Key Market Indicators
Global vitamin sales are set to reach $777.2 million by 2026, up from $689.5 million in 2020. This represents a yearly growth rate of 2.2%, with the market rising 5.4% year on year. The United Kingdom, Australia and India are the top three countries in this ranking. Indian vitamin imports are expected to fall 17.6% year on year to 5,380 kilograms by 2026, from 16,260 kilograms in 2021. This is part of a longer trend of decreasing demand, which has seen a 21.9% year on year decrease since 2001. Indian vitamin exports are projected to reach 55.2 million kilograms by 2026, up from 47.6 million kilograms in 2021. This reflects an average yearly growth rate of 2.6%, with a 7.8% year on year increase since 2001. Germany is the leading country in this ranking, followed by India and the United States in second and third place respectively.
