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PUBLISHER: KBV Research | PRODUCT CODE: 1529283

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PUBLISHER: KBV Research | PRODUCT CODE: 1529283

Asia Pacific 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 Asia Pacific Vitamin K2 Market would witness market growth of 13.8% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific Vitamin K2 Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $29,351.8 Thousands by 2031. The Japan market is registering a CAGR of 13% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 14.5% during (2024 - 2031).

The vitamin K2 market is experiencing significant growth, fueled by an increasing awareness of its critical role in human health. Vitamin K2, a fat-soluble vitamin, has garnered attention for its unique benefits, particularly in bone and cardiovascular health.

Additionally, Vitamin K2, in contrast to the more well-known vitamin K1, which is primarily engaged in the process of blood clotting, plays a significant role in the metabolism of calcium. It ensures that calcium is adequately delivered to the bones and teeth while also preventing calcium from reaching the arteries and soft tissues.

Public awareness regarding the health benefits of vitamin K2, especially for bone health and heart function, is on the rise across the Asia Pacific. This increased knowledge drives consumer interest in incorporating vitamin K2 supplements into their routines. Japan, in particular, has a historical connection with vitamin K2 through the traditional consumption of natto, a fermented soybean product rich in MK-7. This cultural practice has helped drive the awareness and acceptance of vitamin K2's health benefits in the broader population.

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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

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

Asia Pacific 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

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

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 Asia Pacific Vitamin K2 Market, by Product Type
    • 1.4.2 Asia Pacific Vitamin K2 Market, by Form
    • 1.4.3 Asia Pacific Vitamin K2 Market, by Application
    • 1.4.4 Asia Pacific Vitamin K2 Market, by Source
    • 1.4.5 Asia Pacific 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
  • 3.2 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. Asia Pacific Vitamin K2 Market by Product Type

  • 4.1 Asia Pacific MK-7 Market by Country
  • 4.2 Asia Pacific MK-4 Market by Country

Chapter 5. Asia Pacific Vitamin K2 Market by Form

  • 5.1 Asia Pacific Powder & Crystalline Market by Country
  • 5.2 Asia Pacific Capsules & Tablets Market by Country
  • 5.3 Asia Pacific Oils & Liquid Market by Country

Chapter 6. Asia Pacific Vitamin K2 Market by Application

  • 6.1 Asia Pacific Health Supplements Market by Country
  • 6.2 Asia Pacific Pharmaceutical Market by Country
  • 6.3 Asia Pacific Functional Food & Beverages Market by Country

Chapter 7. Asia Pacific Vitamin K2 Market by Source

  • 7.1 Asia Pacific Natural Market by Country
  • 7.2 Asia Pacific Synthetic Market by Country

