Asia-Pacific 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.
Asia-Pacific Vitamin A Market Size
Asia-Pacific vitamin A market size was valued at USD 110.36 million in 2023 and is projected to reach USD 184.02 million by 2031, with a CAGR of 6.6% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
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Attributes
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Vitamin A Key Market Insights
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Segmentation
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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
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Countries Covered
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China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, rest of Asia-Pacific
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Key Market Players
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Divi's Nutraceuticals (a subsidiary of Divi’s Laboratories Limited), DSM, BASF SE, Prinova Group LLC, Zhejiang NHU Co., Ltd., Bluestar Adisseo Co., Ltd., CELLMARK AB, Guangzhou ZIO Chemical Co., Ltd, Kirkman and Lonza
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Asia-Pacific 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 localised 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.
Asia-Pacific Vitamin A Market Scope
Asia-Pacific 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
Vitamin A Market Regional Analysis
Vitamin A market is analysed and market size information is provided by type, product category, form and application.
The countries covered in the vitamin A market report are China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, and rest of Asia Pacific.
Asia-Pacific is expected to grow with the fastest CAGR in the forecasted periods as in the Asia-Pacific’s Countries demand for vitamin A are increasing very rapidly due to rapidly increasing population and increasing awareness regarding the vitamin supplement. China is expected to dominate in the market in the Asia-Pacific market. China is one of the leading countries in the world with rapidly changing lifestyle along with increasing demand and usage of vitamin supplements.
The country section of the 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 Asia-Pacific 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:
- Divi's Nutraceuticals (a subsidiary of Divi’s Laboratories Limited)
- DSM
- BASF SE
- Prinova Group LLC
- Zhejiang NHU Co., Ltd.
- Bluestar Adisseo Co.Ltd.
- CELLMARK AB,
- Guangzhou ZIO Chemical Co., Ltd
- Kirkman and Lonza
Latest Developments in Vitamin A Market
- In November 2019, Guangzhou Zio Chemical Co., Ltd. Participated in Food Ingredients China-Health 2019 exhibition in Canton Trade Fair Pazhou Guangzhou. This participation has escalated the presence of company in the china market.
- With signature of agreement between Framlenco group and Bluestar Adisseo Co., Ltd., in August, new horizons open up for producing ingredients for animals feeds which are fortified vitamins. Thus, this might boost the Vitamin A market.
Collaboration, joint ventures and other strategies by the market player is enhancing the company impression in the vitamin A market which also provides the benefit for organisation to improve their sales growth.
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