Market Overview:
The global 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 awareness about the health benefits of vitamin D3, rising demand for fortified foods and beverages, and growing use of vitamin D3 in pharmaceuticals industry. Based on type, the global vitamin D3 market is segmented into Vitamin D3 oil, Vitamin D3 powder, and Vitamin D3 crystallization. The Vitamin D3 oil segment is expected to account for the largest share of the global market in 2018. This can be attributed to its high absorption rate and easy usage compared with other forms of vitaminD 3 . The Pharmaceuticals industry segment is projected to grow at highest CAGR during forecast period owingto rising demand for nutraceuticals products worldwide.
Product Definition:
Vitamin D3 is a vitamin that is produced by the body in response to sunlight. It helps the body absorb calcium and phosphorus from food, which are necessary for strong bones.
Vitamin D3 Oil:
Vitamin D3 oil is a product that can be taken orally in the form of capsules or as a solution. It is also available in topical forms such as gels and creams. The vitamin D3 content of these products varies from 10% to 30%. Vitamin D3 oil has applications in treating patients with hypocalcemia, osteomalacia, rickets, and osteoporosis among others.
Vitamin D3 Powder:
Vitamin D3 powder is a nutritional supplement derived from the sun and has been used as a dietary supplement for over 60 years. Vitamin D3 is also known as cholecalciferol and can be found in animal products such as liver oil, egg yolk, butter, cheese, meat and fish. It helps regulate the immune system response to infections which aids its use in treating viral diseases including measles & chickenpox.
Application Insights:
The food industry application segment led the global vitamin D3 market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. The growing awareness regarding the importance of nutritional enrichment, coupled with rising demand for fortified dairy products and beverages, is expected to drive product demand in this segment over the coming years.
Vitamin D plays an important role in maintaining bone health as it helps absorb calcium from dietary sources and maintain its storage form i.e., bones; this factor is anticipated to boost its consumption from food applications over the coming years.
Regional Analysis:
North America was the largest market in 2016 and accounted for more than 35% of the global revenue. The region is expected to maintain its dominance over the forecast period owing to high awareness regarding vitamin D, coupled with a large base of elderly population. In addition, increasing prevalence of osteoporosis has led North America vitamin D3 market demand to increase significantly from 2017.
Asia Pacific is anticipated to be one of the fastest-growing markets at an estimated CAGR 6.5% from 2017 to 2030 due rising health concerns about deficiency and toxicity associated with UV light exposure coupled with growing food fortification initiatives in emerging economies such as China and India that are major consumers in this region including Philippines, Indonesia, Malaysia & Thailand among others).
Growth Factors:
- Increasing awareness about the health benefits of Vitamin D3 is expected to drive the market growth.
- Rising prevalence of lifestyle diseases such as obesity, diabetes, and heart diseases is anticipated to fuel the demand for Vitamin D3 supplements over the forecast period.
- Growing geriatric population is also projected to boost the uptake of Vitamin D3 supplements, as this population is more susceptible to vitamin deficiency disorders.
- Increasing research and development activities for new formulations and delivery methods of Vitamin D3 are likely to create opportunities for market growth in the coming years.
- rising trend of preventive healthcare will propel demand for vitamin d 3 supplements in near future
Scope Of The Report
Report Attributes
Report Details
Report Title
Vitamin D3 Market Research Report
By Type
Vitamin D3 Oil, Vitamin D3 Powder, Vitamin D3 Crystallization
By Application
Food Industry, Pharmaceuticals Industry
By Companies
Zhejiang Garden, Taizhou Hisong Chemical, Zhejiang NHU, Kingdomway Group, Zhejiang Medicine, DSM, BASF, Fermenta, Zhejiang Garden
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
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Vitamin D3 Market Report Segments:
The global 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
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
- Taizhou Hisong Chemical
- Zhejiang NHU
- Kingdomway Group
- Zhejiang Medicine
- DSM
- BASF
- Fermenta
- Zhejiang Garden
Highlights of The 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
- 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 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?
Vitamin D3 is a vitamin that helps the body absorb calcium and other minerals. It is also important for the immune system, bone health, and heart health.
Some of the major companies in the vitamin d3 market are Zhejiang Garden, Taizhou Hisong Chemical, Zhejiang NHU, Kingdomway Group, Zhejiang Medicine, DSM, BASF, Fermenta, Zhejiang Garden.
The 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 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 Vitamin D3 Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 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 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 Vitamin D3 Market Size & Forecast, 2020-2028
4.5.1 Vitamin D3 Market Size and Y-o-Y Growth
4.5.2 Vitamin D3 Market Absolute $ Opportunity
Chapter 5 Global 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 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 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 Market Size Forecast by Applications
6.2.1 Food Industry
6.2.2 Pharmaceuticals Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 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 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 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 Market Size Forecast by Applications
9.10.1 Food Industry
9.10.2 Pharmaceuticals 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 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 Market Size Forecast by Applications
10.10.1 Food Industry
10.10.2 Pharmaceuticals 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 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 Market Size Forecast by Applications
11.10.1 Food Industry
11.10.2 Pharmaceuticals 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 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 Market Size Forecast by Applications
12.10.1 Food Industry
12.10.2 Pharmaceuticals 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) 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) Market Size Forecast by Applications
13.10.1 Food Industry
13.10.2 Pharmaceuticals 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 Vitamin D3 Market: Competitive Dashboard
14.2 Global Vitamin D3 Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zhejiang Garden
14.3.2 Taizhou Hisong Chemical
14.3.3 Zhejiang NHU
14.3.4 Kingdomway Group
14.3.5 Zhejiang Medicine
14.3.6 DSM
14.3.7 BASF
14.3.8 Fermenta
14.3.9 Zhejiang Garden
