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 at $3.3 billion in 2020, projected to grow at a CAGR of 7.7% during the forecast period 2021-2026. Vitamin D is a fat-soluble secosteroids accountable for boosting intestinal assimilation of calcium, magnesium and phosphate and plenty of other biological effects. It is accessible as a dietary additive. Osteomalacia is a condition in which bones become noticeably softer, usually as a result of a severe vitamin D deficit. Low blood levels of vitamin D have been reported in people with graves disease who had hyperthyroidism(overactive thyroid), hypothyroidism (underactive thyroid) or hypoparathyroidism (low PTH). Vitamin D is also formed when ultraviolet (UV) rays from sunlight fall on the human skin and activate the integration of vitamin D. With a growing predominance of vitamin D deficiency, there is a rise in demand for vitamin D ingredients. This is functioning as a driving force in the market for vitamin D compounds. Customers are increasingly choosing commodities containing vitamin D, which contribute to an increase in the global market for vitamin D components in the future. The human body's calcium metabolism is aided by vitamin D. It also allows the mineralization of bones. Vitamin D ingredients are therefore used extensively in pharmaceuticals and also in the food and beverage space. With regard to human beings, the significant compounds in this collection are vitamin D3 and vitamin D2. Children and young adults with osteomalacia may have bending throughout growing, particularly in the weight-bearing bones of the legs. The significant realistic application of vitamin D in the skin is as a gentle-to-balanced anti-inflammatory clinical cream utilized in the healing of conditions like psoriasis, eczema and vitiligo. Customer acceptability of creams containing vitamin D components has increased as the number of individuals suffering from psoriasis and eczema has increased, boosting demand for vitamin D ingredients. As a result of the rising demand for vitamin D components in the cosmetics industry, the vitamin D ingredients market is expected to grow between 2021 and 2026.

Vitamin D Ingredients Market Report Coverage

The report: Vitamin D Ingredients Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Vitamin D Ingredients Market.

By Product Type: Vitamin D3, Vitamin D2.
By Source: Milk, Eggs, Fish, Red Meat, Fortified Foods, Animals, Plants, Fruits and Vegetables, Others (Microalgae, Fungi).
By Form: Powder, Resin, Liquid, Capsules and Tablets.
By Application: Food and Beverages, Pharmaceuticals, Animal Feed and Pet Food, Personal Care Products, Others.
By End User: Adults, Pregnant Women, and Children.
By Geography: North America (U.S, Canada and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia & New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina and Rest of South America) and RoW (Middle East and Africa).

Key Takeaways

Vitamin D Ingredients Market: Market Share (%) by Region, 2020

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Vitamin D Ingredients Market Segment Analysis – By Product Type

Based on Product Type, Vitamin D2 Fatty Acids Segment accounted for the largest revenue market share in 2020 owing to the increasing health advantages connected with its consumption. The primary origins of vitamin D2 include mushrooms cultivated in UV light, fortified foods and nutritive supplements. Edible mushrooms display very powerful anti-oxidative and anti-inflammatory activity. Mushrooms are extensively utilized to fight neurodegenerative ailments like Parkinson’s and Alzheimer’s disease. These benefits have driven the consumption of vitamin D2 and resulted in the market growth for vitamin D2 in 2020, thereby, driving the Vitamin D Ingredients Industry. Omega 6 Fatty Acids segment is anticipated to grow with the fastest CAGR of 8.4% in the forecast period 2021-2026. This can be ascribed to the powerful demand for fish in the manufacture of vitamin D3 amid diverse industries like food and beverage, cosmetic, pharmaceutical and animal feed and pet food. Vitamin D3 is termed as the sunshine vitamin as it is manufactured organically in the skin when the skin is exposed to the sunlight and through some foods. Hypervitaminosis D is a very uncommon but potentially fatal disease. It occurs when you consume an excessive amount of vitamin D. It's generally caused by taking a lot of vitamin D pills. Vitamin D3 ingeniously converts into a hormone in the human body and disseminates in the blood stream to support the assimilation of calcium and phosphorous further driving the segment growth.

