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Vitamins Market by Source, Type, Applications: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 320 Pages
  • December 2022
  • Region: Global
  • Allied Market Research
  • ID: 5743576
The vitamin market size was $ 28,783.5 million in 2021 and is estimated to reach $ 59,238.5 million by 2031, registering a CAGR of 7.5% from 2022 to 2031.

The market in Asia-Pacific offers lucrative growth opportunities for operating players, owing to the presence of countries such as India, China, and others. The increase in adoption of the western lifestyle, surge in population, and rise in disposable income of consumers majorly drive the growth of the vitamin market. Moreover, an increase in awareness regarding vitamin supplement products and their associated benefits has further led to the growth of the market. Developing regions offer potential growth opportunities to market players for launching innovative vitamin supplement products. Moreover, countries in Latin America, such as Brazil, are anticipated to unfold attractive business opportunities, owing to an increase in awareness regarding vitamin supplements and vitamin-infused products and their health benefits.

The rise in awareness regarding vitamins among consumers has led consumers to shift toward vitamin supplements since consumers are getting aware of vitamins. They are getting aware of Over Counter (OTC) vitamin supplements. OTC vitamin supplements are supplements that can be purchased without the prescription of a doctor.

The rising trend toward self-care and maintaining a healthy lifestyle can drive the growth of the market since self-care has emerged as an important component of lifestyle among modern customers. There has been a significant change in consumer food habits due to a rise in focus on health and immunity. There has been an expansion of the usage of vitamins, minerals, foods that enhance immunity, organic goods, supplements, and other dietary aids. The National Health Service UK stated that lack of vitamin D can lead to bone deformities such as rickets in children, and bone pain caused by a condition called osteomalacia in adults. Along with this due to COVID-19 people started focusing on their diet to improve their immunity. Such factors will help the vitamins market to grow at a significant rate.

Stringent regulations of the government can restrain the market from growing since there has been strict government regulation regarding the manufacturing and sales of vitamin markets. FDA regulates both finished dietary supplement products and dietary ingredients. FDA regulates dietary supplements under a different set of regulations than those covering "conventional" foods and drug products. Manufacturers and distributors of vitamin supplements is prohibited from marketing products that are adulterated or misbranded. That means that these firms are responsible for evaluating the safety and labeling of their products before marketing to ensure that they meet all the requirements of the Federal Food, Drug, and Cosmetic Act as amended by DSHEA and FDA regulations. FDA has the authority to act against any adulterated or misbranded dietary supplement product after it reaches the market. Such regulation by the government can restrict the growth of the market.

According to the market analysis, the global vitamin market is segmented into the source, type, application, and region. By source, the market is divided into the plant, animal, and synthetic. Based on type, the market is divided into Vitamin A, Vitamin B, Vitamin C, Vitamin D, Vitamin E, and Vitamin K. By application, the market is divided into digestive health, immunity, mental health, cosmetics, performance, digestive disorders, menstrual health, pregnancy, sports & performance, and others. Region-wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Spain, Italy, rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, South East Asia and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

The impact of the COVID-19 outbreak was moderate for the growth of the global vitamin market. The trade restrictions and lockdown resulted in the halting of production and manufacturing units. The recovery of the vitamin market is expected in near future.

The players in the vitamin market have adopted acquisition, business expansion, partnership, collaboration, and product launch as their key development strategies to increase profitability and improve their position in the vitamins market. Some of the key players profiled in the vitamins market analysis include Adisseo, Archer Daniels Midland Company, BASF SE, BROTHER ENTERPRISES HOLDING CO., LTD, Farbest Brands, Glanbia PLC, Jubilant Bhartia Group, Koninklijke DSM N.V., Lonza, Stern Wywiol Gruppe, Vertellus, Vitablend Nederland B.V., Wright Enrichment Inc, Zagro, and Zhejiang Garden Bio-chemical High-tech Co., Ltd.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the vitamins market analysis from 2021 to 2031 to identify the prevailing vitamins market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the vitamins market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global vitamins market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Source

  • Plants
  • Animals
  • Synthetic

By Type

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

By Applications

  • Digestive Health
  • Immunity
  • Mental Health
  • Cosmetics
  • Performance
  • Digestive Disorders
  • Menstrual Health
  • Pregnancy
  • Sports and Performance
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Spain
  • Italy
  • Rest Of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • South East Asia
  • Rest Of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • BROTHER ENTERPRISES HOLDING CO.,LTD
  • Zagro
  • Farbest Brands
  • Adisseo
  • Vitablend Nederland B.V.
  • Vertellus
  • Glanbia PLC
  • Zhejiang Garden Bio-chemical High-tech Co., Ltd
  • Lonza
  • Archer Daniels Midland Company
  • BASF SE
  • Stern Wywiol Gruppe
  • Wright Enrichment Inc
  • Koninklijke DSM N.V.
  • Jubilant Bhartia Group

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
3.5. COVID-19 Impact Analysis on the market

CHAPTER 4: VITAMINS MARKET, BY SOURCE
4.1 Overview
4.1.1 Market size and forecast
4.2. Plants
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3. Animals
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4. Synthetic
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country

