Market by Category, Formation, Usage, Consumer, and Country Outlook | Forecast 2023-2030
According to Triton’s report, the Asia-Pacific vitamin D market is expected to register revenue growth with a CAGR of 7.71% during the forecasted period 2023-2030.
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The
countries examined in the studied region include:
•
China
•
India
•
Japan
•
South Korea
•
Australia & New Zealand
•
ASEAN Countries
•
Rest of Asia-Pacific
The
region’s growth is promoted by the rising aging population. As per UNFPA, the
population of people over 60 years is expected to triple by 2050. This rise in
age is associated with a high risk of musculoskeletal conditions, leading to a great
demand for vitamin D supplements. Besides this, there is an increasing demand
for functional food products and nutricosmetics, which further amplifies the
demand for these supplements.
China holds the highest share value
in the region’s market.
Rapid urbanization and changing lifestyles have led to a rise in vitamin D
deficiency, which has elevated the demand for supplements. Further, the high
prevalence of osteoarthritis among the growing elderly population contributes
to the studied market’s expansion.
Other
than this, the Chinese market is witnessing growth mainly owing to the
administration of vitamin D ingredients in moisturizers, oils, creams, and
other skincare products. Hence, the rising disposable income and growing
skincare industry drive the overall market’s scope.
Similar
to China, the rising awareness about nutricosmetics has increased the adoption
of emulsion-based vitamin D skincare products in Japan. The proliferating
geriatric population also fuels the demand for vitamin D-based solutions,
thereby boosting the reviewed market on a growth path.
Vitamin
D3 is widely used in skincare products to prevent aging signs. Moreover, it
also helps improve bone health. It is manufactured in dry forms for animal
feeds, premixed, and dietary supplements. The high demand for dietary
supplements largely boosts the demand for vitamin D3. The market’s growth is assessed in terms of category, usage, consumer,
and formation. The category section includes vitamins D3 and D2.
The well-known companies in the
market consist of Koninklijke DSM NV, BASF SE, Fermenta Biotech Limited,
Zhejiang Garden Biochemical High-Tech Co Ltd, and LycoRed Ltd.
Zhejiang
Garden Biochemical High-Tech Co Ltd is involved in pharmaceutical
manufacturing. It also focuses on research, production, and sale of vitamin D3,
cholesterol products, etc. The company offers products via different business
verticals, including lanolin, cholesterol, vitamin D3, and 25 hydroxyvitamin
D3. Its product line also includes vitamin D3 500, a feed-grade animal
nutrition product. Zhejiang serves clients across various sectors and is
headquartered in China.
Key
deliverables of the report:
· Market CAGR during the forecasting
years 2023-2030
· Detailed data highlighting key
insights, industry components, and market strategies
· Comprehensive information and
estimation of the vitamin D market revenue growth in the Asia-Pacific and its
influence on the parent market
· In-depth study of forthcoming trends
in consumer behavioral patterns
· A meticulous analysis of the
