According to the current analysis of Reports and Data, the global vitamin D market was valued at USD 1,141.2 Million in 2020 and is expected to reach USD 1,888.5 Million by year 2028, at a CAGR of 6.40%. The vitamin D is an essential factor in maintaining health. Vitamin D is a pro-hormone that regulates the body’s calcium and phosphate levels in bone mineralization. It is also crucial for the increase in immunization of the body, regulation of cells of the body, and rapid increase of cells. Therefore vitamin D is a powerful source with multiple effects, which helps to maintain the body at optimum capacity. The most common advantages of vitamin D in the body which helps to maintain the health of the bones, prevention of flu, decrease the risk associated with diabetes, helps to prevent cancer cells in the body.
The exposure to the sun is the most common way of intake of vitamin D but there are some food options which provides vitamin D to the body such as, tuna fish, sardine fish, mushrooms, salmon, eggs, cod liver oil, etc. and there are some supplements available as a source for vitamin D. It is always recommended to get vitamin D from natural sources instead of supplements as the many of the supplements in the market monitored for safety by the regulatory authorities which could be harmful.
The significant deficiencies such as diabetes, depression, cancer could be for long periods of time. Therefore to avoid these deficiencies is very important and this fact is driving the growth for the vitamin D market. While the side effects because incomplete information by the consumers and having an excess intake of vitamin D such as hardening of heart, liver, blood could hinder the market growth of vitamin D.
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The report provides an in-depth analysis of the key developments and innovations of the market such as research and development advancements, product launches, mergers acquisitions, joint ventures, partnerships, government deals, and collaborations. The report offers a comprehensive assessment of key players in the market along with their global position, financial standing, business expansion plans, production and manufacturing capacity, and strategic alliances.
Key players in the market include
Abbott Laboratories, Mankind Pharma, Zhejiang Xinhecheng Co. Ltd., Cipla, Sun Pharmaceutical Industries Ltd., GlaxoSmithKline, Merck, Novartis, Pfizer, and Sanofi.
Furthermore, the report segments Vitamin D market on the basis of key product types and applications and provides details about the revenue growth, revenue CAGR, and revenue share each segment is expected to register over the forecast period.
By Type (Revenue in USD Million; Volume in Tons, 2018–2028)
- Vitamin D3
- Vitamin D2
By Application Type (Revenue in USD Million; Volume in Tons, 2018–2028)
- Food Beverages
- Personal care
- Other Applications
By Type of Test (Revenue in USD Million; Volume in Tons, 2018–2028)
- 25 Hydroxy
- 25 Dihydroxy
By End Use (Revenue in USD Million; Volume in Tons, 2018–2028)
- Pregnant Women
For a better understanding of the global Vitamin D market dynamics, a regional analysis of the market across key geographical areas is offered in the report. The market is spread across key geographical regions such as North America, Europe, Latin America, Asia Pacific, and Middle East Africa. Each region is analysed on the basis of the market scenario in the major countries of the regions to provide a deeper understanding of the market. It provides insights into production and consumption patterns, supply and demand ratio, export/import, current and emerging trends and demands, market share, market size, revenue contribution, and presence of key players in each region.
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In-depth regional analysis includes:
- North America (U.S., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of EU)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Benefits of the Global Vitamin D Report:
- Comprehensive analysis of the opportunities and risks of the Vitamin D market
- Detailed study of the latest product and technological developments and innovations of the Vitamin D market
- Business strategies and plans are analysed for understanding the Vitamin D market scenario
- Revenue forecast of Vitamin D market for the forecast period 2020-2026
- Comprehensive analysis of the drivers, constraints, limitations, challenges, and opportunities
- Latest and emerging market trends analysis and their impact on product and application demand
- Study of recent MA, joint ventures, collaborations, partnerships, product launches and brand promotions among others
- Extensive SWOT analysis and Porter’s Five Forces analysis along with investment return analysis and feasibility
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