Inositol also referred to as cyclohexane-1,2,3,4,5,6-hexol, is found naturally in beans, nuts, grains, and fruits. It is also made by the human body. It comes in various forms, the most of which is myo-inositol – an active stereoisomer. Inositol is an important component of structural lipids and various phosphates, and a part of many biological processes. It is involved in breakdown of fats, nerve guidance, cytoskeleton assembly, gene expression, etc.
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Its main role is to prevent fats from collecting in the body, especially in the liver. It is often added to energy drinks as it can efficiently convert nutrients into energy. It aids weight loss and improves blood circulation. Inositol’s role in alleviating conditions like depression, anxiety, bipolar disorder, high cholesterol, polycystic ovary syndrome, psoriasis, autism, etc. is well recognized.
This chemical promotes growth of bacteria and yeast in food additives. It is also added to vitamin supplements and various nutritional products. Robust growth in the food & healthcare market is fueling significant demand in the global and Chinese inositol industry.
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Experts foresee huge growth of the inositol market from 2015 to 2020. Growing clinical research projects across the world is also favoring industry growth. Rising instances of high cholesterol levels in both men and women is creating future market opportunities.
However, there are certain side effects associated with excess consumption of inositol. These could pose a challenge for market growth. Too much intake of this chemical worsens bipolar disorder. It is also known to cause nausea and rashes.
The global and Chinese Inositol Industry is segmented on the basis of forms, applications, and geographical regions. There are two types of forms, namely, powder and liquid.
Applications encompass pharmaceuticals, chemical industry, food & beverages, feed additives, and others. China is the world’s largest manufacturer of inositol in terms of volumes. It accounts for over half of the global production capacity. The rest of the market is divided into seven main regions – Latin America, North America, Eastern Europe, Western Europe, MEA (Middle East & Africa), APEJ (Asia Pacific excluding Japan), and Japan.
Leading market players comprise Shandong Runde Biotechnology Co. Ltd., Zhucheng Haotin Pharm Co. Ltd., Charles Bownman & Company, Changzhou Zhonglian Inositol Co. Ltd., etc. New product development, mergers & acquisitions, and expansion are the chief growth strategies adopted by them.
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