Home > Food & Beverages > Proteins > Alternative Proteins > Prenatal Vitamin Ingredients Market
Prenatal Vitamin Ingredients Market size was valued at USD 73.2 million in 2023 and is projected to grow at 6.1% CAGR from 2024 to 2032. Market is experiencing growth due to rising well-being concerns among pregnant women owing to lack of vital vitamins has shifted focus towards a composed diet is expected to propel the market growth. These ingredients reduce the risk of lifestyle disorders by providing sufficient nutrients and enhance the body metabolism which is the key driving factor of the market.
Prenatal vitamins are gaining popularity on account of their nutrient rich nature, easy digestibility and ability to support healthy nervous and immune system. The global Vitamin A market size from food application segment was valued over USD 197 million in 2023 indicates high potential for overall vitamin ingredients demand from wide range of application segments.
Report Attribute | Details |
---|---|
Base Year: | 2023 |
Prenatal Vitamin Ingredients Market Size in 2023: | USD 73.2 Million |
Forecast Period: | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR: | 6.1% |
2032 Value Projection: | USD 115.15 Million |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 172 |
Segments covered: | By Product, By Form, By Function and By Region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
According to WHO, over 9.5 million pregnant women suffers from night blindness worldwide in 2022 which is projected to have positive impact on Vitamin A ingredients demand over the projected period. During pregnancy, nutritional need increases significantly to meet the demands of pregnant woman and the growing baby. These ingredients promote fetal growth, prevent anemia, ensure babies are born at a healthy birth weight and contribute to health and well-being of mothers. Increasing research & development activities to support prenatal ingredients consumption and rising recommendations of prenatal supplements by doctors during pregnancy is expected to foster the product demand.
The prenatal vitamin ingredients market is driven by several key factors. Such as growing consumer awareness about prenatal health underscores the importance of nutrition during pregnancy, leading to heightened demand for specialized vitamin products. Additionally, the rising population and increased disposable income, particularly in developed economies with high healthcare costs, are boosting expenditure on health-related products, including prenatal vitamins.
As disposable income rises, consumers are more willing to invest in premium nutritional supplements. Concurrently, there is a growing preference for nutritional food and beverage products, reflecting an increased focus on overall well-being and preventive health measures. Growing demand for specific ingredients such as calcium folic acid related to specific requirement is projected to hamper market.