Chapter 8. Asia Pacific Vitamin K2 Market by Country

  • 8.1 China Vitamin K2 Market
    • 8.1.1 China Vitamin K2 Market by Product Type
    • 8.1.2 China Vitamin K2 Market by Form
    • 8.1.3 China Vitamin K2 Market by Application
    • 8.1.4 China Vitamin K2 Market by Source
  • 8.2 Japan Vitamin K2 Market
    • 8.2.1 Japan Vitamin K2 Market by Product Type
    • 8.2.2 Japan Vitamin K2 Market by Form
    • 8.2.3 Japan Vitamin K2 Market by Application
    • 8.2.4 Japan Vitamin K2 Market by Source
  • 8.3 India Vitamin K2 Market
    • 8.3.1 India Vitamin K2 Market by Product Type
    • 8.3.2 India Vitamin K2 Market by Form
    • 8.3.3 India Vitamin K2 Market by Application
    • 8.3.4 India Vitamin K2 Market by Source
  • 8.4 South Korea Vitamin K2 Market
    • 8.4.1 South Korea Vitamin K2 Market by Product Type
    • 8.4.2 South Korea Vitamin K2 Market by Form
    • 8.4.3 South Korea Vitamin K2 Market by Application
    • 8.4.4 South Korea Vitamin K2 Market by Source
  • 8.5 Singapore Vitamin K2 Market
    • 8.5.1 Singapore Vitamin K2 Market by Product Type
    • 8.5.2 Singapore Vitamin K2 Market by Form
    • 8.5.3 Singapore Vitamin K2 Market by Application
    • 8.5.4 Singapore Vitamin K2 Market by Source
  • 8.6 Malaysia Vitamin K2 Market
    • 8.6.1 Malaysia Vitamin K2 Market by Product Type
    • 8.6.2 Malaysia Vitamin K2 Market by Form
    • 8.6.3 Malaysia Vitamin K2 Market by Application
    • 8.6.4 Malaysia Vitamin K2 Market by Source
  • 8.7 Rest of Asia Pacific Vitamin K2 Market
    • 8.7.1 Rest of Asia Pacific Vitamin K2 Market by Product Type
    • 8.7.2 Rest of Asia Pacific Vitamin K2 Market by Form
    • 8.7.3 Rest of Asia Pacific Vitamin K2 Market by Application
    • 8.7.4 Rest of Asia Pacific 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 Asia Pacific Vitamin K2 Market, 2020 - 2023, USD Thousands
  • TABLE 2 Asia Pacific Vitamin K2 Market, 2024 - 2031, USD Thousands
  • TABLE 3 Asia Pacific Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
  • TABLE 4 Asia Pacific Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
  • TABLE 5 Asia Pacific MK-7 Market by Country, 2020 - 2023, USD Thousands
  • TABLE 6 Asia Pacific MK-7 Market by Country, 2024 - 2031, USD Thousands
  • TABLE 7 Asia Pacific MK-4 Market by Country, 2020 - 2023, USD Thousands
  • TABLE 8 Asia Pacific MK-4 Market by Country, 2024 - 2031, USD Thousands
  • TABLE 9 Asia Pacific Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
  • TABLE 10 Asia Pacific Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
  • TABLE 11 Asia Pacific Powder & Crystalline Market by Country, 2020 - 2023, USD Thousands
  • TABLE 12 Asia Pacific Powder & Crystalline Market by Country, 2024 - 2031, USD Thousands
  • TABLE 13 Asia Pacific Capsules & Tablets Market by Country, 2020 - 2023, USD Thousands
  • TABLE 14 Asia Pacific Capsules & Tablets Market by Country, 2024 - 2031, USD Thousands
  • TABLE 15 Asia Pacific Oils & Liquid Market by Country, 2020 - 2023, USD Thousands
  • TABLE 16 Asia Pacific Oils & Liquid Market by Country, 2024 - 2031, USD Thousands
  • TABLE 17 Asia Pacific Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
  • TABLE 18 Asia Pacific Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
  • TABLE 19 Asia Pacific Health Supplements Market by Country, 2020 - 2023, USD Thousands
  • TABLE 20 Asia Pacific Health Supplements Market by Country, 2024 - 2031, USD Thousands
  • TABLE 21 Asia Pacific Pharmaceutical Market by Country, 2020 - 2023, USD Thousands
  • TABLE 22 Asia Pacific Pharmaceutical Market by Country, 2024 - 2031, USD Thousands
  • TABLE 23 Asia Pacific Functional Food & Beverages Market by Country, 2020 - 2023, USD Thousands
  • TABLE 24 Asia Pacific Functional Food & Beverages Market by Country, 2024 - 2031, USD Thousands
  • TABLE 25 Asia Pacific Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
  • TABLE 26 Asia Pacific Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
  • TABLE 27 Asia Pacific Natural Market by Country, 2020 - 2023, USD Thousands
  • TABLE 28 Asia Pacific Natural Market by Country, 2024 - 2031, USD Thousands
  • TABLE 29 Asia Pacific Synthetic Market by Country, 2020 - 2023, USD Thousands
  • TABLE 30 Asia Pacific Synthetic Market by Country, 2024 - 2031, USD Thousands
  • TABLE 31 Asia Pacific Vitamin K2 Market by Country, 2020 - 2023, USD Thousands
  • TABLE 32 Asia Pacific Vitamin K2 Market by Country, 2024 - 2031, USD Thousands
  • TABLE 33 China Vitamin K2 Market, 2020 - 2023, USD Thousands
  • TABLE 34 China Vitamin K2 Market, 2024 - 2031, USD Thousands
  • TABLE 35 China Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
  • TABLE 36 China Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
  • TABLE 37 China Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
  • TABLE 38 China Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
  • TABLE 39 China Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
  • TABLE 40 China Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
  • TABLE 41 China Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
  • TABLE 42 China Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
