Vitamin B4 Market Scope and Size by 2031
MARKET INTRODUCTION Shejal Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Vitamin B4 is also known as folic acid, adenine, or pantothenic acid. Vitamin B4 is the building block of the human body. It directly or indirectly impacts energy levels of the human body, functionality of the brain, and cell metabolism. Vitamin B4 aids in the prevention of infections. However, excessive, and unnecessary consumption of vitamin B4 can cause side effects such as excessive thirst, blurry vision, skin conditions, abdominal cramps, nausea, vomiting, increased urination, and diarrhea. Doctors prescribe vitamin B4 for the proper functioning of the brain and the heart. Vitamin B4 is recommended for the maintenance of healthy skin, nerves, and digestion.
MARKET DYNAMICS
The vitamin B4 market is driving due to the large-scale application of vitamin B4 in health supplements, increasing herbal, organic, and natural cosmetic products. However, the side effects of excessive vitamin B4 will hamper its growth. Moreover, increase in demand for various health supplements, food additives, and animal feeding in Asia Pacific is expected to provide opportunities in the global vitamin B4 market.
MARKET SCOPE
The "Vitamin B4 Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of Vitamin B4 market with detailed market segmentation by grade and application. The Vitamin B4 market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in Vitamin B4 market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The vitamin B4 market is segmented based on grade and application. Based on grade, the market is segmented into feed grade, food grade, and pharma grade. Based on application, the market is segmented as animal feeding, food additives, health supplements, pharmaceuticals, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Vitamin B4 market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Vitamin B4 market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Vitamin B4 market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social, and technological factors effecting the Vitamin B4 market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Vitamin B4 market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Vitamin B4 market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Vitamin B4 market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social, and technological factors effecting the Vitamin B4 market in these regions.
MARKET PLAYERS
The report covers key developments in the Vitamin B4 market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Vitamin B4 market are anticipated to have lucrative growth opportunities in the future with the rising demand for Vitamin B4 in the global market. Below mentioned is the list of few companies engaged in the Vitamin B4 market.
The report also includes the profiles of key players in Vitamin B4 market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- BASF
- F. Hoffmann-La Roche AG
- Chinook
- Liaoning Bicochem
- Hebei Global Food Additive
- Bioproducts
- Ducon
- UCB
- Jubilant Life Sciences
- Eastman
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Vitamin B4 Market - By Grade
1.3.2 Vitamin B4 Market - By Application
1.3.3 Vitamin B4 Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. VITAMIN B4 MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. VITAMIN B4 MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. VITAMIN B4 MARKET - GLOBAL MARKET ANALYSIS
6.1. VITAMIN B4 - GLOBAL MARKET OVERVIEW
6.2. VITAMIN B4 - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. VITAMIN B4 MARKET - REVENUE AND FORECASTS TO 2028 - GRADE
7.1. OVERVIEW
7.2. GRADE MARKET FORECASTS AND ANALYSIS
7.3. FEED GRADE
7.3.1. Overview
7.3.2. Feed Grade Market Forecast and Analysis
7.4. FOOD GRADE
7.4.1. Overview
7.4.2. Food Grade Market Forecast and Analysis
7.5. PHARMA GRADE
7.5.1. Overview
7.5.2. Pharma Grade Market Forecast and Analysis
8. VITAMIN B4 MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. ANIMAL FEEDING
8.3.1. Overview
8.3.2. Animal Feeding Market Forecast and Analysis
8.4. FOOD ADDITIVES
8.4.1. Overview
8.4.2. Food Additives Market Forecast and Analysis
8.5. HEALTH SUPPLEMENTS
8.5.1. Overview
8.5.2. Health Supplements Market Forecast and Analysis
8.6. PHARMACEUTICALS
8.6.1. Overview
8.6.2. Pharmaceuticals Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. VITAMIN B4 MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Vitamin B4 Market Overview
9.1.2 North America Vitamin B4 Market Forecasts and Analysis
9.1.3 North America Vitamin B4 Market Forecasts and Analysis - By Grade
9.1.4 North America Vitamin B4 Market Forecasts and Analysis - By Application
9.1.5 North America Vitamin B4 Market Forecasts and Analysis - By Countries
9.1.5.1 United States Vitamin B4 Market
9.1.5.1.1 United States Vitamin B4 Market by Grade
9.1.5.1.2 United States Vitamin B4 Market by Application
9.1.5.2 Canada Vitamin B4 Market
9.1.5.2.1 Canada Vitamin B4 Market by Grade
9.1.5.2.2 Canada Vitamin B4 Market by Application
9.1.5.3 Mexico Vitamin B4 Market
9.1.5.3.1 Mexico Vitamin B4 Market by Grade
9.1.5.3.2 Mexico Vitamin B4 Market by Application
9.2. EUROPE
9.2.1 Europe Vitamin B4 Market Overview
9.2.2 Europe Vitamin B4 Market Forecasts and Analysis
9.2.3 Europe Vitamin B4 Market Forecasts and Analysis - By Grade
