Global Vitamin Market Growth 2023-2029

Global Vitamin Market Growth 2023-2029

Vitamins are a kind of trace organic substances that humans and animals must obtain from food in order to maintain normal physiological functions. They play an important role in the growth, metabolism and development of the human body. Vitamins neither participate in the formation of human cells nor provide energy for the human body.
LPI (LP Information)' newest research report, the “Vitamin Industry Forecast” looks at past sales and reviews total world Vitamin sales in 2022, providing a comprehensive analysis by region and market sector of projected Vitamin sales for 2023 through 2029. With Vitamin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vitamin industry.
This Insight Report provides a comprehensive analysis of the global Vitamin 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 portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Vitamin market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vitamin 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.
The global Vitamin market size is projected to grow from US$ 5659.4 million in 2022 to US$ 6127.2 million in 2029; it is expected to grow at a CAGR of 6127.2 from 2023 to 2029.
The global production of vitamins is mainly concentrated in China, Europe, North America and India. China and Europe account for more than 80% of the production market. DSM is the world's largest manufacturer, followed by CSPC, with the two accounting for more than 25% of the market. There are many types of vitamins such as vitamin A, vitamin B3, and vitamin B5, which can be mainly used in feed additives, food and beverages, medicines and cosmetics.
This report presents a comprehensive overview, market shares, and growth opportunities of Vitamin market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Vitamin A
Vitamin B3
Vitamin B5
Vitamin D3
Vitamin E
Vitamin C
Others
Segmentation by application
Feed Additives
Medicines and Cosmetics
Food and Beverages
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.
DSM
Lonza
CSPC
BASF
ZHEJIANG MEDICINE
LUWEI PHARMACY
NORTHEAST PHARM
North China Pharmaceutical
NHU
JUBILANT
Vertellus
Brother
ADISSEO
GARDEN BIOCHEMICAL HIGH-TECH
KINGDOMWAY

Key Questions Addressed in this Report
What is the 10-year outlook for the global Vitamin market?
What factors are driving Vitamin market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Vitamin market opportunities vary by end market size?
How does Vitamin 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.