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Vitamin K2 Market Growth, Share, Mergers And Acquisitions 2023-2030 {{ currentPage ? currentPage.title : "" }}

Market Overview

The Vitamin K2 market has witnessed significant growth in recent years, driven by the increasing awareness of its health benefits and the growing demand for dietary supplements. Vitamin K2, a crucial nutrient for bone and cardiovascular health, has gained prominence as consumers seek to improve their overall well-being. Factors such as an aging population, a rising trend towards preventive healthcare, and a greater focus on nutrition have contributed to the market's expansion. As research continues to uncover the numerous health advantages associated with Vitamin K2, the market is expected to continue its upward trajectory.

Vitamin K2 Market was $701.88 Million in 2022. It is projected to reach $2,062.00 Million by 2030, indicating a CAGR of 14.6%during the forecast period.

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Market Key Players

Anderson Global Group, LLC, BASF SE, Kappa Bioscience (Balchem Corporation), Vox Nutrition, Lesaffre , Purayati, Viridis BioPharma, Lexicare Pharma Pvt. Ltd., AdvaCare Pharma, and Glanbia plc

Market Segmentation:

By Source

·         Natural

·        Synthetic

By Form

·         Capsules & Tablets

·         Powder

·        Oil

By Application

·         Nutraceutical

·         Food

·        Pharmaceuticals Products

Regional Analysis

The North American market is poised for rapid growth in the foreseeable future, primarily due to the surging Vitamin K2 demand for functional and nutritionally enhanced processed foods and the escalating prevalence of vitamin deficiencies. To illustrate, a report by Statista revealed that the U.S. vitamin and mineral supplements market was valued at roughly USD 21.4 billion in 2019, with projections indicating it will reach USD 30.5 billion by 2025. Consequently, the expanding utilization of vitamin supplements is a driving force behind the region's market expansion.

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