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Phylloquinone Market by Grade (Food Grade, Pharmaceutical Grade) by Route of Administration (Parental, Oral, Topical) by Application (Vitamin K deficiency, Warfarin overdose, Obstructive jaundice, Osteoporosis, Others) – Growth, Future Prospects And Competitive Analysis, 2016 – 2028

Name: Phylloquinone Market - Demand, Size and Competitive Analysis
Creator: Credence Research Inc.
Published: 2022-03-26
License: https://www.credenceresearch.com/info/privacy-policy
Keywords: Phylloquinone Market

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Market Insights

Phylloquinone, also known as Vitamin K or Phytomenadione, is generally found in food and is usually taken as a dietary supplement. Phylloquinone is quite effective in treating some disorders, including vitamin k deficiency, obstructive jaundice, and warfarin overdose. Phylloquinone is generally taken as an oral supplement or, sometimes, parental and topical. However, the consumption of Phylloquinone is associated with specific side effects such as pain at the injection site and taste alteration. Exceptionally it may cause a severe allergic reaction.

Phylloquinone Market

The Global Phylloquinone market is expected to witness a CAGR of 7.95% during the forecast period. The revenue generated by the global Phylloquinone market in 2021 was over USD 483.92 million and is expected to generate revenue worth USD 880.66 million in 2028. Therefore, the incremental growth opportunity offered by the global Phylloquinone is estimated to be USD 4.96 billion between 2022 and 2028.

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Interesting Facts about Phylloquinone Industry

Green leafy vegetables are the primary source of Phylloquinone
Phylloquinone is highly beneficial in the bleeding disorder
Major health concerns associated with Phylloquinone are related to injectables phytonadione
Vitamin K deficiency is more common in infants
Currently, over 200 million people are suffering from osteoporosis

Changing Lifestyle Causing Vitamin K Deficiency

Vitamin K deficiency, Warfarin overdose, Obstructive jaundice, Osteoporosis, and Others are significant applications of Phylloquinone. Vitamin K deficiency is the leading application of Phylloquinone, with over 40% share in 2021. Rapidly changing lifestyles and food habits result in vitamin k deficiency in developed and emerging countries. Increasing junk food and decreasing consumption of green leafy vegetables cause chronic diseases due to vitamin deficiencies. Phylloquinone is crucial for restoring the vitamin k level in the body as it is fat absorbable and essential for bone and dental health. Additionally, it plays a vital role in blood clotting and is very important in bleeding disorders. This, in turn, drives the demand for Phylloquinone.

Pharmaceutical Grade of Phylloquinone to Dominate the Demand with over 75% share

Food Grade and Pharmaceutical Grade are two significant grades of Phylloquinone. Pharmaceutical grade of Phylloquinone dominates the demand with over 75% share in 2021. Pharma grade Phylloquinone is growing in demand owing to ever-increasing incidences of vitamin d deficiency and a rise in chronic diseases related to bleeding. While food grade Phylloquinone is also expected to increase in its share by growing at a lucrative CAGR over the forecast period.

Oral Dosage of Phylloquinone to Rule the Industry

Parental, Oral and Topical are significant routes of administration of Phylloquinone in the human body. Oral administration dominates the industry, with over 60% of total Phylloquinone consumed in 2021. While topical administration also held a significant share in 2021. However, specific side effects are associated with the topical administration, such as pain, dizziness, low blood pressure, cyanosis, etc. In light of this, the oral supplement of Phylloquinone is likely to grow at a rapid pace as compared to the other two types of administration.

Strong Focus on Research & Development

Shandong Guangtongbao Pharmaceuticals, Anhui Wanhe Pharmaceutical, Nutrilo, DSM, Yongan Pharmaceutical, Zhejiang Chengyi Pharmaceutical, and BASF SE are significant players operating in the global Phylloquinone market. All prominent players are highly focused on Research and Development activities to develop the most effective products. The primary focus of R&D activities is focused on an exploration of the role of vitamin k in infants, adults, and the geriatric population. Moreover, studies are researching the bioavailability and absorption of Phylloquinone into the intestine and its effect on metabolism. Moreover, the increasing incidence of bleeding disorders is forcing companies to develop a more effective solution to treat these disorders using vitamin k. This, in turn, will trigger the demand for Phylloquinone in the years to come.

