Vitamins - Global Market Outlook (2020-2028)
According to Stratistics MRC, the Global Vitamins Market is accounted for $5.99 billion in 2020 and is expected to reach $12.20 billion by 2028 growing at a CAGR of 9.3% during the forecast period. Growth in demand for functional and nutritionally enriched processed food products, feed fortification due to rise in global meat & dairy product consumption and prevalence of vitamin deficiencies are driving the market growth. However, constrained supply of raw materials for natural vitamins coupled with high costs are hampering the growth of the market.
Vitamins are organic chemical compounds and an important nutrient for the working of metabolism in the human body that an organism demands in small amounts. Vitamins cannot be produced in the body, but it can be absorbed by supplements or food. Deficiencies and illnesses such as xerophthalmia, scurvy, and night blindness can lead in insufficient intake of vitamins. Intake of vitamins can keep the body in total control and healthy.
Based on the product, the vitamin B segment is going to have lucrative growth during the forecast period owing to factors like age, pregnancy, dietary choices, medical conditions, genetics, medication and alcohol use which increase the body’s demand for B vitamins.
By geography, Asia Pacific is going to have high growth during the forecast period due to the high focus of the market for vitamins in Asia Pacific is experiencing growth due to its growing application in the feed industry along with the rise in incomes, increase in purchasing power, and significant consumer demand for nutritional & healthy products.
Some of the key players profiled in the Vitamins Market include Unilever Group, The Procter & Gamble Co., Sanofi, Pfizer Inc., Nestlé SA, Lonza Group Ltd., DSM, Bluestar Adisseo Co. Ltd., BASF SE and Archer Daniels Midland Co..
Types Covered:
• Water Soluble
• Fat Soluble
Sources Covered:
• Animal
• Natural
• Plant
• Synthetic
Products Covered:
• Vitamin B
• Vitamin E
• Vitamin D
• Vitamin C
• Vitamin A
• Vitamin K
• Multivitamin
Applications Covered:
• Healthcare Products
• Food & Beverages
• Animal Feed
• Pharmaceuticals/Dietary Supplements
• Personal Care
• Cosmetics
Distribution Channels Covered:
