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Vitamins Market
Vitamins Market Size, Share, Forecast, & Trends Analysis by Type (Vitamins A, Vitamins B, Vitamins C, Vitamins D, Vitamins E, Vitamins K), Source (Plant, Animal), Form (Dry, Liquid), Application (Food & Beverages, Pharmaceuticals)—Global Forecast to 2031
Report ID:MRFB - 1041365 Pages: 210 Oct-2024 Formats*: PDF Category: Food and Beverages Delivery: 24 to 72 HoursThe Vitamins Market was valued at $14.55 billion in 2023. This market is expected to reach $26.03 billion by 2031 from an estimated $15.64 billion in 2024, at a CAGR of 7.5% during the forecast period from 2024 to 2031.
Vitamins Market Size & Forecast
Key factors driving the growth of this market include the rising demand for fortified foods, functional beverages, and dietary supplements, coupled with increased awareness of vitamin deficiencies and rising health expenditures. Moreover, the growing preference for naturally sourced products and personal care items is anticipated to create new opportunities for market participants.
Key Findings Vitamins Market
- By Type: The Vitamin B Segment to Dominate the Vitamins Market in 2024
- By Source: The Plant Segment is Expected to Register the Highest CAGR during the Forecast Period of 2024—2031
- By Form: In 2024, the Dry Segment is Expected to Dominate the Vitamins Market
- By Application: the Food & Beverages Segment is Expected to Register Highest CAGR during the Forecast Period of 2024—2031
- By Geography: Asia-Pacific Dominates the Vitamins Market in 2024
Vitamins Market Drivers
Growing Demand for Functional Beverages
The rising adoption of functional beverages is fueled by increasing consumer awareness of health and nutrition, as well as the growing prevalence of chronic diseases. People are becoming more health-conscious and are seeking products that align with their dietary preferences and lifestyle choices. This shift has led to a demand for functional beverages that provide convenient and nutritious solutions.
The growing interest in functional foods & beverages has placed pressure on manufacturers to innovate and broaden their product offerings. As a result, there is an increased demand for vitamins for the formulation of various beverage products. Many functional beverages are fortified with vitamins and minerals, which are viewed as essential for maintaining health and preventing disease. Commonly fortified vitamins include B-complex, A, C, D, and E. These vitamins enhance the nutritional profile of products, offering benefits such as supporting energy metabolism (vitamin B), boosting immune function (vitamin C), and promoting bone health (vitamin D). Therefore, the rising demand for functional beverages is significantly driving the growth of the global vitamins market.
Rising Awareness About Vitamin Deficiencies
Today, people are more conscious of their health and are opting for healthier dietary patterns. The WHO estimates that many individuals are at risk of micronutrient deficiencies, including vitamins. In response, market players are launching collaborative programs aimed at improving dietary quality and access to essential nutrients.
Vitamin deficiencies can lead to serious health issues: for instance, vitamin A deficiency can cause preventable blindness in children, vitamin B12 deficiency may result in neurological problems such as visual disturbances and cognitive decline, and vitamin D deficiency is linked to various health issues, including obesity and metabolic syndrome. The rising awareness about these deficiencies has prompted individuals to seek out foods enriched with vitamins. These factors have contributed to the rising adoption of vitamins, further supporting the growth of the market.
Vitamins Market Opportunities
Rising Demand for Naturally Sourced Products
In recent years, the demand for naturally sourced products has grown due to safety concerns, health benefits, and environmental considerations. Consumers are increasingly choosing natural and organic products over those containing artificial preservatives, synthetic additives, and harmful chemicals. Products with synthetic ingredients may have adverse effects on mental health and gut health, driving the demand for natural options. As a result, many companies are investing in the development of natural product lines to meet this growing consumer demand. This trend is expected to create opportunities for manufacturers in the naturally sourced vitamins market.
