
North America Vitamin D Market 2023-2030
Description
North America Vitamin D Market 2023-2030
MARKET OUTLOOK
Triton Market Research’s report denotes that the vitamin market in North America is foreseen to garner a compound annual growth rate of 7.77% over the forecasting years from 2023 to 2030. Canada and the United States are studied in the given region.
In Canada, the market’s growth is attributed to the rising vegan population, demand for nutricosmetics, and preventive measures for osteoporosis. Vitamin D3 is considered the most effective and safe ingredient in supplements. Functional foods are widely adopted by consumers to address health issues. In this regard, the fortification of food products like milk and cheese widens the scope of the vitamin D market across the nation.
Further, as per the Canadian government, there is a high population base diagnosed with osteoarthritis. This prevalence creates demand for vitamin D supplements, contributing heavily to the studied market’s expansion.
In the US, government agencies, medical schools, and healthcare providers are involved in the US Bone and Joint Initiative to prevent bone and joint disorders among the nation’s population. Such initiatives and awareness about vitamin D deficiency are expected to open new avenues for the vitamin D market.
COMPETITIVE OUTLOOK
The major companies in the vitamin D market consist of Fermenta Biotech Limited, BASF SE, Dishman Carbogen Amcis Ltd, and Newgen Pharma.
MARKET OUTLOOK
Triton Market Research’s report denotes that the vitamin market in North America is foreseen to garner a compound annual growth rate of 7.77% over the forecasting years from 2023 to 2030. Canada and the United States are studied in the given region.
In Canada, the market’s growth is attributed to the rising vegan population, demand for nutricosmetics, and preventive measures for osteoporosis. Vitamin D3 is considered the most effective and safe ingredient in supplements. Functional foods are widely adopted by consumers to address health issues. In this regard, the fortification of food products like milk and cheese widens the scope of the vitamin D market across the nation.
Further, as per the Canadian government, there is a high population base diagnosed with osteoarthritis. This prevalence creates demand for vitamin D supplements, contributing heavily to the studied market’s expansion.
In the US, government agencies, medical schools, and healthcare providers are involved in the US Bone and Joint Initiative to prevent bone and joint disorders among the nation’s population. Such initiatives and awareness about vitamin D deficiency are expected to open new avenues for the vitamin D market.
COMPETITIVE OUTLOOK
The major companies in the vitamin D market consist of Fermenta Biotech Limited, BASF SE, Dishman Carbogen Amcis Ltd, and Newgen Pharma.
Table of Contents
112 Pages
- 1. 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 List
- 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 List
- 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)
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