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Phylloquinone Market Dominated by Europe and North America

The Global Phylloquinone market is collectively dominated by Europe and North America, with around two third share in total revenue generation in 2021. North America leads the demand with the majority of the consumption in 2021. While, the Europe Phylloquinone market is triggered by the strong and consistent growth in Germany, the UK, and France. In contrast, the Asia Pacific market for Phylloquinone is mainly mobilized by the rising demand from China, Japan, South Korea, Singapore, Taiwan, and India. Huge untapped potential and a large population suffering from disorders that demand vitamin k supplements in the regional market is the most lucrative market for the future growth of the Phylloquinone industry. It is also expected to exhibit a robust CAGR of over 8% during the forecast period.

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Phylloquinone Market

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Phylloquinone Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Major Industry Challenges
3.2.3. Key Growth Pockets
3.3. Attractive Investment Proposition,2021
3.3.1. Grade
3.3.2. Route of Administration
3.3.3. Application
3.3.4. Geography
3.4. Porter’s Five Forces Analysis
3.4.1. Threat of New Entrants
3.4.2. Bargaining Power of Buyers/Consumers
3.4.3. Bargaining Power of Suppliers
3.4.4. Threat of Substitute Grade
3.4.5. Intensity of Competitive Rivalry
3.5. Value Chain Analysis

4. Market Positioning of Key Players, 2021
4.1. Company market share of key players, 2021
4.2. Top 6 Players
4.3. Top 3 Players
4.4. Major Strategies Adopted by Key Players

4.4.1. Key Strategies Analysis
4.4.2. Mergers and Acquisitions
4.4.3. Partnerships
4.4.4. Product Launch
4.4.5. Geographical Expansion
4.4.6. Others

5. COVID 19 Impact Analysis
5.1. Global Phylloquinone Market Pre Vs Post COVID 19, 2019 – 2028
5.2. Impact on Import & Export
5.3. Impact on Demand & Supply

6. North America
6.1. North America Phylloquinone Market, by Country, 2016-2028(US$ Bn)
6.1.1. U.S.
6.1.2. Canada
6.1.3. Mexico
6.2. North America Phylloquinone Market, by Grade, 2016-2028(US$ Bn)
6.2.1. Overview
6.2.2. Food Grade
6.2.3. Pharmaceutical Grade
6.3. North America Phylloquinone Market, by Route of Administration, 2016-2028(US$ Bn)
6.3.1. Overview
6.3.2. Parental
6.3.3. Oral
6.3.4. Topical
6.4. North America Phylloquinone Market, by Application, 2016-2028(US$ Bn)
6.4.1. Overview
6.4.2. Vitamin K deficiency
6.4.3. Warfarin overdose
6.4.4. Obstructive jaundice
6.4.5. Osteoporosis
6.4.6. Others

7. Europe
7.1. Europe Phylloquinone Market, by Country, 2016-2028(US$ Bn)
7.1.1. UK
7.1.2. France
7.1.3. Germany
7.1.4. Italy
7.1.5. Russia
7.1.6. Spain
7.1.7. Belgium
7.1.8. Netherland
7.1.9. Austria
7.1.10. Sweden
7.1.11. Poland
7.1.12. Denmark
7.1.13. Switzerland
7.1.14. Rest of Europe
7.2. Europe Phylloquinone Market, by Grade, 2016-2028(US$ Bn)
7.2.1. Overview
7.2.2. Food Grade
7.2.3. Pharmaceutical Grade
7.3. Europe Phylloquinone Market, by Route of Administration, 2016-2028(US$ Bn)
7.3.1. Overview
7.3.2. Parental
7.3.3. Oral
7.3.4. Topical
7.4. Europe Phylloquinone Market, by Application, 2016-2028(US$ Bn)
7.4.1. Overview
7.4.2. Vitamin K deficiency
7.4.3. Warfarin overdose
7.4.4. Obstructive jaundice
7.4.5. Osteoporosis
7.4.6. Others

