This report studies the Inositol market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Inositol is a naturally occurring nutrient that is usually classified as a carbocyclic polyol. The most common form is sometimes referred to as myo-inositol. In the human body, it plays a major role in preventing the collection of fats in the liver, as well as promoting healthy hair growth. The presence of the nutrient also aids in efficient processing of nutrients into the conversion of energy, which in turn helps the body to maintain a healthy metabolism. It also can be considered brain food, as the nutrient is necessary to properly nourish the brain.
Inositol industry concentration is high; most of the manufacturers are in China, Zhucheng Haotian Pharm is the largest manufacturer in the world with annual capacity of 410 MT in 2015. Other important suppliers are Falcon Wealth (Jilin), Suning Yuwei and Shandong Haishun Biologicals. Due to policy and wide application of the industry, the production of inositol will increase to 9768in 2016 from 5295T in 2011 with average growth rate of 13.23%
In consumption market, the global consumption value of inositol increases with the 2.01% average growth rate. Europe and China are the mainly consumption regions due to the bigger demand of downstream applications. In 2015, these two regions occupied 47.54% of the global consumption volume in total.
Inositol has mainly three types, which include food grade inositol, feed grade inositol and pharmaceutical grade. And each type has application industries relatively. With nutrition effect of inositol, the downstream application industries will need more inositol products. So, inositol has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce high purity and good performance inositol through improving technology.
The major raw materials for inositol are corn or rice bran, and other auxiliary chemicals. Fluctuations in the price of the upstream product will impact on the production cost of inositol. The production cost of inositol is also an important factor which could impact the price of inositol. The inositol manufacturers are trying to reduce production cost by developing production method.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. In past five years, the price presents decreasing trend according to the economy development status and international competition. Also, there is decreasing trend in gross margin.
The global Inositol market was 94 million US$ in 2017 and is expected to 160 million US$ by the end of 2025, growing at a CAGR of 6.7% between 2018 and 2025.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Inositol in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Zhucheng Haotian Pharm
Shandong Haishun Biologicals
Shenghao biological technology
By the product type, the market is primarily split into
Food Grade Inositol
Feed Grade Inositol
Pharmaceutical Grade Inositol
By the end users/application, this report covers the following segments
Food & Beverages
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Inositol market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
To understand the structure of Inositol market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Inositol manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Inositol with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Inositol submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Inositol are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Inositol market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Inositol market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.