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Vitamin B
Market, Supplier, Risk and
Competitive Intelligence

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  • PRO access to Beroe LiVE.Ai™
  • Category Report with unlimited updates
  • Supplier Watchlist for 3 suppliers
  • Supplier Shortlisting Tool

With this purchase you will be subscribed for a 12-month PRO membership to AI Powered Procurement Productivity Suite - Beroe LiVE.Ai™

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Manage Vitamin B Category with Ai powered
Procurement Productivity Suite

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Abi will answer all Vitamin B related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

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Get up-to-date market and supplier info on Vitamin B to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

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Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

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Assess Supplier Risk based on key risk and compliance parameters

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Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

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Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

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Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

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Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

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Benchmark your category performance against peers and the market

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Measure category performance on 15 key parameters across cost, risk and strategy KPIs

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Get information on key factors affecting your supply

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Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

meet-abi-1

Abi will answer all Vitamin B related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

discover-market-info

Get up-to-date market and supplier info on Vitamin B to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

1

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

manage-risk

Assess Supplier Risk based on key risk and compliance parameters

1

Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

2

Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

discover-supplier

Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

1

Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

assess-category-perforamnce

Benchmark your category performance against peers and the market

1

Measure category performance on 15 key parameters across cost, risk and strategy KPIs

source-market-indices

Get information on key factors affecting your supply

1

Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

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Report Coverage

  1. Market Overview
  2. Price Trend Analysis
  3. Value Chain and Supply Analysis
  4. Cost Drivers

Production Size

Global Production Size/ Capacity

$642 Million (2020 E)

CAGR

4–5 percent

Expected Global Production Size/ Capacity

$737 million (2023)

Table of Contents

  1. Executive Summary
  2. Market Snapshot
  3. Global Market Outlook
  4. COVID-19 Impact
  1. Market Overview – Vitamin B1
  2. Market Overview
  3. Price Trend Analysis
  4. Value Chain and Supply Analysis
  5. Cost Drivers
  6. Cost Breakdown
  1. Market Overview-Vitamin B6
  2. Market Overview
  3. Price Trend Analysis
  4. Value Chain and Supply Analysis
  5. Cost Drivers
  6. Cost Breakdown
  1. Market Overview-Vitamin B12
  2. Market Overview
  3. Price Trend Analysis
  4. Value Chain and Supply Analysis
  5. Cost Drivers
  6. Cost Breakdown

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Vitamin B Global Market Outlook:

MARKET OVERVIEW
Global market size of Vitamin B1 – $642 Million
(2020 E) Expected to grow at a CAGR of 4–5 percent to $737 million by 2023.

Market Trends

  • Manufacturing of vitamins using chemical technology or fermentation involves technical expertise, which adds up to the R&D cost.
  • Raw material occupies a major chunk in the manufacturing of most vitamins.

Market Overview-Vitamin B1:

  • Vitamin B1 or thiamine is majorly manufactured for the use in pharma or dietary supplements industry. Part of the global supply also goes into the manufacturing of food and feed
  • Market for vitamin B1 is highly concentrated in China, just like many other vitamins. DSM is the major manufacturer of vitamin B1 outside China. However, most of their production is to meet their captive demand

Market Overview-Vitamin B6:

  • The global capacity of vitamin B6 was estimated to be 12–15 KT in 2019, Chinese manufacturers hold the largest market shares by volume
  • There are several applications for vitamin B6 in various fields, such as animal nutrition, food & beverage industry, pharmaceutical industry, and others
  • Vitamin B6 is among the various vitamins, whose demand has increased, due to COVID-19. Sanofi has particularly reported the sales of these vitamin B, C, and E increasing considerably in China

Market Overview-Vitamin B12:

  • Vitamin B12 is the most expensive API compared to other vitamins because of its complex production process
  • The global consumption volume of vitamin B12 was around 220–250 MT in 2019
  • Several studies have claimed that vitamin B12 can reduce the rate of progression of COVID-19, and this has triggered a surge in the demand for vitamin B12

With this purchase you will be subscribed for a 12-month PRO membership to AI Powered Procurement Productivity Suite - Beroe LiVE.Ai™

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