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Inositol Market - Growth, Trends, and Forecast (2020-2025)

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  • 120 Pages
  • April 2020
  • Region: Global
  • Mordor Intelligence
  • ID: 4617297
The global inositol market is projected to grow at a CAGR of 8.23% during the forecast period (2020-2025).

Inositol is a naturally occurring nutrient that is usually classified as a carbocyclic polyol. The most common form is sometimes referred to as myo-inositol. In the human body, it plays a major role in preventing the collection of fats in the liver, as well as promoting healthy hair growth.

The growing number of people affected by diseases like PCOS, diabetes. and others, due to the adoption of poor lifestyle and increased consumption of junk food, is leading to a rise in the demand for drugs and supplements containing inositol, owing to its many curing properties as it is a member of the vitamin B complex.

Key Market Trends

Increasing Demand from Inositol in Pharmaceutical Industry

Increasing demand for products with inositol content among women suffering from polycystic ovarian syndrome is a major factor expected to drive the growth of the global inositol market. Moreover, increasing demand from the pharmaceutical sector for medicine preparation that aids in the treatment of neonatal respiratory distress syndrome in infants is another factor expected to witness a significant growth of the market during the forecast period. Furthermore, manufacturer's and researchers' approach towards increasing the use of inositol in cancer medicine preparation is another factor expected to further support the growth of the market during the forecast period.

North America Dominates the Global Market

North America is expected to continue registering significant demand for inositol during the forecast period. High prevalence of polycystic ovary syndrome, digestive disorders, and lifestyle-related diseases on account of the poor eating habits and high consumption of processed food, is expected to drive the demand for inositol supplements. The market in the Asia Pacific is expected to witness significant growth, owing to the growing pharmaceutical sector and increasing government spending on the healthcare sector. Also, the presence of regional players operating in the countries offering innovative products is expected to further boost the growth of the market in this region. Europe is expected to contribute significant revenue share in the global market.

Competitive Landscape

Major players are in the inositol market like Taiho Pharmaceutical Co. Ltd launched Tiovita Drink Aibitasu Zero (third-class OTC drug), caffeine-free, sugar-free product containing 50g of inositol, under its Tiovita range, in Japan.Some of the major key players in inositol market, globally includes Dsm NV, Charles Bowman & Company, T.J. Clark & Company, Shandong Runde Biotechnology Co, among others.

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Table of Contents

1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Force Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5.1 By Source
5.1.1 Plant Based Inositol
5.1.2 Synthetic Inositol
5.2 By Application
5.2.1 Dietary Supplement
5.2.2 Beverage
5.2.3 Feed Industry
5.2.4 Pharmaceutical Industry
5.2.5 Others
5.3 Geography
5.3.1 North America United States Canada Mexico Rest of North America
5.3.2 Europe United Kingdom Germany France Russia Italy Spain Rest of Europe
5.3.3 Asia Pacific India China Japan Australia Rest of Asia-Pacific
5.3.4 South America Brazil Argentina Rest of South America
5.3.5 Middle East & Africa South Africa Saudi Arabia Rest of Middle East & Africa
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 Koninklijke DSM N.V
6.4.2 Holland & Barrett Retail Limited
6.4.3 Changzhou Zhonglian Inositol Co.
6.4.4 Zhucheng Haotian Pharm Co., Ltd
6.4.5 Shandong Runde Biotechnology Co
6.4.6 Mr. Bill's Pipe & Tobacco Company
6.4.7 Charles Bowman & Company
6.4.8 T.J. Clark & Company

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Koninklijke DSM N.V
  • Holland & Barrett Retail Limited
  • Changzhou Zhonglian Inositol Co.
  • Zhucheng Haotian Pharm Co., Ltd
  • Shandong Runde Biotechnology Co
  • Mr. Bill's Pipe & Tobacco Company
  • Charles Bowman & Company
  • T.J. Clark & Company