Vitamin K2 is the term for a group of compounds called ‘menaquinones,’ which can be found mainly in dairy products. All K vitamins are similar in structure, but differ in the length of the “side chain”. The longer the side chain, the better effect and efficiency.
Vitamin K2 is a type of Vitamin K. The main function of Vitamin K is to activate the calcium-binding properties of proteins. Vitamin K1 is mostly involved in blood clotting, while Vitamin K2 helps regulate where calcium ends up in the body.
Vitamin K2 is important for the body to utilize calcium to build healthy, strong bones and to inhibit calcium deposits in the arteries.
According to our (Global Info Research) latest study, the global Vitamin K2 market size was valued at USD 158.6 million in 2022 and is forecast to a readjusted size of USD 260.8 million by 2029 with a CAGR of 7.4% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global vitamin k2 key players include Kappa Bioscience, Gnosis Guandong Sungen, Guangdong Goodscend, etc. Global top 3 manufacturers hold a share about 75%. Europe is the largest market, with a share about 35%, followed by North America, with a share about 30 percent.In terms of product, vitamin MK-7 is the largest segment, with a share over 90%. And in terms of application, the largest application is nutrition, followed by food and beverage.
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Market Segmentation
Vitamin K2 market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Major players covered
Gnosis by Lesaffre
Kappa Bioscience
Guandong Sungen
Viridis BioPharma
IFF Health (Frutarom)
Vesta Nutra
GeneFerm Biotechnology
Shanghai Reson Biotech
Guangdong Goodscend
Seebio Biotech
Kyowa Hakko
This report is a detailed and comprehensive analysis for global Vitamin K2 market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Vitamin K2 market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/Kg), 2018-2029
Global Vitamin K2 market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/Kg), 2018-2029
Global Vitamin K2 market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/Kg), 2018-2029
Global Vitamin K2 market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (US$/Kg), 2018-2023
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