Canada Vitamin K2 Market, by Source, by Region (USD Million)

Year NATURAL SYNTHETIC
2018 $ 0.86 $ 0.48
2019 $ 1.05 $ 0.6
2020 $ 1.45 $ 0.84
2021 $ 1.95 $ 1.15
2022 $ 2.66 $ 1.6
2023 $ 3.63 $ 2.22
2024 $ 4.97 $ 3.1
2025 $ 6.82 $ 4.32
2026 $ 9.38 $ 6.04
2027 $ 12.93 $ 8.47
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Canada Vitamin K2 Market, by Source, by Region (USD Million)

Synopsis
The above chart is Canada Vitamin K2 Market, by Source, by Region (USD Million)

Market Dynamics

canada's vitamin k2 market is experiencing a surge in demand due to the growing awareness about the importance of this nutrient for overall health and wellness. vitamin k2, also known as menaquinone, is a fat-soluble vitamin that plays a crucial role in ensuring that calcium is properly utilized in the body and directed towards strengthening bones and teeth. one of the key factors driving the demand for vitamin k2 in canada is its various proven health benefits. it has been found to be particularly beneficial for bone health by preventing osteoporosis and maintaining bone density. additionally, it has also been linked to heart health, preventing age-related cognitive decline, and even reducing the risk of certain types of cancer. with consumers increasingly becoming health-conscious and seeking out natural ways to manage their health, the demand for vitamin k2 has only increased in recent years. another factor contributing to the demand for vitamin k2 in canada is the various available sources of this nutrient. vitamin k2 can be found in different forms, including mk-4 and mk-7, with mk-7 being the most bioactive and easily absorbed by the body. this variety of options allows consumers to choose the source that best suits their specific needs and preferences. in terms of regional demand, western canada dominates the market due to the growing trend of healthy eating and active lifestyles in cities like vancouver and calgary. the region has also seen a rise in the number of health and wellness outlets, such as organic and health food stores, that offer a wide range of dietary supplements, including vitamin k2. moreover, the demand for vitamin k2 in canada is also being fueled by the increasing availability of this nutrient in various forms, such as supplements, capsules, and fortified foods. convenience and ease of consumption are major factors that are driving consumers towards these options, ultimately leading to a higher demand for vitamin k2 in the market. in conclusion, the canada vitamin k2 market is witnessing a steady rise in demand, driven by factors such as its proven health benefits, various sources, and availability in different forms. with the growing focus on health and wellness, it is expected that the demand for this nutrient will continue to increase in the coming years.

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