Global Vitamin K2 Market Insights 2024, Analysis and Forecast to 2031, By Type, By Function, By Form, By Source, By Distribution Channel, By Application
- Published Date : 2024-08-21
- Pages : 100
- Report Id : 40436
- Categories : Healthcare
This report describes the global market size of Vitamin K2 Market from 2019 to 2022 and its CAGR from 2019 to 2023, and also forecasts its market size to the end of 2031 and its expected to grow with a CAGR of 12.5% from 2024 to 2031.
Due to the COVID-19 pandemic, the global market for Vitamin K2 Market estimated at US 125 $ million in the year 2023, is projected to reach a revised size of US 253 $ million by 2031, growing at a CAGR of 12.5% during the forecast period 2024-2031.
Vitamin K2 Market refers to a fat soluble vitamin, plays a crucial role in blood clotting, bone metabolism, and regulating blood calcium levels. Unlike Vitamin K1, which is commonly found in leafy greens, Vitamin K2 is present in animal-based and fermented foods, making it less prevalent in the average diet. The market has been witnessing significant growth due to rising awareness about its health benefits especially in cardiovascular health.
For geography segment, regional supply, demand, major players, price is presented from 2019 to 2031. This report cover following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For competitor segment, the report include global key players of Vitamin K2 Market as well as some small players. The information for each competitor include:
Company Profile
Main Business Information
SWOT Analysis
Sales Volume, Revenue, Price and Gross Margin
Market Share
By Type
MK-4 (Menaquinone-4)
MK-7 (Menaquinone-7)
In 2023, the Vitamin K2 market is driven by the MK-7, a long-chain menaquinone derived primarily from bacterial fermentation, particularly from fermented foods like natto.
MK-7 remains in the body longer and is more effective at lower doses.
It is highly effective in activating proteins responsible for calcium utilization, promoting bone and cardiovascular health.
Whilst, MK-4 is short chain menaquinone found in animal based foods like meat and dairy. Has a shorter life period and is consumed more frequently to maintain its benefits. Supports bone and cardiovascular health.
By Function
Bone and Cardiovascular
Blood health and clotting
Anti-inflammatory and Immune support
Others
In 2023, the market is driven by the Bone and Cardiovascular segment, due to increase in awareness among consumers about bone health especially in preventing osteoporosis and fractures with cardiovascular diseases.
While Blood health and clotting, which is directly affected by Vitamin K2, is essential for synthesising proteins required for blood clotting, ensuring proper blood coagulation.
Anti-inflammatory and Immune Support is an emerging segment that suggest Vitamin K2 has anti-inflammatory properties and can support immune function.
Others include additional applications such as skin health, dental health, and potential benefits in cancer prevention.
By Form
Capsules & Tablets
Powder and Capsules
Oils and Liquids
In 2023, the Vitamin K2 market, Capsules and Tablets are expected to drive the market, due to convenience, ease of consumption and precise dosage.
Capsules and tablets are favored by consumers for daily supplementation and are widely available in health stores and online.
Powder form is used in the manufacturing of functional foods and beverages. Offering flexibility in formulation and incorporation into various products such as protein shakes and supplements.
Oils and Liquid formulations include oils, used for their quick absorption and versatility in application. An alternative for people who have difficulty swallowing pills, used as tinctures, drops, and enriched oils.
By Source
Natural
Synthetic
In 2023, the Vitamin K2 market, shifting culture to natural and organic lifestyle the Natural segment of Vitamin K2 is expected to drive the market.
These are derived from food sources such as natto, certain cheese and other animal based products.
The Synthetic Vitamin K2 is produced through chemical synthesis processes. Offering consistency in purity and potency, making it easier to standardize in supplements and fortified foods. Production can be scaled up and is cost effective.
By Distribution Channel
Online Retail
Offline Retail
In 2023, the market for Vitamin K2 will be expected to be driven by Online Retail segment, due to increasing internet penetration, convenience of online shopping and wider choice of products for consumers to choose from. Post covid, consumer preference has shifted towards e-commerce and online deliveries. Faster delivery time and wider availability of products has made things easier.
Offline retail such as pharmacies, supermarkets, food stores and speciality nutrition stores lead the way. Providing advantage of immediate availability of products, inspection of ability in stores before purchase and access to staff for queries, recommendation and advice.
By Application
Dietary Supplements
Functional Foods and Beverages
Pharmaceuticals
Cosmetics
In 2023, the market for Vitamin K2 to finds to application across various segment, the Dietary Supplement segment will be the driving segment, due to an increased consumer awareness about preventive healthcare and nutrition. This is aimed at improving bone health, cardiovascular health and overall well being.
