A market study ”Global Vitamin Consumption Market” examines the performance of the Global Vitamin Consumption Market 2019. It encloses an in-depth Research of the Vitamin Consumption Market state and the competitive landscape globally. This report analyzes the potential of Vitamin Consumption Market in the present and the future prospects from various angles in detail.
Global Vitamin Consumption Market Overview:
The Global Vitamin Consumption Market to reach $6.8 Billion by 2025. The Global Vitamin Consumption Market valued approximately $5.4 Billion in 2016 is anticipated to grow with a healthy growth rate of more than 2.54% over the forecast period 2018-2025.
As per the market report analysis, the Vitamin Consumption Market is continuously growing in the global scenario at significant pace. Vitamins are organic chemical compound which are found in tiny amounts in natural foodstuffs, these vitamins are needed and/or required by an organism as a vital nutrient to sustain life because they play an important role in normal metabolism process, growth and vitality.
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Increasing awareness among people about lifestyle diseases and preventive healthcare, growing demand from food & beverage industries and growth healthcare supplements industry are the substantial driving factors of the market across the globe. Moreover, growing demand from developing regions and rising geriatric population are the factors which likely to create lucrative opportunities in the market over the upcoming years.
Vitamin Consumption offers various benefits such as it can improve immune system, it strengthens the bones, and it improves the vision and so on. These benefits are resulting in increasing demand of vitamin consumption across the world. However, health concerns and the availability of counterfeit products are the factors that limiting the market growth of vitamin consumption during the forecast period.
The Global Vitamin Consumption Market is segmented on the basis of Type, Application and Region. On the basis of Type, the Global Vitamin Consumption Market is classified into Vitamin A, Vitamin B3, Vitamin B5, Vitamin D3, Vitamin E, Vitamin C and others. On the basis of Application, the Global Vitamin Consumption Market is sub-segmented into Feed Additives, Pharmaceuticals & Cosmetics, Food & Beverages and others.
In terms of the geographic analysis, Asia-Pacific is the significant region across the world in terms of market share due to rising urbanization and growing requirements of vitamin supplements in the region. Further, Europe is estimated to grow at stable rate in the global Web Conferencing Software market over the upcoming years. North America is also anticipated to exhibit higher growth rate over the forecast period 2018-2025 owing to increasing consumption of vitamin among people in the region.
Current Business News:
Lonza (September 10, 2019) – Citryll and Lonza Enter Into Partnership to Manufacture NETosis Inhibiting Antibody CIT-013 –
Quote from Helmuth van Es, CEO, Citryll:
“With our initial funding secured we’re confident going into the next phase of the development of CIT-013. Having access to Lonza’s expertise in manufacturing and regulatory pathways will help us move to the clinic as efficiently as possible, bringing new therapeutic options to those suffering from illnesses where NETs induce the pathology including autoimmune diseases such as lupus.”
Quote from Karen Fallen, Head of Mammalian and Microbial Development and Manufacturing, Lonza:
“Citryll is at an exciting time in their development program and we will be supporting them to help ensure they are fully prepared for a first in human clinical trial of their new therapy. Early-stage companies are an important part of our business and we have the tools and technologies to help de-risk their candidate. Ensuring solutions for the lifecycle of their product together with business models in sync with their funding all contribute to reducing the risks for growing companies.”
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Top Leading Key in Players Global Vitamin Consumption Market: DSM, Lonza, CSPC Pharmaceutical Group, BASF, Zhejiang Medicine, Shandong Luwei Pharmaceutical, Northeast Pharmaceutical, North China Pharmaceutical, NHU, Jubilant Life Sciences and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.
With the presence of a large pool of participants, the Global Vitamin Consumption Market is displaying a highly competitive business landscape, finds a new research report by Business Industry Reports (BIR). DSM, Lonza, CSPC Pharmaceutical Group, BASF, Zhejiang Medicine, Shandong Luwei Pharmaceutical, Northeast Pharmaceutical, North China Pharmaceutical, NHU, Jubilant Life Sciences are some of the key vendors of Vitamin Consumption across the world. These players across Vitamin Consumption Market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products.
Region segment: Vitamin Consumption Market report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Vitamin Consumption in these regions, from 2013 to 2025 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America
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Major Points in Table of Contents:
Global Vitamin Consumption Market Report 2019
1 Executive Summary
2 Vitamin Consumption Market Definition and Scope
3 Vitamin Consumption Market Dynamics
4 Vitamin Consumption Market Industry Analysis
5 Vitamin Consumption Market, by Type
6 Vitamin Consumption Market, by Application
7 Vitamin Consumption Market, by Regional Analysis
8 Competitive Intelligence
9 Research Process
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