Key Market Indicators
Global vitamin sales are expected to reach $179 million by 2026, up from $150 million in 2020. This growth is driven by a 2.9% year-on-year average increase, with the market rising 7.4% in the same period. The United Kingdom, Australia and India were the second, third and fourth biggest markets respectively. Peruvian vitamin imports are projected to reach 648,000 kilograms by 2026, an increase of 1.3% year-on-year on average. This is in line with the 3.6% year-on-year growth rate since 1997. Peruvian vitamin exports are predicted to hit 531,000 kilograms in 2026, up from 447,000 kilograms in 2021. This 2.8% year-on-year growth rate is significantly higher than the 7.8% year-on-year growth rate since 1997. The Czech Republic overtook Peru in 2021, with Germany, India and the United States ranking second, third and fourth respectively.