Europe Vitamin D Market 2023-2030
MARKET OUTLOOK
Triton Market Research’s report predicts that the vitamin D market in Europe will showcase a compound annual growth rate of 7.28% in value during 2023-2030. Italy, the United Kingdom, Germany, Spain, France, and the Rest of Europe are examined in the given region.
In France, fish and dairy products like cheese, milk, etc., contribute to the intake of vitamin D. Besides this, the rising popularity of meat and its by-products is anticipated to elevate the demand for feed-grade vitamin D3 ingredients. The rapidly growing feed industry creates numerous opportunities for the vitamin D market.
Further, the surging demand for plant-based skincare products has created a demand for vitamin D2 ingredients. Hence, the rising adoption of nutricosmetics opens avenues for the French vitamin D market.
Likewise, the use of vitamin D ingredients has increased substantially in the skincare sector in Italy. This high inclusion is mainly owing to this vitamin’s anti-inflammatory properties that enhance skin texture and treat conditions like dryness and acne. Thus, the widening scope of nutricosmetics drives the vitamin D market on a progressive path.
COMPETITIVE OUTLOOK
The eminent firms in the vitamin D market are Fermenta Biotech Limited, Koninklijke DSM NV, BASF SE, Synthesia a.s, Newgen Pharma, and Vitablend.
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