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Mar 2019 | 934 Views
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Vitamins are important nutrients required for human body to maintain health. Vitamin K3 is also known as Menadione, which is an organic compound used as a nutritional supplement. Currently, it is being used in animal feed and in pharmaceutical products as well as in research for treatment of prostate cancer. It works in combination with vitamin c to uncover efficient treatment for prostate cancer.
Surge in prevalence of various vitamin deficiency disorders and increase in awareness regarding vitamin supplements is expected to drive the vitamin K3 market. In addition, technological advancements in vitamin delivery systems is expected to boost the market growth. However, low product penetration in developing countries and strict regulations set by regulation authorities such as FDA impedes the market growth.
The global vitamin K3 market is segmented on the basis of grade, application, and geography. By grade, the market is bifurcated into feed grade and pharmaceutical grade. On the basis of application, the market is divided into feed and medical application. By geography, it is analyzed across North America, Europe, Asia Pacific, and LAMEA.
Comprehensive competitive analysis and profiles of major market players such as Mianyang Vanatta Chemical, Hubei Zhenhua Chemical, Shandong Huasheng Chemical, Chongqing Minfeng Chemical, Yunnan Luliang Peace Technology, Brother Enterprises Holding, OXYVIT, Dirox S.A., Peace Chemical, and Zhenhua Chemical are provided in this report.
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