Vitamin D is a steroid Vitamin; a group of fat-soluble prohormones that help maintain the balance of calcium in the body, important for normal growth and mineralization of bones and teeth. Extensive and ongoing research on Vitamin D has also brought to light new roles of this Vitamin in modulation of cell growth, neuromuscular and immune functions.
There are two commercially used forms of vitamin D, vitamin D2 (ergocalciferol) and vitamin D3 (cholecalciferol). Both forms are used in nutritional supplements, where vitamin D3 prevails, whereas vitamin D2 finds greater use in pharmacies in the area of final dosage forms.
In consumption market, the China market sales value for vitamin D is expected to reach 91 million USD in 2016. China is the major manufacturing and consumption market in the world. China is the largest production base of vitamin D. And the production share of vitamin D is responsible for 86.10% in the world in 2015. At present, in developed countries, the vitamin D industry is generally at a more advanced level. The top three manufacturers are Zhejiang Garden Biochemical High-tech, Taizhou Hisound Pharmaceutical, Kingdomway, respectively with global sales market share of 30.86%, 17.72% and 15.12% in 2015. The USA mainly rely on imports from foreign to buy the vitamin D product. The apparent consumption of USA is 1764 MT in 2015.
Vitamin D can be classified into three types: food grade vitamin D, feed grade vitamin D and pharmaceutical grade vitamin D. Survey results showed that 79.16% of the vitamin D market is feed grade, 13.49% is food grade and 7.35% is pharmaceutical grade in 2015. With the development of economy, these industries will need more vitamin D. So, vitamin D has a huge market potential in the future.
The main raw material of vitamin D is NF grade cholesterol. Currently, on the global market, there are four companies can produce it, such as NK Chemicals, Nippon Fine Chemical, Dishman and Zhejiang Garden. Fluctuations in the price of the upstream product will impact on the production cost of vitamin D industry.
According to this study, over the next five years the Vitamin D market will register a 1.2% CAGR in terms of revenue, the global market size will reach US$ 140 million by 2024, from US$ 130 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Vitamin D business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Vitamin D market by product type, application, key manufacturers and key regions and countries.
This study considers the Vitamin D value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Food Grade
Feed Grade
Medical Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Feed
Medical
Food
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Company one
Zhejiang Garden Biochemical High-Tech
Taizhou Hisound Chemical
Kingdomway
Zhejiang NHU Company
Royal DSM
BASF
Zhejiang Medicine
Fermenta
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Vitamin D consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Vitamin D market by identifying its various subsegments.
Focuses on the key global Vitamin D manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Vitamin D with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Vitamin D submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Vitamin D . Industry analysis & Market Report on Vitamin D is a syndicated market report, published as Global Vitamin D Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Vitamin D market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.