Vitamin K2 Market Analytical Overview, Comprehensive Analysis, Segmentation, Competitive Landscape and Industry Poised for Rapid Growth 2030

The vitamin K2 market size is projected to reach US$ 11,60,779.02 Thousands by 2030 from US$ 1,44,571.42 Thousands in 2022; the market is estimated to record a CAGR of 29.7% from 2022 to 2030.

Market Insights and Analyst View:
Vitamin K2 can affect blood clotting as well as heart and bone health. The main ones are MK-4 and MK-7. Higher intake of vitamin K2 is strongly associated with a lower risk of heart disease. It contributes to skin health and bone metabolism, as well as promotes proper brain function and prevents heart disease. In addition, vitamin K2 is important for the body's use of calcium to support bone formation and prevent calcification of blood vessels. Vitamin K2 prevents damage to blood vessels by activating the matrix GLA protein (MGP), thus inhibiting the blood vessels' calcification. Vitamin K2 deficiency, therefore, leads to un-carboxylated or inactive MGP, leading to cardiovascular disease. Another role of vitamin K2 is blood clotting. Vitamin K2 is required to synthesize specific proteins involved in blood clotting, thus preventing internal and external bleeding. Vitamin K2 is found in animal foods and canned foods. Factors such as increasing prevalence of CVD and growing cases of osteoporosis in adults and newborns are driving the vitamin K2 market growth. On the other hand, the limited awareness regarding benefits of vitamin K2 hinders the market growth.   

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Key Players Analysis:
• Lonza Group Ag
• International Flavors Fragrances Inc
• Balchem Corp
• BASF SE
• Lesaffre Et Cie Sa
• Seebio Biotech Shanghai Co Ltd
• Koninklijke DSM NV
• Novozymes As
• Glanbia Plc

Report Segmentation and Scope:
The "vitamin K2 market" is segmented on the basis of product, dosage forms, source, application, and geography. The vitamin K2 market, by product, is segmented into MK-4, MK-7, and combination drugs. In 2022, the MK-7 segment held the largest market share, and it is estimated to register the fastest CAGR during 2022-2030. Based on dosage forms, the vitamin K2 market is segmented into capsules & tablets, powder, and oils. In 2022, the powder segment held the largest market share, and it is estimated to register the fastest CAGR during 2022-2030. Based on source, the vitamin K2 market is bifurcated into natural and synthetic. In 2022, the natural segment held a larger market share, and it is estimated to register a faster CAGR during 2022-2030. Based on application, the vitamin K2 market is segmented into pharmaceuticals, nutraceuticals and food, and others. In 2022, the pharmaceuticals segment held the largest market share, and the nutraceuticals and food segment is estimated to register the fastest CAGR during 2022-2030.

Segmental Analysis:
The vitamin K2 market, by product, is segmented into MK-4, MK-7, and combination drugs. In 2022, the MK-7 segment held the largest market share, and it is estimated to register the fastest CAGR during 2022-2030.  Menaquinone-7 (MK-7) is an advanced, fat-soluble form of vitamin K2 that serves multiple bodily functions. Only vitamin K2 in the form of MK-7 has been proven to provide 24-hour protection to bones and teeth from a single daily dose. MK-7 has a much longer half-life in the body and stays in the blood the longest than other forms of vitamin K2, owing to its presence not only in liver tissues but also in bones, arteries, and soft tissues. Therefore, MK-7 supplementation must only be taken once daily. According to MenaQ7, 45 mcg of MK-7 per day can increase carboxylation and activate vitamin K-dependent proteins, such as osteocalcin for bone health and Matrix GLA Protein (MGP) for heart health.

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Vitamin K2 Market based on various segments. It also provides market size and forecast with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Vitamin K2 Market by each region is later sub-segmented by respective countries and segments.

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This release was published on openPR.