“A compelling Natural Vitamins Market report offers insights into the fluctuation of the CAGR (Compound Annual Growth Rate) during the forecast period spanning . This comprehensive market report encompasses a multitude of factors that exert influence on the market. It includes industry insights, critical success factors (CSFs), market segmentation, and value chain analysis, along with industry dynamics, drivers, restraints, key opportunities, technology and application outlook, country-level and regional analysis, competitive landscape, company market share analysis, and key company profiles. Utilizing a specific base year and historical data, the report conducts estimations and calculations of paramount importance. The Natural Vitamins Market report serves as a valuable resource, offering current and forthcoming technical and financial details pertaining to the industry up to the year.
In formulating this successful Natural Vitamins Market report, a SWOT analysis has been conducted, complemented by a series of standard research, analysis, and data collection steps. The report is developed through a structured process summarized as follows:
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Over the years, the health and wellness industry has become a dominant lifestyle value among consumers, profoundly changing consumer behavior toward naturally sourced micronutrients. Natural vitamins are gaining popularity in various end-user industries, including cosmetics, dietary supplements, functional food and beverage, and others, due to their multi-functionality and ongoing clean-label trend.
Data Bridge Market Research analyses that the natural vitamins market was valued at USD 9063.21 million in 2022 and is expected to reach the value of USD 15794.30 million by 2030, at a CAGR of 6.4% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
REPORT METRIC | DETAILS |
Forecast Period | 2023 to 2030 |
Base Year | 2022 |
Historic Years | 2021 (Customizable to 2014-2020) |
Quantitative Units | Revenue in USD Millions, Volumes in Units, Pricing in USD |
Segments Covered | By Ingredient Type (Vitamin B, Vitamin E, Vitamin D, Vitamin C, Vitamin A, and Vitamin K), Form (Powder, Liquid), Application (Food and Beverages, Feed, Personal Care Products, and Others), Distribution Channel (Online and Offline) |
Countries Covered | U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Brazil, Argentina, rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, rest of Middle East and Africa |
Market Players Covered | BASF SE (Germany), DSM (Netherlands), ADM (U.S.), SternVitamin GmbH & Co. K.G. (Germany), Glanbia plc (U.S.), Lonza (Switzerland), Vitablend Nederland B.V. (Netherlands), Zagro (Singapore), Wright Enrichment Inc. (U.S.), Adisseo (China), Showa Denko K.K. (Japan), Farbest Brands (U.S.), Jubilant Life Sciences Ltd. (India), Vertellus Holdings LLC (U.S.) |
Market Opportunities |
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Market Definition
Vitamins are essential nutrients for the human body’s development and function and for a healthy metabolism. Vitamin deficiency in the human body can lead to severe health problems. However, resupply of these nutrients can alleviate symptoms of deficiency. Vitamins A, B, C, D, E, and K are well-known. Thiamine (B1), riboflavin (B2), niacin (B3), pantothenic acid (B5), pyridoxal (B6), cobalamin (B12), biotin, and folate/folic acid are the other well-known types of vitamin B.
Drivers
Growing demand from the various end-user industries
Vitamins have found use in various industries, including food and beverages, animal feed, personal care, and pharmaceuticals and nutraceuticals. Vitamin is a carbon-containing nutrient necessary for human and animal bodies. vitamin A, vitamin B1, vitamin B2, vitamin B3, vitamin B5, vitamin B6, vitamin B7, vitamin B9, vitamin B12, vitamin C, Vitamin D, vitamin E, and Vitamin K are among the 13 types of vitamins used in end-use industries. Vitamins B are used in a broader range of food and beverage applications, contribute significantly to disease prevention, and are a significant driver of the natural vitamins market’s growth.
Growing health awareness, and the high prevalence of vitamin deficiency
Globally, the number of health-conscious people is growing. Obesity, malnutrition, a weakened immune system, and other health issues are also rising. Furthermore, the prevalence of vitamin deficiency is increasing due to unscheduled mealtimes, hectic lifestyles, and nutritional loss during food processing. As a result of these factors, people are focusing on getting enough vitamins into their bodies to boost their immunity.
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The natural vitamins market is segmented on the basis of ingredient type, form, application, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Ingredient type
Form
Application
Distribution channel
Key Benefits of the Report:
What insights readers can gather from the Natural Vitamins Market report?
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