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Title Vitamin A Market Size and Forecast Report 2024–2030
Category Business --> Business and Society
Meta Keywords Market
Owner mmr
Description

Vitamin A Market to Reach USD 785.24 Mn by 2030, Growing at a CAGR of 4.81%

The Vitamin A Market size was valued at USD 565.18 Mn in 2023 and the total revenue is expected to grow at a CAGR of 4.81% from 2024 to 2030, reaching nearly USD 785.24 Mn by 2030. The market growth is driven by increasing demand for fortified food products, rising awareness about nutritional deficiencies, and expanding applications across food & beverages, dietary supplements, animal feed, and personal care industries.

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Market Size & CAGR

  • 2023 Market Value: USD 565.18 Mn
  • 2030 Projected Value: USD 785.24 Mn
  • Growth Rate: CAGR of 4.81% (2024–2030)

The steady growth of the Vitamin A Market is attributed to the growing focus on preventive healthcare, increasing use of vitamin-enriched animal feed, and the expansion of pharmaceutical-grade vitamin applications.

Market Drivers

  • Rising prevalence of Vitamin A deficiency globally
  • Increasing demand for fortified and functional food products
  • Growing adoption of dietary supplements among health-conscious consumers
  • Expanding livestock industry boosting feed-grade vitamin demand
  • Innovation in personal care & cosmetic formulations incorporating Vitamin A

Market Segmentation

By Product:

  • Food-grade
  • Feed-grade
  • Pharmaceutical-grade

By Form:

  • Type1
  • Type2
  • Type3
  • Type4
  • Type5

By Type:

  • Natural
  • Synthetic

By Application:

  • Food & Beverages
  • Dietary Supplements
  • Animal Feed
  • Personal Care & Cosmetics

Among these, the feed-grade segment holds a significant market share due to increasing demand for high-quality animal nutrition products, while the dietary supplements segment is witnessing rapid growth driven by preventive healthcare trends.

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Competitive Landscape

The Vitamin A Market is highly competitive, with leading players focusing on strategic collaborations, product innovation, capacity expansion, and mergers & acquisitions to strengthen their global presence.

Key Players in the Vitamin A Market:

  1. DSM
  2. BASF SE
  3. Bluestar Adisseo Co. Ltd
  4. Prinova Group LLC
  5. Zhejiang NHU Co. Ltd
  6. Provimi North America, Inc
  7. Kempex Holland BV
  8. Xiamen Kingdomway Group Co
  9. Adisseo
  10. Archer Daniel Midland Company
  11. Bayer AG
  12. Integrated Biopharma Inc
  13. GHT Companies

These companies are investing in R&D activities and sustainable production technologies to meet the increasing global demand.

Regional Insights

The Vitamin A Market is experiencing steady growth across North America, Europe, and Asia-Pacific. Asia-Pacific is emerging as a key growth region due to rising population, increasing nutritional awareness, and expanding food processing industries. Developed regions are witnessing consistent demand driven by dietary supplement consumption and fortified food regulations.

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Market Outlook

The future outlook for the Vitamin A Market remains positive, supported by growing public health initiatives to combat vitamin deficiencies and the increasing trend toward functional and fortified foods. The expansion of the animal feed sector and the growing cosmetic industry further contribute to market expansion.

With steady CAGR growth of 4.81%, the Vitamin A Market is expected to maintain sustainable expansion through 2030, driven by innovation, regulatory support for food fortification, and increasing global health awareness.

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