Vitamins Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Vitamin B, Vitamin E, Vitamin D, Vitamin C, Vitamin A, Vitamin K); Application (Healthcare products, Food and Beverages, Feed, Personal care products); Source (Synthetic, Natural), and Geography

Report Code : TIPRE00004543

No. of Pages : 150

Published Month : Sep 2024

Category : Consumer Goods

Description

The vitamins market is expected to register aCAGR of 7% during 2023–2031. Therising adoption of personalized nutrition and rising interest in plant-based vitamins options are likely to remain a key trend in the market.

Vitamins Market Analysis

In order to meet growing consumer demand for solutions that are both healthier and more nutritionally advantageous, vitamin fortification is becoming increasingly popular with food and beverage manufacturers.
New and better vitamin formulations are created through continued research and development activities.
These formulations consist of forms and combinations that are more bioavailable for the purpose of treating some health problems.
High-impact advancements in vitamin formulation could unlock significant growth potential in the market.

Vitamins Market Overview

Vitamins are organic molecules that are essential to an organism in small quantities for proper metabolic function.
The growing number of health-conscious consumers who seek to incorporate vitamins into their daily diet is a major driver for the worldwide vitamin supplements market.
The growing awareness of the link between diet and overall health has led to this trend.
Health-conscious consumers seek to maintain optimal health and well-being, resulting in rising demand for vitamin supplements.
As a result, the market is witnessing a surge in consumer interest, driving the growth of the vitamin supplements industry worldwide.

Strategic Insights

Vitamins Market Drivers and Opportunities

Growing health consciousness among population is expected to drive the growth of the vitamins market

Increasing health awareness across all age groups is significantly propelling the vitamins market forward. This trend is characterized by a growing interest in preventive healthcare, wellness, and nutrition.
Consumers are becoming more educated about the role of vitamins in maintaining overall health, boosting immunity, and potentially preventing chronic diseases.
Social media and digital platforms have played a crucial role in disseminating health information, making consumers more proactive about their nutritional intake.
There's a noticeable shift towards self-care and holistic wellness, with vitamins seen as an accessible and relatively affordable way to supplement one's diet and lifestyle.
This health-conscious mindset is not limited to any particular demographic; it spans across generations, from health-savvy millennials to baby boomers focused on aging well.

Rise of e-commerce and direct-to-consumer models

The shift towards e-commerce and D2C models in the vitamins market is fundamentally changing how these products are sold and marketed.
This trend allows vitamin brands to bypass traditional retail channels and connect directly with consumers.
Online platforms enable more detailed product information, educational content, and personalized recommendations, addressing consumers' growing desire for transparency and tailored health solutions.
Subscription-based models are gaining popularity, offering convenience and encouraging regular vitamin intake.
E-commerce also facilitates data collection on consumer preferences and behaviors, enabling brands to refine their marketing strategies and product offerings.

Vitamins Market Report Segmentation Analysis

Key segments that contributed to the derivation of the vitamins market analysis are type, application and source.

Based on type, the vitamins market is segmented into vitamin B, vitamin E, vitamin D, vitamin C, vitamin A, and vitamin K.
Based on application, the vitamins market is segmented into healthcare products, food and beverages, feed, and personal care products.
Based on source, the vitamins market is divided into synthetic, and natural.

Vitamins Market Share Analysis by Geography

Vitamins Market Report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering vitamins market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
Also, the report covers Porter’s Five Forces analysis, which involves the study of major factors that influence the vitamins market in these regions.

