Vitamin D Ingredients Market - Forecast(2021 - 2026)

Report Code: FBR 16874 Report Format: PDF + Excel (Delivery in 48 Hrs)

Vitamin D Ingredients Market Overview

Vitamin D Ingredients Market size is estimated to be $3.06 billion in 2020, growing at a CAGR of 8.9% during the forecast period 2021-2026. Vitamin D is a fat-soluble vitamin that acts as a steroid hormone. In humans, the primary source of vitamin D is UVB-induced conversion of 7-dehydrocholestrol to vitamin D in the skin. Rising number of people suffering from rickets owing to poor nutrition, lack of exposure to sunlight, unhealthy eating habits and malabsorption syndromes in which the intestines do not adequately absorb nutrients from food is a vital factor contributing to its market growth. Apart from this vitamin D regulate the amount of calcium and phosphate in the body to keep bones, teeth, and muscles healthy. Besides, this the rising use of Vitamin D Ingredients in pharmaceutical, food and beverages, cosmetics, animal feed and others are a vital factor contributing to its market growth. Hence, the rising use of Vitamin D Ingredients in various industry for different purposes is a significant factor driving the market in the upcoming years. Furthermore, the increasing initiatives by government bodies to provide a proper vitamin D to the consumers is another factor propelling its market growth. For instance, in India, Indian Council of Medical Research (ICMR) recommends, a daily supplement of 400 IU/day for Indians under situations of minimal exposure to sunlight. 

Vitamin D Ingredients Market Report Coverage

The report: “Vitamin D Ingredients Market Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Vitamin D Ingredients Market.
By Product Type- Vitamin D3 and Vitamin D2.
By Form - Powder and Liquid.
By Source - Oily Fish, Red Meat, Egg Yolks, Fortified Foods, Fruits and Others.
By Application - Food & Beverages, Pharmaceutical, Cosmetic, Animal Feed and Others.
By Geography - North America, Europe, Asia Pacific, and Rest of the World.

Key Takeaways

  • Vitamin D2 segment held the largest market share in the year 2020 owing to the rising health benefits associated with its consumption.
  • Pharmaceuticals segment held the largest market share in the year 2020 owing to the wide usage of Vitamin D Ingredients in capsules, tablet, and oral solutions.
  • Asia Pacific contributed to the largest market share of 34.4% in 2020 owing to large number of people suffering from rickets in that region.
  • Rising Demand of Vitamin D Ingredients in Cosmetic Industry is a significant factor driving the Vitamin D Ingredients market during the forecast period 2021-2026.

Vitamin D Ingredients Market Segment Analysis - By Product Type

By Product Type the Vitamin D Ingredients Market is segmented into Vitamin D3 and Vitamin D2.  Vitamin D2 segment held the largest market share in the year 2020 owing to the rising health benefits associated with its consumption. Major sources of vitamin D2 are mushrooms, fortified foods, and dietary supplements. Moreover, mushrooms contain a super high concentration of two antioxidants, ergothioneine and glutathione which helps prevent Parkinson’s and Alzheimer disease. Hence, the rising benefits associated with vitamin D2 consumption coupled with the growing usage of it in various application is a vital factor contributing to its segmental growth. Also, vitamin D3 segment is projected to witness growth at fastest CAGR of 9.1% in forecast period 2021-2026. Moreover, vitamin D3 also known as sunshine vitamin is produced naturally in the skin when it is exposed to sunlight and though certain foods. In addition, vitamin D3 cleverly transforms into a hormone in the body and circulates in the bloodstream to help in the absorption of calcium and phosphorous. Hence, the rising benefits of vitamin D3 serves as a vital factor for its market growth in the future.

