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Thursday, March 28, 2024

Rising Demand for Nutraceuticals Augmenting Vitamins and Derivatives Market Growth

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Nutraceuticals Augmenting Vitamins and derivative consumption are critical for keeping a healthy body and avoiding illnesses caused mainly by weakness or malnutrition. Vitamins and derivatives are being added to a wide range of food products. As a result, the a growing customer preference for healthy products. In addition, changing lifestyles and the emergence of a fast-food culture need dietary supplements to maintain a balanced diet.
The growing importance of leading a healthy lifestyle fuels the demand for vitamin supplements. Consumers nowadays want to live a healthy and active lifestyle. Therefore they look for food items to help them meet their daily dietary objectives.

The desire of millennials to preserve their health has prompted more vitamin and derivative producers to invest in the industry. The current generation in industrialized countries prefers health supplements to keep active and maintain their health. Nutraceuticals Augmenting Vitamins and derivatives, unlike other supplements, can be taken as a powder, oral liquids, capsules, tablets, gummies, and soft gels. One of the major drivers for the water-soluble vitamin derivative and water-soluble vitamin supplement markets is the ability of vitamin supplements to react with the human body as water-soluble vitamin derivatives.

South Asia’s total consumption of vitamins and derivatives is expect to reach 21,056.95 million tonnes in 2021. With a CAGR of 8.5 per cent over the predicted period. Increased utilization in food and drinks, medicines, and cosmetics industries is driving up regional demand. In addition, the need for medicines in South Asia is overgrowing.

The need for vitamin D derivatives for the elderly to improve calcium absorption in their bodies vitamin. A derivatives for youngsters to establish a robust immune system, and feed-grade vitamins and products by farmers is on the rise for overall health management in both people and animals.

Over the years, the Chinese market has demonstrate new patterns in its business strategy. Which may be attribute to changing customer preferences in the nation. For example, personal care products for consumers and higher-end users are in great demand in the country.

The Nutraceuticals Augmenting Vitamins and derivatives market in the United States is well-establish due to the strong demand for nutritional supplements and the rising use of derivatives as a solvent in cosmetics and personal care products. Furthermore, many consumers’ vitamin intakes need to be increase for good health. As a result, most people in the United States consume at least one dietary vitamin tablet daily. The U.S. demand for vitamins and derivatives is expect to grow at a CAGR of 4.4 per cent.

According to Fact.MR research. The global vitamins and derivatives market is expect to reach over US$ 24 billion in 2021 and grow at a CAGR of about 5.7 per cent through 2031.

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