PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1579899
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1579899
Global Vitamin K3 (Menadione)Market Size Study, by Application (Feed, Pharmaceutical), and Regional Forecasts 2022-2032
The Global Vitamin K3 (Menadione)Market, valued at USD 8.8 Billion in 2023, growing at a CAGR of 5.93% during the forecast period 2024-2032. Vitamin K3, also known as menadione, is a synthetic form of vitamin K that plays a vital role in various physiological processes such as blood clotting and bone health in both humans and animals. Vitamin K3 (Menadione)is widely used in dietary supplements, pharmaceuticals, and animal feed due to its critical role in promoting health and preventing deficiencies.
The growing awareness about the health benefits of Vitamin K3, its incorporation in animal feed, and its use in pharmaceutical and cosmetic industries are driving market growth. The increasing demand for dietary supplements, especially among the elderly population and individuals with bone-related disorders such as osteoporosis, is contributing to the rising demand for Vitamin K3-based products. Furthermore, its use in cosmetics, particularly in anti-aging and skin health formulations, is fueling market expansion. The increasing use of Vitamin K3 (Menadione)in animal feed to improve livestock health and productivity is also a significant factor propelling the market forward.
North America leads the global Vitamin K3 (Menadione)market due to high health awareness, increased supplement consumption, and the demand for livestock nutrition products. The Asia-Pacific region is expected to grow at a rapid pace, driven by rising disposable incomes, growing awareness of health and wellness, and the expanding pharmaceutical and animal feed industries.
Major players in the market includes:
- DSM Nutritional Products
- BASF SE
- Adisseo
- Zhejiang NHU Co., Ltd.
- Shandong Huasheng Chemical Co., Ltd.
- Mianyang Vanetta Chemical Co., Ltd.
- Brother Enterprises Holding Co., Ltd.
- Jiangsu Yiming Biological Technology Co., Ltd.
- Huvepharma
- Changzhou Highassay Chemical Co., Ltd.
- Nantong Acetic Acid Chemical Co., Ltd.
- Chengdu Chelation Biology Technology Co., Ltd.
- Hubei Marvel-Bio Pharmaceutical Co., Ltd.
- Xiamen Hisunny Chemical Co., Ltd.
- Tianjin Zhongrui Pharmaceutical Co., Ltd.
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
Years considered for the study:
- Historical year - 2018-2023
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of geographical landscape with country-level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand-side and supply-side analysis of the market.
Table of Contents
Chapter 1. Global Vitamin K3 (Menadione)Market Executive Summary
- 1.1. Global Vitamin K3 (Menadione)Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Application
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Vitamin K3 (Menadione)Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory Frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
Chapter 3. Global Vitamin K3 (Menadione)Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Increasing Awareness of Vitamin K3 (Menadione)Health Benefits
- 3.1.2. Expanding Applications in Animal Feed and Cosmetics
- 3.1.3. Growing Demand for Preventive Healthcare Solutions
- 3.2. Market Challenges
- 3.2.1. High Cost of Synthetic Vitamin K3 (Menadione)Production
- 3.2.2. Competition from Natural Vitamin K Alternatives
- 3.3. Market Opportunities
- 3.3.1. Rising Demand for Nutraceuticals and Functional Foods
- 3.3.2. Expansion of the Animal Feed Industry
Chapter 4. Global Vitamin K3 (Menadione)Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunity
- 4.4. Top Winning Strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Vitamin K3 (Menadione)Market Size & Forecasts by Application (2022-2032)
- 5.1. Segment Dashboard
- 5.2. Global Vitamin K3 (Menadione)Market Revenue by Application (2022 & 2032)
- 5.2.1. Feed
- 5.2.2. Pharmaceutical
Chapter 6. Global Vitamin K3 (Menadione)Market Size & Forecasts by Region (2022-2032)
- 6.1. North America Vitamin K3 (Menadione)Market
- 6.1.1. U.S.
- 6.1.2. Canada
- 6.2. Europe Vitamin K3 (Menadione)Market
- 6.2.1. UK
- 6.2.2. Germany
- 6.2.3. France
- 6.2.4. Italy
- 6.2.5. Spain
- 6.2.6. Rest of Europe
- 6.3. Asia Pacific Vitamin K3 (Menadione)Market
- 6.3.1. China
- 6.3.2. Japan
- 6.3.3. India
- 6.3.4. South Korea
- 6.3.5. Australia
- 6.3.6. Indonesia
- 6.3.7. Rest of Asia Pacific
- 6.4. Latin America Vitamin K3 (Menadione)Market
- 6.4.1. Brazil
- 6.4.2. Mexico
- 6.4.3. Rest of Latin America
- 6.5. Middle East & Africa Vitamin K3 (Menadione)Market
- 6.5.1. Saudi Arabia
- 6.5.2. U.A.E
- 6.5.3. South Africa
- 6.5.4. Rest of MEA
Chapter 7. Competitive Intelligence
- 7.1. Key Company SWOT Analysis
- 7.2. Top Market Strategies
- 7.3. Company Profiles
- 7.3.1. DSM Nutritional Products
- 7.3.2. BASF SE
- 7.3.3. Adisseo
- 7.3.4. Zhejiang NHU Co., Ltd.
- 7.3.5. Shandong Huasheng Chemical Co., Ltd.
- 7.3.6. Mianyang Vanetta Chemical Co., Ltd.
- 7.3.7. Brother Enterprises Holding Co., Ltd.
- 7.3.8. Jiangsu Yiming Biological Technology Co., Ltd.
- 7.3.9. Huvepharma
- 7.3.10. Changzhou Highassay Chemical Co., Ltd.
- 7.3.11. Nantong Acetic Acid Chemical Co., Ltd.
- 7.3.12. Chengdu Chelation Biology Technology Co., Ltd.
- 7.3.13. Hubei Marvel-Bio Pharmaceutical Co., Ltd.
- 7.3.14. Xiamen Hisunny Chemical Co., Ltd.
- 7.3.15. Tianjin Zhongrui Pharmaceutical Co., Ltd.
Chapter 8. Research Process
- 8.1. Research Process
- 8.1.1. Data Mining
- 8.1.2. Analysis
- 8.1.3. Market Estimation
- 8.1.4. Validation
- 8.1.5. Publishing
- 8.2. Research Attributes
