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Vitamins - Global Market Trajectory & Analytics

  • ID: 338705
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • ADISSEO France S.A.S
  • Farbest Brands
  • Lonza Group Ltd.
  • Royal DSM NV
  • The Wright Group
  • Watson, Inc.
Global Vitamins Market to Reach $8.2 Billion by 2027

Amid the COVID-19 crisis, the global market for Vitamins estimated at US$5.4 Billion in the year 2020, is projected to reach a revised size of US$8.2 Billion by 2027, growing at a CAGR of 6.1% over the analysis period 2020-2027. Vitamin B, one of the segments analyzed in the report, is projected to record a 6.3% CAGR and reach US$3.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Vitamin E segment is readjusted to a revised 5.6% CAGR for the next 7-year period.





The U.S. Market is Estimated at $1.5 Billion, While China is Forecast to Grow at 9.3% CAGR

The Vitamins market in the U.S. is estimated at US$1.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2027 trailing a CAGR of 9.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 5.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.

Vitamin D Segment to Record 6.4% CAGR

In the global Vitamin D segment, USA, Canada, Japan, China and Europe will drive the 6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$652.1 Million in the year 2020 will reach a projected size of US$977.4 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.1 Billion by the year 2027, while Latin America will expand at a 7.4% CAGR through the analysis period.

Select Competitors (Total 198 Featured):
  • ADISSEO France S.A.S
  • Archer Daniels Midland Company
  • BASF SE
  • Btsa Biotecnologias Aplicadas AS
  • Farbest Brands
  • Glanbia PLC
  • Lonza Group Ltd.
  • Rabar Pty., Ltd.
  • Royal DSM NV
  • Showa Denko K.K.
  • SternVitamin GmbH & Co. KG
  • The Wright Group
  • Vitablend Nederland B.V.
  • Watson, Inc.
  • Zagro Asia Ltd.
Frequently Asked Questions about the Global Market for Vitamins

What is the estimated value of the Global Market for Vitamins?

The Global Market for Vitamins was estimated to be valued at $5.4 Billion in 2020.

What is the growth rate of the Global Market for Vitamins?

The growth rate of the Global Market for Vitamins is 6.1%, with an estimated value of $8.2 Billion by 2027.

What is the forecasted size of the Global Market for Vitamins?

The Global Market for Vitamins is estimated to be worth $8.2 Billion by 2027.

Who are the key companies in the Global Market for Vitamins?

Key companies in the Global Market for Vitamins include ADISSEO France S.A.S, Archer Daniels Midland Company, BASF SE, Btsa Biotecnologias Aplicadas AS, Farbest Brands, Glanbia PLC, Lonza Group Ltd., Rabar Pty. Ltd. and Showa Denko K.K..
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ADISSEO France S.A.S
  • Farbest Brands
  • Lonza Group Ltd.
  • Royal DSM NV
  • The Wright Group
  • Watson, Inc.

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Vitamin D Gains Spotlight Amid the Crisis
  • Market Overview
  • Vitamins: Essential for Human and Animal Health
  • Exhibit 1: Proportion of US Adults Taking Vitamins and Minerals
  • COMPETITION
  • Leading Brands

2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Aging World Population: A Strong Growth Driver
  • Vitamins: An Important Ingredient in Anti-Aging Products
  • Exhibit 2: Anti Ageing Products Market in US$ Million: 2018-2024
  • Application of Anti-Ageing Vitamins in Supplements
  • Application of Vitamins in Anti-Ageing Creams and Topical Treatments
  • Startups Enter the Vitamins Space
  • Increasing Popularity of Vitamins in Dietary Supplements
  • Multivitamins Vs. Single Vitamins
  • Innovative Formats, Sizes and Shapes of Vitamins Benefits Market Adoption
  • Rising Preference for Preventive Medicine Boosts Sales of B Vitamins
  • Vitamin E Finds Increasing Application in Cosmetics
  • Vitamins in Animal Nutrition:Trends & Drivers

4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION
  • Total Companies Profiled: 198
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • ADISSEO France S.A.S
  • Archer Daniels Midland Company
  • BASF SE
  • Btsa Biotecnologias Aplicadas AS
  • Farbest Brands
  • Glanbia PLC
  • Lonza Group Ltd.
  • Rabar Pty. Ltd.
  • Royal DSM NV
  • Showa Denko K.K.
  • SternVitamin GmbH & Co. KG
  • The Wright Group
  • Vitablend Nederland B.V.
  • Watson, Inc.
  • Zagro Asia Ltd.
Note: Product cover images may vary from those shown