• Online Retail
• Offline Retail
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Vitamins Market, By Type
5.1 Introduction
5.2 Water Soluble
5.3 Fat Soluble
6 Global Vitamins Market, By Source
6.1 Introduction
6.2 Animal
6.3 Natural
6.4 Plant
6.5 Synthetic
7 Global Vitamins Market, By Product
7.1 Introduction
7.2 Vitamin B
7.2.1 Vitamin B1
7.2.2 Vitamin B2
7.2.3 Vitamin B3
7.2.4 Vitamin B5
7.2.5 Vitamin B6
7.2.6 Vitamin B7
7.2.7 Vitamin B12
7.3 Vitamin E
7.4 Vitamin D
7.5 Vitamin C
7.6 Vitamin A
7.7 Vitamin K
7.8 Multivitamin
8 Global Vitamins Market, By Application
8.1 Introduction
8.2 Healthcare Products
8.3 Food & Beverages
8.3.1 Infant Food
8.3.2 Dairy Products
8.3.3 Bakery & Confectionery Products
8.3.4 Beverages
8.3.5 Other Food & Bevarages
8.3.5.1 Snacks
8.3.5.2 Breakfast Cereals
8.3.5.3 Flours
8.4 Animal Feed
8.5 Pharmaceuticals/Dietary Supplements
8.6 Personal Care
8.7 Cosmetics
9 Global Vitamins Market, By Distribution Channel
9.1 Introduction
9.2 Online Retail
9.3 Offline Retail
9.3.1 Hypermarket
9.3.2 Mass Merchandisers
9.3.3 Specialty Stores
9.3.4 Supermarket
10 Global Vitamins Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Unilever Group
12.2 The Procter & Gamble Co.
12.3 Sanofi
12.4 Pfizer Inc.
12.5 Nestlé SA
12.6 Lonza Group Ltd.
12.7 DSM
12.8 Bluestar Adisseo Co. Ltd.
12.9 BASF SE
12.10 Archer Daniels Midland Co.
List of Tables
1 Global Vitamins Market Outlook, By Region (2019-2028) ($MN)
2 Global Vitamins Market Outlook, By Type (2019-2028) ($MN)
3 Global Vitamins Market Outlook, By Water Soluble (2019-2028) ($MN)
4 Global Vitamins Market Outlook, By Fat Soluble (2019-2028) ($MN)
5 Global Vitamins Market Outlook, By Source (2019-2028) ($MN)
6 Global Vitamins Market Outlook, By Animal (2019-2028) ($MN)
7 Global Vitamins Market Outlook, By Natural (2019-2028) ($MN)
8 Global Vitamins Market Outlook, By Plant (2019-2028) ($MN)
9 Global Vitamins Market Outlook, By Synthetic (2019-2028) ($MN)
10 Global Vitamins Market Outlook, By Product (2019-2028) ($MN)
11 Global Vitamins Market Outlook, By Vitamin B (2019-2028) ($MN)
12 Global Vitamins Market Outlook, By Vitamin B1 (2019-2028) ($MN)
13 Global Vitamins Market Outlook, By Vitamin B2 (2019-2028) ($MN)
14 Global Vitamins Market Outlook, By Vitamin B3 (2019-2028) ($MN)
15 Global Vitamins Market Outlook, By Vitamin B5 (2019-2028) ($MN)
16 Global Vitamins Market Outlook, By Vitamin B6 (2019-2028) ($MN)
17 Global Vitamins Market Outlook, By Vitamin B7 (2019-2028) ($MN)
18 Global Vitamins Market Outlook, By Vitamin B12 (2019-2028) ($MN)
19 Global Vitamins Market Outlook, By Vitamin E (2019-2028) ($MN)
20 Global Vitamins Market Outlook, By Vitamin D (2019-2028) ($MN)
21 Global Vitamins Market Outlook, By Vitamin C (2019-2028) ($MN)
22 Global Vitamins Market Outlook, By Vitamin A (2019-2028) ($MN)
23 Global Vitamins Market Outlook, By Vitamin K (2019-2028) ($MN)
24 Global Vitamins Market Outlook, By Multivitamin (2019-2028) ($MN)
25 Global Vitamins Market Outlook, By Application (2019-2028) ($MN)
26 Global Vitamins Market Outlook, By Healthcare Products (2019-2028) ($MN)
27 Global Vitamins Market Outlook, By Food & Beverages (2019-2028) ($MN)
28 Global Vitamins Market Outlook, By Infant Food (2019-2028) ($MN)
29 Global Vitamins Market Outlook, By Dairy Products (2019-2028) ($MN)
30 Global Vitamins Market Outlook, By Bakery & Confectionery Products (2019-2028) ($MN)
31 Global Vitamins Market Outlook, By Beverages (2019-2028) ($MN)
32 Global Vitamins Market Outlook, By Other Food & Bevarages (2019-2028) ($MN)
33 Global Vitamins Market Outlook, By Animal Feed (2019-2028) ($MN)
34 Global Vitamins Market Outlook, By Pharmaceuticals/Dietary Supplements (2019-2028) ($MN)
35 Global Vitamins Market Outlook, By Personal Care (2019-2028) ($MN)
36 Global Vitamins Market Outlook, By Cosmetics (2019-2028) ($MN)
37 Global Vitamins Market Outlook, By Distribution Channel (2019-2028) ($MN)
38 Global Vitamins Market Outlook, By Online Retail (2019-2028) ($MN)
39 Global Vitamins Market Outlook, By Offline Retail (2019-2028) ($MN)
40 Global Vitamins Market Outlook, By Hypermarket (2019-2028) ($MN)
41 Global Vitamins Market Outlook, By Mass Merchandisers (2019-2028) ($MN)
42 Global Vitamins Market Outlook, By Specialty Stores (2019-2028) ($MN)
43 Global Vitamins Market Outlook, By Supermarket (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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