Closely followed by Pharmaceutical, where formulations are aimed at supporting bone metabolism and treating specific medical conditions related to Vitamin K sufficiency.
Functional Food and Beverages include fortified food that infuses Vitamin K2, such as dairy products, cereals, juices and others.
While in Cosmetics, Vitamin K2 finds use in skincare products, aimed at improving skin elasticity, reducing dark circles and especially in anti aging formulations.
Company-
Kappa Bioscience
NattoPharma
Gnosis by Lesaffre
DSM Nutritional Products
DuPont Nutrition & Biosciences
GeneFerm Biotechnology Co., Ltd.
SEPPIC
Kyowa Hakko Bio Co., Ltd.
Vesta Ingredients
Shanghai Reson Biotech Co.,Ltd.
Please ask for sample pages for full companies list
Base Year: 2023
Historical Data: from 2019 to 2023
Forecast Data: from 2024 to 2031
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TABLE OF CONTENTS
Market Taxonomy
1. Executive Summary
1.1. Market Overview
1.2. Market Analysis and Recommendations
1.3. Analysis and Recommendations
2. Market Introduction
2.1. Market Definition
3. Market Background
3.1. Parent/Associated Market Overview
3.1.1.Vitamin K2 Outlook
3.1.2.Vitamin K2 Overview
3.2. Macro-Economic Overview
3.2.1. GDP Growth
3.2.2. Retail Industry Growth
3.3. Pricing Analysis
3.4. Challenges related to adoption of Vitamin K2
3.5. Regulations of Vitamin K2
3.6. Forecast Factors: Relevance and Impact
3.7. Market Dynamics
3.7.1. Drivers
3.7.2. Restraints
3.7.3. Opportunity
3.7.4. Trends
3.7.5. SWOT Analysis
4. Market Forecast
4.1. Market Value Projections
4.2. Market Size Projections
4.3. Y-o-Y Projections
4.4. Absolute Opportunity Analysis
5. Global Vitamin K2 Market Value Chain Analysis
5.1.Vitamin K2 Value Chain
5.1.1. List of Raw Material Suppliers
5.1.2. List of Vitamin K2 Manufacturer
5.1.3. List of Segment
6. Global Vitamin K2 Market Analysis By Type
6.1. Introduction
6.1.1. Market Value Share Analysis By Type
6.1.2. Y-o-Y Growth Analysis By Type
6.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Type
6.3. Market Attractiveness Analysis Type
7. Global Vitamin K2 Analysis By Function
7.1. Introduction
7.1.1. Market Value Share Analysis By End User
7.1.2. Y-o-Y Growth Analysis By Form
7.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Form
7.3. Market Attractiveness Analysis By Form
8. Market Structure Analysis
8.1. Market Analysis by Tier of Companies
8.1.1. By Large, Medium, and Small
8.2. Market Concentration
8.2.1. By Top 5 and by Top 10
8.3. Type ion Capacity Share Analysis
8.3.1. By Large, Medium, and Small
8.3.2. By Top 5 and Top 10
8.4. Type Roadmap
9. Competition Analysis
9.1. Competition Dashboard
9.2. Company Profiles (15 Companies)
9.2.1.Kappa Bioscience
9.2.1.1. Overview
9.2.1.2. Type Portfolio
9.2.1.3. Financial Overview
9.2.2. NattoPharma
9.2.2.1. Overview
9.2.2.2. Type Portfolio
9.2.2.3. Financial Overview
9.2.3. Gnosis by Lesaffre
9.2.3.1. Overview
9.2.3.2. Type Portfolio
9.2.3.3. Financial Overview
9.2.4. DSM Nutritional Products
9.2.4.1. Overview
9.2.4.2. Type Portfolio
9.2.4.3. Financial Overview
9.2.5. DuPont Nutrition & Biosciences
9.2.5.1. Overview
9.2.5.2. Type Portfolio
9.2.5.3. Financial Overview
9.2.6. GeneFerm Biotechnology Co., Ltd.
9.2.6.1. Overview
9.2.6.2. Type Portfolio
9.2.6.3. Financial Overview
9.2.7.SEPPIC
9.2.7.1. Overview
9.2.7.2. Type Portfolio
9.2.7.3. Financial Overview
9.2.8. Kyowa Hakko Bio Co., Ltd.
9.2.8.1. Overview
9.2.8.2. Type Portfolio
9.2.8.3. Financial Overview
9.2.9. Vesta Ingredients
9.2.9.1. Overview