CHAPTER 5: VITAMINS MARKET, BY TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2. Vitamin A
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3. Vitamin B
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
5.4. Vitamin C
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market share analysis by country
5.5. Vitamin D
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market share analysis by country
5.6. Vitamin E
5.6.1 Key market trends, growth factors and opportunities
5.6.2 Market size and forecast, by region
5.6.3 Market share analysis by country
5.7. Vitamin K
5.7.1 Key market trends, growth factors and opportunities
5.7.2 Market size and forecast, by region
5.7.3 Market share analysis by country

CHAPTER 6: VITAMINS MARKET, BY APPLICATIONS
6.1 Overview
6.1.1 Market size and forecast
6.2. Digestive Health
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3. Immunity
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
6.4. Mental Health
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market share analysis by country
6.5. Cosmetics
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market share analysis by country
6.6. Performance
6.6.1 Key market trends, growth factors and opportunities
6.6.2 Market size and forecast, by region
6.6.3 Market share analysis by country
6.7. Digestive Disorders
6.7.1 Key market trends, growth factors and opportunities
6.7.2 Market size and forecast, by region
6.7.3 Market share analysis by country
6.8. Menstrual Health
6.8.1 Key market trends, growth factors and opportunities
6.8.2 Market size and forecast, by region
6.8.3 Market share analysis by country
6.9. Pregnancy
6.9.1 Key market trends, growth factors and opportunities
6.9.2 Market size and forecast, by region
6.9.3 Market share analysis by country
6.10. Sports and Performance
6.10.1 Key market trends, growth factors and opportunities
6.10.2 Market size and forecast, by region
6.10.3 Market share analysis by country
6.11. Others
6.11.1 Key market trends, growth factors and opportunities
6.11.2 Market size and forecast, by region
6.11.3 Market share analysis by country

CHAPTER 7: VITAMINS MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Source
7.2.3 North America Market size and forecast, by Type
7.2.4 North America Market size and forecast, by Applications
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Key market trends, growth factors and opportunities
7.2.5.1.2 Market size and forecast, by Source
7.2.5.1.3 Market size and forecast, by Type
7.2.5.1.4 Market size and forecast, by Applications
7.2.5.2 Canada
7.2.5.2.1 Key market trends, growth factors and opportunities
7.2.5.2.2 Market size and forecast, by Source
7.2.5.2.3 Market size and forecast, by Type
7.2.5.2.4 Market size and forecast, by Applications
7.2.5.3 Mexico
7.2.5.3.1 Key market trends, growth factors and opportunities
7.2.5.3.2 Market size and forecast, by Source
7.2.5.3.3 Market size and forecast, by Type
7.2.5.3.4 Market size and forecast, by Applications
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Source
7.3.3 Europe Market size and forecast, by Type
7.3.4 Europe Market size and forecast, by Applications
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Key market trends, growth factors and opportunities
7.3.5.1.2 Market size and forecast, by Source
7.3.5.1.3 Market size and forecast, by Type
7.3.5.1.4 Market size and forecast, by Applications
7.3.5.2 France
7.3.5.2.1 Key market trends, growth factors and opportunities
7.3.5.2.2 Market size and forecast, by Source
7.3.5.2.3 Market size and forecast, by Type
7.3.5.2.4 Market size and forecast, by Applications
7.3.5.3 UK
7.3.5.3.1 Key market trends, growth factors and opportunities
7.3.5.3.2 Market size and forecast, by Source
7.3.5.3.3 Market size and forecast, by Type
7.3.5.3.4 Market size and forecast, by Applications
7.3.5.4 Spain
7.3.5.4.1 Key market trends, growth factors and opportunities
7.3.5.4.2 Market size and forecast, by Source
7.3.5.4.3 Market size and forecast, by Type
7.3.5.4.4 Market size and forecast, by Applications
7.3.5.5 Italy
7.3.5.5.1 Key market trends, growth factors and opportunities
7.3.5.5.2 Market size and forecast, by Source
7.3.5.5.3 Market size and forecast, by Type
7.3.5.5.4 Market size and forecast, by Applications
7.3.5.6 Rest of Europe
7.3.5.6.1 Key market trends, growth factors and opportunities
7.3.5.6.2 Market size and forecast, by Source
7.3.5.6.3 Market size and forecast, by Type
7.3.5.6.4 Market size and forecast, by Applications
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Source
7.4.3 Asia-Pacific Market size and forecast, by Type
7.4.4 Asia-Pacific Market size and forecast, by Applications
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Key market trends, growth factors and opportunities
7.4.5.1.2 Market size and forecast, by Source
7.4.5.1.3 Market size and forecast, by Type
7.4.5.1.4 Market size and forecast, by Applications
7.4.5.2 India
7.4.5.2.1 Key market trends, growth factors and opportunities
7.4.5.2.2 Market size and forecast, by Source
7.4.5.2.3 Market size and forecast, by Type
7.4.5.2.4 Market size and forecast, by Applications
7.4.5.3 Japan
7.4.5.3.1 Key market trends, growth factors and opportunities
7.4.5.3.2 Market size and forecast, by Source
7.4.5.3.3 Market size and forecast, by Type
7.4.5.3.4 Market size and forecast, by Applications
7.4.5.4 Australia
7.4.5.4.1 Key market trends, growth factors and opportunities
7.4.5.4.2 Market size and forecast, by Source
7.4.5.4.3 Market size and forecast, by Type
7.4.5.4.4 Market size and forecast, by Applications
7.4.5.5 South Korea
7.4.5.5.1 Key market trends, growth factors and opportunities
7.4.5.5.2 Market size and forecast, by Source
7.4.5.5.3 Market size and forecast, by Type
7.4.5.5.4 Market size and forecast, by Applications
7.4.5.6 South East Asia
7.4.5.6.1 Key market trends, growth factors and opportunities
7.4.5.6.2 Market size and forecast, by Source
7.4.5.6.3 Market size and forecast, by Type
7.4.5.6.4 Market size and forecast, by Applications
7.4.5.7 Rest of Asia-Pacific
7.4.5.7.1 Key market trends, growth factors and opportunities
7.4.5.7.2 Market size and forecast, by Source
7.4.5.7.3 Market size and forecast, by Type
7.4.5.7.4 Market size and forecast, by Applications
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Source
7.5.3 LAMEA Market size and forecast, by Type
7.5.4 LAMEA Market size and forecast, by Applications
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Key market trends, growth factors and opportunities
7.5.5.1.2 Market size and forecast, by Source
7.5.5.1.3 Market size and forecast, by Type
7.5.5.1.4 Market size and forecast, by Applications
7.5.5.2 Middle East
7.5.5.2.1 Key market trends, growth factors and opportunities
7.5.5.2.2 Market size and forecast, by Source
7.5.5.2.3 Market size and forecast, by Type
7.5.5.2.4 Market size and forecast, by Applications
7.5.5.3 Africa
7.5.5.3.1 Key market trends, growth factors and opportunities
7.5.5.3.2 Market size and forecast, by Source
7.5.5.3.3 Market size and forecast, by Type
7.5.5.3.4 Market size and forecast, by Applications

CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.5. Top player positioning, 2021

CHAPTER 9: COMPANY PROFILES
9.1 BROTHER ENTERPRISES HOLDING CO.,LTD
9.1.1 Company overview
9.1.2 Key Executives
9.1.3 Company snapshot
9.1.4 Operating business segments
9.1.5 Product portfolio
9.1.6 Business performance
9.1.7 Key strategic moves and developments
9.2 Zagro
9.2.1 Company overview
9.2.2 Key Executives
9.2.3 Company snapshot
9.2.4 Operating business segments
9.2.5 Product portfolio
9.2.6 Business performance
9.2.7 Key strategic moves and developments
9.3 Farbest Brands
9.3.1 Company overview
9.3.2 Key Executives
9.3.3 Company snapshot
9.3.4 Operating business segments
9.3.5 Product portfolio
9.3.6 Business performance
9.3.7 Key strategic moves and developments
9.4 Adisseo
9.4.1 Company overview
9.4.2 Key Executives
9.4.3 Company snapshot
9.4.4 Operating business segments
9.4.5 Product portfolio
9.4.6 Business performance
9.4.7 Key strategic moves and developments
9.5 Vitablend Nederland B.V.
9.5.1 Company overview
9.5.2 Key Executives
9.5.3 Company snapshot
9.5.4 Operating business segments
9.5.5 Product portfolio
9.5.6 Business performance
9.5.7 Key strategic moves and developments
9.6 Vertellus
9.6.1 Company overview
9.6.2 Key Executives
9.6.3 Company snapshot
9.6.4 Operating business segments
9.6.5 Product portfolio
9.6.6 Business performance
9.6.7 Key strategic moves and developments
9.7 Glanbia PLC
9.7.1 Company overview
9.7.2 Key Executives
9.7.3 Company snapshot
9.7.4 Operating business segments
9.7.5 Product portfolio
9.7.6 Business performance
9.7.7 Key strategic moves and developments
9.8 Zhejiang Garden Bio-chemical High-tech Co., Ltd
9.8.1 Company overview
9.8.2 Key Executives
9.8.3 Company snapshot
9.8.4 Operating business segments
9.8.5 Product portfolio
9.8.6 Business performance
9.8.7 Key strategic moves and developments
9.9 Lonza
9.9.1 Company overview
9.9.2 Key Executives
9.9.3 Company snapshot
9.9.4 Operating business segments
9.9.5 Product portfolio
9.9.6 Business performance
9.9.7 Key strategic moves and developments
9.10 Archer Daniels Midland Company
9.10.1 Company overview
9.10.2 Key Executives
9.10.3 Company snapshot
9.10.4 Operating business segments
9.10.5 Product portfolio
9.10.6 Business performance
9.10.7 Key strategic moves and developments
9.11 BASF SE
9.11.1 Company overview
9.11.2 Key Executives
9.11.3 Company snapshot
9.11.4 Operating business segments
9.11.5 Product portfolio
9.11.6 Business performance
9.11.7 Key strategic moves and developments
9.12 Stern Wywiol Gruppe
9.12.1 Company overview
9.12.2 Key Executives
9.12.3 Company snapshot
9.12.4 Operating business segments
9.12.5 Product portfolio
9.12.6 Business performance
9.12.7 Key strategic moves and developments
9.13 Wright Enrichment Inc
9.13.1 Company overview
9.13.2 Key Executives
9.13.3 Company snapshot
9.13.4 Operating business segments
9.13.5 Product portfolio
9.13.6 Business performance
9.13.7 Key strategic moves and developments
9.14 Koninklijke DSM N.V.
9.14.1 Company overview
9.14.2 Key Executives
9.14.3 Company snapshot
9.14.4 Operating business segments
9.14.5 Product portfolio
9.14.6 Business performance
9.14.7 Key strategic moves and developments
9.15 Jubilant Bhartia Group
9.15.1 Company overview
9.15.2 Key Executives
9.15.3 Company snapshot
9.15.4 Operating business segments
9.15.5 Product portfolio
9.15.6 Business performance
9.15.7 Key strategic moves and developments

