Demand & Growth Analysis of Vitamin D Market 2032| Zhejiang Garden Biochemical High-Tech Co.,Ltd, DSM, Dishman Group

The global vitamin D market is projected to be valued at USD 1.9 billion by 2027. Increasing demand for feed fortification will drive the market for vitamin D during the forecast period. The livestock sector is witnessed to be rapidly growing to meet the increasing global demand for high-value animal products. Due to this increased awareness, consumers give more importance to the texture, color, and flavor of meat and meat products.

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There has been a rise in the consumption and production of meat, especially in industrialized countries such as the US, supported by factors such as lower prices of beef, pork, and poultry, increased focus on the shelf life, quality, and safety of meat products; and the rise in per capita consumption of meat. According to the USDA, poultry imports are to grow to 17.5 million metric tons by 2031. The increasing consumption of meat products will increase the demand for vitamin D in feed additives, which will help the vitamin d market to grow.

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Asia Pacific accounted for the largest share in the global vitamin D market. According to the International Osteoporosis Foundation (IOF) estimates, more than 50.0% of all osteoporotic fractures will occur in Asia in 2050. China is expected to be affected the most due to its large population of seniors. By 2050, the Chinese population is projected to decrease slightly to 1.3 billion, but those over 50 years will reach almost half (49.0%) of the total population. Osteoporosis, a common chronic disease among the geriatric population, has become one of the top four health problems in this region.

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Key Market Players:
Key players in this market include Zhejiang Garden Biochemical High-Tech Co.,Ltd (China), DSM (Netherlands), Zhejiang Xinhecheng Co., Ltd. (China), Taizhou Haisheng Pharmaceutical Co., Ltd. (China), Xiamen Jindawei Vitamin Co., Ltd. (China), Fermenta Biotech Ltd. (India), Zhejiang Medicine Co., Ltd.(China), BASF (Germany), and Dishman Group (India).

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This release was published on openPR.