Chicago, IL -- (SBWire) -- 08/22/2017 --Vitamins are organic compounds and vital nutrients that every human body needs in defined quantities. Both, excess and deficiency can cause a person to suffer from diseases. Adequate quantity of vitamins helps the body grow and develop normally. In recent years, with changes in lifestyle and improper eating habits, people are suffering from vitamin deficiency and are opting for sources to replenish their vitamin requirements. While some are looking out for natural vitamin sources such as fruits, vegetables and nuts; others are taking help of artificial vitamin supplements. This is contributing towards the growth of global vitamin ingredients market. This report studies the current and future aspects of the vitamin ingredients market.
The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the vitamin ingredients market. The scope of this report covers the vitamin ingredients market by its major segments, which include the types, applications, and the major geographic regions.
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The global vitamin ingredients market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The Asia-Pacific region holds the highest market share and is the largest revenue contributor of the vitamin ingredients market. The region is expected to continue growing at the same pace during the forecasted period because of the increasing population and rise in the number of lifestyle diseases. The rise in patient pool due to vitamin deficiency is one of the major market driving factors in the region. In addition, infrastructural development of healthcare facilities and large distribution network of companies is boosting the market growth. Next in line is the North America region which is witnessing a fast-paced growth due to rise in demand for vitamin-based food and drugs and increase in awareness of lifestyle related diseases.
MARKET SEGMENTATION
This report analyzes the vitamin ingredients market by the following segments:
Vitamin Ingredients Market, by Type
1. Vitamin A
2. Vitamin B
3. Vitamin C
4. Vitamin D
5. Vitamin E
6. Vitamin K
Vitamin Ingredients Market, by Application
1. Pharmaceuticals
2. Processed and Packaged Food and Beverage
3. Cosmetics
4. Animal Feed
5. Others
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Emerging Opportunities in Vitamin Ingredients Market with Current Trends Analysis
Vitamin Ingredients Market, by Type (Vitamin A, Vitamin B, Vitamin C, Vitamin D, Vitamin E, Vitamin K), Application (Pharmaceuticals, Processed and Packaged Food and Beverage, Cosmetics, Animal Feed) – Global Revenue, Trends, Growth, Share, Size, and Forecast to 2022