Riboflavin, also known as Vitamin B2, presents as a yellow to orange-hued crystalline powder and stands as a crucial nutrient within the B vitamin family. It’s essential for human health and naturally occurs in various foods such as eggs, dairy, meats, leafy greens, mushrooms, and almonds. This nutrient is synthesized through biosynthesis using microorganisms and fermentation and is commonly administered orally or via injection. It possesses a bitter taste and a faint odor. Notably, its melting point, boiling point, and flash point are 280°C, 504.93°C, and 9℃ respectively. Additionally, it exhibits water solubility with a measure of 0.07 g/L (20 ºC) and a density of 1.2112.
Request for Real-Time Vitamin B2 Prices: https://www.procurementresource.com/resource-center/vitamin-b2-price-trends/pricerequest
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 trends, 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:
The vitamin B2 industry thrives on its essential role in maintaining a healthy body, spurring heightened demand to prevent deficiencies. Factors propelling this market include increased health consciousness, escalating cases of malnutrition, technological advancements aiding riboflavin synthesis, and its widespread use in fortification. Additionally, trends such as new product introductions, amplified R&D investments, dietary recommendations, scarcity of nutritional foods, and the inclination towards dieting contribute to the market’s momentum.
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.
About Us:
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
Contact Us:
Company Name: Procurement Resource
Contact Person: Christeen Johnson
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA