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PUBLISHER: KBV Research | PRODUCT CODE: 1529299
PUBLISHER: KBV Research | PRODUCT CODE: 1529299
LAMEA 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 Latin America, Middle East and Africa Vitamin K2 Market would witness market growth of 15.7% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Vitamin K2 Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $6,729.8 Thousands by 2031. The Argentina market is showcasing a CAGR of 16.6% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 15.3% during (2024 - 2031).
The primary causes of mortality worldwide are cardiovascular diseases (CVDs), which include stroke and heart disease. According to the World Health Organization (WHO), cardiovascular diseases are responsible for around 17.9 million fatalities annually, which together account for 31% of all deaths that occur worldwide.
Moreover, arterial calcification is a significant factor in the development of cardiovascular disease. Vitamin K2 has been shown to play a vital role in preventing arterial calcification. It activates matrix Gla-protein (MGP), which inhibits calcium from depositing in the arteries, thus maintaining arterial flexibility and health.
As economies in LAMEA countries develop, disposable income increases, leading to more spending on preventative healthcare and supplements. Rapid urbanization across LAMEA regions often leads to lifestyle changes, including increased processed food consumption and decreased physical activity. This can contribute to vitamin deficiencies, potentially driving demand for vitamin K2 supplements.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
LAMEA 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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Vitamin K2 Market, by Product Type
- 1.4.2 LAMEA Vitamin K2 Market, by Form
- 1.4.3 LAMEA Vitamin K2 Market, by Application
- 1.4.4 LAMEA Vitamin K2 Market, by Source
- 1.4.5 LAMEA 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. LAMEA Vitamin K2 Market by Product Type
- 4.1 LAMEA MK-7 Market by Country
- 4.2 LAMEA MK-4 Market by Country
Chapter 5. LAMEA Vitamin K2 Market by Form
- 5.1 LAMEA Powder & Crystalline Market by Country
- 5.2 LAMEA Capsules & Tablets Market by Country
- 5.3 LAMEA Oils & Liquid Market by Country
Chapter 6. LAMEA Vitamin K2 Market by Application
- 6.1 LAMEA Health Supplements Market by Country
- 6.2 LAMEA Pharmaceutical Market by Country
- 6.3 LAMEA Functional Food & Beverages Market by Country
Chapter 7. LAMEA Vitamin K2 Market by Source
- 7.1 LAMEA Natural Market by Country
- 7.2 LAMEA Synthetic Market by Country
Chapter 8. LAMEA Vitamin K2 Market by Country
- 8.1 Brazil Vitamin K2 Market
- 8.1.1 Brazil Vitamin K2 Market by Product Type
- 8.1.2 Brazil Vitamin K2 Market by Form
- 8.1.3 Brazil Vitamin K2 Market by Application
- 8.1.4 Brazil Vitamin K2 Market by Source
- 8.2 Argentina Vitamin K2 Market
- 8.2.1 Argentina Vitamin K2 Market by Product Type
- 8.2.2 Argentina Vitamin K2 Market by Form
- 8.2.3 Argentina Vitamin K2 Market by Application
- 8.2.4 Argentina Vitamin K2 Market by Source
- 8.3 UAE Vitamin K2 Market
- 8.3.1 UAE Vitamin K2 Market by Product Type
- 8.3.2 UAE Vitamin K2 Market by Form
- 8.3.3 UAE Vitamin K2 Market by Application
- 8.3.4 UAE Vitamin K2 Market by Source
- 8.4 Saudi Arabia Vitamin K2 Market
- 8.4.1 Saudi Arabia Vitamin K2 Market by Product Type
- 8.4.2 Saudi Arabia Vitamin K2 Market by Form
- 8.4.3 Saudi Arabia Vitamin K2 Market by Application
- 8.4.4 Saudi Arabia Vitamin K2 Market by Source
- 8.5 South Africa Vitamin K2 Market
- 8.5.1 South Africa Vitamin K2 Market by Product Type
- 8.5.2 South Africa Vitamin K2 Market by Form
- 8.5.3 South Africa Vitamin K2 Market by Application
- 8.5.4 South Africa Vitamin K2 Market by Source
- 8.6 Nigeria Vitamin K2 Market
- 8.6.1 Nigeria Vitamin K2 Market by Product Type
- 8.6.2 Nigeria Vitamin K2 Market by Form
- 8.6.3 Nigeria Vitamin K2 Market by Application
- 8.6.4 Nigeria Vitamin K2 Market by Source
- 8.7 Rest of LAMEA Vitamin K2 Market
- 8.7.1 Rest of LAMEA Vitamin K2 Market by Product Type
- 8.7.2 Rest of LAMEA Vitamin K2 Market by Form
- 8.7.3 Rest of LAMEA Vitamin K2 Market by Application
- 8.7.4 Rest of LAMEA 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 LAMEA Vitamin K2 Market, 2020 - 2023, USD Thousands
- TABLE 2 LAMEA Vitamin K2 Market, 2024 - 2031, USD Thousands
- TABLE 3 LAMEA Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
- TABLE 4 LAMEA Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
- TABLE 5 LAMEA MK-7 Market by Country, 2020 - 2023, USD Thousands
- TABLE 6 LAMEA MK-7 Market by Country, 2024 - 2031, USD Thousands
- TABLE 7 LAMEA MK-4 Market by Country, 2020 - 2023, USD Thousands
- TABLE 8 LAMEA MK-4 Market by Country, 2024 - 2031, USD Thousands
- TABLE 9 LAMEA Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
- TABLE 10 LAMEA Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
- TABLE 11 LAMEA Powder & Crystalline Market by Country, 2020 - 2023, USD Thousands
- TABLE 12 LAMEA Powder & Crystalline Market by Country, 2024 - 2031, USD Thousands
- TABLE 13 LAMEA Capsules & Tablets Market by Country, 2020 - 2023, USD Thousands
- TABLE 14 LAMEA Capsules & Tablets Market by Country, 2024 - 2031, USD Thousands
- TABLE 15 LAMEA Oils & Liquid Market by Country, 2020 - 2023, USD Thousands
- TABLE 16 LAMEA Oils & Liquid Market by Country, 2024 - 2031, USD Thousands
- TABLE 17 LAMEA Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
- TABLE 18 LAMEA Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
- TABLE 19 LAMEA Health Supplements Market by Country, 2020 - 2023, USD Thousands
- TABLE 20 LAMEA Health Supplements Market by Country, 2024 - 2031, USD Thousands
- TABLE 21 LAMEA Pharmaceutical Market by Country, 2020 - 2023, USD Thousands
- TABLE 22 LAMEA Pharmaceutical Market by Country, 2024 - 2031, USD Thousands
- TABLE 23 LAMEA Functional Food & Beverages Market by Country, 2020 - 2023, USD Thousands
- TABLE 24 LAMEA Functional Food & Beverages Market by Country, 2024 - 2031, USD Thousands
- TABLE 25 LAMEA Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
- TABLE 26 LAMEA Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
- TABLE 27 LAMEA Natural Market by Country, 2020 - 2023, USD Thousands
- TABLE 28 LAMEA Natural Market by Country, 2024 - 2031, USD Thousands
- TABLE 29 LAMEA Synthetic Market by Country, 2020 - 2023, USD Thousands
- TABLE 30 LAMEA Synthetic Market by Country, 2024 - 2031, USD Thousands
- TABLE 31 LAMEA Vitamin K2 Market by Country, 2020 - 2023, USD Thousands
- TABLE 32 LAMEA Vitamin K2 Market by Country, 2024 - 2031, USD Thousands
- TABLE 33 Brazil Vitamin K2 Market, 2020 - 2023, USD Thousands
- TABLE 34 Brazil Vitamin K2 Market, 2024 - 2031, USD Thousands
- TABLE 35 Brazil Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
- TABLE 36 Brazil Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
- TABLE 37 Brazil Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
- TABLE 38 Brazil Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
- TABLE 39 Brazil Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
- TABLE 40 Brazil Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
- TABLE 41 Brazil Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
- TABLE 42 Brazil Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
- TABLE 43 Argentina Vitamin K2 Market, 2020 - 2023, USD Thousands
- TABLE 44 Argentina Vitamin K2 Market, 2024 - 2031, USD Thousands
- TABLE 45 Argentina Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
- TABLE 46 Argentina Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
- TABLE 47 Argentina Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
- TABLE 48 Argentina Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
- TABLE 49 Argentina Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
- TABLE 50 Argentina Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
- TABLE 51 Argentina Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
- TABLE 52 Argentina Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
- TABLE 53 UAE Vitamin K2 Market, 2020 - 2023, USD Thousands
- TABLE 54 UAE Vitamin K2 Market, 2024 - 2031, USD Thousands
- TABLE 55 UAE Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
- TABLE 56 UAE Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
- TABLE 57 UAE Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
- TABLE 58 UAE Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
- TABLE 59 UAE Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
- TABLE 60 UAE Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
- TABLE 61 UAE Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
- TABLE 62 UAE Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
- TABLE 63 Saudi Arabia Vitamin K2 Market, 2020 - 2023, USD Thousands
- TABLE 64 Saudi Arabia Vitamin K2 Market, 2024 - 2031, USD Thousands
- TABLE 65 Saudi Arabia Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
- TABLE 66 Saudi Arabia Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
- TABLE 67 Saudi Arabia Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
- TABLE 68 Saudi Arabia Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
- TABLE 69 Saudi Arabia Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
- TABLE 70 Saudi Arabia Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
- TABLE 71 Saudi Arabia Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
- TABLE 72 Saudi Arabia Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
- TABLE 73 South Africa Vitamin K2 Market, 2020 - 2023, USD Thousands
- TABLE 74 South Africa Vitamin K2 Market, 2024 - 2031, USD Thousands
- TABLE 75 South Africa Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
- TABLE 76 South Africa Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
- TABLE 77 South Africa Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
- TABLE 78 South Africa Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
- TABLE 79 South Africa Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
- TABLE 80 South Africa Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
- TABLE 81 South Africa Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
- TABLE 82 South Africa Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
- TABLE 83 Nigeria Vitamin K2 Market, 2020 - 2023, USD Thousands
- TABLE 84 Nigeria Vitamin K2 Market, 2024 - 2031, USD Thousands
- TABLE 85 Nigeria Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
- TABLE 86 Nigeria Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
- TABLE 87 Nigeria Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
- TABLE 88 Nigeria Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
- TABLE 89 Nigeria Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
- TABLE 90 Nigeria Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
- TABLE 91 Nigeria Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
- TABLE 92 Nigeria Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
- TABLE 93 Rest of LAMEA Vitamin K2 Market, 2020 - 2023, USD Thousands
- TABLE 94 Rest of LAMEA Vitamin K2 Market, 2024 - 2031, USD Thousands
- TABLE 95 Rest of LAMEA Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
- TABLE 96 Rest of LAMEA Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
- TABLE 97 Rest of LAMEA Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
- TABLE 98 Rest of LAMEA Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
- TABLE 99 Rest of LAMEA Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
- TABLE 100 Rest of LAMEA Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
- TABLE 101 Rest of LAMEA Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
- TABLE 102 Rest of LAMEA 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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