Market Overview:
The global food grade vitamin D3 market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for vitamin D3 from the food industry, pharmaceuticals industry, and feed industry. The key players in this market are expected to focus on product innovation and expanding their geographical presence in order to capture a larger share of the global food grade vitamin D3 market.
Product Definition:
Food grade vitamin D3 is a form of the vitamin that is suitable for human consumption. It is typically used in supplements and fortified foods. Food grade vitamin D3 has a higher purity than other forms of the vitamin, and it is less likely to cause adverse effects. The importance of food grade vitamin D3 depends on its intended use. For example, it may be used to improve bone health or to boost the immune system.
Vitamin D3 Oil:
Vitamin D3 oil is a clear liquid derived from animal and plant fats, which aids in maintaining the calcium content of the body. It also helps in increasing the absorption of calcium from food as well as supplements. The product is used for improving bone and dental health, immune function, cell growth & differentiation, muscle strength & relaxation along with lowering blood pressure levels.
Vitamin D3 Powder:
Food grade vitamin D3 is a white crystalline powder, which is used as an additive in food and beverage products to enhance their nutritional value. It has the ability to improve the nutritional quality of milk, yogurt, cereals and other cold drinks by enhancing their calcium content. Vitamin D3 also helps in reducing the risk of osteoporosis among postmenopausal women.
The global market for food-grade vitamin D3 was valued at USD 856 million in 2016.
Application Insights:
The global food grade vitamin D3 market has been segmented into three categories on the basis of application, namely food industry, pharmaceuticals industry and feed industry. The food application led the market in 2017 with a share of over 50% in terms of revenue. This is attributed to growing awareness about healthy eating habits among consumers across the globe. Furthermore, increasing demand for fortified dairy products on account of rising health concerns among consumers is expected to drive growth during the forecast period.
Vitamin D plays an important role in maintaining bone health which is increasingly becoming a concern for human nutritionists and healthcare professionals worldwide due to changing climate conditions.
Regional Analysis:
North America was the largest market for food grade vitamin D3 and accounted for a share of more than 30.0% in 2017 owing to high consumption of dairy products and fortified milk. The region is expected to witness significant growth over the forecast period due to increasing awareness about nutritional enrichment among children and adults coupled with rising health concerns regarding deficiency of this vitamin.
Asia Pacific is anticipated to be one of the fastest-growing markets at a CAGR exceeding 6.5% from 2018 to 2030 owing to rapid urbanization, changing lifestyle, growing population, improving economic conditions leading consumers towards adopting western culture resulting into increased demand for fortified foods such as cereals, snacks & confectionaries which are majorly supplemented by dairy products thus driving industry growth in this region over the forecast period.
Growth Factors:
- Increasing demand for food grade vitamin D3 from dietary supplement and functional food manufacturers due to its health benefits.
- Rising awareness about the health benefits of food grade vitamin D3 among consumers, which is driving its demand in the global market.
- Growing use of food grade vitamin D3 in infant formula and other dairy products owing to its nutritional properties.
- Increasing applications of food grade vitamin D3 in bakery and confectionery products as a fortificant ingredient.
Scope Of The Report
Report Attributes
Report Details
Report Title
Food Grade Vitamin D3 Market Research Report
By Type
Vitamin D3 Oil, Vitamin D3 Powder, Vitamin D3 Crystallization
By Application
Food Industry, Pharmaceuticals Industry, Feed Industry
By Companies
Zhejiang Garden Biochemical High-tech, Taizhou Hisound Pharmaceutical, Kingdomway, NHU, DSM, BASF, Zhejiang Medicine, Fermenta
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Food Grade Vitamin D3 Market Report Segments:
The global Food Grade Vitamin D3 market is segmented on the basis of:
Types
Vitamin D3 Oil, Vitamin D3 Powder, Vitamin D3 Crystallization
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Industry, Pharmaceuticals Industry, Feed Industry
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Zhejiang Garden Biochemical High-tech
- Taizhou Hisound Pharmaceutical
- Kingdomway
- NHU
- DSM
- BASF
- Zhejiang Medicine
- Fermenta
Highlights of The Food Grade Vitamin D3 Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Vitamin D3 Oil
- Vitamin D3 Powder
- Vitamin D3 Crystallization
- By Application:
- Food Industry
- Pharmaceuticals Industry
- Feed Industry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Food Grade Vitamin D3 Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Some of the major players in the food grade vitamin d3 market are Zhejiang Garden Biochemical High-tech, Taizhou Hisound Pharmaceutical, Kingdomway, NHU, DSM, BASF, Zhejiang Medicine, Fermenta.