  • TABLE 43 Japan Vitamin K2 Market, 2020 - 2023, USD Thousands
  • TABLE 44 Japan Vitamin K2 Market, 2024 - 2031, USD Thousands
  • TABLE 45 Japan Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
  • TABLE 46 Japan Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
  • TABLE 47 Japan Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
  • TABLE 48 Japan Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
  • TABLE 49 Japan Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
  • TABLE 50 Japan Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
  • TABLE 51 Japan Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
  • TABLE 52 Japan Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
  • TABLE 53 India Vitamin K2 Market, 2020 - 2023, USD Thousands
  • TABLE 54 India Vitamin K2 Market, 2024 - 2031, USD Thousands
  • TABLE 55 India Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
  • TABLE 56 India Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
  • TABLE 57 India Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
  • TABLE 58 India Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
  • TABLE 59 India Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
  • TABLE 60 India Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
  • TABLE 61 India Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
  • TABLE 62 India Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
  • TABLE 63 South Korea Vitamin K2 Market, 2020 - 2023, USD Thousands
  • TABLE 64 South Korea Vitamin K2 Market, 2024 - 2031, USD Thousands
  • TABLE 65 South Korea Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
  • TABLE 66 South Korea Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
  • TABLE 67 South Korea Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
  • TABLE 68 South Korea Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
  • TABLE 69 South Korea Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
  • TABLE 70 South Korea Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
  • TABLE 71 South Korea Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
  • TABLE 72 South Korea Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
  • TABLE 73 Singapore Vitamin K2 Market, 2020 - 2023, USD Thousands
  • TABLE 74 Singapore Vitamin K2 Market, 2024 - 2031, USD Thousands
  • TABLE 75 Singapore Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
  • TABLE 76 Singapore Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
  • TABLE 77 Singapore Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
  • TABLE 78 Singapore Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
  • TABLE 79 Singapore Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
  • TABLE 80 Singapore Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
  • TABLE 81 Singapore Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
  • TABLE 82 Singapore Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
  • TABLE 83 Malaysia Vitamin K2 Market, 2020 - 2023, USD Thousands
  • TABLE 84 Malaysia Vitamin K2 Market, 2024 - 2031, USD Thousands
  • TABLE 85 Malaysia Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
  • TABLE 86 Malaysia Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
  • TABLE 87 Malaysia Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
  • TABLE 88 Malaysia Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
  • TABLE 89 Malaysia Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
  • TABLE 90 Malaysia Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
  • TABLE 91 Malaysia Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
  • TABLE 92 Malaysia Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
  • TABLE 93 Rest of Asia Pacific Vitamin K2 Market, 2020 - 2023, USD Thousands
  • TABLE 94 Rest of Asia Pacific Vitamin K2 Market, 2024 - 2031, USD Thousands
  • TABLE 95 Rest of Asia Pacific Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
  • TABLE 96 Rest of Asia Pacific Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
  • TABLE 97 Rest of Asia Pacific Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
  • TABLE 98 Rest of Asia Pacific Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
  • TABLE 99 Rest of Asia Pacific Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
  • TABLE 100 Rest of Asia Pacific Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
  • TABLE 101 Rest of Asia Pacific Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
  • TABLE 102 Rest of Asia Pacific Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
  • TABLE 103 Key information - Balchem Corporation
  • TABLE 104 Key Information - Novozymes A/S
  • TABLE 105 Key Information - BASF SE
  • TABLE 106 Key Information -Lonza Group Ltd.
  • TABLE 107 Key Information - Haihang Industry CO., LTD.
  • TABLE 108 Key Information - AngelYeast Co., Ltd.
  • TABLE 109 Key Information - Kyowa Hakko USA, Inc.
  • TABLE 110 Key Information - Lesaffre Group
  • TABLE 111 Key Information - Anderson Global Group, LLC
  • TABLE 112 Key information - Herbalife International, Inc.
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