Vitamin K2 Market – by product type (MK-7 and MK-4), by source (natural and synthetic), by form (oil and powder) by applications (pharmaceutical and nutraceutical and food) and by region – Size, growth, market trend Industry, Opportunity and Forecast (2021-2027).
The Vitamin K2 Market report covers an in-depth analysis of market dynamics, business models, segmental/regional analysis, and respective market shares and strategies adopted by major market players operating at scale world. It involves an in-depth analysis of factors influencing the global market and market statistics indicating market share/growth analysis by region and segment. The report study will present one of the most comprehensive analyzes of the market, capturing all aspects of the Vitamin K2 market.
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Vitamin K2 Industry Outlook
The global vitamin k2 market the size is 180.3 million USD in 2020 and should record a 8.3% CAGR during the forecast period (2020-2025). Rising health awareness and lack of vitamin K2 intake from food is expected to increase the demand for vitamin K2 nutritional supplements and fuel the growth of the global market. Growing concern about physical fitness and rising number of cases of bone weakening are the other factors driving the demand for vitamin K2 across the world. Industries are heavily focusing on producing natural vitamin K2 products to increase benefits and reduce side effects due to synthetic vitamin K2.
Vitamin K2 Industry Dynamics
- Due to the increase in vitamin deficiency disorders, the demand for vitamin K2 is increasing which is expected to drive the growth of the global market.
- An increasing number of vitamin k research activities will increase the demand for vitamin K2, accelerating the growth of the vitamin K2 market.
- The high investment cost of installing heavy machinery for vitamin K2 production will create a challenge for new players to enter the global or regional market.
- Rising geriatric and aging population is estimated to create significant demand for vitamin K2, new growth opportunities in the global market.
Impact of COVID-19 on the Vitamin K2 Market
COVID-19 is a global public health disease that has affected almost every industry. The COVID-19 outbreak has increased the demand for nutritional products to minimize the effect of COVID-19 in the body. Additionally, the demand for medical nutrition has increased in the treatment of post-COVID-19 symptoms, such as weakness and fatigue, among others. The demand for nutritional supplements, such as vitamin K2, has shown a considerable increase after the spread of the COVID-19 pandemic across the world. Therefore, the Vitamin K2 market value is expected to have a positive impact in 2020 and subsequent years.
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The report depicts the global vitamin K2 market research based on product type, source, form, and application.
On the basis of product type, the vitamin K2 market has been segmented into –
On the basis of source, the vitamin K2 market has been segmented into –
On the basis of form, the vitamin K2 market has been segmented into –
Based on Application, the Vitamin K2 Market has been segmented into –
- Nutraceutical & Food
Vitamin K2 Market: Regional Outlook
Based on region, the global vitamin K2 market has been segmented into five geographical regions, namely North America, Asia-Pacific, Europe, South America, Middle East and Africa. In 2019, North America held the largest global vitamin K2 market, followed by Asia-Pacific and Europe. Additionally, Asia-Pacific is expected to grow with a high CAGR during the forecast period owing to the growing demand in the pharmaceutical industry.
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Key Competitors in the Vitamin K2 Market include-
The global vitamin K2 market is quite consolidated with the presence of key players across the globe. Key players operating in the global vitamin K2 market are-
- Kappa Biosciences
- Gnosis SpA
- Viridis BioPharma
- Seebio Biotech
- Danisco A.
- Geneferm Biotechnology Co. Ltd
- Kyowa Hakko Bio Co. Ltd.
The Vitamin K2 market report provides an in-depth analysis of macroeconomic factors and market attractiveness of each segment. The report will include an in-depth qualitative and quantitative assessment of industry/regional outlook with market player’s presence in the respective segment and region/country. The information concluded in the report includes inputs from primary interviews with industry experts.
Vitamin K2 Market Report Covers Comprehensive Analysis on:
- Market Segmentation and Regional Analysis
- 10 year market size
- Price analysis
- Supply and demand analysis
- Product life cycle analysis
- Porter’s Five Forces and Value Chain Analysis
- Analysis of developed and emerging economies
- PEST analysis
- Factor analysis of the market and forecasts
- Opportunities, risks and market trends
- Conclusion and recommendation
- Regulatory landscape
- Patent Analysis
- Competition landscape
- More than 15 company profiles
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Regional Analysis of Vitamin K2 Market Includes:
- North America (United States, Canada, Mexico)
- South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, Netherlands, Norway, Sweden, Denmark, Rest of Europe)
- Asia-Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, Philippines, Singapore, Australia and New Zealand, Rest of Asia-Pacific)
- The Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, North Africa, Rest of MEA
Vitamin K2 Market: Target Audience
- Manufacturers and supplier of raw materials
- Pharmaceutical companies
- Nutraceutical and food manufacturers
- Industry Associations
- Trade publications and magazines
- Government authorities, associations and organizations