Market Overview:
The global vitamin ingredients market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for vitamins from various applications such as feed additives, pharmaceuticals and cosmetics, food and beverage, and others. Additionally, the growing awareness about the benefits of vitamins is also propelling the growth of this market. On the basis of type, the global vitamin ingredients market is segmented into vitamin A, vitamin B3 (niacin), vitamin B5 (pantothenic acid), vitamin D3 (cholecalciferol), Vitamin E (tocopherols), and Vitamin C (ascorbic acid). Among these segments, Vitamin A held a major share in 2017 owing to its high demand from various applications. On account of its numerous health benefits such as improving vision health and preventing night blindness among others; it is extensively used in feed additives as well as pharmaceuticals and cosmetics products. Furthermore, on account of rising awareness about preventive healthcare measures; demand for dietary supplements that contain high levels of Vitamin A are anticipated to increase over the forecast period thereby propelling growth in this segment.
Product Definition:
A vitamin is an organic molecule that is an essential part of the diet. A vitamin is either a water-soluble or fat-soluble vitamin.
Vitamin A:
Vitamin A is a fat-soluble vitamin required for the normal functioning of the eye, bone and skin. It also has several functions in the immune system and helps to maintain healthy mucous membranes. Vitamin A deficiency leads to poor night vision, dry eyes & nose, runny nose & colds, slow growth rate & soft bones in children along with an increased risk of blindness.
The main functions of vitamin A are carried out by two compounds known as retinol.
Vitamin B3:
Vitamin B3 is also known as thiamine and it is a water-soluble vitamin. It helps in the normal functioning of the body cells and aids in maintaining a healthy heart, digestive system, lungs & brain functions along with promoting growth & development.
Application Insights:
The feed additives segment held the largest share of over 50.0% in 2017. The application of vitamins and minerals in animal feed is expected to witness growth on account of increasing awareness among farmers about providing proper nutrition to animals so that they gain weight faster and become more profitable for the farmers.
Vitamins are added to animal feeds either directly as supplements or through a process known as fortification where the nutrients are added during processing or manufacturing of animal feed products such as meal, concentrate, pellet form etc. Fortification not only adds value but also improves nutrient content in processed forms which is likely to propel demand globally over the forecast period especially from countries like Brazil where meat consumption is high and growing at a rapid pace due to rising disposable income levels coupled with improved economic conditions resulting in increased spending on food & beverages which will further boost industry growth worldwide.
Regional Analysis:
Asia Pacific is expected to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to high demand for vitamin supplements and rising health awareness among consumers. In addition, increasing meat consumption in China and India is expected to drive product demand in these countries over the forecast period.
Europe was the second largest market for global vitamin ingredients after Asia Pacific on account of high consumption of nutritional products including multivitamins by consumers on account of rising health concerns among people coupled with aging demographics in this region.
North America accounted for a significant share due to large production base for feed additives used as an essential nutrient supplement by livestock farmers across U.S.
Growth Factors:
- Increasing awareness about the health benefits of vitamins and minerals is driving the demand for vitamin ingredients.
- Growing demand for fortified foods and dietary supplements is fueling the growth of vitamin ingredients market.
- Rising incidence of lifestyle diseases is propelling the demand for vitamin ingredients in nutraceuticals and pharmaceuticals industries.
- Rapid urbanization and changing lifestyles are leading to increasing consumption of processed foods, which in turn is boosting the demand for vitamin ingredients market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vitamin Ingredients Market Research Report
By Type
Vitamin A, Vitamin B3, Vitamin B5, Vitamin D3, Vitamin E, Vitamin C, Others
By Application
Feed Additives, Pharmaceuticals And Cosmetics, Food And Beverage, Others
By Companies
Amway, BASF, DSM, DuPont, Lonza, AIE Pharmaceuticals, Aland (Jiangsu) Nutraceutical, Atlantic Essential Products, Bactolac Pharmaceutical, Bluebonnet Nutrition, Amway, Kirkman, Nulab, Nutrilo, ParkAcre, Pfizer, Private Label Nutraceuticals
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
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Vitamin Ingredients Market Report Segments:
The global Vitamin Ingredients market is segmented on the basis of:
Types
Vitamin A, Vitamin B3, Vitamin B5, Vitamin D3, Vitamin E, Vitamin C, Others
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
Feed Additives, Pharmaceuticals And Cosmetics, Food And Beverage, Others
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:
- Amway
- BASF
- DSM
- DuPont
- Lonza
- AIE Pharmaceuticals
- Aland (Jiangsu) Nutraceutical
- Atlantic Essential Products
- Bactolac Pharmaceutical
- Bluebonnet Nutrition
- Amway
- Kirkman
- Nulab
- Nutrilo
- ParkAcre
- Pfizer
- Private Label Nutraceuticals
Highlights of The Vitamin Ingredients 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 A
- Vitamin B3
- Vitamin B5
- Vitamin D3
- Vitamin E
- Vitamin C
- Others
- By Application:
- Feed Additives
- Pharmaceuticals And Cosmetics
- Food And Beverage
- Others
- 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 Ingredients 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
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- Product & Brand Management
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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?
