Global Vitamin D3 Market 2024-2028
Vitamin D3 Market 2024-2028
The vitamin D3 market is forecasted to grow by USD 733.8 mn during 2023-2028, accelerating at a CAGR of 6.5% during the forecast period. The report on the vitamin D3 market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing geriatric population, increase in awareness regarding bone and joint, and increasing demand of vitamin D3 from animal feed industry.
Technavio's vitamin D3 market is segmented as below:
By Application
- Functional nutritions
- Pharma
- Others
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the increasing number of infections and autoimmune diseases as one of the prime reasons driving the vitamin D3 market growth during the next few years. Also, rise in preference of fortified food among consumers and usage of vitamin D3in nutricosmetics will lead to sizable demand in the market.
The report on the vitamin D3 market covers the following areas:
- Vitamin D3 Market sizing
- Vitamin D3 Market forecast
- Vitamin D3 Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading vitamin D3 market vendors that include Abbott Laboratories, Amway Corp., Archer Daniels Midland Co., BASF, Cadila Pharmaceuticals Ltd., Dishman Carbogen Amcis Ltd., Divis Laboratories Ltd., Fermenta Biotech Ltd., Genesis Biotec Inc., GlaxoSmithKline PLC, Koninklijke DSM NV, Lycored Corp., Mankind Pharma Ltd., Nestle SA, Thorne HealthTech Inc., Xiamen Kingdomway Group Co., Zhejiang Garden Biochemical Hightech Co. Ltd., Zhejiang Xianju Pharmaceutical Co. Ltd., and Zuventus HealthCare Ltd. Also, the vitamin D3 market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.