Vitamin A Market Size & Share 2023 to 2032
Market Size by Product (Food Grade, Feed Grade, Pharmaceutical Grade), by Type (Natural, Synthetic), by Application (Dietary Supplements, Food & Beverages, Animal Feed {Poultry, Cattle, Swine, Aquaculture}, Personal Care & Cosmetics).Download Free PDF
Report Content
Chapter 1 Methodology & Scope
1.1 Market Definitions
1.2 Base estimates & calculations
1.3 Forecast calculations
1.4 Data Sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid Sources
1.4.2.2 Public Sources
Chapter 2 Executive Summary
2.1 Vitamin A industry 3600 synopsis, 2018-2032
2.1.1 Business trends
2.1.2 Product trends
2.1.3 Type trends
2.1.4 Application trends
2.1.5 Regional trends
Chapter 3 Vitamin A Industry Insights
3.1 Industry segmentation
3.2 COVID-19 overview of the world economy
3.3 Industry ecosystem analysis
3.3.1 Profit margin trends
3.3.2 Distribution channel analysis
3.3.2.1 Collaboration/Partnerships
3.3.2.2 Distributors
3.3.2.3 Service Providers
3.3.3 Vendor matrix
3.3.4 Impact of COVID-19 on the industry value chain
3.4 Regulatory Landscape
3.4.1.1 U.S.
3.4.1.1.1 Revision of the Nutrition and Supplement Facts Labels, May 2016
3.4.1.2 Europe
3.4.1.2.1 EU regulation 1169/2011 (EU 2011):
3.4.1.2.2 Regulation (EC) No 1924/2006 (EC 2006):
3.4.1.3 China
3.4.1.3.1 GB 28050—2011, Standard for nutrition labelling of prepackaged foods:
3.5 Technology Landscape
3.6 Raw material trends COVID-19 impact on supply
3.7 Industry best practices & key buying criteria
3.8 Pricing Analysis, by region
3.8.1 North America
3.8.2 Europe
3.8.3 Asia Pacific
3.8.4 Latin America
3.8.5 Middle East and Africa
3.8.6 Cost structure analysis
3.9 Industry impact forces
3.9.1 Growth drivers
3.9.1.1 North America: Rising consumer spending on skin care products
3.9.1.2 Europe: Rising concerns for livestock health & food safety
3.9.1.3 Asia Pacific: Growth in dietary supplement industry
3.9.2 Industry pitfalls & challenges
3.9.2.1 Stringent regulations
3.10 Innovation & Sustainability
3.11 Growth potential analysis, 2022
3.11.1 Emerging business model
3.11.1.1 Acquisitions and Divesting
3.11.1.2 Capacity Expansion
3.11.1.3 Patents
3.12 Porter’s analysis
3.12.1 Bargaining power of suppliers
3.12.2 Bargaining power of buyers
3.12.3 Threat of new entrants
3.12.4 Threat of substitutes
3.13 PESTEL analysis
3.14 COVID-19 impact on vitamin A market, by application
3.14.1 Dietary supplements
3.14.2 Food & beverages
3.14.3 Animal feed
3.14.4 Personal care & cosmetics
3.15 Global retinyl palmitate industry overview
Chapter 4 Competitive Landscape, 2021
4.1 Introduction
4.1.1 Company market share analysis, 2021
4.2 Competitive analysis of major market players
4.3 Vendor adoption matrix
4.4 Strategic outlook matrix
Chapter 5 Vitamin A Market, By Product
5.1 Key product trends
5.2 Food Grade
5.2.1 Global food grade vitamin A market estimates and forecasts, 2018-2032, (Tons) (USD Million)
5.2.2 Global food grade vitamin A market estimates and forecasts, by region, 2018-2032, (Tons) (USD Million)
5.3 Feed Grade
5.3.1 Global feed grade vitamin A market estimates and forecasts, 2018-2032, (Tons) (USD Million)
5.3.2 Global feed grade vitamin A market estimates and forecasts, by region, 2018-2032, (Tons) (USD Million)
5.4 Pharmaceutical Grade
5.4.1 Global pharmaceutical grade vitamin A market estimates and forecasts, 2018-2032, (Tons) (USD Million)
5.4.2 Global pharmaceutical grade vitamin A market estimates and forecasts, by region, 2018-2032, (Tons) (USD Million)
Chapter 6 Vitamin A Market, By Type
6.1 Key type trends
6.2 Natural
6.2.1 Global natural vitamin A market estimates and forecasts, 2018-2032, (Tons) (USD Million)
6.2.2 Global natural vitamin A market estimates and forecasts, by region, 2018-2032, (Tons) (USD Million)
6.3 Synthetic
6.3.1 Global synthetic vitamin A market estimates and forecasts, 2018-2032, (Tons) (USD Million)
6.3.2 Global synthetic vitamin A market estimates and forecasts, by region, 2018-2032, (Tons) (USD Million)
Chapter 7 Vitamin A Market, By Application
