Latin America Vitamin K2 Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$13.4

Forecast, 2030 (US$M)

$34.0

CAGR, 2024 - 2030

14.2%

Report Coverage

Latin America

Latin America vitamin k2 market, 2018-2030 (US$M)

Related Markets

Global Vitamin K2 Industry Outlook

North America Vitamin K2 Market Outlook

Europe Vitamin K2 Market Outlook

Asia Pacific Vitamin K2 Market Outlook

MEA Vitamin K2 Market Outlook

Latin America vitamin k2 market highlights

The Latin America vitamin k2 market generated a revenue of USD 13.4 million in 2023.
The market is expected to grow at a CAGR of 14.2% from 2024 to 2030.
In terms of segment, mk-7 was the largest revenue generating product in 2023.
MK-7 is the most lucrative product segment registering the fastest growth during the forecast period.

Latin America data book summary

Market revenue in 2023	USD 13.4 million
Market revenue in 2030	USD 34.0 million
Growth rate	14.2% (CAGR from 2023 to 2030)
Largest segment	Mk-7
Fastest growing segment	MK-7
Historical data covered	2018 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	MK-7
Key market players worldwide	Basf SE ADR, Novozymes, Balchem Corp, Lesaffre, Vesta Nutra, Angel Yeast

Other key industry trends

In terms of revenue, Latin America region accounted for 6.4% of the global vitamin k2 market in 2023.
Globally, North America is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 131.5 million by 2030.

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Vitamin K2 Market Scope

Vitamin k2 market segmentation & scope

Product

MK-7

MK-4

Application

Dietary Supplements

Food & Beverages

Pharmaceuticals

Cosmetics

Animal Nutrition

Form

Powder

Oil-based

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

U.S.

Canada

Mexico

Germany

France

Italy

Spain

China

India

Japan

Australia

South Korea

Brazil

South Africa

Vitamin K2 Market Companies

Name	Profile	# Employees	HQ	Website

Latin America vitamin k2 market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to vitamin k2 market will help companies and investors design strategic landscapes.

Mk-7 was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America vitamin k2 market based on mk-7 covering the revenue growth of each sub-segment from 2018 to 2030.

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Target buyers of Latin America vitamin k2 market databook

Our clientele includes a mix of vitamin k2 market companies, investment firms, advisory firms & academic institutions.
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America vitamin k2 market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America vitamin k2 market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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