Global Vitamin D Market Growth 2023-2029

Global Vitamin D Market Growth 2023-2029

Vitamin D is a steroid Vitamin; a group of fat-soluble prohormones that help maintain the balance of calcium in the body, important for normal growth and mineralization of bones and teeth. Extensive and ongoing research on Vitamin D has also brought to light new roles of this Vitamin in modulation of cell growth, neuromuscular and immune functions.

There are two commercially used forms of vitamin D, vitamin D2 (ergocalciferol) and vitamin D3 (cholecalciferol). Both forms are used in nutritional supplements, where vitamin D3 prevails, whereas vitamin D2 finds greater use in pharmacies in the area of final dosage forms.

LPI (LP Information)' newest research report, the “Vitamin D Industry Forecast” looks at past sales and reviews total world Vitamin D sales in 2022, providing a comprehensive analysis by region and market sector of projected Vitamin D sales for 2023 through 2029. With Vitamin D sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vitamin D industry.

This Insight Report provides a comprehensive analysis of the global Vitamin D landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Vitamin D portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Vitamin D market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vitamin D and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vitamin D.

The global Vitamin D market size is projected to grow from US$ 145.8 million in 2022 to US$ 333.5 million in 2029; it is expected to grow at a CAGR of 333.5 from 2023 to 2029.

Global Vitamin D key players include Zhejiang Garden Biochemical High-Tech, Zhejiang NHU Company, Kingdomway, Taizhou Hisound Chemical, Royal DSM, etc. Global top five manufacturers hold a share over 80%.

Asia Pacific is the largest market, with a share over 35%, followed by North America and Europe, both have a share over 55%.

In terms of product, Feed Grade is the largest segment, with a share over 75%. And in terms of application, the largest application is Feed, followed by Food, Medicine, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Vitamin D market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Food Grade

Feed Grade

Medical Grade

Segmentation by application

Feed

Medical

Food

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Company one

Zhejiang Garden Biochemical High-Tech

Taizhou Hisound Chemical

Kingdomway

Zhejiang NHU Company

Royal DSM

BASF

Zhejiang Medicine

Fermenta

Key Questions Addressed in this Report

What is the 10-year outlook for the global Vitamin D market?

What factors are driving Vitamin D market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Vitamin D market opportunities vary by end market size?

How does Vitamin D break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.