7.1 Key application trends
7.2 Food & beverage
7.2.1 Global vitamin A market estimates and forecasts from food & beverage application, 2018-2032, (Tons) (USD Million)
7.2.2 Global vitamin A market estimates and forecasts from food & beverage application, by region, 2018-2032, (Tons) (USD Million)
7.3 Dietary Supplements
7.3.1 Global vitamin A market estimates and forecasts from dietary supplements application, 2018-2032, (Tons) (USD Million)
7.3.2 Global vitamin A market estimates and forecasts from dietary supplements application, by region, 2018-2032, (Tons) (USD Million)
7.4 Animal Feed
7.4.1 Global vitamin A market estimates and forecasts from animal feed application, 2018-2032, (Tons) (USD Million)
7.4.2 Global vitamin A market estimates and forecasts from animal feed application, by region, 2018-2032, (Tons) (USD Million)
7.4.3 Poultry
7.4.3.1 Global vitamin A market estimates and forecasts from poultry animal feed application, 2018-2032, (Tons) (USD Million)
7.4.3.2 Global vitamin A market estimates and forecasts from poultry animal feed application, by region, 2018-2032, (Tons) (USD Million)
7.4.3.3 Layers
7.4.3.3.1 Global vitamin A market estimates and forecasts from layer poultry animal feed application, 2018-2032, (Tons) (USD Million)
7.4.3.3.2 Global vitamin A market estimates and forecasts from layer poultry animal feed application, by region, 2018-2032, (Tons) (USD Million)
7.4.3.4 Broilers
7.4.3.4.1 Global vitamin A market estimates and forecasts from broiler poultry animal feed application, 2018-2032, (Tons) (USD Million)
7.4.3.4.2 Global vitamin A market estimates and forecasts from broiler poultry animal feed application, by region, 2018-2032, (Tons) (USD Million)
7.4.3.5 Turkey
7.4.3.5.1 Global vitamin A market estimates and forecasts from turkey poultry animal feed application, 2018-2032, (Tons) (USD Million)
7.4.3.5.2 Global vitamin A market estimates and forecasts from turkey poultry animal feed application, by region, 2018-2032, (Tons) (USD Million)
7.4.4 Cattle
7.4.4.1 Global vitamin A market estimates and forecasts from cattle animal feed application, 2018-2032, (Tons) (USD Million)
7.4.4.2 Global vitamin A market estimates and forecasts from cattle animal feed application, by region, 2018-2032, (Tons) (USD Million)
7.4.5 Dairy
7.4.5.1 Global vitamin A market estimates and forecasts from dairy cattle animal feed application, 2018-2032, (Tons) (USD Million)
7.4.5.2 Global vitamin A market estimates and forecasts from dairy cattle animal feed application, by region, 2018-2032, (Tons) (USD Million)
7.4.6 Beef
7.4.6.1 Global vitamin A market estimates and forecasts from beef cattle animal feed application, 2018-2032, (Tons) (USD Million)
7.4.6.2 Global vitamin A market estimates and forecasts from beef cattle animal feed application, by region, 2018-2032, (Tons) (USD Million)
7.4.7 Calf
7.4.7.1 Global vitamin A market estimates and forecasts from calf cattle animal feed application, 2018-2032, (Tons) (USD Million)
7.4.7.2 Global vitamin A market estimates and forecasts from calf cattle animal feed application, by region, 2018-2032, (Tons) (USD Million)
7.4.8 Swine
7.4.8.1 Global vitamin A market estimates and forecasts from swine animal feed application, 2018-2032, (Tons) (USD Million)
7.4.8.2 Global vitamin A market estimates and forecasts from swine animal feed application, by region, 2018-2032, (Tons) (USD Million)
7.4.9 Aquaculture
7.4.9.1 Global vitamin A market estimates and forecasts from aquaculture animal feed application, 2018-2032, (Tons) (USD Million)
7.4.9.2 Global vitamin A market estimates and forecasts from aquaculture animal feed application, by region, 2018-2032, (Tons) (USD Million)
7.5 Personal Care & Cosmetics
7.5.1 Global vitamin A market estimates and forecasts from personal care & cosmetics application, 2018-2032, (Tons) (USD Million)
7.5.2 Global vitamin A market estimates and forecasts from personal care & cosmetics application, by region, 2018-2032, (Tons) (USD Million)
