The study provides an in-depth analysis of the global vitamin A market, with current trends and future estimations to elucidate investment pockets.
Vitamin A is also known as retinol, which is a fat-soluble vitamin used for ophthalmic disorders such as cataract, myopia, hypermetropia, presbyopia, night blindness, and retinitis pigmentosa. In addition, vitamin A has several therapeutical applications such as anti-oxidants, strengthens the immune system, reduces the risk of cancer, and helps with bone formation.
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The vitamin A market is experiencing growth due to the expansion and emergence of the food & beverages sector. In addition, factors such as increase in geriatric population, healthcare expenditure, incidence of ophthalmic diseases, and healthcare awareness fuel the growth of the market. However, government regulations related to the approval of pharmaceutical products hinder the market growth. Ongoing R&D activities are anticipated to present new growth opportunities.
The market is segmented on the basis of type, application, end user, and region. By type, the market is divided into feed grade vitamin A, food grade vitamin A, and pharmaceutical grade vitamin A. Based on application, the market is categorized into functional food & beverages, pharmaceuticals, and animal feed. Based on end user, the market is categorized into children, adults, and pregnant women. By region, it has been analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Vitamin A Market Key Segments:
- Feed Grade Vitamin A
- Food Grade Vitamin A
- Pharmaceutical Grade Vitamin A
- Functional Food and Beverages
- Animal Feed
By End User
- Pregnant Women
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