The global Vitamin A market worth USD 4.5 Bn by 2032, growing at a CAGR of 5.7%
.jpg
"The Global Vitamin A Market 2022-2032 (USD Billion)")
One of the major factor driving the demand for vitamin A market growth over the forecast period is rising cost of healthcare services is propelling the consumers concerns related to health, thus, increasing the demand for nutritive food. Moreover, these days a lot of bakery products, dairy products and ready-to-eat products are encouraged with vitamins and other nutrient content, in order to increase their recognition among global customers.
Moreover, in order to maintain good health among the populous & avoid the diseases that can occur due to the deficiency vitamin A, countries across the globe are making efforts so as to spread the awareness about the Vitamin rich diet that can enable wellbeing as well as maintain a healthy lifestyle of the people. Furthermore, developing economies such as Bangladesh, India and others that have high rates of mortality, especially of babies and pregnant mothers.
The global vitamin A market across the globe has been segmented by different source, application and geography. Further, application segment of the market is sub-segmented to fortified/functional food & beverages animal feed, pharmaceuticals/dietary supplements and others. Similarly, source segment of the market is bifurcated to animal based foods, fruits & vegetable and others.
The global market is primarily led by North America and Europe acquiring the highest vitamin A market share, owing to the rising demand as well as knowledge for the consumption of vitamin A rich food. Besides, China and India are also witnessing growing demand for such food products that contain higher level of nutrition in spite of being expensive due to the augmented awareness about health benefits of these product.
Some of the key players operating in the global market of vitamin A globally include BASF S.E., DSM N.V., Lycored, Bioextract, Nutralab Canada Ltd., Now Foods, GMP Products INC., Bronson Laboratories and others. Moreover, these companies are aiming over expansion of facilities and product portfolio, owing to the rising demand for vitamin A in their application industry. Furthermore, most of the prominent players are aggressively opting for strategies in developing innovative products, so that they can enhance the quality of their products and services.
Key segments of the global Vitamin A market include:
- Source segment
- Animal based foods
- Fruits & vegetable
- others
- Application Segment
- Fortified/functional food & beverages animal feed
- Pharmaceuticals/dietary supplements
- Others
- Geographical Segment
- North America
- Europe
- Asia-Pacific
- South America
- Middle East and Africa
What to expect from the upcoming report on ‘Global vitamin A market’:
- Analyzes about future prospects as well as Global vitamin A market trends market over the forecast period (2018-2025)
- Information regarding technological progressions as well as innovations taking place in developing as well as developed economies.
- Supportive initiatives by government likely to influence the market dynamics.
- Key drivers influencing market’s growth, opportunities, restraints, sales channels and distributors.
- In-depth analysis of different market segmentations including regional segmentations, application and source.
- Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market.
Frequently Asked Questions (FAQ) :
The application of the vitamin a market Fortified/functional food & beverages animal feed, Pharmaceuticals/dietary supplements and other.
BASF S.E., DSM N.V., Lycored, Bioextract, Nutralab Canada Ltd., Now Foods, GMP Products INC., Bronson Laboratories are a few major players in vitamin a market.
The base year for the report is 2022 in vitamin a market.