Chapter 8 Vitamin A Market, By Region
8.1 Key regional trends
8.2 North America
8.2.1 North America vitamin A market estimates and forecast, 2018-2032, (Tons) (USD Million)
8.2.2 North America vitamin A market estimates and forecast, by product, 2018-2032, (Tons) (USD Million)
8.2.3 North America vitamin A market estimates and forecast, by type, 2018-2032, (Tons) (USD Million)
8.2.4 North America vitamin A market estimates and forecast, by application, 2018-2032, (Tons) (USD Million)
8.2.5 U.S.
8.2.5.1 U.S. vitamin A market estimates and forecast, 2018-2032, (Tons) (USD Million)
8.2.5.2 U.S. vitamin A market estimates and forecast, by product, 2018-2032, (Tons) (USD Million)
8.2.5.3 U.S. vitamin A market estimates and forecast, by type, 2018-2032, (Tons) (USD Million)
8.2.5.4 U.S. vitamin A market estimates and forecast, by application, 2018-2032, (Tons) (USD Million)
8.2.6 Canada
8.2.6.1 Canada vitamin A market estimates and forecast, 2018-2032, (Tons) (USD Million)
8.2.6.2 Canada vitamin A market estimates and forecast, by product, 2018-2032, (Tons) (USD Million)
8.2.6.3 Canada vitamin A market estimates and forecast, by type, 2018-2032, (Tons) (USD Million)
8.2.6.4 Canada vitamin A market estimates and forecast, by application, 2018-2032, (Tons) (USD Million)
8.2.7 Mexico
8.2.7.1 Mexico vitamin A market estimates and forecast, 2018-2032, (Tons) (USD Million)
8.2.7.2 Mexico vitamin A market estimates and forecast, by product, 2018-2032, (Tons) (USD Million)
8.2.7.3 Mexico vitamin A market estimates and forecast, by type, 2018-2032, (Tons) (USD Million)
8.2.7.4 Mexico vitamin A market estimates and forecast, by application, 2018-2032, (Tons) (USD Million)
8.3 Europe
8.3.1 Europe vitamin A market estimates and forecast, 2018-2032, (Tons) (USD Million)
8.3.2 Europe vitamin A market estimates and forecast, by product, 2018-2032, (Tons) (USD Million)
8.3.3 Europe vitamin A market estimates and forecast, by type, 2018-2032, (Tons) (USD Million)
8.3.4 Europe vitamin A market estimates and forecast, by application, 2018-2032, (Tons) (USD Million)
8.3.5 Germany
8.3.5.1 Germany vitamin A market estimates and forecast, 2018-2032, (Tons) (USD Million)
8.3.5.2 Germany vitamin A market estimates and forecast, by product, 2018-2032, (Tons) (USD Million)
8.3.5.3 Germany vitamin A market estimates and forecast, by type, 2018-2032, (Tons) (USD Million)
8.3.5.4 Germany vitamin A market estimates and forecast, by application, 2018-2032, (Tons) (USD Million)
8.3.6 UK
8.3.6.1 UK vitamin A market estimates and forecast, 2018-2032, (Tons) (USD Million)
8.3.6.2 UK vitamin A market estimates and forecast, by product, 2018-2032, (Tons) (USD Million)
8.3.6.3 UK vitamin A market estimates and forecast, by type, 2018-2032, (Tons) (USD Million)
8.3.6.4 UK vitamin A market estimates and forecast, by application, 2018-2032, (Tons) (USD Million)
8.3.7 France
8.3.7.1 France vitamin A market estimates and forecast, 2018-2032, (Tons) (USD Million)
8.3.7.2 France vitamin A market estimates and forecast, by product, 2018-2032, (Tons) (USD Million)
