Vitamins Market By Reports And Data
Vitamins Market To Reach USD
10.12 Billion By 2026
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Market Summary
The major driving factors for growth are increased cases of
malnutrition, growth in the demand for functional and
nutritionally enriched processed food products and feed
fortification, increasing consumer awareness.
Market Size – USD 5.1 Billion in 2018, Market Growth - CAGR of
7.3%, Market Trends – The constrained supply of raw materials
for natural vitamins coupled with high Costs are key restraints
According to the current analysis of Reports and Data, the Global
Vitamins market was valued at USD 5.1 Billion in 2018 and is
expected to reach USD 10.12 Billion by year 2026, at a CAGR of
7.3%.
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Vitamins are widely used as dietary supplements. They are commonly prescribed by physicians as a
medication for mild illness to severe chronic illnesses. It is believed that they help in enhancing immunity,
improve wellbeing and aid in faster recovery of the illness. They are organic substances that must be
provided in small quantities from environment, because they either cannot be synthesized in human body
or their rate of synthesis is inadequate for maintenance of health. They are also self-prescribed by healthy
people for enhancing their health, supplementing nutrition and prevention of minor ailments. It has been
reported that these ingredients are one of the most common types of dietary supplements in the United
States.
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Key competitors in the vitamins market are Archer Daniels Midland Company, BASF SE, Btsa
Biotecnologías Aplicadas AS, Farbest Brands, Glanbia PLC, Lonza Group Ltd., Rabar Pty., Ltd., Royal DSM
NV, Showa Denko K.K, Pharmavitte and others.
This report forecasts revenue growth at a global, regional & country level, and gives an in-depth analysis
of the market trends in each of the sub-segments from 2016 to 2026. For this study, Reports and Data
have segmented the market based on source, type, application, and region:
By Type (Volume Metric Tons, Revenue, USD Million; 2019-2026)
• Vitamin B
• Vitamin E
• Vitamin D
• Vitamin C
• Vitamin A
• Vitamin K
By Source (Volume Metric Tons, Revenue, USD Million; 2019-2026)
• Synthetic
• Natural
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By Application (Volume Metric Tons, Revenue, USD Million; 2019-2026)
• Healthcare Products
• Food & Beverages
• Feed
• Personal care products
Regional Outlook (Volume Metric Tons, Revenue, USD Million; 2019-2026)
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
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About Us
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