Inositol Market Research Report offered by DecisionDatabases.com provides a detailed study on the industrial development of the market under the forecast period 2019-2025. The Global Inositol Industry Report gives an elaborate information about the market size, share and analyzes the complete value chain the report also covers the market dynamics enriching business strategists with quality data about the Inositol market.
This research report categorizes the global Inositol market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.
Inositol is a naturally occurring nutrient that is usually classified as a carbocyclic polyol. The most common form is sometimes referred to as myo-inositol. In the human body, it plays a major role in preventing the collection of fats in the liver, as well as promoting healthy hair growth. The presence of the nutrient also aids in efficient processing of nutrients into the conversion of energy, which in turn helps the body to maintain a healthy metabolism. It also can be considered brain food, as the nutrient is necessary to properly nourish the brain.
- Inositol industry concentration is high; most of the manufacturers are in China, Zhucheng Haotian Pharm is the largest manufacturer in the world with annual capacity of 410 MT in 2015. Other important suppliers are Falcon Wealth (Jilin), Suning Yuwei and Shandong Haishun Biologicals. Due to policy and wide application of the industry, the production of inositol will increase to 9768in 2016 from 5295T in 2011 with average growth rate of 13.23%
In consumption market, the global consumption value of inositol increases with the 2.01% average growth rate. Europe and China are the mainly consumption regions due to the bigger demand of downstream applications. In 2015, these two regions occupied 47.54% of the global consumption volume in total.
Inositol has mainly three types, which include food grade inositol, feed grade inositol and pharmaceutical grade. And each type has application industries relatively. With nutrition effect of inositol, the downstream application industries will need more inositol products. So, inositol has a huge market potential in the future.
Manufacturers engaged in the industry are trying to produce high purity and good performance inositol through improving technology.
The major raw materials for inositol are corn or rice bran, and other auxiliary chemicals. Fluctuations in the price of the upstream product will impact on the production cost of inositol. The production cost of inositol is also an important factor which could impact the price of inositol. The inositol manufacturers are trying to reduce production cost by developing production method.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. In past five years, the price presents decreasing trend according to the economy development status and international competition. Also, there is decreasing trend in gross margin.
In 2017, the global Inositol market size was 94 million US$ and is forecast to 160 million US in 2025, growing at a CAGR of 6.7% from 2018. The objectives of this study are to define, segment, and project the size of the Inositol market based on company, product type, application and key regions.
The various contributors involved in the value chain of Inositol include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in the Inositol include
- TSUNO
- Zhucheng Haotian Pharm
- Falcon Wealth(Jilin)
- Suning Yuwei
- Shandong Haishun Biologicals
- Jingkai Biotechnology
- Shenghao biological technology
Market Size Split by Type
- Food Grade Inositol
- Feed Grade Inositol
- Pharmaceutical Grade Inositol
- Other
Market Size Split by Application
- Pharmaceuticals
- Food & Beverages
- Cosmetic
- Feed Additive
- Others
Market size split by Region
- North America
- United States
- Canada
- Mexico
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Indonesia
- Singapore
- Malaysia
- Philippines
- Thailand
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Central & South America
- Brazil
- Rest of Central & South America
- Middle East & Africa
- GCC Countries
- Turkey
- Egypt
- South Africa
The study objectives of this report are:
- To study and analyze the global Inositol market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
- To understand the structure of Inositol market by identifying its various subsegments.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- Focuses on the key global Inositol manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Inositol with respect to individual growth trends, future prospects, and their contribution to the total market.
- To project the value and volume of Inositol submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.