Vitamin Shot Market to Reach US$ 988.4 Million by 2034 Amid Growing Awareness of Maintaining Nutrient Levels for Health
Vitamin shots are getting a shot in the arm. FMI predicts a booming market in India, China, and the US, driven by vitamin deficiencies and the growing desire for radiant skin. The report goes beyond the trend to analyze what's fueling this growth, including potential roadblocks and exciting opportunities. It even equips you with investment insights and strategic decision-making tools to capitalize on this flourishing market.
NEWARK, Del., March 27, 2024 /PRNewswire/ -- According to Future Market Insights (FMI), the vitamin shot market is set to be valued at US$ 619.8 million in 2024 and reach US$ 988.4 million by 2034. The market is anticipated to surge at a CAGR of 4.8% in the forecast period from 2024 to 2034.
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The vitamin shot industry is experiencing growth due to several influencing factors. There is a surging awareness of the importance of maintaining optimal nutrient levels for health and well-being. Several people recognize that their diets may not always provide sufficient amounts of essential vitamins and minerals. This leads them to seek out alternative methods of supplementation.
Busy lifestyles and high levels of stress have become commonplace in modern society, often resulting in poor dietary habits and nutrient deficiencies. As a result, individuals are turning to vitamin shots as a convenient and efficient way to quickly replenish their nutrient levels and support their health.
The rise of wellness culture and the increasing popularity of holistic health practices have contributed to the growing demand for vitamin shots. People are increasingly seeking out natural and alternative remedies to support their health, and vitamin injections align with this trend.
Scope of the Vitamin Shot Market Report
Attribute
Details
Vitamin Shot Market Size Value in 2024
US$ 619.8 million
Vitamin Shot Market Forecast Value in 2034
US$ 988.4 million
Global Growth Rate
4.8% CAGR
Forecast Period
2024 to 2034
Historical Data Available for
2019 to 2023
Vitamin Shot Market Analysis
Volume (MT) and Value (US$ million)
Key Regions Covered North America, Latin America, Europe, South Asia, East Asia, Middle East &
Africa, and Oceania
Key Countries Covered --
Canada --
Germany
--
India
-- --
The United
United States Kingdom
--
Malaysia
--
Mexico --
Netherlands
--
Thailand
--
Brazil --
Belgium
--
Singapore
--
Chile --
Russia
--
Australia
--
Peru --
The Nordic
region
--
Indonesia
-- --
Poland --
Gulf Cooperation Council
Argentina countries
--
Italy --
Japan
--
New Zealand
-- --
South Korea --
Central Africa and South
Spain Africa
--
France --
China
Vitamin Shot Market
Segments Covered
Vitamin Shot Market by Type:
Vitamin A Injection
Vitamin B Injection
Vitamin C Injection
Vitamin D Injection
Vitamin Blend Injection
Vitamin Shot Market by Application:
Injectable Vitamin Shots
Oral Vitamin Shots
Vitamin Shot Market by Nature:
Synthetic
Natural
Vitamin Shot Market by Region:
North America
Latin America
Europe
South Asia
East Asia
Middle East & Africa
Oceania
Key Coverage in the Vitamin Shot Market Research Report
Functional Shots Market Size, Share and Report
Vitamin Tonics Market
Size Report
Liquid Vitamins Market: Global Industry Analysis
Global Vitamin C Market and Vitamin C Injection Market Size
Vitamin
B12 Market Share, Industry Size, Forecast
Cyanocobalamin Injection
Market Size
Vitamin Shots and B12 Injections Suppliers
Vitamin B6 (Pyridoxine) Market Size Report
Vitamin K Market
Projections
B12 Shots vs. IV Infusions
Key Takeaways from the Report:
-- The global vitamin shot market increased at a CAGR of 4.3% during the
historical period from 2019 to 2023.
-- The United States will likely surge at a CAGR of 4.0% in the forecast
period.
-- India is estimated to witness a CAGR of around 4.5% from 2024 to 2034.
-- Germany is anticipated to exhibit a CAGR of 4.3% through 2034.
-- Japan will likely grow at a CAGR of 4.4% in the estimated period.
"Increasing demand for on-the-go options to obtain daily doses of vitamins quickly without the need for pills is set to create new opportunities in the market. Key companies are focusing on making new shots with clean-label, natural ingredients to cater to the high demand for zero-preservative products," says Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.).
Competitive Landscape
Leading companies in the global vitamin shot market are focusing on launching new products to cater to the high demand from their consumer base. They are investing in research & development activities to discover innovative products and broaden their existing product lines.
For instance,
-- In February 2024, Cadila Pharmaceuticals launched Aqueous Vitamin D
Injection to cure the deficiency of vitamin D.
-- An injectable shot of vitamin C was introduced in June 2022 by BEE &
YOU, a company that specializes in natural bee products. The product is
made with organic certified bee products.
Key Players:
-- AdvaCare Pharma
-- Pfizer
-- Vitana X
-- Vitalounge
-- House of Bratz
-- Reviv
-- Sriya
-- Zeon biotech
-- SKG Caring health
-- SwisscheM
-- Empower Pharmacy
-- Kexing Pharma
-- American Regent
Purchase now and gain full access to the Vitamin Shot Industry report, featuring comprehensive Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives.
Get More Valuable Insights
Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global vitamin shot market, presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034.
The global vitamin shot market is segmented by type (vitamin A injection, vitamin B injection, vitamin C injection, vitamin D injection, and vitamin blend injection), application (injectable vitamin shots and oral vitamin shots), nature (synthetic and natural), and region.
About the Food & Beverage Division at Future Market Insights (FMI)
Expert analysis, actionable insights, and strategic recommendations - the Food & Beverage team at Future Market Insights (FMI) helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.
About the Author:
Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.
She has exceptional analytical skills and often brings thought leadership to the table.
Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results. Another feather to her cap manifests in the form of process automation. She is vocal about bringing automation to the fore to bring a 360-degrees-round revolution in manufacturing sector.
Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor's Degree in Electrical Engineering from Nagpur University, India.
Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.
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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading market intelligence and consulting service provider, serving clients in over 150 countries. FMI is headquartered in Dubai and has delivery centers in the UK, the U.S., and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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