Market Overview:
The global Menaquinones market is expected to grow at a CAGR of XX% and reach a market value of USD XX million by 2030. The key factors driving the growth of the global Menaquinones market include rising demand for Menaquinones in medical and chemical applications, growing awareness about the benefits of Menaquinones, and increasing R&D investments in the field of menaquinone research. The global Menquinone market is segmented on the basis of type, application, and region. On the basis of type, it is divided into MK-4 and MK-7. On the basis on application, it is classified into medical applications such as dietary supplements and pharmaceuticals;and chemical applications such as agrochemicals intermediates catalysts additives solvents etc.). Region wise, it covers North America (U.S., Canada), Latin America (Mexico), Europe (Germany France Italy Spain U.K.), Asia Pacific (China Japan India South Korea Australia New Zealand) Middle East & Africa(GCC Countries Turkey Iran Israel South Africa).
Product Definition:
Menaquinones are a type of vitamin K. They are important for blood clotting and bone health.
MK-4:
Menaquinones are organic compounds derived from menhaden fish oil. They are a group of highly unsaturated fatty acids, which have been the focus of extensive research in recent years. The most important ones for human health are MK-4 (also known as Cetyl Menaquinone) and MK-7 (Cis,cis-muconic).
The product is used to treat skin disorders such as eczema.
MK-7:
Menaquinones are natural organic compounds derived from the metabolism of chia seeds. They are also found in certain vegetables and fruits such as blackcurrent, seaweed, pumpkin seed, sesame seed and sunflower. MK-7 is a type of menaquinone that is produced during the deamination (removal of amino groups) process in human body tissue cells or food items like meat & eggs.
Application Insights:
The medical application segment dominated the global market in 2017. The product is used as a menaquinone supplement to maintain cardiovascular health and reduce blood pressure. It also helps in maintaining cholesterol levels, which are essential for the maintenance of heart health. Increasing awareness about these benefits among consumers is expected to drive growth over the forecast period.
Menaquinones have been proven effective against several types of cancer including breast, prostate, lung and skin cancer due to their anti-oxidants properties that help remove free radicals from cells that lead to cell damage or death.
Chemical manufacturers use menaquinones as raw material owing to its high content of MK-4 (menadione) which has excellent antioxidant properties.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to maintain its position through the forecast period owing to increasing product consumption in countries, such as China and Japan. In addition, rising awareness regarding menaquinones among consumers of these countries is anticipated to fuel demand for dietary supplements that contain these nutrients.
Europe accounted for a significant share of revenue in 2017 due to high consumer awareness regarding health and wellness coupled with an increase in spending capacity among individuals across this region. Rising demand for menaquinones from Germany on account of their use as ingredients in cosmetic products is also expected to drive growth over the forecast period.
Growth Factors:
- Increasing demand for Menaquinones in food and dietary supplements industry as a source of Vitamin K2.
- Growing awareness about the health benefits of Menaquinones among consumers.
- Rising incidence of chronic diseases such as cancer, heart disease, and osteoporosis that can be prevented by consuming Menaquinones supplements on a regular basis.
- Technological advancements in the extraction and purification processes of Menaquinones that are making them more available and affordable to consumers worldwide. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Menaquinones Market Research Report
By Type
MK-4, MK-7
By Application
Medical, Chemical
By Companies
Kappa Bioscience, NattoPharma, Gnosis, DSM, Viridis BioPharma, International Flavors?Fragrances, DowDupont, GeneFerm Biotechnology
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Menaquinones Market Report Segments:
The global Menaquinones market is segmented on the basis of:
Types
MK-4, MK-7
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
Medical, Chemical
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:
- Kappa Bioscience
- NattoPharma
- Gnosis
- DSM
- Viridis BioPharma
- International Flavors?Fragrances
- DowDupont
- GeneFerm Biotechnology
Highlights of The Menaquinones 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:
- MK-4
- MK-7
- By Application:
- Medical
- Chemical
- 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 Menaquinones 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?
Menaquinones are a type of phytonutrient found in plant-based foods. Phytonutrients are chemicals that can protect plants from pests and diseases, and have been linked with a variety of health benefits, including cancer prevention. Menaquinones are specifically concentrated in menhaden oil, which is why they're often referred to as "menaquinone."
Some of the major players in the menaquinones market are Kappa Bioscience, NattoPharma, Gnosis, DSM, Viridis BioPharma, International Flavors?Fragrances, DowDupont, GeneFerm Biotechnology.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Menaquinones Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Menaquinones Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Menaquinones Market - Supply Chain
4.5. Global Menaquinones Market Forecast
4.5.1. Menaquinones Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Menaquinones Market Size (000 Units) and Y-o-Y Growth
4.5.3. Menaquinones Market Absolute $ Opportunity
5. Global Menaquinones Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Menaquinones Market Size and Volume Forecast by Type
5.3.1. MK-4
5.3.2. MK-7
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Menaquinones Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Menaquinones Market Size and Volume Forecast by Application
6.3.1. Medical
6.3.2. Chemical
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Menaquinones Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Menaquinones Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Menaquinones Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Menaquinones Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Menaquinones Demand Share Forecast, 2019-2026
9. North America Menaquinones Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Menaquinones Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Menaquinones Market Size and Volume Forecast by Application
9.4.1. Medical
9.4.2. Chemical
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Menaquinones Market Size and Volume Forecast by Type
9.7.1. MK-4
9.7.2. MK-7
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Menaquinones Demand Share Forecast, 2019-2026
10. Latin America Menaquinones Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Menaquinones Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Menaquinones Market Size and Volume Forecast by Application
10.4.1. Medical
10.4.2. Chemical
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Menaquinones Market Size and Volume Forecast by Type
10.7.1. MK-4
10.7.2. MK-7
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Menaquinones Demand Share Forecast, 2019-2026
11. Europe Menaquinones Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Menaquinones Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Menaquinones Market Size and Volume Forecast by Application
11.4.1. Medical
11.4.2. Chemical
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Menaquinones Market Size and Volume Forecast by Type
11.7.1. MK-4
11.7.2. MK-7
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Menaquinones Demand Share, 2019-2026
12. Asia Pacific Menaquinones Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Menaquinones Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Menaquinones Market Size and Volume Forecast by Application
12.4.1. Medical
12.4.2. Chemical
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Menaquinones Market Size and Volume Forecast by Type
12.7.1. MK-4
12.7.2. MK-7
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Menaquinones Demand Share, 2019-2026
13. Middle East & Africa Menaquinones Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Menaquinones Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Menaquinones Market Size and Volume Forecast by Application
13.4.1. Medical
13.4.2. Chemical
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Menaquinones Market Size and Volume Forecast by Type
13.7.1. MK-4
13.7.2. MK-7
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Menaquinones Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Menaquinones Market: Market Share Analysis
14.2. Menaquinones Distributors and Customers
14.3. Menaquinones Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Kappa Bioscience
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. NattoPharma
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Gnosis
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. DSM
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Viridis BioPharma
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. International Flavors?Fragrances
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. DowDupont
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. GeneFerm Biotechnology
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
