Press release
Vitamin D Market Poised for Growth, Projected to Hit USD 2.61 Billion by 2032
Vitamin D Market
Vitamin D Market Overview:
The Vitamin D market was driven by the rising health benefits associated with Vitamin D, particularly in bone health, immunity and disease prevention. This is one of the factors responsible for the market's expansion due to the increasing prevalence of vitamin D deficiency and the increased demand for dietary supplements and fortified foods. In addition, the enlargement of food fortification and the rise in research activities studying the role of vitamin D in chronic disease prevention will also stimulate the market expansion.
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Vitamin D Market Outlook and Future Trends:
The market of Vitamin D is expected to grow over the coming period, technological innovations along with the augmenter trend for investing on research and development are some constituent factors considered for the growth and expansion of the market. Changing consumer preferences for vitamin D from plant-based and vegan sources is driving manufacturers to create alternative formulations. In addition, growing nutraceutical and pharmaceutical industries and rising government initiatives to combat vitamin D deficiency are projected to provide opportunities for market players.
Key Recent Developments:
The Vitamin D market has seen several developments, including product development, partnership and regional approvals. Top companies are shifting towards sustainable ways of producing, soft gels, and functional beverages, among others. Food and supplement manufacturers teaming up with healthcare organizations where patient access to products can be improved, will also further accelerate the growth of the market.
Vitamin D Market Segmentation:
by Type
Vitamin D2 Supplements
Vitamin D3 Supplements
by Form
Dry
Liquid
by Application
Food Industry
Pharmaceuticals Industry
Feed Industry
by Distribution Channel
Supermarkets/Hypermarkets
Pharmacies/Health Stores
Online Retailing
Other Distribution Channel
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Some of the current players in the Vitamin D Market are:
1. Koninkljike DSM N.V
2. Zhejiang Garden Biochemical High-Tech Co Ltd
3. Zhejiang Xinhecheng Co Ltd
4. Fermenta Biotech Ltd
5. Xiamen Jindawei Vitamin Co Ltd
6. BASF SE
7. Dishman Group
8. Taizhou Haisheng Pharmaceutical Co Ltd
9. Zhejiang Medicine Co Ltd
10. Glanbia PLC
11. PHW Group
12. Bio-Tech Pharmacal
13. Divi's Nutraceutical
14. Synthesia
15. Hangzhou Think Chemical Co Ltd
16. Sichuan Neijiang Huixin Pharmaceutical Co Ltd.
17. Kingdom Nutrition Inc.
18. McKinley Resources Inc.
19. New Gen Pharma Inc.
20. Taizhou Hisound Pharmaceutical Co Ltd.
21. Pharmavit
22. Tocris Bioscience
23. Lycored
24. Stabicoat Vitamins
25. Spectrum Chemical MFG Corp
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