Press release
Vitamin Supplements Market to Reach USD 86.37 Bn by 2029, emerging at a CAGR of 7.4 percent and forecast 2023-2029
Vitamin Supplements Market
This report provides a detailed analysis of the global Vitamin Supplements Market, outlining market values and the extensive report scope. In addition, it elaborates on the research methodology employed, market drivers, restraints, and regional insights, rendering this report a valuable resource for industry stakeholders.
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Vitamin Supplements Market Research Methodology:
The findings presented in this report are the culmination of a rigorous research methodology that combines secondary research with extensive interviews of industry experts, opinion leaders, procurement officers, and managers. An in-depth analysis of financial data from leading manufacturers further fortifies the report's credibility.
What are Vitamin Supplements Market Dynamics:
The fortification of food and beverages has resulted in a rising demand for vitamin supplements. Packaged and processed goods are more convenient to use, and as a result, consumers prefer them. Food is heavily processed in order to maximize shelf life, flavor, texture, and appearance, resulting in nutrient loss. Vitamins are required to supplement this diet in order to replenish the nutrients lost. Supplements are also available for use as preventative care and to meet the human body's daily Recommended Dietary Allowance (RDA) as it matures. As a result, food companies are increasingly demanding vitamin supplements for their products in order to meet regulatory standards and make label claims, fueling the growth of the vitamin supplements market over the forecast period.
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What is Vitamin Supplements Market Segmentation:
by Type
• Vitamin A
• Vitamin B
• Vitamin C
• Vitamin D
• Vitamin E
• Vitamin K
• Multivitamin
by Form
• Powder
• Tablets
• Capsules
• Softgels
• Others
by Distribution Channel
• Offline
o Hypermarkets/Supermarkets
o Specialty Stores
o Medicals and Pharmacies
o Others
• Online
by End-Users
• Pediatric
• Adults
• Geriatric
• Pregnant Women
• Children and Infants
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Who are Vitamin Supplements Market Key Players:
• Koninklijke DSM NV (Netherlands)
• Glanbia PLC (Ireland)
• ADM (US)
• BASF (Germany)
• Lonza Group (Switzerland)
• Adisseo (France)
• Vitablend Nederland BV (Netherlands)
• SternVitamin GmbH (Germany)
• Farbest-Tallman Foods Corporation (US)
• The Wright Group (US)
• Zhejiang Garden Biochemical High- Tech Co., Ltd (China)
• NewGen Pharma (US)
• Rabar Pty Ltd. (Australia)
• Resonac (Japan)
• BTSA BIOTECNOLOGÍAS APLICADAS SL (Spain)
• Amway Corp (US)
• American Health Formulations (AHF) (US)
• Fullwell LLC. (US)
• Garden of Life, LLC (US)
• HEALTHY LIFE PHARMACEUTICALS PRIVATE LIMITED (India)
• Klean Athlete (US)
• Llama Naturals (US)
• now foods (US)
• nordic naturals (US)
• Olly PBC (US)
• Pharmavite (US)
• RBK Nutraceuticals (Australia)
• The Nature's Bounty Co. (US)
• VITAL PROTEINS, LLC, (US)
• Good Health (India)
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Table of content for the Vitamin Supplements Market includes:
Vitamin Supplements Market : Research Methodology
Vitamin Supplements Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. Vitamin Supplements Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Vitamin Supplements Market Regional Insights:
North America: Dominating the market with the largest market share in terms of both value and volume, North America accounted for a significant portion of the global Vitamin Supplements Market in 2022. The region is expected to maintain its dominance throughout the forecast period, with a CAGR of 7.25%. Factors such as unhealthy dietary habits, a sedentary lifestyle, and a growing elderly population have increased the rate of obesity and lifestyle-related disorders, driving the demand for vitamin supplements.
Asia-Pacific: Projected as the fastest-growing market, the Asia-Pacific region offers substantial growth opportunities for players in the vitamin supplements market during the forecast period. Growing health concerns, an increasing senior population, rising healthcare spending, and a burgeoning number of local players are expected to foster regional market growth. Factors such as improvements in the healthcare system, government subsidies, low labor costs, and easy access to raw materials are additional drivers for the Asia-Pacific market.
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Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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