The importance of vitamins has been preached to people since their childhood, with school curriculums educating the children about the importance of vitamins at a much younger age. The importance of vitamins have been stressed to the general population for a long time, but still, the changes in lifestyle in the modern diet has caused multiple cases of vitamin deficiency. Such vitamin deficiencies can result in diseases and disorders such as scurvy, night blindness, and xerophthalmia. To tackle such problems, vitamin manufacturers have started producing vitamins in the form of dietary supplements. Additionally, vitamins are also used in the cosmetics industry due to benefits such as skin nourishment, improved hair texture, and anti-oxidant properties. The procurement market intelligence report on the global vitamin market states that animal feeds are the major end-use sector in terms of vitamin application, constituting approximately 42%-45% of the market.
Top Vitamin Manufacturers
BASF SE
BASF SE is a German chemical company that has a diversified portfolio, divided into five major segments, including chemicals, performance products, agricultural solutions, oil and gas, and functional materials and solutions. Their product for human nutrition includes dietary supplements, functional nutrition, medical nutrition, infant & maternal nutrition, beverages, and food. They are of the of top vitamin manufacturers who manufactures enzymes, glycinates, carotenoids, organic acids, vitamins, clay products, and CLA. The company caters to end-user industries such as automotive, agriculture, plastics and rubber, construction, electronics and electrical, packaging, and paints and coatings
Royal DSM
Royal DSM is a Dutch multinational company that provides products and services related to health, nutrition, and materials. Their major business segment includes nutrition, innovation center, performance materials, and corporate activities. The company has been a market leader in terms of vitamin development and manufacturing for over 70 years. The company caters to industries such as automotive, electronics, energy, food, beverages, and dietary supplements, marine, medical, and personal care.
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Lonza
Lonza is a life sciences company and also the world’s leading supplier of Vitamin B3 for over 40 years. The company provides integrated solutions to buyers across markets such as pharmaceutical, biotech, and specialty ingredients. In recent times, the company has invested heavily in studies to understand the role supplemental niacin plays in both human and animal health. In 2016, the group reported revenues of over US$4 billion from over 100 countries.
Adisseo
Adisseo is a world leader in additives and nutritional solutions for animal feed with offices all around the world such as France, Georgia, Brazil, China, and Singapore. Among the leading vitamin manufacturers for animal feed, the company sells its vitamin under the brand name Microvit. The company also has other brands in animal nutrition product such as Rhodimet, Rovabio, Selisseo, AdiSodium, and Alterion.
ADM
Archer Daniels Midland (ADM) is a global food processing and commodities trading corporation, which procures, stores, processes, transports, and merchandises agricultural commodities and products. ADM is also the largest producer of natural source Vitamin E and mixed tocopherols. The company also boasts the broadest vitamin E product line with alcohols, tablet and compounding applications, and acetates and succinates in a wide range of manufacturer-friendly forms for capsules.
SpendEdge Advantage
SpendEdge’s procurement report on the global vitamins market talks about the top vitamin manufacturers along with vitamin suppliers, competitive landscape, pricing insights, and procurement insights.