Vitamin D Ingredients Market Segment Analysis – By Application

Based on Application, Pharmaceutical accounted for the largest revenue market share in 2020 and is also projected to witness the fastest CAGR growth during the forecast period 2021-2026 owing to the extensive use of vitamin D ingredients in capsules, tablet and oral solutions. Furthermore, vitamin D is used in healing ailments like rickets and hypoparathyroidism. Vitamin D is accessible as diverse brand names like Drisdol, Calciferol and Cholecalciferol and it also comes in the form of Drise sachets. Treatment for osteomalacia include getting adequate vitamin D and calcium, which are both necessary for hardening and strengthening bones, as well as addressing any underlying problems. Pharmaceutical companies are advertising their commodities with vitamin D ingredients to fuel their sales and increase their customer base thereby, driving the segment growth. Vitamin D Ingredients Industry. Food & Beverages is projected to witness the second fastest CAGR of 7.9% during the forecast period 2021-2026 Manufacturers are constantly creating and releasing new and creative vitamin D compounds in various forms, and demand for new types is continually increasing, particularly in developed countries. Furthermore, the growth of the segment is expected to be fuelled by the growing hectic lifestyles of the working population, as well as rising health-consciousness among consumers.

Vitamin D Ingredients Market Segment Analysis – By Geography

Based on Geography, North America Vitamin D Ingredients Market accounted for the 39% revenue share in 2020 owing to supportive regulations and increased intake of nutritious additives by customers. For instance, FDA in July 2016 authorized a rise in the quantity of vitamin that is included as a non-compulsory constituent to milk and furthermore, authorized the inclusion of vitamin D to beverages made from palatable plants proposed as milk substitutes like beverages prepared from soy, almond, coconut and palatable plant-based yoghurt substitutes. Most of the population are probably not receiving enough vitamin D through your diet or from sunlight exposure. However, instances of skin cancer have been documented as a result of tanning bed use. In addition, during the last several years, the number of instances with hypervitaminosis D has increased. Europe also has an increasing populace of elderly affected by deficiency of vitamin D. Europe is estimated to be the market with the most potential for the major players in the vitamin D ingredients market worldwide, thereby, accelerating Vitamin D Ingredients Industry expansion across the region. Asia-Pacific is predicted to be the fastest growing region during the forecast period 2021- 2026 owing to a huge number of people being affected with rickets in the region. Lack of vitamin D is prevalent in the Asian region amidst the elderly populace, women and children to increase demand over the projection period which propel the Vitamin D Ingredients Market.

Vitamin D Ingredients Market - Drivers

Prevalence of Vitamin D Deficiency Ailments:

The Increasing cases of ailments like rickets which are caused due to vitamin D deficiency and dearth of exposure to sunlight coupled with unhealthy food consumption is estimated to be a primary market driver for vitamin D ingredients. When the thyroid gland generates too much of the hormone thyroxine, you have hyperthyroidism (overactive thyroid). Hyperthyroidism causes your body's metabolism to speed up, resulting in unintended weight loss and a fast or irregular pulse. Hyperthyroidism can be treated in a variety of ways by incorporating vitamin D is one among them. People living in urban cities spend most of their time in office working as compared to their rural counterparts who spend time taking care of their fields or cattle in the sunlight. Residents of urban areas are thus more prone to acquiring deficiency of vitamin D and thereby being affected by ailments caused due to vitamin D deficiency. This determinant is forecast to shoot the demand up for vitamin D ingredients Industry.

Growing Involvement Of Regulatory Bodies:

Supportive regulations by regulatory bodies act as a stimulus for the vitamin D ingredients industry. As a result, vitamin D makers are able to market their products without too many restrictions. These features encourage the pharmaceutical companies to market products with vitamin D ingredients easily. Pharmaceutical companies are enhancing their efforts to advocate the adoption of vitamin D commodities which may step up the vitamin D ingredients market worldwide in the upcoming years. Furthermore, regulatory authorities are increasing their efforts in publicizing the benefits of managing vitamin D commodities for the purpose of selling, which is boosting the global vitamin D ingredient market. Vitamin D components are in high demand in a variety of culinary applications as a result of this.

Vitamin D Ingredients Market - Challenges

Restraints Imposed By Medical Conditions:

The expansion of the Vitamin D Ingredients Market is restricted by the rising number of cases of a medical ailment linked to excessive vitamin D usage is expected to stifle the market for vitamin D components. If a person takes vitamin D supplements and has other health issues, such as renal illness, liver disease, TB, hyperparathyroidism, sarcoidosis, or histoplasmosis, he is more prone to develop hypervitaminosis D. Vitamin D toxicity, also known as Hypervitaminosis D, is caused by a high level of vitamin D in the body. Kidney stones, renal damage, kidney failure, excess bone loss, calcification (hardening) of arteries and soft tissues are all long-term consequences of untreated hypervitaminosis D. Hypercalcemia is a rare but serious illness that causes an accumulation of excess calcium in the blood. As a result, excessive vitamin D consumption can lead to serious medical problems. This determinant is thought to stifle the growth of vitamin D ingredients on the market.

