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 & Food) and by Region – Global Industry Sizing, Growth, Trend, Opportunity, and Forecast (2021–2027).
The vitamin K2 market report covers a thorough analysis of the market dynamics, business models, segmental/regional analysis, and respective market shares and strategies adopted by the key market players operating globally. It entails an in-depth analysis of the factors influencing the global market and market statistics indicating region-wise and segment-wise market share/growth analysis. The report’s study will outlook one of the most exhaustive analyses of the market, capturing all the aspects of the vitamin K2 market.
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Vitamin K2 Industry Outlook
The global vitamin K2 Market size is USD 180.3 million in 2020 and is expected to register a CAGR of 8.3% during the forecast period (2020-2025). An increase in health consciousness and lack of vitamin K2 intakes in food is expected to surge in demand for vitamin K2 nutritional supplements and fuel the global market’s growth. Growing concern regarding fitness and the increase in the number of weakening bones cases are the other factors that propel the demand for vitamin K2 across the globe. Industries highly focus on producing natural vitamin K2 products to increase the benefits and reduce any side effects due to synthetic vitamin K2.
Vitamin K2 Industry Dynamics
- Due to the rise in vitamin deficiency disorders, the demand for vitamin K2 is increasing, which is expected to boost the global market’s growth.
- An increasing number of research activities of vitamin k will surge demand for vitamin K2, accelerating the growth of the vitamin K2 market.
- The high cost of investment in installing heavy machinery for the production of vitamin K2 will create a challenge for the entry of new players into the global or regional market.
- The increasing geriatric and aging population is estimated to create a significant demand for vitamin K2, new growth opportunities in the global market.
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Impact of COVID-19 on Vitamin K2 Market
COVID-19 is a global public health disease that has affected almost every industry. The outbreak of COVID-19 has increased the demand for nutritional products to minimize the effect of COVID-19 in the body. Moreover, the demand for medical nutrition has surged in treating 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 post the spread of the COVID-19 pandemic across the globe. Therefore, the vitamin K2 market value is expected to impact 2020 and subsequent years positively.
Scope of the Report
The report outlines the global vitamin K2 market study based on product type, source, form, and application.
Based on the product type, the vitamin K2 market has been segmented into –
- MK-7
- MK-4
Based on the source, the vitamin K2 market has been segmented into –
- Natural
- Synthetic
Based on the form, the vitamin K2 market has been segmented into –
- Oil
- Powder
Based on the application, the vitamin K2 market has been segmented into –
- Nutraceutical & Food
- Pharmaceutical
Vitamin K2 Market: Regional Outlook
Based on the region, the global vitamin K2 market has been segmented into five geographical regions, namely, North America, Asia Pacific, Europe, South America, and the Middle East and Africa. In 2019, North America held the largest global vitamin K2 market, followed by Asia-Pacific and Europe. Moreover, Asia Pacific is expected to grow with a high CAGR over the forecast period due to increasing demand in the pharmaceutical industry.
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Vitamin K2 Market Key Competitors Includes –
The global vitamin K2 market is fairly consolidated with the presence of key players across the globe. The key players operating in the global vitamin K2 market are –
- Kappa Bioscience
- NattoPharma
- Gnosis SpA
- Viridis BioPharma
- Seebio Biotech
- DSM
- Danisco A
- Geneferm Biotechnology Co. Ltd
- Frutarom
- Kyowa Hakko Bio Co. Ltd.
The vitamin K2 market report provides a thorough analysis of macro-economic factors and every segment’s market attractiveness. The report will include an in-depth qualitative and quantitative assessment of the segmental/regional outlook with the market player’s presence in the respective segment and region/country. The information concluded in the report includes the inputs from primary interviews with industry experts.
Vitamin K2 Market Report Covers Comprehensive Analysis On:
- Market Segmentation & Regional Analysis
- Market Size of 10 years
- Pricing Analysis
- Supply & Demand Analysis
- Product Life Cycle Analysis
- Porter’s Five Forces & Value Chain Analysis
- Developed & Emerging Economies Analysis
- PEST Analysis
- Market and Forecast Factor Analysis
- Market Opportunities, Risks, & Trends
- Conclusion & Recommendation
- Regulatory Landscape
- Patent Analysis
- Competition Landscape
- 15+ Company Profiles
Vitamin K2 Market Regional Analysis Includes:
- North America (US, 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, the Netherlands, Norway, Sweden, Denmark, Rest of Europe)
- Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia & New Zealand, Rest of Asia Pacific)
- The Middle East & Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA
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Vitamin K2 Market: Target Audience
- Manufacturers & raw material supplier
- Pharmaceutical companies
- Nutraceutical & food manufacturers
- Industry Associations
- Trade publications and magazines
- Government authorities, associations, and organizations