December 06, 2021
According to a research report titled ‘Vitamin A Market Size, By Product (Food-Grade, Feed-Grade, Pharmaceutical-Grade), By Type (Natural, Synthetic), By Application (Dietary, Supplements, Food & Beverages, Animal Feed {Poultry [Layers, Broilers, Turkey], Cattle [Dairy, Beef, Calf], Swine, Aquaculture}, Personal Care & Cosmetics) Industry Analysis Report, Regional Outlook, Application Potential, Covid-19 Impact Analysis, Price Trends, Competitive Market Share & Forecast, 2021 – 2027’, available with MarketStudyReport, global vitamin A market is anticipated to amass massive returns by the end of 2027.
Rising consumer awareness concerning health benefits of the product, flourishing dietary sector, and concerns for livestock health & food safety are the growth driving catalysts for vitamin A market.
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Moreover, vitamin A is essential for maintaining eye health, which has fueled research efforts to learn more about its medicinal applications. This factor, coupled with usage as ingredient for skin care products is impelling the demand for vitamin A.
Based on product ambit, the food grade segment is anticipated to amass USD 166.12 million by the year 2027, with a CAGR of 5.6% during the forecast period.
From the application perspective, the layers poultry animal feed application segment is expected to be worth more than USD 70.56 million by 2027. While the cattle animal feed application is estimated to generate significant revenues for vitamin A market in the forthcoming years, reason being cognizance about importance of supplements in maintaining the cattle health.
Considering the geographical landscape, Latin America market is poised to grow rapidly through 2027, owing to widespread use of the product in a variety of industrial verticals.
Parallelly, vitamin A market in Middle East & Africa is reckoned to develop at an annual rate of 5.2% over the forecast period, reaching a value of USD 18.16 million by the year 2027.
Established industry players profiled in the report are Koninklijke DSM N.V., Kingdomway Nutrition Inc., BASF SE, Farbest Brands, Sigma-Aldrich, Zhejiang Tianhecheng Bio-technology Shares Co. Ltd., Guangzhou ZIO Chemical Co. Ltd., Divi’s Nutraceuticals, Biotics Research Corporation, Nutrilo GmbH, Zhejiang NHU Co. Ltd., National Vitamin Co. Inc., Vitafor N.V., Pharmavite LLC, Adisseo, and Zhejiang Medicine Co. Ltd.