CCM’s recent vitamin report, Analysis of Price of Feed-grade Vitamin in 2014, China's feed-grade vitamin prices in 2014 have been analyzed exhaustively from the following aspects:
- Company dynamics in 2014;
- Market prices and fluctuation, 2013-2014;
- Export situation in 2014
China’s Feed-grade Vitamin Market Likely to Recover as Poultry Market Restores Balance
1. China’s Feed-grade Vitamin Market Likely to Recover as Poultry Market Restores Balance
Vitamin was found and developed since 1909, after a hundred years’ development, more and
more vitamin varieties and applications are discovered and exploited. Currently, feed application
has accounted for 50% of the total vitamin consumption in the world market.
In recent years, China's feed industry has witnessed rapid development, with feed production
increased from 2 million tonnes in 1980 to 193 million tonnes in 2013. However, due to the
erupting bird flu, both the domestic poultry industry and feed-grade vitamin industry have seen
sluggish growth in 2014.
Hot topics in China’s vitamin industry in 2014:
-On 19 March, 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 of vitamin A, fragrance and flavor, vitamin E and other products.
However, even though BASF's citral resumed production as soon as in April 2014, the domestic
supply situation didn't change quickly.
-On 11 July, 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 25 Oct. 2014, Shandong Haineng Bioengineering Co., Ltd. conducted "25-hydroxyvitamin D3"
press conference in International Conference Center of Jinan City, Shandong Province. Haineng
Bioengineering launched 25-hydroxyvitamin D3, which means that China is expected to break
monopoly on technology and market dominated by foreign countries to some extent. And it
speeds up the production and efficiency of livestock and poultry breeding.
CCM’s recent vitamin report, Analysis of Price of Feed-grade Vitamin in 2014, China's feed-grade
vitamin prices in 2014 have been analyzed exhaustively from the following aspects:
- Company dynamics in 2014;
- Market prices and fluctuation, 2013-2014;
- Export situation in 2014
It is predicted that the supply and demand in the domestic poultry market will achieve a balance
in 2015, and the consumption of feed will recover with an annual grow rate of 3-5%. In the next
few years, the vitamin industry in China will continue to be promising and worthy of investing in.
For more information, please visit:
http://www.cnchemicals.com/Product/Report/2562/analysis-of-price-of-feed-grade-vitamin-in-2
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