8.3.7.3 France vitamin A market estimates and forecast, by type, 2018-2032, (Tons) (USD Million)
8.3.7.4 France vitamin A market estimates and forecast, by application, 2018-2032, (Tons) (USD Million)
8.3.8 Italy
8.3.8.1 Italy vitamin A market estimates and forecast, 2018-2032, (Tons) (USD Million)
8.3.8.2 Italy vitamin A market estimates and forecast, by product, 2018-2032, (Tons) (USD Million)
8.3.8.3 Italy vitamin A market estimates and forecast, by type, 2018-2032, (Tons) (USD Million)
8.3.8.4 Italy vitamin A market estimates and forecast, by application, 2018-2032, (Tons) (USD Million)
8.4 Asia Pacific
8.4.1 Asia Pacific vitamin A market estimates and forecast, 2018-2032, (Tons) (USD Million)
8.4.2 Asia Pacific vitamin A market estimates and forecast, by product, 2018-2032, (Tons) (USD Million)
8.4.3 Asia Pacific vitamin A market estimates and forecast, by type, 2018-2032, (Tons) (USD Million)
8.4.4 Asia Pacific vitamin A market estimates and forecast, by application, 2018-2032, (Tons) (USD Million)
8.4.5 China
8.4.5.1 China vitamin A market estimates and forecast, 2018-2032, (Tons) (USD Million)
8.4.5.2 China vitamin A market estimates and forecast, by product, 2018-2032, (Tons) (USD Million)
8.4.5.3 China vitamin A market estimates and forecast, by type, 2018-2032, (Tons) (USD Million)
8.4.5.4 China vitamin A market estimates and forecast, by application, 2018-2032, (Tons) (USD Million)
8.4.6 Japan
8.4.6.1 Japan vitamin A market estimates and forecast, 2018-2032, (Tons) (USD Million)
8.4.6.2 Japan vitamin A market estimates and forecast, by product, 2018-2032, (Tons) (USD Million)
8.4.6.3 Japan vitamin A market estimates and forecast, by type, 2018-2032, (Tons) (USD Million)
8.4.6.4 Japan vitamin A market estimates and forecast, by application, 2018-2032, (Tons) (USD Million)
8.4.7 India
8.4.7.1 India vitamin A market estimates and forecast, 2018-2032, (Tons) (USD Million)
8.4.7.2 India vitamin A market estimates and forecast, by product, 2018-2032, (Tons) (USD Million)
8.4.7.3 India vitamin A market estimates and forecast, by type, 2018-2032, (Tons) (USD Million)
8.4.7.4 India vitamin A market estimates and forecast, by application, 2018-2032, (Tons) (USD Million)
8.4.8 South Korea
8.4.8.1 South Korea vitamin A market estimates and forecast, 2018-2032, (Tons) (USD Million)
8.4.8.2 South Korea vitamin A market estimates and forecast, by product, 2018-2032, (Tons) (USD Million)
8.4.8.3 South Korea vitamin A market estimates and forecast, by type, 2018-2032, (Tons) (USD Million)
8.4.8.4 South Korea vitamin A market estimates and forecast, by application, 2018-2032, (Tons) (USD Million)
8.4.9 Thailand
8.4.9.1 Thailand vitamin A market estimates and forecast, 2018-2032, (Tons) (USD Million)
8.4.9.2 Thailand vitamin A market estimates and forecast, by product, 2018-2032, (Tons) (USD Million)
8.4.9.3 Thailand vitamin A market estimates and forecast, by type, 2018-2032, (Tons) (USD Million)
8.4.9.4 Thailand vitamin A market estimates and forecast, by application, 2018-2032, (Tons) (USD Million)
8.4.10 Malaysia
8.4.10.1 Malaysia vitamin A market estimates and forecast, 2018-2032, (Tons) (USD Million)
