Posted 2/22/2024, 3:02:00 PM
Vitamin D Ingredient Market Set to Reach $2.44 Billion by 2029 Due to Increased Use in Fortified Foods and Supplements
- Market for global vitamin D ingredients expected to reach $2.44 billion by 2029, growing at 8.1% CAGR
- Increased fortification in food and beverages driving growth due to health benefits
- Vitamin D3 (cholecalciferol) and D2 (ergocalciferol) are main ingredients used
- Supplements contain D3, D2, or both to ensure adequate nutrient levels
- Food and beverage manufacturers fortifying products like dairy and cereals with vitamin D to enhance nutritional profile