The report of Vitamin Supplements Market by Product (Vitamin A, Vitamin B, Vitamin C, Vitamin D, Vitamin E, Multivitamin), Application (Food & beverage, Personal Care, Pharmaceutical, Others), Form (Tablets & Capsules, Powders, Gummies, Liquid), End-user (Adult Women, Adult Men, Senior Citizen, Others), and Region (North America, Asia Pacific, Europe, South America, and Middle East & Africa) is expected to reach US$ XX Mn by 2027, at a CAGR of XX% during the forecast period.

Rising awareness about vitamins’ benefits, demand from the senior citizens, and surging healthcare costs are the key factors for the growth of the global vitamin supplements market. Additionally, numerous information sources, showing the favorable effects of vitamin supplements, are helping consumers in choosing the appropriate form of such products. Further, the knowledge of diseases caused because of vitamin deficiency is making consumers adopt vitamin supplements.

On the other hand, some studies have indicated that very high dose supplements, including vitamin E and beta-carotene (provitamin A), may be dangerous.
In terms of the application, the healthcare industry led the vitamin supplements market in 2018, accounting for above one-third of the market share. The personal care industry is expected to advance at the highest CAGR throughout the estimated period.

The personal care industry has emerged as a noticeable end-user of vitamin supplement products. Vitamin C is one of the most usually used antioxidants in the production of skincare products. It offers the essential nutrients to the skin for protection from the sun and other harmful external elements, like pollution and smoking. Vitamin E is also used as a strong antioxidant for skin protection, thus, the rising skin care consciousness is helping the growth of the global vitamin supplements market.

Region-wise, the leading markets for vitamin-based products reside within the North American, representing a market share of XX% of industry participants and consumers and region also host a well-entrenched vitamin supplements and premixes industry, which aids the growth of the overall vitamins market. Also, the vitamin supplements market is the second-largest for Europe followed by North America.

Key players operating in the Vitamin Supplements Market are NBTY Inc., Archer Daniels Midland Company, Integrated BioPharma Inc., Herbalife Ltd., Bayer AG, Royal DSM N.V., Pharmavite LLC, E.I. du Pont de Nemours and Company, Reckitt Benckiser Group PLC, Glanbia PLC, BASF SE, and Nutraceutical International Corporation.

Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Vitamin Supplements Market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global Vitamin Supplements Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Vitamin Supplements Market positioning of competitors.

Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Vitamin Supplements Market

https://www.maximizemarketresearch.com/market-report/global-vitamin-supplements-market/52993/

Contact:
MAXIMIZE MARKET RESEARCH PVT. LTD.
Omkar Heights,
ManikBaug, Vadgaon Bk,
Sinhagad Road, Pune – 411051, Maharashtra, India.
+91 9607195908

Leave a Replay

Your email address will not be published. Required fields are marked *

*
*