Key Market Indicators
Global vitamin sales are expected to reach $43 billion by 2026, up from $38 billion in 2020. This growth is attributed to an average increase of 2% year-on-year, with a surge of 5.1% in the previous year. The United Kingdom, Australia, and India occupy positions two, three, and four in terms of sales. Paraguayan vitamin imports are predicted to be around 500,000 kilograms by 2026, up from 457,000 kilograms in 2021. This is a result of an average annual growth of 1.7% since 1994, and an increase of 13.1% year-on-year. Meanwhile, Paraguayan exports of the same are estimated to reach 106,000 kilograms by 2026, up from 90,000 kilograms in 2021. This is due to an average rate of growth of 2.8% since 1999, and an increase of 6.9% year-on-year. In 2021, the country was number 57, overtaken by Chile. Germany, India, and the United States take the second, third, and fourth positions in this ranking.