Vitamin D Ingredients Market Segment Analysis - By Application

By Application, the Vitamin D Ingredients Market is segmented into Food & Beverages, Pharmaceutical, Cosmetic, Animal Feed and Others. Pharmaceutical segment held the largest market share in the year 2020 owing to the wide usage of Vitamin D Ingredients in capsules, tablet, and oral solutions. Moreover, vitamin D is a fat-soluble vitamin used in the treatment of hypoparathyroidism, refractory rickets also known as vitamin D resistant rickets and familial hypophosphatemia. In addition, vitamin D is available under the different brand names namely Drisdol, calciferol, cholecalciferol and ergocalciferol usually for adults and pediatrics in the form of oral solution, capsules, and tablets. Also, food & beverages segment is projected to witness growth at fastest CAGR during the forecast period 2021-2026 owing to the increasing demand among consumers for supplements with high vitamin D contents which in turn serves as an opportunity for manufacturers to coming up with a wide range of products. For instance, in November 2020 Tetley launched super squash in the U.K.  based on a blend of real fruit juices enhanced by adding vitamins carrying 3 EFSA approval health benefits. 

Vitamin D Ingredients Market Segment Analysis - By Geography

Asia Pacific contributed to the largest market share of 34.4% in 2020 owing to large number of people suffering from rickets in that region. For instance, a survey in Beijing indicated that vitamin-D deficiency occurred in more than 40% of adolescents’ girls in winter. Hence, an increase in the number of people suffering from rickets has eventually led to an increase in the of demand of vitamin D ingredients in food and beverages products in that region which in turn is fostering its market growth in that region. North America Vitamin D Ingredients market is another dominant market owing to the stringent government regulation to provide a better-quality product to its customer. For instance, in July 2016, FDA approved an increase to the amount of vitamin D that is added as optional ingredient to milk, and approved the addition of vitamin D to beverages, made from edible plants intended as milk alternatives such as beverages made from soy, almond, coconut and edible plant-based yoghurt alternatives.

Vitamin D Ingredients Market Drivers

Rising Demand of Vitamin D Ingredients in Cosmetic Industry

Rising Demand of Vitamin D Ingredients in Cosmetic Industry is a significant factor driving the Vitamin D Ingredients market during the forecast period 2021-2026.For instance, the most important practical use of vitamin D in the skin is to date is as a mild-to-moderate anti-inflammatory used clinically as a cream in the treatment of conditions such as psoriasis, eczema, and vitiligo. Therefore, the increasing number of people suffering from psoriasis and eczema has the led to the adoption of creams with vitamin D contents which in turn is propelling the demand of the Vitamin D Ingredients in the future.

Increasing Health Benefits Associated with Vitamin D Ingredients 

Increasing health benefits associated with Vitamin D Ingredients is a major driving the Vitamin D Ingredients Market during the forecast period 2021-2026.Moreover, according to the Office of Dietary Supplements (OD), the key benefit of vitamin D is that it helps keep a person bone’s, muscles, and nerves healthy. In addition, it also contributes to a healthy immune system. Therefore, increasing health benefits offered by Vitamin D Ingredients coupled the rising use of Vitamin D Ingredients in various industry is a major factor driving its market growth in the upcoming years.

Vitamin D Ingredients Market Challenges

Side-Effects of Vitamin D Ingredients  

Side-Effects associated with excess consumption of Vitamin D Ingredients serves as a major setback for the growth of the Vitamin D Ingredients Market during the forecast period 2021-2026.Moreover, excess consumption vitamin D leads to nausea, vomiting, poor appetite, bone loss and kidney failure which in turn is restraining its market during the forecast period 2021-2026.

Vitamin D Ingredients Market Industry Outlook 

Product Launches, Merger & Acquisition, joint ventures, and R&D activities are key strategies adopted by the players in Vitamin D Ingredients Market. Vitamin D Ingredients Market top 10 are Nestle S.A., BASF, Pfizer Inc., Koninklijke DSM N.V., ADM Alliance Nutrition Inc., Kraft Foods Group, GlaxoSmithKline, Schiff Nutrition International Inc., Barr Pharmaceutical and J.R. Carlson Laboratories.

Developments:

  • June 2017: Lallemand launched a new range of Instaferm VitaD premixes, which are blends composed of dried VitaD yeast and wheat flour for inclusion in bread, rolls, and fine bakery products. 

