Europe Vitamin D Market Segmentation by Analog (Vitamin D2 and Vitamin D3); By Application (Pharmaceuticals, Functional Food and Beverage, Personal Care, Pet Feed and Animal Feed); By End User (Adult, Children and Pregnant Women) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2024 to 2029)

Updated On: January, 2024
ID: 3899
Pages: 135

Europe Vitamin D Market Growth and Forecast to 2028:

The Europe Vitamin D Market size was worth US$ XX million in 2022, and it is estimated to grow at US$ XX million by the end of 2028 at an increasing CAGR of XX% during 2023 - 2028.

Market Overview:

Vitamins are chemical components or substances that the human body requires to maintain normal metabolic functioning. According to the human metabolism function, they are classified as A, B, C, D, E, and K. Vitamin D is fat-soluble. Therefore it can be found in a variety of foods. Mushrooms, seafood, cod liver oil, and egg yolks are the most common sources. Vitamin D is primarily required for proper bone development. It's also necessary for osteoblasts and osteoclasts to regenerate bone. It also aids in the prevention of rickets in children and osteoporosis in adults. In addition, vitamin D is a steroid vitamin that aids calcium and phosphorus absorption and metabolism in the intestine. When exposed to sunshine under typical conditions, no dietary supplements are required as sunlight encourages enough vitamin D production in the skin. In youngsters, vitamin D deficiency can cause rickets, and in adults, it can cause bone weakening. In addition, it is essential for normal bone and tooth growth and development to prevent muscle weakness and regulates cardiac function. Vitamin D is termed as a fat-soluble vitamin found in eggs, fish, dairy products, and human skin. The active form of vitamin D is firstly produced by the skin when exposed to sunlight first thing in the morning. Therefore, most of the vitamin D required for the skin is made by people who live in sunny places.

Recent Developments:

  • On February 11th, 2019, Nestle announced that it would offer USD 50,000 for tackling vitamin D deficiencies.
  • Pfizer takes the initiative in producing Caltrate soft chews, which are made available in vanilla crème flavors and chocolate truffle, which helps provide vitamin D to the consumers.

Europe Vitamin D Market Drivers:

Over the forecast period, the worldwide vitamin D market is expected to develop at a significant rate. Vitamin D is termed as a fat-soluble vitamin found in foods like meat and eggs and can also be taken as a supplement. Although vitamin D requires body-specific synthesis or hydroxylation, it can be obtained by spending time in the sun. Therefore, managing blood circulation and preventing hypocalcemia, osteoporosis, osteomalacia, rickets, and thyroid function in the human body are the essential factors for the Europe vitamin D market's growth. The rise in the occurrence of the disorders, as mentioned earlier, increased the use of vitamin D supplements, and recommendations from authorized professionals for vitamin D consumption are also favorably affecting the market. Increased ailments caused by vitamin D deficiency, an increase in medical referrals, and child malnutrition are expected to promote the growth of the Europe vitamin D market. It is required for average growth, the formation of teeth and bones, muscle defense, adequate thyroid function, blood clotting, and heart regulation. All of these crucial elements are expected to help the vitamin D market growth in Europe in the future years.

Furthermore, the regulatory body's favorable regulation of vitamin D ingredient commerce is a significant growth factor in the Europe vitamin D ingredient market. This makes it possible for vitamin D manufacturers to offer their goods without limits. This is useful for pharmaceutical businesses because vitamin D-based medications are easier to sell. In addition, the global market for vitamin D components is being reactivated due to more significant regulatory investment in announcing the benefits of consuming vitamin D products. This is done to boost demand for vitamin D components in a variety of food applications. Vitamin D beverages are also simple to drink and absorb. As a result, vitamin D beverages are becoming increasingly popular among consumers. Thanks to pharmaceutical companies' efforts to increase vitamin D products, the market for vitamin D components may strengthen in the near future.

Restraints:

Regulatory norms enacted to avoid severe use, on the other hand, would stifle global market growth in some regions. Overdosing can result in nausea, vomiting, headaches, and depression. In addition, phosphorus and calcium are absorbed from the gut via vitamin D. Regulatory limits implemented in certain places to prevent unwanted vitamin D toxicity are among the pharmaceutical items that are stifling market expansion.

Europe Vitamin D Market Segmentation Analysis:

 By Analog:

  • Vitamin D2
  • Vitamin D3

Depending on the analog, the Europe Vitamin D Market is segmented into Vitamin D2 and Vitamin D3. Compared to Vitamin D2, Vitamin D3 tends to hold the largest Europe Vitamin D market share. Vitamin D3 provides several health benefits. It helps strengthen bones and muscles, increase mood, boost immunity, improve heart function, and reduce weight. Moreover, Vitamin D2 is also effective since it can help the body to absorb calcium and phosphorous.

 By Application:

  • Pharmaceuticals
  • Functional Food and Beverage
  • Personal Care
  • Pet Feed
  • Animal Feed

The Europe Vitamin D Market is segmented into Pharmaceuticals, Functional Food and Beverage, Personal Care, Pet Feed, and Animal Feed. Among these, functional food and beverages dominate the Europe Vitamin D Market. Fatty fish, cheese, egg yolks, orange juice, soy milk, and cereals are the primary food that includes vitamin D. Vitamin D helps in reducing heart disease, hay fever, asthma, and many others. Due to which most of Europe's population were concentrated on food, including vitamin D. Therefore, The Europe Vitamin D Market experienced significant growth during the forecast period.

By End-User:

  • Adult
  • Children
  • Pregnant Women

The Europe Vitamin D Market has segmented into Adults, Children and Pregnant Women. Children end user plays a crucial role in holding the maximum Europe Vitamin D Market share. Vitamin D deficiency, majorly in children, can lead to growth failure and rickets, among other problems. The American Academy of Pediatrics suggested the daily vitamin D intake recommendation for newborns, children, and adolescents to 400 IU in 2008. Breastfed infants, children, and adolescents who ingest less than 1 liter of vitamin D-fortified milk per day will almost certainly require vitamin D supplementation to obtain 400 IU per day. Therefore, Vitamin D is mainly needed by Children.

Regional Analysis:

The Europe Vitamin D Market Report includes the segmentation of countries:

  • United Kingdom
  • Spain
  • Germany
  • Italy
  • France

In Europe, among various regions, Germany is anticipated to contribute the most prominent position in terms of market shares and is yet to continue during 2022 - 2027. It is because of the expanding pharmaceuticals and personal care industries in the country. In addition, the rise in the occurrence of the disorders increased the use of vitamin D supplements, and recommendations from authorized professionals for vitamin D consumption also favorably affect the market in Europe. Increased ailments caused by vitamin D deficiency, an increase in medical referrals, and child malnutrition are expected to promote the growth of the Europe vitamin D market.

Impact of COVID-19 on Europe Vitamin D Market:

The Europe Vitamin D Market sees a positive effect during the corona crisis. The COVID-19 has affected many people and industries across the globe. Moreover, people who are concerned with COVID-19 consumed food including Vitamin D so that it can help in reducing the disease. In addition, vitamin D is a steroid vitamin that aids calcium and phosphorus absorption and metabolism in the intestine. When exposed to sunshine under typical conditions, no dietary supplements are required as sunlight encourages enough vitamin D production in the skin. Therefore, most of Europe's population swallowed vitamin D food to keep their body fit during the pandemic.

Key Players in the Market:

Major Key Players in the Europe Vitamin D Market are

  • Nestlé S.A
  • BASF    
  • Pfizer, Inc.    
  • Koninklijke DSM N.V.       
  • ADM Alliance Nutrition, Inc.
  • Kraft Foods Group 

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