Vitamin A Market Growth, Statistics, Trends, Forecast Report, 2024

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Vitamin A Market Size, Analysis, Trends and
Forecast to 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
• Rise in disposable income accompanied with
  consumer inclination towards personal care is
  likely to drive cosmetic industry growth. Global
  cosmetic industry is poised to surpass USD 430
  billion with gains at over 4.5 by 2024. Vitamin
  A has strong application in personal care
  products as it improves epidermal cell hydration,
  improves blood flow and retains facial glow. It
  stimulates collagen growth, which in turn arrests
  aging breakdown and reduces facial fine line. It
  also reduces melanin growth leading to
  pigmentation and dark spots due to aging process.
  Growing awareness regarding personal hygiene and
  wellbeing along with rising anti-aging skin care
  products demand should favour industry growth.

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Competitive Market Share of Vitamin A Market

• 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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