Press release
2020 Single Vitamin Market: Covering Prime Factors and Leading Key Players (DSM, BASF, Zhejiang Medicine, Kingdomway, Zhejiang NHU, Shandong Luwei) | Competitive Outlook Till 2025
Single Vitamin Market
Overview of Global Single Vitamin Market:
This report studies the Global Single Vitamin Market over the forecast period of 2020 to 2025. The Global Single Vitamin Market is expected to grow at an impressive Compound Annual Growth Rate (CAGR) from 2020 to 2025.
Some of the most significant key factors driving the growth of the Global Single Vitamin Market are rapid growth in the demand for functional and nutritionally enriched processed food products, the prevalence of vitamin deficiencies, and feed fortification due to rise in global meat & dairy product consumption.
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The Global Single Vitamin Market is segmented on the basis of Type, Application and Region. Based on the Type, the Global Single Vitamin Market is sub-segmented into Vitamin A, Vitamin B, Vitamin C, Vitamin D and others. On the basis of Application, the Global Single Vitamin Market is classified into Food Industry, Pharmaceuticals Industry, Feed Industry and others.
In terms of the geographic analysis, The Single Vitamin Market in North America is expected to grow at the highest CAGR during the forecast period. Moreover, the presence of major players in the Single Vitamin Market ecosystem results in the increasing adoption of these systems in North America.
Global Single Vitamin Market Objectives:
1 To provide detailed information regarding key factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the Single Vitamin Market
2 To analyze and forecast the size of the Single Vitamin Market, in terms of value and volume
3 To analyze opportunities in the Single Vitamin Market for stakeholders and provide a competitive landscape of the market
4 To define, segment, and estimate the Single Vitamin Market based on deposit type and end-use industry
5 To strategically profile key players and comprehensively analyze their market shares and core competencies
6 To strategically analyze micromarkets with respect to individual growth trends, prospects, and contribution to the total market
7 To forecast the size of market segments, in terms of value, with respect to main regions, namely, Asia Pacific, North America, Europe, the Middle East & Africa, and South America
8 To track and analyze competitive developments, such as new product developments, acquisitions, expansions, partnerships, and collaborations in the Single Vitamin Market
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Top Leading Key Manufacturers are: DSM, BASF, Zhejiang Medicine, Kingdomway, CSPC Pharmaceutical, Zhejiang NHU, Shandong Luwei, Northeast Pharma, North China Pharma, Shandong Tianli, Ningxia Qiyuan, Zhengzhou Tuoyang, Henan Huaxing, Anhui Tiger, Zhejiang Garden Biochemical High-tech, Taizhou Hisound Pharmaceutical and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Latest Business News:
DSM (March 12, 2020) - DSM announces partnership with SABIC and UPM Biofuels to create bio-based Dyneema - Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, SABIC, a global leader in the chemical industry, and UPM Biofuels, a leading producer of sustainable raw materials, today announced a partnership that will help to reduce the environmental footprint of Dyneema, the world's strongest fiber. The collaboration will see Dyneema transition to bio-based feedstock leveraging SABIC's ground-breaking TRUCIRCLE(TM) solutions for certified renewable products. As such, DSM is delivering on its commitment to improve the sustainability footprint of Dyneema, moving towards a circular, bio-based economy.
In December 2019, DSM announced ambitious sustainability targets for its Dyneema high performance fibers. This new partnership represents an important step in realizing the goal of sourcing at least 60% of its feedstock from bio-based raw material by 2030. The transition to bio-based feedstock will maintain the unique properties of Dyneema, enabling customers to adopt a more sustainable solution without compromising process efficiency or final product performance. The Dyneema bio-based material will be carrying the globally recognized ISCC Plus certification and will not require re-qualification of downstream products. Bio-based Dyneema will be available from April 2020.
UPM Biofuels produces bio-based feedstock UPM BioVerno from the residue of the pulping process. This is then processed by SABIC to make renewable ethylene under their TRUCIRCLE umbrella of solutions. TRUCIRCLE includes certified renewable products, specifically resins and chemicals from bio-based feedstock that are not in competition with the food chain and help to reduce carbon emissions. By applying a mass balancing approach, DSM is then able to create bio-based Dyneema fiber that delivers consistent durability and performance with a reduced environmental impact. The new partnership underlines DSM's commitment to working closely with partners and suppliers to realize a (more) sustainable value chain.
Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Single Vitamin in these regions, from 2013 to 2025 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America
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Major Points in Table of Contents:
Global Single Vitamin Market Report 2020
1 Single Vitamin Product Definition
2 Global Single Vitamin Market Manufacturer Share and Market Overview
3 Manufacturer Single Vitamin Business Introduction
4 Global Single Vitamin Market Segmentation (Region Level)
5 Global Single Vitamin Market Segmentation (Product Type Level)
6 Global Single Vitamin Market Segmentation (Industry Level)
7 Global Single Vitamin Market Segmentation (Channel Level)
8 Single Vitamin Market Forecast 2020-2025
9 Single Vitamin Segmentation Product Type
10 Single Vitamin Segmentation Industry
11 Single Vitamin Cost of Production Analysis
12 Conclusion
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Key Players Dominating the Global Vitamin Market
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