1. Vitamin D Ingredients Market Overview
    1.1 Definitions and Scope
2. Vitamin D Ingredients Market - Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Product Type
    2.3 Key trends by Form
    2.4 Key trends by Source
    2.5 Key trends by Application
    2.6 Key trends by Geography
3. Vitamin D Ingredients Market –Comparative Analysis
    3.1 Product Benchmarking - Key companies
    3.2 Financials Analysis - Key Companies
    3.3 Market Share Analysis- Key Companies
    3.4 Patent Analysis 
    3.5 Pricing Analysis
4. Vitamin D Ingredients Market- Startup companies Scenario Premium Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Application Analysis
        4.1.4 Venture Capital and Funding Scenario
5. Vitamin D Ingredients 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 D Ingredients Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    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 D Ingredients Market -Strategic analysis
    7.1 Value chain analysis 
    7.2 Opportunities analysis
    7.3 Market life cycle
8. Vitamin D Ingredients Market – By Product Type(Market Size –$Million/$Billion)
    8.1 Vitamin D3
    8.2 Vitamin D2
9. Vitamin D Ingredients Market – By Form(Market Size –$Million/$Billion)
    9.1 Powder
    9.2 Liquid
10. Vitamin D Ingredients Market – By Source(Market Size –$Million/$Billion)
    10.1 Oily Fish
        10.1.1 Salmon
        10.1.2 Sardines
        10.1.3 Herring
    10.2 Red Meat
    10.3 Egg Yolks
    10.4 Fortified Foods
    10.5 Fruits
    10.6 Others
11. Vitamin D Ingredients Market – By Application(Market Size –$Million/$Billion)
    11.1 Food & Beverages
    11.2 Pharmaceutical
    11.3 Cosmetic
    11.4 Animal Feed
    11.5 Others
12. Vitamin D Ingredients Market - By Geography (Market Size -$Million/$Billion)
    12.1 North America
        12.1.1 U.S.
        12.1.2 Canada
        12.1.3 Mexico
    12.2 Europe
        12.2.1 U.K.
        12.2.2 Germany
        12.2.3 France
        12.2.4 Italy
        12.2.5 Spain
        12.2.6 Rest of Europe
    12.3 Asia-Pacific
        12.3.1 China
        12.3.2 Japan
        12.3.3 South Korea
        12.3.4 India
        12.3.5 Australia & New Zealand
        12.3.6 Rest of APAC
    12.4 Rest of the World
        12.4.1 Middle East
        12.4.2 Africa
        12.4.3 South America
13. Vitamin D Ingredients Market - Entropy
14. Vitamin D Ingredients Market – Industry/Segment Competition Landscape Premium
    14.1 Market Share Analysis
        14.1.1 Global Market Share – Key Companies
        14.1.2 Market Share by Region – Key companies
        14.1.3 Market Share by Country- Key companies
        14.1.4 Best Practices for Companies
15. Vitamin D Ingredients Market – Key Company List by Country Premium Premium
16. Vitamin D Ingredients Market Company Analysis
    16.1 Company Revenue, Products, M&A, Developments
    16.2 Nestle S.A.
    16.3 BASF
    16.4 Pfizer Inc.,
    16.5 Koninklijke DSM N.V.
    16.6 ADM Alliance Nutrition Inc.,
    16.7 Kraft Foods Group
    16.8 GlaxomithKline
    16.9 Schiff Nutrition International Inc.,
    16.10 Barr Pharmaceutical
    16.11 J.R.Carlson Laboratories
*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Vitamin D Ingredients Market, by Product Type Market 2019-2024 ($M)
1.1 Summary Market 2019-2024 ($M) - Global Industry Research
1.2 Snapshot Market 2019-2024 ($M) - Global Industry Research
2.Global Vitamin D Ingredients Market, by Source Type Market 2019-2024 ($M)
2.1 Summary Market 2019-2024 ($M) - Global Industry Research
2.2 Snapshot Market 2019-2024 ($M) - Global Industry Research
