Global Vitamins Market 3200000000 TO U.S. $ in 2017, according to a new report by Global Industry Analysts, Inc.
San Jose, California (Nasdaq) 22 November 2011
Follow us on LinkedIn – Vitamins are used in food, feed additives, pharmaceutical and cosmetic industries. Lifestyle is the demand for health beneficial products or nutraceuticals, while increased demand has led to performance enhancers in the food industry to Eubiotics, a branch of the high potential and growing demand for innovation “cosmeceuticals” is driving the growth in the cosmetics industry. In general, the vitamins market is set for sustained growth, driven by the positive outlook in end-use, mainly cosmetic and pharmaceutical products. A decade ago, vitamin production is limited to the West, and something only a few chemicals on the market-based companies. But now a significant amount is produced in China and India. Increased competition has brought a change of product and marketing concepts, paving the way for a stronger customer orientation, the production of value-added products and improved service.
As in the new market research report on vitamins, Europe represents the largest regional market, although the U.S. is the largest market worldwide. Asia and Pacific region will probably be the fastest-growing market with an annual growth rate of 4.0% during the analysis result. Vitamin E represents the largest segment, through extensive use of these vitamins in cosmetics, pharmaceuticals, food processing and end uses. Animal feed additives market represents the largest segment of consumers, while the market of food fortification, which, driven by the GRAS (Generally Recognized As Safe) for vitamins, also on an upswing. The cosmetics industry, though relatively small in percentage terms, is a key end-user with a CAGR of 4.6% during the period of analysis.
a wide range of applications in cosmetics, such as key ingredient in skin care creams, sun protection and anti-aging creams, vitamin E widely for its rich functionality related to used skin. As such, its use in the cosmetic industry is potentially useful, and there are relatively fewer regulatory hurdles for the cosmetics manufacturer in comparison to food manufacturers. In recent years industry has antioxidants significantly, which is grown in part to the increasing use of Vitamin E. Extremely low doses of vitamin E, which is sought by an aging population, to improve heart health. People are increasingly aware of the role of good nutrition in reducing the risk of diseases such as osteoporosis, cancer, heart disease and other infections.
animal feed additives market is influenced by a variety of factors such as fluctuations in the income, population, exports and consumption preferences of the flesh. As the population continues to grow, the demand for food experienced spectacular growth. These, with increased prosperity in the developing countries, the eating habits of the population is connected. The consumption of foods rich in protein, especially meat, raises disposable incomes increase. Consequently, the meat industry and related industries such as feed additives are set to experience a significant growth.
Major players profiled
Select the report include Adisseo France SAS, Aland (Jiangsu) Co. Ltd. Nutraceuticals, Archer Daniels Midland Co., BASF, Cargill Inc., Cognis Corp., among others.
research report titled “Vitamins: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive overview of vitamins, the general dynamics of the market and market trends, product description, competitive situation, recent industry activity , new product introductions / innovations, and profiles of selected major players in the global market / niche. The report provides annual value sales estimates and projections for vitamins market for 2009 to 2017 for the following geographic markets – U.S., Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America and the world. Also offers a child of six years (2003-2008) historical analysis of an additional perspective. The report analyzes the market for vitamins in the following major product segments -. Vitamin A, vitamin D, vitamin E, vitamin B complex, vitamin C and other vitamins
More details about this report, the global market research, please visit – http://www.strategyr.com/Vitamins_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Each year, the GIA more than 1,300 major research reports and market analysis and trend monitoring technique published 40,000 +, while more than 126,000 businesses worldwide. It serves over 9,500 customers in 27 countries, the GIA is recognized today as one of the largest and most respected companies in the world of market research.
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