According to the latest study titled ‘Vitamin K2 Market Share, Size, Trends, Industry Analysis Report By Source; By Product; By Application; By Regions, Segments & Forecast, 2020 – 2026’, available with Market Study Report, global vitamin K2 market is anticipated to accrue USD 290.3 million by the year 2026.
 

Prevalence of vitamin deficiency leading to rising rate of infant mortality due to VKDB (vitamin K deficiency bleeding) is primarily driving the growth of global vitamin K2 market. Further, booming geriatric population, increasing cases of osteoporosis causing restrained growth of new tissues, in consort with manufacturer focus towards improving the functionality, taste, texture, and shelf-life of nutrient-supplements and consumables are augmenting the market growth.
 

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Based on source, global vitamin K2 industry is bifurcated into natural, and synthetic, wherein the former segment accounted for higher market share in the recent past. Strict mandates regarding drug testing are encouraging pharmaceutical companies to focus on production methods, hence impelling the natural segment share.
 

Moving on to application scope, the industry space is segmented into nutraceuticals & food, pharmaceuticals, and others. As per the report, worldwide vitamin K2 market share from nutraceuticals & food applications is slated to grow significantly over 2020-2026, on account of improved health cognizance of individuals, evolving lifestyle, and surging disposable income.
 

From regional frame of reference, North America lead the global vitamin K2 market forecast in 2019, followed by Europe. While Asia Pacific industry size is slated to expand considerably through 2026, owing to upsurge in function food consumption across India, China, and Australia. Also, Middle East & Africa region is poised to contribute towards the overall market valuation in the ensuing years, attributable to health campaigns deployed by the government bodies.
 

Major players influencing global vitamin K2 market trends are Kyowa Hakko Bio Co. Ltd., Frutarom Industries Ltd., Viridis BioPharma Pvt. Ltd., Seebio Biotech (Shanghai) Co. Ltd., NattoPharma ASA, Gnosis S.p.A., Koninklijke DSM N.V., DuPont Nutrition & Health, and Kappa Bioscience.