Global Vitamin B6 (Pyridoxine Hydrochloride) market will reach 740 million US$ by the end of 2025

Global Vitamin B6 (Pyridoxine Hydrochloride) market will reach 740 million US$ by the end of 2025 QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH

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QYResearch In global market, the production of Vitamin B6 (Pyridoxine Hydrochloride) increases from 7064 MT in 2012 to 7739 MT in 2016, at a CAGR of 2.31%.

In 2016, the global Vitamin B6 (Pyridoxine Hydrochloride) market is led by China. Europe is the second-largest region-wise market.

At present, the major manufacturers of Vitamin B6 (Pyridoxine Hydrochloride) are Tianxin Pharmaceutical, DSM, Huazhong Pharmaceutical, Hegno and Guangji Pharmaceutical. Tianxin Pharmaceutical is the world leader, holding 41.53% production market share in 2016.

QYR

• The global Vitamin B6 (Pyridoxine Hydrochloride) market is valued at USD 276.45 million in 2016 and is expected to reach USD 457.57 million by the end of 2023, growing at a CAGR of 8.76% between 2016 and 2023. • In application, Vitamin B6 (Pyridoxine Hydrochloride) downstream is wide and recently Vitamin B6 (Pyridoxine Hydrochloride) has acquired increasing significance in various fields of Animal Nutrition, Food & Beverage Industry, Pharmaceutical Industry and others. Animal Nutrition is the largest application field. In 2016, the Vitamin B6 (Pyridoxine Hydrochloride) Sales (MT) in Animal Nutrition was 6297, and it will reach 7752 MT in 2023; while the sales Market Share (%) in Animal Nutrition was 81.37% in 2016 and will be 79.67% in 2023.

QYR

In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, Vitamin B6 (Pyridoxine Hydrochloride) production will show a trend of steady growth. In 2023 the production of Vitamin B6 (Pyridoxine Hydrochloride) is estimated to be 10132 MT.

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