 2020-2029, (USD Million)
Osteoporosis
VKCFD
VKDB
Dermal Application
Vitamin K Market By Form, 2020-2029, (USD Million)
Oral
Parental
Topical
Detailed Table of Content
Introduction
Research Scope
Market Segmentation
Research Methodology and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Global Market Overview
Key Market Indicators
Emerging Market Trends
Macro and Micro Economic Factors
Production Process Analysis
Industry SWOT Analysis
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Global Vitamin K Market, by Region
North America is expected to hold the largest share of the global vitamin k market. The rising frequency of vitamin K-related disorders such newborn hemorrhage, osteoporosis, arthritis, diabetes, and vascular calcification would have a significant positive impact on the industry's growth. Sedentary lifestyles, bad food consumption, and a lack of exercise will activate the risk factors connected with the diseases indicated above, boosting regional expansion. Menadione and phytonadione consumption is substantially lower in Europe. Vitamin deficiency contributes to postmenopausal bone loss and arterial calcification, particularly in people with chronic renal illness and diabetes. Furthermore, menadione and phytonadione levels drop with age, and their use is helpful to the elderly. Furthermore, it minimizes the risk of fractures caused by low bone mass and is an important nutrient in the treatment of osteoporosis. This scenario is advantageous since it raises demand for injectable and pills, resulting in increased regional growth in the coming years.
North America (U.S., Canada, Mexico)
Europe (U.K., France, Germany, Spain, Italy, Central and Eastern Europe)
Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
Latin America (Brazil, Rest of L.A.)
Middle East and Africa (Turkey, GCC, Rest of Middle East)
Research Methodology-
Secondary research, primary research, subject matter expert assistance, quality check, and final review were the five phases of the research study on the Vitamin K Market. Market statistics and coherent models were used to assess and forecast market data. Market shares and significant trends were also taken into account when preparing the research. Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis, and Vendor Share Analysis are some of the various data models available.
Highlights of Vitamin K Market:
Market Expansion: Comprehensive information on the product portfolios of the top players in the Vitamin K Market Size.
Product Development/Innovation: Detailed insights on the upcoming technologies, R and D activities, and product launches in the market
Evaluation of Competitors: depth assessment of the market strategies, geographic and business segments of the leading players in the market
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Diversification of the Market: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Vitamin K Market.
Reasons to Purchase this Report
The most recent market developments, market shares, and strategies implemented by the major market players
The market segment that is expected to dominate, as well as the market segment with the highest CAGR throughout the forecast period
The current and future state of the global cryogenic equipment industry in developed and emerging markets
Regions/countries expected to have the fastest growth rates at some point during the forecast period
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