LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement market intelligence firm, has announced the release of their Global Inositol Category - Procurement Market Intelligence Report. The inositol market will experience an increase in its spend growth momentum owing to the efficacy of inositol in improving PCO outcome and fertility rate. Inositol benefits include maintaining a healthy skin and brain function, which are prompting manufacturers of the processed cereal-based infant and baby foods to include inositol in their product formulations. This is significantly boosting the inositol market growth.
“The inositol supply market involves a complex supply chain that includes vendors for raw materials, CMOs, logistics providers, distributors, and whole-sellers. This necessitates the adoption of a digitized end-to-end supply chain integration strategy by the suppliers, which would help in the uninterrupted supply of inositol,” says SpendEdge procurement expert A Kowshik.
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The procurement experts at SpendEdge also expect the following factors to play a key role in influencing the global category spend for the inositol market.
- Extensive usage of inositol in processed cereal-based infant and baby foods products
- End-user industries are experiencing a high demand for inositol-infused products
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Report scope snapshot: Inositol market
US market insights
- Category spend in the US
- Supplier cost structure in the US
- Margins of suppliers in the US
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Suppliers selection
- Incumbent supplier evaluation metrics
- Service level agreement
- Supplier selection criteria
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Category management strategy
- Category management objectives
- Supplier and buyer KPIs
- Outsourcing category management activities
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- Global Biopolymers Category - Procurement Market Intelligence Report
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