Global Vitamin D Supplements Market is valued approximately at USD 1.1 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 7.0 % over the forecast period 2023-2030. Vitamin D supplements are dietary supplements that provide an additional source of vitamin D, a fat-soluble nutrient essential for various bodily functions, including bone health, immune system support, and calcium absorption. These supplements are designed to address deficiencies or insufficiencies of vitamin D in the body and contribute to overall health and well-being. The Vitamin D Supplements market is expanding because of factors such as, growing aging population and growing retail e-commerce.
According to the Statista in 2021, the worldwide retail e-commerce sales amounted to approximately USD 5.2 trillion. It is projected that this figure may experience a substantial growth rate of 56 percent in the upcoming years, reaching approximately USD 8.1 trillion by the year 2026. According to the World Health Organization, the proportion of individuals aged 60 years or older in the world is projected to reach 1 in 6 by 2030. During this time, the population of people aged 60 years and over is expected to increase from 1 billion in 2020 to 1.4 billion. Furthermore, by 2050, the global population of individuals aged 60 years and older is anticipated to double, reaching 2.1 billion. Notably, the number of individuals aged 80 years or older is predicted to triple between 2020 and 2050, reaching a total of 426 million. In addition, increasing focus on health and wellness and rising incidence of vitamin D deficiency would create a lucrative growth opportunity. However, stringent regulations and limited accessibility & affordability stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Vitamin D Supplements Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominates the market during the forecast period with largest market share owing to the, increased usage of nutritional supplements, higher prevalence of chronic diseases such as diabetes and cancer and the rising incidence of obesity due to increased consumption of alcohol and fast food in the region. Asia Pacific is expected to be the fastest growing region during the forecast period, owing to factors such as, rising consumer disposable income, increasing demand for nutritious and healthy goods, and the rising popularity of vitamin-infused products in the region.
Major market player included in this report are:
- High-Tech Co. Ltd
- Zhejiang Xinhecheng Co. Ltd.
- Taizhou Haisheng Pharmaceutical Co. Ltd
- Xiamen Jindawei Vitamin Co. Ltd.
- Fermenta Biotech Ltd.
- Zhejiang Medicine Co., Ltd.
- Dishman Group
- Pfizer, Inc.
- McKinley Resources Inc.
- New Gen Pharma Inc
Recent Developments in the Market:
- In November 2021, Holista Colltech introduced a water-soluble vitamin D drop product called Hydro-D in Malaysia. This innovative product, developed through Holista's direct-selling subsidiary Alterni, boasts over five times higher bioavailability compared to fat-soluble vitamin D.
- In March 2021, Royal DSM introduced ampli-D, a vitamin D supplement in Australia designed to address global concerns and meet the growing need for immune health support. ampli-D is a faster-acting and more efficient solution for Australian consumers to increase vitamin D levels in their bodies within days and weeks, as opposed to months. This product aims to enhance immune health effectively.
