Vitamins and Derivatives Market is extremely important for proper development and functioning of the health
About
Vitamins
and Derivatives
market
Increasing level of awareness
about consuming healthy food, especially among aging population is
driving the demand for food products with vitamins and derivatives.
Consumption of such products has also increased in emerging economies
such as China, India and Brazil. Regular intake of vitamins and
derivatives is extremely important for proper development and
functioning of the health. Vitamins are added to a wide range of
healthcare products, which continue to witness an uptrend owing to
their growing importance in the fast-paced life of a modern consumer.
At the same time, increased consumption of vitamin supplements and
desires of having enhanced physical appearance has led to a greater
demand for vitamins and derivatives globally. Fact.MR’s recently
published report reveals that the global vitamins and derivatives
market will exhibit a steady growth during the forecast period
(2017-2026). In terms of volume, the market is expected to reach
165,075 tons by 2026-end. In recent years, trend of leading a
healthier and active life has become more prominent, which is fueling
the demand for functional food.
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global vitamin and derivatives
market
Vitamins and derivatives are also
used for making drugs to treatment of various metabolic syndrome
diseases. These essential nutrients have profound therapeutic
potential in the prevention and treatment of various chronic
ailments. Consumer are moving towards preventive healthcare and
products that can fulfill the daily nutrition quotient. Vitamins and
derivatives are available in the form of tablets, capsules, powder,
oral liquid and gummies and softgels. Some of these variants can be
consumed without medical prescription as well. Factors such as
expanding geriatric population, changing lifestyle, increasing
discretionary spending have partly influenced the global sales of
vitamins and derivatives.
North America to Remain the
Most Attractive Market for Vitamins and Derivatives
The
market in North America is expected to remain highly lucrative for
vitamins and derivatives throughout
the assessment period. The region’s market is projected to exhibit
a steady CAGR between 2017 and 2026. Use of vitamins and derivative
supplement is significantly high in the region. Americans are
increasingly inclining towards such products to ensure a balanced
diet.
Vitamin B a Leading Product
Type
Use of vitamin B is significantly
high across the globe. Vitamin B finds application in manufacturing
of various function food, cosmetics, and dietary supplements. The
global sales of vitamin B currently represents for more than
one-fourth share of the market in terms of revenue. Towards the end
of 2026, nearly US$ 7,355.2 Mn worth vitamin B is expected to be sold
worldwide.
Food & Beverage Will Remain
the Largest End-Use Industry
Use of vitamins and derivatives is
significantly high in the food and beverage industry. This is
primarily owing to increasing consumer preference for food and
beverage product that have high nutritional content and are healthy.
By 2026-end, more than US$ 6,900 Mn worth vitamins and derivatives
are expected to be used in the food and beverage industry.
(Additional information, including
cross-sectional data and country-wise analysis & forecast is
available in the report)
Competition Tracking
Some of the leading players
operating in the global vitamins and derivatives include Amway,
Herbalife, Glanbia PLC, ADM, DSM, Abott Laboratories,
GlaxoSmithKline, Glanbia, Bayer, Pfizer, Jubilant Life Sciences
Limited, Lonza Group Ltd, Atrium Innovations, Inc., Sanofi, Schiff
Nutrition International, Inc, BoehringerIngelheim Consumer Health
Care, Fermenta Biotech Ltd., CSPC Pharmaceutical Group Limited,
Bactolac Pharmaceutical, Inc., and Adisseo France S.A.S.
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Table of Contents
1. Global Economic Outlook
2. Global Vitamins and Derivatives
Market - Executive Summary
3. Global Vitamins and Derivatives
Market Overview
3.1. Introduction
3.1.1. Global Vitamins and
Derivatives Market Taxonomy
3.1.2. Global Vitamins and
Derivatives Market Definition
3.2. Global Vitamins and
Derivatives Market Value (US$ Mn) and Volume (Tonnes) Forecast,
2012-2026
3.2.1. Global Vitamins and
Derivatives Market Y-o-Y Growth
3.3. Global Vitamins &
Derivatives Market Dynamics
3.4. Value Chain
3.5. Consumer Trend Analysis
3.6. Trade Analysis
3.7. Regulations
3.8. Product Innovations
3.9. Product Life Cycle
3.10. PESTLE Analysis
3.11. Key Participants Market
Presence (Intensity Map) By Region
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