Los Angeles, CA -- (SBWIRE) -- 06/19/2019 -- Vitamin D is a steroid Vitamin; a group of fat-soluble prohormones that help maintain the balance of calcium in the body, important for normal growth and mineralization of bones and teeth. Extensive and ongoing research on Vitamin D has also brought to light new roles of this Vitamin in modulation of cell growth, neuromuscular and immune functions.
There are two commercially used forms of vitamin D, vitamin D2 (ergocalciferol) and vitamin D3 (cholecalciferol). Both forms are used in nutritional supplements, where vitamin D3 prevails, whereas vitamin D2 finds greater use in pharmacies in the area of final dosage forms.
In consumption market, the China market sales value for vitamin D is expected to reach 91 million USD in 2016. China is the major manufacturing and consumption market in the world. China is the largest production base of vitamin D. And the production share of vitamin D is responsible for 86.10% in the world in 2015. At present, in developed countries, the vitamin D industry is generally at a more advanced level. The top three manufacturers are Zhejiang Garden Biochemical High-tech, Taizhou Hisound Pharmaceutical, Kingdomway, respectively with global sales market share of 30.86%, 17.72% and 15.12% in 2015. The USA mainly rely on imports from foreign to buy the vitamin D product. The apparent consumption of USA is 1764 MT in 2015.
Vitamin D can be classified into three types: food grade vitamin D, feed grade vitamin D and pharmaceutical grade vitamin D. Survey results showed that 79.16% of the vitamin D market is feed grade, 13.49% is food grade and 7.35% is pharmaceutical grade in 2015. With the development of economy, these industries will need more vitamin D. So, vitamin D has a huge market potential in the future.
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The main raw material of vitamin D is NF grade cholesterol. Currently, on the global market, there are four companies can produce it, such as NK Chemicals, Nippon Fine Chemical, Dishman and Zhejiang Garden. Fluctuations in the price of the upstream product will impact on the production cost of vitamin D industry.
The global Vitamin D market was 130 million US$ in 2018 and is expected to 140 million US$ by the end of 2025, growing at a CAGR of 1.2% between 2019 and 2025.
This report studies the Vitamin D market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Company one
Zhejiang Garden Biochemical High-Tech
Taizhou Hisound Chemical
Kingdomway
Zhejiang NHU Company
Royal DSM
BASF
Zhejiang Medicine
Fermenta
By the product type, the market is primarily split into
Food Grade
Feed Grade
Medical Grade
By the end users/application, this report covers the following segments
Feed
Medical
Food
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