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Vitamin K2 Market Size Worth $290.3 Million by 2026

by Nicholas Saraceno | June 30, 2020

The global vitamin K2 market size is expected to reach USD 290.3 million by 2026, according to a new study by Polaris Market Research. The report “Vitamin K2 Market Share, Size, Trends, Industry Analysis Report By Product (MK-4, and MK-7), By Application (Pharmaceuticals, Nutraceuticals & Food, Others); By Source (Natural, Synthetic, Others); By Regions, Segment Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The alarming cases of vitamin deficiency in humans are anticipated to be a primary trigger for demand in the global market. A study conducted by the Food & Agriculture Organization of United Nations (FAO) in the year 2018 revealed that vitamin K deficiency bleeding (VKDB) in infants has emerged to be a major concern for infant mortality. Such incidences are anticipated to be the primary demand generators over the forecast period.

Osteoporosis is another major ailment which constraints growth of new tissues in the human body. More than 38 million people globally suffered of osteoporosis between 2017-18, as per Osteoporosis Foundation statistics. Hence, compensation of calcium deficiency in the human body is expected to be the main area of vitamin K2 consumption. Multi-functional ingredients ensure extended shelf life of foods, and significantly improve the texture and taste of the end products.

For more information, visit https://www.polarismarketresearch.com/industry-analysis/vitamin-k2-market.

 

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