Global Vitamin K2 Market Growth 2023-2029

Global Vitamin K2 Market Growth 2023-2029

Vitamin K2 is the term for a group of compounds called ‘menaquinones,’ which can be found mainly in dairy products. All K vitamins are similar in structure, but differ in the length of the “side chain”. The longer the side chain, the better effect and efficiency.
Vitamin K2 is a type of Vitamin K. The main function of Vitamin K is to activate the calcium-binding properties of proteins. Vitamin K1 is mostly involved in blood clotting, while Vitamin K2 helps regulate where calcium ends up in the body.
Vitamin K2 is important for the body to utilize calcium to build healthy, strong bones and to inhibit calcium deposits in the arteries.
LPI (LP Information)' newest research report, the “Vitamin K2 Industry Forecast” looks at past sales and reviews total world Vitamin K2 sales in 2022, providing a comprehensive analysis by region and market sector of projected Vitamin K2 sales for 2023 through 2029. With Vitamin K2 sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vitamin K2 industry.
This Insight Report provides a comprehensive analysis of the global Vitamin K2 landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Vitamin K2 portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Vitamin K2 market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vitamin K2 and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vitamin K2.
The global Vitamin K2 market size is projected to grow from US$ 150.7 million in 2022 to US$ 258.1 million in 2029; it is expected to grow at a CAGR of 258.1 from 2023 to 2029.
Global vitamin k2 key players include Kappa Bioscience, Gnosis Guandong Sungen, Guangdong Goodscend, etc. Global top 3 manufacturers hold a share about 75%. Europe is the largest market, with a share about 35%, followed by North America, with a share about 30 percent.In terms of product, vitamin MK-7 is the largest segment, with a share over 90%. And in terms of application, the largest application is nutrition, followed by food and beverage.
This report presents a comprehensive overview, market shares, and growth opportunities of Vitamin K2 market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Vitamin MK-7
Vitamin MK-4
Other (MK-9 etc.)
Segmentation by application
Nutrition
Food and Beverage
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Gnosis by Lesaffre
Kappa Bioscience
Guandong Sungen
Viridis BioPharma
IFF Health (Frutarom)
Vesta Nutra
GeneFerm Biotechnology
Shanghai Reson Biotech
Guangdong Goodscend
Seebio Biotech
Kyowa Hakko
Key Questions Addressed in this Report
What is the 10-year outlook for the global Vitamin K2 market?
What factors are driving Vitamin K2 market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Vitamin K2 market opportunities vary by end market size?
How does Vitamin K2 break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.