Vitamin D Ingredients Market - Landscape

The Vitamin D Ingredients Market's main strategies include product launches, mergers and acquisitions, joint ventures, and regional expansion. Vitamin D Ingredients Market top 10 companies are Axellus, Epax, BASF SE, Cargill, DSM, OLVEA Fish Oils, Omega Protein Corporation, GC Reiber Oils, Lonza, Croda International and Aker BioMarine.

Acquisitions/Product Launches:

In February 2021, Lonza Specialty Ingredients (“LSI”), a division of Lonza AG to be acquired by Bain Capital Private Equity and Cinven for a total enterprise value of EUR 3.9 billion.

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1. Vitamin D Ingredients Market - Overview
    1.1 Definitions and Scope
2. Vitamin D Ingredients Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends
    2.2 Key trends by Product Type
    2.3 Key Trends by Source
    2.4 Key Trends by Form
    2.5 Key trends by Application
    2.6 Key Trends by End-User
    2.7 Key trends by Geography
3. Vitamin D Ingredients Market - Comparative Analysis
    3.1 Company Benchmarking – Key Companies
    3.2 Financial Analysis– Key Companies
    3.3 Market Share Analysis – Key Companies
    3.4 Patent Analysis
    3.5 Pricing Analysis- Average Selling Price
4. Vitamin D Ingredients 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 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/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 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 Source (Market Size –$Million/$Billion)
    9.1 Milk
    9.2 Eggs
    9.3 Fish
    9.4 Red Meat
    9.5 Fortified Foods
    9.6 Animals
    9.7 Plants, Fruits and Vegetables
    9.8 Others (Microalgae, Fungi, Yeast and so on)
10. Vitamin D Ingredients Market – By Form (Market Size –$Million/$Billion)
    10.1. Powder
    10.2. Resin
    10.3. Liquid 
    10.4. Capsules and tablets
11. Vitamin D Ingredients Market – By Application (Market Size –$Million/$Billion)
    11.1 Food and Beverages
    11.2 Pharmaceuticals
    11.3 Animal Feed and Pet Food
    11.4 Personal Care Products
    11.5 Others
12. Vitamin D Ingredients Market – By End User (Market Size –$Million/$Billion)
    12.1 Adults
    12.2 Pregnant Women
    12.3 Children
13. Vitamin D Ingredients Market - By Geography (Market Size –$Million/$Billion)
    13.1 North America
        13.1.1 U.S.
        13.1.2 Canada
        13.1.3 Mexico
    13.2 Europe
        13.2.1 U.K.
        13.2.2 Germany
        13.2.3 France
        13.2.4 Italy
        13.2.5 Spain
        13.2.6 Rest of Europe
    13.3 Asia-Pacific
        13.3.1 China
        13.3.2 India
        13.3.3 Japan
        13.3.4 South Korea
        13.3.5 Australia & New Zealand
        13.3.6 Rest of Asia-Pacific
    13.4 South America
        13.4.1 Brazil
        13.4.2 Argentina
        13.4.3 Rest of South America
    13.5 Rest of the World
        13.5.1 Middle East
        13.5.2 Africa
14. Vitamin D Ingredients Market - Entropy
15. Vitamin D Ingredients Market – Industry/Segment Competition Landscape Premium 
    15.1 Market Share Analysis
        15.1.1 Global Market Share – Key Companies
        15.1.2 Market Share by Region – Key companies
        15.1.3 Market Share by Country – Key Companies
        15.1.4 Competition Matrix
        15.1.5 Best Practices for Companies
16. Vitamin D Ingredients Market – Key Company List by Country Premium Premium
17. Vitamin D Ingredients Market Company Analysis
    17.1 Company 1
    17.2 Company 2
    17.3 Company 3
    17.4 Company 4
    17.5 Company 5
    17.6 Company 6
    17.7 Company 7
    17.8 Company 8
    17.9 Company 9
    17.10 Company 10
"*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