The food grade vitamin d3 market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Food Grade Vitamin D3 Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Food Grade Vitamin D3 Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Food Grade Vitamin D3 Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Food Grade Vitamin D3 Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Food Grade Vitamin D3 Market Size & Forecast, 2018-2028
4.5.1 Food Grade Vitamin D3 Market Size and Y-o-Y Growth
4.5.2 Food Grade Vitamin D3 Market Absolute $ Opportunity
Chapter 5 Global Food Grade Vitamin D3 Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Food Grade Vitamin D3 Market Size Forecast by Type
5.2.1 Vitamin D3 Oil
5.2.2 Vitamin D3 Powder
5.2.3 Vitamin D3 Crystallization
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Food Grade Vitamin D3 Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Food Grade Vitamin D3 Market Size Forecast by Applications
6.2.1 Food Industry
6.2.2 Pharmaceuticals Industry
6.2.3 Feed Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Food Grade Vitamin D3 Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Food Grade Vitamin D3 Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Food Grade Vitamin D3 Analysis and Forecast
9.1 Introduction
9.2 North America Food Grade Vitamin D3 Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Food Grade Vitamin D3 Market Size Forecast by Type
9.6.1 Vitamin D3 Oil
9.6.2 Vitamin D3 Powder
9.6.3 Vitamin D3 Crystallization
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Food Grade Vitamin D3 Market Size Forecast by Applications
9.10.1 Food Industry
9.10.2 Pharmaceuticals Industry
9.10.3 Feed Industry
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Food Grade Vitamin D3 Analysis and Forecast
10.1 Introduction
10.2 Europe Food Grade Vitamin D3 Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Food Grade Vitamin D3 Market Size Forecast by Type
10.6.1 Vitamin D3 Oil
10.6.2 Vitamin D3 Powder
10.6.3 Vitamin D3 Crystallization
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Food Grade Vitamin D3 Market Size Forecast by Applications
10.10.1 Food Industry
10.10.2 Pharmaceuticals Industry
10.10.3 Feed Industry
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Food Grade Vitamin D3 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Food Grade Vitamin D3 Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Food Grade Vitamin D3 Market Size Forecast by Type
11.6.1 Vitamin D3 Oil
11.6.2 Vitamin D3 Powder
11.6.3 Vitamin D3 Crystallization
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Food Grade Vitamin D3 Market Size Forecast by Applications
11.10.1 Food Industry
11.10.2 Pharmaceuticals Industry
11.10.3 Feed Industry
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Food Grade Vitamin D3 Analysis and Forecast
12.1 Introduction
12.2 Latin America Food Grade Vitamin D3 Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Food Grade Vitamin D3 Market Size Forecast by Type
12.6.1 Vitamin D3 Oil
12.6.2 Vitamin D3 Powder
12.6.3 Vitamin D3 Crystallization
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Food Grade Vitamin D3 Market Size Forecast by Applications
12.10.1 Food Industry
12.10.2 Pharmaceuticals Industry
12.10.3 Feed Industry
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Food Grade Vitamin D3 Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Food Grade Vitamin D3 Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Food Grade Vitamin D3 Market Size Forecast by Type
13.6.1 Vitamin D3 Oil
13.6.2 Vitamin D3 Powder
13.6.3 Vitamin D3 Crystallization
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Food Grade Vitamin D3 Market Size Forecast by Applications
13.10.1 Food Industry
13.10.2 Pharmaceuticals Industry
13.10.3 Feed Industry
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Food Grade Vitamin D3 Market: Competitive Dashboard
14.2 Global Food Grade Vitamin D3 Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zhejiang Garden Biochemical High-tech
14.3.2 Taizhou Hisound Pharmaceutical
14.3.3 Kingdomway
14.3.4 NHU
14.3.5 DSM
14.3.6 BASF
14.3.7 Zhejiang Medicine
14.3.8 Fermenta
