According to China Chemical Industry News: Global drugs, health products, health food and cosmetics industries by the consumption of vitamin has a total value of over 2.5 billion U.S. dollars in the year 2007, of which the market demand of the vitamin compound increase optimisticly.
Although the growth rate of global vitamin production is only 0.5% on average, the global demand for a variety of vitamin compounds as much as 9 percent growth rate is. As the major components of health food, the various formulations of the vitamin compound' growth rates are even more alarming.
Because of promising market of vitamin compounds, foreign invest vigorously launch compound vitamin companies, such as Germany's BASF has set up 25 vitamin compound manufacturing plants in the United States, Europe, Asia, Africa and South America. The total output value reached 1.5 billion Mark.
As the world's third-largest vitamin manufacturers Aventis has set up a number of vitamin manufacturing plant in Europe, Asia and Australia. The company set up a factory in Singapore specialized in supplying vitamin compound to the Southeast Asian market.
Originally Posted: MedicalIndustry.net
Author: Angulo Fu