Key Market Indicators
Global demand for vitamins is projected to grow significantly over the next five years. Sales are estimated to reach $4.02 billion by 2026, an increase of 1.4% on average year-on-year. This is due to an impressive 6.6% surge in the market in 2020. The United Kingdom, Australia, and India make up the top three largest markets for vitamins. American imports of vitamins are forecast to reach 3.9 million kilograms by 2026, a 0.7% year-on-year growth rate since 2001. Demand in the US has risen 11.6% in the same period. US exports of vitamins are expected to hit 21.3 million kilograms by 2026, with a 0.4% average year-on-year growth rate. Supply has increased 4.5% year-on-year since 2001.