World News: 10:11 GMT Friday 12th October 2018. [Research and Markets via Globe Newswire via SPi World News]
Dublin, Oct. 12, 2018 (GLOBE NEWSWIRE) -- The report has been added to offering.
The global vitamin ingredients market is projected to display robust growth represented by a CAGR of 4.7% during 2018 - 2023.The Vitamin Ingredients market witnessed a substantial growth at a noteworthy rate over the past few years and is anticipated to grow on the back of rapidly increasing prevalence of vitamin deficiency among humans and livestock. In addition, rising consumption of vitamin ingredients in pharmaceuticals, cosmetics, food and beverages and animal feed coupled with growing retail sector, rising per capita income, expanding economy and enhanced expenditure on these products is expected to boost the market growth in future.
Amongst the regions, Asia Pacific accounts for the largest regional share in the global vitamin ingredients market. Key factors driving the robust growth rate in Asia Pacific region include surging per capita income of consumers, presence of heavy consumer base backed with escalating investment by leading vitamin ingredients manufacturers, changing lifestyle, and growing urbanization.This report has covered and analysed the potential of Global Vitamin Ingredients Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global vitamin ingredients market. Additionally, the report also highlights market entry strategies for various companies across the globe.
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Related Topics: Food Ingredients
Globe Newswire: 10:11 GMT Friday 12th October 2018
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