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Thiamine Mononitrate [Vitamin B1] Market

The study segments Thiamine Mononitrate [Vitamin B1] industry in light of major classification such as product type, potential markets, application, and end-user.

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Thiamine Mononitrate [Vitamin B1] Market

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  1. Thiamine Mononitrate [Vitamin B1] Market To Reach USD 778.9 Million By 2027

  2. Market Summary Surging demand for Thiamine Mononitrate [Vitamin B1] as a dietary supplement is one of the significant factors influencing the market growth. Market Size – USD 528.7 Million in 2018, Market Growth - CAGR of 4.3%, Market Trends – Increasing occurrences of diseases caused by vitamin B1 deficiency The global thiamine Mononitrate [vitamin B1] market is expected to reach USD 778.9 Million by 2027, according to a new report by Reports and Data. The growth of the market is attributed to the growing application of thiamine mononitrate [vitamin B1], a water-soluble vitamin needed to process carbohydrates, fat, and protein. Thiamine mononitrate [vitamin B1] helps in enhancing the body immunity. It is beneficial in improving the health of the skin, eyes, hair, and liver, along with the prevention of complications in the nervous system, stomach, muscles, and heart, among others. It is required by the body to maintain the proper flow of electrolytes into and out of nerve and muscle cells. Moreover, it aids in preventing several disorders, including beriberi, which involves the nerves, heart, and digestive system.

  3. Our Approach Our Approach Market Summary Rising geriatric population is likely to boost the growth of the thiamine mononitrate [vitamin B1] market in the upcoming years. Diets of the aged people are often high in carbohydrates, which surges the need for thiamine mononitrate [vitamin B1]. As per the Global Health and Aging report published by the WHO (World Health Organization), the number of people aged 65 years or older is estimated to increase from a projected 524 million in 2010 to approximately 1.5 billion by 2050, with a significant percentage of increase in developing economies. Additionally, the number of people aged 65 years or older is anticipated to considerably surpass children younger than 5 years of age by 2050. Request for a sample of this research report @ https://www.reportsanddata.com/sample- enquiry-form/2683

  4. Our Approach Our Approach Market Summary Key participants include BASF SE, DSM Nutritional Products AG, Tianjin Golden World Group, Xinfa Pharmaceutical, Huazhong Pharmaceutical, Brother Enterprises Holdings Co. Ltd., Jiangsu Jubang Pharmaceutical Co. Ltd., Jiangxi Tianxin Pharmaceutical Co., Ltd., Tianjin Zhongjin Pharmaceutical Co., Ltd., and Zhejiang Tianxin, among others. For the purpose of this report, Reports and Data have segmented the global thiamine mononitrate [vitamin B1] market on the basis of grade, distribution channel, application, and region: Grade Outlook (Volume, Kilo Tons; 2016-2027 and Revenue,USD Million; 2016-2027) • Food Grade • Feed Grade • Pharmaceutical Grade Distribution Channel Outlook (Volume, Kilo Tons; 2016-2027 and Revenue,USD Million; 2016-2027) • Online • Offline

  5. Our Approach Our Approach Market Summary Application Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027) • Animal Feed • Food & Beverage • Pharmaceutical • Personal care & Cosmetics Regional Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027) • North America • Europe • Asia Pacific • Latin America • MEA Order Now: https://www.reportsanddata.com/checkout-form/2683

  6. About Us Our Approach Our Approach About Us About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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