Vitamins Market Report Scope

Vitamins Market News and Recent Developments

The vitamins market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the vitamins market are listed below:

Abbott, Real Madrid and the Real Madrid Foundation announced today the extension of their partnership through Real Madrid's 2031-27 season. Abbott will remain Global Health Sciences and Nutrition Partner of Real Madrid Football Club and Global Partner of the Real Madrid Foundation. (Source: Newsletter, Abbott, Mar 2024)
Glanbia plc, the global nutrition Group ("Glanbia", or the "plc") has been informed by Glanbia Cooperative Society Ltd (the "Co-op") that its members have approved the proposed acquisition of the plc’s 40% interest in Glanbia Ireland DAC (“Glanbia Ireland”) by the Co-op (the “Proposed Transaction”) and other related proposals, at a special general meeting (“SGM”) held today. (Source: Newsletter, Glanbia plc, Dec 2021)

Vitamins Market Report Coverage and Deliverables

The “Vitamins Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

Vitamins market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
Vitamins market trends as well as market dynamics such as drivers, restraints, and key opportunities
Detailed PEST/Porter’s Five Forces and SWOT analysis
Vitamins market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the vitamins market
Detailed company profiles

Table of contents

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Vitamins Market - By Type
1.3.2 Vitamins Market - By Application
1.3.3 Vitamins Market - By Source
1.3.4 Vitamins Market - By Region
1.3.4.1 By Country

2. KEY TAKEWAYS

3. RESEARCH METHODOLOGY

4. VITAMINS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS

5. VITAMINS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC

6. VITAMINS MARKET - GLOBAL MARKET ANALYSIS
6.1. VITAMINS - GLOBAL MARKET OVERVIEW
6.2. VITAMINS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. VITAMINS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. VITAMIN B
7.3.1. Overview
7.3.2. Vitamin B Market Forecast and Analysis
7.4. VITAMIN E
7.4.1. Overview
7.4.2. Vitamin E Market Forecast and Analysis
7.5. VITAMIN D
7.5.1. Overview
7.5.2. Vitamin D Market Forecast and Analysis
7.6. VITAMIN C
7.6.1. Overview
7.6.2. Vitamin C Market Forecast and Analysis
7.7. VITAMIN A
7.7.1. Overview
7.7.2. Vitamin A Market Forecast and Analysis
7.8. VITAMIN K
7.8.1. Overview
7.8.2. Vitamin K Market Forecast and Analysis
8. VITAMINS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. HEALTHCARE PRODUCTS
8.3.1. Overview
8.3.2. Healthcare products Market Forecast and Analysis
8.4. FOOD AND BEVERAGES
8.4.1. Overview
8.4.2. Food and Beverages Market Forecast and Analysis
8.5. FEED
8.5.1. Overview
8.5.2. Feed Market Forecast and Analysis
8.6. PERSONAL CARE PRODUCTS
8.6.1. Overview
8.6.2. Personal care products Market Forecast and Analysis
9. VITAMINS MARKET - REVENUE AND FORECASTS TO 2028 - SOURCE
9.1. OVERVIEW
9.2. SOURCE MARKET FORECASTS AND ANALYSIS
9.3. SYNTHETIC
9.3.1. Overview
9.3.2. Synthetic Market Forecast and Analysis
9.4. NATURAL
9.4.1. Overview
9.4.2. Natural Market Forecast and Analysis

