PUBLISHER: The Business Research Company | PRODUCT CODE: 1662420
PUBLISHER: The Business Research Company | PRODUCT CODE: 1662420
Vitamin ingredients are essential substances that the human body requires for proper development and functioning. These ingredients are derived from various sources, including vegetables, milk, meat, and others.
The primary sources of vitamin ingredients are natural and synthetic. Natural vitamin ingredients are either produced within the human body through the process of digestion or obtained directly from natural components found in the environment. These natural vitamin ingredients play a crucial role in resisting conditions such as cancer, diabetes, heart disease, and premature mortality. Vitamins A, B, C, D, E, and K represent different types of vitamins, available in solid, liquid, and powder forms. These vitamin ingredients find applications in various industries, including pharmaceuticals, food and beverages, personal care products, animal feed, and other diverse applications.
The vitamin ingredients market research report is one of a series of new reports from The Business Research Company that provides vitamin ingredients market statistics, including vitamin ingredients industry global market size, regional shares, competitors with a vitamin ingredients market share, detailed vitamin ingredients market segments, market trends and opportunities, and any further data you may need to thrive in the vitamin ingredients industry. This vitamin ingredients market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry
The vitamin ingredients market size has grown strongly in recent years. It will grow from $5.27 billion in 2024 to $5.58 billion in 2025 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to increasing health awareness, aging population, diverse dietary preferences, rise in chronic health conditions, fitness and wellness culture, consumer demand for natural ingredients, fortification of food and beverages, globalization of dietary, growth in nutraceuticals industry, clinical research and health studies.
The vitamin ingredients market size is expected to see strong growth in the next few years. It will grow to $7.07 billion in 2029 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to emergence of personalized supplements, growing vegan and plant-based diets, nutrigenomics and nutrigenetics, elderly nutrition solutions, expansion of functional foods market, government initiatives for public health, integration of vitamins in functional beverages. Major trends in the forecast period include vitamin d supplementation, customized vitamin blends, clean label and natural sourcing, innovations in delivery formats, digital health and personalized nutrition apps, sustainable sourcing practices.
The rising prevalence of chronic medical diseases is projected to drive the growth of the vitamin ingredients market in the coming years. Chronic diseases are defined as illnesses that persist for a year or more and necessitate ongoing medical care. Vitamin ingredients are essential for maintaining an adequate nutritional balance to combat chronic diseases. Additionally, they are utilized to alleviate chronic inflammation caused by non-communicable diseases (NCDs), such as diabetes and obesity. Consequently, the demand for vitamin ingredients is expected to increase in response to the growing incidence of chronic medical conditions. For example, in September 2023, the World Health Organization (WHO), a Switzerland-based international public health organization, reported that 41 million people worldwide die each year due to chronic diseases. Among these, 17 million individuals succumb to chronic diseases before reaching the age of 70, with 77% of chronic deaths occurring in low- and middle-income countries. Therefore, the rising incidence of chronic medical diseases will drive the expansion of the vitamin ingredients market.
The increasing prevalence of vitamin deficiency is anticipated to drive the growth of the vitamin ingredients market in the future. Vitamin deficiency occurs when the body lacks sufficient amounts of a specific vitamin, resulting in various health issues. Vitamin ingredients are used in multiple forms, such as dietary supplements, fortified foods, and pharmaceuticals, to tackle these deficiencies and ensure proper vitamin intake. For example, in March 2024, the Centers for Disease Control and Prevention (CDC), a U.S.-based national public health agency, reported that approximately 190 million preschool-age children worldwide are affected by vitamin A deficiency, and micronutrient deficiencies can lead to severe consequences. At least half of all children under the age of 5 globally suffer from vitamin and mineral deficiencies. Furthermore, iron deficiency impacts 40% of children younger than 5 and 30% of pregnant women worldwide. Therefore, the rising prevalence of vitamin deficiency is fueling the growth of the vitamin ingredients market.
Product innovation is a significant trend gaining traction in the vitamin ingredient market. Leading companies in the sector are launching innovative products, including 100% natural active vitamin ingredients for various applications, to maintain their competitive edge. For instance, in February 2023, Givaudan, a Switzerland-based multinational manufacturer of flavors, fragrances, and active cosmetic ingredients, unveiled RetiLife, a molecule designed for anti-aging that represents a groundbreaking advancement in the cosmetic industry. This new active ingredient is the first 100% naturally sourced retinol (vitamin A). With its composition comprising entirely natural-origin content, including sunflower oil as a carrier, RetiLife(TM) avoids synthetic ingredients like BHT/BHA or polysorbate. Retinol is widely recognized in skincare applications for its effective anti-wrinkle properties. After years of research and development, RetiLife(TM) emerges as the most innovative and sustainable retinol on the cosmetic market, paving the way for new cosmetic applications. It is a game-changer in the beauty industry, addressing consumer demand for cleaner beauty products.
Major companies within the vitamin ingredient market are strategically unveiling innovative supplement ranges, integrating exclusive blends of vitamin ingredients to secure a competitive advantage. These supplements, designed with proprietary blends of vitamin ingredients, encompass a distinct combination of components tailored for specific health benefits. For instance, in August 2023, Nutritional Research Company, a leading US-based provider of vitamins and supplements, introduced a supplement range featuring vitamins C and D3. This product line incorporates Absorbable C and Absorbable D3, each comprising a proprietary blend of natural fruit extracts, including acerola cherry, amla powder, camu-camu powder, and rosehip powder. Vitamin C, found in Absorbable C, is renowned for supporting skin, bone, and cartilage health, combating cellular oxidative damage, and preventing scurvy. On the other hand, the liposomal form of vitamin D3 in Absorbable D3 enhances absorption efficiency by resembling cell structures, thereby aiding in diabetes risk reduction among adults with prediabetes by 15%. With the growing consumer inclination towards vitamin D for its immunity-related benefits, calcifediol, the active vitamin D3 form, stands as a significant influencer in optimizing absorption.
In June 2022, Kensing Solutions LLC, a notable US-based specialty chemicals manufacturer, completed the acquisition of Vitae Naturals for an undisclosed sum. This strategic move is anticipated to complement Kensing's existing product portfolio and bolster its European presence, thereby accelerating its growth trajectory. Vitae Naturals, based in Spain, specializes in the production of naturally sourced Vitamin E, aligning with Kensing's strategic vision for expansion and diversification within the vitamin ingredients market.
Major companies operating in the vitamin ingredients market are Archer Daniels Midland Company, BASF SE, Bluestar Adisseo Company, Koninklijke DSM NV, Lonza Group AG, Nestle SA, Amway Corporation, AIE Pharmaceuticals Inc., Bactolac Pharmaceutical Inc., Atlantic Essential Products Inc., Farbest-Tallman Foods Corporation, Pfizer Inc., Aland (Jiangsu) Nutraceutical Co. Ltd., Btsa Biotecnologias Aplicadas SL, The Wright Group Inc., Bluebonnet Nutrition Corporation, Abbott Laboratories, Glanbia PLC, Rabar Pty Ltd, DuPont de Nemours Inc., Zhejiang Pharmaceutical Co. Ltd., Zhejiang Xinhecheng Co. Ltd., Nengte Technology Co. Ltd., Alfa Aesar GmbH, Algatechnologies Ltd., Alkemists Labs, Alltech Inc., American Laboratories Inc., Anhui Tiger Biotech Co. Ltd., Aroma NZ Ltd.
North America was the largest region in the vitamin ingredients market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vitamin ingredients market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the vitamin ingredients market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The vitamin ingredients market consists of sales of biotin, thiamin, pantothenic acid, riboflavin, and niacin among others. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Vitamin Ingredients Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on vitamin ingredients market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for vitamin ingredients ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The vitamin ingredients market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.