9.2.9.2. Type Portfolio
9.2.9.3. Financial Overview
9.2.10. Shanghai Reson Biotech Co. ,Ltd.
9.2.10.1. Overview
9.2.10.2. Type Portfolio
9.2.10.3. Financial Overview
9.2.11. COMPANY11
9.2.11.1. Overview
9.2.11.2. Type Portfolio
9.2.11.3. Financial Overview
9.2.12. COMPANY12
9.2.12.1. Overview
9.2.12.2. Type Portfolio
9.2.12.3. Financial Overview
9.2.13. COMPANY13
9.2.13.1. Overview
9.2.13.2. Type Portfolio
9.2.13.3. Financial Overview
9.2.14. COMPANY14
9.2.14.1. Overview
9.2.14.2. Type Portfolio
9.2.14.3. Financial Overview
9.2.15. COMPANY15
9.2.15.1. Overview
9.2.15.2. Type Portfolio
9.2.15.3. Financial Overview
10. Global Vitamin K2 Market Analysis By Region
10.1. Introduction
10.1.1. Market Value Share Analysis By Region
10.1.2. Y-o-Y Growth Analysis By Region
10.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Region
10.2.1. North America
10.2.2. Middle East and Africa
10.2.3. South America
10.2.4. Asia-Pacific
10.2.5. Others
10.3. Current Market Size (USD Mn) Forecast 2023-2030 By Region
10.3.1. North America
10.3.2. Middle East and Africa
10.3.3. South America
10.3.4. Asia-Pacific
10.3.5. Others
10.4. Market Attractiveness Analysis By Region
11. North America Vitamin K2 Analysis
11.1. Introduction
11.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
11.2.1. U.S.
11.2.2. Canada
11.2.3. Mexico
11.2.4. Rest of North America
11.3. Current Market Size (USD Mn) Forecast 2023-2030 By Country
11.3.1. U.S.
11.3.2. Canada
11.3.3. Mexico
11.3.4. Rest of North America
11.4. Historical Market Size (USD Mn) Analysis 2018-2022 By Type
11.5. Current Market Size (USD Mn) Forecast 2023-2030 By Type
11.6. Historical Market Size (USD Mn) Analysis 2018-2022 By Form
11.7. Current Market Size (USD Mn) Forecast 2023-2030 By Form
12. South America Vitamin K2 Analysis
12.1. Introduction
12.2. Regional Pricing Analysis
12.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
12.3.1. Brazil
12.3.2. Argentina
12.3.3. Rest of South America
12.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
12.4.1. Brazil
12.4.2. Argentina
12.4.3. Rest of South America
12.5. Historical Market Size (USD Mn) Analysis 2018-2022 By Type
12.6. Current Market Size (USD Mn) Forecast 2023-2030 By Type
12.7. Historical Market Size (USD Mn) Analysis 2018-2022 By Form
12.8. Current Market Size (USD Mn) Forecast 2023-2030 By Form
13. Europe Vitamin K2 Analysis
13.1. Introduction
13.2. Regional Pricing Analysis
13.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
13.3.1. Germany
13.3.2. Italy
13.3.3. France
13.3.4. Spain
13.3.5. U.K.
13.3.6. Rest of Europe
13.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
13.4.1. Germany
13.4.2. Italy
13.4.3. France
13.4.4. Spain
13.4.5. U.K.
13.4.6. Rest of Europe
13.5. Historical Market Size (USD Mn) Analysis 2018-2022 By Type
13.6. Current Market Size (USD Mn) Forecast 2023-2030 By Type
13.7. Historical Market Size (USD Mn) Analysis 2018-2022 By Form
13.8. Current Market Size (USD Mn) Forecast 2023-2030 By Form
14. Middle East and Africa Vitamin K2 Analysis
14.1. Introduction
14.2. Regional Pricing Analysis
14.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
14.3.1. Saudi Arabia
14.3.2. U.A.E.
14.3.3. South Africa
14.3.4. Turkey
14.3.5. Rest of Middle East and Africa
14.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
14.4.1. Saudi Arabia
14.4.2. U.A.E.
14.4.3. South Africa
14.4.4. Turkey
14.4.5. Rest of Middle East and Africa
15. Asia-Pacific Vitamin K2 Analysis
15.1. Introduction
15.2. Regional Pricing Analysis
