Vitamin Ingredients Market Forecast 2018-2024 | Top Players - BASF, Nestle, Pfizer, Groupe Danone, DSM

Rising awareness about healthcare products has led vitamin ingredients market for food & personal care applications to grow at a remarkable pace, aided by the increasing focus on addressing the prevalent vitamin deficiency problems around the world. Higher consumption levels of food from quick-service restaurants as well as other junk food sources has resulted in lower vitamin intake by the younger population. Vitamins are known to be essential nutrients for ensuring a healthy metabolism and immunity, though most diets today are unable to fulfill all vitamin requirements. Vitamins are necessary to build muscles and provide energy needed while playing sports, making them a critical part of the sports nutrition segment.

MarketStudyReport.com Adds New Vitamin Ingredients Market 2018 – 2024 research report providing information and data By Source, By Product, By Application, Industry Analysis, Regional Outlook, Trends, Application Potential, Competitive Market Share & Forecast spreading across 280 Pages with table and figures in it.

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U.S. vitamin D market demand is poised to exceed USD 500 million up to 2024 owing to rising awareness of health & wellness in the country along with convenience feed demand. This product is essential for optimal calcium absorption to maintain bone & teeth health which may stimulate vitamin ingredients market for food & personal care applications. Product deficiency increases the possibility of rickets in children and breast, prostate, colon cancers & heart disease in adults which in result increases the growth of vitamin ingredients market for food & personal care applications.

Vitamin ingredients market for food & personal care applications is considerably consolidated among a few manufacturers such as BASF, Nestle, Pfizer, Groupe Danone and DSM. Major industry participants are focusing on the development of new products and strategic mergers & acquisitions to achieve market growth.

Growing demand for organic supplements, primarily among the geriatric population may stimulate vitamin ingredients market for food & personal care applications. They offer greater benefits than synthetic supplements owing to the presence of chemical ingredients. Moreover, the synthetic form of various vitamins such as A and K are associated with several adverse health effects on overconsumption which include liver damage. These side effects are more pronounced in the elderly which have compromised immune systems. Natural products contain easily digestible nutrients when compared to synthetic products which contain byproducts that are harder to digest, thereby accelerating growth of vitamin ingredients market for food & personal care applications.

UK vitamin B2 market from food applications could witness gains at over 4.5% in the forecast timeframe owing to several product benefits such as reduced fatigue & tiredness and supporting hectic lifestyles. This product is used in various fortified feed items such as pastas, sauces, breakfast cereals, fruit drinks, processed cheese and energy drinks. This nutrient is essential for the maintenance of digestive lining, healthy skin, blood cell production and its deficiency may cause anemia which should accelerate growth of vitamin ingredients market for food & personal care applications.

Vitamin K market size from personal care applications surpassed USD 1.2 million in 2017 on account of improved skin, nail, hair and eye health. It is used in skin care formulations for scars and stretch marks as it improves blood vessels elasticity, thereby driving vitamin ingredients market for food & personal care applications.

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Vitamin B12 market size from nutraceuticals may surpass USD 50 million by 2024. Improved sports performance along with tackling muscle wastage and joint health maintenance for the elderly may boost vitamin ingredients market for food & personal care applications. They are increasingly being used in various nutraceuticals such as fortified breakfast cereals, juices, soy milk and pasta which provide additional nutrients compared to their forms thereby stimulating vitamin ingredients market for food & personal care applications.

Table of Content:

Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Vitamin Ingredients Market for Food & Personal Care Applications Industry Insights
Chapter 4 Vitamin Ingredients Market for Food & Personal Care Applications, By Product
Chapter 5 Vitamin Ingredients Market for Food & Personal Care Applications, By Region
Chapter 6 Company Profiles

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Outer Scope of this Report: A variety of dietary supplements are consumed by athletes and sportspersons for improving their performance levels by maintaining a balance supply of nutrients, including vitamin supplements to ensure stronger bones and muscles. Reports indicate that in 2018, the global sports nutrition market is expected to reach nearly USD 50.84 billion, presenting a key target segment for the vitamin ingredients market for food & personal care applications. Statistically, multivitamin supplements are estimated to be the most common dietary supplements, with almost 53% U.S. adults taking a multivitamin in 2016. Further, it must be noted that out of USD 41.16 billion retail sales of dietary supplements in the U.S. in 2016, approx. USD 5.67 billion was contributed by the sports nutrition category. Globally, the demand for sports nutrition products is witnessing an accelerated growth rate and the rising disposable income of people will provide enhanced prospects for the vitamin segment.

Related Report:

United States Vitamin Ingredients Market Report 2017
In this report, the United States Vitamin Ingredients market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.

https://www.marketstudyreport.com/reports/united-states-vitamin-ingredients-market-report-2017

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