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Vitamin Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 143 Pages
  • November 2023
  • Region: Global
  • IMARC Group
  • ID: 5901266
Description Jump to:
The global vitamin ingredients market size reached US$ 4.2 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 5.8 Billion by 2028, exhibiting a growth rate (CAGR) of 5.5% during 2022-2028.

Vitamin ingredients, or vitamers, refer to various organic compounds that exhibit similar properties to naturally occurring vitamins. They are obtained from fruits, vegetables and animal-based sources and are developed to fulfill nutritional deficiencies in the body. Water-soluble and fat-soluble are the two most commonly available vitamin ingredients. The water-soluble vitamers are used for immediate absorption and providing instant nourishment to the body and fat-soluble vitamers are diffused in fats and stored in the liver for later absorption. These vitamin ingredients aid in minimizing the risks of developing cardiovascular diseases, diabetes, eye disorders, signs of aging and heat strokes. As a result, they are widely used in the manufacturing of food and beverages, animal feed and pharmaceuticals.

The increasing prevalence of chronic medical ailments related to vitamin deficiencies, along with the rising geriatric population across the globe, represents one of the key factors driving the growth of the market. Furthermore, the rising demand for functional and nutritionally-enriched food products is creating a positive outlook for the market. Vitamins are considered to be an essential component of the daily diet as they aid in overall growth, digestion and neurological functions. Vitamin ingredients are used in the medical nutrition industry for the treatment of malnutrition and deficiency-related disorders. In line with this, the manufacturing of animal feed fortified with vitamers for enhanced nourishment in meat and dairy products is also contributing to the market growth. Additionally, various product innovations, such as the development of natural and allergen-free Vitamin E, are acting as other growth-inducing factors. These vitamers are extensively used in organic and herbal haircare, skincare, cosmetics and other personal care products, which, in turn, is driving the market further toward growth.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global vitamin ingredients market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, form, source and application.

Breakup by Type:

  • Vitamin A
  • Vitamin B
  • Vitamin C
  • Vitamin D
  • Vitamin E
  • Vitamin K

Breakup by Form:

  • Tablets and Capsules
  • Powder
  • Others

Breakup by Source:

  • Natural
  • Synthetic

Breakup by Application:

  • Pharmaceuticals
  • Foods and Beverages
  • Personal Care Products
  • Animal Feed
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Abbott Laboratories, Archer Daniels Midland Company, BASF SA, Bluestar Adisseo Company, Btsa Biotecnologías Aplicadas S.L., Farbest-Tallman Foods Corp., Glanbia Plc, Koninklijke DSM N.V., Lonza Group, Nestlé S.A., Pfizer Inc., Rabar Pty Ltd. and The Wright Group.

Key Questions Answered in This Report:

