Vitamin B1, also known as thiamine, is a crucial water-soluble nutrient essential for optimal physiological function. It plays a pivotal role in various metabolic processes, including the conversion of food into energy, neurotransmitter synthesis, and glucose metabolism. Additionally, thiamine contributes to maintaining a healthy neurological system, muscle function, and cardiovascular health. Since the body does not produce thiamine, it must be obtained through diet or supplements. Foods rich in thiamine include whole grains, fortified cereals, legumes, nuts, and meat.
Thiamine deficiency can lead to beriberi, a condition characterized by fatigue, weakness, nerve damage, and heart problems. In severe cases, beriberi can be life-threatening.
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Notably, China, Germany, the Netherlands, India, and Singapore are the top producers of vitamin B1 globally.
Vitamin B1 Price Index: Thiamine's importance is reflected in its market value, with its price index being influenced by factors such as production volumes, demand trends, and global supply chains.
Key Details About the Vitamin B1 Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Vitamin B1 price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Vitamin B1 Price chart, including India Vitamin B1 price, USA Vitamin B1 price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Vitamin B1 Price Trend:
Thiamine is frequently added to processed foods like cereals and bread to help prevent deficiency and improve overall nutrition.
It is used as an addition in animal feed to increase nutritional content and prevent livestock deficit. Other than that, It is also found in a variety of pharmacological formulations, including multivitamin supplements and nutritional supplements.
Thiamine and its derivatives serve as catalysts in a variety of chemical processes, including the creation of some organic molecules.
Owing to its potential benefits for skin and hair health, thiamine is occasionally used as a component in cosmetic items such as hair and skin care products.
Key Players:
- Charkit Chemical Company LLC
- DSM Nutritional Products AG
- Huazhong Pharmaceutical Co., Ltd.
- Amway Corporation
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