In the first half of 2023, the global vitamin D3 market experienced varied trends across regions, reflected in the vitamin D3 price index. Asia observed a decrease in vitamin D3 prices attributed to diminished demand from pharmaceutical and nutraceutical sectors, resulting in increased inventories and price adjustments.
Europe witnessed a robust first quarter supported by Chinese market supply, yet encountered economic hurdles and mounting stockpiles in the second quarter, leading to price reductions. Similarly, North America experienced a positive first quarter propelled by downstream industry expansion and Asian trade, but encountered price declines in the second quarter due to inflation, decreased energy expenses, and weakened demand.
Request for Real-Time Vitamin D3 Prices: https://www.procurementresource.com/resource-center/vitamin-d3-price-trends/pricerequest
Definition
Vitamin D3, also known as cholecalciferol, is a fat-soluble vitamin that plays a vital role in maintaining overall health. It is naturally synthesized by the skin when exposed to sunlight or obtained through dietary sources. Vitamin D3 is essential for calcium absorption in the intestines, promoting healthy bones and teeth. Its properties include regulating immune system functions and contributing to cell growth and differentiation. Vitamin D3 deficiency can lead to bone diseases like rickets and osteoporosis. It is available as a dietary supplement and is commonly used to address vitamin D deficiencies and support bone health.
Key Details About the Vitamin D3 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 Vitamin D3 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 D3 Price chart, including India Vitamin D3 price, USA Vitamin D3 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 the Vitamin D3 Price Trend:
Vitamin D3, widely acknowledged for its significance in human health, extends its utility into industrial domains as well. Within the food industry, it serves as a fortifying agent, enhancing products such as dairy and breakfast cereals to combat vitamin D deficiencies. Furthermore, pharmaceutical companies produce vitamin D3 supplements to medically address deficiencies. Its application extends to animal feed, ensuring livestock and poultry receive essential nutrition for optimal growth and health. While its primary purpose remains the promotion of human and animal well-being, these industrial uses underscore its adaptability in tackling nutritional inadequacies across diverse sectors beyond the conventional healthcare realm.
Key Players:
- The Nature’s Bounty Co.
- Amway
- GlaxoSmithKline plc
- General Nutrition Centers, Inc
- Pfizers Inc.
About Us:
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients with up-to-date and pioneering practices in the industry to understand procurement methods, supply chains, and industry trends so that they can build strategies to achieve maximum growth.
Contact Us:
Company Name: Procurement Resource
Contact Person: Christeen Johnson
Email: sales@procurementresource.com
Toll Free Number: USA & Canada - Phone no: +1 307 363 1045 | UK - Phone no: +44 7537 132103 | Asia-Pacific (APAC) - Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA
