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LAMEA Vitamin K2 Market Size, Share & Trends Analysis Report By Product Type (MK-7 and MK-4), By Form (Powder & Crystalline, Capsules & Tablets, and Oils & Liquid), By Application, By Country and Growth Forecast, 2024 - 2031

Published Date : 08-Aug-2024

Pages: 112

Formats: PDF

The Latin America, Middle East and Africa Vitamin K2 Market would witness market growth of 15.7% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Vitamin K2 Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $6,729.8 Thousands by 2031. The Argentina market is showcasing a CAGR of 16.6% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 15.3% during (2024 - 2031).

LAMEA Vitamin K2 Market

The primary causes of mortality worldwide are cardiovascular diseases (CVDs), which include stroke and heart disease. According to the World Health Organization (WHO), cardiovascular diseases are responsible for around 17.9 million fatalities annually, which together account for 31% of all deaths that occur worldwide.

Moreover, arterial calcification is a significant factor in the development of cardiovascular disease. Vitamin K2 has been shown to play a vital role in preventing arterial calcification. It activates matrix Gla-protein (MGP), which inhibits calcium from depositing in the arteries, thus maintaining arterial flexibility and health.

As economies in LAMEA countries develop, disposable income increases, leading to more spending on preventative healthcare and supplements. Rapid urbanization across LAMEA regions often leads to lifestyle changes, including increased processed food consumption and decreased physical activity. This can contribute to vitamin deficiencies, potentially driving demand for vitamin K2 supplements.

Free Valuable Insights: The Worldwide Vitamin K2 Market is Projected to reach USD 297.1 Million by 2031, at a CAGR of 13.3%

Based on Product Type, the market is segmented into MK-7 and MK-4. Based on Form, the market is segmented into Powder & Crystalline, Capsules & Tablets, and Oils & Liquid. Based on Application, the market is segmented into Health Supplements, Pharmaceutical, and Functional Food & Beverages. Based on Source, the market is segmented into Natural and Synthetic. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • Balchem Corporation
  • Novozymes A/S (Novo Holdings A/S)
  • BASF SE
  • Lonza Group Ltd. (Capsugel)
  • Haihang Industry Co.,Ltd. (Haihang Group)
  • AngelYeast Co., Ltd.
  • Kyowa Hakko USA, Inc.
  • Lesaffre Group
  • DSM Nutritional Products
  • Herbalife International, Inc.

LAMEA Vitamin K2 Market Report Segmentation

By Product Type

  • MK-7
  • MK-4

By Form

  • Powder & Crystalline
  • Capsules & Tablets
  • Oils & Liquid

By Application

  • Health Supplements
  • Pharmaceutical
  • Functional Food & Beverages

By Source

  • Natural
  • Synthetic

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Vitamin K2 Market, by Product Type
1.4.2 LAMEA Vitamin K2 Market, by Form
1.4.3 LAMEA Vitamin K2 Market, by Application
1.4.4 LAMEA Vitamin K2 Market, by Source
1.4.5 LAMEA Vitamin K2 Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. LAMEA Vitamin K2 Market by Product Type
4.1 LAMEA MK-7 Market by Country
4.2 LAMEA MK-4 Market by Country

Chapter 5. LAMEA Vitamin K2 Market by Form
5.1 LAMEA Powder & Crystalline Market by Country
5.2 LAMEA Capsules & Tablets Market by Country
5.3 LAMEA Oils & Liquid Market by Country

Chapter 6. LAMEA Vitamin K2 Market by Application
6.1 LAMEA Health Supplements Market by Country
6.2 LAMEA Pharmaceutical Market by Country
6.3 LAMEA Functional Food & Beverages Market by Country

Chapter 7. LAMEA Vitamin K2 Market by Source
7.1 LAMEA Natural Market by Country
7.2 LAMEA Synthetic Market by Country