10. VITAMINS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Vitamins Market Overview
10.1.2 North America Vitamins Market Forecasts and Analysis
10.1.3 North America Vitamins Market Forecasts and Analysis - By Type
10.1.4 North America Vitamins Market Forecasts and Analysis - By Application
10.1.5 North America Vitamins Market Forecasts and Analysis - By Source
10.1.6 North America Vitamins Market Forecasts and Analysis - By Countries
10.1.6.1 United States Vitamins Market
10.1.6.1.1 United States Vitamins Market by Type
10.1.6.1.2 United States Vitamins Market by Application
10.1.6.1.3 United States Vitamins Market by Source
10.1.6.2 Canada Vitamins Market
10.1.6.2.1 Canada Vitamins Market by Type
10.1.6.2.2 Canada Vitamins Market by Application
10.1.6.2.3 Canada Vitamins Market by Source
10.1.6.3 Mexico Vitamins Market
10.1.6.3.1 Mexico Vitamins Market by Type
10.1.6.3.2 Mexico Vitamins Market by Application
10.1.6.3.3 Mexico Vitamins Market by Source
10.2. EUROPE
10.2.1 Europe Vitamins Market Overview
10.2.2 Europe Vitamins Market Forecasts and Analysis
10.2.3 Europe Vitamins Market Forecasts and Analysis - By Type
10.2.4 Europe Vitamins Market Forecasts and Analysis - By Application
10.2.5 Europe Vitamins Market Forecasts and Analysis - By Source
10.2.6 Europe Vitamins Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Vitamins Market
10.2.6.1.1 Germany Vitamins Market by Type
10.2.6.1.2 Germany Vitamins Market by Application
10.2.6.1.3 Germany Vitamins Market by Source
10.2.6.2 France Vitamins Market
10.2.6.2.1 France Vitamins Market by Type
10.2.6.2.2 France Vitamins Market by Application
10.2.6.2.3 France Vitamins Market by Source
10.2.6.3 Italy Vitamins Market
10.2.6.3.1 Italy Vitamins Market by Type
10.2.6.3.2 Italy Vitamins Market by Application
10.2.6.3.3 Italy Vitamins Market by Source
10.2.6.4 United Kingdom Vitamins Market
10.2.6.4.1 United Kingdom Vitamins Market by Type
10.2.6.4.2 United Kingdom Vitamins Market by Application
10.2.6.4.3 United Kingdom Vitamins Market by Source
10.2.6.5 Russia Vitamins Market
10.2.6.5.1 Russia Vitamins Market by Type
10.2.6.5.2 Russia Vitamins Market by Application
10.2.6.5.3 Russia Vitamins Market by Source
10.2.6.6 Rest of Europe Vitamins Market
10.2.6.6.1 Rest of Europe Vitamins Market by Type
10.2.6.6.2 Rest of Europe Vitamins Market by Application
10.2.6.6.3 Rest of Europe Vitamins Market by Source
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Vitamins Market Overview
10.3.2 Asia-Pacific Vitamins Market Forecasts and Analysis
10.3.3 Asia-Pacific Vitamins Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Vitamins Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Vitamins Market Forecasts and Analysis - By Source
10.3.6 Asia-Pacific Vitamins Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Vitamins Market
10.3.6.1.1 Australia Vitamins Market by Type
10.3.6.1.2 Australia Vitamins Market by Application
10.3.6.1.3 Australia Vitamins Market by Source
10.3.6.2 China Vitamins Market
10.3.6.2.1 China Vitamins Market by Type
10.3.6.2.2 China Vitamins Market by Application
10.3.6.2.3 China Vitamins Market by Source
10.3.6.3 India Vitamins Market
10.3.6.3.1 India Vitamins Market by Type
10.3.6.3.2 India Vitamins Market by Application
10.3.6.3.3 India Vitamins Market by Source
10.3.6.4 Japan Vitamins Market
10.3.6.4.1 Japan Vitamins Market by Type
10.3.6.4.2 Japan Vitamins Market by Application
10.3.6.4.3 Japan Vitamins Market by Source
10.3.6.5 South Korea Vitamins Market
10.3.6.5.1 South Korea Vitamins Market by Type
10.3.6.5.2 South Korea Vitamins Market by Application
10.3.6.5.3 South Korea Vitamins Market by Source
10.3.6.6 Rest of Asia-Pacific Vitamins Market
10.3.6.6.1 Rest of Asia-Pacific Vitamins Market by Type
10.3.6.6.2 Rest of Asia-Pacific Vitamins Market by Application
10.3.6.6.3 Rest of Asia-Pacific Vitamins Market by Source
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Vitamins Market Overview
10.4.2 Middle East and Africa Vitamins Market Forecasts and Analysis
10.4.3 Middle East and Africa Vitamins Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Vitamins Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Vitamins Market Forecasts and Analysis - By Source
10.4.6 Middle East and Africa Vitamins Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Vitamins Market
10.4.6.1.1 South Africa Vitamins Market by Type
10.4.6.1.2 South Africa Vitamins Market by Application
10.4.6.1.3 South Africa Vitamins Market by Source
10.4.6.2 Saudi Arabia Vitamins Market
10.4.6.2.1 Saudi Arabia Vitamins Market by Type
10.4.6.2.2 Saudi Arabia Vitamins Market by Application
10.4.6.2.3 Saudi Arabia Vitamins Market by Source
10.4.6.3 U.A.E Vitamins Market
10.4.6.3.1 U.A.E Vitamins Market by Type
10.4.6.3.2 U.A.E Vitamins Market by Application
10.4.6.3.3 U.A.E Vitamins Market by Source
10.4.6.4 Rest of Middle East and Africa Vitamins Market
10.4.6.4.1 Rest of Middle East and Africa Vitamins Market by Type
10.4.6.4.2 Rest of Middle East and Africa Vitamins Market by Application
10.4.6.4.3 Rest of Middle East and Africa Vitamins Market by Source
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Vitamins Market Overview
10.5.2 South and Central America Vitamins Market Forecasts and Analysis
10.5.3 South and Central America Vitamins Market Forecasts and Analysis - By Type
10.5.4 South and Central America Vitamins Market Forecasts and Analysis - By Application
10.5.5 South and Central America Vitamins Market Forecasts and Analysis - By Source
10.5.6 South and Central America Vitamins Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Vitamins Market
10.5.6.1.1 Brazil Vitamins Market by Type
10.5.6.1.2 Brazil Vitamins Market by Application
10.5.6.1.3 Brazil Vitamins Market by Source
10.5.6.2 Argentina Vitamins Market
10.5.6.2.1 Argentina Vitamins Market by Type
10.5.6.2.2 Argentina Vitamins Market by Application
10.5.6.2.3 Argentina Vitamins Market by Source
10.5.6.3 Rest of South and Central America Vitamins Market
10.5.6.3.1 Rest of South and Central America Vitamins Market by Type
10.5.6.3.2 Rest of South and Central America Vitamins Market by Application
10.5.6.3.3 Rest of South and Central America Vitamins Market by Source

