Key Market Indicators
Global Vitamin sales are expected to reach $11.6 billion by 2026, up 1.1% from 2020 due to a 2.6% year-on-year market rise. The United Kingdom, Australia and India placed 2nd, 3rd and 4th respectively in this ranking. Armenian Vitamin Imports are projected to reach 122,820 Kilograms by 2026, a 2.2% year-on-year growth from 2021. Armenian demand has risen 4.5% annually since 2002. Armenian Vitamin Exports are predicted to reach 377,610 Kilograms by 2026, a 3% annual increase since 2021. Armenia was ranked 46th in 2021, with Slovakia coming in first at 317,330 Kilograms. Germany, India and the United States followed in 2nd, 3rd and 4th place respectively.