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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Global Vitamin Ingredients Market Outlook

The global vitamin ingredients market size reached approximately USD 4.61 billion in 2024. The market is projected to grow at a CAGR of 5.5% between 2025 and 2034, reaching a value of around USD 7.47 billion by 2034.

Key Trends in the Market

Vitamin ingredients refer to the individual compounds or substances that constitute essential vitamins. Vitamins are organic compounds required in small quantities by the body to support various physiological functions and maintain overall health. They play crucial roles in processes like metabolism, growth, immunity, and energy production.

  • The global vitamin ingredients market growth can be attributed to a significant shift towards the adoption of healthier lifestyles by consumers amid growing health issues. Consumers are now more conscious of their dietary choices and are actively seeking products that offer added health benefits. Vitamins, being essential nutrients required by the body for proper functioning, have gained prominence in the wellness and nutritional supplement sectors.
  • The global vitamin ingredients market demand is being fuelled by the growing geriatric population. The ageing population requires higher vitamin intake to maintain its health and prevent age-related deficiencies and diseases, creating a substantial demand for vitamin supplements. Moreover, the growing focus on boosting cognitive health, bone health, and the immune system is further aiding the market.
  • Another significant vitamin ingredients market trend is the surge in the popularity of e-commerce platforms. It has significantly impacted the distribution of healthcare and wellness products. Consumers now have access to a wide variety of supplements from different manufacturers and brands, regardless of their geographic location.

Market Analysis

Based on source, the market is segmented into natural and synthetic. The global vitamin ingredients market segmentation, on the basis of type, includes vitamin A, vitamin B, vitamin C, vitamin D, vitamin E, and vitamin K. The market, based on form, includes tablets and capsules, and powder, among others.

The market, based on application, can be divided into pharmaceuticals, food and beverages, personal care products, and animal feed, among others. The major regional markets for vitamin ingredients are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global vitamin ingredients market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

  • Koninklijke DSM N.V.
  • Pfizer Inc. 
  • Abbott Laboratories 
  • BASF SE 
  • Btsa Biotecnologías Aplicadas S.L. 
  • Farbest-Tallman Foods Corporation 
  • Glanbia Plc 
  • Nestlé S.A. 
  • Amway Corporation 
  • Lonza Ltd
  • Bluebonnet Nutrition Corporation
  • Others

Market Share by Application

Animal feeds are likely to cover a majority portion of the global vitamin ingredients market share in the coming years. Vitamins play a vital role in the diet of cattle as essential dietary supplements and support overall their health, growth, and immunity, leading to increased productivity. In the case of cattle, the incorporation of vitamin supplements can enhance milk production and improve the quality of milk constituents.

In addition, the demand for poultry feed additives, including vitamins, is significantly rising due to surging consumer preferences for specific meat and yolk colours, along with growing concerns for the well-being of animals.

Market Share by Region

According to the global vitamin ingredients market analysis, North America is expected to represent a significant market share in the forecast period. The growth of the market in the US and Canada can be attributed to increased consumer awareness regarding the benefits of incorporating vitamin supplements into diets. This demand for such supplements is further augmented by the busy lifestyles and rising income levels in the region. Additionally, key suppliers in the area are adopting strategies and collaborating with prominent online retailers like Walmart and Amazon to enhance product sales.

Competitive Landscape

Koninklijke DSM N.V., commonly known as DSM, is a global science-based company headquartered in the Netherlands. The company was originally founded in 1902 as a state-owned coal mining company but has evolved over the years into a global leader in nutrition, health, and sustainable living solutions.

Pfizer Inc. is a multinational pharmaceutical company based in the United States. It is one of the world's largest pharmaceutical companies and has a significant impact on the global healthcare sector. The company has an extensive focus on the research, manufacturing, and marketing of a wide range of pharmaceutical products.

Abbott Laboratories, commonly known as Abbott, is an American multinational healthcare company with a diverse portfolio of medical devices, pharmaceuticals, diagnostics, and nutrition products. The company was founded in the year 1888 and is currently headquartered in Illinois, the United States.

Other vitamin ingredients market players include BASF SE, Btsa Biotecnologías Aplicadas S.L., Farbest-Tallman Foods Corporation, Glanbia Plc, Nestlé S.A., Amway Corporation, Lonza Ltd, and Bluebonnet Nutrition Corporation, among others.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Source
  • Type
  • Form
  • Application
  • Region
Breakup by Source
  • Natural
  • Synthetic
Breakup by Type
  • Vitamin A
  • Vitamin B
  • Vitamin C
  • Vitamin D
  • Vitamin E
  • Vitamin K
Breakup by Form
  • Tablets and Capsules
  • Powder
  • Others
Breakup by Application
  • Pharmaceuticals
  • Foods and Beverages
  • Personal Care Products
  • Animal Feed
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Koninklijke DSM N.V.
  • Pfizer Inc. 
  • Abbott Laboratories 
  • BASF SE 
  • Btsa Biotecnologías Aplicadas S.L. 
  • Farbest-Tallman Foods Corporation 
  • Glanbia Plc 
  • Nestlé S.A. 
  • Amway Corporation 
  • Lonza Ltd
  • Bluebonnet Nutrition Corporation
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the market reached a value of nearly USD 4.61 billion.

The market is projected to grow at a CAGR of 5.5% between 2025 and 2034.

The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 7.47 billion by 2034.

The market is being driven by the increasing adoption of healthy lifestyles and the rising ageing population around the world.

The growth of the market is propelled by the surging usage of vitamin ingredients in animal feed and the rapid development of e-commerce platforms, especially in developing regions.

The major regions for the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The different types of vitamin ingredients in the market include vitamin A, vitamin B, vitamin C, vitamin D, vitamin E, and vitamin K.

The key players in the market are Koninklijke DSM N.V., Pfizer Inc., Abbott Laboratories, BASF SE, Btsa Biotecnologías Aplicadas S.L., Farbest-Tallman Foods Corporation, Glanbia Plc, Nestlé S.A., Amway Corporation, Lonza Ltd, and Bluebonnet Nutrition Corporation, among others.

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