Vitamin A Market - Forecast(2021 - 2026)

Report Code: HCR 92422 Report Format: PDF + Excel (Delivery in 48 Hrs)
Vitamin A Market size is forecast to reach $63.5 billion by 2025, growing at a CAGR of 5.31% during the forecast period 2020-2025. Vitamin A  is a group of unsaturated nutritional organic compounds that includes  retinol, retinal, retinoic acid and several provitamin A. Increasing low vision and maintenance of the heart, lungs, kidneys and other vital organs are the major factors driving the growth of the market. Increasing incidence of ophthalmic diseases and increasing healthcare awareness is set to further enhance the overall market demand of Vitamin A during the forecast period 2020-2025. 

Report Coverage

The report: “Vitamin A Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Vitamin A Market. 

By Type: Feed Grade Vitamin A, Food Grade Vitamin A, Pharmaceutical Grade Vitamin A
By Application: Functional Food & Beverages, Pharmaceutical, Animal Feed, Cosmetics, Others
By Geography: North America, Europe, Asia-Pacific, Rest of the World (RoW)

Key Takeaways
  • North America dominated the Vitamin A Market in 2019 owing to the growing demand and knowledge for the consumption of Vitamin A. The Vitamin A Market scope for different regions will be provided in the final report.
  • The increase in the nutritive food and knowledge among consumers is likely to aid in the market growth of Vitamin A.
  • Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Vitamin A Market report.
  • Large amount of Vitamin A might cause serious side effects and lack of micronutrients in food, which could lead to malnutrition which is poised to create hurdles for the Vitamin A Market.
Type - Segment Analysis

Feed Grade Vitamin A held major share in the Vitamin A Market in 2019. This is owing to several functions of vitamin A in animal bodies like growth and development of the body, vision, mucous membrane, reproduction and immune system. Deficiency of feed grade Vitamin A in animal results in disorders, increased susceptibility to infections, stone formation in unary tracts, night blindness and formation of ulcers. Increasing demand for meat and its related products results in the increase in the population of cattle and poultries and this increases the demand for feed grade vitamin A market.

Application- Segment Analysis

The functional food and beverage segment held the largest share in the Vitamin A Market in 2019 and is estimated to grow at a CAGR of 6.19% during the forecast period 2020-2025. The growth in this segment can be attributed to the high requirement of vitamin A in our body to function smoothly. Vitamin A perform different functions inside our bodies and the deficiencies of these is set to result in several ailments, both mild and serious. From immunity to eye and skin health and even mental health, the presence or absence of these essential vitamin A can control some of the most essential functions of the human body. These vitamins are mainly derived from food sources, both animal and plant-based and a diet is only considered healthy and balanced when it contains adequate amounts of all these vitamins, along with minerals as well as the macro-nutrients- fats, proteins and carbohydrates. Food and beverage are set to be the fastest growing segment and is estimated to register a highest CAGR during the forecast period 2020-2025.

Geography - Segment Analysis

North America dominates the Vitamin A market with a share of more than 39.2%, followed by Europe owing to awareness regarding health, high income, and rise in demand for high quality food and increase in the population. Growing inclination toward healthier lifestyle, coupled with rising consumer health concerns regarding chronic diseases is poised to boost the demand of Vitamin A market in North America region.

However, Europe is estimated to grow at a higher CAGR during the forecast period 2020-2025 owing to improved living standards and in-depth consumer education. Rise in economic standards supported by rapid urbanization has led to a shift in consumer focus toward healthy diet. The increasing aging population and declining birth rate in the region is also an opportunity for the dietary supplements market. The health benefits associated with Vitamin A as an ingredient helps address vision impairment and the immune system and is beneficial for the treatment of several skin disorders. This is boosting the demand of Vitamin A market in Europe.

Drivers – Vitamin A Market
  • The increase in the nutritive food and knowledge among consumers
The increase in the nutritive food and knowledge among consumers has led to the increase in the Vitamin A market owing to the rising cost of healthcare services which is propelling the consumers concerns related to health, thus increasing the demand for nutritive food. The demand for vitamin A increased owing to the high rate of micronutrient deficiency disorders among the global population and lack of micronutrients in food which could lead to malnutrition. Urbanization and consumer awareness drove this shift and led to a rapid rise in the consumption of vitamin A, which in turn increases the incidence of lifestyle diseases. People are becoming aware of these diseases and are gradually moving toward Vitamin A containing products. Rise in the geriatric population, the prevalence of ophthalmic diseases, increasing healthcare expenditure and healthcare awareness are estimated to boost the demand of Vitamin A market.
  • Increasing low vision and normal formation and maintenance of the heart, lungs, kidneys and other vital organs
Vitamin A is an essential nutrient as they perform hundreds of roles in the body as they shore up bones, heal wounds and bolster immune system. They also convert food into energy and repair cellular damage. Vitamin A is a group of unsaturated nutritional organic compounds that includes retinol, retinal, retinoic acid and several provitamin A carotenoids which is important for growth and development, for the maintenance of the immune system and for good vision. .  Age-related macular degeneration is the most common cause of loss of vision in the older population and Retinol integral for good vision, especially night vision and overall eye health. Vitamin A palmitate also called retinyl palmitat is a specific type of retinyl ester from the pre-formed vitamin A category. In animals and humans, it serves as a natural storage form of vitamin A. Supplement and skincare manufacturers also produce a synthetic version for use in different products.

Challenges – Vitamin A Market
  • Large amount of Vitamin A might cause serious side effects
Some of the factors which can impede the growth of the Vitamin A  market are deficiency of Vitamin A results into severe side effects   and  vulnerable to a number of diseases.

Vitamin A Industry Outlook

Product launches, mergers and acquisitions, joint ventures and R&D activities are key strategies adopted by players in the vitamin A market. In 2019, Vitamin A. Market share is consolidated by the top ten players present in the market. Vitamin A top 10 companies are Adisseo , Archer Daniel Midland Company , Bayer Ag , E.I. Du Pont De Numours And Company , Integrated Biopharma  Inc ,GHT Companies,  Nutraceutical Corporation, And Herbalife International Inc , Pfizer Inc  and  Zhejiang Medicine Co. Ltd  among others.

Acquisitions/Product Launches
  • In December 2017, Adisseo acquires Nutraid which is a global producer of feed additives.
  • In March 2018, GHT Companies has introduced Vegan Life Nutrition (VLN), to provide nutritional supplements that are completely free of animal products. 
1. Vitamin A Market - Overview
    1.1 Definitions and Scope
2. Vitamin A Market - Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Type
    2.3 Key trends by Application
    2.4 Key trends by Geography
3. Vitamin A Market – Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. Vitamin A Market - Startup Companies Scenario (Premium)
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Vitamin A Market – Industry Market Entry Scenario Premium (Premium)
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Vitamin A Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Vitamin A Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Vitamin A Market – By Type (Market Size –$Million/$Billion)
    8.1 Feed Grade Vitamin A
    8.2 Food Grade Vitamin A
    8.3 Pharmaceutical Grade Vitamin A
9. Vitamin A Market – By Application (Market Size –$Million/$Billion)
    9.1 Functional Food & Beverages
        9.1.1 Dairy
        9.1.2 Baby Food
        9.1.3 Bakery & Confectionary
        9.1.4 Beverages
        9.1.5 Others
    9.2 Pharmaceutical
    9.3 Animal Feed
    9.4 Cosmetics
    9.5 Others
10. Vitamin A Market - By Geography (Market Size –$Million/$Billion)
    10.1 North America
        10.1.1 U.S.
        10.1.2 Mexico
        10.1.3 Canada
    10.2 Europe
        10.2.1 U.K.
        10.2.2 France
        10.2.3 Germany
        10.2.4 Italy
        10.2.5 Spain
        10.2.6 Rest of Europe
    10.3 Asia Pacific
        10.3.1 China
        10.3.2 India
        10.3.3 Japan
        10.3.4 South Korea
        10.3.5 Australia
        10.3.6 New Zealand
        10.3.7 Rest of APAC
    10.4 Rest of the World
        10.4.1 Middle East
        10.4.2 Africa
        10.4.3 South America
11. Vitamin A Market - Entropy
12. Vitamin A Market – Industry/Segment Competition Landscape (Premium) 
    12.1 Market Share Analysis
        12.1.1 Global Market Share – Key Companies
        12.1.2 Market Share by Region – Key companies
        12.1.3 Market Share by Countries – Key Companies
        12.1.4 Best Practices for Companies
13. Vitamin A Market – Key Company List by Country Premium (Premium)
14. Vitamin A Market Company Analysis
    14.1 Company 1
    14.2 Company 2
    14.3 Company 3
    14.4 Company 4
    14.5 Company 5
    14.6 Company 6
    14.7 Company 7
    14.8 Company 8
    14.9 Company 9
    14.10 Company 10 and more
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Vitamin A Market, By Type Market 2019-2024 ($M)
1.1 Feed Grade Vitamin A Market 2019-2024 ($M) - Global Industry Research
1.2 Food Grade Vitamin A Market 2019-2024 ($M) - Global Industry Research
1.3 Pharmaceutical Grade Vitamin A Market 2019-2024 ($M) - Global Industry Research
2.Global Vitamin A Market , By End-User Market 2019-2024 ($M)
2.1 Child Market 2019-2024 ($M) - Global Industry Research
2.2 Adult Market 2019-2024 ($M) - Global Industry Research
2.3 Pregnant Woman Market 2019-2024 ($M) - Global Industry Research
3.Global Vitamin A Market, By Type Market 2019-2024 (Volume/Units)
3.1 Feed Grade Vitamin A Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Food Grade Vitamin A Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 Pharmaceutical Grade Vitamin A Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global Vitamin A Market , By End-User Market 2019-2024 (Volume/Units)
4.1 Child Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Adult Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Pregnant Woman Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Vitamin A Market, By Type Market 2019-2024 ($M)
5.1 Feed Grade Vitamin A Market 2019-2024 ($M) - Regional Industry Research
5.2 Food Grade Vitamin A Market 2019-2024 ($M) - Regional Industry Research
5.3 Pharmaceutical Grade Vitamin A Market 2019-2024 ($M) - Regional Industry Research
6.North America Vitamin A Market , By End-User Market 2019-2024 ($M)
6.1 Child Market 2019-2024 ($M) - Regional Industry Research
6.2 Adult Market 2019-2024 ($M) - Regional Industry Research
6.3 Pregnant Woman Market 2019-2024 ($M) - Regional Industry Research
7.South America Vitamin A Market, By Type Market 2019-2024 ($M)
7.1 Feed Grade Vitamin A Market 2019-2024 ($M) - Regional Industry Research
7.2 Food Grade Vitamin A Market 2019-2024 ($M) - Regional Industry Research
7.3 Pharmaceutical Grade Vitamin A Market 2019-2024 ($M) - Regional Industry Research
8.South America Vitamin A Market , By End-User Market 2019-2024 ($M)
8.1 Child Market 2019-2024 ($M) - Regional Industry Research
8.2 Adult Market 2019-2024 ($M) - Regional Industry Research
8.3 Pregnant Woman Market 2019-2024 ($M) - Regional Industry Research
9.Europe Vitamin A Market, By Type Market 2019-2024 ($M)
9.1 Feed Grade Vitamin A Market 2019-2024 ($M) - Regional Industry Research
9.2 Food Grade Vitamin A Market 2019-2024 ($M) - Regional Industry Research
9.3 Pharmaceutical Grade Vitamin A Market 2019-2024 ($M) - Regional Industry Research
10.Europe Vitamin A Market , By End-User Market 2019-2024 ($M)
10.1 Child Market 2019-2024 ($M) - Regional Industry Research
10.2 Adult Market 2019-2024 ($M) - Regional Industry Research
10.3 Pregnant Woman Market 2019-2024 ($M) - Regional Industry Research
11.APAC Vitamin A Market, By Type Market 2019-2024 ($M)
11.1 Feed Grade Vitamin A Market 2019-2024 ($M) - Regional Industry Research
11.2 Food Grade Vitamin A Market 2019-2024 ($M) - Regional Industry Research
11.3 Pharmaceutical Grade Vitamin A Market 2019-2024 ($M) - Regional Industry Research
12.APAC Vitamin A Market , By End-User Market 2019-2024 ($M)
12.1 Child Market 2019-2024 ($M) - Regional Industry Research
12.2 Adult Market 2019-2024 ($M) - Regional Industry Research
12.3 Pregnant Woman Market 2019-2024 ($M) - Regional Industry Research
13.MENA Vitamin A Market, By Type Market 2019-2024 ($M)
13.1 Feed Grade Vitamin A Market 2019-2024 ($M) - Regional Industry Research
13.2 Food Grade Vitamin A Market 2019-2024 ($M) - Regional Industry Research
13.3 Pharmaceutical Grade Vitamin A Market 2019-2024 ($M) - Regional Industry Research
14.MENA Vitamin A Market , By End-User Market 2019-2024 ($M)
14.1 Child Market 2019-2024 ($M) - Regional Industry Research
14.2 Adult Market 2019-2024 ($M) - Regional Industry Research
14.3 Pregnant Woman Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Vitamin A Market Revenue, 2019-2024 ($M)
2.Canada Vitamin A Market Revenue, 2019-2024 ($M)
3.Mexico Vitamin A Market Revenue, 2019-2024 ($M)
4.Brazil Vitamin A Market Revenue, 2019-2024 ($M)
5.Argentina Vitamin A Market Revenue, 2019-2024 ($M)
6.Peru Vitamin A Market Revenue, 2019-2024 ($M)
7.Colombia Vitamin A Market Revenue, 2019-2024 ($M)
8.Chile Vitamin A Market Revenue, 2019-2024 ($M)
9.Rest of South America Vitamin A Market Revenue, 2019-2024 ($M)
10.UK Vitamin A Market Revenue, 2019-2024 ($M)
11.Germany Vitamin A Market Revenue, 2019-2024 ($M)
12.France Vitamin A Market Revenue, 2019-2024 ($M)
13.Italy Vitamin A Market Revenue, 2019-2024 ($M)
14.Spain Vitamin A Market Revenue, 2019-2024 ($M)
15.Rest of Europe Vitamin A Market Revenue, 2019-2024 ($M)
16.China Vitamin A Market Revenue, 2019-2024 ($M)
17.India Vitamin A Market Revenue, 2019-2024 ($M)
18.Japan Vitamin A Market Revenue, 2019-2024 ($M)
19.South Korea Vitamin A Market Revenue, 2019-2024 ($M)
20.South Africa Vitamin A Market Revenue, 2019-2024 ($M)
21.North America Vitamin A By Application
22.South America Vitamin A By Application
23.Europe Vitamin A By Application
24.APAC Vitamin A By Application
25.MENA Vitamin A By Application
26.Pfizer, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Zhejiang Medicine Co. Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Adisseo, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Archer Daniel Midland Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.E.I. Du Pont De Numours And Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Integrated Biopharma, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Bayer Ag, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Pharmavite Llc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Nutraceutical Corporation, And Herbalife International, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)