Global Vitamin Consumption Market is valued USD 5.43 billion in 2016 is anticipated to grow USD 6.80 billion with the compounded annual growth of 2.54% over the forecast period 2018-2025.
New York 21 September 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Vitamin Consumption Market industry is poised to raise USD 6.80 billion by 2025. The major factors speculated to augment the markets are rising requirements from major end users & potential industries and increasing needs from important regions. Vitamins have several kinds which are divided roughly into categories of fat-soluble and water-soluble vitamins.
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Global Vitamin Consumption Market Size Study By Product (Vitamin A, Vitamin B5, Vitamin C, Vitamin E, Vitamin B3, Vitamin D3, Others), By Application (Pharmaceuticals & Cosmetics, Feed Additives, Food & Beverages), and By Regional (North America, Europe, Asia Pacific, Latin America, and Rest of the World) Forecasts, 2018-2025
The industry is seeming to be fairly competitive. Some of the leading market players include Vertellus, DSM, Northeast Pharmaceutical, Lonza, NHU, CSPC Pharmaceutical Group, BASF, Jubilant Life Sciences, Zhejiang Medicine, North China Pharmaceutical, and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- Asia Pacific region accounted for the leading market share, more than XX % of the total market in 2016.
- The Asia Pacific region will be the highest growing segment with respect to geographical segmentation, the region is likely to grow by XX% CAGR over the forecast period 2018-2025
Bizwit Research & Consulting LLP has considered following segments for the study:
- Vitamin A
- Vitamin B5
- Vitamin C
- Vitamin E
- Vitamin B3
- Vitamin D3
- Pharmaceuticals & Cosmetics
- Feed Additives
- Food & Beverages
- North America
- Asia Pacific
- Latin America
- Rest of the World