Vitamin Shot Market 2024 Growth Drivers, Regional Outlook Till 2034
According to Future Market Insights (FMI), the vitamin shot market is set to be valued at US$ 619.8 million in 2024 and reach US$ 988.4 million by 2034. The market is anticipated to surge at a CAGR of 4.8% in the forecast period from 2024 to 2034.
The vitamin shot industry is
experiencing growth due to several influencing factors. There is a surging
awareness of the importance of maintaining optimal nutrient levels for health
and well-being. Several people recognize that their diets may not always
provide sufficient amounts of essential vitamins and minerals. This leads them
to seek out alternative methods of supplementation.
Busy lifestyles and high levels
of stress have become commonplace in modern society, often resulting in poor
dietary habits and nutrient deficiencies. As a result, individuals are turning
to vitamin shots as a convenient and efficient way to quickly replenish their
nutrient levels and support their health.
The rise of wellness culture and
the increasing popularity of holistic health practices have contributed to the
growing demand for vitamin shots. People are increasingly seeking out natural
and alternative remedies to support their health, and vitamin injections align
with this trend.
Information Source: https://www.futuremarketinsights.com/reports/vitamin-shot-market
Key Takeaways from the Report:
- The global vitamin shot market increased at a CAGR
of 4.3% during the historical period from 2019 to 2023.
- The United States will likely surge at a CAGR
of 4.0% in the forecast period.
- India is estimated to witness a CAGR of
around 4.5% from 2024 to 2034.
- Germany is anticipated to exhibit a CAGR
of 4.3% through 2034.
- Japan will likely grow at a CAGR of 4.4% in
the estimated period.
“Increasing
demand for on-the-go options to obtain daily doses of vitamins quickly without
the need for pills is set to create new opportunities in the market. Key
companies are focusing on making new shots with clean-label, natural
ingredients to cater to the high demand for zero-preservative products,” says Nandini
Roy Choudhury (Client Partner for Food & Beverages at Future
Market Insights, Inc.).
Competitive Landscape
Leading companies in the global
vitamin shot market are focusing on launching new products to cater to the high
demand from their consumer base. They are investing in research &
development activities to discover innovative products and broaden their
existing product lines.
For instance,
- In February 2024, Cadila
Pharmaceuticals launched Aqueous Vitamin D Injection to cure the
deficiency of vitamin D.
- An injectable shot of vitamin C was
introduced in June 2022 by BEE & YOU, a company
that specializes in natural bee products. The product is made with organic
certified bee products.
Key
Players:
- AdvaCare Pharma
- Pfizer
- Vitana X
- Vitalounge
- House of Bratz
- Reviv
- Sriya
- Zeon biotech
- SKG Caring health
- SwisscheM
- Empower Pharmacy
- Kexing Pharma
- American Regent
Get More Valuable Insights
Future Market Insights (FMI), in
its new offering, provides an unbiased analysis of the global vitamin shot
market, presenting historical demand data (2019 to 2023) and forecast
statistics for the period from 2024 to 2034.
The global vitamin shot market is
segmented by type (vitamin A injection, vitamin B injection, vitamin C
injection, vitamin D injection, and vitamin blend injection), application
(injectable vitamin shots and oral vitamin shots), nature (synthetic and
natural), and region.
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