8. Asia Pacific
8.1. Asia Pacific Phylloquinone Market, by Country, 2016-2028(US$ Bn)
8.1.1. China
8.1.2. Japan
8.1.3. South Korea
8.1.4. India
8.1.5. Australia
8.1.6. New Zealand
8.1.7. Taiwan
8.1.8. Southeast Asia
8.1.9. Central Asia
8.1.10. Rest of Asia Pacific
8.2. Asia Pacific Phylloquinone Market, by Grade, 2016-2028(US$ Bn)
8.2.1. Overview
8.2.2. Food Grade
8.2.3. Pharmaceutical Grade
8.3. Asia Pacific Phylloquinone Market, by Route of Administration, 2016-2028(US$ Bn)
8.3.1. Overview
8.3.2. Parental
8.3.3. Oral
8.3.4. Topical
8.4. Asia Pacific Phylloquinone Market, by Application, 2016-2028(US$ Bn)
8.4.1. Overview
8.4.2. Vitamin K deficiency
8.4.3. Warfarin overdose
8.4.4. Obstructive jaundice
8.4.5. Osteoporosis
8.4.6. Others

9. Latin America
9.1. Latin America Phylloquinone Market, by Country, 2016-2028(US$ Bn)
9.1.1. Brazil
9.1.2. Argentina
9.1.3. Peru
9.1.4. Chile
9.1.5. Colombia
9.1.6. Rest of Latin America
9.2. Latin America Phylloquinone Market, by Grade, 2016-2028(US$ Bn)
9.2.1. Overview
9.2.2. Food Grade
9.2.3. Pharmaceutical Grade
9.3. Latin America Phylloquinone Market, by Route of Administration, 2016-2028(US$ Bn)
9.3.1. Overview
9.3.2. Parental
9.3.3. Oral
9.3.4. Topical
9.4. Latin America Phylloquinone Market, by Application, 2016-2028(US$ Bn)
9.4.1. Overview
9.4.2. Vitamin K deficiency
9.4.3. Warfarin overdose
9.4.4. Obstructive jaundice
9.4.5. Osteoporosis
9.4.6. Others

10. Middle East
10.1. Middle East Phylloquinone Market, by Country, 2016-2028(US$ Bn)
10.1.1. UAE
10.1.2. KSA
10.1.3. Israel
10.1.4. Turkey
10.1.5. Iran
10.1.6. Rest of Middle East
10.2. Middle East Phylloquinone Market, by Grade, 2016-2028(US$ Bn)
10.2.1. Overview
10.2.2. Food Grade
10.2.3. Pharmaceutical Grade
10.3. Middle East Phylloquinone Market, by Route of Administration, 2016-2028(US$ Bn)
10.3.1. Overview
10.3.2. Parental
10.3.3. Oral
10.3.4. Topical
10.4. Middle East Phylloquinone Market, by Application, 2016-2028(US$ Bn)
10.4.1. Overview
10.4.2. Vitamin K deficiency
10.4.3. Warfarin overdose
10.4.4. Obstructive jaundice
10.4.5. Osteoporosis
10.4.6. Others

11. Africa
11.1. Africa Phylloquinone Market, by Country, 2016-2028(US$ Bn)
11.1.1. South Africa
11.1.2. Egypt
11.1.3. Nigeria
11.1.4. Rest of Africa
11.2. Africa Phylloquinone Market, by Grade, 2016-2028(US$ Bn)
11.2.1. Overview
11.2.2. Food Grade
11.2.3. Pharmaceutical Grade
11.3. Africa Phylloquinone Market, by Route of Administration, 2016-2028(US$ Bn)
11.3.1. Overview
11.3.2. Parental
11.3.3. Oral
11.3.4. Topical
11.4. Africa Phylloquinone Market, by Application, 2016-2028(US$ Bn)
11.4.1. Overview
11.4.2. Vitamin K deficiency
11.4.3. Warfarin overdose
11.4.4. Obstructive jaundice
11.4.5. Osteoporosis
11.4.6. Others

