Vitamin B2 Prices: News, Historical And Forecast, Database | Procurement Resource

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Vitamin B2, also known as riboflavin, is a crystalline powder with a yellow to orange hue. This essential nutrient belongs to the vitamin B family and plays a vital role in human health. It occurs naturally in a variety of foods, including eggs, milk, dairy products, meat, green vegetables, mushrooms, and almonds. Riboflavin can also be synthesized through the use of microorganisms and fermentation processes. It is typically administered orally or by injection.

Riboflavin is characterized by its bitter taste and a faint odor. Its specific properties include a melting point of 280°C, a boiling point of 504.93°C, and a flash point of 9°C. This vitamin is highly water-soluble, with a solubility of 0.07 g/L at 20°C. It possesses a density of 1.2112.

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Key Details About the Vitamin B2 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 B2 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 B2 Price chart, including India Vitamin B2 price, USA Vitamin B2 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 B2 Price Trend:

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The vitamin B2 industry experiences robust growth primarily due to its role as an essential nutrient vital for maintaining a healthy body and its proper functioning. The increasing demand for vitamin B2 is driven by the need to prevent deficiencies and ensure optimal health. Additionally, several key factors contribute to the market’s expansion, including heightened health awareness, a rise in cases of malnutrition among the population, advancements in innovation and technology, and its extensive utilization in fortification and industrial riboflavin synthesis.

Furthermore, the market is influenced by several notable trends, such as the introduction of new products, substantial investments in research and development, adherence to recommended dietary allowances, the scarcity of nutritional foods, and the growing preference for dietary regimes among individuals. These factors collectively propel the vitamin B2 market forward, indicating a promising future for this essential nutrient.

Key Players:

  • BASF SE
  • DSM Nutritional Products AG
  • Acros Organics
  • Charkit Chemical Company LLC
  • Penta Manufacturing Company

News & Recent Development:

  • 10 August 2022: A US research team were allocated a USD 486,000 grant by the National Science Foundation in order to make an artificial version of the essential vitamin B2 – riboflavin as a move to be able to treat diseases and help enhance the health of the population in the long run.

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