List of Tables
Table 1. Global Vitamins Market, by Source, 2021-2031 (Revenue, $Million)
Table 2. Vitamins Market for Plants, by Region, 2021-2031 (Revenue, $Million)
Table 3. Vitamins Market for Animals, by Region, 2021-2031 (Revenue, $Million)
Table 4. Vitamins Market for Synthetic, by Region, 2021-2031 (Revenue, $Million)
Table 5. Global Vitamins Market, by Type, 2021-2031 (Revenue, $Million)
Table 6. Vitamins Market for Vitamin A, by Region, 2021-2031 (Revenue, $Million)
Table 7. Vitamins Market for Vitamin B, by Region, 2021-2031 (Revenue, $Million)
Table 8. Vitamins Market for Vitamin C, by Region, 2021-2031 (Revenue, $Million)
Table 9. Vitamins Market for Vitamin D, by Region, 2021-2031 (Revenue, $Million)
Table 10. Vitamins Market for Vitamin E, by Region, 2021-2031 (Revenue, $Million)
Table 11. Vitamins Market for Vitamin K, by Region, 2021-2031 (Revenue, $Million)
Table 12. Global Vitamins Market, by Applications, 2021-2031 (Revenue, $Million)
Table 13. Vitamins Market for Digestive Health, by Region, 2021-2031 (Revenue, $Million)
Table 14. Vitamins Market for Immunity, by Region, 2021-2031 (Revenue, $Million)
Table 15. Vitamins Market for Mental Health, by Region, 2021-2031 (Revenue, $Million)
Table 16. Vitamins Market for Cosmetics, by Region, 2021-2031 (Revenue, $Million)
Table 17. Vitamins Market for Performance, by Region, 2021-2031 (Revenue, $Million)
Table 18. Vitamins Market for Digestive Disorders, by Region, 2021-2031 (Revenue, $Million)
Table 19. Vitamins Market for Menstrual Health, by Region, 2021-2031 (Revenue, $Million)
Table 20. Vitamins Market for Pregnancy, by Region, 2021-2031 (Revenue, $Million)
Table 21. Vitamins Market for Sports and Performance, by Region, 2021-2031 (Revenue, $Million)
Table 22. Vitamins Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 23. Vitamins Market, by Region, 2021-2031 (Revenue, $Million)
Table 24. North America Vitamins Market, by Source, 2021-2031 (Revenue, $Million)
Table 25. North America Vitamins Market, by Type, 2021-2031 (Revenue, $Million)
Table 26. North America Vitamins Market, by Applications, 2021-2031 (Revenue, $Million)
Table 27. North America Vitamins Market, by Country, 2021-2031 (Revenue, $Million)
Table 28. U.S. Vitamins Market, by Source, 2021-2031 (Revenue, $Million)
Table 29. U.S. Vitamins Market, by Type, 2021-2031 (Revenue, $Million)
Table 30. U.S. Vitamins Market, by Applications, 2021-2031 (Revenue, $Million)
Table 31. Canada Vitamins Market, by Source, 2021-2031 (Revenue, $Million)
Table 32. Canada Vitamins Market, by Type, 2021-2031 (Revenue, $Million)
Table 33. Canada Vitamins Market, by Applications, 2021-2031 (Revenue, $Million)
Table 34. Mexico Vitamins Market, by Source, 2021-2031 (Revenue, $Million)
Table 35. Mexico Vitamins Market, by Type, 2021-2031 (Revenue, $Million)
Table 36. Mexico Vitamins Market, by Applications, 2021-2031 (Revenue, $Million)
Table 37. Europe Vitamins Market, by Source, 2021-2031 (Revenue, $Million)
Table 38. Europe Vitamins Market, by Type, 2021-2031 (Revenue, $Million)
Table 39. Europe Vitamins Market, by Applications, 2021-2031 (Revenue, $Million)
Table 40. Europe Vitamins Market, by Country, 2021-2031 (Revenue, $Million)
Table 41. Germany Vitamins Market, by Source, 2021-2031 (Revenue, $Million)
Table 42. Germany Vitamins Market, by Type, 2021-2031 (Revenue, $Million)
Table 43. Germany Vitamins Market, by Applications, 2021-2031 (Revenue, $Million)
Table 44. France Vitamins Market, by Source, 2021-2031 (Revenue, $Million)
Table 45. France Vitamins Market, by Type, 2021-2031 (Revenue, $Million)
Table 46. France Vitamins Market, by Applications, 2021-2031 (Revenue, $Million)
Table 47. UK Vitamins Market, by Source, 2021-2031 (Revenue, $Million)
Table 48. UK Vitamins Market, by Type, 2021-2031 (Revenue, $Million)
Table 49. UK Vitamins Market, by Applications, 2021-2031 (Revenue, $Million)
Table 50. Spain Vitamins Market, by Source, 2021-2031 (Revenue, $Million)
