Latest Research Report on Vitamin
D Market begins with an extensive
presentation and then investigates broad into specific segments such as raw
material, application, end user, and region, policy study, value chain
structure, and upcoming trends in particular segments or regions. The report on
Vitamin D prepare a case for investments in different regions based on a practical
view of their regulatory outline, manufacturing dynamics, and availability of
skills and resources in that region.
Global Vitamin D Market is
expected to reach significant USD in billion by 2025. The body as a response to
sun exposure produces Vitamin D, also known as the sunshine vitamin. It is a
fat-soluble vitamin, which is naturally present in very few foods and available
as a dietary supplement. It is actually a pro-hormone rather than a vitamin.
Moreover, it is also produced when UV rays from sunlight strike the skin and
activate vitamin D synthesis.
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Vitamin D is necessary for
maintaining healthy bones and teeth, protect against disorders like cancer,
type 1 diabetes, and multiple sclerosis. The sun, supplements, and food are the
major source of vitamin D and these are biologically inert and should undergo
two hydroxylation in the body for activation. The Vitamin D Market is estimated
to grow at a significant CAGR over the forecast period as the scope and its
applications are rising enormously across the globe. Vitamin D Market is
segmented based on analog, test type, applications, end users, and region.
Vitamin D3 and Vitamin D2 are the analogs that could be explored in Vitamin D
in the forecast period.
There are several test
types that includes 1, 25-Dihydroxy Vitamin D Test, 25-Hydroxy Vitamin D Test,
and others that could be explored in Vitamin D in the forecast period.
25-Hydroxy Vitamin D Test sector accounted for the substantial market share of
Vitamin D and is estimated to lead the overall market in the years to come.
This is mainly due to the ability of the test to detect bone malfunctions, the
availability of various products, and recent commercialization.
The market may be
categorized based on applications like Personal Care, Functional Food &
Beverages, Animal Feed & Food, Pharmaceuticals, and others that could be
explored in the forecast period. Functional food & beverages sector
accounted for the substantial market share of Vitamin D and is estimated to
lead the overall market in the years to come. This may be because of the rising
application of vitamin D in functional food & beverages like milk, cheese,
and yogurt. Pregnant Women, Children, and Adults are the end users that could
be explored in Vitamin D in the forecast period.
Globally, North America
accounted for the substantial market share of Vitamin D and is estimated to
lead the overall market in the upcoming years. The reason being, the presence
of key players in the region, high awareness regarding regular screening, and
accessibility of various commercialized products in the region. Instead, Europe
and the Asia Pacific are also estimated to have a positive influence on the
future growth.
Europe is the second
largest region with significant market share. However, Asia Pacific is
estimated to grow at fastest pace with the highest CAGR in the foremost period.
The aspects that may be ascribed to the growth comprise rising demand in
developing countries like India, commercialization of tests in China and Japan,
and rising spending on healthcare.
The key players of Vitamin
D Market are ADM Alliance Nutrition, Inc., Nestlé S.A., Koninklijke DSM N.V.,
BASF, and Pfizer Inc. These players are concentrating on inorganic growth to
sustain themselves amongst fierce competition. As companies all over the world
have to believe that alliance with a market would permit them proportional
market existence and authority to declare the leadership position.
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