The strongest annual growth of vitamins is forecast to occur in Slovenia
The strongest annual growth of vitamins is forecast to occur in Slovenia
A new market research report entitled “vitamin and provitamin markets in teh world to 2018 states that the expansion of the global vitamin and provitamin industry is forecast to reach 2.6% p.a. in the coming years. Between 2007 and 2013 the market increased with an average annual growth of 8.0%.
Currently, vitamin E accounts for 37.0% of the global demand while the remaining market share is divided between vitamin C (17.4%), vitamin A (5.2%), vitamin B1 (4.4%), vitamin B6 (4.0%), vitamin B12 (3.8%), vitamin B3 and B5 (3.0%), vitamin B2 (2.7%) and other vitamins and provitamins (22.5%).
China, India, Japan, Singapore, and the United States represent the largest vitamin and provitamin markets while the strongest annual growth is forecast to occur in Slovenia (42.4%), Belgium (22.0%), Netherlands (14.2%), Panama (11.3%), Slovakia (10.9%).
