Global Vitamin K Market
Global Vitamin K was valued at US$ 795.34 million in 2021, estimated to reach US$ 1220.24 million in 2027, with a CAGR of 6.80% from 2022-2027.
Group of vitamins found largely in green leaves and the body needs it in small amounts to function and stay healthy, that nutrient called as vitamin K. Vitamin K helps in the blood-clotting process.
Market Drivers
vitamin K market size is anticipated to grow significantly due to consumer awareness for vitamins and supplements continue to proliferate.
Also, growing birth rates will considerably increase the demand for vitamin K1 injectables in order to save infants from further complexities.
Moreover, vitamin K2 has vital role and is important for overall metabolism of the body, hence, properties of vitamin K2 will heighten its demand.
Market Restraints
Factors that may hamper vitamin K market growth are the side effects associated with medications & increasing awareness about these side effects.
Market Segmentation
Vitamin K Market is segmented into major 4 categories. Based on Type, the market is segmented into Vitamin K1, Vitamin K2. Based on Application, the market is divided into Osteoporosis, Vitamin-K Dependent Clotting Factor Deficiency [VKCFD], Prothrombin Deficiency, Vitamin K Deficiency Bleeding [VKDB], Dermal Applications, Others. Based on Route of Administration, the market is segmented into Oral, Parenteral, Topical. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
Asia Pacific is anticipated to hold the largest market share over the forecast period owing to increasing health awareness, and the increased patient suffering from vitamin deficiency in the region.
North America is likely to grow because of the increased application from the cosmetic and food and beverage industries, which will favour regional growth.
Market Key Players
Some of the key players operating in Global Vitamin K Market are Amphastar Pharmaceuticals Inc., BASF, Country Life (Kikkoman Corporation), Amway, Kappa Bioscience, Livealth Biopharma, NattoPharma, NOW Foods, Pfizer Inc, Solgar Inc.
Industry development
In May 2021, Lesaffre acquired NattoPharma, a Vitamin K2 specialist, expanding its product portfolio in the human nutrition and health market. This acquisition also strengthened the company's Vitamin K research and marketing segment.
In February 2021, Kappa Bioscience plans to expand its operations in the United States. The geographical expansion will increase the company's customer base and operational facilities, resulting in increased nutraceutical production.
In May 2020, Kappa Bioscience will launch an educational programme to provide information on scientific analysis, manufacturing, and formulation of dietary supplements such as Vitamin D3 and K2.
Global Vitamin K Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Vitamin K Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Vitamin K Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Vitamin K Market Share Analysis, By Type
5.3 Vitamin K Market Size and Forecast, By Type
5.3.1 Vitamin K1
5.3.2 Vitamin K2
6 Vitamin K Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Vitamin K Market Share Analysis, By Application
6.3 Vitamin K Market Size and Forecast, By Application
6.3.1 Osteoporosis
6.3.2 Vitamin-K Dependent Clotting Factor Deficiency [VKCFD]
6.3.3 Prothrombin Deficiency
6.3.4 Vitamin K Deficiency Bleeding [VKDB]
6.3.5 Dermal Applications
6.3.6 Other
7 Vitamin K Market, By Route of Administration
7.1 Y-o-Y Growth Comparison, By Route of Administration
7.2 Vitamin K Market Share Analysis, By Route of Administration
7.3 Vitamin K Market Size and Forecast, By Route of Administration
7.3.1 Oral
7.3.2 Parenteral
7.3.3 Topical
8 Vitamin K Market, By Region
8.1 Vitamin K Market Share Analysis, By Region
8.2 Vitamin K Market Share Analysis, By Region
8.3 Vitamin K Market Size and Forecast, By Region
9 North America Vitamin K Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Vitamin K Market Share Analysis, By Type
9.3 North America Vitamin K Market Size and Forecast, By Application
9.4 North America Vitamin K Market Size and Forecast, By Route of Administration
9.5 North America Vitamin K Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Vitamin K Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Vitamin K Market Share Analysis, By Type
10.3 Europe Vitamin K Market Size and Forecast, By Application
10.4 Europe Vitamin K Market Size and Forecast, By Route of Administration
10.5 Europe Vitamin K Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Vitamin K Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Vitamin K Market Share Analysis, By Type
11.3 Asia Pacific Vitamin K Market Size and Forecast, By Application
11.4 Asia Pacific Vitamin K Market Size and Forecast, By Route of Administration
11.5 Asia Pacific Vitamin K Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Vitamin K Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Vitamin K Market Share Analysis, By Type
12.3 Latin America Vitamin K Market Size and Forecast, By Application
12.4 Latin America Vitamin K Market Size and Forecast, By Route of Administration
12.4 Latin America Vitamin K Market Size and Forecast, By Network Route of Administration
12.5 Latin America Vitamin K Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Vitamin K Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Vitamin K Market Share Analysis, By Type
13.3 Middle East Vitamin K Market Size and Forecast, By Application
13.4 Middle East Vitamin K Market Size and Forecast, By Route of Administration
13.5 Middle East Vitamin K Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Amway
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Solgar Inc
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Pfizer Inc
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 NOW Foods
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 NattoPharma
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Livealth Biopharma
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Country Life (Kikkoman Corporation)
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Kappa Bioscience
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 BASF
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Amphastar Pharmaceuticals Inc.
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
