Global Vitamin Deficiency Treatment Market to reach USD xx billion by 2027.Global Vitamin Deficiency Treatment Market is valued approximately USD xx billion in 2020 and is anticipated to grow with a healthy growth rate of more than xx % over the forecast period 2021-2027. Vitamin Deficiency Treatment includes the prescription and consumption of vitamin supplements and healthy diet. The worldwide Vitamin Deficiency Treatment market is driven by rising dietary supplement consumption to prevent diseases such as night blindness, diarrhea and others. Vitamin Deficiency Treatment market growth is also to be driven by the rising malnutrition population in the world. For instance, according to the action against hunger organization, undernourished people have increased by 161 million from 2019 to 2020 worldwide. Also, according to a WHO factsheet 2020, nutritional deficiencies cause around 45% of fatalities among children under the age of five globally. However, lack of awareness regarding the benefits regarding nutritional supplements and regulatory restrictions governing pharmaceutical product approval hampers the growth of the market over the forecast period of 2021-2027. Furthermore, increasing favorable government initiatives to prevent malnutrition, rising awareness for a healthy lifestyle and new product launches by market competitors are expected to create opportunity for Vitamin Deficiency Treatment market growth over the forecast period.
The geographical analysis of the global Vitamin Deficiency Treatment market is studied for major regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the dominating region across the world in terms of market share due to increasing awareness of micronutrient insufficiency and developed healthcare facilities. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as increasing number of people suffering from nutritional deficiency, favorable government initiatives and increasing use of dietary supplements would create lucrative growth prospects for the Vitamin Deficiency Treatment market in the region.
Major market player included in this report are:
Merck & Co., Inc.
Sun Pharmaceutical Industries Ltd.
Cipla Inc.
Pfizer Inc.
Mankind Pharma
F. Hoffmann-La Roche Ltd.
Dabur International Limited
Pharmavite
Sandoz International GmbH
Himalaya Wellness
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
OTC Multivitamin Therapies
Single Vitamin Therapies
Vitamin A Supplements
Vitamin B Complex Supplements
Vitamin D Supplements
Others
By End User:
Pharmacy and Drugstores
Hospital Pharmacy
Online Drug Stores or Email Prescription Stores
Hypermarkets
Supermarkets
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Vitamin Deficiency Treatment Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors