Global Vitamin Ingredients Market: Production Volume to Reach 63,512.4 Tons by 2025, Reports TMR
The global vitamin ingredients market is highly concentrated and competitive in nature, finds a report by Transparency Market Research (TMR). The top five companies in this market, namely, BASF, DuPont, Koninklijke, Amway, and Lonza, collectively accounted for nearly 70% of this market in 2015. The scenario is not expected to change in the next few years; although the competition is likely to intensify further due to the ongoing mergers, acquisitions, and partnerships activities.
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