12. Global
12.1. Global Phylloquinone Market, by Grade, 2016-2028(US$ Bn)
12.1.1. Overview
12.1.2. Food Grade
12.1.3. Pharmaceutical Grade
12.2. Global Phylloquinone Market, by Route of Administration, 2016-2028(US$ Bn)
12.2.1. Overview
12.2.2. Parental
12.2.3. Oral
12.2.4. Topical
12.3. Global Phylloquinone Market, by Application, 2016-2028(US$ Bn)
12.3.1. Overview
12.3.2. Vitamin K deficiency
12.3.3. Warfarin overdose
12.3.4. Obstructive jaundice
12.3.5. Osteoporosis
12.3.6. Others

13. Company Profiles
13.1. Shandong Guangtongbao Pharmaceuticals
13.2. Anhui Wanhe Pharmaceutical
13.3. Nutrilo
13.4. DSM
13.5. Yongan Pharmceutical
13.6. Zhejiang Chengyi Pharmaceutical
13.7. BASF SE
13.8. Others

List of Figures

FIG. 1 Global Phylloquinone Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Phylloquinone Market Segmentation
FIG. 4 Global Phylloquinone Market, by Material, 2019 (US$ Bn)
FIG. 5 Global Phylloquinone Market, by Grade, 2019 (US$ Bn)
FIG. 6 Global Phylloquinone Market, by Application, 2021 (US$ Bn)
FIG. 7 Global Phylloquinone Market, by Geography, 2021 (US$ Bn)
FIG. 8 Attractive Investment Proposition, by Geography, 2021
FIG. 9 Global Market Positioning of Key Phylloquinone Market Manufacturers, 2019
FIG. 10 Global Phylloquinone Market Value Contribution, By Grade, 2021 & 2028 (Value %)
FIG. 11 Global Phylloquinone Market, by Food Grade, Value, 2016-2028 (US$ Bn)
FIG. 12 Global Phylloquinone Market, by Pharmaceutical Grade, Value, 2016-2028 (US$ Bn)
FIG. 13 Global Phylloquinone Market Value Contribution, By Route of Administration, 2021 & 2028 (Value %)
FIG. 14 Global Phylloquinone Market, by Parental, Value, 2016-2028 (US$ Bn)
FIG. 15 Global Phylloquinone Market, by Oral, Value, 2016-2028 (US$ Bn)
FIG. 16 Global Phylloquinone Market, by Topical, Value, 2016-2028 (US$ Bn)
FIG. 17 Global Phylloquinone Market Value Contribution, By Application, 2021 & 2028 (Value %)
FIG. 18 Global Phylloquinone Market, by Vitamin K deficiency, Value, 2016-2028 (US$ Bn)
FIG. 19 Global Phylloquinone Market, by Warfarin overdose, Value, 2016-2028 (US$ Bn)
FIG. 20 Global Phylloquinone Market, by Obstructive jaundice, Value, 2016-2028 (US$ Bn)
FIG. 21 Global Phylloquinone Market, by Osteoporosis, Value, 2016-2028 (US$ Bn)
FIG. 22 U.S. Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 23 Rest of North America Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 24 U.K. Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 25 Germany Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 26 France Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 27 Italy Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 28 Spain Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 29 Russia Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 30 BENELUX Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 31 Poland Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 32 Austria Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 33 Rest of Europe Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 34 Japan Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 35 China Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 36 India Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 37 South Korea Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 38 Australia Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 39 Southeast Asia Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 40 Rest of Asia Pacific Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 41 Middle East & Africa Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 42 South Africa Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 43 Nigeria Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 44 Egypt Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 45 GCC Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 46 Israel Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 47 Latin America Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 48 Mechanicalzil Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 49 Argentina Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 50 Colombia Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 51 Peru Phylloquinone Market, 2016-2028 (US$ Bn)
