In 1929, vitamin K was discovered. It is an essential nutrient need for blood clotting blood coagulation. The German scientific journal reported it as ‘Koagulationsvitamin’ – from which is where the K originate from. There are two commercial main forms of vitamin K namely, vitamin K1 also called as phylloquinone, generally found in plant foods sources such as leafy greens and vitamin K2 also known as menaquinone, mostly present in fermented foods products and animal foods.
Some foods with high in vitamin K2 content are egg yolks, hard cheese, chicken liver, soft cheese, chicken breast, butter, ground beef, and salami.
Some health benefits of vitamin K2 are:
- Helps in preventing cardiovascular disease
- Ensuring healthy skin
- Aids in forming strong bones and improving bone health of the human body
- Helps in promoting proper brain function
- Supporting growth and development of body
- Helps to prevent some form of cancer
The worldwide market for vitamin K2 is expected to grow at a moderate CAGR of around 19% over the forecast period (2019-2028) and will be valued at US$ 86.7 Mn in 2018.
There are various types of vitamin K2 available such as MK-4 and MK-7. The demand for MK-4 is high among the nutraceutical manufacturing companies. MK-4 is a type of synthetic product. MK-4 has a very tiny biological half-life of about nearly a one hour. After consumption, it remains generally in the liver and is useful in synthesizing blood clotting factors in the body. MK-7 is a recently discovered agent with many practical applications as it halts in the human body longer. It has half-life is nearly three days. MK-7 is widely extracted from the Japanese fermented soy product called natto.
$ 86.7 Mn
- By Type
- By Region
- By Application
$ XXXX Mn
By application, the market is divided into oil and powder. Vitamin K2 oil is essential for strong bones of the body and vital for normal blood clotting. Vitamin K2 oil offers a quick and easy alternative as compared to other formulation of vitamin K2. Vitamin K2 oil gets absorbed in the body. Vitamin K2 demand is continuously increasing from the pharmaceutical industry, owing to high usage in various nutrition supplements formulations.
Based on regions, the market has been analyzed across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Among these regions, individuals in North America are comparatively more inclined towards consumption vitamin K2, owing to growing health concerns among individuals and increasing incidences of vitamin deficiencies disorders in countries in this region. In addition, growing geriatric population, increasing awareness among people related benefits of vitamin K2 supplement, the higher adoption rate of a healthy diet, are some of the other factors expected to increase the demand of vitamin K2.
Some of the key players profiled in the global vitamin K2 market report include DuPont Nutrition & Health, Kappa Bioscience, Viridis BioPharma, Frutarom, GeneFerm Biotechnology, Guangdong Goodscend, NattoPharma, Gnosis, Shanghai Reson Biotech Seebio Biotech, DSM, and Kyowa Hakko.