1 Upstream Raw Material Suppliers of Lactulose Analysis
Lactulose can be prepared chemically and enzymatically. Chemical preparation can mainly include single base catalysis, acid-base synergistic catalysis, and sodium aluminate catalysis. The main raw materials required include lactose, sodium hydroxide, potassium hydroxide, boric acid, sodium aluminate, etc. The raw materials required for enzymatic biological preparation include lactose, which is β-galactosidase. β-Galactosidase is mainly derived from animals, plants and microorganisms. Such as lactic acid bacteria, Bacillus circulans, Escherichia coli, Streptococcus thermophilus, gas-producing enterobacteria, etc. in bacteria. Different Lactulose preparation methods require different raw materials. For industry companies, raw materials are one of the company’s most important costs, accounting for the vast majority of manufacturing costs. The increase in the price of raw materials will cause the production cost of Lactulose industry companies to increase, which will have an impact on the company’s day-to-day operations.
Table Upstream Raw Material Suppliers of Lactulose with Contact Information
Raw Material | Suppliers | Contact Information |
Lactose | Armor Proteines |
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MILEl GmbH |
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Glanbia plc |
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Potassium hydroxide | INEOS |
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Olin Corporation |
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Inovyn Chlorvinyls Limited |
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2 Raw Material Price Trend
The largest proportion of the manufacturing cost of lactulose enterprises is the cost of raw materials. The main raw materials of lactulose are lactose and Potassium hydroxide. The price of this raw material fluctuates constantly in the market. The price of lactose is currently rising, but it remains stable in general. The main reason for the increase is due to the increase in market demand, especially in the infant milk powder industry.
3 Market Distributors of Lactulose Market
The major distributors in the Lactulose market comprise several globally active companies that play a significant role in the field of lactulose sales and distribution. These distributors include ENRICH PHARMA, Parchem, Selleck Chemicals, VEA IMPEX, and SANJAY CHEMICALS These companies not only provide distribution services for lactose products, but may also offer other related chemical and pharmaceutical products. Their presence in several regions of the world, including Asia, Europe and the Americas, demonstrates the distribution and demand for lactose and its related products in the global market.
ENRICH PHARMA is located in India and has an extensive global business network. Parchem and Selleck Chemicals are both located in the United States of America and have extensive experience and a strong customer base in the distribution of chemical products. VEA IMPEX operates in Mumbai, India and specializes in import and export trading of a wide range of chemicals. And SANJAY CHEMICALS, also located in Mumbai, India, is a well-known distributor involved in several chemical sectors.
The presence and activities of these distributors are critical to the supply chain of the lactose industry, as they ensure the efficient flow of products from producers to end users. The global network and distribution capabilities of these companies have a significant impact on maintaining the market supply of lactose products and meeting the demand in different regions. At the same time, they may also have an impact on the price, quality and stability of supply of lactose products. Therefore, understanding the business status and market strategies of these distributors is very important for participants in the lactose industry.
Table Major Distributors of Lactulose with Contact Information
Distributors | Contact Information |
ENRICH PHARMA |
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Parchem |
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Selleck Chemicals |
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VEA IMPEX |
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SANJAY CHEMICALS |
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4 Major Downstream Buyers of Lactulose Analysis
The list of key downstream buyers of Lactose covers some of the globally recognized pharmaceutical and health product companies that play a key role in the demand and application of Lactose. The list includes Novartis, Merck & Co Inc, Healthypharm, Beijing Hanmi Pharmaceutical Co., LTD. and Merro Pharmaceutical Co., Ltd.
Novartis, one of the world’s leading pharmaceutical companies, has a need for lactose which may be used in a variety of pharmaceutical formulations. Merck & Co Inc is also a major player in the global pharmaceutical industry and also requires lactose as part of its product line. Healthypharm is located in the Netherlands and may use lactose in the production of healthcare products. Beijing Hanmi Pharmaceutical Co Ltd and Dalian Metro Pharmaceutical Co Ltd are Chinese pharmaceutical companies, and their inclusion in the list demonstrates the growth in demand for lactose in the Asian market, particularly in China.
These customer lists demonstrate the wide range of applications for lactose in the global pharmaceutical and health product industries, from drug manufacturing to nutraceutical production, where the market demand for lactose as an important prebiotic and laxative is stable and growing. These companies have operations in multiple regions of the world, reflecting the international nature of the lactose industry and the key links in the global supply chain. Understanding the business dynamics and demand changes of these major buyers is critical for lactose suppliers, as it will directly impact their production planning, inventory management and marketing strategies. At the same time, the business growth and market expansion of these downstream buyers are indicative of future trends and potential opportunities in the lactose industry.
Table Major Downstream Buyers of Lactulose with Contact Information
Downstream Buyers | Contact Information |
Novartis |
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Merck & Co Inc |
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Healthypharm |
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Beijing Hanmi Pharmaceutical Co., LTD. |
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Merro Pharmaceutical Co.,Ltd |
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5 Labor Cost of US
Unit labor costs in the US nonfarm business sector rose an annualized 6 percent in the fourth quarter of 2020, rebounding from an upwardly revised 9.6 percent drop in the previous period but less than a preliminary estimate of a 6.8 percent jump and below market expectations of a 6.6 percent rise. Hourly compensation climbed 1.5 percent (vs 1.7 percent previously reported) and productivity fell 4.2 percent (vs -4.8 percent previously reported). Year-on-year, unit labor costs in the nonfarm business sector rose 4.2 percent.
Figure Labor Cost of US in 2018-2020
6 Continued downward PMI Spreads Globally
In March 2022, the global manufacturing PMI was 54.1%, down 0.8 percentage points from the previous month and down 3.7 percentage points from the same period last year. In terms of regions, the PMI of manufacturing industries in Asia, Europe, America and Africa decreased in different degrees compared with last month, and the PMI of manufacturing industries in Europe decreased most obviously.
The index shows that under the dual influence of epidemic situation and geopolitical conflict, the growth rate of global manufacturing industry has slowed down, and it faces the pressure of supply shock, demand contraction and expected weakening in the short term. From the perspective of supply, geopolitical conflicts have aggravated the supply shock originally caused by the epidemic. The price increase of bulk raw materials, mainly energy and food, has increased the inflationary pressure and the pressure of supply cost. Geopolitical conflicts have blocked international transportation and reduced supply efficiency. From the perspective of demand, the decline of global manufacturing PMI reflects the problem of demand contraction to a certain extent, especially in Asia, Europe, America and Africa, which means that the problem of demand contraction is a common global problem in the short term. From the perspective of expectation, facing the joint influence of epidemic situation and geopolitical conflict, international organizations have lowered their economic growth forecast in 2022. The United Nations Conference on Trade and Development (UNCTAD) recently released a report that lowered the global economic growth forecast for 2022 from 3.6% to 2.6%. The International Monetary Fund will lower its global economic growth forecast when it releases its latest forecast in April.
