The global vitamin D market size is expected to reach USD 1,025.95 million by 2030, according to a new study by Polaris Market Research. The report “Vitamin D Market Share, Size, Trends, Industry Analysis Report, By Analog (Vitamin D2 and Vitamin D3); By Application; By End-Use; By Form; By Region; Segment Forecast, 2022-2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
A rising number of innovation hub launches for the purpose of research & commercialization of biofortification, which helps to increase the levels of nutrients in crops and food is a key factor driving the growth of the market in the coming years. The biofortification hub is popularly known for combing high expertise in soil, food innovation, crop genetics, and human health & nutrition. For example, the newly innovated gene-edited tomatoes which is a type of forfeited crop are expected to help millions of people suffering from vitamin D deficiency.
Increasing consumer awareness towards the adverse impact of inorganic and unhealthy dietary habits on human health and growing advancements in vitamin D-rich food along with the rising prevalence of several types of cardiovascular diseases and obese populations worldwide are also influencing the market growth. In August 2022, a Singapore-based firm MD Pharmaceuticals and DSM announced that they have developed a faster-acting Vitamin D supplement named Rapid-D. It’s a 100 percent vegetarian capsule product, which contains ample-D, a type of vitamin D that helps to boost immunity.
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In recent years, the advancements in food products enriched with vitamin D have gained high popularity and various manufacturers of the food & beverage industry rapidly emphasize offering several vitamin-forfeited food products because of the rapid growth in rising awareness among consumers regarding the benefits of having nutritionally rich foods in their regular meals, and likely to contribute to the adoption and demand of the vitamin D products significantly over the next coming years. For instance, in September 2022, Abbott introduced Ensure with HMB, this supplement is formulated with 32 vital nutrients such as vitamin D, high-quality protein, and calcium to improve bone & muscle health.
Vitamin D Market Report Highlights
Polaris Market Research has segmented the vitamin D market report based on analog, application, end-user, form, and region:
Vitamin D, Analog Outlook (Revenue - USD Million, 2018 - 2030)
Vitamin D, Application Outlook (Revenue - USD Million, 2018 - 2030)
Vitamin D, End-User Outlook (Revenue - USD Million, 2018 - 2030)
Vitamin D, Form Outlook (Revenue - USD Million, 2018 - 2030)
Vitamin D, Regional Outlook (Revenue - USD Million, 2018 - 2030)