Vitamins Market Report 2024

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GLOBAL VITAMINS MARKET REPORT 2024
Global,Regional,CountryAnalysis
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INTRODUCTION
Vitamins are essential nutrients in the human
body to maintain health wellness. Vitamins play
a significant role in digestion, health, immunity
boosting, mental health, and overall smooth
performance of the body. This is difficult to
consume the required number of vitamins
nutrients from regular food intake. In addition,
vitamin supplements are consumed to reach the
levels of daily nutrient intake.
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KEY INSIGHTS
MARKET SIZE USD 29.81 Billion
2022
FORECAST USD 58.26 Billion
2030
CAGR 6.51
2023- 2030
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REVENUE MARKET SHARE BY SEGMENTS 2022

• Vitamin A
• Vitamin B3
• Vitamin B5
• Vitamin D3
• Vitamin E
• Vitamin C
• Vitamine K

Type Segment

• Digestive Health
• Immunity
• Mental Health
• Cosmetics
• Performance
• Digestive Disorders
• Menstrual Health

By Application
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Global Vitamins Market Revenue share for 2022
North America
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Increasing health consciousness, disposable
income, and spending on health supplements by
consumers is the major factor expected to drive
the growth of the vitamins market.
Drivers
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AUTHOR'S PERSPECTIVE

• The Global Vitamins Market is witnessing
  significant growth in the near future.
• Based on type, the vitamin C segment has the
  largest revenue share in the vitamin market. This
  is due to the increasing demand for
  immune-boosting vitamin supplements expected to
  drive the growth of the vitamin C segment.
• Based on applications, the immunity segment has
  the largest revenue share in the vitamin market.
  This is due to increasing health consciousness
  among consumers and opting for natural
  health-beneficial supplements with healthy diets
  which help to maintain health and immunity
  systems to prevent diseases.
• In 2023, the Vitamin A segment accounted for
  noticeable share of global Vitamins Market and is
  projected to experience significant growth in the
  near future.

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KEY PLAYERS
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