According to the current analysis of Reports and Data, the global Vitamin A Supplements Market was USD 769.7 Million in 2020 and is projected to grow at a CAGR of 5.1% from 2019 to 2028. It is a fat-soluble retinoid and available in two forms, namely performed (retinol and its esterified form, retinyl ester) and pro-Vitamin A Supplements (carotenoids). It aids in growth development, boosting immune system, maintaining good vision, and promoting various hormones growth. The global consumption of Vitamin A Supplements is projected to grow at substantial rate owing to progressive outlook in the personal care products, animal feed industry, food beverage industry, and pharmaceuticals.
According to Canadian Dermatology Association about 80-90% of the adolescent population undergo acne problem, and over 50% continues even in adulthood, which has led to high consumer adoption towards acne treatments, thereby stimulating Vitamin A Supplements demand. These products provide retinol form sebum and reduces dry skin and oil generation, thus treating acne. Retinol and antioxidants nourish the skin from the inside and make skin healthy. It also plays a major role against fighting Age-Related Macular Degeneration (AMD) (blurred vision), glaucoma, and cataracts risk and it also preserves vision among the geriatric population. According to the National Eye Institute (NEI), AMD is one of the leading causes of vision loss in the U.S., affecting more than 1.75 million people. Moreover, due to the increased geriatric population, blurred vision is likely to grow, affecting around 30 lakh people by the year 2020. Meanwhile, the International Agency for the Prevention of Blindness (IAPB) projected that by 2020, 19.6 crore people might suffer from blurred vision worldwide; this figure can rise to 28.8 crore by 2040 which is showing lucrative opportunities for Vitamin A Supplements industry players to manufacture pharmaceutical grade and food grade products. However, government regulations related to the approval of Vitamin A Supplements products as pharmaceutical products hinder the Vitamin A Supplements market.
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Key findings from the reports suggest
- Vitamin A Supplements has broad application in cosmetics and personal care products which is driving in a positive way. The cosmetics segment is growing at a CAGR of 5.0%. Increasing awareness regarding wellbeing and personal hygiene, along with increasing anti-aging skincare products demand is anticipated to favor industry growth.
- According to a paper published by the Journal of The European Academy of Dermatology and Venereology, more than 85% of girls and 95% of boys are affected by skin acne during their adolescence. Out of these nearly 40-45% experience, moderate�to�severe acne, and almost 50% continue to have acne in their adulthood. The high prevalence rate of acne, particularly among the young population, is expected to boost the Vitamin A Supplements growth.
- According to a report published by Deinovea French biotechnology company, in 2014 progression for carotenoids for face care (anti-aging) and skincare (whitening agents, sunscreen, etc.) should show good growth (3.2%) between 2014 and 2020, notably due to the expansion of the personal care products in Asia and Latin America.
- Synthetically sourced Vitamin A Supplements products are expected to witness significant gains over the forecasted period, the market value of synthetic vitamins in 2020 was 209.8 Million
Key Players covered in this report are
BASF SE, Pfizer, Inc., Zhejiang Medicine Co. Ltd, Adisseo, Archer Daniels Midland Company, E.I. du Pont de Nemours and Company, Integrated Biopharma, Inc.., Bayer AG, Pharmavite LLC, and Nutraceutical Corporation, and Herbalife International, Inc.
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Application (Volume, Metric Tons; 2018-2028 Revenue, USD Million; 2018-2028)
- Pro Animal Feed
- Food and Beverages
- Baby Food
- fortified food
- Dairy
- Bakery Confectionery
- Beverages
- Others
- Beverages
- Pharmaceutical
- Human Nutrition
- Cosmetics
Distribution Channel (Volume, Metric Tons; 2018-2028, Revenue, USD Million; 2018-2028)
- Online
- Offline
Geographic Segment Covered in the Report:
The Vitamin A Supplements report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.
- North America (USA and Canada)
- Europe (UK, Germany, France and the rest of Europe)
- Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
- Latin America (Brazil, Mexico, and the rest of Latin America)
- Middle East and Africa (GCC and rest of the Middle East and Africa)
Major Points covered in this report are as below:
• The Vitamin A Supplements industry development trends and marketing channels are analyzed. The feasibility of new investment projects are assessed and overall research conclusions offered.
• With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
• Development policies and plans, manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins.
• The Vitamin A Supplements Market report provides key statistics on the market status of the Vitamin A Supplements manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa
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