Press release
Global Vitamin D Ingredients segment is expected to surpass US$ 2,000 million by the end of 2026: Industry Analysis and Opportunity Assessment
ResearchMoz added Latest Research Report titled " Vitamin D Ingredients Market: Vitamin D3 to Outrank Vitamin D2 as the Most Attractive Segment in Value and Volume Terms Throughout the Forecast Period: Global Industry Analysis and Opportunity Assessment, 2016-2026 " to it's Large Report database.Recording the highest CAGR both in terms of value and volume, the Vitamin D3 segment is the undoubted leader in the product type segment
The Vitamin D3 product type segment was estimated to account for more than 70% value share in 2016, while the Vitamin D2 product type segment was estimated to hold close to 30% value share in 2016. This segment is expected to lose more than 600 BPS during 2016 2026 and is expected to account for more than 20% value share by 2026. The Vitamin D3 segment is forecast to be valued at more than US$ 2,000 Mn by the end of 2026, registering a CAGR of 12.0% between 2016 and 2026.
In 2015, the total demand for Vitamin D3 stood at more than 7,000 Tonnes in terms of volume, which is expected to increase to more than 23,000 Tonnes by 2026, recording a CAGR of 11.6% in terms of volume over the period of forecast. In terms of volume consumption, the Vitamin D3 segment accounted for the highest share in 2015 and is expected to remain dominant over the forecast period. In terms of volume growth, the Vitamin D3 product type segment is anticipated to grow 2.99X over the forecast period.
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Increasing cases of diseases caused by Vitamin D deficiency likely to fuel the growth of the Vitamin D3 segment
Diseases such as rickets are growing globally, directing a sharp rise in Vitamin D3 and D2 consumption. Vitamin D3 and D2 is consumed through medicines owing to unavailability of a vaccine for the disease. Now-a-days, Vitamin D deficiency is becoming a common threat due to little exposure to sunlight coupled with poor eating habits. The working class population across the globe spends most of the daytime hours at the workplace, which reduces their vitamin D3 and D2 intake. People living in urban cities are more susceptible to vitamin D3 and D2 deficiency as compared to people living in rural areas. This factor is creating robust development in the Vitamin D3 product type segment.
Consumers prefer Vitamin D drinks due to their cultural preferences for beverages. Demand for Vitamin D3 and D2 based beverages such as the different types of fortified drinks, juices, and water is on the rise owing to the preference factor. Demand for energy drinks and sports drinks is also playing a significant role in boosting revenue growth of the Vitamin D3 segment.
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Table Of Content
1.Global Vitamin D Ingredients Market Executive Summary
2.Assumptions & Acronyms Used
3.Research Methodology
4.Global Vitamin D Ingredients Market Overview
4.1. Introduction
4.1.1. Global Vitamin D Ingredients Market Definition
4.1.2. Global Vitamin D Ingredients Market Taxonomy
4.1.3. Applications Mapping of Vitamin D Ingredients
4.2 Parent Market Overview
4.3. Market Dynamics
4.3.1. Drivers
4.3.1.1. Economic Side Drivers
4.3.1.2. Demand Side Drivers
4.3.1.3. Supply Side Drivers
4.3.2. Restraints
4.3.3. Trends
4.3.4. Opportunities
4.4. PESTEL Analysis
4.5. Porters Five Force Model
4.6. Policies and Regulatory Landscape
4.6.1. U.S.
4.6.2. U.K.
4.6.3. Germany
4.6.4. China
4.6.5. France
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