NEW YORK, Jan. 5, 2022 /PRNewswire/ -- The Vitamin K2 Market value is set to grow by USD 92.34 million, progressing at a CAGR of 8.92% from 2021 to 2026, as per the latest report by Technavio
To know exact growth variance and the Y-O-Y growth rate Request a free sample report.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Anderson Global Group LLC, Kappa Ingredients GmbH, Koninklijke DSM NV, Lesaffre and Cie, MENADIONA SL, Nakoda Chemicals Ltd., Purayati, Seebio Biotech (Shanghai) Co. Ltd., Viridis BioPharma Pvt. Ltd., and Vox Nutrition Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
One of the key factors driving growth in the vitamin K2 market is the increasing demand for vitamin supplements. The number of cases of vitamin deficiency has been steadily growing in recent years. The rising prevalence of vitamin deficiency illnesses is driving the demand for vitamin-containing nutraceuticals. For instance, vitamin K deficiency bleeding (VKDB) is a disorder in which newborns are unable to stop bleeding because their blood lacks enough Vitamin K to form a clot. Healthcare experts and CDC classify VKDB into three categories, namely: early, classical, and late. Early and classical VKDB is more common, affecting 1 in 60 to 1 in 250 newborns, but late VKDB is rare, affecting 1 in 14,000 to 1 in 25,000 children. Factors such as this will propel the market toward positive growth during the forecast period.
Download Free sample Report for insights on the drivers, trends, and challenges that will help companies evaluate and develop growth strategies for 2022-2026.
Vitamin K2 Market 2022-2026: Segmentation
Learn more about the positive and negative consequences on businesses. Download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR71758
Vitamin K2 Market 2022-2026: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our Vitamin K2 Market report covers the following areas:
The strict government regulations on supplement endorsement and testing will be a major challenge for the vitamin K2 market during the forecast period. To satisfy the criteria set by governments, key companies in the vitamin K2 market must follow the laws and regulations established by them. Controlling permits, establishing regulations for new entrants, residual management concerns, and inspecting expiry dates for specific items, such as nutritional supplements, are under the purview of relevant authorities. The FDA is in charge of regulating the production and distribution of functional foods and nutraceuticals in the US. If certain rules regarding ingredients use, dosage and procedure are not followed, the product will either be abandoned or will not be introduced into the market, which, in turn, will restrict the market growth.
Vitamin K2 Market 2022-2026: Vendor Analysis
We provide a detailed analysis of vendors operating in the Vitamin K2 Market. Backed with competitive intelligence and benchmarking, our research reports on the Vitamin K2 Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
Subscribe to our "Lite Plan" billed annually at USD 3000 that enables to download 3 reports/year and view 3 reports/month.
Vitamin K2 Market 2022-2026: Key Highlights
Related Reports:
Vitamin D3 Market by Application and Geography - Forecast and Analysis 2022-2026: The vitamin D3 market share is expected to increase by USD 928.48 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.95%. To get extensive research insights: Download FREE sample report
Vitamin C Supplements Market by Distribution Channel and Geography - Forecast and Analysis 2020-2024: The vitamin C supplements market has the potential to grow by USD 2.52 billion during 2020-2024, and the market's growth momentum will decelerate at a CAGR of 7.29%. To get extensive research insights: Download FREE sample report
Vitamin K2 Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.92% |
Market growth 2022-2026 |
$ 92.34 million |
Market structure |
Fragmented |
YoY growth (%) |
6.09 |
Regional analysis |
North America, Europe, Asia, and ROW |
Performing market contribution |
North America at 38% |
Key consumer countries |
US, Canada, Germany, China, and UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Anderson Global Group LLC, Kappa Ingredients GmbH, Koninklijke DSM NV, Lesaffre and Cie, MENADIONA SL, Nakoda Chemicals Ltd., Purayati, Seebio Biotech (Shanghai) Co. Ltd., Viridis BioPharma Pvt. Ltd., and Vox Nutrition Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Source
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
Share this article