Market by Category, Formation, Usage, Consumer, and Country Outlook | Forecast 2023-2030
Triton Market Research’s report estimates that the vitamin D market in North America is appraised to develop with a compound annual growth rate of 7.77% during the forecast years 2023-2030.
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The
countries researched in the region are:
•
United States
•
Canada
The surge in the vegan population and the
growing fortification of dairy products are among the key factors fueling the
market’s growth. There is also a high prevalence of vitamin D deficiency that
has influenced the production of supplements in the pharmaceutical sector.
However, the stringent regulation pertaining to food additives hampers the
adoption of vitamin D-based products. Nevertheless, the growing consumer
inclination towards organic and vitamin-infused foods will create opportunities
for the vitamin D market.
As
per estimates, the US dominates the region’s market with the highest share. Milk and other dairy products like cheese are fortified due to the lack of micronutrients. Food
fortification enables vegans and lactose-intolerant populations to fulfill
vitamin D requirements. In this regard, vitamin D2, which is obtained from a
plant-based source, is commonly used owing to the soaring veganism trend.
Further, the nation has a growing animal feed
industry, which is expected to elevate the applications of vitamin D in feed
products. The rise in musculoskeletal health is another factor that is expected
to raise the demand for vitamin D supplements to improve bone and muscle health
nationwide. Thus, these factors supplement the overall market’s progression.
Vitamin D is offered in liquid and dry forms. The liquid form includes oil dilutions, resins, and emulsions. This form is widely popular among the elderly and children to reduce risks associated with swallowing and digestion. Moreover, the liquid form finds application in fortified food and animal feed. The vitamin D market is segmented into category, formation, consumer, and usage. The formation section is bifurcated into liquid and dry.
The
prominent companies in the vitamin D market include Newgen Pharma, Dishman
Carbogen Amcis Ltd, Adisseo, and Vitablend.
Newgen Pharma offers quality ingredients in the
pharmaceutical and medical sectors. Some of the key ingredients include folic
acid, biotin, ferrous ascorbate, vitamin powders, and calcium caseinate. Its
product line includes vitamin D3, which helps ensure strong and healthy bones.
Newgen serves clients globally, with headquarters in California, the United
States.
Key deliverables of the report:
● Market CAGR during the forecasting years 2023-2030
● Detailed data highlighting key insights, industry components, and market strategies
● Comprehensive information and estimation of the vitamin D market revenue growth in North America and its influence on the parent market