9.2.4 Europe Vitamin B4 Market Forecasts and Analysis - By Application
9.2.5 Europe Vitamin B4 Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Vitamin B4 Market
9.2.5.1.1 Germany Vitamin B4 Market by Grade
9.2.5.1.2 Germany Vitamin B4 Market by Application
9.2.5.2 France Vitamin B4 Market
9.2.5.2.1 France Vitamin B4 Market by Grade
9.2.5.2.2 France Vitamin B4 Market by Application
9.2.5.3 Italy Vitamin B4 Market
9.2.5.3.1 Italy Vitamin B4 Market by Grade
9.2.5.3.2 Italy Vitamin B4 Market by Application
9.2.5.4 Spain Vitamin B4 Market
9.2.5.4.1 Spain Vitamin B4 Market by Grade
9.2.5.4.2 Spain Vitamin B4 Market by Application
9.2.5.5 United Kingdom Vitamin B4 Market
9.2.5.5.1 United Kingdom Vitamin B4 Market by Grade
9.2.5.5.2 United Kingdom Vitamin B4 Market by Application
9.2.5.6 Rest of Europe Vitamin B4 Market
9.2.5.6.1 Rest of Europe Vitamin B4 Market by Grade
9.2.5.6.2 Rest of Europe Vitamin B4 Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Vitamin B4 Market Overview
9.3.2 Asia-Pacific Vitamin B4 Market Forecasts and Analysis
9.3.3 Asia-Pacific Vitamin B4 Market Forecasts and Analysis - By Grade
9.3.4 Asia-Pacific Vitamin B4 Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Vitamin B4 Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Vitamin B4 Market
9.3.5.1.1 Australia Vitamin B4 Market by Grade
9.3.5.1.2 Australia Vitamin B4 Market by Application
9.3.5.2 China Vitamin B4 Market
9.3.5.2.1 China Vitamin B4 Market by Grade
9.3.5.2.2 China Vitamin B4 Market by Application
9.3.5.3 India Vitamin B4 Market
9.3.5.3.1 India Vitamin B4 Market by Grade
9.3.5.3.2 India Vitamin B4 Market by Application
9.3.5.4 Japan Vitamin B4 Market
9.3.5.4.1 Japan Vitamin B4 Market by Grade
9.3.5.4.2 Japan Vitamin B4 Market by Application
9.3.5.5 South Korea Vitamin B4 Market
9.3.5.5.1 South Korea Vitamin B4 Market by Grade
9.3.5.5.2 South Korea Vitamin B4 Market by Application
9.3.5.6 Rest of Asia-Pacific Vitamin B4 Market
9.3.5.6.1 Rest of Asia-Pacific Vitamin B4 Market by Grade
9.3.5.6.2 Rest of Asia-Pacific Vitamin B4 Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Vitamin B4 Market Overview
9.4.2 Middle East and Africa Vitamin B4 Market Forecasts and Analysis
9.4.3 Middle East and Africa Vitamin B4 Market Forecasts and Analysis - By Grade
9.4.4 Middle East and Africa Vitamin B4 Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Vitamin B4 Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Vitamin B4 Market
9.4.5.1.1 South Africa Vitamin B4 Market by Grade
9.4.5.1.2 South Africa Vitamin B4 Market by Application
9.4.5.2 Saudi Arabia Vitamin B4 Market
9.4.5.2.1 Saudi Arabia Vitamin B4 Market by Grade
9.4.5.2.2 Saudi Arabia Vitamin B4 Market by Application
9.4.5.3 U.A.E Vitamin B4 Market
9.4.5.3.1 U.A.E Vitamin B4 Market by Grade
9.4.5.3.2 U.A.E Vitamin B4 Market by Application
9.4.5.4 Rest of Middle East and Africa Vitamin B4 Market
9.4.5.4.1 Rest of Middle East and Africa Vitamin B4 Market by Grade
9.4.5.4.2 Rest of Middle East and Africa Vitamin B4 Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Vitamin B4 Market Overview
9.5.2 South and Central America Vitamin B4 Market Forecasts and Analysis
9.5.3 South and Central America Vitamin B4 Market Forecasts and Analysis - By Grade
9.5.4 South and Central America Vitamin B4 Market Forecasts and Analysis - By Application
9.5.5 South and Central America Vitamin B4 Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Vitamin B4 Market
9.5.5.1.1 Brazil Vitamin B4 Market by Grade
9.5.5.1.2 Brazil Vitamin B4 Market by Application
9.5.5.2 Argentina Vitamin B4 Market
9.5.5.2.1 Argentina Vitamin B4 Market by Grade
9.5.5.2.2 Argentina Vitamin B4 Market by Application
9.5.5.3 Rest of South and Central America Vitamin B4 Market
9.5.5.3.1 Rest of South and Central America Vitamin B4 Market by Grade
9.5.5.3.2 Rest of South and Central America Vitamin B4 Market by Application
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL VITAMIN B4 MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Middle East and Africa
10.5 South and Central America
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. VITAMIN B4 MARKET, KEY COMPANY PROFILES
12.1. BASF
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. F. HOFFMANN-LA ROCHE AG
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. CHINOOK
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. LIAONING BICOCHEM
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. HEBEI GLOBAL FOOD ADDITIVE
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. BIOPRODUCTS
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. DUCON
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. UCB
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. JUBILANT LIFE SCIENCES
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. EASTMAN
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies
1. BASF
2. F. Hoffmann-La Roche AG
3. Chinook
4. Liaoning Bicochem
5. Hebei Global Food Additive
6. Bioproducts
7. Ducon
8. UCB
9. Jubilant Life Sciences
10. Eastman
11. Akzonob
12. Impextraco
13. MGC Advanced Chemical
14. GHW
15. Kangtai Chemical
16. Jujia Biotech
17. Dazheng Feed Science & Technology
18. NB Group
19. Jinan Asia Pharmaceutical
20. Aocter Group
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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