Chapter 8. LAMEA Vitamin K2 Market by Country
8.1 Brazil Vitamin K2 Market
8.1.1 Brazil Vitamin K2 Market by Product Type
8.1.2 Brazil Vitamin K2 Market by Form
8.1.3 Brazil Vitamin K2 Market by Application
8.1.4 Brazil Vitamin K2 Market by Source
8.2 Argentina Vitamin K2 Market
8.2.1 Argentina Vitamin K2 Market by Product Type
8.2.2 Argentina Vitamin K2 Market by Form
8.2.3 Argentina Vitamin K2 Market by Application
8.2.4 Argentina Vitamin K2 Market by Source
8.3 UAE Vitamin K2 Market
8.3.1 UAE Vitamin K2 Market by Product Type
8.3.2 UAE Vitamin K2 Market by Form
8.3.3 UAE Vitamin K2 Market by Application
8.3.4 UAE Vitamin K2 Market by Source
8.4 Saudi Arabia Vitamin K2 Market
8.4.1 Saudi Arabia Vitamin K2 Market by Product Type
8.4.2 Saudi Arabia Vitamin K2 Market by Form
8.4.3 Saudi Arabia Vitamin K2 Market by Application
8.4.4 Saudi Arabia Vitamin K2 Market by Source
8.5 South Africa Vitamin K2 Market
8.5.1 South Africa Vitamin K2 Market by Product Type
8.5.2 South Africa Vitamin K2 Market by Form
8.5.3 South Africa Vitamin K2 Market by Application
8.5.4 South Africa Vitamin K2 Market by Source
8.6 Nigeria Vitamin K2 Market
8.6.1 Nigeria Vitamin K2 Market by Product Type
8.6.2 Nigeria Vitamin K2 Market by Form
8.6.3 Nigeria Vitamin K2 Market by Application
8.6.4 Nigeria Vitamin K2 Market by Source
8.7 Rest of LAMEA Vitamin K2 Market
8.7.1 Rest of LAMEA Vitamin K2 Market by Product Type
8.7.2 Rest of LAMEA Vitamin K2 Market by Form
8.7.3 Rest of LAMEA Vitamin K2 Market by Application
8.7.4 Rest of LAMEA Vitamin K2 Market by Source

