Vitamin D Ingredients Is Fastest Growing Segment Fueling The Growth of Vitamin D Ingredients Market
The global Vitamin D Ingredients Market is estimated to be valued at US$ 3.23 Bn in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Vitamin D plays an important role in bone health by helping the body absorb calcium. It is commonly added to staple food products and drinks as a way to prevent deficiencies. Market Key Trends: Growing health consciousness and awareness about the role of vitamin D in overall well-being has increased consumption of vitamin D fortified/functional food and beverages globally. Moreover, rising incidences of osteoporosis, rheumatoid arthritis and other bone related diseases has stimulated growth of vitamin D ingredients market. The possibility of new applications of vitamin D ingredients in cosmetic and personal care industry also acts as a high impact rendering driver for the overall market growth over the forecast period." Segment...