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Future of the Vitamins Market: Strategic Analysis and Forecast to 2034

07-04-2025 07:50 AM CET | Health & Medicine

Press release from: The Business Research Company

Vitamins Market

Vitamins Market

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Vitamins Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for vitamins has been on a steady increase in the past few years. The market, which was valued at $9.58 billion in 2024, is projected to reach $10.47 billion in 2025, with a compound annual growth rate (CAGR) of 9.3%. This historic market growth can be linked to factors such as greater life expectancy and an aging population, advancements in diagnostic methods, rising awareness about nutritional deficiencies, expanding scientific revelations and isolation of vitamins, as well as a surge in health awareness.

Vitamins Market Size Forecast: What's the Projected Valuation by 2029?
The market size for vitamins is projected to experience considerable expansion in the forthcoming years. It is slated to rise to $14.77 billion by 2029, with a compound annual growth rate (CAGR) of 9.0%. This escalation in the prediction period is attributed to factors such as heightened awareness of health, bespoke nutrition, the rise of functional foods and drinks, the broadening of e-commerce avenues, and the fortification of food and beverage products. Notable trends are anticipated during the forecast span, encompassing improved bioavailability technologies, intelligent packaging combined with Internet of Things (IoT) integration, breakthroughs in biotechnology, the spread of online pharmacies, and technologies for the fortification of functional foods.

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What Are the Drivers Transforming the Vitamins Market?
The escalating incidence of lack of vitamins is set to boost the growth trajectory of the vitamins industry in the future. A vitamin deficiency implies a situation where the consumption or absorption of vital vitamins is inadequate. The escalating incidence of vitamin deficiencies can be attributed to poor dietary habits, as a considerable number of individuals consume processed foods lacking essential vitamins and minerals. Vitamins serve to avert and rectify deficiencies by supplying vital nutrients that bolster immunity, energy metabolism, bone strength, and cell repairs, thereby reinstating nutrient equilibrium and thwarting relevant health issues. For example, the National Health Service, a government department based in the UK, reported in January 2025 that there were 2,630 hospital admissions in 2023-24 where the primary diagnosis was B vitamin deficiency (excluding folate), marking an increase of 15% from the preceding year. Therefore, the escalating incidence of vitamin deficiencies is propelling the growth of the vitamins industry.

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What Long-Term Trends Will Define the Future of the Vitamins Market?
Major businesses in the vitamins industry are pivoting towards the production of natural eye vitamins, in response to consumer preferences for natural, plant-derived supplements that aid vision and guard against digital eye strain. Natural eye vitamins are health supplements made from plant or naturally derived ingredients that promote eye health and vision. For example, in April 2022, Wellbeing Nutrition, a wellness product producer based in India, introduced Melts Eye Care to infuse vitamins directly into the bloodstream. This method is more bioavailable and bioactive than conventional capsules and tablets. This product, a world-first, is an all-natural eye vitamin that comes in a rapidly dissolving oral strip. It uses patented nano delivery technology for effective nutrient absorption, and contains clinically proven components like lutein, zeaxanthin, and bilberry extract to support vision, lessen eye strain and shield against blue light. The product is plant-based, devoid of sugar and gluten, non-GMO, and well-suited for modern lifestyles that involve substantial screen exposure.

Which Segments in the Vitamins Market Offer the Most Profit Potential?
The vitamins market covered in this report is segmented -

1) By Type: Vitamin A, Vitamin B, Vitamin C, Vitamin D, Vitamin E, Vitamin K
2) By Source: Natural, Synthetic
3) By Distribution Channel: Hypermarket, Supermarket, Mass Merchandisers, Specialty Stores
4) By Applications: Digestive Health, Immunity, Mental Health, Cosmetics, Performance, Digestive Disorders, Menstrual Health, Pregnancy, Sports And Performance
5) By End Use Industry: Food And Beverages, Personal Care, Animal Feed, Pharmaceuticals

Subsegments:

1) By Vitamin A - Retinol, Beta-Carotene, Retinyl Palmitate, Retinyl Acetate
2) By Vitamin B - Vitamin B1 (Thiamine), Vitamin B2 (Riboflavin), Vitamin B3 (Niacin), Vitamin B5 (Pantothenic Acid), Vitamin B6 (Pyridoxine), Vitamin B7 (Biotin), Vitamin B9 (Folate Or Folic Acid), Vitamin B12 (Cobalamin)
3) By Vitamin C - Ascorbic Acid, Sodium Ascorbate, Calcium Ascorbate, Ascorbyl Palmitate
4) By Vitamin D - Vitamin D2 (Ergocalciferol), Vitamin D3 (Cholecalciferol)
5) By Vitamin E - Tocopherols (Alpha, Beta, Gamma, Delta), Tocotrienols (Alpha, Beta, Gamma, Delta)
6) By Vitamin K - Vitamin K1 (Phylloquinone), Vitamin K2 (Menaquinone), Vitamin K3 (Menadione)

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Which Firms Dominate the Vitamins Market by Market Share and Revenue in 2025?
Major companies operating in the vitamins market are Nestlé S.A., Archer Daniels Midland Company (ADM), Pfizer Inc., BASF SE , Bayer AG, Sanofi S.A., Amway Corporation, Lonza Group AG, Glanbia plc, Herbalife Nutrition Ltd., Bluestar Adisseo Co. Ltd., Pharmavite LLC, Bactolac Pharmaceuticals Inc., Nordic Naturals Inc., Vertellus Holdings LLC, Farbest-Tallman Foods Corporation, Vitablend Nederland B.V. , SternVitamin GmbH, Rabar Pty. Ltd., Zagro Group Ltd.

Which Regions Offer the Highest Growth Potential in the Vitamins Market?
North America was the largest region in the vitamins market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vitamins market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

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Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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