CATEGORY

Vitamins

Vitamins are natural and synthetic compounds that are present and/or added to food products to be consumed by human and animals for their wellness.

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    Vitamins Suppliers


    Vitamins Supplier

    Find the right-fit vitamins supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    CARGILL INCORPORATED
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

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    Up to 3 months

    1 9
    5
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    29

    100
    Weak (1)
    ESG Perfomance (/100)
    Environment
    38
    Social
    28
    Governance
    19
    6 Domains Performance (/100)
    Business behaviour
    38
    Human rights
    24
    Community Environment
    26
    Corporate governance
    9
    Human resources
    21
    Security Scorecard
    82

    Threat indicators
    B
    88
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    C
    77
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    C
    75
    Application Security
    Detecting common website application vulnerbilities
    C
    74
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    97
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    A
    93
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    95
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    cargill.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    23
    Workforce Health Safety Issues
    0
    Product Service Issues
    14
    Human Rights Issues
    23
    Production Supply Chain Issues
    8
    Environmental Non Compliance Flags
    45
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    25
    Fraud Issues
    5
    Labor Health Safety Flags
    48
    Regulatory Issues
    20
    Workforce Disputes
    6
    Sanctions
    0
    esg energy transition
    47
    Discrimination Workforce Rights Issues
    19
    esg controversies critical severity
    Yes

    Vitamins market report transcript


    Global Market Outlook on Vitamins

    China remains the best cost sourcing region, the prices of Vitamin B1 remain historic high levels  driven by tight supplies. The sellers however seem to have higher profits with increase in prices.Category Takeaway: Prices of Vitamin B1 to either stabilize at current levels or fall by 2-3 percent in 2018/2019  driven by demand rationing by buyers as the prices have touched historic highs.

    Price Outlook 2018/2019:
    Supply constraints in China still holds good ; this along with increasing demand from feed may keep the prices stable from the last year levels as the price of product has already reached its peak.

    Vitamin B1 Market Dynamics

    With changing market dynamics due to the removal of inspection process, more dealers and traders are expected to enter the market increasing the opportunity for better negotiation.

    Category Takeaway: Prices are expected to reduce marginally owing to change in Chinese regulations on product supply and inspection.

    Supply Market

    • India's alkyl amines increased capacity of acetonitrile to 10,000 Mt/yr and the same is expected to reach 30,000 Mt/yr by the end of 2019, thereby making surplus feedstock supplies in future
    • China is the predominant country supplying 85 percent of the global requirements
    • Owing to the recent change in the environment policy in China, many companies have either shut down or limited their production, leading to a 30 percent fall in supplies

    Demand Market  

    • The recent USDA approval of thiamine hydrochloride injectable injection manufactured by Sagent Pharmaceuticals shall boost the demand for thiamine additionally in the pharma sector thereby keeping it competitive for nutraceuticals
    • In 2018, demand for feed grade vitamins will increase in China given the fact that feed output have kept increasing, live pig raising activities have been standardized and antibiotics free-feed are advised for production.

    Price Trends 

    • Blaming strong demands and surging raw material prices, the major Chinese producers raised the prices for Vitamin B1in early January 2018 as well
    • However, with change in policies on inspection and pricing for domestic and foreign market, the prices are expected to drop in the near future.

    Value Chain & Cost Drivers

    • Despite higher environmental cost increased the prices of acetonitrile in 2017, prices are likely to witness a fall owing to increase in production from India.
    • Fixed cost remains the second driver of cost. A medium size plant requires at least $20 million worth of fixed cost for its operation

    Supplier Landscape

    • In February 2018, Chinese CIQ claimed that inspection on vitamin production is not necessary anymore and hence producer's lack the control of the goods as they do not need to acknowledge the destination of the goods as per the existing policy
    • The change in policy shall lead to entry of many distributor who can export to foreign market

    Raw Materials and Cost Drivers 

    Direct supply partnership with large producers can save cost and assure long term consistent supply

    Category Takeaway: Overall price surge in 2017 through 2018 was largely due to china's regulations and BASF's citral plant force majeure. Feedstocks supply trend, supplier power and increasing demand from feed industry are other major cost drivers. Price speculations by small producers are common.