Market by Category, Formation, Usage, Consumer, and Country Outlook | Forecast 2023-2030
Triton’s report insinuates that the vitamin D market in the Middle East and Africa is projected to observe a CAGR of 7.12% during the forecasting years 2023-2030.
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The
countries reviewed in the region comprise:
•
United Arab Emirates
•
Saudi Arabia
•
Turkey
•
South Africa
•
Rest of Middle East & Africa
In
the region, the high occurrence of vitamin D deficiency and other medical
conditions like obesity, stroke, etc., are expected to fuel the demand for
vitamin D supplements. The rapid boom in the end-user industry, like pet food,
animal feed, and F&B, is another factor anticipated to elevate the demand
for vitamin D ingredients. Hence, as mentioned above, these factors are
creating novel opportunities for the vitamin D market in the Middle East and
Africa region.
Our estimates indicate South Africa
dominates the vitamin D market in the region. The food and beverage sector has
witnessed considerable growth over the past few years. The fortification of
margarine with vitamin D is common in the country. Moreover, the demand for
vitamin D products increased during winter due to limited sunlight exposure.
Hence, the rising consumer inclination towards fortified foods to fulfill
vitamin D requirements drives the overall market on a growth path.
The
fortification of food products has also gained momentum in the UAE, including
in milk, and other dairy products. The high demand for functional food and
beverages has increased the integration of vitamin D ingredients. Aligning with
these factors, there is also a high demand for organic food products that have
soared the adoption of vitamin D-induced items. Therefore, the expansion of the
F&B industry and consumer inclination towards fortified products is
expected to generate opportunities for the vitamin D market.
Lifestyle
diseases like vitamin D deficiency are estimated to be higher among adults.
This has boosted the adoption of fortified foods to boost vitamin levels. In
this regard, foods like cheese and yogurt are fortified as they are good
sources of vitamin D. The market is
broadly segmented into consumer, usage, formation, and category. The
consumer section includes adults, pregnant women, and children.
The key companies thriving in the
market comprise Adisseo, Dishman Carbogen Amcis Ltd, Synthesia a.s, Vitablend,
and Newgen Pharma.
Adisseo is among the leading companies in animal nutrition,
with over 3900 customers globally. Its offers products and services for
palatability, feed preservation, essential nutrients, and mycotoxin management.
The company’s product line includes Microvit D3 Promix 500 to enhance animal
nutrition. Adisseo serves clients across multiple regions, including the Middle
East and Africa.
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 Middle East and Africa
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 Middle East and Africa 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. MIDDLE
EAST AND AFRICA 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. MIDDLE
EAST AND AFRICA VITAMIN D MARKET – BY CATEGORY
3.1.VITAMIN
D3
3.2.VITAMIN
D2
4. MIDDLE
EAST AND AFRICA VITAMIN D MARKET – BY FORMATION
4.1.DRY
4.2.LIQUID
5. MIDDLE
EAST AND AFRICA 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. MIDDLE
EAST AND AFRICA VITAMIN D MARKET – BY CONSUMER
6.1.ADULTS
6.2.PREGNANT
WOMEN
6.3.CHILDREN
7. MIDDLE
EAST AND AFRICA VITAMIN D MARKET – BY COUNTRY OUTLOOK
7.1.COUNTRY
ANALYSIS
7.1.1.UNITED
ARAB EMIRATES
7.1.1.1.UNITED
ARAB EMIRATES VITAMIN D MARKET FORECAST & PROSPECTS
7.1.2.TURKEY
7.1.2.1.TURKEY
VITAMIN D MARKET FORECAST & PROSPECTS
7.1.3.SAUDI
ARABIA
7.1.3.1.SAUDI
ARABIA VITAMIN D MARKET FORECAST & PROSPECTS
7.1.4.SOUTH
AFRICA
7.1.4.1.SOUTH
AFRICA VITAMIN D MARKET FORECAST & PROSPECTS
7.1.5.REST
OF MIDDLE EAST & AFRICA
7.1.5.1.REST
OF MIDDLE EAST & AFRICA 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: MIDDLE EAST
AND AFRICA 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: MIDDLE EAST
AND AFRICA VITAMIN D MARKET, BY CATEGORY, 2023-2030 (IN $ MILLION)
TABLE 7: MIDDLE EAST
AND AFRICA VITAMIN D MARKET, BY FORMATION, 2023-2030 (IN $ MILLION)
TABLE 8: MIDDLE EAST
AND AFRICA VITAMIN D MARKET, BY USAGE, 2023-2030 (IN $ MILLION)
TABLE 9: MIDDLE EAST
AND AFRICA VITAMIN D MARKET, BY CONSUMER, 2023-2030 (IN $ MILLION)
TABLE 10: MIDDLE EAST
AND AFRICA VITAMIN D MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
FIGURE 1: INDUSTRY
COMPONENTS
FIGURE 2: KEY BUYING
IMPACT ANALYSIS
FIGURE 3: MIDDLE EAST
AND AFRICA VITAMIN D MARKET, BY CATEGORY, 2022 & 2030 (IN %)
FIGURE 4: MIDDLE EAST
AND AFRICA VITAMIN D MARKET, BY VITAMIN D3, 2023-2030 (IN $ MILLION)
FIGURE 5: MIDDLE EAST
AND AFRICA VITAMIN D MARKET, BY VITAMIN D2, 2023-2030 (IN $ MILLION)
FIGURE 6: MIDDLE EAST
AND AFRICA VITAMIN D MARKET, BY FORMATION, 2022 & 2030 (IN %)
FIGURE 7: MIDDLE EAST
AND AFRICA VITAMIN D MARKET, BY DRY, 2023-2030 (IN $ MILLION)
FIGURE 8: MIDDLE EAST
AND AFRICA VITAMIN D MARKET, BY LIQUID, 2023-2030 (IN $ MILLION)
FIGURE 9: MIDDLE EAST
AND AFRICA VITAMIN D MARKET, BY USAGE, 2022 & 2030 (IN %)
FIGURE 10: MIDDLE EAST
AND AFRICA VITAMIN D MARKET, BY PHARMACEUTICALS, 2023-2030 (IN $ MILLION)
FIGURE 11: MIDDLE EAST
AND AFRICA VITAMIN D MARKET, BY ANIMAL FEED AND PET FOOD, 2023-2030 (IN $
MILLION)
FIGURE 12: MIDDLE EAST
AND AFRICA VITAMIN D MARKET, BY FUNCTIONAL FOOD AND BEVERAGES 2023-2030 (IN $
MILLION)
FIGURE 13: MIDDLE EAST
AND AFRICA VITAMIN D MARKET, BY PERSONAL CARE, 2023-2030 (IN $ MILLION)
FIGURE 14: MIDDLE EAST
AND AFRICA VITAMIN D MARKET, BY CONSUMER, 2022 & 2030 (IN %)
FIGURE 15: MIDDLE EAST
AND AFRICA VITAMIN D MARKET, BY ADULTS, 2023-2030 (IN $ MILLION)
FIGURE 16: MIDDLE EAST
AND AFRICA VITAMIN D MARKET, BY PREGNANT WOMEN, 2023-2030 (IN $ MILLION)
FIGURE 17: MIDDLE EAST
AND AFRICA VITAMIN D MARKET, BY CHILDREN, 2023-2030 (IN $ MILLION)
FIGURE 18: MIDDLE EAST
AND AFRICA VITAMIN D MARKET, BY COUNTRY OUTLOOK, 2022 & 2030 (IN %)
FIGURE 19: UNITED ARAB
EMIRATES VITAMIN D MARKET 2023-2030 (IN $ MILLION)
FIGURE 20: TURKEY
VITAMIN D MARKET 2023-2030 (IN $ MILLION)
FIGURE 21: SAUDI ARABIA
VITAMIN D MARKET 2023-2030 (IN $ MILLION)
FIGURE 22: SOUTH AFRICA
VITAMIN D MARKET 2023-2030 (IN $ MILLION)
FIGURE 23: REST OF
MIDDLE EAST & AFRICA VITAMIN D MARKET 2023-2030 (IN $ MILLION)