
Market Growth Overview
- 2022 Value: US$ 63.89 million
- 2030 Projection: US$ 494.38 million
- CAGR (2022–2030): 29.1% (extremely high growth rate)
Key Growth Driver: Rising Cardiovascular Disease (CVD) Prevalence
- CVD is a leading global cause of death (~17.9 million deaths/year, per WHO).
- Risk factors (aging, sedentary lifestyles, poor diet, diabetes, high cholesterol, hypertension) are increasing demand for Vitamin K2, which supports:
- Cardiovascular health (reduces arterial calcification, improves elasticity).
- Bone health (aids calcium absorption).
- Growing awareness of K2’s benefits in preventing CVD and osteoporosis fuels market expansion.
North America Vitamin K2 Market Overview
The North America Vitamin K2 market is segmented into the US, Canada, and Mexico. The growth of the market is attributed to the increasing prevalence of CVD and growing cases of osteoporosis bone deformation in adults and newborns. However, the limited awareness regarding benefits of vitamin K2 hinders the market growth. The market growth in North America is also attributed to the rising adoption of nutraceutical supplements for vitamin K2. The US accounts for the largest share of the vitamin K2 market in North America. The increasing prevalence of cardiovascular diseases and orthopedic disorders, such as osteoporosis and arthritis, has increased the demand for vitamin K2, as it helps in the better absorption of calcium and other nutrients, strengthening cardiac and bone health. According to the Centers for Disease Control and Prevention (CDC), in 2021, ~695,000 people died from heart disease in the US, coronary heart disease being the most common type of heart disease that resulted in the death of 375,476 people in the country. Moreover, various strategic developments such as product launches, acquisitions, and mergers have been taking place in the country, which are contributing to the market growth. In October 2022, Kappa Bioscience launched its first organic grade vitamin K2-MK7 in the US market under the brand name K2Vital. It is the first US Department of Agriculture (USDA) organic-certified all-trans, all-bioactive vitamin K2-MK7 for oil-based health applications in the US market. Therefore, the rising prevalence of cardiovascular diseases and orthopedic disorders, along with an increase in strategic collaboration, is expected to drive the vitamin K2 market growth in the US.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞 – https://www.businessmarketinsights.com/sample/BMIRE00029720
North America Vitamin K2 Strategic Insights
Strategic insights for the North America Vitamin K2 provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
North America Vitamin K2 Regional Insights
The geographic scope of the North America Vitamin K2 refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
Additional Potential Drivers
- Functional food & supplement trends (rising demand for fortified products).
- Research-backed health benefits (more studies validating K2’s role in chronic disease prevention).
North America Vitamin K2 Market Segmentation
Category | Segments | Largest Market Share (2022) |
Product Type | MK-4, MK-7, Combination drugs | MK-7 |
Dosage Form | Capsules & Tablets, Powder, Oils | Powder |
Source | Natural, Synthetic | Natural |
Application | Pharmaceuticals, Nutraceuticals & Food, Others | Pharmaceuticals |
Country | United States, Canada, Mexico | United States |
Conclusion
The North America Vitamin K2 market is set for explosive growth (nearly 8x by 2030), driven by rising CVD concerns and increasing consumer focus on preventive healthcare.
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Author’s Bio
Akshay
Senior Market Research Expert at Business Market Insights