Vitamins Market: Global Opportunity Analysis and Industry Forecast, 2021 - 2031


Posted December 11, 2023 by pratikdahe1

The global vitamin industry is impacted profoundly by the outbreak of the coronavirus. The outbreak was first witnessed in China resulting in a lockdown and the ceasing of production activities across the country.

 
The demand for vitamins is expected to slightly taper across the world, owing to supply chain disruptions and the implementation of stringent restrictions to follow social distancing & consistent lockdowns across the globe

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Vitamins are essential nutrients in the human body to maintain health & wellness. Vitamins play an important role in digestion, health, immunity boosting, mental health, and overall smooth performance of the body. The compromised quality of agricultural produce and food products is impacting human health negatively and not able to fulfill the nutritional requirement of the body. It is difficult to consume the required number of vitamins & nutrients from regular food intake. Thus, vitamin supplements are consumed to reach the levels of daily nutrient intake. The demand for vitamin supplements is increasing across the globe.

The post-menopause female population is more susceptible to diseases such as anemia, osteoporosis, osteoarthritis, fibromyalgia, obesity, and depression. According to the World Health Organization (WHO), 18.0% of women above 60 years have osteoarthritis globally, out of which 80% have movement limitations and 25% cannot perform major activities of daily life. In August 2019, the Food and Drug Administration (FDA) reported that women use dietary supplements to deal with menopausal symptoms. Vitamin supplement aimed to reduce the risk of health problems associated with post-menopause such as osteoporosis is expected to increase acceptance of women’s health vitamin supplements. The change in dietary habits, lifestyle, and inadequate nutrient consumption is also responsible for causing fertility issues and other problems in women. The increase in health problems among women is expected to propel the growth of the vitamin market.

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Key Benefits For Stakeholders

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the vitamins market analysis from 2021 to 2031 to identify the prevailing vitamins market opportunities.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the vitamins market segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global market.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global vitamins market trends, key players, market segments, application areas, and market growth strategies.

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Issued By Allied Market Research
Country India
Categories Business
Last Updated December 11, 2023