1. Global Vitamin B6 Market Overview
The market size of Vitamin B6 is $492.62 million in 2024 with a CAGR of 11.51% from 2024 to 2029.
Vitamin B6 is a water-soluble vitamin necessary for processing amino acids in the body, which form the building blocks of proteins and some hormones. It is involved in red blood cell metabolism, proper functioning of the nervous and immune systems, and various other bodily functions. Food sources include poultry, fish, potatoes, chickpeas, and bananas. Vitamin B-6 (pyridoxine) is important for normal brain development and for keeping the nervous and immune systems healthy.
Global Vitamin B6 Market Size
2.Market Dynamics
Drivers
Vitamin B6, along with the other B vitamins, helps the body turn food into energy. On its own, vitamin B6 has many other uses that are important to maintaining a healthy body and developing a healthy brain. Vitamin B6 helps prevent and treat anemia caused by deficiency. Vitamin B6 may prevent and treat Anemia by Aiding Hemoglobin Production due to its role in hemoglobin production, Meanwhile, vitamin B6 plays an important role in mood regulation. This is partly because this vitamin is necessary for creating neurotransmitters that regulate emotions, including serotonin, dopamine, and gamma-aminobutyric acid. In addition, vitamin B6 plays a role in decreasing high blood levels of the amino acid homocysteine, which has been linked to depression and other psychiatric issues. Several studies have shown that depressive symptoms are associated with low blood levels and intakes of vitamin B6, especially in older adults who are at high risk for B vitamin deficiency. Besides, vitamin B6 has been used to treat symptoms of premenstrual syndrome, or PMS, including anxiety, depression, and irritability. Vitamin B6 may prevent clogged arteries and minimize heart disease risk. Getting enough vitamin B6 may lower the risk of developing certain types of cancer. Vitamin B6 may play a role in preventing eye diseases, especially a type of vision loss that affects older adults called age-related macular degeneration (AMD). Moreover, vitamin B6 may help reduce symptoms associated with rheumatoid arthritis. Furthermore, a long-term deficiency in vitamin B6 can lead to skin inflammation (dermatitis) depression, confusion, convulsions, and even anemia. Recent studies also suggest that a diet low in vitamin B6 increases the risk of heart disease. Studies indicate that an adequate vitamin B6 intake is especially important in the elderly, as this group often suffers from impaired immune function. All in all, as one of the essential trace elements of the human body, vitamin B6 has many functions and benefits, which are very helpful for maintaining physical health. The benefits of vitamin B6 itself have promoted consumption and demand, and have a beneficial impact on the development of the industry.
Limitations
As one of the essential trace elements of the human body, vitamin B6 has many functions and benefits, which are very helpful for maintaining physical health. The benefits of vitamin B6 itself have promoted consumption and demand, and have a beneficial impact on the development of the industry. Conversely, too much vitamin B6 taken from supplements can lead to nerve damage in the arms and legs. Prolonged intake of daily doses of 500 mg and more may cause damage to the sensory nerves. Tolerable upper intake levels to avoid adverse effects, health authorities in Europe and the U.S. have set tolerable upper intake levels for vitamin B6. Excessive intake of vitamin b6 may cause side effects, which hinder consumption to some extent and restrict industry development.
The Vitamin B6 industry has higher barriers to entry. The first is technical barriers. Vitamin B6 production involves complex processes. The process was originally monopolized by the Vitamin B6 companies. It is difficult for companies that do not master the technology to fully replicate the production lines and process parameters of existing Vitamin B6 manufacturers, and it is difficult to obtain key intermediates for preparing Vitamin B6s. The second is the capital barrier. The Vitamin B6 industry is a typical capital-intensive industry. Enterprises without strong capital strength cannot enter the Vitamin B6 industry, and even if they enter, they cannot form an effective scale effect. The third is exit cost barriers. Vitamin B6 synthesis routes are long and the equipment is mostly dedicated, the exit cost is high, The fourth is brand barriers, to ensure product quality, enterprises in various manufacturing industries generally choose excellent brand products in the Vitamin B6 industry, and establish long-term relationships with superior manufacturers in the Vitamin B6 industry, Stable cooperative relationship. Therefore, it is often difficult for non-industry companies to enter the Vitamin B6 industry, and various varieties present an oligopoly pattern, and the industry concentration is relatively high. All these factors will hinder the development of this industry.
