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Vitamin B12-Global Market Insights and Sales Trends 2025
Synopsis
Vitamin B12 is a nutrient that helps keep the body's nerve and blood cells healthy and helps make DNA, the genetic material in all cells. Vitamin B12 also helps prevent a type of anemia called megaloblastic anemia that makes people tired and weak.
The global Vitamin B12 market size is expected to reach US$ 570 million by 2029, growing at a CAGR of 4.5% from 2023 to 2029. The market is mainly driven by the significant applications of Vitamin B12 in various end use industries. The expanding demands from the Food Industry, Feed Industry and Others,, are propelling Vitamin B12 market. Content 98%, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Content 2% segment is estimated at % CAGR for the next seven-year period.
Vitamin B12, also known as cobalamin, is an essential nutrient that plays a crucial role in various bodily functions, including the production of red blood cells, nervous system health, and DNA synthesis. It is primarily found in animal-based foods, such as meat, fish, dairy products, and eggs, making it important for individuals following a vegetarian or vegan diet to consider supplementation.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Vitamin B12, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Vitamin B12 market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Vitamin B12 market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Vitamin B12 sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Vitamin B12 covered in this report include Sanofi, Hebei Yufeng Group, Hebei Huarong Pharmaceutical, Ningxia Kingvit Pharmaceutical and NCPC VICTOR, etc.
The global Vitamin B12 market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Sanofi
Hebei Yufeng Group
Hebei Huarong Pharmaceutical
Ningxia Kingvit Pharmaceutical
NCPC VICTOR
Global Vitamin B12 market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Vitamin B12 market, Segment by Type:
Content 98%
Content 2%
Content 1%
Others
Global Vitamin B12 market, by Application
Food Industry
Feed Industry
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Vitamin B12 manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Vitamin B12 in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Vitamin B12 is a nutrient that helps keep the body's nerve and blood cells healthy and helps make DNA, the genetic material in all cells. Vitamin B12 also helps prevent a type of anemia called megaloblastic anemia that makes people tired and weak.
The global Vitamin B12 market size is expected to reach US$ 570 million by 2029, growing at a CAGR of 4.5% from 2023 to 2029. The market is mainly driven by the significant applications of Vitamin B12 in various end use industries. The expanding demands from the Food Industry, Feed Industry and Others,, are propelling Vitamin B12 market. Content 98%, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Content 2% segment is estimated at % CAGR for the next seven-year period.
Vitamin B12, also known as cobalamin, is an essential nutrient that plays a crucial role in various bodily functions, including the production of red blood cells, nervous system health, and DNA synthesis. It is primarily found in animal-based foods, such as meat, fish, dairy products, and eggs, making it important for individuals following a vegetarian or vegan diet to consider supplementation.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Vitamin B12, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Vitamin B12 market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Vitamin B12 market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Vitamin B12 sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Vitamin B12 covered in this report include Sanofi, Hebei Yufeng Group, Hebei Huarong Pharmaceutical, Ningxia Kingvit Pharmaceutical and NCPC VICTOR, etc.
The global Vitamin B12 market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Sanofi
Hebei Yufeng Group
Hebei Huarong Pharmaceutical
Ningxia Kingvit Pharmaceutical
NCPC VICTOR
Global Vitamin B12 market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Vitamin B12 market, Segment by Type:
Content 98%
Content 2%
Content 1%
Others
Global Vitamin B12 market, by Application
Food Industry
Feed Industry
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Vitamin B12 manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Vitamin B12 in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Vitamin B12 Market Overview
1.1 Vitamin B12 Product Overview
1.2 Vitamin B12 Market Segment by Type
1.2.1 Content 98%
1.2.2 Content 2%
1.2.3 Content 1%
1.2.4 Others
1.3 Global Vitamin B12 Market Size by Type
1.3.1 Global Vitamin B12 Market Size Overview by Type (2018-2029)
1.3.2 Global Vitamin B12 Historic Market Size Review by Type (2018-2023)
1.3.3 Global Vitamin B12 Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Vitamin B12 Sales Breakdown by Type (2018-2023)
1.4.2 Europe Vitamin B12 Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Vitamin B12 Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Vitamin B12 Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Vitamin B12 Sales Breakdown by Type (2018-2023)
2 Global Vitamin B12 Market Competition by Company
2.1 Global Top Players by Vitamin B12 Sales (2018-2023)
2.2 Global Top Players by Vitamin B12 Revenue (2018-2023)
2.3 Global Top Players by Vitamin B12 Price (2018-2023)
2.4 Global Top Manufacturers Vitamin B12 Manufacturing Base Distribution, Sales Area, Product Type
2.5 Vitamin B12 Market Competitive Situation and Trends
2.5.1 Vitamin B12 Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Vitamin B12 Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Vitamin B12 as of 2022)
2.7 Date of Key Manufacturers Enter into Vitamin B12 Market
2.8 Key Manufacturers Vitamin B12 Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Vitamin B12 Status and Outlook by Region
