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
By Form
- Powder & Crystalline
- Capsules & Tablets
- Oils & Liquid
By Application
- Health Supplements
- Pharmaceutical
- Functional Food & Beverages
By Source
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Vitamin K2 Market, by Product Type
1.4.2 North America Vitamin K2 Market, by Form
1.4.3 North America Vitamin K2 Market, by Application
1.4.4 North America Vitamin K2 Market, by Source
1.4.5 North America 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. North America Vitamin K2 Market by Product Type
4.1 North America MK-7 Market by Region
4.2 North America MK-4 Market by Region
Chapter 5. North America Vitamin K2 Market by Form
5.1 North America Powder & Crystalline Market by Country
5.2 North America Capsules & Tablets Market by Country
5.3 North America Oils & Liquid Market by Country
Chapter 6. North America Vitamin K2 Market by Application
6.1 North America Health Supplements Market by Country
6.2 North America Pharmaceutical Market by Country
6.3 North America Functional Food & Beverages Market by Country
Chapter 7. North America Vitamin K2 Market by Source
7.1 North America Natural Market by Country
7.2 North America Synthetic Market by Country
Chapter 8. North America Vitamin K2 Market by Country
8.1 US Vitamin K2 Market
8.1.1 US Vitamin K2 Market by Product Type
8.1.2 US Vitamin K2 Market by Form
8.1.3 US Vitamin K2 Market by Application
8.1.4 US Vitamin K2 Market by Source
8.2 Canada Vitamin K2 Market
8.2.1 Canada Vitamin K2 Market by Product Type
8.2.2 Canada Vitamin K2 Market by Form
8.2.3 Canada Vitamin K2 Market by Application
8.2.4 Canada Vitamin K2 Market by Source
8.3 Mexico Vitamin K2 Market
8.3.1 Mexico Vitamin K2 Market by Product Type
8.3.2 Mexico Vitamin K2 Market by Form
8.3.3 Mexico Vitamin K2 Market by Application
8.3.4 Mexico Vitamin K2 Market by Source
8.4 Rest of North America Vitamin K2 Market
8.4.1 Rest of North America Vitamin K2 Market by Product Type
8.4.2 Rest of North America Vitamin K2 Market by Form
8.4.3 Rest of North America Vitamin K2 Market by Application
8.4.4 Rest of North America 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 North America Vitamin K2 Market, 2020 - 2023, USD Thousands
TABLE 2 North America Vitamin K2 Market, 2024 - 2031, USD Thousands
TABLE 3 North America Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
TABLE 4 North America Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
TABLE 5 North America MK-7 Market by Region, 2020 - 2023, USD Thousands
TABLE 6 North America MK-7 Market by Region, 2024 - 2031, USD Thousands
TABLE 7 North America MK-4 Market by Region, 2020 - 2023, USD Thousands
TABLE 8 North America MK-4 Market by Region, 2024 - 2031, USD Thousands
TABLE 9 North America Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
TABLE 10 North America Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
TABLE 11 North America Powder & Crystalline Market by Country, 2020 - 2023, USD Thousands
TABLE 12 North America Powder & Crystalline Market by Country, 2024 - 2031, USD Thousands
TABLE 13 North America Capsules & Tablets Market by Country, 2020 - 2023, USD Thousands
TABLE 14 North America Capsules & Tablets Market by Country, 2024 - 2031, USD Thousands
TABLE 15 North America Oils & Liquid Market by Country, 2020 - 2023, USD Thousands
TABLE 16 North America Oils & Liquid Market by Country, 2024 - 2031, USD Thousands
TABLE 17 North America Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
TABLE 18 North America Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
TABLE 19 North America Health Supplements Market by Country, 2020 - 2023, USD Thousands
TABLE 20 North America Health Supplements Market by Country, 2024 - 2031, USD Thousands
TABLE 21 North America Pharmaceutical Market by Country, 2020 - 2023, USD Thousands
TABLE 22 North America Pharmaceutical Market by Country, 2024 - 2031, USD Thousands
TABLE 23 North America Functional Food & Beverages Market by Country, 2020 - 2023, USD Thousands
TABLE 24 North America Functional Food & Beverages Market by Country, 2024 - 2031, USD Thousands
TABLE 25 North America Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
TABLE 26 North America Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
TABLE 27 North America Natural Market by Country, 2020 - 2023, USD Thousands
TABLE 28 North America Natural Market by Country, 2024 - 2031, USD Thousands
TABLE 29 North America Synthetic Market by Country, 2020 - 2023, USD Thousands
TABLE 30 North America Synthetic Market by Country, 2024 - 2031, USD Thousands
