Global Vitamin API Market, By Type, By Category, By Purity, By Manufacturing Type, By Standard, By Grade, By End User,, By Geography .

Description

The global vitamin API Market was valued at US$ 451.1 Mn in 2023 and is expected to reach US$ 724.2 Mn by 2031, growing at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2023/2024:	US$ 451.1 Mn
Historical Data for:	2019 to 2023	Forecast Period:	2024 - 2031
Forecast Period 2023/2024 to 2030/2031 CAGR:	6.10%	2030/2031 Value Projection:	US$ 724.2 Mn

Figure 1. Global Vitamin API Market Share (%), By Region, 2023

The global vitamin API market has been witnessing steady growth over the past few years. Vitamin active pharmaceutical ingredients (APIs) are organic compounds that are required in small quantities for normal physiological function in human and animal organisms. Vitamin APIs are high-value and low-volume components used in manufacturing dietary supplements, pharmaceutical drugs, and food and beverage products. The growth of the nutraceuticals industry, rising health consciousness among consumers, and the increasing prevalence of vitamin deficiencies across the globe have been driving the demand for vitamin APIs. However, stringent regulatory frameworks and high capital requirements for setting up API manufacturing plants pose challenges to market players. Overall, the vitamin API market is expected to grow at a healthy rate during the forecast period.

Market Dynamics:

The growing prevalence of vitamin deficiencies due to changing lifestyles and poor diets has boosted the demand for dietary supplements, thereby fueling the need for vitamin APIs. However, stringent regulatory norms for the manufacturing and marketing of APIs in different countries act as a key restraint. Moreover, setting up API production facilities involves huge capital investments and regulatory compliance costs, which pose significant barriers for new entrants. On the positive side, growing adoption of personalized nutrition and a focus on preventive healthcare create new opportunities. Advancements in API production technologies also help lower costs and accelerate market growth.

Key Features of the Study:

This report provides an in-depth analysis of the global vitamin API market, and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global vitamin API market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies
The key companies covered as a part of this study include DSM, BASF, BOC Sciences, CSPC Pharmaceutical Group Limited, Lonza, Zhejiang Medicine, Jubilant Life Sciences, Glanbia Nutritionals, Aurorium , Northeast Pharmaceutical Group Co., Ltd, Abbott Laboratories and Fermenta Biotech Ltd
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global vitamin API market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global vitamin API market

Detailed Segmentation:

By Type:
- Vitamin B1
- Vitamin B6
- Vitamin B12
- Vitamin B2
- Vitamin B3
- Vitamin B5
- Vitamin B7
- Vitamin B9
- Vitamin C
- Vitamin D
- Vitamin E
- Vitamin A
- Vitamin K
By Category:
- Impurities
- Pharmaceutical Standards
By Purity:
- >=99%
- 95%-98%
- <95%
By Manufacturing Type:
- Captive
- Outsource
By Standard:
- IP
- BP
- USP
By Grade:
- Pharmaceutical Grade
- Food Grade
- Animal Feed Grade
- Others
By End User:
- Pharmaceutical and Biotechnology Industry
- Food and Beverage Industry
- CRO and CDMO
- Veterinary Industry
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
Company Profiles:
- DSM
- BASF
- BOC Sciences
- CSPC Pharmaceutical Group Limited
- Lonza
- Zhejiang Medicine
- Jubilant Life Sciences
- Glanbia Nutritionals
- Aurorium
- Northeast Pharmaceutical Group Co., Ltd
- Abbott Laboratories
- Fermenta Biotech Ltd.

Product Code: CMI6678

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Global Vitamin API Market, By Type
- Global Vitamin API Market, By Category
- Global Vitamin API Market, By Purity
- Global Vitamin API Market, By Manufacturing Type
- Global Vitamin API Market, By Standard
- Global Vitamin API Market, By Grade
- Global Vitamin API Market, By End User
- Global Vitamin API Market, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Opportunities
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Vitamin API Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Vitamin API Market, By Type, 2019-2031, (US$ Mn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Vitamin B1
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)
Vitamin B6
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)
Vitamin B12
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)
Vitamin B2
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)
Vitamin B3
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)
Vitamin B5
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)
Vitamin B7
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)
Vitamin B9
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)
Vitamin C
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)
Vitamin D
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)
Vitamin E
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)
Vitamin A
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)
Vitamin K
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)

6. Global Vitamin API Market, By Category, 2019-2031, (US$ Mn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Impurities
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)
Pharmaceutical Standards
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)

7. Global Vitamin API Market, By Purity, 2019-2031, (US$ Mn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
>=99%
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)
95%-98%
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)
<95%
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)

8. Global Vitamin API Market, By Manufacturing Type, 2019-2031, (US$ Mn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Captive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)
Outsource
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)

9. Global Vitamin API Market, By Standard, 2019-2031, (US$ Mn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
IP
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)
BP
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)
USP
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)

10. Global Vitamin API Market, By Grade, 2019-2031, (US$ Mn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Pharmaceutical Grade
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)
Food Grade
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)
Animal Feed Grade
- Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)

11. Global Vitamin API Market, By End User, 2019-2031, (US$ Mn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Pharmaceutical and Biotechnology Industry
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)
Food and Beverage Industry
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)
CRO and CDMO
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)
Veterinary Industry
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Mn)
Others

12. Global Vitamin API Market, By Region, 2019-2031, (US$ Mn)

Introduction
- Market Share Analysis, By Country 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019-2031, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Category, 2019-2031, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Purity, 2019-2031, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Manufacturing Type, 2019-2031, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Standard, 2019-2031, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Grade, 2019-2031, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2031, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031, (US$ Mn)
U.S.
Canada
Europe
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
China
Japan
India
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Mexico
Argentina
Rest of Latin America
Middle East
GCC
Israel
Rest of Middle East
Africa
North Africa
Central Africa
South Africa

13. Competitive Landscape

DSM
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
BASF
BOC Sciences
CSPC Pharmaceutical Group Limited
Lonza
Zhejiang Medicine
Jubilant Life Sciences
Glanbia Nutritionals
Aurorium
Northeast Pharmaceutical Group Co., Ltd
Abbott Laboratories
Fermenta Biotech Ltd.

14. Section

Research Methodology
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