With the deepening of scientific research, vitamin application has been expanding in recent years, and has become an essential medical and health product in people’s daily life. With the transfer of global manufacturing industry in the 90s of the last century, global vitamin production was gradually concentrated in China. 20 years later, China relies on its strong manufacturing capabilities, not only to build vitamin as one of the largest export varieties of API, but also become the main country for international companies to purchase vitamins.
In 2015, China vitamin production reached 262 thousand tons, an increase of 4% compared to the same period last year. The increase of its output mainly came from vitamin E, vitamin A, nicotinamide, nicotinic acid and calcium pantothenate. China’s vitamin production accounts for 69.1 of global production, with a market value of $2 billion 450 million, and 201 thousand tons of vitamin a year in the year, up 3% from the same year. In 2016, China vitamin production was 275 thousand tons, an increase of 5% over the same period, accounting for 70.5% of the world’s output. Because of the sharp rise in prices, the market value reached 2 billion 860 million yuan, an increase of 17.1% over the same period last year. In 2016, China’s vitamin exports were 213 thousand tons, up 6% from the same period, and the export amount was $2 billion 150 million, up 14.3% from the same period.
The market of vitamin beverage is increasing rapidly, and the internal structure change has stimulated the increase of vitamin consumption. The consumption structure of downstream feed, medicine and cosmetics, food and beverage is stable. Besides vitamin C, the global vitamin consumption is 65% for feed additives, the market share of pharmaceutical cosmetics and food and beverage is 25% and 10% respectively. In addition to a small number of varieties, such as vitamin B12, vitamin B1, and so on, most of the other varieties of vitamin in the feed ratio of more than 60%. The growth rate of the food and beverage market (estimated at about 5%) was relatively fast relative to medicine (2~3%) and feed (1%~2%). On the other hand, in order to ensure the growth of animals to resist stress, immunity and even improve the quality of livestock and poultry, the basic nutritional level of feed needs to be improved, which is conducive to the growth of vitamin consumption. In scale and intensive production farms, the amount of vitamin K3, vitamin B12, biotin and nicotinamide should be significantly higher than that of the general farm.
The amount of China vitamin export continues to grow. From December 2015, China vitamin export volume began to increase significantly. In December 2015 -2016 July, China average monthly export of vitamin A increased by 18% compared with the normal situation. China is a major producer of vitamin in the world. More than 70% of its products are used for export. It plays an important role in the formulation of global product standards and application standards. From the export region structure, 2016 exports to Europe and North America share a steady increase. In 2016, China exported to the United States vitamin B1, vitamin B6, vitamin C, folic acid, natural vitamin E and other year-on-year growth. China share of exports to Europe to maintain steady growth, on the one hand, benefited from the European feed production recovery, on the other hand, the strategic adjustment of benefit from European vitamin manufacturers, focus on high-end products such as pharmaceutical production field, gradually give up the production of feed grade vitamin, instead from the Chinese purchase. In 2016, the number of vitamin B12, vitamin C, vitamin D3, biotin, vitamin K3, nicotinamide, folic acid and other varieties were increased to Europe.
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