Vitamins Market worth $8.9 billion by 2028 - Exclusive Report by MarketsandMarkets™
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Wednesday, March 29, 2023
Fortification, ADM, Food, DSM (company), Obesity, Lonza Group, Diet, Koninklijk, Cosmetics, Diabetes, Glanbia, Health, Vitamin, Dry, Absorption, USD, Pregnancy, James Wright Group, Vitamin D, Personal care, Functional food, Growth, Vitamin C, Cholecalciferol, BASF, Micronutrient, Feed, Infant, Malnutrition, Food court, Region, Antioxidant, Dietary supplement, Pharma, Health care, Mineral
CHICAGO, March 29, 2023 /PRNewswire/ -- The vitamins market is estimated at USD 6.7 billion in 2023 and is projected to reach USD 8.9 billion in 2028, at a CAGR of 6.0% from 2023 to 2028 according to a report published by MarketsandMarkets™.
Key Points:
- CHICAGO, March 29, 2023 /PRNewswire/ -- The vitamins market is estimated at USD 6.7 billion in 2023 and is projected to reach USD 8.9 billion in 2028, at a CAGR of 6.0% from 2023 to 2028 according to a report published by MarketsandMarkets™.
- Factors contributing to the rising demand for vitamins in the market are changing food habits, hectic lifestyles, more consumption of nutrition, less fast foods, etc.
- Healthcare product manufacturers are increasingly manufacturing products with vitamins, which boost the growth of vitamins in the healthcare application.
- Synthetic vitamins are stable and can be used in all sorts of applications, so the demand is increasing in the vitamins market.