Vitamin D Market - Global Forecast to 2025 Vitamin D Market | Page 5

Asia Pacific is estimated to dominate the vitamin D market in 2019
Asia Pacific is estimated to account for the largest market share in the vitamin D market
in 2019.This high growth rate in the Asia Pacific region is coupled with growing
investments by pharma and animal feed manufacturers for expansions. Also, the region
is witnessing a huge demand for vitamin D3.
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According to the 2019 Alltech Global Feed Survey, Asia Pacific is home to several of the
top 10 feed-producing countries, including China, India, and Japan; and accounted for
more than 36.0% of the world’s feed tonnage. China dominated as the top feed-
producing country in the world, with 187.9 million metric tons (207.1 million tons). This
region has also witnessed significant growth in manufacturing activities due to the
support of the local governments. Increasing investments in R&D is also one of the
factors driving the market in Asia Pacific.