  • How has the global vitamin ingredients market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global vitamin ingredients market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the form?
  • What is the breakup of the market based on the source?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global vitamin ingredients market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Vitamin Ingredients Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Vitamin A
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Vitamin B
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Vitamin C
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Vitamin D
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Vitamin E
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Vitamin K
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Form
7.1 Tablets and Capsules
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Powder
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Source
8.1 Natural
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Synthetic
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Application
9.1 Pharmaceuticals
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Foods and Beverages
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Personal Care Products
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Animal Feed
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Abbott Laboratories
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Archer Daniels Midland Company
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 BASF SA
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Bluestar Adisseo Company
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.5 Btsa Biotecnologías Aplicadas S.L.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Farbest-Tallman Foods Corp.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Glanbia Plc
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Koninklijke DSM N.V.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 Lonza Group
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Nestlé S.A.
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11 Pfizer Inc.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.12 Rabar Pty Ltd.
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.13 The Wright Group
15.3.13.1 Company Overview
15.3.13.2 Product Portfolio
List of Figures
Figure 1: Global: Vitamin Ingredients Market: Major Drivers and Challenges
Figure 2: Global: Vitamin Ingredients Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Vitamin Ingredients Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Vitamin Ingredients Market: Breakup by Type (in %), 2022
Figure 5: Global: Vitamin Ingredients Market: Breakup by Form (in %), 2022
Figure 6: Global: Vitamin Ingredients Market: Breakup by Source (in %), 2022
Figure 7: Global: Vitamin Ingredients Market: Breakup by Application (in %), 2022
Figure 8: Global: Vitamin Ingredients Market: Breakup by Region (in %), 2022
Figure 9: Global: Vitamin Ingredients (Vitamin A) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Vitamin Ingredients (Vitamin A) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Vitamin Ingredients (Vitamin B) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Vitamin Ingredients (Vitamin B) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Vitamin Ingredients (Vitamin C) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Vitamin Ingredients (Vitamin C) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Vitamin Ingredients (Vitamin D) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Vitamin Ingredients (Vitamin D) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Vitamin Ingredients (Vitamin E) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Vitamin Ingredients (Vitamin E) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Vitamin Ingredients (Vitamin K) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Vitamin Ingredients (Vitamin K) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Vitamin Ingredients (Tablets and Capsules) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Vitamin Ingredients (Tablets and Capsules) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Vitamin Ingredients (Powder) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Vitamin Ingredients (Powder) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Vitamin Ingredients (Others) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Vitamin Ingredients (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Vitamin Ingredients (Natural) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Vitamin Ingredients (Natural) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Vitamin Ingredients (Synthetic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Vitamin Ingredients (Synthetic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Vitamin Ingredients (Pharmaceuticals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Vitamin Ingredients (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Vitamin Ingredients (Foods and Beverages) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Vitamin Ingredients (Foods and Beverages) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Vitamin Ingredients (Personal Care Products) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Vitamin Ingredients (Personal Care Products) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Vitamin Ingredients (Animal Feed) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Vitamin Ingredients (Animal Feed) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Global: Vitamin Ingredients (Others) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Global: Vitamin Ingredients (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: North America: Vitamin Ingredients Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: United States: Vitamin Ingredients Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: United States: Vitamin Ingredients Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Canada: Vitamin Ingredients Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Canada: Vitamin Ingredients Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: North America: Vitamin Ingredients Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Asia-Pacific: Vitamin Ingredients Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: China: Vitamin Ingredients Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: China: Vitamin Ingredients Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Japan: Vitamin Ingredients Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Japan: Vitamin Ingredients Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: India: Vitamin Ingredients Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: India: Vitamin Ingredients Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: South Korea: Vitamin Ingredients Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: South Korea: Vitamin Ingredients Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Australia: Vitamin Ingredients Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Australia: Vitamin Ingredients Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Indonesia: Vitamin Ingredients Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Indonesia: Vitamin Ingredients Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Others: Vitamin Ingredients Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Others: Vitamin Ingredients Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Asia-Pacific: Vitamin Ingredients Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Europe: Vitamin Ingredients Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Germany: Vitamin Ingredients Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Germany: Vitamin Ingredients Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: France: Vitamin Ingredients Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: France: Vitamin Ingredients Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: United Kingdom: Vitamin Ingredients Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: United Kingdom: Vitamin Ingredients Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Italy: Vitamin Ingredients Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Italy: Vitamin Ingredients Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Spain: Vitamin Ingredients Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Spain: Vitamin Ingredients Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Russia: Vitamin Ingredients Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Russia: Vitamin Ingredients Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Others: Vitamin Ingredients Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Others: Vitamin Ingredients Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Europe: Vitamin Ingredients Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Latin America: Vitamin Ingredients Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Brazil: Vitamin Ingredients Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Brazil: Vitamin Ingredients Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Mexico: Vitamin Ingredients Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Mexico: Vitamin Ingredients Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Others: Vitamin Ingredients Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Others: Vitamin Ingredients Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Latin America: Vitamin Ingredients Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 87: Middle East and Africa: Vitamin Ingredients Market: Sales Value (in Million US$), 2017 & 2022
Figure 88: Middle East and Africa: Vitamin Ingredients Market: Breakup by Country (in %), 2022
Figure 89: Middle East and Africa: Vitamin Ingredients Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 90: Global: Vitamin Ingredients Industry: SWOT Analysis
Figure 91: Global: Vitamin Ingredients Industry: Value Chain Analysis
Figure 92: Global: Vitamin Ingredients Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Vitamin Ingredients Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Vitamin Ingredients Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Vitamin Ingredients Market Forecast: Breakup by Form (in Million US$), 2023-2028
Table 4: Global: Vitamin Ingredients Market Forecast: Breakup by Source (in Million US$), 2023-2028
Table 5: Global: Vitamin Ingredients Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 6: Global: Vitamin Ingredients Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Vitamin Ingredients Market: Competitive Structure
Table 8: Global: Vitamin Ingredients Market: Key Players

Companies Mentioned

  • Abbott Laboratories
  • Archer Daniels Midland Company
  • BASF SA
  • Bluestar Adisseo Company
  • Btsa Biotecnologías Aplicadas S.L.
  • Farbest-Tallman Foods Corp.
  • Glanbia Plc
  • Koninklijke DSM N.V.
  • Lonza Group
  • Nestlé S.A.
  • Pfizer Inc.
  • Rabar Pty Ltd. and The Wright Group

Methodology

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