Global Vitamin D Supplements Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimatio: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Analog, Application, End-User, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Analog:
By Application:
- Pharmaceuticals
- Functional Food and Beverages
- Personal Care
- Pet Food
- Animal Feed
By End-User:
- Adult
- Children
- Pregnant Women
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Vitamin D Supplements Market, by region, 2020-2030 (USD Billion)
- 1.2.2. Vitamin D Supplements Market, by Analog , 2020-2030 (USD Billion)
- 1.2.3. Vitamin D Supplements Market, by Application , 2020-2030 (USD Billion)
- 1.2.4. Vitamin D Supplements Market, by End-User , 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Vitamin D Supplements Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Vitamin D Supplements Market Dynamics
- 3.1. Vitamin D Supplements Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing aging population
- 3.1.1.2. Growing retail e-commerce
- 3.1.2. Market Challenges
- 3.1.2.1. Stringent regulation
- 3.1.2.2. Limited accessibility & affordability
- 3.1.3. Market Opportunities
- 3.1.3.1. Increasing focus on health and wellness
- 3.1.3.2. Rising incidence of vitamin D deficiency
Chapter 4. Global Vitamin D Supplements Market: Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Vitamin D Supplements Market, by Analog
- 5.1. Market Snapshot
- 5.2. Global Vitamin D Supplements Market by Analog , Performance - Potential Analysis
- 5.3. Global Vitamin D Supplements Market Estimates & Forecasts by Analog 2020-2030 (USD Billion)
- 5.4. Vitamin D Supplements Market, Sub Segment Analysis
- 5.4.1. Vitamin D2
- 5.4.2. Vitamin D3
Chapter 6. Global Vitamin D Supplements Market, by Application
- 6.1. Market Snapshot
- 6.2. Global Vitamin D Supplements Market by Application , Performance - Potential Analysis
- 6.3. Global Vitamin D Supplements Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 6.4. Vitamin D Supplements Market, Sub Segment Analysis
- 6.4.1. Pharmaceuticals
- 6.4.2. Functional Food and Beverages
- 6.4.3. Personal Care
- 6.4.4. Pet Food
- 6.4.5. Animal Feed
Chapter 7. Global Vitamin D Supplements Market, by End-User
- 7.1. Market Snapshot
- 7.2. Global Vitamin D Supplements Market by End-User , Performance - Potential Analysis
- 7.3. Global Vitamin D Supplements Market Estimates & Forecasts by End-User 2020-2030 (USD Billion)
- 7.4. Vitamin D Supplements Market, Sub Segment Analysis
- 7.4.1. Adult
- 7.4.2. Children
- 7.4.3. Pregnant Women
Chapter 8. Global Vitamin D Supplements Market, Regional Analysis
- 8.1. Top Leading Countries
- 8.2. Top Emerging Countries
- 8.3. Vitamin D Supplements Market, Regional Market Snapshot
- 8.4. North America Vitamin D Supplements Market
- 8.4.1. U.S. Vitamin D Supplements Market
- 8.4.1.1. Analog breakdown estimates & forecasts, 2020-2030
- 8.4.1.2. Application breakdown estimates & forecasts, 2020-2030
- 8.4.1.3. End-User breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Vitamin D Supplements Market
- 8.5. Europe Vitamin D Supplements Market Snapshot
- 8.5.1. U.K. Vitamin D Supplements Market
- 8.5.2. Germany Vitamin D Supplements Market
- 8.5.3. France Vitamin D Supplements Market
- 8.5.4. Spain Vitamin D Supplements Market
- 8.5.5. Italy Vitamin D Supplements Market
- 8.5.6. Rest of Europe Vitamin D Supplements Market
- 8.6. Asia-Pacific Vitamin D Supplements Market Snapshot
- 8.6.1. China Vitamin D Supplements Market
- 8.6.2. India Vitamin D Supplements Market
- 8.6.3. Japan Vitamin D Supplements Market
- 8.6.4. Australia Vitamin D Supplements Market
- 8.6.5. South Korea Vitamin D Supplements Market
- 8.6.6. Rest of Asia Pacific Vitamin D Supplements Market
- 8.7. Latin America Vitamin D Supplements Market Snapshot
- 8.7.1. Brazil Vitamin D Supplements Market
- 8.7.2. Mexico Vitamin D Supplements Market
- 8.8. Middle East & Africa Vitamin D Supplements Market
- 8.8.1. Saudi Arabia Vitamin D Supplements Market
- 8.8.2. South Africa Vitamin D Supplements Market
- 8.8.3. Rest of Middle East & Africa Vitamin D Supplements Market
Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. High-Tech Co. Ltd
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Product Summary
- 9.3.1.5. Recent Developments
- 9.3.2. Zhejiang Xinhecheng Co. Ltd.
- 9.3.3. Taizhou Haisheng Pharmaceutical Co. Ltd
- 9.3.4. Xiamen Jindawei Vitamin Co. Ltd.
- 9.3.5. Fermenta Biotech Ltd.
- 9.3.6. Zhejiang Medicine Co., Ltd.
- 9.3.7. Dishman Group
- 9.3.8. Pfizer, Inc.
- 9.3.9. McKinley Resources Inc.
- 9.3.10. New Gen Pharma Inc
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption