Product Code: PM2921
The global vitamin D market size is expected to reach USD 1,025.95 million by 2030, according to a new study by Polaris Market Research. The report "Vitamin D Market Share, Size, Trends, Industry Analysis Report, By Analog (Vitamin D2 and Vitamin D3); By Application; By End-Use; By Form; By Region; Segment Forecast, 2022-2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
A rising number of innovation hub launches for the purpose of research & commercialization of biofortification, which helps to increase the levels of nutrients in crops and food is a key factor driving the growth of the market in the coming years. The biofortification hub is popularly known for combing high expertise in soil, food innovation, crop genetics, and human health & nutrition. For example, the newly innovated gene-edited tomatoes which is a type of forfeited crop are expected to help millions of people suffering from vitamin D deficiency.
Increasing consumer awareness towards the adverse impact of inorganic and unhealthy dietary habits on human health and growing advancements in vitamin D-rich food along with the rising prevalence of several types of cardiovascular diseases and obese populations worldwide are also influencing the market growth. In August 2022, a Singapore-based firm MD Pharmaceuticals and DSM announced that they have developed a faster-acting Vitamin D supplement named Rapid-D. It's a 100 percent vegetarian capsule product, which contains ample-D, a type of vitamin D that helps to boost immunity.
In recent years, the advancements in food products enriched with vitamin D have gained high popularity and various manufacturers of the food & beverage industry rapidly emphasize offering several vitamin-forfeited food products because of the rapid growth in rising awareness among consumers regarding the benefits of having nutritionally rich foods in their regular meals, and likely to contribute to the adoption and demand of the vitamin D products significantly over the next coming years. For instance, in September 2022, Abbott introduced Ensure with HMB, this supplement is formulated with 32 vital nutrients such as vitamin D, high-quality protein, and calcium to improve bone & muscle health.
Vitamin D Market Report Highlights
Vitamin D3 segment accounted for significant market share in 2021 owing to growing consumer awareness towards its benefits
Pharmaceuticals segment held the largest market revenue share, which is accelerated by a rapid surge in demand form the pharma industry
Adults segment is anticipated to account for a significant market share over the forecast period on account of the rising prevalence of lifestyle-borne diseases
Liquid form segment is expected to witness the fastest growth over the anticipated period owing to increased usage in food & beverage applications
Asia Pacific region dominated the global market, in 2021, with a huge global population suffering from vitamin D deficiency and related problems
The global market players include Xiamen Jindawei Vitamin, Fermenta Biotech, Dishman Group, and Kingdom Nutrition
Polaris Market Research has segmented the vitamin D market report based on analog, application, end-user, form, and region:
Vitamin D, Analog Outlook (Revenue - USD Million, 2018 - 2030)
Vitamin D2
Vitamin D3
Vitamin D, Application Outlook (Revenue - USD Million, 2018 - 2030)
Feed & Pet Food
Pharmaceuticals
Functional Food & Beverage
Personal Care
Vitamin D, End-User Outlook (Revenue - USD Million, 2018 - 2030)
Adults
Pregnant Women
Children
Vitamin D, Form Outlook (Revenue - USD Million, 2018 - 2030)
Dry
Liquid
Vitamin D, Regional Outlook (Revenue - USD Million, 2018 - 2030)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Vitamin D Market Insights
- 4.1. Vitamin D - Industry Snapshot
- 4.2. Vitamin D Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. High awareness about food that provides them with essential ingredients for better health
- 4.2.1.2. Rising penetration of improving anthropometric and metabolic
- 4.2.2. Restraints and Challenges
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Vitamin D Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Vitamin D Market, by Application
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 5.3. Feed & Pet Food
- 5.3.1. Global Vitamin D Market, by Feed & Pet Food, by Region, 2018 - 2030 (USD Million)
- 5.4. Pharmaceuticals
- 5.4.1. Global Vitamin D Market, by Pharmaceuticals, by Region, 2018 - 2030 (USD Million)
- 5.5. Functional Food & Beverage
- 5.5.1. Global Vitamin D Market, by Functional Food & Beverage, by Region, 2018 - 2030 (USD Million)
- 5.6. Personal Care
- 5.6.1. Global Vitamin D Market, by Personal Care, by Region, 2018 - 2030 (USD Million)
6. Global Vitamin D Market, by Analog
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 6.3. Vitamin D2
- 6.3.1. Global Vitamin D Market, by Vitamin D2, by Region, 2018 - 2030 (USD Million)
- 6.4. Vitamin D3
- 6.4.1. Global Vitamin D Market, by Vitamin D3, by Region, 2018 - 2030 (USD Million)
7. Global Vitamin D Market, by End-User
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 7.3. Adults
- 7.3.1. Global Vitamin D Market, by Adults, by Region, 2018 - 2030 (USD Million)
- 7.4. Pregnant Women
- 7.4.1. Global Vitamin D Market, by Pregnant Women, by Region, 2018 - 2030 (USD Million)
- 7.5. Children
- 7.5.1. Global Vitamin D Market, by Children, by Region, 2018 - 2030 (USD Million)
8. Global Vitamin D Market, by Form
