North America Vitamin A Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 205.56 Million |
Market Size (Forecast Year) |
USD 279.16 Million |
CAGR |
|
Major Markets Players |
North America 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.
North America Vitamin A Market Size
North America vitamin A Market size was valued at USD 205.56 million in 2023 and is projected to reach USD 279.16 million by 2031, with a CAGR of 3.9% 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 |
U.S., Canada, Mexico |
Key Market Players |
BioThrive Sciences, Divi's Nutraceuticals (a subsidiary of Divi’s Laboratories Limited), DSM, BASF SE, Prinova Group LLC, Farbest Brands, Bactolac Pharmaceutical, Inc., Bluestar Adisseo Co., Ltd., Provitas, LLC, CELLMARK AB, CAPTEK Softgel International Inc., Kirkman, Bluebonnet Nutrition Corporation, Atlantic Essential Products, INC, Lonza, Watson Inc |
North America 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.
North America Vitamin A Market Scope
North America 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
North America vitamin A market is analyzed and market size information is provided by country, type, product category, form and application as referenced above.
The countries covered in the North America vitamin A market report are the U.S., Canada and Mexico.
North America is expected to dominate the vitamin A market due to the high adoption of vitamin A by the patients in the region. The U.S. is dominating in the North America vitamin A market and leading the growth in the North America region due to increased presence of key market players in the region.
The country section of the 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 North America 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:
- BioThrive Sciences
- Divi's Nutraceuticals (a subsidiary of Divi’s Laboratories Limited)
- DSM
- BASF SE
- Prinova Group LLC
- Farbest Brands
- Bactolac Pharmaceutical, Inc
- Bluestar Adisseo Co., Ltd.
- Provitas, LLC
- CELLMARK AB
- CAPTEK Softgel International Inc.
- Kirkman
- Bluebonnet Nutrition Corporation
- Atlantic Essential Products, INC
- Lonza
- Watson Inc.
Latest Developments in Vitamin A 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 growth of the market in future.
Collaboration, joint ventures and other strategies by the market player is enhancing the vitamin A market growth which also provides the benefit for organization to improve their offerings for better consumer experience.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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