Global Vitamins Market is expected to grow at a CAGR of 7.8% during the forecast period of 2022 to 2029

Data Bridge Market Research analyses that the vitamins market was valued at USD 6.55 billion in 2021 and is further estimated to reach USD 11.94 billion by 2029, and is expected to grow at a CAGR of 7.8% during the forecast period of 2022 to 2029.

Market Overview

Vitamins are a group of substances that are needed for normal cell growth, function, and development. They are essential nutrients and chemical molecules that an organism need in insufficient quantities. Vitamins are therefore mostly used as components and supplements in a variety of businesses.

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Vitamins Market Regional Analysis/Insights

The vitamins market is analysed and market size insights and trends are provided by country, type, application, source and distribution channel as referenced above.

The countries covered in the vitamins market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the vitamins market due to the increase in the use of products with high nutritional value and low-calorie content. Furthermore, rise in the awareness related to the consumption of supplement products will further boost the growth of the vitamins market in the region during the forecast period.
Asia-Pacific is projected to observe significant amount of growth in the vitamins market due to the increase in the high attention for the vitamins.

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