Vitamin K3 market to surpass USD 125 million by 2027, attaining a CAGR of 5.2%

2022-06-23 02:54:51 UTC | Food & Beverages
Vitamin K3 market to surpass USD 125 million by 2027, attaining a CAGR of 5.2%
Menadione, sometimes called vitamin K3, is a natural organic compound with the formula C₆H₄(CO)₂C₂H. It is an analog of 1,4-naphthoquinone with a methyl group in the 2-position. It is use as a nutritional supplement in animal feed because of its vitamin K activity. According to Gen Consulting Company, the global vitamin k3 market is set to achieve an incremental growth of USD 33 million, acelerating at a CAGR of almost 5.2% during the forecast period 2021-2027.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global vitamin k3 market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the vitamin k3 industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the application, and region. The global market for vitamin k3 can be segmented by application: animal nutrition, pharmaceuticals & cosmetics, food. Vitamin k3 market is further segmented by region: Asia Pacific, Europe, North America, Middle East and Africa (MEA), South America.

By application:
- animal nutrition
- pharmaceuticals & cosmetics
- food

By region:
- Asia Pacific
- Europe
- North America
- Middle East and Africa (MEA)
- South America

The market research report covers the analysis of key stake holders of the global vitamin k3 market. Some of the leading players profiled in the report include ​​​OXYVIT Kimya Sanayii ve Ticaret A.S., Brother Enterprises Holding Co., Ltd., Dirox S.A., Jiangsu Yong Pharmaceutical Co., Ltd., Mianyang Vanetta Pharmaceutical Technology Co., Ltd., Weifang Tongrun Chemical Co., Ltd., Yunnan Luliang Peace Technology Co. Ltd., among others.

Historical & Forecast Period
This research report provides analysis for each segment from 2017 to 2027 considering 2020 to be the base year.

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Scope of the Report
- To analyze and forecast the market size of the global vitamin k3 market.
- To classify and forecast the global vitamin k3 market based on application, region.
- To identify drivers and challenges for the global vitamin k3 market.
- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global vitamin k3 market.
- To identify and analyze the profile of leading players operating in the global vitamin k3 market.

Why Choose This Report
- Gain a reliable outlook of the global vitamin k3 market forecasts from 2021 to 2027 across scenarios.
- Identify growth segments for investment.
- Stay ahead of competitors through company profiles and market data.
- The market estimate for ease of analysis across scenarios in Excel format.
- Strategy consulting and research support for three months.
- Print authentication provided for the single-user license.