● In-depth study of forthcoming trends in consumer behavioral patterns
● A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces
●
A wide-ranging study of factors that will challenge the NA vitamin
D market’s growth during the upcoming years
Want to get specific insights? Our team of
analysts can customize this report based on your preferences. Connect with us here.
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VIEW REPORT1. NORTH
AMERICA VITAMIN D MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1.IMPACT
ANALYSIS ON THE VITAMIN D MARKET
2.1.1.COVID-19
IMPACT ON THE VITAMIN D MARKET
2.1.2.UKRAINE-RUSSIA
WAR IMPACT ON THE VITAMIN D MARKET
2.2.PORTER’S
FIVE FORCES ANALYSIS
2.2.1.THREAT
OF NEW ENTRANTS
2.2.2.THREAT
OF SUBSTITUTES
2.2.3.BARGAINING
POWER OF BUYERS
2.2.4.BARGAINING
POWER OF SUPPLIERS
2.2.5.THREAT
OF COMPETITIVE RIVALRY
2.3.INDUSTRY
COMPONENTS
2.3.1.ACQUIRING
RAW MATERIAL
2.3.2.PRODUCT
MANUFACTURING
2.3.3.DISTRIBUTION
AND SALES
2.4.REGULATORY
FRAMEWORK
2.5.KEY
BUYING IMPACT ANALYSIS
2.5.1.PRICE
2.5.2.PRODUCT
LABEL
2.5.3.USE
2.6.KEY
MARKET STRATEGIES
2.6.1.COLLABORATIONS
2.6.2.PRODUCT
LAUNCHES
2.6.3.MERGERS
& ACQUISITIONS
2.7.MARKET
DRIVERS
2.7.1.GROWING
USE OF DIETARY SUPPLEMENTS
2.7.2.MULTIPLE
APPLICATIONS OF VITAMIN D IN VARIOUS INDUSTRIES
2.7.3.INCREASING
POPULARITY OF FORTIFIED FOOD PRODUCTS
2.7.4.RISING
OCCURRENCE OF VITAMIN D DEFICIENCY
2.8.MARKET
CHALLENGES
2.8.1.STRICT
REGULATIONS ON FORTIFICATION OF FOOD
2.8.2.RISKS
RELATED TO EXCESSIVE INTAKE OF VITAMIN D
2.8.3.UNAVAILABILITY
OF RAW MATERIALS AND HIGH COST
2.9.MARKET
OPPORTUNITIES
2.9.1.GROWING
POPULARITY OF VITAMIN FORMULATIONS AND NUTRICOSMETICS
2.9.2.RISING
CASES OF BONE AND JOINT HEALTH ISSUES
2.9.3.NUMEROUS
APPLICATIONS OF VITAMIN D IN THE PHARMACEUTICAL INDUSTRY
2.9.4.FORTIFICATION
AND MICROENCAPSULATION OF VITAMIN D
2.9.5.RISING
DEMAND FOR FEED AND PET FOOD
2.9.6.GOVERNMENT
INITIATIVES TO ENCOURAGE THE INTAKE OF VITAMIN D
2.10.ANALYST
PERSPECTIVE
3. NORTH
AMERICA VITAMIN D MARKET – BY CATEGORY
3.1.VITAMIN
D3
3.2.VITAMIN
D2
4. NORTH
AMERICA VITAMIN D MARKET – BY FORMATION
4.1.DRY
4.2.LIQUID
5. NORTH
AMERICA VITAMIN D MARKET – BY USAGE
5.1.PHARMACEUTICALS
5.2.ANIMAL
FEED AND PET FOOD
5.3.FUNCTIONAL
FOOD AND BEVERAGES
5.4.PERSONAL
CARE
6. NORTH
AMERICA VITAMIN D MARKET – BY CONSUMER
6.1.ADULTS
6.2.PREGNANT
WOMEN
6.3.CHILDREN
7. NORTH
AMERICA VITAMIN D MARKET – BY COUNTRY OUTLOOK
7.1.COUNTRY
ANALYSIS
7.1.1.UNITED
STATES
7.1.1.1.UNITED
STATES VITAMIN D MARKET FORECAST & PROSPECTS
7.1.2.CANADA
7.1.2.1.CANADA
VITAMIN D MARKET FORECAST & PROSPECTS
8. COMPETITIVE
LANDSCAPE
8.1.BASF
SE
8.1.1.OVERVIEW
8.1.2.PRODUCT
PORTFOLIO
8.1.3.KEY
STRENGTH
8.1.4.KEY
CHALLENGE
8.2.FERMENTA
BIOTECH LIMITED
8.2.1.OVERVIEW
8.2.2.PRODUCT
PORTFOLIO
8.2.3.KEY
STRENGTHS
8.2.4.KEY
CHALLENGE
8.3.KONINKLIJKE
DSM NV
8.3.1.OVERVIEW
8.3.2.PRODUCT
PORTFOLIO
8.3.3.KEY
STRENGTHS
8.3.4.KEY
CHALLENGE
8.4.ZHEJIANG
GARDEN BIOCHEMICAL HIGH-TECH CO LTD
8.4.1.OVERVIEW
8.4.2.PRODUCT