Vitamins Market Analysis: Top Market Opportunity:
By Type: In 2024, the Vitamin B Segment is Expected to Dominate the Vitamins Market
Based on type, the Vitamins market is segmented into Vitamin A, Vitamin B, Vitamin C, Vitamin D, Vitamin E, and Vitamin K. In 2024, the Vitamin B segment is expected to account for the largest share of the Vitamins market. The segment’s major market share is primarily attributed to increasing health awareness, rising vitamin deficiencies, an aging population, rising consumption of processed foods, and the growing use of Vitamin B in various food and beverage, personal care, and nutraceutical applications. Vitamin B is also being used to address issues such as anemia, fatigue, neurological disorders, and energy metabolism. Additionally, Vitamin B is also crucial for pregnant and nursing women, as it aids in fetal brain development and helps reduce the risk of congenital disabilities, which further drives market growth.
Moreover, the Vitamin B segment is expected to register the highest CAGR during the forecast period of 2024–2031. This growth is driven by increased spending on premium fortified food products, a rise in chronic diseases, and a growing prevalence of Vitamin B deficiencies. For instance, in India, approximately 75% of the population—over 650 million people—are estimated to have Vitamin B12 deficiency.
Geographical Analysis
Asia-Pacific Dominates the Vitamins Market in 2024
In 2024, Asia-Pacific is estimated to account for the largest share of the global vitamins market. This significant market share is primarily attributed to the high demand for functional food components, an increasing prevalence of diseases, rising expenditures on health products, abundant availability of raw materials, and the presence of leading market players in the region.
Moreover, the market in Asia-Pacific is projected to record the highest CAGR during the forecast period of 2024–2031. The growth of this regional market is driven by growing health consciousness and increasing vitamin deficiencies in several countries. For instance, there is a rising prevalence of vitamin D deficiencies in India and Malaysia, vitamin B12 deficiencies in India, and vitamin A deficiencies in various Southeast Asian nations.
Key Companies
The report includes a competitive landscape based on an extensive assessment of the key growth strategies adopted by leading market players over the past three years (2021-2024).
The key players profiled in the global vitamins market report are BASF SE (Germany), Archer Daniels Midland Company (U.S.), Cargill Incorporated (U.S.), Ingredion Incorporated (U.S.), Tate & Lyle PLC (U.K.), Roquette Freres (France), DSM-Firmenich AG (Switzerland), Lonza (Switzerland), Dishman Carbogen Amcis Ltd (India), Divi's Laboratories Ltd. (India), Fermenta Biotech Limited (India), Lycored Corp. (U.S.), Glanbia plc (Ireland), and Zhejiang Garden Biopharmaceutical Co. Ltd. (China), among others.
Vitamins Industry Overview: Latest Developments from Key Industry Players
- In December 2023, Smart for Life, Inc. (U.S.) signed a Letter of Intent (LOI) to acquire a cutting-edge manufacturer of vitamins and supplements.
- In July 2022, BASF SE (Germany) expanded its vitamin A formulation plant in Ludwigshafen, Germany.
- In July 2022, Biosyntia Aps (Denmark) raised EUR 11.5 million in a Series B funding round to launch the world’s first bio-based vitamin B7.
- In April 2022, Abbott Laboratories (U.S.) launched Arachitol Gummies in India, designed to help maintain sustainable levels of vitamin D.
