Vitamin B1 Price Chart, Historical and Forecast Analysis | Procurement Resource

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Thiamine, commonly referred to as vitamin B1, is an essential water-soluble vitamin vital for optimal physiological function.

Belonging to the B-vitamin family, biotin is integral to overall health. Thiamine actively participates in numerous metabolic processes within the body, such as converting food into energy, synthesizing neurotransmitters, and regulating glucose metabolism.

Moreover, it plays a pivotal role in maintaining a healthy nervous system, muscle functionality, and cardiovascular well-being. Since the body does not produce thiamine on its own, it must be obtained through dietary sources or supplements. Excellent dietary sources of thiamine include whole grains, fortified cereals, legumes, nuts, and meat.

Deficiency in thiamine can lead to beriberi, a condition marked by fatigue, weakness, nerve damage, and cardiac complications. In severe cases, beriberi can be life-threatening.

China, Germany, the Netherlands, India, and Singapore are among the leading producers of vitamin B1 globally.

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Key Details About the Vitamin B1 Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Vitamin B1 price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Vitamin B1 Price chart, including India Vitamin B1 price, USA Vitamin B1 price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Vitamin B1 Price Trend:

Price Trend Image

Thiamine is commonly included in processed foods such as cereals and bread to mitigate deficiencies and enhance nutritional value.

In animal feed, thiamine is supplemented to augment nutritional levels and prevent deficiencies in livestock. Additionally, it is a component in various pharmacological formulations, including multivitamin and nutritional supplements.

Thiamine and its derivatives act as catalysts in numerous chemical reactions, facilitating the synthesis of organic molecules.

Due to its purported advantages for skin and hair health, thiamine is sometimes incorporated into cosmetic products such as hair and skincare items.

Key Players:

  • Charkit Chemical Company LLC
  • DSM Nutritional Products AG
  • Huazhong Pharmaceutical Co., Ltd.
  • Amway Corporation

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