Lucintel Forecasts the Global Vitamin Market to Reach $9.2 billion by 2030
Lucintel Forecasts the Global Vitamin Market to Reach $9.2 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global vitamin market looks promising with opportunities in the healthcare product, food & beverage, feed, and personal care product markets. The global vitamin market is expected to reach an estimated $9.2 billion by 2030 from $6.7 billion in 2024 at a CAGR of 5.4% from 2024 to 2030. The major drivers for this market are rising consumer interest in nutritionally enhanced processed foods and growing instances of vitamin deficiencies.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in vitamin market to 2030 by type (vitamin B, vitamin E, vitamin D, vitamin C, vitamin A, and vitamin K), source (natural and synthetic), application (healthcare products, food & beverages, feed, and personal care products), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that vitamin B is expected to witness the highest growth over the forecast period due to its widespread usage in the production of cosmetics, dairy items, dietary supplements, and pharmaceuticals.
Within this market, healthcare is expected to witness the highest growth over the forecast period.
Download sample by clicking on vitamin market
APAC will remain the largest region over the forecast period due to existence of major manufacturing units and significant demand for vitamins from processed foods, feed, and personal care industries in the region.
Koninklijke, Glanbia, BASF, Lonza, Adisseo, Vitablend, and Sternvitamin are the major suppliers in the vitamin market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.comTo get access of more than 1000 reports at fraction of cast visit Lucintel’s Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
Explore Our Latest Publications
UAV Fleet Management Market
Ultralight Camera Drone Market
Underwater Cinematography Drone Market
Wind Turbine Detection Drone Market
Environmental Intelligence Platform Market
Automotive Composite Suspension Components Market
Global UPR Market
LPG Cylinder Market
Thermoplastic Composites Market
BRIC Composite