Press release
Vitamin D Market Poised for 10.626% % Growth, Set to Hit $29.13 Billion by 2029
What market dynamics are playing a key role in accelerating the growth of the vitamin d market?The increasing cases of osteoporosis among women are set to boost the vitamin D market's expansion. Osteoporosis, an ailment affecting bones due to a decrease in bone mass and mineral density and altered bone structure, is often attributed to deficient calcium and vitamin D levels in the body. This deficiency raises fracture risks, with other causative factors like familial osteoporosis history, a parental history of hip fractures, a lower body mass index (BMI), and the female sex due to their typically smaller, less dense bones. Vitamin D's vital role is expected to become increasingly significant, given it aids the body in calcium and phosphorus absorption from the consumed food and fortifies women's bones post-menopause, in addition to treating diseases causing weak bones. For instance, data from the Canadian Longitudinal Study on Aging presented by the US-based government agency, National Center for Biotechnology Information, in September 2023 showed that the prevalence of osteoporosis diagnosed by physicians was 12.7% and DXA-confirmed cases stood at 5.9% in community-dwelling older women. Moreover, a cross-sectional study by Buttros and team indicated a prevalence rate of 24.6% for osteoporosis among postmenopausal women aged 40 to 75, as diagnosed via bone mineral density (BMD) examinations. Consequently, the surge in osteoporosis cases among women is set to fuel the Vitamin D market's growth.
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How will the growth rate of the vitamin d market shape industry trends by 2034?
The vitamin D market has experienced considerable expansion in the past few years. Its size is projected to increase from $1.64 billion in 2024 to $1.8 billion in 2025, reflecting a compound annual growth rate (CAGR) of 9.8%. The significant growth witnessed in past years can be credited to various factors, including growing public awareness of vitamin D deficiency, the rise in the aging population, increased instances of osteoporosis, the burgeoning functional food market, and the implementation of government policies focusing on the fortification of vitamin D.
There is an anticipation for swift expansion in the vitamin d market in the forthcoming years, with a projected rise to $2.7 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 10.6%. The escalation during the forecast period is primarily due to the increased demand for dietary supplements, focus on preventive healthcare, heightened consumer interest in health and wellness, progressive research on the advantages of vitamin d, and the rise in chronic diseases. Key trends for the predicted period include the enrichment of various food items with vitamin d, the development of vegan sources for vitamin d, tailored nutrition and vitamin d evaluation, the integration of vitamin d into beauty and skincare products, and the online sales of vitamin d supplements.
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What trends are poised to drive the future success of the vitamin d market?
The increasing popularity of the more rapid-acting vitamin D supplement represents a significant trend in the vitamin D market. These fast-acting vitamin D supplements are nutrition sources that more swiftly regulate optimal vitamin D levels than traditional vitamin D. They are innovatively designed and efficient, offering quick treatment for patients suffering from severe vitamin D deficiency, thus hastening their recovery. Major market leaders are intent on supplying these rapid-acting types of supplements to consolidate their market standing. For example, Cadila Pharmaceuticals Ltd., a pharmaceutical firm based in India, introduced an aqueous vitamin D injection in February 2024. The pioneering water-based cholecalciferol formulation offers a speedy solution for vitamin D deficiency. It presents improved pharmacokinetics and pharmacodynamics compared with conventional oil-based versions, along with pain-free administration. This breakthrough addresses the immediate requirement for speedier treatment results and consequently enhances patient adherence to prescribed routines.
Which primary segments of the vitamin d market are driving growth and industry transformations?
The vitamin d market covered in this report is segmented -
1) By Type: Vitamin D3, Vitamin D2
2) By IU Strength: 500,000 IU, 100,000 IU, 40 MIU
3) By Form: Oil, Powder
4) By End User: Adults, Pregnant Women, Children
Subsegments:
1) By Vitamin D3: Cholecalciferol (Natural Source), Synthetic Vitamin D3
2) By Vitamin D2: Ergocalciferol (Natural Source), Synthetic Vitamin D2
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Which geographical regions are pioneering growth in the vitamin d market?
North America was the largest region in the vitmain D market in 2024.The regions covered in the vitamin d market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the influential players reshaping the vitamin d market landscape?
Major companies operating in the vitamin d market include BASF SE, Koninklijke DSM NV, Fermenta Biotech Ltd., Xiamen Kingdomway Vitamin Co. Ltd., Zhejiang Medicine Co. Ltd., Abbott Laboratories, Bayer AG, Bluebonnet Nutrition, Carlson Labs, Country Life LLC, Doctor's Best Inc., Douglas Laboratories, Garden of Life LLC, GlaxoSmithKline plc, Jarrow Formulas, Kirkland Signature, Life Extension, Merck & Co. Inc., Metagenics LLC, Pharmavite LLC, Nature's Bounty Co. Ltd., Nestlé Health Science SA, Pfizer Inc., Protocol for Life Balance Inc., Pure Encapsulations Inc., Sanofi S. A., Source Naturals Inc., Sundown Naturals Inc., Swanson Health Products Inc., Twinlab Consolidated Corporation, Vital Nutrients Company Inc.
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What Is Covered In The Vitamin D Global Market Report?
•Market Size Forecast: Examine the vitamin d market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the vitamin d market for a structured understanding.
•Key Players Overview: Analyze major players in the vitamin d market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the vitamin d market.
•Segment Contributions: Evaluate how different segments drive overall growth in the vitamin d market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the vitamin d market.
•Industry Challenges: Identify potential risks and obstacles affecting the vitamin d market.
•Competitive Landscape: Review strategic developments in the vitamin d market, including expansions, agreements, and new product launches.
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