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Vitamin D Market Share, Analysis | Industry Growth Report

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The #vitamind Market is projected to reach a value of nearly USD 1.6 billion by 2025, growing at a CAGR of 7.0% from 2020 to 2025.

The Vitamin D market is driven by growth in awareness of vitamin D deficiency, rise in incidences of osteoporosis in women, and increase in cases of malnutrition in children. However, the regulatory standards for vitamin D are creating a restraint in the market. The rising number of government initiatives and awareness campaigns is expected to create new growth opportunities for the growth of the market.

Among the analogs in the vitamin D market, vitamin D3 was the dominant analog. Vitamin D3 is an essential micronutrient required for the maintenance of the bones and the aversion of osteoporosis and rickets.

Asia Pacific is estimated to account for the largest market share in the vitamin D market in 2020.This high growth rate in the Asia Pacific region is coupled with growing investments by pharma and animal feed manufacturers for expansions. Also, the region is witnessing a huge demand for vitamin D3.

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Some key players are Koninkljike DSM N.V (The Netherlands), Zhejiang Garden Biochemical High-Tech Co Ltd (China), Zhejiang Xinhecheng Co Ltd (China), Fermenta Biotech Ltd (India), Xiamen Jindawei Vitamin Co Ltd (China), BASF Se (Germany).

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COVID-19 Impact on the Global Agricultural #biologicals Market

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The global agricultural biologicals market is projected to grow at a CAGR of 11.9%, to reach USD 18.5 billion by 2026

Amid the spread of Covid-19 pandemic the consumption pattern of consumers showed a responsible shift from non-organic to organic, which is happening today. An emerging focus on preventive healthcare is gradually but systematically bringing about a shift in the global conventional farming practices and producers are encouraged to produced more using sustainable methods and resources. This is in turn driving the market for agricultural biologicals globally.

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Key players in the agricultural biologicals market include BASF SE (Germany), Syngenta AG (Switzerland), Marrone Bio Innovations (US), Isagro S.p.A. (Italy), UPL (India), Evogene Ltd (Israel), Bayer AG (Germany), and Vegalab S.A. (US).

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