According to a new report, published by KBV research, The Global Vitamin K2 Market size is expected to reach $297.1 million by 2031, rising at a market growth of 13.3% CAGR during the forecast period.
The MK-7 segment is leading the Global Vitamin K2 Market by Product Type in 2023, thereby, achieving a market value of $200.5 million by 2031. Natto, a traditional Japanese dish prepared from fermented soybeans, is a food that naturally contains MK-7, or menaquinone-7, a form of vitamin K2. The superior bioavailability and prolonged activity of MK-7 have made it a preferred choice for dietary supplements to improve bone and cardiovascular health. Scientific studies have demonstrated that MK-7 effectively supports bone mineralization by activating osteocalcin, a protein essential for binding calcium to the bone matrix.
The Capsules & Tablets segment is anticipating a CAGR of 13.7% during (2024 - 2031). Capsules and tablets are favored for their portability and long shelf life, allowing consumers to take their supplements on-the-go without concerns about spillage or degradation. The precise dosing provided by these forms ensures that consumers receive an accurate amount of vitamin K2 with each serving, which is crucial for maintaining consistent nutrient intake and achieving desired health outcomes. The versatility of capsules and tablets in combining multiple nutrients enhances their appeal.
The Health Supplements segment is leading the Global Vitamin K2 Market by Application in 2023; thereby, achieving a market value of $176.7 million by 2031. Health supplements are popular due to their convenience and ease of use. They come in various forms, including capsules, tablets, gummies, and liquid drops, catering to different consumer preferences and lifestyles. Health supplements are an appealing choice for those who wish to improve their overall health due to their capacity to guarantee consistent nutrient intake and precise dosing.
The Synthetic segment is registering a CAGR of 14% during (2024 - 2031). Synthetic vitamin K2 is produced through chemical synthesis or biotechnological methods, offering a consistent and controlled nutrient supply. One of the primary advantages of the synthetic segment is its cost-effectiveness and scalability. Synthetic production methods allow for the large-scale manufacture of vitamin K2, ensuring a steady and reliable supply to meet the growing demand. Synthetic vitamin K2, particularly menaquinone-4 (MK-4), is widely used in various dietary supplements and fortified foods.
Full Report: https://www.kbvresearch.com/vitamin-k2-market/
The Asia Pacific region dominated the Global Vitamin K2 Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $113.3 million by 2031. The North America region is exhibiting a CAGR of 12.6% during (2024 - 2031). Additionally, The Europe region would experience a CAGR of 12.9% during (2024 - 2031).
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