Nutrient Vitamin K2 Market by Product Type (MK-7, MK-4, Others), by Source (Natural, Synthetic), by Form (Oil, Powder, Others), by Application (Nutraceutical & Food, Pharmaceutical), Regional Share, Growth Opportunity, Demand, Supply, Production, Competitive Analysis and Future Trends – Global Forecast till 2023
This Nutrient Vitamin K2 is helpful in the treatment of cardiovascular diseases and bone diseases. vitamin is also used in the production of various nutraceutical, food, pharmaceutical, and other products. Vitamin K2 or menaquinones helps the absorption of calcium in the bone matrix and prevent its deposition in the arteries. Over the past few years, the global vitamin K2 market has been growing continuously, mainly due to the rising demand for health supplements.
Factors such as growing awareness of vitamin K2s and advancements in production techniques are contributing to the growth of the market. The lack of Nutrientional awareness is impeding market growth, especially in emerging regions. Nevertheless, improving regulatory frames that are prompting vitamin companies to fine-tune with the compliances would support the market growth over the review period.
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Major Market Competitive
The high growth potential that the market holds attracts several new entrants, which in turn intensifies the competition in the market these players taking part in the market are incorporating strategic initiatives such as mergers & acquisitions, collaborations, expansion, and product/technology launch.
- Gnosis SpA
- Viridis BioPharma
- Kyowa Hakko Bio Co. Ltd.
- Danisco A/S
- Seebio Biotech
- Kappa Bioscience
- Geneferm Biotechnology Co. Ltd.
- and Others
are some of the noteworthy players in the global vitamin K2 market.
Global Vitamin K2 Market Segmential Analysis:
The global vitamin K2 market is segmented on the basis of product type, source, form, and application. For the Brief scope of the report, the global vitamin K2 Industry segmented in the following manner.
By product type, the market is segmented into MK-4, MK-7, and others. ‘Others’ include MK-5, MK-8, MK-9, and MK-10. Two major sources discussed include nautral and synthetic. Its availability in various supplements combined with the ability of MK-7 to promote bone health can drive segment growth. On the other hand, the MK-4 segment can contribute to the vitamin K2 market thanks to its ability to reduce fractures.
By form, the market is bifurcated into oil and powder.
Major applications include nutraceutical & food and pharmaceutical.
By source, the market is segmented into natural and synthetic. The synthetic segment accounted for a major market share in 2017 due to being produced in abundance by companies. Moreover, its production at low costs and similar bioavailability to its natural counterpart can drive its growth. On the flip side, the natural segment can contribute to the vitamin K2 market sales due to being present in leafy vegetables. It can dominate the market owing to consumer preference and high presence of vitamins compared to its equivalent segment.
Geographic segmentation of the global vitamin K2 market comprises Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).
The Americas region is predicted to assume the top position in the vitamin K2 market thanks to increased focus on health and wellness by consumers, adoption of herbal medicines, and heightened demand from personal care product companies. The Europe region can register the fastest CAGR due to heavy demand for nutraceuticals thanks to preference of naturally derived supplements by consumers in the region. On the other hand, the APAC region can showcase a respectable growth rate due to increased purchasing power of consumer, awareness of food supplements, and demand for healthy products.
Browse the Complete Brief on”Vitamin K2 Market Research Report – Global Forecast till 2023” at: https://www.marketresearchfuture.com/reports/vitamin-k2-market-7495
14 LIST OF TABLES
TABLE 1 MARKET SYNOPSIS
TABLE 2 LIST OF ASSUMPTIONS
TABLE 3 GLOBAL VITAMIN K2 MARKET, BY PRODUCT TYPE, 2015–2023 (USD MILLION)
TABLE 4 GLOBAL VITAMIN K2 MARKET FOR MK-7, BY REGION, 2015–2023 (USD MILLION)
TABLE 5 GLOBAL VITAMIN K2 MARKET FOR MK-4, BY REGION, 2015–2023 (USD MILLION)
TABLE 6 GLOBAL VITAMIN K2 MARKET, BY SOURCE, 2015–2023 (USD MILLION)
TABLE 7 GLOBAL VITAMIN K2 MARKET FOR NATURAL, BY REGION, 2015–2023 (USD MILLION)
TABLE 8 GLOBAL VITAMIN K2 MARKET FOR SYNTHETIC, BY REGION, 2015–2023 (USD MILLION)
TABLE 9 GLOBAL VITAMIN K2 MARKET, BY FORM, 2015–2023 (USD MILLION)
TABLE 10 GLOBAL VITAMIN K2 MARKET FOR POWDER, BY REGION, 2015–2023 (USD MILLION)
TABLE 11 GLOBAL VITAMIN K2 MARKET FOR OIL, BY REGION, 2015–2023 (USD MILLION)
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Latest Industry Advancements/Related News :
In October 2019 —- Kappa Bioscience (Norway), a leading manufacturer vital vitamins K2 & MK-7, announced its plan to unveil the results of an extensive study on vitamin K2 quality at SupplySide West in Las Vegas, NV. The findings of research show an increased use of stability-enhanced K2 MK-7 among manufacturers. On June 21, 2019, the Vitamin K2 supplier had launched a new 1% high-concentrate version of its K2Vital Delta ingredient. The K2Vital Delta line comprises microencapsulated vitamin K2 MK-7.
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