(Health-NewsWire.Net, July 07, 2018 ) The global Vitamin B1 (Thiamine Mononitrate) market is valued at 560 million US$ in 2017 and will reach 810 million US$ by the end of 2025, growing at a CAGR of 4.7% during 2018-2025.
Vitamin B1, or Thiamine normally appears as the form of Thiamine Mononitrate, or it can be converted to Thiamine Hydrochloride which is used for specific use. The report covers both Thiamine Mononitrate in its original form or its derivative Thiamine Hydrochloride. Thiamine Hydrochloride type product takes 31.22% share of global market in terms of sales volume. The price of Hydrochloride type is a bit higher than Mononitrate type, but the gap is not significant.
The price of Thiamine was around 20-30 USD/Kg during 2012 to 2014, due to the fierce competition among manufacturers. Since 2015, the manufacturers are facing pressure from environmental policy. Manufacturing cost lifted, while supply ability stagnated. The price of Thiamine increased 32% in 2015, and 42% in 2016. It is forecasted the price of Thiamine would keep high in the coming years due to the lack of supply. The Global Vitamin B1 market volume was 7791 MT in 2016 and it will be 9981 MT in 2023, with a Growth Rate of 3.60% from 2016 to 2023.
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Companies profiled in this report are Brother Enterprises, Huazhong Pharma, Zhejiang Tianxin, DSM and more.
Analysis by Product Types, with production, revenue, price, market share and growth rate of each type, can be divided into
• Thiamine Nitrate Type
• Thiamine Hydrochloride Type
Analysis by Applications, this report focuses on consumption, market share and growth rate of Vitamin B1 (Thiamine Mononitrate) in each application, can be divided into
• Feed Additive
• Food Additive
• Pharmaceutical, Supplement and Cosmetics
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Table of Contents:
1 Vitamin B1 (Thiamine Mononitrate) Market Overview
2 Global Vitamin B1 (Thiamine Mononitrate) Market Competition by Manufacturers
3 Global Vitamin B1 (Thiamine Mononitrate) Capacity, Production, Revenue (Value) by Regions (2013-2018)
4 Global Vitamin B1 (Thiamine Mononitrate) Supply (Production), Consumption, Export, Import by Regions (2013-2018)
5 Global Vitamin B1 (Thiamine Mononitrate) Production, Revenue (Value), Price Trend by Types
6 Global Vitamin B1 (Thiamine Mononitrate) Market Analysis by Applications
7 Global Vitamin B1 (Thiamine Mononitrate) Manufacturers Profiles/Analysis
8 Vitamin B1 (Thiamine Mononitrate) Manufacturing Cost Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
11 Market Effect Factors Analysis
12 Global Vitamin B1 (Thiamine Mononitrate) Market Forecast (2018-2025)
13 Research Findings and Conclusion
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