8.4.10.2 Malaysia vitamin A market estimates and forecast, by product, 2018-2032, (Tons) (USD Million)
8.4.10.3 Malaysia vitamin A market estimates and forecast, by type, 2018-2032, (Tons) (USD Million)
8.4.10.4 Malaysia vitamin A market estimates and forecast, by application, 2018-2032, (Tons) (USD Million)
8.4.11 Australia
8.4.11.1 Australia vitamin A market estimates and forecast, 2018-2032, (Tons) (USD Million)
8.4.11.2 Australia vitamin A market estimates and forecast, by product, 2018-2032, (Tons) (USD Million)
8.4.11.3 Australia vitamin A market estimates and forecast, by type, 2018-2032, (Tons) (USD Million)
8.4.11.4 Australia vitamin A market estimates and forecast, by application, 2018-2032, (Tons) (USD Million)
8.5 Latin America
8.5.1 Latin America vitamin A market estimates and forecast, 2018-2032, (Tons) (USD Million)
8.5.2 Latin America vitamin A market estimates and forecast, by product, 2018-2032, (Tons) (USD Million)
8.5.3 Latin America vitamin A market estimates and forecast, by type, 2018-2032, (Tons) (USD Million)
8.5.4 Latin America vitamin A market estimates and forecast, by application, 2018-2032, (Tons) (USD Million)
8.5.5 Brazil
8.5.5.1 Brazil vitamin A market estimates and forecast, 2018-2032, (Tons) (USD Million)
8.5.5.2 Brazil vitamin A market estimates and forecast, by product, 2018-2032, (Tons) (USD Million)
8.5.5.3 Brazil vitamin A market estimates and forecast, by type, 2018-2032, (Tons) (USD Million)
8.5.5.4 Brazil vitamin A market estimates and forecast, by application, 2018-2032, (Tons) (USD Million)
8.6 Middle East & Africa
8.6.1 Middle East & Africa vitamin A market estimates and forecast, 2018-2032, (Tons) (USD Million)
8.6.2 Middle East & Africa vitamin A market estimates and forecast, by product, 2018-2032, (Tons) (USD Million)
8.6.3 Middle East & Africa vitamin A market estimates and forecast, by type, 2018-2032, (Tons) (USD Million)
8.6.4 Middle East & Africa vitamin A market estimates and forecast, by application, 2018-2032, (Tons) (USD Million)
8.6.5 Saudi Arabia
8.6.5.1 Saudi Arabia vitamin A market estimates and forecast, 2018-2032, (Tons) (USD Million)
8.6.5.2 Saudi Arabia vitamin A market estimates and forecast, by product, 2018-2032, (Tons) (USD Million)
8.6.5.3 Saudi Arabia vitamin A market estimates and forecast, by type, 2018-2032, (Tons) (USD Million)
8.6.5.4 Saudi Arabia vitamin A market estimates and forecast, by application, 2018-2032, (Tons) (USD Million)
8.6.6 UAE
8.6.6.1 UAE vitamin A market estimates and forecast, 2018-2032, (Tons) (USD Million)
8.6.6.2 UAE vitamin A market estimates and forecast, by product, 2018-2032, (Tons) (USD Million)
8.6.6.3 UAE vitamin A market estimates and forecast, by type, 2018-2032, (Tons) (USD Million)
8.6.6.4 UAE vitamin A market estimates and forecast, by application, 2018-2032, (Tons) (USD Million)
8.6.7 South Africa
8.6.7.1 South Africa vitamin A market estimates and forecast, 2018-2032, (Tons) (USD Million)
8.6.7.2 South Africa vitamin A market estimates and forecast, by product, 2018-2032, (Tons) (USD Million)
8.6.7.3 South Africa vitamin A market estimates and forecast, by type, 2018-2032, (Tons) (USD Million)
