Blood binds phosphorus in the body to maintain healthy bones. Natural food sources are few for vitamin D Market. Vitamin D comes in various forms, the most significant of which is ergocalciferol (vitamin D2) and cholecalciferol (vitamin D3). There are dietary sources of vitamin D, such as fish and eggs. Due to continuous exposure to sunlight, vitamin D is also synthesized and stored in human skin. These are stored in fat and released when you don't get enough sun.
Vitamin D supplements are also used for weak and brittle bones, heart disease, asthma, etc. The number of people who face vitamin D deficiency due to lack of balanced diet and limited exposure to sunlight has such a global crisis and fortified foods supplemented with street vitamin D are inevitable.
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Vitamin D Market Key Players:
Abbott (US), Pfizer Inc. (US), Merck & Co., Inc. (US), Sanofi (US), GlaxoSmithKline plc (UK), Novartis International AG (Switzerland), Torrent Pharmaceuticals Ltd. (India), Sun Pharmaceutical Industries Ltd. (India), Alkem Laboratories Ltd. (India), Cadila Healthcare Ltd. (India), DSM (Netherlands), BASF SE (Germany), Fermenta Biotech Limited (India), Zhejiang Garden Biochemical High-tech Co., Ltd (China), Dishman Group (India), Taizhou Haisheng Pharmaceutical Co., Ltd. (China), Zhejiang Medicine Co., Ltd. (China), PHW Group (Germany), Bio-Tech Pharmacal (US), Divi's Nutraceuticals (India), And Other Major Players.
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Market Trend Analysis:
A consumer-favorite fortified food:
In recent years, not only health-conscious consumers are looking for foods that are rich in nutrients but also those that provide essential health ingredients, the demand for foods packed with healthy ingredients and functional foods greater to prevent potential diseases and improve physical and psychological well-being has shown that consumers prefer prevention to cure.
Increased demand for food fortification:
Promising markets for growth in meat consumption are expected from developing regions such as Asia Pacific, where countries such as China and Japan offer opportunities to boost meat consumption for these products this bodes well for the vibrant vitamin market.
Market Segments:
By Form:
- Vitamin D2
- Vitamin D3
By Application:
- Pharmaceuticals
- Fortified Food and Beverage
- Animal Feed
- Personal Care
By End User:
- Adults
- Pregnant women
- Children
By Region:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Regional Insights:
Asia Pacific region dominated the global vitamin D market by holding the lion share in terms of market revenue and the region is predicted to continue to dominate during the forecast period Asia Pacific belongs to countries like China as China Pharmaceutical Industry Association (CPIA). ) and the China Food Industry Association (CFIA), accounting for about 70.9% of total vitamin production, is considered the largest producer, consumer and exporter of vitamin D worldwide. , all of this is due to the need for raw materials for vitamin D extraction such as milk and the rising disposable income of people in the region.
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