Table 51. Spain Vitamins Market, by Type, 2021-2031 (Revenue, $Million)
Table 52. Spain Vitamins Market, by Applications, 2021-2031 (Revenue, $Million)
Table 53. Italy Vitamins Market, by Source, 2021-2031 (Revenue, $Million)
Table 54. Italy Vitamins Market, by Type, 2021-2031 (Revenue, $Million)
Table 55. Italy Vitamins Market, by Applications, 2021-2031 (Revenue, $Million)
Table 56. Rest of Europe Vitamins Market, by Source, 2021-2031 (Revenue, $Million)
Table 57. Rest of Europe Vitamins Market, by Type, 2021-2031 (Revenue, $Million)
Table 58. Rest of Europe Vitamins Market, by Applications, 2021-2031 (Revenue, $Million)
Table 59. Asia-Pacific Vitamins Market, by Source, 2021-2031 (Revenue, $Million)
Table 60. Asia-Pacific Vitamins Market, by Type, 2021-2031 (Revenue, $Million)
Table 61. Asia-Pacific Vitamins Market, by Applications, 2021-2031 (Revenue, $Million)
Table 62. Asia-Pacific Vitamins Market, by Country, 2021-2031 (Revenue, $Million)
Table 63. China Vitamins Market, by Source, 2021-2031 (Revenue, $Million)
Table 64. China Vitamins Market, by Type, 2021-2031 (Revenue, $Million)
Table 65. China Vitamins Market, by Applications, 2021-2031 (Revenue, $Million)
Table 66. India Vitamins Market, by Source, 2021-2031 (Revenue, $Million)
Table 67. India Vitamins Market, by Type, 2021-2031 (Revenue, $Million)
Table 68. India Vitamins Market, by Applications, 2021-2031 (Revenue, $Million)
Table 69. Japan Vitamins Market, by Source, 2021-2031 (Revenue, $Million)
Table 70. Japan Vitamins Market, by Type, 2021-2031 (Revenue, $Million)
Table 71. Japan Vitamins Market, by Applications, 2021-2031 (Revenue, $Million)
Table 72. Australia Vitamins Market, by Source, 2021-2031 (Revenue, $Million)
Table 73. Australia Vitamins Market, by Type, 2021-2031 (Revenue, $Million)
Table 74. Australia Vitamins Market, by Applications, 2021-2031 (Revenue, $Million)
Table 75. South Korea Vitamins Market, by Source, 2021-2031 (Revenue, $Million)
Table 76. South Korea Vitamins Market, by Type, 2021-2031 (Revenue, $Million)
Table 77. South Korea Vitamins Market, by Applications, 2021-2031 (Revenue, $Million)
Table 78. South East Asia Vitamins Market, by Source, 2021-2031 (Revenue, $Million)
Table 79. South East Asia Vitamins Market, by Type, 2021-2031 (Revenue, $Million)
Table 80. South East Asia Vitamins Market, by Applications, 2021-2031 (Revenue, $Million)
Table 81. Rest of Asia-Pacific Vitamins Market, by Source, 2021-2031 (Revenue, $Million)
Table 82. Rest of Asia-Pacific Vitamins Market, by Type, 2021-2031 (Revenue, $Million)
Table 83. Rest of Asia-Pacific Vitamins Market, by Applications, 2021-2031 (Revenue, $Million)
Table 84. LAMEA Vitamins Market, by Source, 2021-2031 (Revenue, $Million)
Table 85. LAMEA Vitamins Market, by Type, 2021-2031 (Revenue, $Million)
Table 86. LAMEA Vitamins Market, by Applications, 2021-2031 (Revenue, $Million)
Table 87. LAMEA Vitamins Market, by Country, 2021-2031 (Revenue, $Million)
Table 88. Latin America Vitamins Market, by Source, 2021-2031 (Revenue, $Million)
Table 89. Latin America Vitamins Market, by Type, 2021-2031 (Revenue, $Million)
Table 90. Latin America Vitamins Market, by Applications, 2021-2031 (Revenue, $Million)
Table 91. Middle East Vitamins Market, by Source, 2021-2031 (Revenue, $Million)
Table 92. Middle East Vitamins Market, by Type, 2021-2031 (Revenue, $Million)
Table 93. Middle East Vitamins Market, by Applications, 2021-2031 (Revenue, $Million)
Table 94. Africa Vitamins Market, by Source, 2021-2031 (Revenue, $Million)
Table 95. Africa Vitamins Market, by Type, 2021-2031 (Revenue, $Million)
Table 96. Africa Vitamins Market, by Applications, 2021-2031 (Revenue, $Million)
Table 97. Brother Enterprises Holding Co.Ltd: Key Executives
Table 97. Brother Enterprises Holding Co.Ltd: Company Snapshot
Table 98. Brother Enterprises Holding Co.Ltd: Operating Segments
Table 99. Brother Enterprises Holding Co.Ltd: Product Portfolio
Table 100. Brother Enterprises Holding Co.Ltd: Net Sales
