Chromium Polynicotinate Production Cost Reports

Healthcare

The report provides a detailed analysis essential for establishing a Chromium Polynicotinate manufacturing plant. It encompasses all critical aspects necessary for Chromium Polynicotinate production, including the cost of Chromium Polynicotinate production, Chromium Polynicotinate plant cost, Chromium Polynicotinate production costs, and the overall Chromium Polynicotinate manufacturing plant cost. Additionally, the study covers specific expenditures associated with setting up and operating a Chromium Polynicotinate production plant. These encompass manufacturing processes, raw material requirements, utility requirements, infrastructure needs, machinery and technology requirements, manpower requirements, packaging requirements, transportation requirements, and more.

Chromium Polynicotinate is a niacin-bound trivalent chromium complex that finds major applications in the health, nutrition, and agricultural sectors. It is widely used in dietary supplements to address chromium deficiencies in humans. It helps improve insulin sensitivity, regulate blood sugar levels, and lower serum lipid levels, which makes it beneficial for individuals with diabetes or metabolic syndrome. It is also utilized to promote weight management by increasing lean body mass and reducing body fat.

It also finds its application as a food additive in the production of food products like enhanced water beverages to provide a source of dietary chromium. It is often used as an ingredient in certain pharmaceutical formulations that help in managing blood glucose and lipid levels. Additionally, the compound is also used as a feed additive for livestock.

The demand for Chromium Polynicotinate is mainly driven by its application as a nutrient supplement due to its ability to enhance insulin activity and improve glucose metabolism. Its utilization as a nutrient component in the production of dietary supplements to provide dietary chromium supplementation makes it a popular choice among the health and nutrition industries. Its usage as an ingredient in manufacturing certain pharmaceutical formulations to improve blood sugar levels for people with type 2 diabetes also boosts its demand in the pharmaceutical industry.

Its application as a feed additive to improve protein synthesis and increase lean meat ratios in animals, such as poultry and swine, further enhances its demand in the animal nutrition industry. Chromium Polynicotinate is synthesized by combining chromium with niacin (vitamin B3). The availability and cost of these raw materials play an important role in its production and procurement processes.

Fluctuations in the supply of chromium and niacin due to mining restrictions, production issues, or import/export regulations can disrupt the supply chain and greatly impact industrial Chromium Polynicotinate procurement. Compliance with food safety standards, health claims regulations, and product labeling requirements set by agencies like the FDA, EFSA, or local regulatory bodies further influence costs and procurement strategies for Chromium Polynicotinate.

Raw Material for Chromium Polynicotinate Production

According to the Chromium Polynicotinate manufacturing plant project report, the major raw materials for Chromium Polynicotinate production include Nicotinic Acid (Niacin)-Chromium- Sodium Hydroxide(processing aid).

Manufacturing Process of Chromium Polynicotinate

The extensive Chromium Polynicotinate production cost report consists of the following industrial manufacturing process:

  • Production from Nicotinic Acid: This method of production involves a series of chemical and physical processes. The process starts with dissolving nicotinic acid in pH-adjusted water to create a clear solution. Chromium is then added to this niacin solution and blended until the mixture becomes thick and taffy-like in consistency. Further, this mixture is spread out on tables to harden and crushed into small pieces, followed by the drying process to remove excess moisture, after which it is granulated into a coarse powder. Then, the obtained powder is dried again and then ground to achieve the specified particle size. Finally, the completed ChromeMate CM-100M or Chromium Polynicotinate is packaged for distribution.

Chromium Polynicotinate is also known as Chromium Nicotinate. It is a chromium compound with the chemical formula C18H12CrN3O6. The molecular weight of the compound is 418.3 g/mol. It appears as a fine blue-green or gray powder. The boiling point of the compound is around 292.5 degree Celsius and has poor water solubility. This compound is characterized by its good thermal stability, odorless and tasteless nature, and relative inertness. Its structure contains three nicotinic acid units per chromium ion, though supplements often contain a mixture of trinicotinate and dinicotinate forms. The compound is absorbed more efficiently than other organic and inorganic chromium sources, which leads to higher concentrations in tissues.

