China vitamin market turns unusually hot with prices of many varieties show an uptrend in 2014
1. China vitamin market turns unusually hot with prices of many varieties show an
uptrend in 2014
In 2014, Chinese animal husbandry and feed markets are relatively weak, but the vitamin
market is unusually hot, with the prices of many varieties show an uptrend. According to
southmoney.com, this is mainly due to the adjustment of relevant domestic environmental
policies and the frequently occurred mergers & acquisitions, which have changed the domestic
vitamin market pattern. Also, Southmoney predicted that the influence from these two factors
will continue shape the market in the following two or three years.
In this context, it is noteworthy to take a glance at the hot spots in China’s vitamin industry in
2014, as they reflect how vitamin industry players respond to the fast changing trends and the
intensifying competition in the market.
On March 19, 2014, BASF released a statement, explaining that its citral production line in
Germany plant had suffered a fire and had to close down. BASF's total citral capacity accounts
for more than 60% of the global capacity, thus the fire led to a tight supply of citral and had a
huge impact on the downstream industries. However, BASF's citral production recommenced
soon in April 2014, while the domestic supply was not influenced much.
On July 11, 2014, DSM announced that it had reached an agreement to acquire Aland
Nutraceutical, a leading producer of vitamin C in China. Through the acquisition, DSM will be
able to further strengthen its status in the vitamin C market and spread its domains all over the
world in human nutrition and health care, animal nutrition and health care, and personal care.
On Oct. 25, 2014, Shandong Haineng Bioengineering conducted a "25-hydroxyvitamin D3"
press conference in International Conference Center of Jinan City, Shandong Province.
Haineng Bioengineering’s launching 25-hydroxyvitamin D3 indicates that China aims to break
the foreign countries’ monopoly on technology and market dominance to some extent. And this
also helps speed up the production and efficiency of livestock and poultry breeding.
CCM’s recent vitamin report Annual Review of Hot Spots in China's Vitamin Industry in
2014 covers the main hot spots in China's vitamin industry in 2014. In detail, it includes:
- Market Price of Folic Acid Has Maintained Upward Trend since Jan. 2014
- Fire Happened in Germany Plant of BASF
- Garden Biochemical Suspended Production of Cholesterol
- DSM Acquired Aland Nutraceutical
- Xinfu Pharmaceutical Combined Two Subsidiaries
- 25-Hydroxyvitamin D3 Launched by Haineng Bioengineering
- New Production Line of VB3 in Nansha Lonza Launched
For more information of the report or need or copy, please visit:
http://www.cnchemicals.com/Product/Report/2559/annual -review-of-hot-spots-in-china-s-vita
min-industry-in-2014-edition-1