Vitamin Supplements Market was valued US$ 119.26 Bn in 2020 and is expected to grow US$ 180.87 Bn by 2027, at a CAGR of 6.13% during the forecast period.
Vitamin Supplements Market Overview:
Vitamins are necessary organic micronutrients that are required in minimal quantities to sustain basic body functions. They are mainly consumed through food and are commercially presented in both natural and synthetic formulations. The application of vitamins fluctuates across different fields, containing the food, feed, healthcare, and personal care industries, where they are used for improvement or fortification purposes, to boost the nutritional value of the end products. The global market is distributed, and the top eight players together held about 45% share in 2018. The presence of large multinational players, like NBTY and Bayer, intensifies the competition.
Maximize Market Research's Vitamin Supplements Market Report offers readers an evaluation of the worldwide market landscape via the use of a thorough viewpoint. This report on the Vitamin Supplements Market examines the situation from 2021 to 2027, with 2020 serving as the base year and 2016 to 2019 covering historical data. With the support of a plethora of information contained in the study, this report helps readers to make critical business decisions.
Vitamin Supplements Market Scope:
This report on the Vitamin Supplements market is based on a complete and comprehensive evaluation of the market, backed by secondary and primary sources. The country-wise model mapping of Vitamin Supplements using internal and external proprietary information, as well as pertinent patent and regulatory databases, determine market volume. The competitive scenario of the Vitamin Supplements market is supported by an assessment of the different factors that influence the market on a minute and granular level. Researchers in the Vitamin Supplements industry arrive at forecasts and projections and compute the market prognosis by extensively examining historical data, current trends, and announcements by major companies.
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Vitamin Supplements Market Segmentation:
In terms of the application, the healthcare industry led the vitamin supplements market in 2018, accounting for above one-third of the market share. The personal care industry is expected to advance at the highest CAGR throughout the estimated period.
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Vitamin Supplements Market Key Players:
• NBTY Inc.
• Archer Daniels Midland Company
• Integrated BioPharma Inc.
• Herbalife Ltd.
• Bayer AG
• Royal DSM N.V.
• Pharmavite LLC
• E.I. du Pont de Nemours and Company
• Reckitt Benckiser Group PLC
• Glanbia PLC
• BASF SE
• Nutraceutical International Corporation
• Koninklijke DSM N.V.
• Nuleaf Naturals LLC
• Otsuka Pharmaceuticals
• NutraMarks Inc.
• Pharmavite LLC
• The Nature's Bounty Co.
• Abbott Laboratories
Depending on the client's subscription period, this report provides market monitoring for a specific area of the client's interest and provides up-to-date information on strategic initiatives such as mergers, acquisitions, partnerships, expansions, and product launches for leading companies on a regional scale for various industries or markets. Our data is regularly updated and amended by a team of research specialists to reflect the most recent trends and facts. We have extensive expertise in research and consulting for many business fields to meet the needs of both individual and corporate clients. Our skilled staff makes use of proprietary data sources as well as a variety of other methods. The key players in the Vitamin Supplements industry …
Vitamin Supplements Market Regional Analysis:
North America (the United States, Canada, and Mexico), Europe (Germany, France, the United Kingdom, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, and Colombia), the Middle East, and Africa have all been researched (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa). The research provides regional competitive situations. These insights assist market participants in improving tactics and creating new chances to achieve extraordinary results.
COVID-19 Impact Analysis on Vitamin Supplements Market:
The Global Vitamin Supplements Market Research Report provides an overview of the industry based on important factors such as market size, sales, sales analysis, and key drivers. During the projected period, the market is predicted to increase significantly (2021-2027). This report also includes the most recent market impacts of COVID-19. The pandemic's spread has had a wide-ranging impact on people's lives all around the world. As a result, markets have been compelled to embrace new norms, trends, and strategies. Essentially, the study report attempts to give a picture of the market's initial and future estimates.
Key Questions Answered in the Vitamin Supplements Market Report are:
- What are the new competitive developments in the Vitamin Supplements market?
- What is the market size, share of Vitamin Supplements?
- How can I get sample reports/company profiles of the Vitamin Supplements market?
- Who are the potential customers of the Vitamin Supplements market?
- Which are the leading players in the Vitamin Supplements market?
- How can I get company profiles on the top ten players of the Vitamin Supplements market?
- Which region is and will provide more business opportunities for Vitamin Supplements in the future?
- Who are the service providers of the Vitamin Supplements industry?
- What are the key growth strategies of Vitamin Supplements industry players?
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