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. Global Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 8.3. Dry
- 8.3.1. Global Vitamin D Market, by Dry, by Region, 2018 - 2030 (USD Million)
- 8.4. Liquid
- 8.4.1. Global Vitamin D Market, by Liquid, by Region, 2018 - 2030 (USD Million)
9. Global Vitamin D Market, by Geography
- 9.1. Key findings
- 9.2. Introduction
- 9.2.1. Vitamin D Market Assessment, By Geography, 2018 - 2030 (USD Million)
- 9.3. Vitamin D Market - North America
- 9.3.1. North America: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.3.2. North America: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.3.3. North America: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.3.4. North America: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 9.3.5. Vitamin D Market - U.S.
- 9.3.5.1. U.S.: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.3.5.2. U.S.: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.3.5.3. U.S.: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.3.5.4. U.S.: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 9.3.6. Vitamin D Market - Canada
- 9.3.6.1. Canada: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.3.6.2. Canada: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.3.6.3. Canada: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.3.6.4. Canada: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 9.4. Vitamin D Market - Europe
- 9.4.1. Europe: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.4.2. Europe: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.4.3. Europe: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.4.4. Europe: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 9.4.5. Vitamin D Market - UK
- 9.4.5.1. UK: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.4.5.2. UK: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.4.5.3. UK: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.4.5.4. UK: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 9.4.6. Vitamin D Market - France
- 9.4.6.1. France: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.4.6.2. France: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.4.6.3. France: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.4.6.4. France: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 9.4.7. Vitamin D Market - Germany
- 9.4.7.1. Germany: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.4.7.2. Germany: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.4.7.3. Germany: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.4.7.4. Germany: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 9.4.8. Vitamin D Market - Italy
- 9.4.8.1. Italy: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.4.8.2. Italy: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.4.8.3. Italy: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.4.8.4. Italy: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 9.4.9. Vitamin D Market - Spain
- 9.4.9.1. Spain: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.4.9.2. Spain: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.4.9.3. Spain: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.4.9.4. Spain: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 9.4.10. Vitamin D Market - Netherlands
- 9.4.10.1. Netherlands: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.4.10.2. Netherlands: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.4.10.3. Netherlands: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.4.10.4. Netherlands: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 9.4.11. Vitamin D Market - Russia
- 9.4.11.1. Russia: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.4.11.2. Russia.: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.4.11.3. Russia: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.4.11.4. Russia: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 9.5. Vitamin D Market - Asia Pacific
- 9.5.1. Asia Pacific: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.5.2. Asia Pacific: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.5.3. Asia Pacific: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.5.4. Asia Pacific: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 9.5.5. Vitamin D Market - China
- 9.5.5.1. China: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.5.5.2. China.: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.5.5.3. China: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.5.5.4. China: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 9.5.6. Vitamin D Market - India
- 9.5.6.1. India: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.5.6.2. India.: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.5.6.3. India: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.5.6.4. India: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 9.5.7. Vitamin D Market - Japan
- 9.5.7.1. Japan: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.5.7.2. Japan.: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.5.7.3. Japan: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.5.7.4. Japan: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 9.5.8. Vitamin D Market - Malaysia
- 9.5.8.1. Malaysia: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.5.8.2. Malaysia.: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.5.8.3. Malaysia: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.5.8.4. Malaysia: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 9.5.9. Vitamin D Market - Indonesia
