Vitamin D Market Global Forecast to 2030

Meticulous Research Projects Hearing Vitamin D Market $2.43 Billion by 2030 pen_spark J

Vitamin D Market 2024-2030 Global Vitamin D Market Analysis and Forecast Meticulous Research , a leading global market research company, has published an insightful report titled Vitamin D Market by Analog (Vitamin D3, Vitamin D2), Source (Plant-sourced, Animal-sourced), Form (Dry, Liquid), Application (Pharmaceuticals, Food & Beverages, Feed & Pet Food, Personal Care) Global Forecast to 2030. This report provides a comprehensive examination of the current landscape and future projections for the vitamin D market. Download Free Sample Report Here : https://www.meticulousresearch.com/download-sample- report/cp_id=5441 Market Overview According to the latest research from Meticulous Research , the vitamin D market is projected to reach $2.43 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.1% from 2024 to 2030. The market s expansion is fueled by several key factors: Increasing Demand for Food Fortification: The rising need for vitamin enrichment in food & beverages, alongside the fortification of feed & pet food, pharmaceuticals, and personal care products, drives demand for vitamin D. Growing Health Awareness: With an increased focus on health and wellness, consumers are becoming more aware of the importance of vitamins, particularly vitamin D, in maintaining overall health. Prevalence of Vitamin D Deficiency: The alarming rates of vitamin D deficiency worldwide highlight the urgent need for supplementation, further propelling market growth. Rising Demand for Dietary Supplements: There is a significant increase in the consumption of dietary supplements, including vitamin D, as more consumers turn to these products to meet their nutritional needs. Despite these growth drivers, the market faces challenges, notably stringent regulations governing the fortification of food and feed products, which may impede overall market expansion. Market Segmentation By Analog In 2024, the vitamin D3 segment is expected to capture the largest share of the vitamin D market. This growth can be attributed to the increasing awareness of its numerous applications, especially in treating bone-related disorders such as rheumatoid arthritis and other chronic conditions. The effective results of vitamin D3 in improving overall health and immunity also contribute to its popularity. By Source The plant-sourced segment is projected to exhibit the fastest growth rate from 2024 to 2030. This is driven by a growing preference among consumers for plant-based products, a rise in the vegan population, and increasing intolerance to animal-derived ingredients. The easy availability of raw materials and comparatively lower production costs further support this segment s growth. By Form Page 1 of 3 Meticulous Research| sales@meticulousresearch.com

Vitamin D Market 2024-2030 In 2024, the dry form of vitamin D is anticipated to dominate the market. This preference is largely due to its advantages, including stability, high shelf life, and ease of handling, transportation, and storage. Additionally, the demand for vitamin D in powder and capsule forms is rising, as these formats offer high solubility and convenience for consumers. By Application The food and beverages segment is expected to record the highest CAGR during the forecast period. This growth is propelled by the increasing consumer demand for fortified foods, heightened awareness regarding the health benefits of vitamin D, and the broader trend toward health and wellness. As consumers become more health-conscious, the demand for vitamin-fortified products is likely to rise, further benefiting this segment. Geographic Review The report also analyzes major geographies, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific is expected to hold the largest share of the vitamin D market in 2024. This large market share can be attributed to several factors: Presence of Key Manufacturers: The region houses numerous key manufacturers, enhancing supply chain efficiency. Availability of Raw Materials: The easy availability of raw materials necessary for vitamin D production supports the growth of the market. Rising Demand for Functional Food Ingredients: There is an increasing demand for functional ingredients in food products, leading to a higher requirement for vitamins, including vitamin D. High Prevalence of Chronic Disorders: A notable rise in patients suffering from chronic conditions like osteoporosis and rickets, as well as vitamin D deficiency, drives demand for supplementation. For instance, Malaysia presents a significant case of vitamin D deficiency, which is linked to the high prevalence of non-communicable diseases in the country. According to Malaysia s National Health Survey, the prevalence of diabetes mellitus is rapidly increasing, affecting more than 18% of the population, emphasizing the need for effective vitamin D supplementation. Key Players The competitive landscape of the vitamin D market is characterized by several prominent players, including: BASF SE (Germany) Dishman Carbogen Amcis Ltd (India) Divi s Laboratories Ltd. (India) Fermenta Biotech Limited (India) Koninklijke DSM N.V. (Netherlands) Lycored Corp. (Israel) NewGen Pharma Inc. (U.S.) Synthesia a.s. (Czech Republic) Taizhou Hisound Pharmaceutical Co., Ltd. (China) Zhejiang Garden Biochemical High-tech Co., LTD (China) Zhejiang Medicine Co., Ltd. (China) Page 2 of 3 Meticulous Research| sales@meticulousresearch.com

Vitamin D Market 2024-2030 These companies are actively engaged in research and development, aiming to innovate and expand their product offerings in response to the growing market demand. Read Full Report:- https://www.meticulousresearch.com/product/vitamin-d-market-5441 Conclusion The vitamin D market is poised for substantial growth in the coming years, driven by increasing health awareness, the demand for fortified products, and the need to address vitamin D deficiency globally. With key players actively contributing to the market dynamics, the outlook for the vitamin D market remains positive as the focus on health and nutrition continues to gain traction across various demographics. About Meticulous Research Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact Us: Meticulous Research Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 3 of 3 Meticulous Research| sales@meticulousresearch.com