8.6.7.4 South Africa vitamin A market estimates and forecast, by application, 2018-2032, (Tons) (USD Million)
Chapter 9 Company Profiles
9.1 Koninklijke DSM N.V.
9.1.1 Business Overview
9.1.2 Financial Data
9.1.3 Product Landscape
9.1.4 Strategic Outlook
9.1.5 SWOT Analysis
9.2 BASF SE
9.2.1 Business Overview
9.2.2 Financial Data
9.2.3 Product Landscape
9.2.4 Strategic Outlook
9.2.5 SWOT Analysis
9.3 Kingdomway Nutrition, Inc.
9.3.1 Business Overview
9.3.2 Financial Data
9.3.3 Product Landscape
9.3.4 Strategic Outlook
9.3.5 SWOT Analysis
9.4 Zhejiang Medicine Co., Ltd.
9.4.1 Business Overview
9.4.2 Financial Data
9.4.3 Product Landscape
9.4.4 SWOT Analysis
9.5 Adisseo
9.5.1 Business Overview
9.5.2 Financial Data
9.5.3 Product Landscape
9.5.4 Strategic Outlook
9.5.5 SWOT Analysis
9.6 Pharmavite LLC
9.6.1 Business Overview
9.6.2 Financial Data
9.6.3 Product Landscape
9.6.4 SWOT Analysis
9.7 Vitafor NV
9.7.1 Business Overview
9.7.2 Financial Data
9.7.3 Product Landscape
9.7.4 SWOT Analysis
9.8 National Vitamin Company
9.8.1 Business Overview
9.8.2 Financial Data
9.8.3 Product Landscape
9.8.4 SWOT Analysis
9.9 Zhejiang NHU Co., Ltd.
9.9.1 Business Overview
9.9.2 Financial Data
9.9.3 Product Landscape
9.9.4 Strategic Outlook
9.9.5 SWOT Analysis
9.10 Nutrilo GmbH
9.10.1 Business Overview
9.10.2 Financial Data
9.10.3 Product Landscape
9.10.4 SWOT Analysis
9.11 Biotics Research Corporation
9.11.1 Business Overview
9.11.2 Financial Data
9.11.3 Product Landscape
9.11.4 SWOT Analysis
9.12 Divi's Nutraceuticals
9.12.1 Business Overview
9.12.2 Financial Data
9.12.3 Product Landscape
9.12.4 SWOT Analysis
9.13 Guangzhou ZIO Chemical Co., Ltd
9.13.1 Business Overview
9.13.2 Financial Data
9.13.3 Product Landscape
9.13.4 SWOT Analysis
9.14 Zhejiang Tianhecheng Bio-technology Shares Co., Ltd.
9.14.1 Business Overview
9.14.2 Financial Data
9.14.3 Product Landscape
9.14.4 SWOT Analysis
9.15 Sigma Aldrich
9.15.1 Business Overview
9.15.2 Financial Data
9.15.3 Product Landscape
9.15.4 SWOT Analysis
9.16 Farbest Brands
9.16.1 Business Overview
9.16.2 Financial Data
9.16.3 Product Landscape
9.16.4 SWOT Analysis
For inquiries regarding discounts, bulk purchases, or customization requests, please contact us at [email protected]
Base Year: 2022
Companies covered: 16
Tables & Figures: 403
Countries covered: 18
Pages: 378
Download Free PDF
Base Year: 2022
Companies covered: 16
Tables & Figures: 403
Countries covered: 18
Pages: 378
Download Free PDF
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Kiran Pulidindi. 2023, April. Vitamin A Market Size By Product (Food Grade, Feed Grade, Pharmaceutical Grade), By Type (Natural, Synthetic), By Application (Dietary Supplements, Food & Beverages, Animal Feed {Poultry, Cattle, Swine, Aquaculture}, Personal Care & Cosmetics), 2023 - 2032 (Report ID: GMI1765). Global Market Insights Inc. Retrieved April 6, 2026, from https://www.gminsights.com/toc/details/vitamin-a-market

Vitamin A Market
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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.