- 9.5.9.1. Indonesia: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.5.9.2. Indonesia.: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.5.9.3. Indonesia: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.5.9.4. Indonesia: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 9.5.10. Vitamin D Market - South Korea
- 9.5.10.1. South Korea: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.5.10.2. South Korea.: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.5.10.3. South Korea: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.5.10.4. South Korea: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 9.6. Vitamin D Market - Middle East & Africa
- 9.6.1. Middle East & Africa: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.6.2. Middle East & Africa: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.6.3. Middle East & Africa: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.6.4. Middle East & Africa: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 9.6.5. Vitamin D Market - Saudi Arabia
- 9.6.5.1. Saudi Arabia: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.6.5.2. Saudi Arabia: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.6.5.3. Saudi Arabia: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.6.5.4. Saudi Arabia: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 9.6.6. Vitamin D Market - South Africa
- 9.6.6.1. South Africa: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.6.6.2. South Africa: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.6.6.3. South Africa: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.6.6.4. South Africa: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 9.6.7. Vitamin D Market - Israel
- 9.6.7.1. Israel: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.6.7.2. Israel: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.6.7.3. Israel: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.6.7.4. Israel: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 9.6.8. Vitamin D Market - UAE
- 9.6.8.1. UAE: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.6.8.2. UAE: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.6.8.3. UAE: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.6.8.4. UAE: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 9.7. Vitamin D Market - Latin America
- 9.7.1. Latin America: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.7.2. Latin America: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.7.3. Latin America: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.7.4. Latin America: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 9.7.5. Vitamin D Market - Mexico
- 9.7.5.1. Mexico: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.7.5.2. Mexico: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.7.5.3. Mexico: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.7.5.4. Mexico: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 9.7.6. Vitamin D Market - Brazil
- 9.7.6.1. Brazil: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.7.6.2. Brazil: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.7.6.3. Brazil: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.7.6.4. Brazil: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
- 9.7.7. Vitamin D Market - Argentina
- 9.7.7.1. Argentina: Vitamin D Market, by Application, 2018 - 2030 (USD Million)
- 9.7.7.2. Argentina: Vitamin D Market, by Form, 2018 - 2030 (USD Million)
- 9.7.7.3. Argentina: Vitamin D Market, by Analog, 2018 - 2030 (USD Million)
- 9.7.7.4. Argentina: Vitamin D Market, by End-User, 2018 - 2030 (USD Million)
10. Competitive Landscape
- 10.1. Expansion and Acquisition Analysis
- 10.1.1. Expansion
- 10.1.2. Acquisitions
- 10.2. Partnerships/Collaborations/Agreements/Exhibitions
11. Company Profiles
- 11.1. Zhejiang Garden Biochemical
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Benchmarking
- 11.1.4. Recent Development
- 11.2. Taizhou Haisheng Pharmaceutical
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Benchmarking
- 11.2.4. Recent Development
- 11.3. Xiamen Jindawei Vitamin
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Benchmarking
- 11.3.4. Recent Development
- 11.4. Fermenta Biotech
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Benchmarking
- 11.4.4. Recent Development
- 11.5. BASF SE
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Benchmarking
- 11.5.4. Recent Development
- 11.6. Dishman Group
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Benchmarking
- 11.6.4. Recent Development
- 11.7. Zhejiang Medicine
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Benchmarking
- 11.7.4. Recent Development
- 11.8. Zhejiang Xinhecheng
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Benchmarking
- 11.8.4. Recent Development
- 11.9. Glanbia Plc
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Benchmarking
- 11.9.4. Recent Development
- 11.10. Divi's Nutraceutical
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Benchmarking
- 11.10.4. Recent Development
- 11.11. Kingdom Nutrition
- 11.11.1. Company Overview
- 11.11.2. Financial Performance
- 11.11.3. Product Benchmarking
- 11.11.4. Recent Development
- 11.12. McKinley Resources
- 11.12.1. Company Overview
- 11.12.2. Financial Performance
- 11.12.3. Product Benchmarking
- 11.12.4. Recent Development
- 11.13. New Gen Pharma
- 11.13.1. Company Overview
- 11.13.2. Financial Performance
- 11.13.3. Product Benchmarking
- 11.13.4. Recent Development