Vitamins Market Research Summary
|
Particulars |
Details |
|
Number of Pages |
~210 |
|
Format |
|
|
Forecast Period |
2024–2031 |
|
Base Year |
2024 |
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CAGR |
7.5% |
|
Market Size |
USD 26.03 Billion by 2031 |
|
Segments Covered |
By Type
By Source
By Form
By Application
|
|
Countries Covered |
North America (U.S., Canada), Europe (France, Germany, U.K., Italy, Spain, Poland, Netherlands, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), and the Middle East & Africa (Saudi Arabia, South Africa, UAE, Rest of Middle East & Africa) |
|
Key Companies |
BASF SE (Germany), Archer Daniels Midland Company (U.S.), Cargill Incorporated (U.S.), Ingredion Incorporated (U.S.), Tate & Lyle PLC (U.K.), Roquette Freres (France), DSM-Firmenich AG (Switzerland), Lonza (Switzerland), Dishman Carbogen Amcis Ltd (India), Divi's Laboratories Ltd. (India), Fermenta Biotech Limited (India), Lycored Corp. (U.S.), Glanbia plc (Ireland), and Zhejiang Garden Biopharmaceutical Co. Ltd. (China). |
Key questions answered in the vitamins market report:
The global vitamins market size was valued at $14.55 billion in 2023.
The market is projected to grow from $15.64 billion in 2024 to $26.03 billion by 2031.
The vitamins market analysis indicates substantial growth, with projections indicating that the market will reach $26.03 billion by 2031 at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.
The key companies operating in this market include BASF SE (Germany), Archer Daniels Midland Company (U.S.), Cargill Incorporated (U.S.), Ingredion Incorporated (U.S.), Tate & Lyle PLC (U.K.), Roquette Freres (France), DSM-Firmenich AG (Switzerland), Lonza (Switzerland), Dishman Carbogen Amcis Ltd (India), Divi's Laboratories Ltd. (India), Fermenta Biotech Limited (India), Lycored Corp. (U.S.), Glanbia plc (Ireland), and Zhejiang Garden Biopharmaceutical Co. Ltd. (China).
The growing adoption of clean-label products and growing health & wellness trends are prominent trends in the vitamins market.
By type, the vitamin B segment is forecasted to hold the largest market share during 2024-2031.
By source, the plant segment is expected to register the highest CAGR during the forecast period.
By form, the dry segment is poised to dominate the market during 2024-2031.
By application, the food & beverages segment is expected to register the highest CAGR during the forecast period.
By region, Asia-Pacific holds the largest share of the vitamins in 2024. Moreover, this region is also expected to witness the fastest growth, driven by the high demand for functional food components, an increasing prevalence of diseases, rising expenditures on health products, abundant availability of raw materials, and the presence of leading market players in the region.
Key factors driving the growth of this market include the rising demand for fortified foods, functional beverages, and dietary supplements, coupled with increased awareness of vitamin deficiencies and rising health expenditures.
1. Market Definition & Scope
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Approach
2.2. Process of Data Collection and Validation
2.2.1. Secondary Research
2.2.2. Primary Research/Interviews with Key Opinion Leaders from the Industry
2.3. Market Sizing and Forecast
2.3.1. Market Size Estimation Approach
2.3.1.1. Bottom-up Approach
2.3.1.2. Top-down Approach
2.3.2. Growth Forecast Approach
2.4. Assumptions for the Study
3. Executive Summary
3.1. Overview
3.2. Segmental Analysis
3.2.1. Vitamins Market Analysis, by Type
3.2.2. Vitamins Market Analysis, by Source
3.2.3. Vitamins Market Analysis, by Form
3.2.4. Vitamins Market Analysis, by Application
3.3. Regional Analysis
3.4. Key Players & Competitive Scenario
4. Market Insights
4.1. Overview
4.2. Factors Affecting Market Growth
4.2.1. Increasing Demand for Fortified Foods Supports the Growth of the Market
4.2.2. Growing Demand for Functional Beverages Driving the Demand for Vitamins Market
4.2.3. Rising Awareness Regarding Vitamin Deficiencies Boosting the Adoption of Vitamins
4.2.4. Rising Demand for Dietary Supplements Supporting the Market Growth
4.2.5. Increase in Health Expenditure Driving the Vitamins Market Growth
4.2.6. Fluctuation in Raw Material Availability Restraining the Market Growth
4.2.7. High Price of Naturally Sourced Vitamins Restrain the Vitamins Market
4.2.8. Rising Demand for Naturally Sourced Products Generating Market Growth Opportunities
4.2.9. Growing Demand for Personal Care Products to Offer Market Growth Opportunities
4.2.10. Counterfeiting of Dietary Supplements is a Major Challenge for Market Growth
4.2.11. Lack of Standardized Regulatory Frameworks Remains a Significant Challenge for the Market’s Growth
4.2.12. Rising Demand for Clean-Label Products
4.2.13. Growing Focus on Health and Wellness
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of Substitutes
4.3.4. Threat of New Entrants
4.3.5. Degree of Competition
5. Vitamins Market Assessment—by Type
5.1. Overview
5.2. Vitamin A
5.3. Vitamin B
5.4. Vitamin C
5.5. Vitamin D
5.6. Vitamin E
5.7. Vitamin K
6. Vitamins Market Assessment—by Source
6.1. Overview
6.2. Plant
6.3. Animal
6.4. Other Sources
7. Vitamins Market Assessment—by Form
7.1. Overview
7.2. Dry
7.3. Liquid
8. Vitamins Market Assessment—by Application
8.1. Overview
8.2. Pharmaceuticals & Nutraceuticals
8.3. Food & Beverages
8.4. Feed & Pet Food
8.5. Personal Care
9. Vitamins Market Assessment—by Geography
9.1. Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.3. Europe
9.3.1. France
9.3.2. Germany
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.3.6. Poland
9.3.7. Netherlands
9.3.8. Rest of Europe (RoE)
9.4. Asia-Pacific
9.4.1. China
9.4.2. Japan
9.4.3. India
9.4.4. South Korea
9.4.5. Australia
9.4.6. Indonesia
9.4.7. Singapore
9.4.8. Rest of Asia-Pacific (RoAPAC)
9.5. Latin America
9.5.1. Brazil
9.5.2. Mexico
9.5.3. Argentina
9.5.4. Rest of Latin America (RoLATAM)
9.6. Middle East & Africa
9.6.1. Saudi Arabia
9.6.2. South Africa
9.6.3. United Arab Emirates (UAE)
9.6.4. Rest of Middle East & Africa (RoMEA)
10. Competitive Landscape
10.1. Overview
10.2. Key Growth Strategies
10.3. Competitive Benchmarking
10.4. Competitive Dashboard
10.4.1. Industry Leaders
10.4.2. Market Differentiators
10.4.3. Vanguards
10.4.4. Contemporary Stalwarts
10.5. Market Share/Ranking Analysis, by Key Players (2023)
11. Company Profiles (Business Overview, Financial Overview, Product Portfolio, Strategic Developments, and SWOT Analysis*)
11.1. BASF SE
11.2. Archer Daniels Midland Company
11.3. Cargill Incorporated
11.4. Ingredion Incorporated
11.5. Tate & Lyle PLC
11.6. Roquette Freres
11.7. DSM-Firmenich AG
11.8. Lonza
11.9. Dishman Carbogen Amcis Ltd
11.10. Divi's Laboratories Ltd.
11.11. Fermenta Biotech Limited
11.12. Lycored Corp.
11.13. Glanbia plc
11.14. Zhejiang Garden Biopharmaceutical Co. Ltd.
11.15. Other Companies
(Note: SWOT Analysis will be provided for the Top 5 Companies)
12. Appendix
12.1. Available Customization
12.2. Related Reports
List of Tables
Table 1. Global Vitamins Market, by Type, 2022-2031 (USD Million)
Table 2. Global Vitamin A Market, by Country/Region, 2022-2031 (USD Million)
Table 3. Global Vitamin B Market, by Country/Region, 2022-2031 (USD Million)
Table 4. Global Vitamin C Market, by Country/Region, 2022-2031 (USD Million)
Table 5. Global Vitamin D Market, by Country/Region, 2022-2031 (USD Million)
Table 6. Global Vitamin E Market, by Country/Region, 2022-2031 (USD Million)
Table 7. Global Vitamin K Market, by Country/Region, 2022-2031 (USD Million)
Table 8. Global Vitamins Market, by Source, 2022-2031 (USD Million)
Table 9. Global Plant-sourced Vitamin Market, by Country/Region, 2022-2031 (USD Million)
Table 10. Global Animal-sourced Vitamin Market, by Country/Region, 2022-2031 (USD Million)
Table 11. Global Other-sourced Vitamin Market, by Country/Region, 2022-2031 (USD Million)
Table 12. Global Vitamins Market, by Form, 2022-2031 (USD Million)
Table 13. Global Dry Vitamin Market, by Country/Region, 2022-2031 (USD Million)
Table 14. Global Liquid Vitamin Market, by Country/Region, 2022-2031 (USD Million)
Table 15. Global Vitamins Market, by Application, 2022-2031 (USD Million)
Table 16. Global Vitamins Market for Pharmaceuticals & Nutraceuticals, by Country/Region, 2022-2031 (USD Million)
Table 17. Global Vitamins Market for Food & Beverages, by Country/Region, 2022-2031 (USD Million)
Table 18. Global Vitamins Market for Feed & Pet Food, by Country/Region, 2022-2031 (USD Million)
Table 19. Global Vitamins Market for Personal Care, by Country/Region, 2022-2031 (USD Million)
Table 20. Vitamins Market, by Region, 2022-2031 (USD Million)
Table 21. North America: Vitamins Market, by Country, 2022-2031 (USD Million)
Table 22. North America: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 23. North America: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 24. North America: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 25. North America: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 26. U.S.: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 27. U.S.: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 28. U.S.: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 29. U.S.: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 30. Canada: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 31. Canada: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 32. Canada: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 33. Canada: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 34. Europe: Vitamins Market, by Country/Region, 2022-2031 (USD Million)
Table 35. Europe: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 36. Europe: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 37. Europe: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 38. Europe: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 39. France: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 40. France: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 41. France: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 42. France: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 43. Germany: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 44. Germany: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 45. Germany: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 46. Germany: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 47. Italy: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 48. Italy: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 49. Italy: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 50. Italy: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 51. U.K.: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 52. U.K.: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 53. U.K.: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 54. U.K.: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 55. Spain: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 56. Spain: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 57. Spain: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 58. Spain: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 59. Poland: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 60. Poland: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 61. Poland: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 62. Poland: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 63. Netherlands: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 64. Netherlands: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 65. Netherlands: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 66. Netherlands: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 67. Rest of Europe: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 68. Rest of Europe: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 69. Rest of Europe: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 70. Rest of Europe: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 71. Asia-Pacific: Vitamins Market, by Country/Region, 2022-2031 (USD Million)
Table 72. Asia-Pacific: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 73. Asia-Pacific: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 74. Asia-Pacific: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 75. Asia-Pacific: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 76. China: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 77. China: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 78. China: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 79. China: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 80. Japan: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 81. Japan: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 82. Japan: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 83. Japan: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 84. India: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 85. India: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 86. India: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 87. India: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 