Vitamin A Market size was valued at US$ 514.50 Mn. in 2021 and the total revenue is expected to grow at 4.81% through 2022 to 2027, reaching nearly US$ 682.03 Mn.
Vitamin A Market Overview:Vitamin A is made up of unsaturated nutritious chemical compounds such as retinol, retinal, retinoic acid, and other pro-vitamin A. The rise in low eyesight and the necessity to preserve the heart, lungs, kidneys, and other vital organs are driving the market. Increasing eye ailment prevalence and increased healthcare awareness are likely to drive the overall market demand for Vitamin A during the forecast period. As per the data of world trade, the millet was valued at US$ 1.01 billion in 2019 as the highest traded product and it has 4648 ranked in the Product Complexity Index (PCI). To know about the Research Methodology :- Request Free Sample Report 2021 is considered as a base year to forecast the market from 2021 to 2027. 2021’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years trends are considered while forecasting the market through 2027. 2020 is a year of exception and analysed specially with the impact of lockdown by region.
Vitamin A Market Dynamics:Because of the rising expense of healthcare services, which is causing consumers to be more concerned about their health, the demand for nutritive food has increased, resulting in an increase in the Vitamin A market. The increasing occurrence of micronutrient deficiency illnesses among the worldwide population, as well as a lack of micronutrients in diet that can lead to malnutrition, has boosted demand for vitamin A. This transition was fueled by urbanisation and consumer awareness, and it resulted in a significant increase in vitamin A use, raising the risk of lifestyle illnesses. People are becoming more aware of these ailments, and products containing Vitamin A are gradually becoming more popular. The increased elderly population, frequency of ocular illnesses, rising healthcare spending, and increased healthcare awareness are expected to raise Vitamin A market demand. There has been a huge increase in the need for vitamin A in the manufacture of animal feed in recent years. As a result, several leading companies in the Vitamin A market have begun to grow and showcase their product portfolio in order to meet this demand. BASF Animal Nutrition, for example, displayed its critical nutrients product portfolio at the IPPE (International Production & Processing Expo) in Atlanta, Georgia. Manufacturers of feedstock have begun to employ cutting-edge technologies such as the beadlet, which combines two distinct proteins in varying amounts and is particularly useful for the development of combination products. In the production of feedstock, for example, 100,000 IU of vitamin D3 per gramme is combined with 500,000 IU of vitamin A. Vitamin A is a necessary nutrient since it aids in the formation of bones, the healing of wounds, and the strengthening of the immune system. They also transform food into energy and heal damage to cells. Vitamin A is a set of versatile nutritional organic compounds that comprises retinol, retinal, retinoic acid, and numerous provitamin A carotenoids, all of which are necessary for growth and development, immune system function, and excellent vision. Retinol is important for good vision, notably night vision, and overall eye health. Age-related macular degeneration is the most common cause of vision loss in the elderly population. Some of the factors that may limit the growth of the Vitamin A market include shortage of Vitamin A, which causes severe side effects and makes people susceptible to a variety of ailments. Impact of COVID-19 on the Global Vitamin A Market: The global spread of COVID-19 led to measures such as lockdown and a halt in economic activity, affecting the vitamin A supply chain. However, as people become more conscious of their health and the importance of strengthening immunity to prevent viruses, the demand for vitamin A supplements and medications is increasing. As a result, several companies in the food, beverage, and pharmaceutical industries have begun to focus on the benefits of vitamin A to extend their product line and global reach. As a result, even during the epidemic, the demand for vitamin A grew considerably.
Vitamin A Market Segment Analysis:Based on the Product Type, the global Vitamin A market is sub-segmented into Food Grade, Feed Grade, and Pharmaceutical Grade. The Feed Grade segment held the largest market share of 80% in 2021. Vitamin A serves a variety of tasks in animal systems, including body growth and development, vision, mucosal membranes, reproduction, and the immune system. Disorders, increased susceptibility to infections, stone development in the gastrointestinal tract, night blindness, and ulcer formation are all symptoms of a lack of feed grade Vitamin A in animals. Increased demand for meat and related products leads to an increase in the number of cattle and poultry, which drives up demand for feed grade vitamin A. Based on the Form, the global Vitamin A market is sub-segmented into Powder and Liquid. The Powder segment is expected to grow rapidly at a CAGR of 5.9% during the forecast period 2022-2027. Because liquid vitamins are easier to store and carry, the liquid sector dominates the vitamins A market. Additionally, because powder form has a longer shelf life than the liquid form, consumers are more likely to consume Vitamin A in powder form, which is estimated to drive market expansion throughout the forecast period.
Vitamin A Market Regional Insights:North America is dominating the Global Vitamin A market during the forecast period 2022-2027. North America held the largest market share of 39.2% in 2021. Due to increased health awareness, high wealth, and increased demand for high-quality food, as well as population growth. Increased consumer health concerns about chronic diseases, combined with a growing desire to live a better lifestyle, are expected to drive demand for Vitamin A in the North American area. However, due to increased living conditions and extensive consumer education, Europe is expected to develop at a faster CAGR during the forecast period. A shift in consumer interest toward a healthy diet has occurred as a result of rising economic levels accompanied by increased urbanization. The region's elderly population and dropping birth rate provide an opportunity for the dietary supplement industry. The health benefits of Vitamin A as an ingredient help with eyesight impairment and the immune system, as well as the treatment of a variety of skin conditions. This is increasing the demand for Vitamin A in Europe. The objective of the report is to present a comprehensive analysis of the global Vitamin A Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the global Vitamin A Market dynamic, structure by analyzing the market segments and project the global Vitamin A Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Vitamin A Market make the report investor’s guide.
