What is Prenatal Vitamin Ingredient?
Increasing health awareness among pregnant females owing to birth defect risk and low birth weight of the baby will help to boost global Prenatal Vitamin Ingredient market in the forecasted period. Prenatal vitamin ingredients inhibit neural tube birth defects and contribute to maintaining the bone density of the mother. Rising maternity supplements and vitamins prescription, Increasing disposable income has increased consumer expenditure on high-performance supplements, growing birth rates with the removal of the one-child policy in the country along with the growing rate of birth defects and malnutrition shall trigger the market size.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Pharmavite (United States), MegaFood (United States), Biotics Research Corporation (United States), Twinlab Corporation (United States), Deva Nutrition (West Indies), Garden of Life (United States) and Rainbow Light (United States) |
CAGR | 6.1% |
Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Prenatal Vitamin Ingredient market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Pharmavite (United States), MegaFood (United States), Biotics Research Corporation (United States), Twinlab Corporation (United States), Deva Nutrition (West Indies), Garden of Life (United States) and Rainbow Light (United States) are some of the key players that are part of study coverage.
The market study is broken down by Type (Vitamin, Calcium, Iron, Zinc, EPA/DHA, Magnesium and Others) and major geographies with country level break-up.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Prenatal Vitamin Ingredient market by Type, Application and Region.
On the basis of geography, the market of Prenatal Vitamin Ingredient has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2021. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Function, the sub-segment i.e. Neural & Brain Development will boost the Prenatal Vitamin Ingredient market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Capsule will boost the Prenatal Vitamin Ingredient market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Vitamins, the sub-segment i.e. Vitamin A will boost the Prenatal Vitamin Ingredient market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
March 26, 2019, Tespo, the in-home health, and wellness company, and Pharmavite LLC, the maker of Nature Made vitamins, minerals, and supplements, has announced their collaboration to deliver Nature Made vitamin pods for Tespo’s patent-pending vitamin dispenser systems.
On 5th March 2019, MegaFood has Launched Complete Line of Certified Glyphosate Residue Free Chewable Multivitamins at Natural Products Expo West
Market Trend
- Growing Risk of Lifestyle Disorders by Providing Sufficient Nutrients and Enhance Body Metabolism
- High Potential for Overall Vitamin Ingredients Demand from Wide Range of Application
Market Drivers
- Rising Well-being Concerns Among Pregnant Women owing to Lack of Vital Vitamins
- Increasing Demand for Premium Supplements
Opportunities
- Rising Technological Advancements along with Investments in R&D have Enabled Manufacturers
- Growing Awareness about Child and Mother Health in Emerging Economics
Restraints
- High Consumption Causes Side Effects
Challenges
- Stringent Government Regulations Regarding Prenatal Vitamin Ingredient
Key Target Audience
Prenatal Vitamin Ingredient Providers, Suppliers and Distributors, Industry Associations, Government Research Organizations, Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.