What Is The Vitamin D Market Overview In 2022?
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The vitamin D market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 7%, as per The Business Research Company’s market report!
Read More On The Vitamin D Market Report 2022 – https://www.thebusinessresearchcompany.com/report/vitamin-d-global-market-report
The Vitamin D Market Size In 2022 And Forecast
The global vitamin D market is expected to grow from $1.25 billion in 2021 to $1.34 billion in 2022 at a compound annual growth rate (CAGR) of 7.09%. The global vitamin D market size is expected to grow to $1.78 billion in 2026 at a compound annual growth rate (CAGR) of 7.38%.
The vitamin D market consists of sales of vitamin D products by entities (organizations, sole traders, and partnerships) that are used in the regulation of calcium and phosphate levels in the body.
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The Rise In Incidences Of Osteoporosis In Women Is Driving The Growth Of The Vitamin D Market
For instance, according to the facts and statistics by the International Osteoporosis Foundation (IOF), in 2019, around 25.5 million women (22.1% of women aged +50) were expected to have osteoporosis across Europe. In addition, by 2025, the global incidence of hip fracture in women is expected to increase by 240%. Thus, the rise in incidences of osteoporosis in women will drive the growth of the vitamin D market.
Competitive Landscape And The Regional Analysis Of The Vitamin D Market
Major players in the vitamin D market are BASF, DSM, Fermenta Biotech, Xiamen Kingdomway Vitamin Co Ltd, Zhejiang Medicine, Cadila Pharmaceutical, Glanbia, Nestle, Pfizer, ADM Animal Nutrition, Nature’s Bounty, GlaxoSmithKline, Bayer, Abbott Nutrition, Amway, General Nutrition Centers, Otsuka Holdings, Everidis Health Sciences, Kraft Foods Group, Thorne Research, GHC Holdings and Dishman Group.
Additionally, as per TBRC’s research – North America was the largest region in the vitamin D market in 2021 holding the largest market share.
The Vitamin D Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the vitamin D market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the vitamin D market.
The Faster-Acting Vitamin D Supplement – A Key Trend In The Vitamin D Market
Faster-acting vitamin D supplements are nutrients that help to balance the optimal levels of vitamin D in the body more quickly than conventional vitamin D. These are innovative and effective vitamin D supplements used to treat patients with severe vitamin D deficiency faster and help them recover quickly. Key players are focusing on offering faster-acting vitamin D supplements to strengthen their market position.
Vitamin D Market Segmentation By The Business Research Company
1) By Type: Vitamin D3, Vitamin D2
2) By IU Strength: 500,000 IU, 100,000 IU, 40 MIU
3) By Form: Oil, Powder
4) By End User: Adults, Pregnant Women, Children
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