Rising Demand for Vitamin A from Different End-use Industries and Increasing Predominance of Vitamin A Deficiency are Fueling the Growth of Food Grade Vitamin A Market during the Forecast Period 2023-2028

The Food Grade Vitamin A Market size is estimated to grow at a CAGR of 4.9% during the forecast period 2023-2028 and would reach an estimated revenue of $828.3 million by 2028. The growth of the Food Grade Vitamin A Market is greatly fueled by the rising demand for vitamin A from different end-use industries like food & beverages and the increasing predominance of vitamin A deficiency. Obesity harms the capability of the body to utilize vitamin A suitably and results in a lack of vitamin A in principal organs, as per novel research conducted at Weill Cornell Medicine. Malnutrition may include vitamin A deficiency. While investigating vitamin A in human nutrition, the principal sources of vitamin A include preformed vitamin A in animal foods or from the carotene in green plants. North America (Food Grade Vitamin A Market) held the largest share of the Food Grade Vitamin A market with 35% of the overall market in 2022.

Food Grade Vitamin A Market Growth Drivers:

Indirect Role of Vitamin A in Weight Loss:

Obesity and malnutrition are widespread currently. As per World Health Organization (WHO), “obesity is one side of the double burden of malnutrition and 39 million children under the age of 5 were overweight or obese in 2020”. Vitamin A is an indirect confederate in assisting people to lose weight. Vitamin A offers enormous cellular backing in organs that can assist the body on a metabolic level. Vitamin A is an antioxidant. Food items rich in antioxidants including vitamin A would automatically be great for losing weight. The indirect role of vitamin A in weight loss is therefore driving the growth of the Food Grade Vitamin A Market.

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Vital Role of Vitamin A in Human Nutrition:

To keep up sufficient levels of vitamin A, researchers concluded that the human body needs 6.7 mcg of vitamin per kilogram of body weight. Preformed vitamin A is greatly bioavailable and the human body absorbs nearly 70-90% of dietary retinol. Vitamin A improves immune response. Vitamin A plays a vital role in vision and also adapts vision to the dark. It may decrease the risk of cancer and cardiovascular disease. The vital role of vitamin A in human nutrition is therefore propelling the growth of the Food Grade Vitamin A Market.

Expansion

In July 2022, BASF extended its world-scale formulation capacities at its Verbund site in Ludwigshafen. The state-of-the-art facility is completely combined into vitamin production at the site. It would back and further extend the production of high-quality vitamin A powder products for the animal nutrition industry.

Food Grade Vitamin A Market: Competitive Landscape