3.1 Global Vitamin B12 Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Vitamin B12 Historic Market Size by Region
3.2.1 Global Vitamin B12 Sales in Volume by Region (2018-2023)
3.2.2 Global Vitamin B12 Sales in Value by Region (2018-2023)
3.2.3 Global Vitamin B12 Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Vitamin B12 Forecasted Market Size by Region
3.3.1 Global Vitamin B12 Sales in Volume by Region (2024-2029)
3.3.2 Global Vitamin B12 Sales in Value by Region (2024-2029)
3.3.3 Global Vitamin B12 Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Vitamin B12 by Application
4.1 Vitamin B12 Market Segment by Application
4.1.1 Food Industry
4.1.2 Feed Industry
4.1.3 Others
4.2 Global Vitamin B12 Market Size by Application
4.2.1 Global Vitamin B12 Market Size Overview by Application (2018-2029)
4.2.2 Global Vitamin B12 Historic Market Size Review by Application (2018-2023)
4.2.3 Global Vitamin B12 Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Vitamin B12 Sales Breakdown by Application (2018-2023)
4.3.2 Europe Vitamin B12 Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Vitamin B12 Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Vitamin B12 Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Vitamin B12 Sales Breakdown by Application (2018-2023)
5 North America Vitamin B12 by Country
5.1 North America Vitamin B12 Historic Market Size by Country
5.1.1 North America Vitamin B12 Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Vitamin B12 Sales in Volume by Country (2018-2023)
5.1.3 North America Vitamin B12 Sales in Value by Country (2018-2023)
5.2 North America Vitamin B12 Forecasted Market Size by Country
5.2.1 North America Vitamin B12 Sales in Volume by Country (2024-2029)
5.2.2 North America Vitamin B12 Sales in Value by Country (2024-2029)
6 Europe Vitamin B12 by Country
6.1 Europe Vitamin B12 Historic Market Size by Country
6.1.1 Europe Vitamin B12 Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Vitamin B12 Sales in Volume by Country (2018-2023)
6.1.3 Europe Vitamin B12 Sales in Value by Country (2018-2023)
6.2 Europe Vitamin B12 Forecasted Market Size by Country
6.2.1 Europe Vitamin B12 Sales in Volume by Country (2024-2029)
6.2.2 Europe Vitamin B12 Sales in Value by Country (2024-2029)
7 Asia-Pacific Vitamin B12 by Region
7.1 Asia-Pacific Vitamin B12 Historic Market Size by Region
7.1.1 Asia-Pacific Vitamin B12 Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Vitamin B12 Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Vitamin B12 Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Vitamin B12 Forecasted Market Size by Region
7.2.1 Asia-Pacific Vitamin B12 Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Vitamin B12 Sales in Value by Region (2024-2029)
8 Latin America Vitamin B12 by Country
8.1 Latin America Vitamin B12 Historic Market Size by Country
8.1.1 Latin America Vitamin B12 Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Vitamin B12 Sales in Volume by Country (2018-2023)
8.1.3 Latin America Vitamin B12 Sales in Value by Country (2018-2023)
8.2 Latin America Vitamin B12 Forecasted Market Size by Country
8.2.1 Latin America Vitamin B12 Sales in Volume by Country (2024-2029)
8.2.2 Latin America Vitamin B12 Sales in Value by Country (2024-2029)
9 Middle East and Africa Vitamin B12 by Country
9.1 Middle East and Africa Vitamin B12 Historic Market Size by Country
9.1.1 Middle East and Africa Vitamin B12 Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Vitamin B12 Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Vitamin B12 Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Vitamin B12 Forecasted Market Size by Country
9.2.1 Middle East and Africa Vitamin B12 Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Vitamin B12 Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Sanofi
10.1.1 Sanofi Company Information
10.1.2 Sanofi Introduction and Business Overview
10.1.3 Sanofi Vitamin B12 Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Sanofi Vitamin B12 Products Offered
10.1.5 Sanofi Recent Development
10.2 Hebei Yufeng Group
10.2.1 Hebei Yufeng Group Company Information
10.2.2 Hebei Yufeng Group Introduction and Business Overview
10.2.3 Hebei Yufeng Group Vitamin B12 Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Hebei Yufeng Group Vitamin B12 Products Offered
10.2.5 Hebei Yufeng Group Recent Development
10.3 Hebei Huarong Pharmaceutical
10.3.1 Hebei Huarong Pharmaceutical Company Information
10.3.2 Hebei Huarong Pharmaceutical Introduction and Business Overview
10.3.3 Hebei Huarong Pharmaceutical Vitamin B12 Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Hebei Huarong Pharmaceutical Vitamin B12 Products Offered
10.3.5 Hebei Huarong Pharmaceutical Recent Development
10.4 Ningxia Kingvit Pharmaceutical
10.4.1 Ningxia Kingvit Pharmaceutical Company Information
10.4.2 Ningxia Kingvit Pharmaceutical Introduction and Business Overview
10.4.3 Ningxia Kingvit Pharmaceutical Vitamin B12 Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Ningxia Kingvit Pharmaceutical Vitamin B12 Products Offered
10.4.5 Ningxia Kingvit Pharmaceutical Recent Development
10.5 NCPC VICTOR
10.5.1 NCPC VICTOR Company Information
10.5.2 NCPC VICTOR Introduction and Business Overview
10.5.3 NCPC VICTOR Vitamin B12 Sales, Revenue and Gross Margin (2018-2023)
10.5.4 NCPC VICTOR Vitamin B12 Products Offered
10.5.5 NCPC VICTOR Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Vitamin B12 Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Vitamin B12 Industrial Chain Analysis
11.4 Vitamin B12 Market Dynamics
11.4.1 Vitamin B12 Industry Trends
11.4.2 Vitamin B12 Market Drivers
11.4.3 Vitamin B12 Market Challenges
11.4.4 Vitamin B12 Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Vitamin B12 Distributors
12.3 Vitamin B12 Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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