Europe Vitamins (Nutraceuticals) Market is Expected to Reach $1,202.08 Million in 2018 - New Report by MicroMarket Monitor
(PRWEB) July 23, 2014 -- The European Vitamins Market report explains and divides the vitamins market in Europe with analysis and projection of revenue. The market in Europe is estimated to grow from around $812.03 million in 2012 to $1,202.08 million by 2018, at a CAGR of 6.8% from 2013 to 2018.
Browse through the TOC of the European Vitamins Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the European market, and is supported by various tables and figures.
http://www.micromarketmonitor.com/market/europe-vitamins-nutraceuticals-9495712422.html
Vitamins are vital nutrients that cannot be synthesized in sufficient quantities by an organism. Due to this significant feature, vitamins are major ingredients in the foods, feed additives, pharmaceuticals, and cosmetics. Europe has the largest market for vitamins, due to high consumer awareness related to balanced diets and nutrition. The aging population, lifestyle diseases, increased health concerns, and awareness related to cardiac disorders have given way to a rise in the demand for the vitamins market. The dietary supplements segment holds the maximum market in Europe for vitamins. A large number of infants as well as the aging population have caused an increase in the demand for dietary supplements.
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Europe has the largest market, wherein Germany holds a maximum share. The European vitamins market is dominated by key players such as DSM (Netherlands), BASF (Germany), DuPont (U.S.), Archer Daniels Midland Company (U.S.), and Cargill (U.S.). DSM (Netherlands) is the major player with a share of 12.10%, followed by BASF (Germany) with a share of 11.80%.
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This market is segmented and projected on the basis of applications, which include functional food, functional beverages, dietary supplements, animal nutrition, and personal care. The dietary supplements segment is the most preferred application, and as of 2013, contributed a major share of 34% in the vitamins market. The market is further segmented and forecast on the basis of major countries, such as France, Germany, the U.K., Switzerland, and Russia. This report also comprises of market share, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it also presents a country-level competitive landscape and company profiles of key players such as DSM (Netherlands), BASF (Germany), DuPont (U.S.), Archer Daniels Midland Company (U.S.), and Cargill (U.S.).
Related Reports:
North America Vitamins (Nutraceuticals) Market
North America Vitamins (Nutraceuticals) constituted 25.4% of the Global Nutraceutical market in the year 2013 and its share is estimated to be 25.3% by the end of year 2018.The natural sources-based vitamins are garnering an increasing consumer base in the North American market. ADM (U.S.) has become a global leader in natural source-based Vitamin E, anticipating a huge consumer base of these products. Concerns related to the toxicity of artificial and chemical additives in food and personal care products drives consumers towards natural source-based products. This has caused a rapid increase in the demand for vitamins derived from natural sources. Consumers are ready to spend added amounts on natural personal care products. This has made North America a lucrative revenue market for vitamin manufacturers.
Scrutiny of the diversification opportunities prevailing in the current business scenario.Identification of the new products, and technological concepts that are driving the market.Comprehensive study to increase in production and benefits of improved accuracy in the manufacturing process of vitamins.
http://www.micromarketmonitor.com/market/north-america-vitamins-nutraceuticals-3919030976.html
Asia-Pacific Vitamins (Nutraceuticals) Market
Asia-Pacific Vitamins (Nutraceuticals) constituted 32.0% of the Global Nutraceutical market in the year 2013 and its share is estimated to be 32.1% by the end of year 2018.China has been dominating the global vitamin production. The rising per capita income in this region has catapulted the demand for quality health nutrition. Rapid urbanization and lifestyle change drives consumers towards healthy diet options. Countries such as Thailand, Vietnam, Indonesia, etc., are becoming global destinations for manufacturing facilities. This rapid economic development has induced the Asia-Pacific region to become a major market for global vitamin manufacturers.
Scrutiny of the diversification opportunities prevailing in the current business scenario.Identification of the new products, and technological concepts that are driving the market.Comprehensive study to increase in production and benefits of improved accuracy in the manufacturing process of vitamins.
http://www.micromarketmonitor.com/market/asia-pacific-vitamins-nutraceuticals-2920469215.html
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