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Vitamin Deficiency Treatment Market

03-23-2017 02:09 PM CET | Health & Medicine

Press release from: Persistence Market Research Pvt. Ltd

Undernourishment in the underdeveloped countries is the major driver of growth of global vitamin deficiency treatment market. High incidence of anemia, paraesthesia and other hypovitaminosis are the other major factors contributing to hike in global vitamin deficiency treatment market. Vitamin supplements are also used as an adjunct therapy in many disorders including alopecia, depression, ulcers etc., high prevalence of which can propel the growth of global vitamin deficiency treatment market. Unavailability of treatment opportunities in the underdeveloped countries can be the factor which can hamper growth of global vitamin deficiency treatment market.

The global vitamin deficiency treatment market has been segmented on the basis of product type, retail sales channels and geography.

The global vitamin deficiency treatment market is highly fragmented with large number of local as well as strong players. The market for OTC multivitamin therapies is highly valued owing to the most frequent and easy mode of therapy to treat vitamin deficiency. Low government regulations, affordability of raw materials, rising health awareness are the factors responsible to drive the growth of global vitamin deficiency treatment market over the forecast period from 2016-2026.

Geographically, the global vitamin deficiency treatment market is segmented into five key regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America will continue to hold largest share in the global vitamin deficiency treatment market due to increasing health consciousness. APAC and MEA are expected to experience rapid growth during the forecast period due to emergence of new small players providing cost-effective therapies. Increasing per capita GDP in several countries like Africa, Brazil may translate into high growth rate for the vitamin deficiency treatment market in the region.

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Some of the major players in the global vitamin deficiency treatment market include Merck & Co., Inc., Nature's Bounty, Inc., Sun Pharmaceutical Industries Ltd., Pfizer, Sandoz, Cipla Inc., Mankind Pharma, F. Hoffmann-La Roche Ltd. and many more. Herbal vitamin therapy manufacturers include Himalaya Herbal Healthcare, Dabur International Limited, DF Pharmacy Limited, Pharmavite LLC and others.

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About Us
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated re-search, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Con-sumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s en-gagement models are highly flexible without compromising on its deep-seated research values.

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