3.Global Vitamin D Ingredients Market, by Form Type Market 2019-2024 ($M)
3.1 Summary Market 2019-2024 ($M) - Global Industry Research
3.2 Snapshot Market 2019-2024 ($M) - Global Industry Research
4.Global Competition Landscape Market 2019-2024 ($M)
4.1 Competition Dashboard, Major Players Market 2019-2024 ($M) - Global Industry Research
4.2 Vitamin D Ingredients Market Structure Analysis Market 2019-2024 ($M) - Global Industry Research
5.Global Vitamin D Ingredients Market, by Product Type Market 2019-2024 (Volume/Units)
5.1 Summary Market 2019-2024 (Volume/Units) - Global Industry Research
5.2 Snapshot Market 2019-2024 (Volume/Units) - Global Industry Research
6.Global Vitamin D Ingredients Market, by Source Type Market 2019-2024 (Volume/Units)
6.1 Summary Market 2019-2024 (Volume/Units) - Global Industry Research
6.2 Snapshot Market 2019-2024 (Volume/Units) - Global Industry Research
7.Global Vitamin D Ingredients Market, by Form Type Market 2019-2024 (Volume/Units)
7.1 Summary Market 2019-2024 (Volume/Units) - Global Industry Research
7.2 Snapshot Market 2019-2024 (Volume/Units) - Global Industry Research
8.Global Competition Landscape Market 2019-2024 (Volume/Units)
8.1 Competition Dashboard, Major Players Market 2019-2024 (Volume/Units) - Global Industry Research
8.2 Vitamin D Ingredients Market Structure Analysis Market 2019-2024 (Volume/Units) - Global Industry Research
9.North America Vitamin D Ingredients Market, by Product Type Market 2019-2024 ($M)
9.1 Summary Market 2019-2024 ($M) - Regional Industry Research
9.2 Snapshot Market 2019-2024 ($M) - Regional Industry Research
10.North America Vitamin D Ingredients Market, by Source Type Market 2019-2024 ($M)
10.1 Summary Market 2019-2024 ($M) - Regional Industry Research
10.2 Snapshot Market 2019-2024 ($M) - Regional Industry Research
11.North America Vitamin D Ingredients Market, by Form Type Market 2019-2024 ($M)
11.1 Summary Market 2019-2024 ($M) - Regional Industry Research
11.2 Snapshot Market 2019-2024 ($M) - Regional Industry Research
12.North America Competition Landscape Market 2019-2024 ($M)
12.1 Competition Dashboard, Major Players Market 2019-2024 ($M) - Regional Industry Research
12.2 Vitamin D Ingredients Market Structure Analysis Market 2019-2024 ($M) - Regional Industry Research
13.South America Vitamin D Ingredients Market, by Product Type Market 2019-2024 ($M)
13.1 Summary Market 2019-2024 ($M) - Regional Industry Research
13.2 Snapshot Market 2019-2024 ($M) - Regional Industry Research
14.South America Vitamin D Ingredients Market, by Source Type Market 2019-2024 ($M)
14.1 Summary Market 2019-2024 ($M) - Regional Industry Research
14.2 Snapshot Market 2019-2024 ($M) - Regional Industry Research
15.South America Vitamin D Ingredients Market, by Form Type Market 2019-2024 ($M)
15.1 Summary Market 2019-2024 ($M) - Regional Industry Research
15.2 Snapshot Market 2019-2024 ($M) - Regional Industry Research
16.South America Competition Landscape Market 2019-2024 ($M)
16.1 Competition Dashboard, Major Players Market 2019-2024 ($M) - Regional Industry Research
16.2 Vitamin D Ingredients Market Structure Analysis Market 2019-2024 ($M) - Regional Industry Research
17.Europe Vitamin D Ingredients Market, by Product Type Market 2019-2024 ($M)
17.1 Summary Market 2019-2024 ($M) - Regional Industry Research
17.2 Snapshot Market 2019-2024 ($M) - Regional Industry Research
18.Europe Vitamin D Ingredients Market, by Source Type Market 2019-2024 ($M)
18.1 Summary Market 2019-2024 ($M) - Regional Industry Research
18.2 Snapshot Market 2019-2024 ($M) - Regional Industry Research
19.Europe Vitamin D Ingredients Market, by Form Type Market 2019-2024 ($M)