3.Market Segmentation
By Type
Vitamin B6 can be divided into Feed Grade, Pharmaceutical Grade, and Food Grade, the pharmaceutical grade segment accounts for the largest share with 50.41% with a market sale of 7104 Tons.
Increasing the amount of vitamin B6 in feed can enhance animal immunity and anti-stress ability. Vitamins are organic substances indispensable to animals’ normal metabolic processes. In most cases, the animal organism itself is not able to synthesize vitamins. Vitamin feed additives in premixes, mixtures, and feeds are used to treat diseases caused by pyridoxine hydrochloride deficiency, and have the effect of enhancing the physical fitness of livestock and poultry and improving the growth of livestock and poultry. Pharmaceutical-grade vitamin B6 is very pure and can be used for injection because it has less impurities. Vitamin B6 pharmaceutical grade is used for dermatitis and peripheral neuritis. In clinical treatment of vitamin B6 and niacin or niacin amide deficiencies, vitamin B6 is often used together to improve efficacy. In addition, vitamin B6 preparations are clinically used to prevent and treat pregnancy vomiting and radiation sickness vomiting. Vitamin B6 is a nutrient in the vitamin B complex that the body needs in small amounts to function and stay healthy. Vitamin B6 helps keep nerves and skin healthy, fight infections, keep blood sugar levels normal, produce red blood cells, and some enzymes work properly. Not enough vitamin B6 can cause mouth and tongue sores and nervous disorders. Vitamin B6, along with the other B vitamins, helps the body turn food into energy. On its own, vitamin B6 has many other uses that are important to maintaining a healthy body and developing a healthy brain.
By Application
Vitamin B6 has a wide range of downstream applications. In recent years, its importance in various fields such as animal nutrition, the food and beverage industry, and the pharmaceutical industry has become increasingly prominent. Animal nutrition is the largest application field. In 2024, the market shares of these three application is 51.83%, 15.98%, and 27.18%.
Vitamin B6 is involved in a variety of important biochemical reactions in animals, including amino acid metabolism, hemoglobin synthesis, nervous system function maintenance, immune system enhancement, and skin health, which are essential for healthy animal growth. As an animal feed additive, vitamin B6 can improve the growth rate and immunity of animals. This is very important for animal husbandry because it is directly related to the production efficiency and economic benefits of animals. B6 deficiency can lead to a series of health problems in animals such as decreased appetite, stunted growth, dermatitis, chondrosis, and neurological disorders. Adding vitamin B6 to animal feed can prevent these deficiencies and keep animals healthy.
Market Sales and Share by Segment in 2024
Market Sales in 2024 | Market Share in 2024 | ||
By Type | Feed Grade | 7104 Tons | 50.41% |
Pharmaceutical Grade | 4928 Tons | 34.96% | |
Food Grade | 2062 Tons | 14.63% | |
By Application | Animal Nutrition | 7104 Tons | 50.41% |
Food & Beverage Industry | 2252 Tons | 15.98% | |
Pharmaceutical Industry | 907 Tons | 26.94% |
4.Regional Market
Asia Pacific is the largest revenue market with a market share of 50.07% in 2024 with a market sale of 7057 Tons in 2024. The Europe market ranks second with a market sale of 3014 Tons and a share of 21.38% in 2024. In addition, India’s Vitamin B6 market is expected to be a growing market.
