Global Vitamin K Market is set to expand at a decent growth rate from 2023 to 2032, driven by the high demand for vitamin supplements.
Rising awareness of the advantages of vitamin supplements is projected to contribute to the industry growth. A substantial amount of clinical data supports the significance of vitamins in general health and their benefits to the human body, particularly the bones, leading to increased awareness and demand for vitamin K to overcome deficiencies and related disorders. As a result, the sales of vitamin K-based products such as injections, oral supplements, and dietary supplements has grown substantially.
Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/1481
This apart, the consistent technological innovations in the medication delivery system will further accelerate market growth. The positive outlook of the biologics sector and the introduction of medication self-administration will stimulate the demand for vitamin K over 2023-2032.
The vitamin K market is segmented as per application, route of administration, distribution channel, and region.
The vitamin K market from the Vitamin K deficiency bleeding (VKDB) application segment was valued at over USD 190 million in 2022 and is poised to gain significant traction through 2032. A lack of vitamin K In babies, a deficiency of vitamin K causes bleeding. As per the Centers for Disease Control and Prevention, early and classical VKDB is more common, affecting 1 in 60 to 1 in 250 neonates, but late VKDB is uncommon, affecting 1 in 14,000 to 1 in 25,000 children. Bleeding inside the body, such as the intestines or brain, is prevalent in babies with VKDB, which may contribute to the rising product demand.
By route of administration, the vitamin K market from the oral segment is projected to witness a high adoption rate through 2032 due to its several benefits, such as patient acceptance and comfort, non-invasiveness, affordability, and convenience of manufacturing on a large scale. As the frequency of chronic illnesses rises, the usage of oral administration will increase, thereby supporting segment expansion.
Based on the distribution channel, the vitamin K market share from the offline segment is estimated to grow exponentially between 2023 and 2032. Offline channels, such as distributors, wholesalers, and retailers, are used to distribute the product to the target customers. Offline distribution channels include hypermarkets, supermarkets, specialized stores, and pharmacy stores. The widespread availability of a range of product options to customers is likely to facilitate segment growth.
Regionally, the Asia Pacific vitamin K market is anticipated to grow at more than 10. 5% CAGR over 2023-2032. The increasing birth rate and rise in the geriatric population have increased the adoption rate and availability of vitamin supplements, thereby driving market expansion. Furthermore, the strong presence of global competitors throughout APAC nations, in line with rising government spending for healthcare R&D, will promote regional market growth.
Request for customization @ https://www.gminsights.com/roc/1481
Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.1 Industry coverage
1.2 Market scope and definitions
1.3 Base estimates and working
1.3.1 Data collection
1.4 Forecast parameters
1.5 Covid-19 impact analysis at global level
1.6 Data validation
1.7 Data sources
1.7.1 Primary
1.7.2 Secondary
1.7.2.1 Paid sources
1.7.2.2 Unpaid sources
Chapter 2 Executive Summary
2.1 Vitamin K industry 3600 synopsis, 2018 - 2032
2.1.1 Business trends
2.1.2 Type trends
2.1.3 Application trends
2.1.4 Route of administration trends
2.1.5 Distribution channel trends
2.1.6 Regional trends
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/vitamin-k-market
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Aashit Tiwari
Corporate Sales, USA
Global Market Insights Inc.
Toll Free: 1-888-689-0688
USA: +1-302-846-7766
Europe: +44-742-759-8484
APAC: +65-3129-7718
Email:[email protected]
The ghee derived from such a process is pure and packed with the richness of vitamins which work as antioxidants and are fat-soluble.
Not to forget that Vitamin E is found useful in preventing dementia..
About Turmeric and benefits of Turmeric
Turmeric is one of the most important spices in Indian cuisine which has been used to impart colour and flavour to food for centuries
It is also known as “Queen of Spices”.
Vedyou provides expert Health advice for Men, Women, children
The alternate name of Turmeric
Hindi: Turmeric (Haldi – हल्दी )