19.1 Summary Market 2019-2024 ($M) - Regional Industry Research
19.2 Snapshot Market 2019-2024 ($M) - Regional Industry Research
20.Europe Competition Landscape Market 2019-2024 ($M)
20.1 Competition Dashboard, Major Players Market 2019-2024 ($M) - Regional Industry Research
20.2 Vitamin D Ingredients Market Structure Analysis Market 2019-2024 ($M) - Regional Industry Research
21.APAC Vitamin D Ingredients Market, by Product Type Market 2019-2024 ($M)
21.1 Summary Market 2019-2024 ($M) - Regional Industry Research
21.2 Snapshot Market 2019-2024 ($M) - Regional Industry Research
22.APAC Vitamin D Ingredients Market, by Source Type Market 2019-2024 ($M)
22.1 Summary Market 2019-2024 ($M) - Regional Industry Research
22.2 Snapshot Market 2019-2024 ($M) - Regional Industry Research
23.APAC Vitamin D Ingredients Market, by Form Type Market 2019-2024 ($M)
23.1 Summary Market 2019-2024 ($M) - Regional Industry Research
23.2 Snapshot Market 2019-2024 ($M) - Regional Industry Research
24.APAC Competition Landscape Market 2019-2024 ($M)
24.1 Competition Dashboard, Major Players Market 2019-2024 ($M) - Regional Industry Research
24.2 Vitamin D Ingredients Market Structure Analysis Market 2019-2024 ($M) - Regional Industry Research
25.MENA Vitamin D Ingredients Market, by Product Type Market 2019-2024 ($M)
25.1 Summary Market 2019-2024 ($M) - Regional Industry Research
25.2 Snapshot Market 2019-2024 ($M) - Regional Industry Research
26.MENA Vitamin D Ingredients Market, by Source Type Market 2019-2024 ($M)
26.1 Summary Market 2019-2024 ($M) - Regional Industry Research
26.2 Snapshot Market 2019-2024 ($M) - Regional Industry Research
27.MENA Vitamin D Ingredients Market, by Form Type Market 2019-2024 ($M)
27.1 Summary Market 2019-2024 ($M) - Regional Industry Research
27.2 Snapshot Market 2019-2024 ($M) - Regional Industry Research
28.MENA Competition Landscape Market 2019-2024 ($M)
28.1 Competition Dashboard, Major Players Market 2019-2024 ($M) - Regional Industry Research
28.2 Vitamin D Ingredients Market Structure Analysis Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Vitamin D Ingredients Market Revenue, 2019-2024 ($M)
2.Canada Vitamin D Ingredients Market Revenue, 2019-2024 ($M)
3.Mexico Vitamin D Ingredients Market Revenue, 2019-2024 ($M)
4.Brazil Vitamin D Ingredients Market Revenue, 2019-2024 ($M)
5.Argentina Vitamin D Ingredients Market Revenue, 2019-2024 ($M)
6.Peru Vitamin D Ingredients Market Revenue, 2019-2024 ($M)
7.Colombia Vitamin D Ingredients Market Revenue, 2019-2024 ($M)
8.Chile Vitamin D Ingredients Market Revenue, 2019-2024 ($M)
9.Rest of South America Vitamin D Ingredients Market Revenue, 2019-2024 ($M)
10.UK Vitamin D Ingredients Market Revenue, 2019-2024 ($M)
11.Germany Vitamin D Ingredients Market Revenue, 2019-2024 ($M)
12.France Vitamin D Ingredients Market Revenue, 2019-2024 ($M)
13.Italy Vitamin D Ingredients Market Revenue, 2019-2024 ($M)
14.Spain Vitamin D Ingredients Market Revenue, 2019-2024 ($M)
15.Rest of Europe Vitamin D Ingredients Market Revenue, 2019-2024 ($M)
16.China Vitamin D Ingredients Market Revenue, 2019-2024 ($M)
17.India Vitamin D Ingredients Market Revenue, 2019-2024 ($M)
18.Japan Vitamin D Ingredients Market Revenue, 2019-2024 ($M)
19.South Korea Vitamin D Ingredients Market Revenue, 2019-2024 ($M)
20.South Africa Vitamin D Ingredients Market Revenue, 2019-2024 ($M)
21.North America Vitamin D Ingredients By Application
22.South America Vitamin D Ingredients By Application
23.Europe Vitamin D Ingredients By Application
24.APAC Vitamin D Ingredients By Application
25.MENA Vitamin D Ingredients By Application