Vitamin Shots Market Is Predicted To Expand At A CAGR Of 4.9% By 2032

According to Fact.MR, a market research and competitive intelligence provider, the global vitamin shots market is estimated at US$ 577.2 million in 2022 and is expected to expand at a CAGR of 4.9% during the forecast years of 2022-2032. The market is expected to grow mainly due to the remarkable advantages of vitamin shots over pills and capsules.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.factmr.com/connectus/sample?flag=S&rep_id=7591?PS

Vitamin shots are acknowledged as a medication used to treat vitamin deficiencies and related diseases and are being preferred over the injectable or oral route as a mode of delivery. As vitamin deficiency is a major concern among the global population, vitamin shots are the desirable solution for treatment as it has several advantages over pills and capsules. For instance, injectable vitamin shots let the body use 100% of the nutrients as they are administered directly into the bloodstream, while in the case of pills, most of the nutrients are lost during the digestive process. Moreover, the trend of veganism has given rise to vitamin deficiency, which ultimately creates huge demand for vitamin shots.

Manufacturers are trying to widen their applications in the cosmetics industry for the improvement of skin as well as weight loss. As such, rising beauty concerns and the introduction of vitamin shots in the cosmetic industry are anticipated to create an enormous opportunity for manufacturers to proliferate the production capacity of vitamin shots.

𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬 𝐟𝐫𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐮𝐝𝐲

• The global vitamin shots market is projected to expand at a CAGR of 4.9% and reach US$ 934.2 million by 2032.
• The market registered 3.6% CAGR for the period of 2017-2021.
• Under product type, vitamin B dominates the market and reached US$ 216.1 million in 2022.
• North America dominated the market with 31.7% market share in 2021.
• Together, vitamin D and vitamin C are likely to represent 44.6% market share in 2022.
• Based on region, demand for vitamin shots is expected to increase at CAGRs of 4.8% and 4.4%, respectively, in North America and Europe.

"Introduction of vitamin shots in the cosmetic industry is expected to reflect attractive near-term opportunities for market players," says a Fact.MR analyst.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭

Manufacturers of vitamin shots are trying to spread awareness about the advantages of vitamin shots over vitamin supplements. Also, market players are engaged in developing partnerships with healthcare as well as aesthetic professionals to increase their sales.

Industry players are also taking efforts to increase their customer base by focusing on diverse end users as well as regions. Moreover, market participants are focusing on expanding their product offerings by making R&D investments to offer safer versions of vitamin shots.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=7591?PS

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞

Prominent vitamin shots manufacturers are House of Vitalounge, Bratz, Reviv, AdvaCare Pharma, Sriya, Zeon biotech, SKG Caring health, SwisscheM, Pfizer, Empower Pharmacy, Kexing Pharma, American Regent, McGuff Pharmaceuticals Inc.'s, Merck Animal Health, Boca Vitamin, Vitana X, and Bee & You.

Key manufacturers of vitamin shots are focusing on R&D investments to enhance the quality and safety of their products. Market participants are trying to build up relationships with healthcare as well as aesthetic professionals to enhance their consumer base across the world.

Also, market players are focusing on increasing awareness related to vitamin shots to elevate their sales growth.

In February 2021, VitanaX, an international wellness company, enhanced its product line by launching vitamin shot drinks.

In June 2022, BEE & YOU, an expert company in natural bee products, launched a vitamin C injectable shot, which is produced using organic certified bee products.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐕𝐢𝐭𝐚𝐦𝐢𝐧 𝐒𝐡𝐨𝐭𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

By Product Type :

Vitamin A Injection
Vitamin B
Vitamin B12
Vitamin B complex
Vitamin D Injection
Vitamin C Injection
Vitamin K Injection
Vitamin E Injection
Vitamin Mix Injection

By Nature :

Synthetic
Natural

By Delivery Medium :

Injectable Vitamin Shots
Oral Vitamin Shots

By Consumption Type :

Prescribed
OTC
Weight Management
Health and Immunity Booster
Skin and Hair Care
Bone Support

By Region :

North America
Latin America
Europe
East Asia
South Asia & ASEAN
Oceania
MEA

𝐌𝐨𝐫𝐞 𝐕𝐚𝐥𝐮𝐚𝐛𝐥𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐨𝐧 𝐎𝐟𝐟𝐞𝐫

Fact.MR, in its new offering, presents an unbiased analysis of the global vitamin shots market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of product type (vitamin A, vitamin B, vitamin D, vitamin C, vitamin K, vitamin E), nature (synthetic, natural), delivery medium (injectable, oral), and consumption type (prescribed, OTC), across major regions of the world (North America, Latin America, Europe, East Asia, South Asia & ASEAN, Oceania, and the Middle East & Africa).

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About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range - from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories.

This release was published on openPR.