Subtitle: The Vitamin Deficiency Treatment Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Vitamin Deficiency Treatment Market: Drivers and Challenges
Undernourishment in the underdeveloped countries is the major driver of growth of global vitamin deficiency treatment market. High incidence of anemia, paraesthesia and other hypovitaminosis are the other major factors contributing to hike in global vitamin deficiency treatment market. Vitamin supplements are also used as an adjunct therapy in many disorders including alopecia, depression, ulcers etc., high prevalence of which can propel the growth of global vitamin deficiency treatment market. Unavailability of treatment opportunities in the underdeveloped countries can be the factor which can hamper growth of global vitamin deficiency treatment market.
The global vitamin deficiency treatment market is highly fragmented with large number of local as well as strong players. The market for OTC multivitamin therapies is highly valued owing to the most frequent and easy mode of therapy to treat vitamin deficiency. Low government regulations, affordability of raw materials, rising health awareness are the factors responsible to drive the growth of global vitamin deficiency treatment market over the forecast period from 2016-2026.
Vitamin Deficiency Treatment Market: Regional Overview
Geographically, the global vitamin deficiency treatment market is segmented into five key regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America will continue to hold largest share in the global vitamin deficiency treatment market due to increasing health consciousness. APAC and MEA are expected to experience rapid growth during the forecast period due to emergence of new small players providing cost-effective therapies. Increasing per capita GDP in several countries like Africa, Brazil may translate into high growth rate for the vitamin deficiency treatment market in the region.
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Vitamin Deficiency Treatment Market: Key Players
Some of the major players in the global vitamin deficiency treatment market include Merck & Co., Inc., Nature’s Bounty, Inc., Sun Pharmaceutical Industries Ltd., Pfizer, Sandoz, Cipla Inc., Mankind Pharma, F. Hoffmann-La Roche Ltd. and many more. Herbal vitamin therapy manufacturers include Himalaya Herbal Healthcare, Dabur International Limited, DF Pharmacy Limited, Pharmavite LLC and others.
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