DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/jljjjs/china_vitamin) has announced the addition of the "China Vitamin Industry Report, 2014-2017" report to their offering.
China is the world's largest production base of vitamins, with vitamin C and vitamin E as its most important products: vitamin C and related products account for more than 60% of its total output and vitamin E takes up about 30%. Since 2009, influenced by the sluggish external demand and declining prices, China's output of vitamin products has been declining sharply. In 2013, the output of various types of vitamin products in China was about 201,000 tons, down 7.4% YoY.
China is also the world's largest export base of vitamins, mainly vitamin C, vitamin E and pantothenic calcium. In 2013, China's export volume of vitamin C and vitamin E accounted for 55.0% and 23.7% of total export volume over the same period. In addition, the proportions of D or DL-pantothenic acid (i.e. vitamin B3 or B5) have increased to 5.7%.
In recent years, the global and Chinese vitamin market has been exhibiting a monopolistic competition pattern. Since the vitamin industry has high technical barriers, the existing major producers have already formed their own competitive advantages and the cost of quitting is high. So it is estimated that in 2014-2017, the monopolistic competition pattern in China vitamin industry will persist.
Key Topics Covered
- Brother Enterprises
- CSPC Pharmaceutical
- Henan Topfond Pharmaceutical
- Hubei Guangji Pharmaceutical
- North China Pharmaceutical
- Northeast Pharmaceutical
- PKU Healthcare
- Shandong Xinhua Pharmaceutical
- Xinfa Pharmaceutical
- Zhejiang Hangzhou Xinfu Pharmaceutical
- Zhejiang Medicine
For more information visit http://www.researchandmarkets.com/research/jljjjs/china_vitamin
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Source: Research and Markets