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Article: Vitamins Market is Stable but Remains Fiercely Competitive.(Worldwide vitamin market)(International Pages)
- Article from:
- Chemical Market Reporter
- Article date:
- June 25, 2001
- Author:
CopyrightCOPYRIGHT 2001 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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The biotin market is tight while overcapacity, particularly in China, looms large in vitamin C.
The vitamins market has remained fairly stable over the past six months, except for biotin, which has experienced significant price increases due to a shortage of capacity. Vitamin C is plagued by overcapacity and pricing pressure exists in the other major segments. The pricing pressure led to recent restructuring in the vitamins market, but industry leaders Roche and BASF are proceeding with expansions in their vitamin operations.
The current worldwide market for the three largest vitamins--A, C and E--is roughly $2 billion, according to Leo Hepner, ...