Press release
Vitamin Ingredients Market To Cross US$ 5.8 Billion by 2028
Vitamin Ingredients Market
IMARC Group's latest report, titled "Vitamin Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", the global vitamin ingredients market size reached US$ 4.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.8 Billion by 2028, exhibiting a growth rate (CAGR) of 5.5% during 2023-2028.
What is Vitamin Ingredients and Uses ? :
Vitamin ingredients are organic compounds essential for maintaining good health and preventing diseases. They are found in various natural sources, including fruits, vegetables, and animal products, and are also available as dietary supplements. The body needs thirteen essential vitamins, including vitamin A, B-complex vitamins, vitamin C, vitamin D, vitamin E, and vitamin K. They are commonly used in the food and beverage industry to fortify products with essential nutrients. They are also used in the cosmetic and personal care industry to improve skin, hair, and nail health and appearance.
Request Free Sample Report (Exclusive Offer on this report): https://www.imarcgroup.com/vitamin-ingredients-market/requestsample
Who are the key Players Operating in the Industry ? :
The competitive landscape of the industry has also been examined along with the profiles of the key players being,
• Abbott Laboratories
• Archer Daniels Midland Company
• BASF SA
• Bluestar Adisseo Company
• Btsa Biotecnologías Aplicadas S.L
• Farbest-Tallman Foods Corp
• Glanbia Plc
• Koninklijke DSM N.V
• Lonza Group
• Nestlé S.A
• Pfizer Inc
• Rabar Pty Ltd
• The Wright Group
What are the Growth Prospects and Trends in the Vitamin Ingredients Market ? :
The global market is majorly driven by the increasing demand for dietary supplements. In line with this, the rising awareness about the importance of maintaining a healthy diet and preventing nutrient deficiencies is significantly contributing to the market. Furthermore, the growing demand for fortified foods and beverages is positively influencing the market. Apart from this, the escalating popularity of vegan and vegetarian diets is catalyzing the market.
Moreover, stringent regulations on food and supplement labeling and health claims are accelerating the demand for high-quality, standardized vitamin ingredients. Besides, the increasing demand for natural and organic vitamin ingredients free from synthetic additives and chemicals offers numerous opportunities for the market. Additionally, the rising utilization of vitamin ingredients in the personal care and cosmetic industry to promote healthy skin and hair is providing a boost to the market.
Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/vitamin-ingredients-market
Key Market Segmentation:
Breakup by Type:
• Vitamin A
• Vitamin B
• Vitamin C
• Vitamin D
• Vitamin E
• Vitamin K
Breakup by Form:
• Tablets and Capsules
• Powder
• Others
Breakup by Source:
• Natural
• Synthetic
Breakup by Application:
• Pharmaceuticals
• Foods and Beverages
• Personal Care Products
• Animal Feed
• Others
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
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Contact us:
IMARC Group
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Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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