PORTFOLIO
8.4.3.KEY
STRENGTH
8.4.4.KEY
CHALLENGE
8.5.DISHMAN
CARBOGEN AMCIS LTD
8.5.1.OVERVIEW
8.5.2.PRODUCT
PORTFOLIO
8.5.3.KEY
STRENGTH
8.5.4.KEY
CHALLENGE
8.6.SYNTHESIA
A.S
8.6.1.OVERVIEW
8.6.2.PRODUCT
PORTFOLIO
8.7.VITABLEND
8.7.1.OVERVIEW
8.7.2.PRODUCT
PORTFOLIO
8.8.NEWGEN
PHARMA
8.8.1.OVERVIEW
8.8.2.PRODUCT
PORTFOLIO
8.9.LYCORED
LTD
8.9.1.OVERVIEW
8.9.2.PRODUCT
PORTFOLIO
8.10.ADISSEO
8.10.1.OVERVIEW
8.10.2.PRODUCT
PORTFOLIO
9. RESEARCH
METHODOLOGY & SCOPE
9.1.RESEARCH
SCOPE & DELIVERABLES
9.1.1.OBJECTIVES
OF STUDY
9.1.2.SCOPE
OF STUDY
9.2.SOURCES
OF DATA
9.2.1.PRIMARY
DATA SOURCES
9.2.2.SECONDARY
DATA SOURCES
9.3.RESEARCH
METHODOLOGY
9.3.1.EVALUATION
OF THE PROPOSED MARKET
9.3.2.IDENTIFICATION
OF DATA SOURCES
9.3.3.ASSESSMENT
OF MARKET DETERMINANTS
9.3.4.DATA
COLLECTION
9.3.5.DATA
VALIDATION & ANALYSIS
TABLE 1: NORTH AMERICA
VITAMIN D MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
TABLE 2: REGULATORY
FRAMEWORK
TABLE 3: LIST OF
COLLABORATIONS
TABLE 4: LIST OF
PRODUCT LAUNCHES
TABLE 5: LIST OF
MERGERS & ACQUISITIONS
TABLE 6: NORTH AMERICA
VITAMIN D MARKET, BY CATEGORY, 2023-2030 (IN $ MILLION)
TABLE 7: NORTH AMERICA
VITAMIN D MARKET, BY FORMATION, 2023-2030 (IN $ MILLION)
TABLE 8: NORTH AMERICA
VITAMIN D MARKET, BY USAGE, 2023-2030 (IN $ MILLION)
TABLE 9: NORTH AMERICA
VITAMIN D MARKET, BY CONSUMER, 2023-2030 (IN $ MILLION)
TABLE 10: NORTH AMERICA
VITAMIN D MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
FIGURE 1: INDUSTRY
COMPONENTS
FIGURE 2: KEY BUYING
IMPACT ANALYSIS
FIGURE 3: NORTH AMERICA
VITAMIN D MARKET, BY CATEGORY, 2022 & 2030 (IN %)
FIGURE 4: NORTH AMERICA
VITAMIN D MARKET, BY VITAMIN D3, 2023-2030 (IN $ MILLION)
FIGURE 5: NORTH AMERICA
VITAMIN D MARKET, BY VITAMIN D2, 2023-2030 (IN $ MILLION)
FIGURE 6: NORTH AMERICA
VITAMIN D MARKET, BY FORMATION, 2022 & 2030 (IN %)
FIGURE 7: NORTH AMERICA
VITAMIN D MARKET, BY DRY, 2023-2030 (IN $ MILLION)
FIGURE 8: NORTH AMERICA
VITAMIN D MARKET, BY LIQUID, 2023-2030 (IN $ MILLION)
FIGURE 9: NORTH AMERICA
VITAMIN D MARKET, BY USAGE, 2022 & 2030 (IN %)
FIGURE 10: NORTH
AMERICA VITAMIN D MARKET, BY PHARMACEUTICALS, 2023-2030 (IN $ MILLION)
FIGURE 11: NORTH
AMERICA VITAMIN D MARKET, BY ANIMAL FEED AND PET FOOD, 2023-2030 (IN $ MILLION)
FIGURE 12: NORTH
AMERICA VITAMIN D MARKET, BY FUNCTIONAL FOOD AND BEVERAGES 2023-2030 (IN $
MILLION)
FIGURE 13: NORTH
AMERICA VITAMIN D MARKET, BY PERSONAL CARE, 2023-2030 (IN $ MILLION)
FIGURE 14: NORTH
AMERICA VITAMIN D MARKET, BY CONSUMER, 2022 & 2030 (IN %)
FIGURE 15: NORTH
AMERICA VITAMIN D MARKET, BY ADULTS, 2023-2030 (IN $ MILLION)
FIGURE 16: NORTH AMERICA
VITAMIN D MARKET, BY PREGNANT WOMEN, 2023-2030 (IN $ MILLION)
FIGURE 17: NORTH
AMERICA VITAMIN D MARKET, BY CHILDREN, 2023-2030 (IN $ MILLION)
FIGURE 18: NORTH
AMERICA VITAMIN D MARKET, BY COUNTRY OUTLOOK, 2022 & 2030 (IN %)
FIGURE 19: UNITED
STATES VITAMIN D MARKET 2023-2030 (IN $ MILLION)
FIGURE 20: CANADA
VITAMIN D MARKET 2023-2030 (IN $ MILLION)