The Next Frontier in Vitamin D Research and Its Health Implications
Akshit Shetty
SR. Research Analyst | Service Industry | Consumer Goods | IT and Telecom | Healthcare | Energy | Electronics and Semiconductor | Manufacturing & Construction | Food and Beverages | Chemical and Materials
Vitamin D Market Size Was Valued at USD 1,344.0 Million in 2022 and is Projected to Reach USD 2,344.0 Million by 2030, Growing at a CAGR of 7.2% From 2023-2030.
Phosphorus in the body and to maintain proper bone structure. Vitamin D is found in very few foods occurring naturally. There are different forms of vitamin D, which mainly include ergocalciferol (vitamin D2) and cholecalciferol (vitamin D3). Vitamin D is found in foods like fish, eggs, and milk. Vitamin D is also produced and stored inside Human skin when exposed to sunlight. It is stored in fat and is released when sunlight is not available.
Vitamin D is also used in pet foods in necessary amounts. Other than that, Vitamin D has many skin and personal care benefits and is used as an anti-inflammatory substance for the skin and protects it from germs and harmful chemicals by acting as a skin barrier. All these outcomes that can be achieved through Vitamin D in improving health and metabolism are promising market growth during the forecast period.
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Some of the key players in Vitamin D Market include:
Abbott (US),Pfizer Inc. (US),Merck & Co., Inc. (US),Sanofi (US),GlaxoSmithKline plc (UK),Novartis International AG (Switzerland),Torrent Pharmaceuticals Ltd. (India),Sun Pharmaceutical Industries Ltd. (India),Alkem Laboratories Ltd. (India),Cadila Healthcare Ltd. (India),DSM (Netherlands),BASF SE (Germany),Fermenta Biotech Limited (India),Zhejiang Garden Biochemical High-tech Co., Ltd (China),Dishman Group (India),Taizhou Haisheng Pharmaceutical Co., Ltd. (China),Zhejiang Medicine Co., Ltd. (China),PHW Group (Germany),Bio-Tech Pharmacal (US),Divi's Nutraceuticals (India), And Other Major Players.
Segmentation Analysis of Vitamin D Market:
By Form
· Vitamin D2
· Vitamin D3
By Application
· Pharmaceuticals
· Fortified Food and Beverage
· Animal Feed
· Personal Care
By End User
· Adults
· Pregnant women
· Children
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Key Industry Developments in the Vitamin D Market:
In October 2022, Xtend, a Nutrabolt, expanded its product line of hydration & and recovery amino acids through the launch of its “Xtend Healthy Hydration Sticks”. It is an on-the-go type electrolyte supplement, which offers zero sugar hydration and is also a major source of vitamin D and B. The sticks are available in three different flavors including strawberry banana, lemon-lime, and raspberry lemonade.
In April 2022, Abbott, a leading global healthcare product and services provider announced the launch of Arachitol Gummies in India, which is a type of dietary supplement that helps in maintaining required levels of vitamin D. As of now, the product is launched is orange flavor and are approved by Food Safety and Standards Authority in India. It’s a crucial step to fill the nutritional gaps and enhance the health of the human body.
Region and Country level Analysis:
· North America (U.S., Canada, Mexico)
· Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
· Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
· Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
· Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
· South America (Brazil, Argentina, Rest of SA)
The latest research on the Vitamin D Market provides a comprehensive overview of the market for the years 2024 to 2032. It gives a comprehensive picture of the global Vitamin D Market industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Vitamin D Market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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