Global Vitamin D Supplements Market, By Type (Vitamin D2 Supplements, Vitamin D3 Supplements), Form (Tablets, Capsules & Soft Gels, Powder, Others), Distribution Channel (Supermarkets/Hypermarkets, Pharmacies/Health Stores, Online Retailing, Other Distribution Channel) – Industry Trends and Forecast to 2029.
Vitamin D Supplements Market Analysis and Size
Due to intensive fortification initiatives undertaken by governments worldwide, dietary supplements are constantly evolving to cater to niche population segments. The growing awareness of vitamin supplements has resulted in positive sentiments toward the vitamin D supplements market.
Data Bridge Market Research analyses that the vitamin D supplements market was valued at USD 1.15 billion in 2021 and is expected to reach the value of USD 1.90 billion by 2029, at a CAGR of 6.50% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Vitamin D Supplements Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Vitamin D2 Supplements, Vitamin D3 Supplements), Form (Tablets, Capsules & Soft Gels, Powder, Others), Distribution Channel (Supermarkets/Hypermarkets, Pharmacies/Health Stores, Online Retailing, Other Distribution Channel)
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Countries Covered
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U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
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Market Players Covered
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DuPont. (U.S.), Monsanto Company (U.S.), Syngenta Crop Protection AG (Switzerland), Bayer AG (Germany), Land O'Lakes, Inc. (U.S.), DLF Seeds A/S (Denmark), Sakata Seed America. (U.S.), TAKII & CO.,LTD. (Japan), Adama (Israel), KWS SAAT SE & Co. KGaA (Germany), Rijk Zwaan Zaadteelt en Zaadhandel B.V. (Netherlands), VILMORIN & CIE (France)
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Opportunities
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Market Definition
Vitamin D is needed to maintain strong and healthy bones and teeth. It also controls inflammation and immune function, among many other things in the body. Calciferol is another name for vitamin D. It is a fat-soluble vitamin found naturally in a few foods, added to others, and available as a dietary supplement. Endogenous production occurs when sunlight's ultraviolet (U.V.) photons strike the skin and activate vitamin D synthesis. Vitamin D deficiency prevents rickets in children and osteomalacia in adults. Vitamin D, together with calcium, helps prevent elderly persons from osteoporosis.
Global Vitamin D Supplements Market Dynamics
Drivers
- Growing recommendation from doctors is increasing adoption among general population
Clinical trials show that taking vitamin D supplements at higher doses than previously recommended is beneficial for various diseases. It reduces the risk of falls and fractures, aids in preventing cardiovascular disease, and relieves cold and flu symptoms. Diabetes, multiple sclerosis, Crohn's disease, pain, depression, and possibly autism benefit from this treatment. Vitamin D is essential for maintaining musculoskeletal health in people of all ages. Vitamin D deficiency can cause rickets in children and osteoporosis in adults. The rising prevalence of the aforementioned diseases is increasing medical recommendations for vitamin D consumption, which will drive the global vitamin D supplements market.
- Favourable policies from regulatory authorities
Regulatory authorities' supportive policies stimulate the vitamin D supplements industry. As a result, vitamin D manufacturers now have greater freedom in selling their products. These characteristics facilitate the marketing of vitamin D-containing medications by pharmaceutical companies. Pharmaceutical companies are stepping up their efforts to promote the use of vitamin D commodities, which could boost the global market for vitamin D components in the coming years. Furthermore, regulatory bodies are stepping up their efforts to highlight the advantages of managing vitamin D commodities for sale, thereby expanding the global vitamin D supplements market.
Opportunities
Rising health consciousness, changing dietary patterns, a hectic lifestyle, and increased demand for vitamin supplements in the face of rising cases of micronutrient deficiencies are also expected to drive market growth. Furthermore, the rising prevalence of diseases such as osteomalacia, osteoporosis, and rickets will provide ample opportunities for the growth of the vitamin D supplements market during the forecast period.
Restraints
However, rising awareness about these side effects is likely to stymie the growth of the vitamin D supplements market during the forecast period.
This vitamin D supplements market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the vitamin D supplements market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Vitamin D Supplements Market
Due to the unexpected impact of COVID-19, the vitamin D market has seen an increase in demand for products that promote digestive and immune health, which has benefited the market. As a result, sales of supplements like proteins, vitamins, and omega-3 fatty acids have skyrocketed. As a result, numerous new products were introduced to meet the growing demand. Furthermore, in order to meet rising demand while maintaining safety standards, manufacturers have increased their sales by encouraging customers to shop online.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In November 2021, Holista Colltech will launch a water-soluble vitamin D drop product in Malaysia. According to the manufacturer, the product is more than five times more bioavailable than fat-soluble vitamin D. The Hydro-D product was developed using patented technology by the company's direct-selling subsidiary Alterni.
- In March 2021, Royal DSM launched ampli-D, a three times faster-acting vitamin D supplement, in Australia to address global concerns and needs in immune health support. ampli-D is a faster and more effective way for Australian consumers to support immune health by increasing vitamin-D levels in the body in days and weeks rather than months.
- In November 2020, Yumi Nutrition will release new Vitamin D and Vitamin C gummies. Yumi Sunshine Vitamin D gummies contain a bioactive form of Vitamin D and provide a daily dose of 1000 IU Vitamin D3 per 2 gummies.
Global Vitamin D Supplements Market Scope
The vitamin d supplements market is segmented on the basis of type, form and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Vitamin D2 Supplements
- Vitamin D3 Supplements
Form
- Tablets
- Capsules & Soft Gels
- Powder
- Others
Distribution Channel
- Supermarkets/Hypermarkets
- Pharmacies/Health Stores
- Online Retailing
- Other Distribution Channel
Vitamin D Supplements Market Regional Analysis/Insights
The vitamin D supplements market is analysed and market size insights and trends are provided by country, type, form and distribution channel as referenced above.
The countries covered in the vitamin d supplements market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the vitamin D supplements market due to rising demand for vitamin D supplements among the region's population, which is severely deficient in vitamin D.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Vitamin D Supplements Market Share Analysis
The vitamin D supplements 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, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to vitamin D supplements market.
Some of the major players operating in the vitamin D supplements market are:
- DuPont. (U.S.)
- Monsanto Company (U.S.)
- Syngenta Crop Protection AG (Switzerland)
- Bayer AG (Germany)
- Land O'Lakes, Inc. (U.S.)
- DLF Seeds A/S (Denmark)
- Sakata Seed America. (U.S.)
- TAKII & CO.,LTD. (Japan)
- Adama (Israel)
- KWS SAAT SE & Co. KGaA (Germany)
- Rijk Zwaan Zaadteelt en Zaadhandel B.V. (Netherlands)
- VILMORIN & CIE (France)
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