Global Vitamin D Market Research Report 2018-2023
Posted by Bharat Book on June 26th, 2018
Bharat Book Bureau Provides the Trending Market Research Report on “Global Vitamin D Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023”under Life Sciences category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
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.
Scope of the Report:
This report focuses on the Vitamin D in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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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 worldwide market for Vitamin D is expected to grow at a CAGR of roughly 1.2% over the next five years, will reach 130 million US$ in 2023, from 120 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
- Zhejiang Garden Biochemical High-tech
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
Market Segment by Type, covers
- Feed Grade
Market Segment by Applications, can be divided into
- Feed Industry
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About the AuthorBharat Book
Joined: August 18th, 2017
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