Los Angeles, December 13, 2019 – QY Research has added a new report to its repository of food and beverages market research studies. Titled “Global Vitamin K2 Market Report, History and Forecast 2014-2025,” the report provides exhaustive research studies on the regional expansion, competitive landscape, segmentation, and other key aspects of the global vitamin K2 market. According to the report, the global vitamin K2 market is expected to earn revenue of more than US$400.0 Mn by the end of 2025 as it grows at a gigantic CAGR of 24.6% between 2019 and 2025. In 2018, the global market revenue reached above US$80.0 Mn.
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Prevalence of Bleeding Disorders to Increase Demand: The demand for vitamin K2 is anticipated to improve in the coming years due to the growth in the incidence of coagulation disorders. Vitamin K deficiency is one of the major causes of coagulation disorders resulting in bleeding. Poor diet choices leading to the deficiency of vital vitamins such as vitamin K may further increase the demand in future. The need to avoid serious health problems occurring due to vitamin K insufficiency, such as increased risk of age-related diseases, fractures, vascular calcification, and cardiovascular disease, could create opportunities in the global vitamin K2 market.
MK-4 versus MK-7: The report offers in-depth insights on the growth of important product type segments of the global vitamin K2 market, such as MK-4, MK-7, and others including MK-9. It also provides detailed market analysis of two different forms of vitamin K2, viz. oil and powder. According to some research studies, the MK-7 form of vitamin K2 could be used as a novel pharmacological therapy in the treatment of rheumatoid arthritis. It has better bioavailability compared to MK-4 and also other practical benefits over MK-4, including single daily dosing instead of multiple doses.
Region-wise Distribution of Demand for Vitamin K2
Europe: Governments highlight the significance of the proper intake of important nutrients such as vitamin K. This could benefit the vitamin K2 market in Europe. The European Food Safety Authority has set up dietary reference values for vitamin K.
Asia Pacific: The problem of subclinical vitamin K deficiency in newborns could increase the requirement for vitamin K2 supplements and medicines in Thailand and other Southeast Asian countries.
Latin America and the Caribbean: The demand for vitamin K2 may be created as a result of increasing efforts of governments and healthcare organizations to achieve an optimal micronutrient status and reduce the prevalence of micronutrient deficiencies.
North America: This region could also contribute to the growth of the global vitamin K2 market due to strong use of different nutritional supplements and high incidence of bone diseases such as osteoporosis.
Product Quality and Brand Influence as Key Competitive Parameters: The report offers comprehensive analysis of the growth of leading players in the global vitamin K2 market. These include Kappa Bioscience, Kyowa Hakko, NattoPharma, Gnosis, Seebio Biotech, DSM, Guangdong Goodscend, Shanghai Reson Biotech, Viridis BioPharma, GeneFerm Biotechnology, Frutarom, and DuPont Nutrition and Health. Players operating in the global vitamin K2 market are anticipated to compete with each other mainly on the basis of product quality, price, and brand influence.
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