competitive landscape, vendor scorecard, and Porter’s Five Forces
· A wide-ranging study of factors that
will challenge the APAC vitamin D market’s growth during the upcoming years
Want
to get specific insights? Our team of analysts can customize this report based
on your preferences. Connect with us here.
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VIEW REPORT1. ASIA-PACIFIC
VITAMIN D MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1.IMPACT
ANALYSIS ON THE VITAMIN D MARKET
2.1.1.COVID-19
IMPACT ON THE VITAMIN D MARKET
2.1.2.UKRAINE-RUSSIA
WAR IMPACT ON THE VITAMIN D MARKET
2.2.PORTER’S
FIVE FORCES ANALYSIS
2.2.1.THREAT
OF NEW ENTRANTS
2.2.2.THREAT
OF SUBSTITUTES
2.2.3.BARGAINING
POWER OF BUYERS
2.2.4.BARGAINING
POWER OF SUPPLIERS
2.2.5.THREAT
OF COMPETITIVE RIVALRY
2.3.INDUSTRY
COMPONENTS
2.3.1.ACQUIRING
RAW MATERIAL
2.3.2.PRODUCT
MANUFACTURING
2.3.3.DISTRIBUTION
AND SALES
2.4.REGULATORY
FRAMEWORK
2.5.KEY
BUYING IMPACT ANALYSIS
2.5.1.PRICE
2.5.2.PRODUCT
LABEL
2.5.3.USE
2.6.KEY
MARKET STRATEGIES
2.6.1.COLLABORATIONS
2.6.2.PRODUCT
LAUNCHES
2.6.3.MERGERS
& ACQUISITIONS
2.7.MARKET
DRIVERS
2.7.1.GROWING
USE OF DIETARY SUPPLEMENTS
2.7.2.MULTIPLE
APPLICATIONS OF VITAMIN D IN VARIOUS INDUSTRIES
2.7.3.INCREASING
POPULARITY OF FORTIFIED FOOD PRODUCTS
2.7.4.RISING
OCCURRENCE OF VITAMIN D DEFICIENCY
2.8.MARKET
CHALLENGES
2.8.1.STRICT
REGULATIONS ON FORTIFICATION OF FOOD
2.8.2.RISKS
RELATED TO EXCESSIVE INTAKE OF VITAMIN D
2.8.3.UNAVAILABILITY
OF RAW MATERIALS AND HIGH COST
2.9.MARKET
OPPORTUNITIES
2.9.1.GROWING
POPULARITY OF VITAMIN FORMULATIONS AND NUTRICOSMETICS
2.9.2.RISING
CASES OF BONE AND JOINT HEALTH ISSUES
2.9.3.NUMEROUS
APPLICATIONS OF VITAMIN D IN THE PHARMACEUTICAL INDUSTRY
2.9.4.FORTIFICATION
AND MICROENCAPSULATION OF VITAMIN D
2.9.5.RISING
DEMAND FOR FEED AND PET FOOD
2.9.6.GOVERNMENT
INITIATIVES TO ENCOURAGE THE INTAKE OF VITAMIN D
2.10.ANALYST
PERSPECTIVE
3. ASIA-PACIFIC
VITAMIN D MARKET – BY CATEGORY
3.1.VITAMIN
D3
3.2.VITAMIN
D2
4. ASIA-PACIFIC
VITAMIN D MARKET – BY FORMATION
4.1.DRY
4.2.LIQUID
5. ASIA-PACIFIC
VITAMIN D MARKET – BY USAGE
5.1.PHARMACEUTICALS
5.2.ANIMAL
FEED AND PET FOOD
5.3.FUNCTIONAL
FOOD AND BEVERAGES
5.4.PERSONAL
CARE
6. ASIA-PACIFIC
VITAMIN D MARKET – BY CONSUMER
6.1.ADULTS
6.2.PREGNANT
WOMEN
6.3.CHILDREN
7. ASIA-PACIFIC
VITAMIN D MARKET – BY COUNTRY OUTLOOK
7.1.COUNTRY
ANALYSIS
7.1.1.CHINA
7.1.1.1.CHINA
VITAMIN D MARKET FORECAST & PROSPECTS
7.1.2.JAPAN
7.1.2.1.JAPAN
VITAMIN D MARKET FORECAST & PROSPECTS
7.1.3.INDIA
7.1.3.1.INDIA
VITAMIN D MARKET FORECAST & PROSPECTS
7.1.4.SOUTH
KOREA
7.1.4.1.SOUTH
KOREA VITAMIN D MARKET FORECAST & PROSPECTS
7.1.5.ASEAN
COUNTRIES
7.1.5.1.ASEAN
COUNTRIES VITAMIN D MARKET FORECAST & PROSPECTS
7.1.6.AUSTRALIA
& NEW ZEALAND
7.1.6.1.AUSTRALIA
& NEW ZEALAND VITAMIN D MARKET FORECAST & PROSPECTS
7.1.7.REST
OF ASIA-PACIFIC
7.1.7.1.REST
OF ASIA-PACIFIC VITAMIN D MARKET FORECAST & PROSPECTS
8. COMPETITIVE
LANDSCAPE
8.1.BASF
SE
8.1.1.OVERVIEW
8.1.2.PRODUCT
PORTFOLIO
8.1.3.KEY
STRENGTH
8.1.4.KEY
CHALLENGE
8.2.FERMENTA
BIOTECH LIMITED
8.2.1.OVERVIEW
8.2.2.PRODUCT
PORTFOLIO
8.2.3.KEY
STRENGTHS
8.2.4.KEY
CHALLENGE
8.3.KONINKLIJKE
DSM NV
8.3.1.OVERVIEW
8.3.2.PRODUCT
PORTFOLIO
8.3.3.KEY
STRENGTHS
8.3.4.KEY
CHALLENGE
8.4.ZHEJIANG
GARDEN BIOCHEMICAL HIGH-TECH CO LTD
8.4.1.OVERVIEW
8.4.2.PRODUCT
PORTFOLIO
8.4.3.KEY
STRENGTH
8.4.4.KEY
CHALLENGE
8.5.DISHMAN
CARBOGEN AMCIS LTD
8.5.1.OVERVIEW
8.5.2.PRODUCT
PORTFOLIO
8.5.3.KEY
STRENGTH
8.5.4.KEY
CHALLENGE
8.6.SYNTHESIA
A.S
8.6.1.OVERVIEW
8.6.2.PRODUCT
PORTFOLIO
8.7.VITABLEND
8.7.1.OVERVIEW
8.7.2.PRODUCT
PORTFOLIO
8.8.NEWGEN
PHARMA
8.8.1.OVERVIEW
8.8.2.PRODUCT
PORTFOLIO
8.9.LYCORED
LTD
8.9.1.OVERVIEW
8.9.2.PRODUCT
PORTFOLIO
8.10.ADISSEO
8.10.1.OVERVIEW
8.10.2.PRODUCT
PORTFOLIO
9. RESEARCH
METHODOLOGY & SCOPE
9.1.RESEARCH
SCOPE & DELIVERABLES
9.1.1.OBJECTIVES
OF STUDY
9.1.2.SCOPE
OF STUDY
9.2.SOURCES
OF DATA
9.2.1.PRIMARY
DATA SOURCES
9.2.2.SECONDARY
DATA SOURCES
9.3.RESEARCH
METHODOLOGY
9.3.1.EVALUATION
OF THE PROPOSED MARKET
9.3.2.IDENTIFICATION
OF DATA SOURCES
9.3.3.ASSESSMENT
OF MARKET DETERMINANTS
9.3.4.DATA
COLLECTION
9.3.5.DATA
VALIDATION & ANALYSIS
TABLE 1: ASIA-PACIFIC
VITAMIN D MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
TABLE 2: REGULATORY
FRAMEWORK
TABLE 3: LIST OF
COLLABORATIONS
TABLE 4: LIST OF
PRODUCT LAUNCHES
TABLE 5: LIST OF
MERGERS & ACQUISITIONS
TABLE 6: ASIA-PACIFIC
VITAMIN D MARKET, BY CATEGORY, 2023-2030 (IN $ MILLION)
TABLE 7: ASIA-PACIFIC
VITAMIN D MARKET, BY FORMATION, 2023-2030 (IN $ MILLION)
TABLE 8: ASIA-PACIFIC
VITAMIN D MARKET, BY USAGE, 2023-2030 (IN $ MILLION)
TABLE 9: ASIA-PACIFIC
VITAMIN D MARKET, BY CONSUMER, 2023-2030 (IN $ MILLION)
TABLE 10: ASIA-PACIFIC
VITAMIN D MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
FIGURE 1: INDUSTRY
COMPONENTS
FIGURE 2: KEY BUYING
IMPACT ANALYSIS
FIGURE 3: ASIA-PACIFIC
VITAMIN D MARKET, BY CATEGORY, 2022 & 2030 (IN %)
FIGURE 4: ASIA-PACIFIC
VITAMIN D MARKET, BY VITAMIN D3, 2023-2030 (IN $ MILLION)
FIGURE 5: ASIA-PACIFIC
VITAMIN D MARKET, BY VITAMIN D2, 2023-2030 (IN $ MILLION)
FIGURE 6: ASIA-PACIFIC
VITAMIN D MARKET, BY FORMATION, 2022 & 2030 (IN %)
FIGURE 7: ASIA-PACIFIC
VITAMIN D MARKET, BY DRY, 2023-2030 (IN $ MILLION)
FIGURE 8: ASIA-PACIFIC
VITAMIN D MARKET, BY LIQUID, 2023-2030 (IN $ MILLION)
FIGURE 9: ASIA-PACIFIC
VITAMIN D MARKET, BY USAGE, 2022 & 2030 (IN %)
FIGURE 10: ASIA-PACIFIC
VITAMIN D MARKET, BY PHARMACEUTICALS, 2023-2030 (IN $ MILLION)
FIGURE 11: ASIA-PACIFIC
VITAMIN D MARKET, BY ANIMAL FEED AND PET FOOD, 2023-2030 (IN $ MILLION)
FIGURE 12: ASIA-PACIFIC
VITAMIN D MARKET, BY FUNCTIONAL FOOD AND BEVERAGES, 2023-2030 (IN $ MILLION)
FIGURE 13: ASIA-PACIFIC
VITAMIN D MARKET, BY PERSONAL CARE, 2023-2030 (IN $ MILLION)
FIGURE 14: ASIA-PACIFIC
VITAMIN D MARKET, BY CONSUMER, 2022 & 2030 (IN %)
FIGURE 15: ASIA-PACIFIC
VITAMIN D MARKET, BY ADULTS, 2023-2030 (IN $ MILLION)
FIGURE 16: ASIA-PACIFIC
VITAMIN D MARKET, BY PREGNANT WOMEN, 2023-2030 (IN $ MILLION)
FIGURE 17: ASIA-PACIFIC
VITAMIN D MARKET, BY CHILDREN, 2023-2030 (IN $ MILLION)
FIGURE 18: ASIA-PACIFIC
VITAMIN D MARKET, BY COUNTRY OUTLOOK, 2022 & 2030 (IN %)
FIGURE 19: CHINA
VITAMIN D MARKET 2023-2030 (IN $ MILLION)
FIGURE 20: JAPAN
VITAMIN D MARKET 2023-2030 (IN $ MILLION)
FIGURE 21: INDIA
VITAMIN D MARKET 2023-2030 (IN $ MILLION)
FIGURE 22: SOUTH KOREA VITAMIN
D MARKET 2023-2030 (IN $ MILLION)
FIGURE 23: ASEAN
COUNTRIES VITAMIN D MARKET 2023-2030 (IN $ MILLION)
FIGURE 24: AUSTRALIA
& NEW ZEALAND VITAMIN D MARKET 2023-2030 (IN $ MILLION)
FIGURE 25: REST OF
ASIA-PACIFIC VITAMIN D MARKET 2023-2030 (IN $ MILLION)