Vitamin A Market in dietary supplement sector to hit $275bn by 2024

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Vitamin A Market in dietary supplement sector to
hit 275bn by 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Regional Analysis of Vitamin A Market

• North America, driven by Canada and the U.S.
  vitamin A market size may witness strong growth
  over the forecast timeframe. Increasing consumer
  spending on cosmetic and skin care products
  should drive regional growth. Strong application
  scope in medical and pharmaceutical industries
  should drive industry growth. Favorable
  regulations by FDA may enhance industry growth.
• Europe, vitamin A market size, driven by UK,
  France, Italy, and Germany, may witness
  significant gains owing to change in lifestyle
  accompanied by increase in fortified food
  consumption, thereby driving regional industry
  growth. Strict regulations to promote consumption
  of balanced diet by EU community may favour
  product demand.
• Asia Pacific driven by India, South Korea, Japan,
  and China vitamin A market size may witness
  significant growth over the foreseeable
  timeframe. Rise in teenage population and growing
  awareness for skin treatment cream in China and
  India can favour regional industry growth. Rise
  in economic standards supported by rapid
  urbanization has led to shift in consumer focus
  towards healthy diets may drive regional industry
  growth.

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• Application Analysis of Vitamin A Market
• About 90 teen population suffer from Acne issue
  and over 50 continues symptom in adulthood which
  has led to consumer adoption towards acne
  treatments thereby stimulating product demand.
  Vitamin A provides retinol form sebum and reduces
  dry skin and oil generation thereby treats acne.
  Retinol and anti- oxidants nourishes skin from
  inside and makes skin healthy.
• Vitamin A plays decreases vision loss possibility
  and has strong application scope in vision care
  products. The global eye care industry is values
  at over USD 35 billion in 2016. It is available
  in ointment and eye drop form and used by
  consumer to treat dry eyes syndrome. Myopia is
  most common disorder accounting around 1.6
  billion worlds population in 2016. Vitamin A
  reduces aging related macular degeneration
  (ARMD), glaucoma and cataracts risk and preserves
  vision.

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Competitive Market Share of Vitamin A Market

• Fish liver oil is the key raw materials used for
  its production process. Also, it can be
  synthesized from acetone. Fluctuating raw
  material cost may widen supply demand gap and
  affect vitamin A market price trend.
• Global vitamin A market share is consolidated.
  Key companies operating in the market includes
  DSM, BASF, ABH Pharma, Parchem, Zhejiang and
  Kingdomway. Most of the companies are expanding
  their business to enhance their regional presence
  and product portfolio.
• For example, BASF expanded its vitamin A
  production capacity by 1,500 metric tons to meet
  the global micronutrient demand.

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