Global Vitamin D Ingredients Market (2023 Edition)

Global Vitamin D Ingredients Market (2023 Edition): Analysis By Product Type (Vitamin D2, Vitamin D3), By Source, By Application, By Region, By Country: Market Insights and Forecast (2019-2029)

Executive Summary

Azoth Analytics has released a research report titled “Global Vitamin D Ingredients Market (2023 Edition)” which provides a complete analysis of the Global Vitamin D Ingredients industry in terms of market segmentation By Source (Fruits and Vegetables, Animals, Fish, and Milk), By Product Type (Vitamin D2, and Vitamin D3), By Application (Pharmaceutical, Animal Health, Food and Beverages, Personal care, and Other Applications) for the historical period of 2019-2022, the estimates of 2023 and the forecast period of 2024-2029.

The Global Vitamin D Ingredients market was valued at USD 1426.2 Million in 2022 which is expected to reach USD 2444.52 Million in 2029. Vitamin D supplements typically contain one or more of the following ingredients: Vitamin D3 (Cholecalciferol) and Vitamin D2 (Ergocalciferol). Vitamin D3, also known as cholecalciferol, is the active form of Vitamin D that is naturally synthesized in the human skin when exposed to sunlight. It can also be acquired from dietary sources like fatty fish and egg yolks. Vitamin D2, or ergocalciferol, is a plant-derived form of Vitamin D obtained through the ultraviolet irradiation of yeast or fungi. Both forms of Vitamin D are converted in the liver and kidneys to their biologically active form, which plays a crucial role in calcium absorption, bone health, and immune function. Vitamin D supplements often contain either Vitamin D3 or a combination of both Vitamin D3 and Vitamin D2 to ensure adequate levels of this essential nutrient.

The Global Vitamin D Ingredients Market is expected to grow in the forecast period and register a market value of USD 2444.52 Million in 2029 at a CAGR of 8.2% during the forecast period. Vitamin D plays a crucial role in various physiological processes, including calcium absorption, bone health, immune system regulation, and cell growth and differentiation. To ensure adequate intake of Vitamin D, especially for individuals with limited sun exposure or specific dietary restrictions, Vitamin D supplements and fortified foods are formulated with either Vitamin D3, Vitamin D2, or a combination of both.

Moreover, many food and beverage manufacturers are fortifying their products with Vitamin D to enhance their nutritional profiles. This trend is particularly observed in dairy products, cereals, and beverages. Fortified foods serve as a convenient source of Vitamin D intake, especially for individuals with dietary restrictions or limited access to sunlight.

Additionally, vitamin D has been associated with numerous health benefits beyond bone health, including immune function, mood regulation, cardiovascular health, and reducing the risk of certain diseases. As a result, there is a growing demand for Vitamin D supplements and fortified foods that provide a convenient way to increase Vitamin D intake.

Scope of the Report

• The report analyses the Vitamin D Ingredients Market by Value (USD Million).
• The report presents the analysis of the Vitamin D Ingredients Market for the historical period of 2019-2022, the estimated year 2023 and the forecast period of 2024-2029.
• The report analyses the Vitamin D Ingredients Market By Source (Fruits and Vegetables, Animals, Fish, and Milk).
• The report analyses the Vitamin D Ingredients Market By Product Type (Vitamin D2, and Vitamin D3).
• The report analyses the Vitamin D Ingredients Market By Application (Pharmaceutical, Animal Health, Food and Beverages, Personal care, and Other Applications).
• The key insights of the report have been presented through the frameworks of SWOT and Porter’s Five Forces Analysis. Also, the attractiveness of the market has been presented by region, By Types, by mode of operation & by end users.
• Also, the major opportunities, trends, drivers and challenges of the industry have been analyzed in the report.
• The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include of are BASF SE, Koninkljike DSM, Synthesia, Phw Group, Pharmavit, Fermenta Biotech Ltd, Stabicoat Vitamins, Bio-Tech Pharmacal, Zhejiang Xinhecheng Co. Ltd., Farbest-Tallman Foods Corp.