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Article: Vitamins Market Seeks to Recover.
- Article from:
- Chemical Market Reporter
- Article date:
- November 6, 2000
- Author:
CopyrightCOPYRIGHT 2000 Schnell Publishing Company, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Plagued with overcapacity and repercussions from the recent price-fixing scandals, the vitamins market is seeing some of its lowest prices in recent years. Vitamin A has been particularly hard hit, as has biotin, and vitamin C continues to face offshore competition from Chinese producers.
The global market for vitamins is valued at $2 billion, of which vitamins A, C and E account for more than 70 percent, according to a recent study on the vitamins market by UK-based L. Hepner and Associates.
Those three major vitamins each have sales of $400 million to $600 million, and the smaller-volume vitamins--B1, B2, niacin, B5, B6, B12, D3, folic acid and ...