15.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
15.3.1. China
15.3.2. India
15.3.3. Japan
15.3.4. South Korea
15.3.5. Singapore
15.3.6. Australia and New Zealand
15.3.7. Rest of Asia-Pacific
15.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
15.4.1. China
15.4.2. India
15.4.3. Japan
15.4.4. South Korea
15.4.5. Singapore
15.4.6. Australia and New Zealand
15.4.7. Rest of Asia-Pacific
i. Research Methodology
ii. Assumptions & Acronyms
LIST OF FIGURES
Figure 01: Global Vitamin K2 Market, BPS Analysis, By Type, 2018(H), 2023(E) & 2030(F)
Figure 02: Global Vitamin K2 Market, Y-O-Y Growth, By Type, 2020(A) - 2030(F)
Figure 03: Global Vitamin K2 Market Attractiveness Analysis, By Type (2020)
Figure 04: Global Vitamin K2 Market, BPS Analysis, By Form , 2018(H), 2023(E) & 2030(F)
Figure 05: Global Vitamin K2 Market, Y-O-Y Growth, By Form , 2018(H) - 2030(F)
Figure 06: Global Vitamin K2 Market Attractiveness Analysis, By Form
Figure 07: Global Vitamin K2 Market, Value Analysis, By Type, 2018(H)-2030(F)
Figure 08: Global Vitamin K2 Market, Value Analysis, by Material , 2018(H)-2030(F)
Figure 09: Global Vitamin K2 Market, BPS Analysis, by Region, 2018(H), 2023(E) & 2030(F)
Figure 10: Global Vitamin K2 Market, Y-O-Y Growth, by Region, 2018(H) - 2030(F)
Figure 11: Global Vitamin K2 Market Attractiveness Analysis, by Region
Figure 12: North America Vitamin K2 Value (USD Mn Forecast, 2018 – 2022
Figure 13: North America Vitamin K2 Value (USD Mn Forecast, 2023 – 2030
Figure 14: South America Vitamin K2 Value (USD Mn) Forecast, 2018 – 2022
Figure 15: South America Vitamin K2 Value (USD Mn) Forecast, 2023 – 2030
Figure 16: Europe Vitamin K2 Value (USD Mn) Forecast, 2018 – 2022
Figure 17: Europe Vitamin K2 Value (USD Mn) Forecast, 2023 – 2030
Figure 18: Middle East and Africa Vitamin K2 Value (USD Mn) Forecast, 2018 – 2022
LIST OF TABLES
Table 01: Global Vitamin K2 Market Value (USD Mn) Forecast, By Type, 2018(H) – 2030(F)
Table 02: Global Vitamin K2 Market Value (USD Mn) Forecast, By Form , 2018(H) – 2030(F)
Table 03: Global Vitamin K2 Market Value (USD Mn) Forecast, By Country, 2018(H) – 2030(F)
Table 04: North America Vitamin K2 Value (USD Mn) Forecast, By Country, 2018(H) – 2030(F)
Table 05: North America Vitamin K2 Value (USD Mn) Forecast, By Type, 2018(H) – 2030(F)
Table 06: North America Vitamin K2 Value (USD Mn) Forecast, By Form , 2018(H) – 2030(F)
Table 07: South America Vitamin K2 Value (USD Mn) Forecast, By Country, 2018(H) – 2030(F)
Table 08: South America Vitamin K2 Value (USD Mn) Forecast, By Type, 2018(H) – 2030(F)
Table 09: South America Vitamin K2 Value (USD Mn) Forecast, By Form , 2018(H) – 2030(F)
Table 10: Europe Vitamin K2 Value (USD Mn) and Forecast, By Country, 2018(H) – 2030(F)
Table 11: Europe Vitamin K2 Value (USD Mn) Forecast, By Type, 2018(H) – 2030(F)
Table 12: Europe Vitamin K2 Value (USD Mn) Forecast, By Form End User, 2018(H) – 2030(F)
Table 13: Middle East and Africa Vitamin K2 Value (USD Mn) Forecast, By Country, 2018(H) – 2030(F)
Table 14: Middle East and Africa Vitamin K2 Value (USD Mn) Forecast, By Type, 2018(H) – 2030(F)
Table 15: Middle East and Africa Vitamin K2 Value (USD Mn) Forecast, By Form , 2018(H) – 2030(F)
Table 16: Asia-Pacific Vitamin K2 Value (USD Mn) Forecast, by Country, 2018(H) – 2030(F)
Table 17: Asia-Pacific Vitamin K2 Value (USD Mn) Forecast, By Type, 2018(H) – 2030(F)
Table 18: Asia-Pacific Vitamin K2 Value (USD Mn) Forecast, By Form , 2018(H) – 2030(F)
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