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.
Vitamin A Market Analysis
Feed grade vitamin A market dominate the revenue share in 2022. All animals require vitamin A in their food. Vitamin A can be obtained in the food as a vitamin or as its precursor carotenoids, which are found in plants. The majority of vitamin A in animal feed comes from synthetic sources that are cost-effective to produce. Vitamin A acetate is commonly used in feed-grade vitamin A because it is more stable, however oily vitamin A acetate is frequently converted into dry powder. Vitamin A is especially vital for preventing growth problems, and its epithelial protection role is particularly crucial in older animals. As a result, the demand for vitamin A in the feed industry has increased. Additionally, key players such as BASF SE, Adisseo, and DSM are increasingly investing in the development of new vitamin-based products and expanding their presence into emerging markets.
The natural vitamin A market is expected to expand at faster CAGR between 2023 and 2032. Natural sources of vitamin A, also referred to as provitamin A, can be found in plant-based items including fruits and vegetables. The most common type of pro-vitamin A is beta-carotene, which is found in sweet potatoes, spinach, cabbage, swiss chard, parsley, and carrots.
The market for natural vitamin A is estimated will gain remarkable momentum during the forecast timeline, as more individuals understand its health benefits. The need for fortified foods and supplements should drive product penetration. Various governments are launching new campaigns to raise consumer awareness regarding fortified foods, which will accelerate the natural vitamin A market revenue.
The vitamin A market share from dietary supplements segment is predicted to exceed USD 175 million by 2032. Vitamin A is an important micronutrient for humans, which means it cannot be manufactured by the body and must be received through food. Dietary supplements (DSs) are increasingly popular around the world, and sales of DSs have risen dramatically in the aftermath of the coronavirus illness 2019 (COVID-19) in most nations. According to a survey by MDPI, the worldwide dietary supplement industry was valued at over USD 101.38 billion in 2018 and was set to quadruple that amount in 2020 (around USD 220.3 billion).
Asia Pacific vitamin A market is slated to rise substantially during the forecasted period. The region has been using fortification techniques for many years to lower the incidence of vitamin A deficiency. Sugar was selected as the main carrier for vitamin A fortification. The COVID-19 pandemic has made consumers in the region more sensitive toward their health. Apart from this, factors such as increasing population base and increasing consciousness towards health should fuel the consumption of dietary supplements that are fortified with vitamin A in the region.
Vitamin A Market Share
Some of the leading companies operating in the vitamin A market include :
Companies are expanding their production capacity to meet rising consumer demand.
For instance, in September 2018, BASF SE expanded its vitamin A plant at the Ludwigshafen manufacturing site. The new production building helped the company increase its vitamin A production and fulfill the growing demand.
Impact of the COVID-19 pandemic
The COVID-19 pandemic had a positive impact on the vitamin A market. Concerns regarding lower immunity against the virus motivated people to consume dietary supplements and immunity boosters that were fortified with numerous vitamins and minerals. This created pressure on dietary supplement manufacturers to increase their production capacity to meet emerging demand. High consumer spending on supplements and high-quality cosmetic products in the post-COVID era could drive robust demand for vitamin A in the coming years.
This vitamin A market research report includes in-depth coverage of the industry with estimates & forecasts in terms of volume in Tons and revenue in USD Million from 2018 to 2032 for the following segments:
Market, By Product
Market, By Type
Market, By Application
The above information has been provided for the following regions and countries: