What's driving the Vitamin Ingredients Market trends? Key Company Profiled The Kraft Heinz Company, Fermenta Biotech Limited, Nestle, Lonza, Pfizer, Abbott Laboratories
|Pressemitteilung von: Global Market Insights, Inc.|
(openPR) - Vitamin Ingredients Market for Food & Personal Care Applications is poised to exceed USD 7 billion by 2024. Growing demand for organic supplements, primarily among the geriatric population may stimulate vitamin ingredients market for food & personal care applications. They offer greater benefits than synthetic supplements owing to the presence of chemical ingredients. Moreover, the synthetic form of various vitamins such as A and K are associated with several adverse health effects on overconsumption which include liver damage. These side effects are more pronounced in the elderly which have compromised immune systems. Natural products contain easily digestible nutrients when compared to synthetic products which contain byproducts that are harder to digest, thereby accelerating growth of vitamin ingredients market for food & personal care applications.|
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Vitamin B12 market from nutraceuticals may surpass USD 50 million by 2024. Improved sports performance along with tackling muscle wastage and joint health maintenance for the elderly may boost vitamin ingredients market for food & personal care applications. They are increasingly being used in various nutraceuticals such as fortified breakfast cereals, juices, soy milk and pasta which provide additional nutrients compared to their forms thereby stimulating vitamin ingredients market for food & personal care applications.
These products are micronutrients essential for optimal body health and defense from several illnesses including night blindness and rickets. Various nutraceutical capsules are based on two stage or dual release technology which comprise of multiple layers of fat-soluble and water soluble products which improve vitamin bioavailability in the body. Several products such as B and C are water soluble which are not produced in adequate quantities by the body thereby leading to serious deficiencies, thus requiring dietary intake and stimulating the vitamin market growth.
Germany vitamin B3 market size from nutraceutical applications shall surpass USD 1.7 million by the end of projected timeframe. These products play an important role in cholesterol management along with providing safety and efficacy. Rising involvement of consumers towards physical health & fitness along with requirement of appropriate diets thereby enhancing healthy metabolism is expected to positively enhance vitamin ingredients market for food & personal care applications.
China vitamin K market share from food applications may expect substantial gains at over 3% over the forecast period. Inefficient intake of these products is highly related to development of osteoporosis creating serious health issues and weak bones. Presence of large population, improving logistics sector along with rising food safety concerns may foster the regional growth of vitamin ingredients market for food & personal care applications.
High adoption of synthetic production techniques which require coal tar derivatives and petroleum based raw materials leads to pollution. Rising number of environmental regulations to curb pollution may hinder growth of vitamin ingredients market for food & personal care applications. Moreover, increasing efforts by regulatory bodies to prevent misleading claims on nutritional labels along with regulations to prevent toxicity may further stimulate vitamin ingredients market for food & personal care applications.
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Carotec Inc, Danone,Synthesia, a.s., The Kraft Heinz Company, Fermenta Biotech Limited, Nestle, Lonza, Pfizer, Abbott Laboratories, Archer Daniels Midland Company are some of the prominent manufacturers in vitamin ingredients market for food & personal care applications. Several manufacturers are focusing on strategic mergers & acquisitions to strengthen market position and achieve market expansion. Moreover, some companies have adopted innovative approaches thereby achieving product development, expansion of product portfolio and growth in vitamin ingredients market for food & personal care applications.
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