Global Vitamin D Market Poised to Reach $2.11 Billion by 2027, Fueled by Rising Osteoporosis Incidences in Women
The Business Research Company’s Vitamin D Global Market Report 2023 – Market Size, Trends, And Forecast 2023-2027
LONDON, GREATER LONDON, UK, November 2, 2023 /EINPresswire.com/ — The global vitamin D market, currently valued at $1.36 billion in 2022, is anticipated to reach $1.47 billion in 2023, reflecting a substantial compound annual growth rate (CAGR) of 8.2%. Despite the disruptive impact of the Russia-Ukraine conflict on global economic recovery and supply chains, the market is projected to experience steady expansion, reaching an estimated value of $2.11 billion by 2027.
Market Segmentation and Key Players
• Type: Vitamin D3, Vitamin D2
• IU Strength: 500,000 IU, 100,000 IU, 40 MIU
• Form: Oil, Powder
• End User: Adults, Pregnant Women, Children
Notable market players, including BASF, DSM, and Pfizer, are actively engaged in introducing faster-acting vitamin D supplements to cater to the demand for quick and effective treatment of severe vitamin D deficiency. Strategic acquisitions, as exemplified by Unilever plc’s acquisition of SmartyPants Vitamins, are further reshaping the competitive landscape, leading to an enriched product portfolio and a stronger market position.
For detailed insights, explore the sample report on the global vitamin D market:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6995&type=smp
Driving Force: Surge in Osteoporosis Incidences in Women
The market growth is significantly influenced by the surge in osteoporosis cases among women, primarily linked to factors such as calcium and vitamin D deficiency, genetic predisposition, and hormonal changes post-menopause. Given vitamin D’s pivotal role in facilitating calcium absorption and promoting bone health, the demand for vitamin D supplements is poised to surge, addressing the specific nutritional needs of women, especially after menopause.
Faster-Acting Vitamin D Supplements: A Prominent Trend
The advent of faster-acting vitamin D supplements has revolutionized the market, offering more effective and rapid solutions to combat severe vitamin D deficiency. Manufacturers are focusing on enhancing their product portfolios to provide innovative and quicker-acting vitamin D supplements, catering to the urgent requirements of patients with severe vitamin D deficiencies. Notable players, such as Royal DSM, have introduced ampli-D, a fast-acting vitamin D supplement known to significantly expedite the achievement of optimal vitamin D levels, especially in supporting immune health.
Regional Analysis: North America Leading the Way
North America emerged as the largest region in the vitamin D market in 2022, driving significant market growth and development. The comprehensive market report provides detailed insights into regional dynamics, market trends, and growth opportunities across diverse regions, including Asia-Pacific, Western and Eastern Europe, South America, the Middle East, and Africa.
Access the complete report for a comprehensive analysis of the global vitamin D market:
https://www.thebusinessresearchcompany.com/report/vitamin-d-global-market-report
Vitamin D Global Market Report 2023 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Vitamin D Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on vitamin D market size, vitamin D market drivers and trends, vitamin D market major players, vitamin D market competitors’ revenues, vitamin D market positioning, and vitamin D market growth across geographies. The vitamin D market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the vitamin D market report and tap into segments with the highest growth potential.
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