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Global Vitamin A Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2027 Historical Data: 2017 to 2021 Market Size in 2021: US $ 514.50 Mn. Forecast Period 2021 to 2027 CAGR: 4.81% Market Size in 2027: US $ 682.03 MN. Segments Covered: by Product Type • Food-grade • Feed-grade • Pharmaceutical-grade by Form • Powder • Liquid by Type • Natural • Synthetic by Application • Food & Beverages • Dietary Supplements • Animal Feed • Personal Care & Cosmetics
Vitamin A Market, by Region• North America • Europe • Asia Pacific • South America • Middle East and Africa
Vitamin A Market Key Players• DSM • BASF SE • Bluestar Adisseo Co. Ltd • Prinova Group LLC • Zhejiang NHU Co. Ltd • Provimi North America, Inc • Kempex Holland BV • Xiamen Kingdomway Group Co • Adisseo • Archer Daniel Midland Company • Bayer Ag • Integrated Biopharma Inc • GHT Companies • Nutraceutical Corporation • Pfizer Inc • Rabar Pty Ltd • Farbest Brands • Lonza Group Frequently Asked Questions: 1. Which region has the largest share in Global Vitamin A Market? Ans: Asia Pacific region holds the highest share in 2021. 2. What is the growth rate of Global Vitamin A Market? Ans: The Global Vitamin A Market is growing at a CAGR of 4.81%during forecasting period 2022-2027. 3. What is scope of the Global Vitamin A market report? Ans: Global Vitamin A Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Vitamin A market? Ans: The important key players in the Global Vitamin A Market are – DSM, BASF SE, Bluestar Adisseo Co. Ltd, Prinova Group LLC, Zhejiang NHU Co. Ltd, Provimi North America, Inc, Kempex Holland BV, Xiamen Kingdomway Group Co, Adisseo, Archer Daniel Midland Company, Bayer Ag, Integrated Biopharma Inc, GHT Companies, Nutraceutical Corporation, Pfizer Inc, Rabar Pty Ltd, Farbest Brands, Lonza Group 5. What is the study period of this market? Ans: The Global Vitamin A Market is studied from 2021 to 2027.
1. Global Vitamin A Market: Research Methodology 2. Global Vitamin A Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Vitamin A Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Vitamin A Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Vitamin A Market Segmentation 4.1 Global Vitamin A Market, by Product Type (2021-2027) • Food-grade • Feed-grade • Pharmaceutical-grade 4.2 Global Vitamin A Market, by Form (2021-2027) • Powder • Liquid 4.3 Global Vitamin A Market, by Type (2021-2027) • Natural • Synthetic 4.4 Global Vitamin A Market, by Application (2021-2027) • Food & Beverages • Dietary Supplements • Animal Feed • Personal Care & Cosmetics 5. North America Vitamin A Market (2021-2027) 5.1 North America Vitamin A Market, by Product Type (2021-2027) • Food-grade • Feed-grade • Pharmaceutical-grade 5.2 North America Vitamin A Market, by Form (2021-2027) • Powder • Liquid 5.3 North America Vitamin A Market, by Type (2021-2027) • Natural • Synthetic 5.4 North America Vitamin A Market, by Application (2021-2027) • Food & Beverages • Dietary Supplements • Animal Feed • Personal Care & Cosmetics 5.5 North America Vitamin A Market, by Country (2021-2027) • United States • Canada • Mexico 6. Europe Vitamin A Market (2021-2027) 6.1. Europe Vitamin A Market, by Product Type (2021-2027) 6.2. Europe Vitamin A Market, by Form (2021-2027) 6.3. Europe Vitamin A Market, by Type (2021-2027) 6.4. Europe Vitamin A Market, by Application (2021-2027) 6.5. Europe Vitamin A Market, by Country (2021-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Vitamin A Market (2021-2027) 7.1. Asia Pacific Vitamin A Market, by Product Type (2021-2027) 7.2. Asia Pacific Vitamin A Market, by Form (2021-2027) 7.3. Asia Pacific Vitamin A Market, by Type (2021-2027) 7.4. Asia Pacific Vitamin A Market, by Application (2021-2027) 7.5. Asia Pacific Vitamin A Market, by Country (2021-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. South America Vitamin A Market (2021-2027) 8.1. South America Vitamin A Market, by Product Type (2021-2027) 8.2. South America Vitamin A Market, by Form (2021-2027) 8.3. South America Vitamin A Market, by Type (2021-2027) 8.4. South America Vitamin A Market, by Application (2021-2027) 8.5. South America Vitamin A Market, by Country (2021-2027) • Brazil • Argentina • Rest Of South America 9. Middle East and Africa Vitamin A Market (2021-2027) 9.1 Middle East and Africa Vitamin A Market, by Product Type (2021-2027) 9.2. Middle East and Africa Vitamin A Market, by Form (2021-2027) 9.3. Middle East and Africa Vitamin A Market, by Type (2021-2027) 9.4. Middle East and Africa Vitamin A Market, by Application (2021-2027) 9.5. Middle East and Africa Vitamin A Market, by Country (2021-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 10. Company Profile: Key players 10.1 DSM 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 BASF SE 10.3 Bluestar Adisseo Co. Ltd 10.4 Prinova Group LLC 10.5 Zhejiang NHU Co. Ltd 10.6 Provimi North America, Inc. 10.7 Kempex Holland BV 10.8 Xiamen Kingdomway Group Co 10.9 Adisseo 10.10 Archer Daniel Midland Company 10.11 Bayer Ag 10.12 Integrated Biopharma Inc. 10.13 GHT Companies 10.14 Nutraceutical Corporation 10.15 Pfizer Inc. 10.16 Rabar Pty Ltd 10.17 Farbest Brands 10.18 Lonza Group