Global Vitamin D Ingredients Market is Likely to Grow at a CAGR Value of 5.80% by 2028

The global vitamin D ingredients market size was worth around USD 1,403.50 million in 2021 and is estimated to grow to about USD 1,968.45 million by 2028, with a compound annual growth rate (CAGR) of approximately 5.80 percent over the forecast period. The report analyzes the vitamin D ingredients’ drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the vitamin D ingredients market.

Vitamin D is a nutrient produced by the body when the skin is exposed to direct sunlight. Vitamin D is also available but does not occur naturally in many foods. Oily fish and certain types of mushrooms contain large amounts of vitamin D. Vitamin D3 and Vitamin D2 are two types of vitamin D components. Adults, pregnant women, and children are end users of vitamin D ingredients. Pharmaceuticals, foods & beverages, cosmetics, and animal feeds use vitamin D ingredients. Vitamin D deficiency is becoming more and more common, resulting in increased demand for vitamin D components and a surge in the vitamin D component market. The growing demand for vitamin D components in products is a major driver that can drive the global vitamin D component market to new heights during the forecast period. It helps the body's calcium metabolism and bone mineralization. Also, the benefits of regular vitamin D ingredients boost the global market.

The global vitamin D component market benefits from favorable regulatory guidelines for trading vitamin D components, allowing vitamin D manufacturers to sell their products with fewer restrictions. Pharmaceutical companies benefit greatly from these because they can easily sell products that contain vitamin D ingredients. In addition, increasing regulatory efforts to promote the benefits associated with the use of vitamin D products are driving the global vitamin D component market. As a result, there is an increasing need for vitamin D ingredients in many food applications.

The global vitamin D ingredients market is segregated based on product type, source, application, form, and region. By product type, the market is divided into Vitamin D2 and Vitamin D3. Among these, the vitamin D2 segment will dominate the market during the forecast period. By source, the market is classified into eggs, milk, fish, fruits, plant, vegetables, animals, and others (fungi, microalgae, yeast, plants, etc.) Over the forecast period, the plant and vegetable segment is expected to develop at the fastest rate. Based on application, the market is classified into beverages, food, cosmetics, pharmaceuticals, pet food & animal feed, and others. The pharmaceuticals segment dominates the market. By form, the market is divided into resin, powder, and liquid. Over the forecast period, the powder segment is expected to develop at the fastest rate. Manufacturers favor the powder form of vitamin D because it is more stable, easier to handle & store, and can be used in a wide range of products. The majority of vitamin D on the market is synthetic. Vitamins D2 and D3 are primarily found as white crystals with limited solubility in vegetable oil. When compared to vitamin D2, the vitamin D3 counterpart is more stable.

North America is expected to occupy a significant share of the global vitamin D ingredients market due to an increase in human vitamin D deficiency. In addition, vitamin D deficiency is common in children, the elderly, and women in Asian countries. Therefore, the demand for vitamin D components is expected to increase for the time being.

The growing urban population and vitamin supplement market in the Asia Pacific region is expected to grow at the highest CAGR during coming period. The growing economies of the Asia-Pacific region, especially China and India, are actively looking for a healthy diet, including vitamin supplements to meet nutritional needs. Due to the growing urban population and rising disposable income, the Asia Pacific region is considered one of the best CAGR markets for vitamin supplements.

Key players functioning in the global vitamin D ingredients market include Synthesia, Koninkljike DSM N.V, BASF Se, Fermenta Biotech Ltd, PHW Group, Bio-Tech Pharmacal, McKinley Resources Inc, Zhejiang Xinhecheng Co Ltd, Taizhou Hisound Pharmaceutical Co Ltd, Stabicoat Vitamins, and others.

Recent developments:

• In January 2019, Zhejiang Xinhecheng Co., Ltd. and DSM signed an agreement to purchase and sell cholesterol. Cholesterol is used to produce vitamin D3. This agreement would help the company to increase its overall capacity and productivity of Vitamin D.
• In January 2019, Fermenta Biotech Limited (India) achieved a 99-12 months hire settlement to accumulate land of approximately 40,000-square-meter from the Gujarat Industrial Development Corporation (GIDC) authority Ankleshwar, Sayaka, for destiny expansion. The organization's objective is to begin production with the aid of using the cease of 2020.

Browse the full “Vitamin D Ingredients Market By Product Type (Vitamin D2, Vitamin D3), By Source (Eggs, Milk, Fish, Fruits, Plant, Vegetables, Animals, And Others (Fungi, Microalgae, Yeast, Plants, Etc.)), By Application (Beverages, Food, Cosmetics, Pharmaceuticals, Pet Food & Animal Feed, And Others), By Form (Resin, Powder, And Liquid), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data And Forecasts 2022 – 2028.” Report at https://www.zionmarketresearch.com/report/vitamin-d-ingredients-market

Global vitamin D ingredients market is segmented as follows:

By Product Type:

• Vitamin D2
• Vitamin D3

By Source:

• Eggs
• Milk
• Fish
• Fruits, Plant, and Vegetables
• Animals
• Others (Fungi, Microalgae, Yeast, Plants, etc.)

By Application:

• Beverages
• Food
• Cosmetics
• Pharmaceuticals
• Pet Food & Animal Feed
• Others

By Form:

• Resin
• Powder
• Liquid

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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