Table 101. Brother Enterprises Holding Co.Ltd: Key Stratergies
Table 103. Zagro: Key Executives
Table 103. Zagro: Company Snapshot
Table 104. Zagro: Operating Segments
Table 105. Zagro: Product Portfolio
Table 106. Zagro: Net Sales
Table 107. Zagro: Key Stratergies
Table 109. Farbest Brands: Key Executives
Table 109. Farbest Brands: Company Snapshot
Table 110. Farbest Brands: Operating Segments
Table 111. Farbest Brands: Product Portfolio
Table 112. Farbest Brands: Net Sales
Table 113. Farbest Brands: Key Stratergies
Table 115. Adisseo: Key Executives
Table 115. Adisseo: Company Snapshot
Table 116. Adisseo: Operating Segments
Table 117. Adisseo: Product Portfolio
Table 118. Adisseo: Net Sales
Table 119. Adisseo: Key Stratergies
Table 121. Vitablend Nederland B.V.: Key Executives
Table 121. Vitablend Nederland B.V.: Company Snapshot
Table 122. Vitablend Nederland B.V.: Operating Segments
Table 123. Vitablend Nederland B.V.: Product Portfolio
Table 124. Vitablend Nederland B.V.: Net Sales
Table 125. Vitablend Nederland B.V.: Key Stratergies
Table 127. Vertellus: Key Executives
Table 127. Vertellus: Company Snapshot
Table 128. Vertellus: Operating Segments
Table 129. Vertellus: Product Portfolio
Table 130. Vertellus: Net Sales
Table 131. Vertellus: Key Stratergies
Table 133. Glanbia plc: Key Executives
Table 133. Glanbia plc: Company Snapshot
Table 134. Glanbia plc: Operating Segments
Table 135. Glanbia plc: Product Portfolio
Table 136. Glanbia plc: Net Sales
Table 137. Glanbia plc: Key Stratergies
Table 139. Zhejiang Garden Bio-Chemical High-Tech Co. Ltd: Key Executives
Table 139. Zhejiang Garden Bio-Chemical High-Tech Co. Ltd: Company Snapshot
Table 140. Zhejiang Garden Bio-Chemical High-Tech Co. Ltd: Operating Segments
Table 141. Zhejiang Garden Bio-Chemical High-Tech Co. Ltd: Product Portfolio
Table 142. Zhejiang Garden Bio-Chemical High-Tech Co. Ltd: Net Sales
Table 143. Zhejiang Garden Bio-Chemical High-Tech Co. Ltd: Key Stratergies
Table 145. Lonza: Key Executives
Table 145. Lonza: Company Snapshot
Table 146. Lonza: Operating Segments
Table 147. Lonza: Product Portfolio
Table 148. Lonza: Net Sales
Table 149. Lonza: Key Stratergies
Table 151. Archer Daniels Midland Company: Key Executives
Table 151. Archer Daniels Midland Company: Company Snapshot
Table 152. Archer Daniels Midland Company: Operating Segments
Table 153. Archer Daniels Midland Company: Product Portfolio
Table 154. Archer Daniels Midland Company: Net Sales
Table 155. Archer Daniels Midland Company: Key Stratergies
Table 157. Basf Se: Key Executives
Table 157. Basf Se: Company Snapshot
Table 158. Basf Se: Operating Segments
Table 159. Basf Se: Product Portfolio
Table 160. Basf Se: Net Sales
Table 161. Basf Se: Key Stratergies
Table 163. Stern Wywiol Gruppe: Key Executives
Table 163. Stern Wywiol Gruppe: Company Snapshot
Table 164. Stern Wywiol Gruppe: Operating Segments
Table 165. Stern Wywiol Gruppe: Product Portfolio
Table 166. Stern Wywiol Gruppe: Net Sales
Table 167. Stern Wywiol Gruppe: Key Stratergies
Table 169. Wright Enrichment Inc: Key Executives
Table 169. Wright Enrichment Inc: Company Snapshot
Table 170. Wright Enrichment Inc: Operating Segments
Table 171. Wright Enrichment Inc: Product Portfolio
Table 172. Wright Enrichment Inc: Net Sales
Table 173. Wright Enrichment Inc: Key Stratergies
Table 175. Koninklijke Dsm N.V.: Key Executives
Table 175. Koninklijke Dsm N.V.: Company Snapshot
Table 176. Koninklijke Dsm N.V.: Operating Segments
Table 177. Koninklijke Dsm N.V.: Product Portfolio
Table 178. Koninklijke Dsm N.V.: Net Sales
Table 179. Koninklijke Dsm N.V.: Key Stratergies
Table 181. Jubilant Bhartia Group: Key Executives
Table 181. Jubilant Bhartia Group: Company Snapshot
Table 182. Jubilant Bhartia Group: Operating Segments
Table 183. Jubilant Bhartia Group: Product Portfolio
Table 184. Jubilant Bhartia Group: Net Sales
Table 185. Jubilant Bhartia Group: Key Stratergies