Product Details

Particulars Details
Product Name Chromium Polynicotinate
Scope Manufacturing Process: Process Flow, Material Flow, Material Balance

Raw Material and Product Specifications: Raw Material Consumption, Product and Co-product Generation

Land and Site Cost: Offsites/Civil Works, Equipment Cost, Auxiliary Equipment Costs, Contingency, Engineering and Consulting Charges, Working Capital

Variable Cost: Raw Material, Utilities, Other Variable Costs

Fixed Cost: Labor Requirements and Wages, Overhead Expenses, Maintenance Charges, Other Fixed Costs

Financing Costs: Interest on Working Capital, Interest on Loans

Other Costs: Depreciation Charges, General Sales and Admin Cost
Currency US$ (Data can also be provided in the local currency)
Pricing and Purchase Options Basic: US$ 2499
Premium: US$ 3499
Enterprise: US$ 4799
Customization Scope The report can be customized as per the requirement of the customer
Post-Sale Analysts Report 10-12 weeks of post-purchase analyst support after report delivery for any queries from the deliverable
Delivery Format PDF and Excel format through email (editable version in PPT/Word format of the report can be also provided on special request)

How does our Chromium Polynicotinate Production Cost Report Provide Exhaustive Data and Extensive Insights?

At Procurement Resource, we not only focus on optimizing the should cost of production for Chromium Polynicotinate but also provide our clients with extensive intel and rigorous information on every aspect of the production process. By utilizing a comprehensive cost model, we help you break down expenses related to raw materials, labor, and technology, offering clear pathways to savings. We also assist in evaluating the capital expenditure (CAPEX) and operating expenses (OPEX), which are often measured as cost per unit of production, such as USD/MT, ensuring that your financial planning is aligned with industry benchmarks.

We offer valuable insights on the top technology providers, in-depth supplier database, and best manufacturers, helping you make informed decisions to improve efficiency. Additionally, we design the most feasible layout for your production needs, ensuring the entire process runs smoothly. By minimizing the cash cost of production, we ensure that you stay competitive while securing long-term profitability in the growing Chromium Polynicotinate market. Partnering with Procurement Resource guarantees that every aspect of your production is cost-efficient, advanced, and tailored to your specific requirements.

Key Questions Answered in This Report

  • What are the key requirements for setting up a Chromium Polynicotinate manufacturing plant?
  • How is Chromium Polynicotinate manufactured?
  • What is the process flow involved in producing Chromium Polynicotinate?
  • What are the raw material requirements and costs for producing Chromium Polynicotinate?
  • What is the total size of land required for setting up a Chromium Polynicotinate manufacturing plant?
  • What are the construction requirements for setting up a Chromium Polynicotinate manufacturing plant?
  • What are the machinery requirements for producing Chromium Polynicotinate?
  • What are the utility requirements and costs for producing Chromium Polynicotinate?
  • What are the manpower requirements for producing Chromium Polynicotinate?
  • What are the average salaries/wages of manpower working in a Chromium Polynicotinate manufacturing plant?
  • What are the packaging requirements and associated costs for Chromium Polynicotinate?
  • What are the transportation requirements and associated costs for Chromium Polynicotinate?
  • What are the capital costs for setting up a Chromium Polynicotinate manufacturing plant?
  • What are the operating costs for setting up a Chromium Polynicotinate manufacturing plant?
  • What should be the price of Chromium Polynicotinate?
  • What will be the income and expenditures for a Chromium Polynicotinate manufacturing plant?

Need more help?

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  • Speak to our highly skilled team of analysts for insights on the recent trends and innovations, industry best practices, key success and risk factors, product pricing, margins, return on investment, industry standards and regulations, etc.
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