North America 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

Analysis of Market Size & Trends

The North America Vitamin K2 Market would witness market growth of 12.6% CAGR during the forecast period (2024-2031).

The US market dominated the North America Vitamin K2 Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $59,756.7 Thousands by 2031. The Canada market is experiencing a CAGR of 15% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 14.1% during (2024 - 2031).

The population's aging is a substantial factor that is driving the demand for vitamin K2. The frequency of age-related health issues, such as cardiovascular and osteoporosis diseases, is increasing in tandem with the growing number of aged people.

Additionally, the elderly are at a significant risk of fractures due to osteoporosis, a condition that is marked by compromised bones. Clinical studies have demonstrated that supplementation with vitamin K2 can substantially reduce bone loss and improve bone strength, making it a valuable tool in the fight against osteoporosis.

North America is a crucial region in the market, characterized by high consumer awareness and a robust dietary supplement industry. The United States and Canada are the primary markets within this region, driving significant growth and demand for vitamin K2 products. The demand for vitamin K2 supplements in North America is significantly influenced by the rising prevalence of chronic diseases, including osteoporosis and cardiovascular disease.

Free Valuable Insights: The Vitamin K2 Market is Predict 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 U.S., Mexico, Canada, and Rest of North America.

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.

North America 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

• US
• Canada
• Mexico
• Rest of North America