List of Figures
Figure 1. Segmentation of Vitamins Market, 2021-2031
Figure 2. Vitamins Market, 2021-2031
Figure 3. Top Investment Pockets, by Region
Figure 4. Porter Five-1
Figure 5. Porter Five-2
Figure 6. Porter Five-3
Figure 7. Porter Five-4
Figure 8. Porter Five-5
Figure 9. Vitamins Market: Drivers, Restraints and Opportunities
Figure 10. Vitamins Market, by Source, 2021 (%)
Figure 11. Comparative Share Analysis of Plants Vitamins Market, 2021 and 2031 (%)
Figure 12. Comparative Share Analysis of Animals Vitamins Market, 2021 and 2031 (%)
Figure 13. Comparative Share Analysis of Synthetic Vitamins Market, 2021 and 2031 (%)
Figure 14. Vitamins Market, by Type, 2021 (%)
Figure 15. Comparative Share Analysis of Vitamin a Vitamins Market, 2021 and 2031 (%)
Figure 16. Comparative Share Analysis of Vitamin B Vitamins Market, 2021 and 2031 (%)
Figure 17. Comparative Share Analysis of Vitamin C Vitamins Market, 2021 and 2031 (%)
Figure 18. Comparative Share Analysis of Vitamin D Vitamins Market, 2021 and 2031 (%)
Figure 19. Comparative Share Analysis of Vitamin E Vitamins Market, 2021 and 2031 (%)
Figure 20. Comparative Share Analysis of Vitamin K Vitamins Market, 2021 and 2031 (%)
Figure 21. Vitamins Market, by Applications, 2021 (%)
Figure 22. Comparative Share Analysis of Digestive Health Vitamins Market, 2021 and 2031 (%)
Figure 23. Comparative Share Analysis of Immunity Vitamins Market, 2021 and 2031 (%)
Figure 24. Comparative Share Analysis of Mental Health Vitamins Market, 2021 and 2031 (%)
Figure 25. Comparative Share Analysis of Cosmetics Vitamins Market, 2021 and 2031 (%)
Figure 26. Comparative Share Analysis of Performance Vitamins Market, 2021 and 2031 (%)
Figure 27. Comparative Share Analysis of Digestive Disorders Vitamins Market, 2021 and 2031 (%)
Figure 28. Comparative Share Analysis of Menstrual Health Vitamins Market, 2021 and 2031 (%)
Figure 29. Comparative Share Analysis of Pregnancy Vitamins Market, 2021 and 2031 (%)
Figure 30. Comparative Share Analysis of Sports and Performance Vitamins Market, 2021 and 2031 (%)
Figure 31. Comparative Share Analysis of Others Vitamins Market, 2021 and 2031 (%)
Figure 32. Vitamins Market by Region, 2021
Figure 33. U.S. Vitamins Market, 2021-2031 ($Million)
Figure 34. Canada Vitamins Market, 2021-2031 ($Million)
Figure 35. Mexico Vitamins Market, 2021-2031 ($Million)
Figure 36. Germany Vitamins Market, 2021-2031 ($Million)
Figure 37. France Vitamins Market, 2021-2031 ($Million)
Figure 38. Uk Vitamins Market, 2021-2031 ($Million)
Figure 39. Spain Vitamins Market, 2021-2031 ($Million)
Figure 40. Italy Vitamins Market, 2021-2031 ($Million)
Figure 41. Rest of Europe Vitamins Market, 2021-2031 ($Million)
Figure 42. China Vitamins Market, 2021-2031 ($Million)
Figure 43. India Vitamins Market, 2021-2031 ($Million)
Figure 44. Japan Vitamins Market, 2021-2031 ($Million)
Figure 45. Australia Vitamins Market, 2021-2031 ($Million)
Figure 46. South Korea Vitamins Market, 2021-2031 ($Million)
Figure 47. South East Asia Vitamins Market, 2021-2031 ($Million)
Figure 48. Rest of Asia-Pacific Vitamins Market, 2021-2031 ($Million)
Figure 49. Latin America Vitamins Market, 2021-2031 ($Million)
Figure 50. Middle East Vitamins Market, 2021-2031 ($Million)
Figure 51. Africa Vitamins Market, 2021-2031 ($Million)
Figure 52. Top Winning Strategies, by Year
Figure 53. Top Winning Strategies, by Development
Figure 54. Top Winning Strategies, by Company
Figure 55. Product Mapping of Top 10 Players
Figure 56. Competitive Dashboard
Figure 57. Competitive Heatmap of Top 10 Key Players
Figure 58. Top Player Positioning, 2021
Figure 59. Brother Enterprises Holding Co.Ltd.: Net Sales ($Million)
Figure 60. Zagro.: Net Sales ($Million)
Figure 61. Farbest Brands.: Net Sales ($Million)
Figure 62. Adisseo.: Net Sales ($Million)
Figure 63. Vitablend Nederland B.V..: Net Sales ($Million)
Figure 64. Vertellus.: Net Sales ($Million)
Figure 65. Glanbia plc.: Net Sales ($Million)
Figure 66. Zhejiang Garden Bio-Chemical High-Tech Co. Ltd.: Net Sales ($Million)
Figure 67. Lonza.: Net Sales ($Million)
Figure 68. Archer Daniels Midland Company.: Net Sales ($Million)
Figure 69. Basf Se.: Net Sales ($Million)
Figure 70. Stern Wywiol Gruppe.: Net Sales ($Million)
Figure 71. Wright Enrichment Inc.: Net Sales ($Million)
Figure 72. Koninklijke Dsm N.V..: Net Sales ($Million)
Figure 73. Jubilant Bhartia Group.: Net Sales ($Million)