TABLE 31 North America Vitamin K2 Market by Country, 2020 - 2023, USD Thousands
TABLE 32 North America Vitamin K2 Market by Country, 2024 - 2031, USD Thousands
TABLE 33 US Vitamin K2 Market, 2020 - 2023, USD Thousands
TABLE 34 US Vitamin K2 Market, 2024 - 2031, USD Thousands
TABLE 35 US Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
TABLE 36 US Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
TABLE 37 US Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
TABLE 38 US Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
TABLE 39 US Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
TABLE 40 US Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
TABLE 41 US Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
TABLE 42 US Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
TABLE 43 Canada Vitamin K2 Market, 2020 - 2023, USD Thousands
TABLE 44 Canada Vitamin K2 Market, 2024 - 2031, USD Thousands
TABLE 45 Canada Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
TABLE 46 Canada Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
TABLE 47 Canada Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
TABLE 48 Canada Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
TABLE 49 Canada Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
TABLE 50 Canada Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
TABLE 51 Canada Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
TABLE 52 Canada Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
TABLE 53 Mexico Vitamin K2 Market, 2020 - 2023, USD Thousands
TABLE 54 Mexico Vitamin K2 Market, 2024 - 2031, USD Thousands
TABLE 55 Mexico Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
TABLE 56 Mexico Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
TABLE 57 Mexico Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
TABLE 58 Mexico Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
TABLE 59 Mexico Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
TABLE 60 Mexico Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
TABLE 61 Mexico Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
TABLE 62 Mexico Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
TABLE 63 Rest of North America Vitamin K2 Market, 2020 - 2023, USD Thousands
TABLE 64 Rest of North America Vitamin K2 Market, 2024 - 2031, USD Thousands
TABLE 65 Rest of North America Vitamin K2 Market by Product Type, 2020 - 2023, USD Thousands
TABLE 66 Rest of North America Vitamin K2 Market by Product Type, 2024 - 2031, USD Thousands
TABLE 67 Rest of North America Vitamin K2 Market by Form, 2020 - 2023, USD Thousands
TABLE 68 Rest of North America Vitamin K2 Market by Form, 2024 - 2031, USD Thousands
TABLE 69 Rest of North America Vitamin K2 Market by Application, 2020 - 2023, USD Thousands
TABLE 70 Rest of North America Vitamin K2 Market by Application, 2024 - 2031, USD Thousands
TABLE 71 Rest of North America Vitamin K2 Market by Source, 2020 - 2023, USD Thousands
TABLE 72 Rest of North America Vitamin K2 Market by Source, 2024 - 2031, USD Thousands
TABLE 73 Key information – Balchem Corporation
TABLE 74 Key Information – Novozymes A/S
TABLE 75 Key Information – BASF SE
TABLE 76 Key Information –Lonza Group Ltd.
TABLE 77 Key Information – Haihang Industry CO., LTD.
TABLE 78 Key Information – AngelYeast Co., Ltd.
TABLE 79 Key Information – Kyowa Hakko USA, Inc.
TABLE 80 Key Information – Lesaffre Group
TABLE 81 Key Information – Anderson Global Group, LLC
TABLE 82 Key information – Herbalife International, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Vitamin K2 Market share by Product Type, 2023
FIG 6 North America Vitamin K2 Market share by Product Type, 2031
FIG 7 North America Vitamin K2 Market by Product Type, 2020 - 2031, USD Thousands
FIG 8 North America Vitamin K2 Market share by Form, 2023
FIG 9 North America Vitamin K2 Market share by Form, 2031
FIG 10 North America Vitamin K2 Market by Form, 2020 - 2031, USD Thousands
FIG 11 North America Vitamin K2 Market share by Application, 2023
FIG 12 North America Vitamin K2 Market share by Application, 2031
FIG 13 North America Vitamin K2 Market by Application, 2020 - 2031, USD Thousands
FIG 14 North America Vitamin K2 Market share by Source, 2023
FIG 15 North America Vitamin K2 Market share by Source, 2031
FIG 16 North America Vitamin K2 Market by Source, 2020 - 2031, USD Thousands
FIG 17 North America Vitamin K2 Market share by Country, 2023
FIG 18 North America Vitamin K2 Market share by Country, 2031
FIG 19 North America 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.