FIG. 52 Chile Phylloquinone Market, 2016-2028 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Phylloquinone Market
TABLE 2 Global Phylloquinone Market, by Grade, 2016-2028 (US$ Bn)
TABLE 3 Global Phylloquinone Market, by Route of Administration, 2016-2028 (US$ Bn)
TABLE 4 Global Phylloquinone Market, by Material, 2016-2028 (US$ Bn)
TABLE 5 Global Phylloquinone Market, by Application, 2016-2028 (US$ Bn)
TABLE 6 Global Phylloquinone Market, by Geography, 2016-2028 (US$ Bn)
TABLE 7 North America Phylloquinone Market, by Grade, 2016-2028 (US$ Bn)
TABLE 8 North America Phylloquinone Market, by Application, 2016-2028 (US$ Bn)
TABLE 9 North America Phylloquinone Market, by Route of Administration, 2016-2028 (US$ Bn)
TABLE 10 North America Phylloquinone Market, by Country, 2016-2028 (US$ Bn)
TABLE 11 Europe Phylloquinone Market, by Grade, 2016-2028 (US$ Bn)
TABLE 12 Europe Phylloquinone Market, by Application, 2016-2028 (US$ Bn)
TABLE 13 Europe Phylloquinone Market, by Route of Administration, 2016-2028 (US$ Bn)
TABLE 14 Europe Phylloquinone Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 15 Asia Pacific Phylloquinone Market, by Grade, 2016-2028 (US$ Bn)
TABLE 16 Asia Pacific Phylloquinone Market, by Application, 2016-2028 (US$ Bn)
TABLE 17 Asia Pacific Phylloquinone Market, by Route of Administration, 2016-2028 (US$ Bn)
TABLE 18 Asia Pacific Phylloquinone Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 19 Latin America Phylloquinone Market, by Grade, 2016-2028 (US$ Bn)
TABLE 20 Latin America Phylloquinone Market, by Application, 2016-2028 (US$ Bn)
TABLE 21 Latin America Phylloquinone Market, by Route of Administration, 2016-2028 (US$ Bn)
TABLE 22 Latin America Phylloquinone Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 23 Middle East Phylloquinone Market, by Grade, 2016-2028 (US$ Bn)
TABLE 24 Middle East Phylloquinone Market, by Application, 2016-2028 (US$ Bn)
TABLE 25 Middle East Phylloquinone Market, by Route of Administration, 2016-2028 (US$ Bn)
TABLE 26 Middle East Phylloquinone Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 27 Africa Phylloquinone Market, by Grade, 2016-2028 (US$ Bn)
TABLE 28 Africa Phylloquinone Market, by Application, 2016-2028 (US$ Bn)
TABLE 29 Africa Phylloquinone Market, by Route of Administration, 2016-2028 (US$ Bn)
TABLE 30 Africa Phylloquinone Market, by Country/Region, 2016-2028 (US$ Bn)

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Frequently asked questions:

How COVID 19 Impacted Phylloquinone Market?

Unlike other industries, COVID 19 also taken a toll on Phylloquinone market with around 10.41% decline in its revenue growth rate in 2020 as compare to 2019

Which is the leading regional market for Phylloquinone?

North America is the largest regional market with highest share in the total revenue generation of Phylloquinone consumed in 2021

What is the major growth driving factors for global Phylloquinone market?

Increasing incidence rate of vitamin k deficiency in Europe and North America is mainly fuelling the demand for Phylloquinone

Which is major segment in Phylloquinone market by Grade?

Pharmaceutical Grad segment dominated the Phylloquinone market in 2021 with over 75% share

Which is major segment in Phylloquinone market by Route of Administration?

Oral was the largest segment of Phylloquinone by mounting in 2021 with over 60% share

About Author

Shweta Bisht

Healthcare & Biotech Analyst

Shweta is a healthcare and biotech researcher with strong analytical skills in chemical and agri domains.

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