Key Market Indicators
Global sales of vitamins are set to reach $777 million by 2026, up 2.2% on average each year since 2020. The UK, Australia and India ranked second, third and fourth in the market, respectively. Indian imports of vitamins are projected to drop 17.6% each year on average, from 16,260 kilograms in 2021 to 5,380 kilograms in 2026. Since 2001, Indian demand has declined 21.9% annually. Indian exports of vitamins are predicted to climb 2.6% annually on average, from 47,627,000 kilograms in 2021 to 55,159,000 kilograms in 2026. Since 2001, Indian supply has increased 7.8% each year. Germany overtook India in 2021, with 47,627,000 kilograms, and the US, Germany and India ranked second, third and fourth, respectively.