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Vitamins Market 2020-2026: Consumption Growth Rate and Opportunities

An extensive study of the product application and services conducted by subject matter experts assessing the global market will help product owners to make a wise decision.

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Vitamins Market 2020-2026: Consumption Growth Rate and Opportunities

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  1. Vitamins Market To Reach USD 10.12 Billion By 2026

  2. Market Summary The major driving factors for growth are increased cases of malnutrition, growth in the demand for functional and nutritionally enriched processed food products and feed fortification, increasing consumer awareness. Market Size – USD 5.1 Billion in 2018, Market Growth - CAGR of 7.3%, Market Trends – The constrained supply of raw materials for natural vitamins coupled with high Costs are key restraints According to the current analysis of Reports and Data, the Global Vitamins market was valued at USD 5.1 Billion in 2018 and is expected to reach USD 10.12 Billion by year 2026, at a CAGR of 7.3%.

  3. Our Approach Our Approach Market Summary Vitamins are widely used as dietary supplements. They are commonly prescribed by physicians as a medication for mild illness to severe chronic illnesses. It is believed that they help in enhancing immunity, improve wellbeing and aid in faster recovery of the illness. They are organic substances that must be provided in small quantities from environment, because they either cannot be synthesized in human body or their rate of synthesis is inadequate for maintenance of health. They are also self-prescribed by healthy people for enhancing their health, supplementing nutrition and prevention of minor ailments. It has been reported that these ingredients are one of the most common types of dietary supplements in the United States. According to WHO, a projected 250 million preschool children are retinol deficient and it is likely that in vitamin A deficient areas a substantial proportion of pregnant women are retinol deficient. The increase in per-capita income with rising health awareness among people is driving the market. Furthermore, with ageing it becomes difficult for body to absorb vitamins directly from the normal food and hence these supplements become a necessity. However, the manufacturing of vitamins supplements is not uniform and strict government regulations for the production are hampering the industry. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/2464

  4. Our Approach Our Approach Market Summary Further key findings from the report suggest • By application, healthcare products are anticipated to grow at a CAGR of about 6.5% during the analysis period. The growth of this segment can be attributed to the increased malnutrition cases across the world which is in turn rising the demand for the vitamins. • Asia Pacific is estimated to dominate the vitamins market in 2020 and is also projected to grow at the highest CAGR of 7.9% from 2018 to 2026. The market in this region is majorly driven by China, which is the largest producer, exporter, and consumer of vitamins. Further, the rise in incomes, increase in purchasing power, and significant consumer demand for nutritional & healthy products are also driving the consumption in various industries in the region. • Further, the market in Asia Pacific is also experiencing growth due to its growing application in the animal feed industry. The region accounts for the largest livestock population and caters to significant demands for livestock-based products such as milk, egg, meat and others…Continued To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report- detail/vitamins-market

  5. Our Approach Our Approach Market Summary Key participants Archer Daniels Midland Company, BASF SE, Btsa Biotecnologías Aplicadas AS, Farbest Brands, Glanbia PLC, Lonza Group Ltd., Rabar Pty., Ltd., Royal DSM NV, Showa Denko K.K, Pharmavitte and others. Segments Covered in the report: By Type (Volume Metric Tons, Revenue, USD Million; 2019-2026) • Vitamin B • Vitamin E • Vitamin D • Vitamin C • Vitamin A • Vitamin K By Source (Volume Metric Tons, Revenue, USD Million; 2019-2026) • Synthetic • Natural

  6. Our Approach Our Approach Market Summary By Application (Volume Metric Tons, Revenue, USD Million; 2019-2026) • Healthcare Products • Food & Beverages • Feed • Personal care products Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026) • North America • Europe • Asia Pacific • MEA • Latin America • Others Order Now: https://www.reportsanddata.com/checkout-form/2464

  7. Our Approach Our Approach About Us About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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