Middle East And Africa Vitamin A Market
Marktgröße in Milliarden USD
CAGR : %
Prognosezeitraum |
2024 –2031 |
Marktgröße (Basisjahr) | USD 28.08 Million |
Marktgröße (Prognosejahr) | USD 36.97 Million |
CAGR |
|
Wichtige Marktteilnehmer |
Middle East and Africa Vitamin A Market Segmentation, By Type (Pre-Formed Vitamin A, Provitamin A, Combine Vitamin A), Product Category (Clean Labeled Ingredient and Conventional), Form (Powder and Liquid), Application (Pharmaceuticals, Food Products, Animal Feed, Personal Care & Cosmetics, Dietary Supplements, Beverages and Others) - Industry Trends and Forecast to 2031.
Middle East and Africa Vitamin A Market Size
Middle East and Africa vitamin A market size was valued at USD 28.08 million in 2023 and is projected to reach USD 36.97 million by 2031, with a CAGR of 3.5% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
Attributes |
Vitamin A Key Market Insights |
Segmentation |
By Type: Pre-Formed Vitamin A, Provitamin A, Combine Vitamin A By Product Category: Clean Labeled Ingredient and Conventional By Form: Powder and Liquid By Application: Pharmaceuticals, Food Products, Animal Feed, Personal Care & Cosmetics, Dietary Supplements, Beverages and Others |
Countries Covered |
Saudi Arabia, South Africa, UAE, Oman, Rest of Middle East and Africa |
Key Market Players |
DSM, BASF SE, Bluestar Adisseo Co., Ltd., CELLMARK AB, Kirkman and Lonza |
Middle East and Africa Vitamin A Market Dynamics
Vitamin A market is growing tremendously across the globe due to the growing prevalence of vitamin A deficiency disease such as rhodopsin, a photoreceptor pigment. The three different types of vitamin A include: pre-formed vitamin A, provitamin A and combine vitamin A. The wide range of applications is accomplishing the demand of consumers. The advancement in research and development (R&D) leads to increased product launch by key market players of the vitamin A market.
Major factors driving the growth of the vitamin A market are increase in government initiation to control the expansion of vitamin A deficiency disease, growing concern for healthier life among others and the factor which hampers the growth of the vitamin A market are side effects related to interaction of vitamin supplements with drugs and vitamin A toxicity among others. Vitamin A demand has increased as compared to the previous year with increasing prevalence of photoreceptor pigment disease and rising pharmaceutical industries initiatives. The partnerships and acquisitions by major market players act as opportunity for the growth of vitamin A market.
The vitamin A market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Middle East and Africa Vitamin A Market Scope
Middle East and Africa vitamin A market is segmented on the basis of type, product category, form and application.
Type
- Pre-formed vitamin A
- Provitamin A
- Combine vitamin A
Product Category
- Clean labeled ingredient
- Conventional
Form
- Powder
- Liquid
Application
- Pharmaceuticals
- Food products
- Animal feed
- Personal care & cosmetics
- Dietary supplements
- Beverages
- Others
Middle East and Africa Vitamin A Market Regional Analysis
The vitamin A market is analyzed and market size information is provided by type, product category, form and application.
The countries covered in the Middle East and Africa vitamin A market report are the Saudi Arabia, South Africa, UAE, Oman, rest of Middle East and Africa.
Saudi Arabia is expected to grow with the substantial growth rate in the forecast period of 2024 to 2031, in Middle East and Africa countries the government organization and healthcare bodies are under taking various programs and increasing investment by the market players.
The country section of the Middle East and Africa vitamin A market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Middle East and Africa brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Vitamin A Market Share Analysis
Vitamin A market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to vitamin A market.
Vitamin A Market Leaders Operating in the Market Are:
- DSM
- BASF SE
- Bluestar Adisseo Co., Ltd.
- CELLMARK AB
- Kirkman
- Lonza
Latest Developments in Vitamin A Market
- In April 2020, acquisition of Glycom by DSM opened new arena for dietary supplements as it is the largest supplier of HMO (Human Milk Oligosaccharide). This will help to produce vitamin fortified milk which will propel the growth of the vitamin market.
- In July 2018, a force majeure is lifted by BASF SE for key vitamin A and E products for its animal nutrition business. This has helped in increasing the sales of the vitamin A products which has helped in the growth of the market in the future.
Collaboration, joint ventures and other strategies by the market player is enhancing the company presence in the Middle East and Africa vitamin A market which also provides the benefit for organization.
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