New York, USA, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Market Overview
In 2024, the vitamin K2 market is projected to be valued at USD 94.76 billion. The market is anticipated to develop from USD 98.77 billion in 2025 to USD 145.62 billion in 2034 at a CAGR of 4.4%.
Market Introduction
Vitamin K2, also known as menaquinone (MK), is a form of vitamin K that promotes bone, blood, and heart health. Vitamin K2 protects blood arteries by activating the matrix GLA protein (MGP), which prevents calcification. A vitamin K2 shortage can cause cardiovascular illness. Symptoms of vitamin K2 deficiency include easy bruising or excessive skin bleeding, weak bones or teeth, and frequent sickness. Animal products and fermented foods, such as natto, a Japanese soybean dish, contain vitamin K2. Vitamin K2 is generally safe when taken appropriately, but some people may experience an upset stomach or diarrhea. People with certain conditions, such as Glucose-6-phosphate dehydrogenase (G6PD) deficiency, should avoid vitamin K2.
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Report Scope and Attributes
Report Attribute | Details |
Market Value in 2025 | USD 98.77 billion |
Market value by 2034 | USD 145.62 billion |
CAGR | 4.4 % |
Base Year | 2024 |
Historical Data | 2020–2023 |
Forecast Period | 2025–2034 |
Major Players in Vitamin K2 Market
The vitamin K2 market is famously competitive, with industry heavyweights and new entrants competing for market domination. Among the main players influencing the market's growth are:
- NattoPharma
- Kappa Bioscience
- DSM Nutritional Products
- Gnosis by Lesaffre
- Zhejiang Medicine Co., Ltd.
- Sports Research Corporation
- NOW Foods
- MaryRuth Organics
- Herbalife Nutrition
- Nature's Way
- Life Extension
- Longlife
- Green Valley
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Vitamin K2 Market Drivers
Increased Consumption of Bone Health Related Supplements
As consumers become more aware of the importance of bone density and the dangers associated with bone-related disorders like osteoporosis, they are turning to vitamin K2 as a critical component for bone health. Vitamin K2 acts by activating proteins that control calcium in the body, guiding it to the bones while preventing it from collecting in the arteries. Thus, the increased growth in vitamin K2 market expansion.
Incorporation of Vitamin K2 into Functional Foods and Drinks
Foods and beverages with health advantages beyond basic nourishment are gaining popularity among consumers. Manufacturers are adding vitamin K2 to a variety of functional food items, including dairy substitutes, fortified snacks, and even drinks like juices and smoothies. This pattern is consistent with the larger functional food movement, which promotes goods enhanced with vitamins, minerals, and other bioactive substances to improve general health. As a result, the growing use of vitamin K2 in functional foods and drinks is driving the expansion of vitamin K2 market.
Regional Overview
The report provides vitamin K2 market insights for North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The strong demand for functional foods and dietary supplements in North America is the main factor driving the region's dominance of the global market. The widespread use of vitamin K2 supplements has been facilitated by the high level of consumer awareness regarding health and wellness, particularly as it relates to cardiovascular and bone health. Furthermore, the growing incidence of osteoporosis and other bone-related disorders, along with the existence of established pharmaceutical and nutraceutical industries, have driven market expansion in North America.
Due to growing awareness of the health benefits of vitamin K2, especially in relation to cardiovascular and bone health, Europe accounts for a sizable portion of the global vitamin K2 market revenue. Given that osteoporosis and other bone-related conditions are more common in older adults, Europe's aging population is a significant contributing factor. The demand for vitamin K2 supplements is highest in nations like Germany, the UK, and France, particularly in the pharmaceutical and nutraceutical industries. Furthermore, Europe has strict laws controlling the safety and quality of dietary supplements, which guarantees consumer confidence and propels market expansion.
Recent Progress in Vitamin K2 Market
May 2023: With the goal of improving availability and supply to markets across the globe, NattoPharma announced that it would be increasing its production capacity to meet the growing demand for MK-7.
June 2022: in order to increase its market share in the functional foods industry, Kappa Bioscience and Balchem announced a collaboration to integrate their Vitamin K2 into a new line of fortified dairy products.
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Vitamin K2 Market Segmentation
By Product Type Outlook
- MK-4 & Combination Drugs
- MK-7 Drugs
By Source Outlook
- Natural
- Synthetic
By Form Outlook
- Capsules & Tablets
- Powder
- Oil
By Application Outlook
- Food & Pharmaceutical
- Nutraceutical
By Regional Outlook
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Netherlands
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Malaysia
- South Korea
- Indonesia
- Australia
- Vietnam
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Mexico
- Brazil
- Argentina
- Rest of Latin America
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