Global Vitamin B6 (Pyridoxine Hydrochloride) Market Insights, Forecast to 2025
Vitamin B6 (Pyridoxine Hydrochloride) refers to a group of chemically similar compounds which can be interconverted in biological systems. Vitamin B6 (Pyridoxine Hydrochloride) is part of the vitamin B group of essential nutrients.
In global market, the production of Vitamin B6 (Pyridoxine Hydrochloride) increases from 7064 MT in 2012 to 7739 MT in 2016, at a CAGR of 2.31%. In 2016, the global Vitamin B6 (Pyridoxine Hydrochloride) market is led by China. Europe is the second-largest region-wise market.
At present, the major manufacturers of Vitamin B6 (Pyridoxine Hydrochloride) are Tianxin Pharmaceutical, DSM, Huazhong Pharmaceutical, Hegno and Guangji Pharmaceutical. Tianxin Pharmaceutical is the world leader, holding 41.53% production market share in 2016.
In application, Vitamin B6 (Pyridoxine Hydrochloride) downstream is wide and recently Vitamin B6 (Pyridoxine Hydrochloride) has acquired increasing significance in various fields of Animal Nutrition, Food & Beverage Industry, Pharmaceutical Industry and others. Animal Nutrition is the largest application field. In 2016, the Vitamin B6 (Pyridoxine Hydrochloride) Sales (MT) in Animal Nutrition was 6297, and it will reach 7752 MT in 2023; while the sales Market Share (%) in Animal Nutrition was 81.37% in 2016 and will be 79.67% in 2023.
In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, Vitamin B6 (Pyridoxine Hydrochloride) production will show a trend of steady growth. In 2023 the production of Vitamin B6 (Pyridoxine Hydrochloride) is estimated to be 10132 MT.
The global Vitamin B6 (Pyridoxine Hydrochloride) market is valued at 370 million US$ in 2018 and will reach 740 million US$ by the end of 2025, growing at a CAGR of 8.9% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Vitamin B6 (Pyridoxine Hydrochloride) market based on company, product type, end user and key regions.
This report studies the global market size of Vitamin B6 (Pyridoxine Hydrochloride) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Vitamin B6 (Pyridoxine Hydrochloride) in these regions.
This research report categorizes the global Vitamin B6 (Pyridoxine Hydrochloride) market by top players/brands, region, type and end user. This report also studies the global Vitamin B6 (Pyridoxine Hydrochloride) market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Tianxin Pharmaceutical
DSM
Huazhong Pharmaceutical
Hegno
Guangji Pharmaceutical
Market size by Product
Feed Grade
Pharmaceutical Grade
Food Grade
Market size by End User
Animal Nutrition
Food & Beverage Industry
Pharmaceutical Industry
Others
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Vitamin B6 (Pyridoxine Hydrochloride) market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Vitamin B6 (Pyridoxine Hydrochloride) market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Vitamin B6 (Pyridoxine Hydrochloride) companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Vitamin B6 (Pyridoxine Hydrochloride) submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Vitamin B6 (Pyridoxine Hydrochloride) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Vitamin B6 (Pyridoxine Hydrochloride) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
In global market, the production of Vitamin B6 (Pyridoxine Hydrochloride) increases from 7064 MT in 2012 to 7739 MT in 2016, at a CAGR of 2.31%. In 2016, the global Vitamin B6 (Pyridoxine Hydrochloride) market is led by China. Europe is the second-largest region-wise market.
At present, the major manufacturers of Vitamin B6 (Pyridoxine Hydrochloride) are Tianxin Pharmaceutical, DSM, Huazhong Pharmaceutical, Hegno and Guangji Pharmaceutical. Tianxin Pharmaceutical is the world leader, holding 41.53% production market share in 2016.
In application, Vitamin B6 (Pyridoxine Hydrochloride) downstream is wide and recently Vitamin B6 (Pyridoxine Hydrochloride) has acquired increasing significance in various fields of Animal Nutrition, Food & Beverage Industry, Pharmaceutical Industry and others. Animal Nutrition is the largest application field. In 2016, the Vitamin B6 (Pyridoxine Hydrochloride) Sales (MT) in Animal Nutrition was 6297, and it will reach 7752 MT in 2023; while the sales Market Share (%) in Animal Nutrition was 81.37% in 2016 and will be 79.67% in 2023.
In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, Vitamin B6 (Pyridoxine Hydrochloride) production will show a trend of steady growth. In 2023 the production of Vitamin B6 (Pyridoxine Hydrochloride) is estimated to be 10132 MT.
The global Vitamin B6 (Pyridoxine Hydrochloride) market is valued at 370 million US$ in 2018 and will reach 740 million US$ by the end of 2025, growing at a CAGR of 8.9% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Vitamin B6 (Pyridoxine Hydrochloride) market based on company, product type, end user and key regions.
This report studies the global market size of Vitamin B6 (Pyridoxine Hydrochloride) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Vitamin B6 (Pyridoxine Hydrochloride) in these regions.
This research report categorizes the global Vitamin B6 (Pyridoxine Hydrochloride) market by top players/brands, region, type and end user. This report also studies the global Vitamin B6 (Pyridoxine Hydrochloride) market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Tianxin Pharmaceutical
DSM
Huazhong Pharmaceutical
Hegno
Guangji Pharmaceutical
Market size by Product
Feed Grade
Pharmaceutical Grade
Food Grade
Market size by End User
Animal Nutrition
Food & Beverage Industry
Pharmaceutical Industry
Others
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Vitamin B6 (Pyridoxine Hydrochloride) market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Vitamin B6 (Pyridoxine Hydrochloride) market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Vitamin B6 (Pyridoxine Hydrochloride) companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Vitamin B6 (Pyridoxine Hydrochloride) submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Vitamin B6 (Pyridoxine Hydrochloride) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Vitamin B6 (Pyridoxine Hydrochloride) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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