Chapter 9. Company Profiles
9.1 Balchem Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional & Segmental Analysis
9.1.4 Research & Development Expenses
9.1.5 SWOT Analysis
9.2 Novozymes A/S (Novo Holdings A/S)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional Analysis
9.2.4 Research & Development Expenses
9.3 BASF SE
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 SWOT Analysis
9.4 Lonza Group Ltd. (Capsugel)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 SWOT Analysis
9.5 Haihang Industry Co., Ltd. (Haihang Group)
9.5.1 Company Overview
9.6 AngelYeast Co., Ltd.
9.6.1 Company Overview
9.6.2 SWOT Analysis
9.7 Kyowa Hakko USA, Inc.
9.7.1 Company Overview
9.8 Lesaffre Group
9.8.1 Company Overview
9.8.2 SWOT Analysis
9.9 Anderson Global Group, LLC
9.9.1 Company Overview
9.10. Herbalife International, Inc.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Regional Analysis
9.10.4 SWOT Analysis
TABLE 1 LAMEA Vitamin K2 Market, 2020 - 2023, USD Thousands
TABLE 2 LAMEA Vitamin K2 Market, 2024 - 2031, USD Thousands
TABLE 3 LAMEA Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
TABLE 4 LAMEA Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
TABLE 5 LAMEA MK-7 Market by Country, 2020 - 2023, USD Thousands
TABLE 6 LAMEA MK-7 Market by Country, 2024 - 2031, USD Thousands
TABLE 7 LAMEA MK-4 Market by Country, 2020 - 2023, USD Thousands
TABLE 8 LAMEA MK-4 Market by Country, 2024 - 2031, USD Thousands
TABLE 9 LAMEA Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
TABLE 10 LAMEA Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
TABLE 11 LAMEA Powder & Crystalline Market by Country, 2020 - 2023, USD Thousands
TABLE 12 LAMEA Powder & Crystalline Market by Country, 2024 - 2031, USD Thousands
TABLE 13 LAMEA Capsules & Tablets Market by Country, 2020 - 2023, USD Thousands
TABLE 14 LAMEA Capsules & Tablets Market by Country, 2024 - 2031, USD Thousands
TABLE 15 LAMEA Oils & Liquid Market by Country, 2020 - 2023, USD Thousands
TABLE 16 LAMEA Oils & Liquid Market by Country, 2024 - 2031, USD Thousands
TABLE 17 LAMEA Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
TABLE 18 LAMEA Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
TABLE 19 LAMEA Health Supplements Market by Country, 2020 - 2023, USD Thousands
TABLE 20 LAMEA Health Supplements Market by Country, 2024 - 2031, USD Thousands
TABLE 21 LAMEA Pharmaceutical Market by Country, 2020 - 2023, USD Thousands
TABLE 22 LAMEA Pharmaceutical Market by Country, 2024 - 2031, USD Thousands
TABLE 23 LAMEA Functional Food & Beverages Market by Country, 2020 - 2023, USD Thousands
TABLE 24 LAMEA Functional Food & Beverages Market by Country, 2024 - 2031, USD Thousands
TABLE 25 LAMEA Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
TABLE 26 LAMEA Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
TABLE 27 LAMEA Natural Market by Country, 2020 - 2023, USD Thousands
TABLE 28 LAMEA Natural Market by Country, 2024 - 2031, USD Thousands
TABLE 29 LAMEA Synthetic Market by Country, 2020 - 2023, USD Thousands
TABLE 30 LAMEA Synthetic Market by Country, 2024 - 2031, USD Thousands
TABLE 31 LAMEA Vitamin K2 Market by Country, 2020 - 2023, USD Thousands
TABLE 32 LAMEA Vitamin K2 Market by Country, 2024 - 2031, USD Thousands
TABLE 33 Brazil Vitamin K2 Market, 2020 - 2023, USD Thousands
TABLE 34 Brazil Vitamin K2 Market, 2024 - 2031, USD Thousands
TABLE 35 Brazil Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
TABLE 36 Brazil Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
TABLE 37 Brazil Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
TABLE 38 Brazil Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
TABLE 39 Brazil Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
TABLE 40 Brazil Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
TABLE 41 Brazil Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
TABLE 42 Brazil Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
TABLE 43 Argentina Vitamin K2 Market, 2020 - 2023, USD Thousands
TABLE 44 Argentina Vitamin K2 Market, 2024 - 2031, USD Thousands
TABLE 45 Argentina Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
TABLE 46 Argentina Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
TABLE 47 Argentina Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
TABLE 48 Argentina Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
TABLE 49 Argentina Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
TABLE 50 Argentina Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
TABLE 51 Argentina Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
TABLE 52 Argentina Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
TABLE 53 UAE Vitamin K2 Market, 2020 - 2023, USD Thousands
TABLE 54 UAE Vitamin K2 Market, 2024 - 2031, USD Thousands
TABLE 55 UAE Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
TABLE 56 UAE Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
TABLE 57 UAE Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
TABLE 58 UAE Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
TABLE 59 UAE Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
TABLE 60 UAE Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
TABLE 61 UAE Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
TABLE 62 UAE Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
TABLE 63 Saudi Arabia Vitamin K2 Market, 2020 - 2023, USD Thousands
TABLE 64 Saudi Arabia Vitamin K2 Market, 2024 - 2031, USD Thousands
TABLE 65 Saudi Arabia Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
TABLE 66 Saudi Arabia Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
TABLE 67 Saudi Arabia Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
TABLE 68 Saudi Arabia Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
TABLE 69 Saudi Arabia Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
TABLE 70 Saudi Arabia Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
TABLE 71 Saudi Arabia Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
TABLE 72 Saudi Arabia Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
TABLE 73 South Africa Vitamin K2 Market, 2020 - 2023, USD Thousands
TABLE 74 South Africa Vitamin K2 Market, 2024 - 2031, USD Thousands
TABLE 75 South Africa Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
TABLE 76 South Africa Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
TABLE 77 South Africa Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
TABLE 78 South Africa Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
TABLE 79 South Africa Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
TABLE 80 South Africa Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
TABLE 81 South Africa Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
TABLE 82 South Africa Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
TABLE 83 Nigeria Vitamin K2 Market, 2020 - 2023, USD Thousands
TABLE 84 Nigeria Vitamin K2 Market, 2024 - 2031, USD Thousands
TABLE 85 Nigeria Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
TABLE 86 Nigeria Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
TABLE 87 Nigeria Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
TABLE 88 Nigeria Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
TABLE 89 Nigeria Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
TABLE 90 Nigeria Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
TABLE 91 Nigeria Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
TABLE 92 Nigeria Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
TABLE 93 Rest of LAMEA Vitamin K2 Market, 2020 - 2023, USD Thousands
TABLE 94 Rest of LAMEA Vitamin K2 Market, 2024 - 2031, USD Thousands
TABLE 95 Rest of LAMEA Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
TABLE 96 Rest of LAMEA Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
TABLE 97 Rest of LAMEA Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
TABLE 98 Rest of LAMEA Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
TABLE 99 Rest of LAMEA Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
TABLE 100 Rest of LAMEA Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
TABLE 101 Rest of LAMEA Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
TABLE 102 Rest of LAMEA Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
TABLE 103 Key information – Balchem Corporation
TABLE 104 Key Information – Novozymes A/S
TABLE 105 Key Information – BASF SE
TABLE 106 Key Information –Lonza Group Ltd.
TABLE 107 Key Information – Haihang Industry CO., LTD.
TABLE 108 Key Information – AngelYeast Co., Ltd.
TABLE 109 Key Information – Kyowa Hakko USA, Inc.
TABLE 110 Key Information – Lesaffre Group
TABLE 111 Key Information – Anderson Global Group, LLC
TABLE 112 Key information – Herbalife International, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Vitamin K2 Market, 2020 - 2031 USD Thousands
FIG 3 Key Factors Impacting Vitamin K2Market
FIG 4 Porter’s Five Forces Analysis – Vitamin K2 Market
FIG 5 LAMEA Vitamin K2 Market share by Product Type, 2023
FIG 6 LAMEA Vitamin K2 Market share by Product Type, 2031
FIG 7 LAMEA Vitamin K2 Market by Product Type, 2020 - 2031, USD Thousands
FIG 8 LAMEA Vitamin K2 Market share by Form, 2023
FIG 9 LAMEA Vitamin K2 Market share by Form, 2031
FIG 10 LAMEA Vitamin K2 Market by Form, 2020 - 2031, USD Thousands
FIG 11 LAMEA Vitamin K2 Market share by Application, 2023
FIG 12 LAMEA Vitamin K2 Market share by Application, 2031
FIG 13 LAMEA Vitamin K2 Market by Application, 2020 - 2031, USD Thousands
FIG 14 LAMEA Vitamin K2 Market share by Source, 2023
FIG 15 LAMEA Vitamin K2 Market share by Source, 2031
FIG 16 LAMEA Vitamin K2 Market by Source, 2020 - 2031, USD Thousands
FIG 17 LAMEA Vitamin K2 Market share by Country, 2023
FIG 18 LAMEA Vitamin K2 Market share by Country, 2031
FIG 19 LAMEA Vitamin K2 Market by Country, 2020 - 2031, USD Thousands
FIG 20 Swot Analysis: Balchem Corporation
FIG 21 SWOT Analysis: BASF SE
FIG 22 Swot Analysis: Lonza Group Ltd.
FIG 23 SWOT Analysis: AngelYeast Co., Ltd.
FIG 24 SWOT Analysis: Lesaffre Group
FIG 25 Swot Analysis: Swanson Health Products, Inc.

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