Vitamin A is a fat-soluble, unsaturated chemical component that may be found in a variety of natural foods, including carrots, eggs, milk, cheese, and other dairy products. It may also be made from fish oil, plants, and other bacterial carotenoid precursors. Retinol, beta-carotene, and traces of provitamin A carotenoids are the main components of vitamin A.
The worldwide vitamin A market is expected to reach US$ 2,933.7 million in revenue by the end of 2027, representing a CAGR of 5.9% during the projected period (2020 to 2027).
The worldwide vitamin A market is likely to be driven by rising dietary supplement use. Infants aged 6-11 months, for example, should drink 30 mg of retinol equivalent once every 4-6 months, while children aged 12-59 months should consume 60 mg of retinol equivalent once every 4-6 months, according to WHO standards. Furthermore, according to a World Health Organization (WHO) factsheet released on April 1, 2020, shortage of nutrients such as vitamin A, iron, or iodine causes roughly 45 percent of fatalities among children under the age of five worldwide. Vitamin A consumption is suggested for newborns and elderly people because it prevents ailments such as night blindness and diarrhea. As a result, numerous regulatory bodies have made guidelines for vitamin A consumption in the diet.
Furthermore, the market for vitamin A is predicted to rise due to the growing demand for anti-aging skin care products. Because of the presence of retinoic acid, which activates and changes immature skin cells and genes into mature epidermal cells, vitamin A aids the human body in maintaining excellent skin health. Isotretinoin (13-cis retinoic acid), for example, is extensively used to treat acne because of its ability to lower sebaceous gland output and growth. Furthermore, vitamin A can reduce the number of fine lines and wrinkles, which is a symptom of aging.
In terms of revenue, Europe dominated the worldwide vitamin A market in 2019, accounting for 42.9 percent of the market share, followed by the Asia Pacific and North America.