A vitamin is a nutrient found in food that the body needs to function properly. Vitamins are essential for growth and development, as well as for maintaining good health.
Some of the major companies in the vitamin ingredients market are Amway, BASF, DSM, DuPont, Lonza, AIE Pharmaceuticals, Aland (Jiangsu) Nutraceutical, Atlantic Essential Products, Bactolac Pharmaceutical, Bluebonnet Nutrition, Amway, Kirkman, Nulab, Nutrilo, ParkAcre, Pfizer, Private Label Nutraceuticals.
The vitamin ingredients market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vitamin Ingredients 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 Ingredients Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vitamin Ingredients 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 Ingredients 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 Ingredients Market Size & Forecast, 2020-2028
4.5.1 Vitamin Ingredients Market Size and Y-o-Y Growth
4.5.2 Vitamin Ingredients 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 A
5.2.2 Vitamin B3
5.2.3 Vitamin B5
5.2.4 Vitamin D3
5.2.5 Vitamin E
5.2.6 Vitamin C
5.2.7 Others
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 Feed Additives
6.2.2 Pharmaceuticals And Cosmetics
6.2.3 Food And Beverage
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vitamin Ingredients 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 Ingredients 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 A
9.6.2 Vitamin B3
9.6.3 Vitamin B5
9.6.4 Vitamin D3
9.6.5 Vitamin E
9.6.6 Vitamin C
9.6.7 Others
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 Feed Additives
9.10.2 Pharmaceuticals And Cosmetics
9.10.3 Food And Beverage
9.10.4 Others
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 A
10.6.2 Vitamin B3
10.6.3 Vitamin B5
10.6.4 Vitamin D3
10.6.5 Vitamin E
10.6.6 Vitamin C
10.6.7 Others
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 Feed Additives
10.10.2 Pharmaceuticals And Cosmetics
10.10.3 Food And Beverage
10.10.4 Others
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 A
11.6.2 Vitamin B3
11.6.3 Vitamin B5
11.6.4 Vitamin D3
11.6.5 Vitamin E
11.6.6 Vitamin C
11.6.7 Others
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 Feed Additives
11.10.2 Pharmaceuticals And Cosmetics
11.10.3 Food And Beverage
11.10.4 Others
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 A
12.6.2 Vitamin B3
12.6.3 Vitamin B5
12.6.4 Vitamin D3
12.6.5 Vitamin E
12.6.6 Vitamin C
12.6.7 Others
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 Feed Additives
12.10.2 Pharmaceuticals And Cosmetics
12.10.3 Food And Beverage
12.10.4 Others
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 A
13.6.2 Vitamin B3
13.6.3 Vitamin B5
13.6.4 Vitamin D3
13.6.5 Vitamin E
13.6.6 Vitamin C
13.6.7 Others
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 Feed Additives
13.10.2 Pharmaceuticals And Cosmetics
13.10.3 Food And Beverage
13.10.4 Others
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 Ingredients Market: Competitive Dashboard
14.2 Global Vitamin Ingredients Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amway
14.3.2 BASF
14.3.3 DSM
14.3.4 DuPont
14.3.5 Lonza
14.3.6 AIE Pharmaceuticals
14.3.7 Aland (Jiangsu) Nutraceutical
14.3.8 Atlantic Essential Products
14.3.9 Bactolac Pharmaceutical
14.3.10 Bluebonnet Nutrition
14.3.11 Amway
14.3.12 Kirkman
14.3.13 Nulab
14.3.14 Nutrilo
14.3.15 ParkAcre
14.3.16 Pfizer
14.3.17 Private Label Nutraceuticals
