Global Vitamin B6 Sales Market Report 2021

SKU ID : QYR-17411741

No. of pages : 130

Publishing Date : 18-Feb-2021

Vitamin B6 (Pyridoxine Hydrochloride) refers to a of chemically similar compounds which can be interconverted in biological systems. Vitamin B6 (Pyridoxine Hydrochloride) is part of the vitamin B 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.

Market Analysis and Insights: Global Vitamin B6 Market
The global Vitamin B6 market was valued at US$ 533.8 in 2020 and will reach US$ 890.4 million by the end of 2027, growing at a CAGR of 8.9% during 2022-2027.

Global Vitamin B6 Scope and Market Size
The global Vitamin B6 market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Vitamin B6 market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

Segment by Type
Feed Grade
Pharmaceutical Grade
Food Grade

Segment by Application
Animal Nutrition
Food & Beverage Industry
Pharmaceutical Industry
Others

The Vitamin B6 market is analysed and market size information is provided by regions (countries). Segment by Application, the Vitamin B6 market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

By Company
Tianxin Pharmaceutical
DSM
Huazhong Pharmaceutical
Hegno
Guangji Pharmaceutical

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects...
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