India vitamin B1 market is expected
to grow at a steady rate during the forecast period. The India vitamin B1
market is driven by the changing lifestyle patterns and eating habits among the
population in the country. This in turn causes deficiency of vitamins and
important minerals causing various diseases such as Beriberi, among others.
This in turn has increased the demand for vitamin B1 supplements thereby
positively influencing the market growth over the next five years. Furthermore,
growing health consciousness among the population is expected to fuel the
market growth through FY2026. Also, increasing per capita healthcare
expenditure in the country is further expected to create lucrative
opportunities for the market growth over the next few years.
The India vitamin B1 market is
segmented based on product type, source, form, dosage strength, distribution
channel, application, end user, company and region. Based on product type, the
market can be categorized into thiamine nitrate type, thiamine hydrochloride
type and others. The thiamine nitrate type is expected to dominate the market
through FY2026. This can be ascribed to the fact that thiamine nitrate is the
most commonly available form of thiamine which can also be converted to
thiamine hydrochloride.
The major players operating in the
India vitamin B1 market are Meteoric Biopharmaceuticals Pvt. Ltd., Alpspure
Lifesciences Private Limited, GlaxoSmithKline Pharmaceuticals Ltd, DSM
Nutritional Products India Pvt. Ltd., Crystal Pharma, Qualitek Pharma Pvt. Ltd.,
Biophore India Pharmaceuticals Private Limited, Prachi Pharmaceuticals Pvt.
Ltd., Helichem Laboratories Pvt Ltd, Otto Chemie Pvt Ltd and others. Major
companies are developing advanced technologies and launching new products in
order to stay competitive in the market. Other competitive strategies include
mergers & acquisitions and new product developments.
Years considered for this report:
Historical Years: FY2016-FY2019
Base Year: FY2020
Estimated Year: FY2021
Forecast Period: FY2022–FY2026
Objective of the
Study:
- To analyze and estimate the market size of India
vitamin B1 market from FY2016 to FY2019.
- To estimate and forecast the market size of India
vitamin B1 market from FY2020 to FY2026 and growth rate until FY2026.
- To classify and forecast India vitamin B1 market
based on product type, source, form, dosage strength, distribution
channel, application, end user, company and regional distribution.
- To identify dominant region or segment in the India
vitamin B1 market.
- To identify drivers and challenges for India vitamin
B1 market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in India
vitamin B1 market.
- To identify and analyze the profile of leading
players operating in India vitamin B1 market.
- To identify key sustainable strategies adopted
by market players in India vitamin B1 market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of manufacturers across the globe. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the manufacturers which
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the manufacturers, distribution channels and presence of all
major players across the globe.
TechSci Research calculated the market size of India vitamin B1 market using a bottom-up approach, wherein data for various end-user segments
was recorded and forecast for the future years. TechSci Research sourced these
values from the industry experts and company representatives and externally
validated through analyzing historical data of these product types and
applications for getting an appropriate, overall market size. Various secondary
sources such as company websites, news articles, press releases, company annual
reports, investor presentations and financial reports were also studied by
TechSci Research.
Key Target Audience:
- Vitamin B1 manufacturers/
suppliers/ distributors
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to vitamin B1
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers, suppliers and partners, end users, etc., besides
allowing them in strategizing investments and capitalizing on market
opportunities.
Report Scope:
In this report, India vitamin B1 market has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
- India Vitamin B1 Market, By Product Type:
- Thiamine Nitrate Type
- Thiamine Hydrochloride Type
- Others
- India Vitamin B1 Market, By Source:
- In-House
- Contract Manufacturing Organizations
- India Vitamin B1 Market, By Form:
- Tablet
- Capsule
- Injectable Solution
- India Vitamin B1 Market, By Dosage Strength:
- India Vitamin B1 Market, By Distribution Channel:
- India Vitamin B1 Market, By Application:
- Beriberi
- Wernicke's Encephalopathy Syndrome
- Delirium
- Others
- India Vitamin B1 Market, By End User:
- India Vitamin B1 Market, By Region:
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in India vitamin B1 market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
India Vitamin B1 market is
an upcoming report to be released soon. If you wish an early delivery of this
report or want to confirm the date of release, please contact us at [email protected]