The latest report titled “Vitamin B1 Production Cost” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Vitamin B1.
Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, production cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the production process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.
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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Vitamin B1 production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Vitamin B1 Production Process:
1. Vitamin B1 Production Cost From Fermentation of Microorganisms: This report presents the detailed production methodology and cost analysis of vitamin B1 industrial production across vitamin B1 manufacturing plants. In this process, a unique strain of microorganisms, like a yeast mutant, is fermented in an acidified fermentation medium. This medium is enriched with ammonium sulfate and ammonium phosphate. The vitamin is secreted by the microorganism into the fermentation medium, which is then separated from the microorganism. The elution process extracts the vitamin using the ion exchange method, separating it from the eluate.
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Product Definition:
Vitamin B1, also known as thiamine, is a white crystalline solid that can be dissolved in water but not in alcohol. As a food additive, it is commonly used to fortify foods and also as a nutritional supplement. It is commonly found in various foods, including whole grains, cereals, nuts, meat, beans, as well as peas. It is a crucial nutrient that helps in transforming carbohydrates into useful products from food for the body. It is also used in treating beriberi. Thiamine injection is used to treat beriberi, a severe condition caused by a prolonged deficiency of Vitamin B1. Furthermore, this nutrient is found in fruits and vegetables including cauliflower, oranges, potatoes, asparagus, and kale. Other sources of this vitamin include liver, eggs, brewer's yeast, and blackstrap molasses. Vitamin B1 is often added to breakfast cereals and products made with white flour or white rice to enhance their nutritional value.
Market Drivers:
The vitamin B1 market is predicted to experience steady growth throughout the forecast period. This growth can be attributed to changing lifestyles and eating habits leading to vitamin and mineral deficiencies, which can result in illnesses such as Beriberi. To combat these deficiencies, there has been an increased demand for vitamin B1 supplements, which is expected to positively influence market growth over the next five years. The market is segmented by product type, source, form, dosage strength, distribution channel, application, end-user, company, and region. The thiamine nitrate type is expected to dominate the market due to its widespread availability and ability to be converted to thiamine hydrochloride. Additionally, rising health awareness and per capita healthcare expenditure are expected to create lucrative opportunities for market growth in the upcoming years.
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