North America Vitamins Market is Expected to Reach $1,132 Million in 2018 - New Report by MicroMarket Monitor
(PRWEB) July 21, 2014 -- The North America Vitamins Market report explains and divides the vitamins market in North America with analysis and projection of revenue. The vitamins market in North America is estimated to grow from around 765$ million in 2012 to 1,132$ million by 2018, at a CAGR of 6.8% from 2013 to 2018.
Browse through the TOC of the North America Vitamins Market report, to get an idea of the in-depth analysis provided. This report also provides a glimpse of the segmentation in the North America vitamins market, and is supported by various tables and figures.
http://www.micromarketmonitor.com/market/north-america-vitamins-nutraceuticals-3919030976.html
Vitamins are vital nutrients that cannot be synthesized in sufficient quantities by an organism. Due to this, vitamins are major ingredients in foods, feed additives, pharmaceuticals, and cosmetics. The natural sources-based vitamins are gathering an increasing consumer base in the North American market. 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.
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North America is among the major markets globally, wherein the U.S. holds a maximum share in the vitamins market. The North American 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 12.50%, followed by BASF (Germany) with a share of 9.70%.
This market is segmented and projected on the basis of applications, which are functional food, functional beverages, dietary supplements, animal nutrition, and personal care. Functional food is the most preferred application, and as of 2013, contributed a major share of 18% in the vitamins market. The market is further segmented and forecast on the basis of major countries, such as the U.S., Canada, and Mexico.
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This report also comprises of market share, supply chain, and value chain analyses, besides market metrics such as drivers and restraints. In addition, it also presents a country-level competitive landscape and company profiles of the key players in this market.
Related Reports:
Europe Vitamins (Nutraceuticals) Market
Europe Vitamins (Nutraceuticals) constituted 27.6% of the Global Nutraceutical market in the year 2013 and its market share is projected to be 27.5% by the end of year 2018.Europe has the largest market for vitamins, due to high consumer awareness related to balance diet and nutrition. The aging population, lifestyle diseases, increased health concerns, and awareness related to cardiac disorders have given way to a rise in demand for nutraceuticals that contain vitamins, since they are vital ingredients. Manufacturers have to pay special attention to consumer preferences due to highly informed consumers that are concerned about the quality of products they purchase.
This report provides a competitive landscape of the top players. Under the strategic benchmarking section, we will provide you with their key developments along with the impacts that include new product developments, M&A, a strategic focus on any specific application, technology, and geography. Under the Financials section, we will provide you with details that span Capex (Investments), revenues, EBITDA, etc.
http://www.micromarketmonitor.com/market/europe-vitamins-nutraceuticals-9495712422.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 urbanisation 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.
This report provides a competitive landscape of the top players. Under the strategic benchmarking section, we will provide you with their key developments along with the impacts that include new product developments, M&A, a strategic focus on any specific application, technology, and geography. Under the Financials section, we will provide you with details that span Capex (Investments), revenues, EBITDA, etc.
http://www.micromarketmonitor.com/market/asia-pacific-vitamins-nutraceuticals-2920469215.html
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