Vitamin K Market was valued at USD 795.34 million in 2021 and is expected to reach the value of USD 1346.24 million by 2029, at a CAGR of 6.80% during the forecast period.
Over the projected timeframe, an increase in clinical research projects involving the creation of vitamin K products in developed regions would favorably influence industry growth. Scientists and researchers are concentrating on how vitamins affect both infants and adults. The bioavailability and intestinal absorption of menadione and phytonadione are being studied by a number of institutions in these areas to help healthcare practitioners better understand the metabolic process. Additionally, researchers have created drugs that can treat babies with blood problems. As a result, more research will be done, driving up demand for vitamin K to the point where it will soon outpace corporate revenue.
In rich and developing nations alike, dietary and lifestyle modifications that result in vitamin K deficiency will be advantageous for the industry’s growth in the ensuing years. People who lead sedentary lifestyles and consume large amounts of junk food are more susceptible to chronic illnesses that cause vitamin deficiencies. The growth of teeth and bones depends on the fat-soluble compounds menadione and phytonadione. Additionally, it stimulates factors that prevent coagulation and blood clotting. Therefore, it is advised that persons who have coagulation issues brought on by a sedentary lifestyle and improper eating habits take menadione and phytonadione tablets as a daily part of their diet. The aforementioned elements will speed up industry expansion. However, drug-related adverse effects may somewhat restrain the expansion of the vitamin K market.
Get free sample copy of this market report: https://crediblemarkets.com/sample-request/vitamin-k-market-363920
Major Players in Vitamin K market are:
Livealth Biopharma
BASF
Solgar Inc
DSM
NOW Foods
NattoPharma
Kappa Bioscience
Pfizer Inc.
Amphastar Pharmaceuticals Inc.
Country Life (Kikkoman Corporation)
Most important types of Vitamin K products covered in this report are:
Vitamin K1
Vitamin K2
Others
Most widely used downstream fields of Vitamin K market covered in this report are:
Healthcare Industry
Others
Top countries data covered in this report:
United States
Canada
Germany
UK
France
Italy
Spain
Russia
China
Japan
South Korea
Australia
Thailand
Brazil
Argentina
Chile
South Africa
Egypt
UAE
Saudi Arabia
Click here to purchase this market report:https://crediblemarkets.com/reports/purchase/vitamin-k-market-363920?utf8=%E2%9C%93&license_type=single_user
Frequently Asked Questions (FAQ) :
What was the estimated global vitamin K market size in 2018?
What is the anticipated growth for the vitamin K industry share during the forecast period?
Which prominent factor is fueling the Vitamin K market growth through 2025?
How is Vitamin K1 pegged to impel Vitamin K industry revenue growth?
Which application sector is likely to augment the adoption of Vitamin K globally?
Why is North America earmarked to make a distinguished contribution towards the Vitamin K product growth?
About Credible Markets:
Credible Markets has emerged as a dependable source for the market research needs of businesses within a quick time span. We have collaborated with leading publishers of market intelligence and the coverage of our reports reserve spans all the key industry verticals and thousands of micro markets. The massive repository allows our clients to pick from recently published reports from a range of publishers that also provide extensive regional and country-wise analysis. Moreover, pre-booked research reports are among our top offerings.
The collection of market intelligence reports is regularly updated to offer visitors ready access to the most recent market insights. We provide round-the-clock support to help you repurpose search parameters and thereby avail a complete range of reserved reports. After all, it is all about helping you reach an informed strategic decision about purchasing the right report that caters to all your market research demands.
Reports in the repository of Credible Markets leverage predictive analytical models to study the performance of critical market segments. We believe in the fact that demands of businesses depend on an array of parameters and thus adhere to delivering industry-specific research solutions. Our client base traversing from thriving start-ups to some of the Fortune 500 companies speaks for our expertise in providing deep-dive insights on any desired industry sectors.
Contact Us
Credible Markets Analytics
99 Wall Street 2124 New York, NY 10005
Email: sales@crediblemarkets.com
