Global Vitamin D3 Market by Form Type (Oil, Powder and Crystallized), By Application (Food Industry, Pharmaceuticals Industry, and Feed Industry), and by Region – Global Forecast to 2030

Vitamin D3 Market Report offers a holistic view of the global vitamin D3 market through systematic segmentation that covers every aspect of the target market.

Vitamin D3 Market Overview:

“The Vitamin D3 Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

Vitamin D3 is also known as cholecalciferol, which is one of the crucial compounds in the vitamin D family. Vitamin D3 is a fat-soluble secosteroid that is responsible for increasing the absorption of calcium and phosphate in the intestine.

Vitamin D3 is very powerful and effective in the vitamin D family as it is animal-based. Vitamin D3 can be obtained when exposed to sunlight or from specific food and supplements.

Vitamin D3 is present in abandoned quantities in seafood like salmon, tuna, oyster, shrimp, sardine, etc., and in dairy products like cheese and soy milk.

Because of the sub-optimal level of vitamin D in most of the population of the world, it is one of the driving factors for the growth of the vitamin D3 market.

Also, rapid growth can be forecasted for the vitamin D3 market due to an increase in awareness about the usage and an increase in the number of patients suffering from rheumatoid arthritis and other bone health-related issues.

Consumers' awareness about the deficiency of vitamin D and the risk of diseases caused by it is one of the major factors that drive the growth of the vitamin D3 market.

The occurrence of diseases like osteomalacia in adults and rickets in children has increased, and food fortification with vitamin D3 is increasing owing to government regulation in many countries are some of the factors driving the growth of the vitamin D3 market.

The lack of knowledge in people about the daily recommended consumption of vitamin D3 and fluctuation in prices of vitamin D3 are the factors that hinder the growth of the target market.

Increasing awareness about the reduced health threats like bone fractures, diabetes, multiple sclerosis, cardiovascular disease, etc., by using vitamin D has created a growth opportunity for the target market.

The overdose of supplements can generate vitamin D3 toxicity, due to which many governments have restricted the use of vitamin D3 in the food fortification process and this might restrict the growth of the vitamin D3 market. 

Global Vitamin D3 Market Revenue (US$ Mn), 2020–2030

Global Vitamin D3 Revenue Market Share by Application

The research report on the Global Vitamin D3 market includes profiles of some of the major companies such as BASF SE, Zhejiang NHU Company Ltd., Koninklijke DSM N.V., Zhejiang Garden Bio-chemical High-tech Co., Ltd., Xiamen Kingdomway Group Company, Zhejiang Xianju Pharmaceutical Co., Ltd., Zhejiang Medicine Co., Ltd., Fermenta Biotech Limited, Dishman Carbogen Amcis Limited, Teva Pharmaceutical Industries Limited, and LycoRed Ltd.

Segmentation of the Global Vitamin D3 Market:

Segmentation by Form Type:

• Oil
• Powder
• Crystallized

Segmentation by Application:

• Food Industry
• Pharmaceuticals Industry
• Feed Industry

Segmentation by Regions:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East Africa