Thiamine Mononitrate [Vitamin B1] Market

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Thiamine Mononitrate Vitamin B1 Market To Reach
USD 778.9 Million By 2027
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Market Summary
Surging demand for Thiamine Mononitrate Vitamin
B1 as a dietary supplement is one of the
significant factors influencing the market
growth. Market Size USD 528.7 Million in 2018,
Market Growth - CAGR of 4.3, Market Trends
Increasing occurrences of diseases caused by
vitamin B1 deficiency The global thiamine
Mononitrate vitamin B1 market is expected to
reach USD 778.9 Million by 2027, according to a
new report by Reports and Data. The growth of the
market is attributed to the growing application
of thiamine mononitrate vitamin B1, a
water-soluble vitamin needed to process
carbohydrates, fat, and protein. Thiamine
mononitrate vitamin B1 helps in enhancing the
body immunity. It is beneficial in improving the
health of the skin, eyes, hair, and liver, along
with the prevention of complications in the
nervous system, stomach, muscles, and heart,
among others. It is required by the body to
maintain the proper flow of electrolytes into and
out of nerve and muscle cells. Moreover, it aids
in preventing several disorders, including
beriberi, which involves the nerves, heart, and
digestive system.
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Our Approach
Market Summary

• Rising geriatric population is likely to boost
  the growth of the thiamine mononitrate vitamin
  B1 market in the upcoming years. Diets of the
  aged people are often high in carbohydrates,
  which surges the need for thiamine mononitrate
  vitamin B1. As per the Global Health and Aging
  report published by the WHO (World Health
  Organization), the number of people aged 65 years
  or older is estimated to increase from a
  projected 524 million in 2010 to approximately
  1.5 billion by 2050, with a significant
  percentage of increase in developing economies.
  Additionally, the number of people aged 65 years
  or older is anticipated to considerably surpass
  children younger than 5 years of age by 2050.
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Our Approach
Market Summary

• Key participants include BASF SE, DSM Nutritional
  Products AG, Tianjin Golden World Group, Xinfa
  Pharmaceutical, Huazhong Pharmaceutical, Brother
  Enterprises Holdings Co. Ltd., Jiangsu Jubang
  Pharmaceutical Co. Ltd., Jiangxi Tianxin
  Pharmaceutical Co., Ltd., Tianjin Zhongjin
  Pharmaceutical Co., Ltd., and Zhejiang Tianxin,
  among others.
• For the purpose of this report, Reports and Data
  have segmented the global thiamine mononitrate
  vitamin B1 market on the basis of grade,
  distribution channel, application, and region
• Grade Outlook (Volume, Kilo Tons 2016-2027 and
  Revenue, USD Million 2016-2027)
• Food Grade
• Feed Grade
• Pharmaceutical Grade
• Distribution Channel Outlook (Volume, Kilo Tons
  2016-2027 and Revenue, USD Million 2016-2027)
• Online
• Offline

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Our Approach
Market Summary

• Application Outlook (Volume, Kilo Tons 2016-2027
  and Revenue, USD Million 2016-2027)
• Animal Feed
• Food Beverage
• Pharmaceutical
• Personal care Cosmetics
• Regional Outlook (Volume, Kilo Tons 2016-2027
  and Revenue, USD Million 2016-2027)
• North America
• Europe
• Asia Pacific
• Latin America
• MEA
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About Us
Our Approach
About Us

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