Executive Summary

According to the report titled, “Vitamins Market," The vitamins market was valued at $28.8 billion in 2021, and is estimated to reach $59.2 billion by 2031, growing at a CAGR of 7.5% from 2021 to 2031.

Vitamins are organic compounds that require in small quantities for body function. Most vitamins need to come from food and vitamin supplement. There different types of vitamin supplements are available in the market which help to prevent vitamin deficiency as well as health conditions.

Key factors driving the growth of the vitamin market include a rise in health problems and various diseases among women, an increase in healthcare costs, and an increase in vitamin deficiencies among the child population. Vitamin supplements are intended to supplement the regular diet and are different from conventional food. Vitamins help in body development and proper body functions. Vitamins functions as hormones, coenzymes, and antioxidants that are essential for the proper functioning of the body. The changing food habits of consumers, busy and hectic life schedules, rise in employment levels, and rising awareness regarding the health benefits of consuming vitamin supplements are some of the prominent factors that are expected to boost the global vitamin supplements market growth in the forthcoming future. The busy and hectic schedule people do not allow them to maintain a proper diet, which leads to a deficiency of essential nutrients in the body. Therefore, the consumption of vitamin supplements is rising rapidly among consumers to fulfill their daily nutrients and vitamin intake that keeps the consumer healthy and active.

The market also offers growth opportunities to the key players in the market. Untapped developing market. Increase in the geriatric population. The market in Asia-Pacific offers lucrative growth opportunities for operating players, owing to the presence of countries such as India, China, and others. The increase in adoption of the western lifestyle, surge in population, and rise in disposable income of consumers majorly drive the growth of the vitamin market. Moreover, an increase in awareness regarding vitamin products and their associated benefits has further led to the growth of the market. Developing regions offer potential growth opportunities to market players for launching innovative vitamin supplement products. Moreover, countries in Latin America, such as Brazil, are anticipated to unfold attractive business opportunities, owing to an increase in awareness regarding vitamin supplements and vitamin-infused products and their health benefits.

According to the market analysis, the global vitamin market is segmented into the source, type, application, and region. By source, the market is divided into the plant, animal, and synthetic. Based on type, the market is divided into Vitamin A, Vitamin B, Vitamin C, Vitamin D, Vitamin E, and Vitamin K. By application, the market is divided into digestive health, immunity, mental health, cosmetics, performance, digestive disorders, menstrual health, pregnancy, sports & performance, and others. Region-wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Spain, Italy, rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, South East Asia and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

The key players profiled in the vitamins market analysis include Adisseo, Archer Daniels Midland Company, BASF SE, BROTHER ENTERPRISES HOLDING CO., LTD, Farbest Brands, Glanbia PLC, Jubilant Bhartia Group, Koninklijke DSM N.V., Lonza, Stern Wywiol Gruppe, Vertellus, Vitablend Nederland B.V., Wright Enrichment Inc, Zagro, and Zhejiang Garden Bio-chemical High-tech Co., Ltd.

Key Market Insights

  • By source, the plant segment was the highest revenue contributor to the market and is estimated to reach $ 22,707.1 million by 2031, with a CAGR of 7.7%. However, the animal segment is estimated to be the fastest-growing segment with a CAGR of 7.5% during the forecast period.
  • By type, the vitamin C segment dominated the global market and is estimated to reach $ 16,480.5 million by 2031, with a CAGR of 6.9%. However, the vitamin B segment is expected to be the fastest-growing segment during the vitamin market forecast.
  • Based on application, the immunity segment was the highest revenue contributor to the market, with $6,330.5 million in 2021, and is estimated to reach $11,957.1 million by 2031, with a CAGR of 6.6%.
  • Based on region, North America was the highest revenue contributor, accounting for $11,110.4 million in 2021, and is estimated to reach $21,622.1 million by 2031, with a CAGR of 6.9%.

Companies Mentioned

  • BROTHER ENTERPRISES HOLDING CO.,LTD
  • Zagro
  • Farbest Brands
  • Adisseo
  • Vitablend Nederland B.V.
  • Vertellus
  • Glanbia PLC
  • Zhejiang Garden Bio-chemical High-tech Co., Ltd
  • Lonza
  • Archer Daniels Midland Company
  • BASF SE
  • Stern Wywiol Gruppe
  • Wright Enrichment Inc
  • Koninklijke DSM N.V.
  • Jubilant Bhartia Group

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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