Global vitamin A market is estimated to be valued at US$ 19560.00 Million in 2021, according to the Global Vitamin A Market Report, by Source (Natural and Synthetic), by Product Type (Food Grade, Feed Grade, and Pharmaceutical Grade), by Form (Powder and Liquid), by Application (Food & Beverages, Dietary Supplements, Clinical Nutrition, Animal Feed, and Personal Care & Cosmetics), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa), published by Coherent Market Insights.
Global vitamin A market was valued at US$ 19560.00 Million in 2021. Vitamin A Market is expected to register a CAGR of 5.71% over the forecast period (2022–2030), to reach US$ 32213.90 Million by 2030.
The growth of the vitamin A market is expected to be driven by strategies adopted by target market key players. Several manufacturers of dietary supplements are leveraging the benefits associated with consumption of vitamin A to expand their product portfolio and global reach. Moreover, the U.S. FDA (Food & Drug Administration) is reviewing these supplements for their effective functioning inside the human body. Moreover, the need for consultation from a nutritionist, healthcare provider, or pharmacist is necessary to know more about the required vitamin A intake
To know the latest trends and insights prevalent in this market, click the link below:
https://www.coherentmarketinsights.com/market-insight/vitamin-a-market-4451
Key Trends and Analysis of the Global Vitamin A Market:
Development of nutritional processed food for livestock. Vitamin A is a fat-soluble and essential micronutrient that boosts the function of the lungs, eyes, and skin in the human and animal body. Its intake prevents growth disorder and helps in skeletal development. Vitamin A acetate is majorly used in the preparation of dry feed for livestock. Palmitate and propionate esters are largely used in the preparation of liquid feeds. Among regions, Europe accounted for a significant market share in 2021.
Key Takeaways of the Global Vitamin A Market:
Among form, powder segment held largest revenue share of 69.6% in the global vitamin A market, in 2021, owing to the fact that it is easy to store and transport. Furthermore, consumer’s consumption of Vitamin A in powder form is higher since the shelf life of powder form is more, as compared to the liquid form, which in turn is expected to foster the segment growth during the forecast period.
- New product launches, merger & acquisitions, strategic partnership expansion, and research & development activities for the vitamin A are key strategies adopted by players in the global vitamin A market. For instance, isotretinoin (13-cis retinoic acid) is widely used for treatment against acne due to its ability to reduce the secretion and size of sebaceous glands. Moreover, vitamin A has the ability to reduce signs of aging by lowering the number of fine lines and wrinkles.
