Vitamin D market accounted for over US$ 1.0 billion in 2019. It is anticipated to grow at a CAGR of ~6.5% from 2020 to 2030.
Vitamin D enables calcium absorption in the gut and normal mineralization of bones by balancing calcium & phosphate concentrations. It is an essential component for bone growth and bone remodeling and its deficiency may lead to serious medical conditions such as brittleness of bones, osteoporosis, osteomalacia, hypocalcemia, rickets, cardiovascular diseases, cancer, autoimmune diseases, and asthma. Modulating the cell growth, thyroid functions, neuromuscular functions, & immune functions; regulating the blood circulation & blood clotting; and reducing inflammation are some of the other key functionalities that vitamin D carries out.
Major Key Players of the Vitamin D Market are:
Dishman Group, Divi’s Nutraceutical, Stabicoat Vitamins, Lycored, Bio-Tech Pharmacal, Kingdom Nutrition Inc., New Gen Pharma Inc., Koninklijke DSM N.V., BASF, and Tocris Bioscience, among others.
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