The Asia Pacific region has a large demand for vitamin B6 in animal nutrition, which is essential for livestock health, helps metabolic processes and growth, and is increasingly being incorporated into feed formulations. In the Asia-Pacific region, especially China and India, where the pharmaceutical industry is expanding rapidly, vitamin B6 has a wide range of applications in the pharmaceutical industry, including as an ingredient in APIs, supplements, and medicines. The global vitamin B6 production capacity is mainly concentrated in China, China’s production capacity accounts for more than 90%, and production continues to grow, which also promotes the Asia-Pacific region to become a major market.
The European market presents stringent hygiene regulations and growing interest in preventive healthcare, which are contributing to the growth of the vitamin B6 market. Within Europe, countries such as Germany, the United Kingdom, France, and Italy are the main markets for vitamin B6.
Global Vitamin B6 Market Share by Region in 2024
5.Market Competition
Vitamin B6 companies are mainly from China; the industry concentration rate is very high. The top three companies are Tianxin Pharmaceutical, DSM, and Xinfa Pharmaceutical with a revenue market share of 57.57%, 18.02%, and 6.33% in 2024.
Tianxin Pharmaceutical: Tianxin Pharmaceutical Co., Ltd. was established in September 2004. Tianxin Pharmaceutical is a hi-tech enterprise specializing in vitamin production. Tianxin Pharmaceutical’s main products include vitamins B1 and B6, folic acid, and ascorbyl palmitate, which are mainly applied to bulk pharmaceutical chemicals, food additives, and feed additives. Tianxin has quickly grown into the world’s leading vitamin manufacturer. Tianxin Pharmaceutical manufactures and distributes pharmaceutical products. The Company produces vitamin series, derivatives, food additives, and feed additives. Tianxin Pharmaceutical markets its products domestically and internationally.
DSM: As the largest vitamin ingredient manufacturer globally, DSM offers a broad portfolio of active pharmaceutical ingredients (APIs), that now span vitamins, including pro-vitamin A beta-carotene, and lipid intermediates. With a long history of innovation, from the heritage of Roche Vitamins, DSM has continued to evolve capabilities in vitamin manufacturing for pharmaceutical applications. DSM’s commitment to delivering a sustainable supply of high-quality APIs.
Xinfa Pharmaceutical: Xinfa Pharmaceutical Co., Ltd. was founded in 1998. The Company’s line of business includes the manufacturing of industrial organic chemicals. Xinfa Pharmaceutical Co., Ltd is a leading manufacturer of feed additives, vitamins, veterinary drug ingredients, complex pharmaceutical intermediates, and active pharmaceutical ingredients. Xinfa Pharmaceuticals is the world’s leading manufacturer of folic acid. Xinfa Pharmaceutical is situated in the city of Dongying in the delta area of the Yellow River. Dongying is also the home of the Shengli Oil Field, the second-largest oil production facility in China.
Huazhong Pharmaceutical: Huazhong Pharmaceutical was established in 1968, and is located in Xiangyang, an important city in the northwest of Hubei Province. Huazhong Pharmaceutical is mainly engaged in the production and sales of chemical raw materials and pharmaceutical preparations. Huazhong Pharmaceutical has 189 drug approval numbers, such as chemical raw materials, low-dose injections, and solid preparations. It is the designated manufacturer of national class II psychotropic drugs and birth control drugs. Huazhong Pharmaceutical Co., Ltd. manufactures and distributes pharmaceutical products. The Company produces vitamin, antibiotic, cardiovascular, and easing pain medicine products. Huazhong Pharmaceutical markets its products worldwide.
Hegno: Hegno is engaged in developing and producing pharmaceutical and functional nutrition ingredients. Hegno Pharmaceuticals Holding engages in developing, manufacturing, and marketing pharmaceuticals and nutritional ingredients. The Company produces vitamins, oxytetracyclines, and functional ingredients. Hegno Pharmaceuticals Holding markets its products around the world.
Major Players
Headquarter | Market Distribution | |
Tianxin Pharmaceutical | China | Worldwide |
DSM | Switzerland | Worldwide |
Xinfa Pharmaceutical | China | Worldwide |
Huazhong Pharmaceutical | China | Worldwide |
Hegno | China | Worldwide |
