Vitamins Market Size, Share, Forecast, & Trends Analysis
Meticulous Research®—a
leading global market research company, published a research report
titled ‘Vitamins Market—Global Opportunity Analysis and Industry
Forecast (2025-2032)’. According to this latest publication from Meticulous
Research®, the Vitamins market is expected to reach $26.03
billion by 2032, at a CAGR of 7.5% from 2025 to 2032.
The increasing demand
for fortified foods, functional beverages, and dietary supplements, along with
rising awareness about vitamin deficiencies and rising health expenditures, is
driving the growth of the vitamins market. However, fluctuations in raw material
availability and the high prices of naturally sourced vitamins restrain the
market’s growth.
Additionally, the
rising demand for naturally sourced products and personal care items is
expected to offer growth opportunities for market players. However,
counterfeiting of dietary supplements and a lack of standardized regulatory
frameworks pose challenges to the market’s growth.
The rising demand for
clean-label products and the growing focus on health and wellness are prominent
trends in the vitamins market.
Key Players:
The vitamins market is
characterized by a moderately competitive scenario due to the presence of many
large- and small-sized global, regional, and local players. The key players
operating in the vitamins market are BASF SE (Germany), Archer Daniels Midland
Company (U.S.), Cargill Incorporated (U.S.), Ingredion Incorporated (U.S.),
Tate & Lyle PLC (U.K.), Roquette Freres (France), DSM-Firmenich AG
(Switzerland), Lonza (Switzerland), Dishman Carbogen Amcis Ltd (India), Divi's
Laboratories Ltd. (India), Fermenta Biotech Limited (India), Lycored Corp.
(U.S.), Glanbia plc (Ireland), and Zhejiang Garden Biopharmaceutical Co. Ltd.
(China), among others.
The vitamins market is
segmented based on type, source, form, and application. The report also
evaluates industry competitors and analyzes the vitamins market at the regional
and country levels.
By type, in 2025, the vitamin B segment is expected to
account for the largest share of the vitamins market. This segment’s large
market share is primarily due to rising health awareness, increasing vitamin
inadequacies, an aging population, increased consumption of processed foods,
and the extensive use of vitamins in various food & beverage, personal
care, and nutraceutical applications.
By source, in 2025, the plant-sourced vitamins segment
is expected to account for the largest share of the vitamins market. The large
market share of this segment is attributed to the growing vegan population,
increasing preference for natural ingredient products, widespread availability
of raw materials, higher absorption rates of plant-sourced vitamins, and rising
demand for clean-label products.
By form, in 2025, the dry segment is expected to
account for the largest share of the vitamins market. The large market share of
this segment is attributed to the widespread availability of vitamin products
in dry form, as well as their stability, long shelf life, and ease of handling.
By application, the food and beverages segment is
expected to witness the highest CAGR during the forecast period of 2025—2032.
This growth is driven by the rising demand for fortified food products, the
increasing trend of personalized nutrition, a growing preference for functional
ready-to-drink beverages, and the increasing incorporation of vitamins into
food and beverages by various manufacturers.
This research report
analyzes major geographies and provides a comprehensive analysis of the market
in North America (U.S., Canada), Europe (France, Germany, U.K., Italy, Spain,
Poland, Netherlands, Rest of Europe), Asia-Pacific (China, Japan, India, South
Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific), Latin America
(Brazil, Mexico, Argentina, Rest of Latin America), and the Middle East &
Africa (Saudi Arabia, South Africa, UAE, Rest of Middle East & Africa).
By geography, in 2025, Asia-Pacific is expected to account
for the largest share of the vitamins market, followed by North America,
Europe, Latin America, and the Middle East & Africa. Asia-Pacific’s major
market share can be attributed to the high demand for functional food
components, the rising prevalence of diseases, the increasing expenditure on
health products, the abundant availability of raw materials, and a large number
of leading market players in the region.
Download Sample
Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=6048
Key Questions
Answered in the Report-
- What is the revenue generated from the
sales of vitamins?
- At what rate is the global demand for
vitamins projected to grow for the next five to seven years?
- What is the historical market size and
growth rate for the vitamins market?
- What are the major factors impacting the
growth of this market at the global and regional levels?
- What are the major opportunities for
existing players and new entrants in the market?
- Which type, source, form, and application
segments create major traction for the manufacturers in this market?
- What are the key geographical trends in
this market? Which regions/countries are expected to offer significant
growth opportunities for the manufacturers operating in the Vitamins
market?
- Who are the major players in the Vitamins
market? What are their specific product offerings in this market?
- What are the recent developments in the
Vitamins market? What are the impacts of these developments on the market?
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