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Vitamin D Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030

ID : MRU_23788 | Date : Jan, 2023 | Pages : 182 | Region : Global

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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.

The Global Vitamin D Market touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
As the report focuses on global Vitamin D Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-

Company one
Zhejiang Garden Biochemical High-Tech
Taizhou Hisound Chemical
Kingdomway
Zhejiang NHU Company
Royal DSM
BASF
Zhejiang Medicine
Fermenta

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:

Food Grade
Feed Grade
Medical Grade
In Market segmentation by applications :

Feed
Medical
Food

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Vitamin D Market for the forecast period 2023 - 2030?
• What are the driving forces in the Vitamin D Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Vitamin D industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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