Companies are expanding their production capacity to meet rising consumer demand.
Authors:
Kiran Pulidindi, Kunal Ahuja
Frequently Asked Questions (FAQ) :
Market size for vitamin A was valued at over USD 540 million in 2022 and is projected to observe more than 5% CAGR from 2023 to 2032.
Vitamin A market share from food grade segment is anticipated to surpass USD 215 million by 2032 owing to a rise in demand for functional and nutritionally fortified processed food products.
Latin America vitamin A industry was valued at USD 60 million in the year 2022 driven by factors like a rise in health consciousness among consumers and a growing elderly population.
DSM, Xiamen Kingdomway Group, Zhejiang Medicine, BASF, Nutrilo GmbH, and Vitafor NV are some of the leading companies in the global business.