What is Vitamin Ingredients Market?
Vitamins ingredient is vital for normal health and growth. There are various benefits of using vitamins ingredient such as prevent illness, improve immunity, among others. It is widely used in various application such as packaged and processed, food and beverage, cosmetics, pharmaceuticals, animal feed, among others. Growing awareness about lifestyle disease across the world and rising disposal income among middle-class families are likely to be the prime driver for market growth.
The market study is being classified by Type (Vitamin A, Vitamin B, Vitamin C, Vitamin D, Vitamin E, Vitamin K and Others), by Application (Packaged and Processed, Food and Beverage, Cosmetics, Pharmaceuticals, Animal Feed and Others) and major geographies with country level break-up.
Amway (United States), BASF SE (Germany), Koninklijke DSM N.V. (Netherland), E. I. du Pont de Nemours and Company (United States), Lonza Group AG (Switzerland), AIE Pharmaceuticals Inc. (United States), Atlantic Essential Products (United States), Bactolac Pharmaceutical Inc. (United States), Bluebonnet Nutrition Corporation (United States) and Glanbia Nutritionals (NA), Inc. (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Nulab (United States), Nutrilo GmbH (Germany), Parkacre Enterprises Ltd (United Kingdom), Pfizer Inc. (United States) and Private Label Nutraceuticals, LLC (United States).
The market is highly fragmented with the presence of various players operating in the market. Some of the major players operating in the market are Pfizer, BASF, Koninklijke DSM, Nestle, Lonza, Groupe Danone, among others. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Vitamin Ingredients market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Vitamin Ingredients market by Type, Application and Region.
On the basis of geography, the market of Vitamin Ingredients 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing usage of Vitamin Ingredient in Various Application
- Growing Incidence of Ophthalmic Illnesses and Upsurge in the Geriatric Population
- Rising Awareness about Lifestyle Disease across the world
Market Trend
- Rising Demand for Healthier and Nutritional Foods among Consumer
Restraints
- Stringent Government Regulation Regrading Vitamin Ingredient
Opportunities
- Growing Demand from Emerging Economics such as China, India, Brazil, among others
Challenges
- Lack of Awareness Regarding Dosage of Dietary Supplements
Key Target Audience
Manufacturers of Vitamin Ingredients, Suppliers of Vitamin Ingredients, Wholesalers, Distributors, and Retailers of Vitamin Ingredients, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others