Vitamin A Market Size

Vitamin A Market Size

Vitamin A Market size crossed USD 540 million in 2022 and is anticipated to witness over 5% CAGR from 2023 to 2032

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The rise in consumer spending on quality skin care products across both developed and developing economies will facilitate the market growth. Also, there is a growing awareness regarding healthcare, skincare, and hair care. Hence consumers are making robust investments in the purchase of high-quality skincare products to gain maximum results. The strong influence of social media on consumers have motivated them to invest in organic beauty products that contain natural ingredients and vitamins. Ongoing developments in the cosmetics and pharmaceutical sectors to formulate organic products will boost the application scope of vitamin A in the upcoming years.

Stringent regulation by government authorities regarding the use of synthetic ingredients in dietary supplements could restrain the market demand. Federal agencies like the U.S. Food and Drug Administration (FDA) prohibits manufacturers from marketing dietary supplements that are unsafe, adulterated or misbranded. The agency has regulated dietary ingredients and finished dietary supplements under a separate set of regulations that covers conventional foods and drug products.