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PUBLISHER: KBV Research | PRODUCT CODE: 1529279
PUBLISHER: KBV Research | PRODUCT CODE: 1529279
North America Vitamin K2 Market Size, Share & Trends Analysis Report By Product Type (MK-7 and MK-4), By Form (Powder & Crystalline, Capsules & Tablets, and Oils & Liquid), By Application, By Country and Growth Forecast, 2024 - 2031
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The North America Vitamin K2 Market would witness market growth of 12.6% CAGR during the forecast period (2024-2031).
The US market dominated the North America Vitamin K2 Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $59,756.7 Thousands by 2031. The Canada market is experiencing a CAGR of 15% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 14.1% during (2024 - 2031).
The population's aging is a substantial factor that is driving the demand for vitamin K2. The frequency of age-related health issues, such as cardiovascular and osteoporosis diseases, is increasing in tandem with the growing number of aged people.
Additionally, the elderly are at a significant risk of fractures due to osteoporosis, a condition that is marked by compromised bones. Clinical studies have demonstrated that supplementation with vitamin K2 can substantially reduce bone loss and improve bone strength, making it a valuable tool in the fight against osteoporosis.
North America is a crucial region in the market, characterized by high consumer awareness and a robust dietary supplement industry. The United States and Canada are the primary markets within this region, driving significant growth and demand for vitamin K2 products. The demand for vitamin K2 supplements in North America is significantly influenced by the rising prevalence of chronic diseases, including osteoporosis and cardiovascular disease.
Based on Product Type, the market is segmented into MK-7 and MK-4. Based on Form, the market is segmented into Powder & Crystalline, Capsules & Tablets, and Oils & Liquid. Based on Application, the market is segmented into Health Supplements, Pharmaceutical, and Functional Food & Beverages. Based on Source, the market is segmented into Natural and Synthetic. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Balchem Corporation
- Novozymes A/S (Novo Holdings A/S)
- BASF SE
- Lonza Group Ltd. (Capsugel)
- Haihang Industry Co.,Ltd. (Haihang Group)
- AngelYeast Co., Ltd.
- Kyowa Hakko USA, Inc.
- Lesaffre Group
- DSM Nutritional Products
- Herbalife International, Inc
North America Vitamin K2 Market Report Segmentation
By Product Type
- MK-7
- MK-4
By Form
- Powder & Crystalline
- Capsules & Tablets
- Oils & Liquid
By Application
- Health Supplements
- Pharmaceutical
- Functional Food & Beverages
By Source
- Natural
- Synthetic
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Vitamin K2 Market, by Product Type
- 1.4.2 North America Vitamin K2 Market, by Form
- 1.4.3 North America Vitamin K2 Market, by Application
- 1.4.4 North America Vitamin K2 Market, by Source
- 1.4.5 North America Vitamin K2 Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
Chapter 4. North America Vitamin K2 Market by Product Type
- 4.1 North America MK-7 Market by Region
- 4.2 North America MK-4 Market by Region
Chapter 5. North America Vitamin K2 Market by Form
- 5.1 North America Powder & Crystalline Market by Country
- 5.2 North America Capsules & Tablets Market by Country
- 5.3 North America Oils & Liquid Market by Country
Chapter 6. North America Vitamin K2 Market by Application
- 6.1 North America Health Supplements Market by Country
- 6.2 North America Pharmaceutical Market by Country
- 6.3 North America Functional Food & Beverages Market by Country
Chapter 7. North America Vitamin K2 Market by Source
- 7.1 North America Natural Market by Country
- 7.2 North America Synthetic Market by Country
Chapter 8. North America Vitamin K2 Market by Country
- 8.1 US Vitamin K2 Market
- 8.1.1 US Vitamin K2 Market by Product Type
- 8.1.2 US Vitamin K2 Market by Form
- 8.1.3 US Vitamin K2 Market by Application
- 8.1.4 US Vitamin K2 Market by Source
- 8.2 Canada Vitamin K2 Market
- 8.2.1 Canada Vitamin K2 Market by Product Type
- 8.2.2 Canada Vitamin K2 Market by Form
- 8.2.3 Canada Vitamin K2 Market by Application
- 8.2.4 Canada Vitamin K2 Market by Source
- 8.3 Mexico Vitamin K2 Market
- 8.3.1 Mexico Vitamin K2 Market by Product Type
- 8.3.2 Mexico Vitamin K2 Market by Form
- 8.3.3 Mexico Vitamin K2 Market by Application
- 8.3.4 Mexico Vitamin K2 Market by Source
- 8.4 Rest of North America Vitamin K2 Market
- 8.4.1 Rest of North America Vitamin K2 Market by Product Type
- 8.4.2 Rest of North America Vitamin K2 Market by Form
- 8.4.3 Rest of North America Vitamin K2 Market by Application
- 8.4.4 Rest of North America Vitamin K2 Market by Source
Chapter 9. Company Profiles
- 9.1 Balchem Corporation
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Regional & Segmental Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 SWOT Analysis
- 9.2 Novozymes A/S (Novo Holdings A/S)
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Regional Analysis
- 9.2.4 Research & Development Expenses
- 9.3 BASF SE
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 SWOT Analysis
- 9.4 Lonza Group Ltd. (Capsugel)
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 SWOT Analysis
- 9.5 Haihang Industry Co., Ltd. (Haihang Group)
- 9.5.1 Company Overview
- 9.6 AngelYeast Co., Ltd.