88. Australia: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 89. Australia: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 90. Australia: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 91. Australia: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 92. South Korea: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 93. South Korea: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 94. South Korea: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 95. South Korea: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 96. Indonesia: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 97. Indonesia: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 98. Indonesia: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 99. Indonesia: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 100. Singapore: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 101. Singapore: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 102. Singapore: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 103. Singapore: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 104. Rest of Asia-Pacific: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 105. Rest of Asia-Pacific: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 106. Rest of Asia-Pacific: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 107. Rest of Asia-Pacific: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 108. Latin America: Vitamins Market, by Country/Region, 2022-2031 (USD Million)
Table 109. Latin America: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 110. Latin America: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 111. Latin America: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 112. Latin America: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 113. Brazil: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 114. Brazil: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 115. Brazil: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 116. Brazil: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 117. Mexico: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 118. Mexico: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 119. Mexico: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 120. Mexico: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 121. Argentina: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 122. Argentina: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 123. Argentina: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 124. Argentina: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 125. Rest of Latin America: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 126. Rest of Latin America: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 127. Rest of Latin America: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 128. Rest of Latin America: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 129. Middle East & Africa: Vitamins Market, by Country/Region, 2022-2031 (USD Million)
Table 130. Middle East & Africa: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 131. Middle East & Africa: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 132. Middle East & Africa: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 133. Middle East & Africa: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 134. Saudi Arabia: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 135. Saudi Arabia: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 136. Saudi Arabia: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 137. Saudi Arabia: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 138. South Africa: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 139. South Africa: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 140. South Africa: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 141. South Africa: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 142. UAE: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 143. UAE: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 144. UAE: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 145. UAE: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 146. Rest of Middle East & Africa: Vitamins Market, by Type, 2022–2031 (USD Million)
Table 147. Rest of Middle East & Africa: Vitamins Market, by Source, 2022–2031 (USD Million)
Table 148. Rest of Middle East & Africa: Vitamins Market, by Form, 2022–2031 (USD Million)
Table 149. Rest of Middle East & Africa: Vitamins Market, by Application, 2022–2031 (USD Million)
Table 150. Recent Developments, by Company (2020–2024)
List of Figures
Figure 1. Research Process
Figure 2. Secondary Sources Referenced for this Study
Figure 3. Primary Research Techniques
Figure 4. Key Executives Interviewed
Figure 5. Breakdown of Primary Interviews (Supply Side & Demand Side)
Figure 6. Market Sizing and Growth Forecast Approach
Figure 7. In 2024, the Vitamin B Segment to Dominate the Global Vitamins Market
Figure 8. In 2024, the Plant Segment is Expected to Witness the Highest CAGR during the Forecast Period of 2024—2031
Figure 9. In 2024, the Dry Segment to Dominate the Global Vitamins Market
Figure 10. In 2024, the Food & Beverages Segment is Expected to Register Highest CAGR during the Forecast Period of 2024—2031
Figure 11. In 2024, Asia-Pacific Dominates the Overall Vitamins Market
Figure 12. Impact Analysis of Market Dynamics
Figure 13. Vitamins Market: Porter’s Five Forces Analysis
Figure 14. Global Vitamins Market, by Type, 2024 Vs. 2031 (USD Million)
Figure 15. Global Vitamins Market, by Source, 2024 Vs. 2031 (USD Million)
Figure 16. Global Vitamins Market, by Form, 2024 Vs. 2031 (USD Million)
Figure 17. Global Vitamins Market, by Application, 2024 Vs. 2031 (USD Million)
Figure 18. North America: Vitamins Market Snapshot (2024)
Figure 19. Europe: Vitamins Market Snapshot (2024)
Figure 20. Asia-Pacific: Vitamins Market Snapshot (2024)
Figure 21. Latin America: Vitamins Market Snapshot (2024)
Figure 22. Middle East & Africa: Vitamins Market Snapshot (2024)
Figure 23. Key Growth Strategies Adopted by Leading Players (2021–2024)
Figure 24. Global Vitamins Market Competitive Benchmarking, by Type
Figure 25. Competitive Dashboard: Global Vitamins Market
Figure 26. BASF SE: Financial Overview (2024)
Figure 27. Fermenta Biotech Limited: Financial Overview (2023)
Figure 28. Archer Daniels Midland Company: Financial Overview (2023)
Figure 29. Cargill Incorporated: Financial Overview (2024)
Figure 30. Ingredion Incorporated: Financial Overview (2023)
Figure 31. Tate & Lyle PLC: Financial Overview (2024)
Figure 32. DSM-Firmenich AG: Financial Overview (2023)
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