Title: Vitamin Consumption Market Competition Scenario & Outlook, 2020-2027
1Vitamin Consumption market
2The Global Vitamin Consumption Market valued at
USD 5.18 billion in 2019 and is expected to reach
USD 9.10 billion by 2027, at a CAGR of 7.30
during the projection period. Vitamins are
micronutrients essential for the development,
repair metabolism of the human body.
Significantly, they must be available in a
sufficient amount in the human diet as the human
body cannot produce them. Thus, its requirement
provides ample scope for the development of
vitamin supplying products market. Such products
are mainly used in sports nutrition, food
beverage, nutraceuticals, and personal care
industries. Multiple types of vitamins such as
vitamins A, B, C, D, E, and K find application in
animal feed, food and beverages, cosmetics,
pharmaceuticals, and other industries. The
Vitamin A market has gained significance as it
offers higher returns. Vitamin is useful for
ophthalmologic ailments such as night
sightlessness, myopia, and cataract. Vitamin D
helps control diabetes and hypertension and
captivate calcium for maintaining bone health.
The Vitamin D segment also provides satisfactory
returns.
3Key Drivers Diseases caused due to feeding
block, and vitamin deficiencies are fueling the
market growth In current years, people
experience more and more vitamin deficiencies due
to chaotic lifestyles, shortened mealtimes, and
loss of nutrients during cooking and highly
processed food consumption. However, increased
consumer awareness regarding diseases caused by
the same has resulted in a focus on sufficient
vitamin intake. It propels consumers to recognize
its need and consume vitamin supplements in their
busy lifestyles. Growing health awareness and the
growth of fitness centers and health clubs
support the request for vitamin supplements.
Moreover, vitamin supplements for women are also
lucrative for market players seeing growing
health consciousness among women. Sample Copy
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