- 9.6.1 Company Overview
- 9.6.2 SWOT Analysis
- 9.7 Kyowa Hakko USA, Inc.
- 9.7.1 Company Overview
- 9.8 Lesaffre Group
- 9.8.1 Company Overview
- 9.8.2 SWOT Analysis
- 9.9 Anderson Global Group, LLC
- 9.9.1 Company Overview
- 9.10. Herbalife International, Inc.
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Regional Analysis
- 9.10.4 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Vitamin K2 Market, 2020 - 2023, USD Thousands
- TABLE 2 North America Vitamin K2 Market, 2024 - 2031, USD Thousands
- TABLE 3 North America Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
- TABLE 4 North America Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
- TABLE 5 North America MK-7 Market by Region, 2020 - 2023, USD Thousands
- TABLE 6 North America MK-7 Market by Region, 2024 - 2031, USD Thousands
- TABLE 7 North America MK-4 Market by Region, 2020 - 2023, USD Thousands
- TABLE 8 North America MK-4 Market by Region, 2024 - 2031, USD Thousands
- TABLE 9 North America Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
- TABLE 10 North America Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
- TABLE 11 North America Powder & Crystalline Market by Country, 2020 - 2023, USD Thousands
- TABLE 12 North America Powder & Crystalline Market by Country, 2024 - 2031, USD Thousands
- TABLE 13 North America Capsules & Tablets Market by Country, 2020 - 2023, USD Thousands
- TABLE 14 North America Capsules & Tablets Market by Country, 2024 - 2031, USD Thousands
- TABLE 15 North America Oils & Liquid Market by Country, 2020 - 2023, USD Thousands
- TABLE 16 North America Oils & Liquid Market by Country, 2024 - 2031, USD Thousands
- TABLE 17 North America Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
- TABLE 18 North America Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
- TABLE 19 North America Health Supplements Market by Country, 2020 - 2023, USD Thousands
- TABLE 20 North America Health Supplements Market by Country, 2024 - 2031, USD Thousands
- TABLE 21 North America Pharmaceutical Market by Country, 2020 - 2023, USD Thousands
- TABLE 22 North America Pharmaceutical Market by Country, 2024 - 2031, USD Thousands
- TABLE 23 North America Functional Food & Beverages Market by Country, 2020 - 2023, USD Thousands
- TABLE 24 North America Functional Food & Beverages Market by Country, 2024 - 2031, USD Thousands
- TABLE 25 North America Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
- TABLE 26 North America Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
- TABLE 27 North America Natural Market by Country, 2020 - 2023, USD Thousands
- TABLE 28 North America Natural Market by Country, 2024 - 2031, USD Thousands
- TABLE 29 North America Synthetic Market by Country, 2020 - 2023, USD Thousands
- TABLE 30 North America Synthetic Market by Country, 2024 - 2031, USD Thousands
- TABLE 31 North America Vitamin K2 Market by Country, 2020 - 2023, USD Thousands
- TABLE 32 North America Vitamin K2 Market by Country, 2024 - 2031, USD Thousands
- TABLE 33 US Vitamin K2 Market, 2020 - 2023, USD Thousands
- TABLE 34 US Vitamin K2 Market, 2024 - 2031, USD Thousands
- TABLE 35 US Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
- TABLE 36 US Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
- TABLE 37 US Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
- TABLE 38 US Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
- TABLE 39 US Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
- TABLE 40 US Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
- TABLE 41 US Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
- TABLE 42 US Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
- TABLE 43 Canada Vitamin K2 Market, 2020 - 2023, USD Thousands
- TABLE 44 Canada Vitamin K2 Market, 2024 - 2031, USD Thousands
- TABLE 45 Canada Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
- TABLE 46 Canada Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
- TABLE 47 Canada Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
- TABLE 48 Canada Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
- TABLE 49 Canada Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
- TABLE 50 Canada Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
- TABLE 51 Canada Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
- TABLE 52 Canada Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
- TABLE 53 Mexico Vitamin K2 Market, 2020 - 2023, USD Thousands
- TABLE 54 Mexico Vitamin K2 Market, 2024 - 2031, USD Thousands
- TABLE 55 Mexico Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
- TABLE 56 Mexico Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
- TABLE 57 Mexico Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
- TABLE 58 Mexico Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
- TABLE 59 Mexico Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
- TABLE 60 Mexico Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
- TABLE 61 Mexico Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
- TABLE 62 Mexico Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
- TABLE 63 Rest of North America Vitamin K2 Market, 2020 - 2023, USD Thousands
- TABLE 64 Rest of North America Vitamin K2 Market, 2024 - 2031, USD Thousands
- TABLE 65 Rest of North America Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
- TABLE 66 Rest of North America Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
- TABLE 67 Rest of North America Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
- TABLE 68 Rest of North America Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
- TABLE 69 Rest of North America Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
- TABLE 70 Rest of North America Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
- TABLE 71 Rest of North America Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
- TABLE 72 Rest of North America Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
- TABLE 73 Key information - Balchem Corporation
- TABLE 74 Key Information - Novozymes A/S
- TABLE 75 Key Information - BASF SE
- TABLE 76 Key Information -Lonza Group Ltd.
- TABLE 77 Key Information - Haihang Industry CO., LTD.
- TABLE 78 Key Information - AngelYeast Co., Ltd.
- TABLE 79 Key Information - Kyowa Hakko USA, Inc.
- TABLE 80 Key Information - Lesaffre Group
- TABLE 81 Key Information - Anderson Global Group, LLC
- TABLE 82 Key information - Herbalife International, Inc.
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