Vitamin Ingredients Market consumption to cross 145 kilo tons by 2024 via food & personal care applications

Tue Jan 8, 2019 - 10:00pm UTC

China vitamin K market share from food applications may expect substantial gains at over 3% over 2018 to 2024, rising food safety concerns along with improving logistics sector may foster the regional growth of vitamin ingredients market for food & personal care applications.

Selbyville, United States – January 8, 2019

Germany vitamin B3 Ingredients market demand from nutraceutical applications shall surpass USD 1.7 million by 2024. These products play an important role in cholesterol management along with providing safety and efficacy. Rising involvement of consumers towards physical health & fitness along with requirement of appropriate diets thereby enhancing healthy metabolism is expected to positively enhance vitamin ingredients market for food & personal care applications.

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Global Vitamin Ingredients Market for Food & Personal Care Applications is set to surpass USD 7 billion by 2024. Increasing demand for natural cosmetic products majorly among the millennial population may stimulate vitamin ingredients market for food & personal care applications. These skin care products have the potential to reduce wrinkles, dark spots, aging-induced cell damage and inflammation which may further boost industry growth.

India vitamin ingredients market for food & personal care applications is predicted to witness gains at about 5% in the forecast timeframe. Increasing awareness for child malnutrition along with shifting focus on healthy lifestyles may drive market growth. The country witnesses high demand for multivitamin supplements owing to less consumer knowledge of specific vitamins. However, major manufacturers are trying to rectify this lack of awareness by conducting large scale advertising campaigns which may boost vitamin ingredients market for food & personal care applications.

China vitamin K market share from food applications may expect substantial gains at over 3% over the forecast period. Inefficient intake of these products is highly related to development of osteoporosis creating serious health issues and weak bones. Presence of large population, improving logistics sector along with rising food safety concerns may foster the regional growth of vitamin ingredients market for food & personal care applications.

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Nutraceuticals applications from vitamin K market demand may exceed consumption at 2.1 kilo tons by 2024. These clotting factors which may cause excessive bleeding Moreover, this nutrient has a major role in breaking down body fats, blood sugar regulation, and maintaining bone & heart health. Vitamin K are used to treat deficiency of blood supplements are available in various forms such as chewables, softgels, tablets and capsules which allows convenient consumption and stimulate the growth of vitamin ingredients market for food & personal care applications.

BASF, Pfizer, DSM, Nestle, Groupe Danone, and Lonza are some of the prominent manufacturers in vitamin ingredients market for food & personal care applications. Several manufacturers are focusing on strategic mergers & acquisitions to strengthen market position and achieve market expansion. Moreover, some companies have adopted innovative approaches thereby achieving product development, expansion of product portfolio and growth in vitamin ingredients market for food & personal care applications.

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Partial Chapter from the Table of Contents (TOC):
Chapter 3 Vitamin Ingredients Market for Food & Personal Care Applications Industry Insights

3.1 Industry segmentation

3.2 Industry landscape, 2013 – 2024

3.3 Industry ecosystem analysis

3.3.1 Vendor matrix

3.3.2 Distribution channel analysis

3.3.2.1 Collaboration/Partnerships

3.3.2.2 Distributors

3.3.2.3 Contract Manufacturing

3.3.2.4 Technology Providers

3.4 Technology landscape

3.5 Regulatory landscape

3.5.1 U.S.

3.5.1.1 Dietary Supplements Health and Education Act (DSHEA)

3.5.1.2 Nutrition Labeling and Education Act (NLEA)

3.5.2 Europe

3.5.2.1 Directive 2002/46/EC

3.5.2.2 Regulation (EC) No 1924/2006

3.5.3 China

3.5.3.1 Food Safety Law of the People’s Republic of China (2015)

3.6 Industry impact forces

3.6.1 Growth drivers

3.6.1.1 Asia Pacific: Growing demand for nutraceutical products

3.6.1.2 Europe: Rising demand for organic supplements

3.6.1.3 North America: Booming personal care industry

3.6.2 Industry pitfalls & challenges

3.6.2.1 Stringent regulations

3.7 Innovation & sustainability

3.8 Price trend

3.8.1 Vitamin A

3.8.2 Vitamin D

3.8.3 Vitamin K

3.8.4 Vitamin E

3.8.5 Vitamin B1

3.8.6 Vitamin B2

3.8.7 Vitamin B3

3.8.8 Vitamin B5

3.8.9 Vitamin B6

3.8.10 Vitamin B7

3.8.11 Vitamin B12

3.8.12 Vitamin C

3.9 Growth potential analysis, 2017

3.9.1 Emerging business model

3.9.1.1 New product launch

3.9.1.2 Acquisition

3.10 Porter’s analysis

3.11 Competitive landscape, 2017

3.11.1 Company market share, 2017

3.11.1.1 Vitamin A

3.11.1.2 Vitamin D

3.11.1.3 Vitamin E

3.11.1.4 Vitamin K

3.11.1.5 Vitamin B1

3.11.1.6 Vitamin B2

3.11.1.7 Vitamin B3

3.11.1.8 Vitamin B5

3.11.1.9 Vitamin B6

3.11.1.10 Vitamin B7

3.11.1.11 Vitamin B12

3.11.1.12 Vitamin C

3.11.2 Strategy dashboard

3.11.3 Production capacity

3.11.3.1 Vitamin A

3.11.3.2 Vitamin D

3.11.3.3 Vitamin E

3.11.3.4 Vitamin K

3.11.3.5 Vitamin B1

3.11.3.6 Vitamin B2

3.11.3.7 Vitamin B3

3.11.3.8 Vitamin B5

3.11.3.9 Vitamin B6

3.11.3.10 Vitamin B7

3.11.3.11 Vitamin B12

3.11.3.12 Vitamin C

3.12 PESTEL analysis

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