Vitamin Ingredients Market to register remarkable gains over 2019-2025: Global Market Insights, Inc. Global Market Insights, Inc. provides a detailed overview of Vitamin Ingredients Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. Further, the report is inclusive of the competitive terrain of this vertical in addition to the market share analysis and the contribution of the prominent contenders toward the overall industry. Growing demand for vitamin ingredients in cosmetic industry is anticipated to drive vitamin ingredient market size for food and personal care applications over the forecast period. Natural skin care products with vitamin extracts have the potential to reduce dark spots, wrinkles, inflammation and induce skin cell repair. Aided by such benefits, vitamin ingredient based skin care products are estimated to witness massive rise in demand.
Today, organic vitamins are being favoured over synthetic form of vitamins which are associated with a plethora of adverse health problems, such as liver damage, due to their chemical ingredients. These side effects can be more prominently seen in the geriatric population due to their weak immune systems. Shifting trends towards organic vitamin intake will further boost vitamin ingredient industry outlook for or food and personal care applications. Rise in millennial spending in vitamin rich food and personal care products is estimated to supplement vitamin ingredients market share for food and personal care application. In terms of growth, Vitamin ingredients market for food and personal care applications would be clocking in a CAGR of 5.9% over the projected timeframe. Rising demand for organic supplements, primarily from geriatric population is projected to augment vitamin ingredients market outlook for food and personal care applications. In terms of application, Vitamin B12 market from nutraceuticals is forecast to amass substantial gains with a revenue generation of over $50 million till 2024. Vitamin B12 has been increasingly utilized in various nutraceuticals like fortified breakfast items, including juices, cereals, pasta and soymilk in order to provide additional nutrient value to consumers. Rising awareness regarding health & wellness in the U.S. along with growing geriatric population will supplement U.S. vitamin ingredient market trends for food and personal care applications. Vitamin D is crucial for enabling optimal calcium absorption and boosting bone and teeth health.
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