New report published by Global Info Research which offers insights on the global Vitamin D market.
Vitamin D is a group of fat-soluble secosteroids responsible for increasing intestinal absorption of calcium, magnesium, and phosphate, and multiple other biological effects. In humans, the most important compounds in this group are vitamin D3 (also known as cholecalciferol) and vitamin D2 (ergocalciferol).
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Global Vitamin D Market: Forecast by Type / Application / Region
Market Segment by Manufacturers covers: Zhejiang Garden Biochemical High-Tech, Taizhou Hisound Chemical, Kingdomway, Zhejiang NHU Company, Royal DSM, BASF, Zhejiang Medicine and Fermenta etc.
Market Segment by Types covers: Food Grade , Feed Grade and Medical Grade.
Market Segment by Applications can be divided into: Feed, Medical and Food.
Currently, there are some companies in the world can produce vitamin D product, mainly concentrate in China. The main market players are Zhejiang Garden Biochemical High-tech, Taizhou Hisound Pharmaceutical, Kingdomway, NHU, etc. The production of vitamin D decreased from 5608 MT in 2013 to 5471 MT in 2017 with an GAGR of -0.62%.
In consumption market, the Asia Pacific market sales value for vitamin D is expected to reach 47.81 million USD in 2017. China is the major manufacturing and consumption market in the world. China is the largest production base of vitamin D. And the production share of vitamin D is responsible for 84.34% in the world in 2016. At present, in developed countries, the vitamin D industry is generally at a more advanced level. The top three manufacturers are Zhejiang Garden Biochemical High-tech, Zhejiang NHU Company, Kingdomway, respectively with global sales market share of 37.53%, 14.42%and 10.97% in 2017. The USA mainly rely on imports from foreign to buy the vitamin D product. The apparent consumption of USA is 1337 MT in 2017.
Vitamin D can be classified into three types: Food Grade, Feed Grade, Medical Grade Vitamin D. Survey results showed that 79.16% of the vitamin D market is Feed Grade, 13.49% is Food Grade and 7.35% is Medical Grade in 2017. With the development of economy, these industries will need more vitamin D. So, vitamin D has a huge market potential in the future.
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Related Information:
United States Vitamin D Market 2018 Forecast to 2023
Europe Vitamin D Market 2018 Forecast to 2023
North America Vitamin D Market 2018 Forecast to 2023
Asia-Pacific Vitamin D Market 2018 Forecast to 2023
China Vitamin D Market 2018 Forecast to 2023
EMEA Vitamin D Market 2018 Forecast to 2023
Global Vitamin D Market 2018 Forecast to 2023
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