11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12. VITAMINS MARKET, KEY COMPANY PROFILES
12.1. KONINKLIJKE DSM N.V.,
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. GLANBIA PLC
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. THE ARCHER DANIELS MIDLAND COMPANY
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. BASF SE
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. LONZA GROUP
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. STERNVITAMIN GMBH AND CO. KG
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. FARBEST BRANDS.
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. WATSON FOODS CO., INC.
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. WRIGHT ENRICHMENT INC.
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. BTSA. BIOTECNOLOGIAS APLICADAS S.L.
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments

13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS

Companies

The List of Companies

1. Koninklijke DSM N. V.,
2. Glanbia plc
3. The Archer Daniels Midland Company
4. BASF SE
5. Lonza Group
6. Sternvitamin GmbH and Co. Kg
7. Farbest Brands.
8. Watson Foods Co., Inc.
9. Wright Enrichment Inc.
10. BTSA. Biotecnologias Aplicadas S. l.

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Frequently Asked Questions

What is the expected CAGR of the vitamins market?

The global vitamins market is expected to grow at a CAGR of 7% during the forecast period 2023 - 2031.

What are the driving factors impacting the global vitamins market?

Growing health consciousness among population is expected to drive the growth of the vitamins market.

What are the future trends of the vitamins market?

The rising adoption of personalized nutrition and rising interest in plant-based vitamins options to play a significant role in the global vitamins market in the coming years.

Which are the leading players operating in the vitamins market?

The leading players operating in the vitamins market are Glanbia; ADM; BASF; DSM; Farbest Brands; Adisseo; Pharmavit; Millmax; Newgen Pharma; Rabar.

What are the deliverable formats of the vitamins market report?

The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.

What are the options available for the customization of this report?

Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.

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