Global Vitamin B12 (Cobalamin) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Vitamin B12 (Cobalamin) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Vitamin B12 (Cobalamin) market size was valued at USD 428.2 million in 2023 and is forecast to a readjusted size of USD 518.7 million by 2030 with a CAGR of 2.8% during review period.

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 industry's leading manufacturers are Sanofi-Aventis, Merck and Pfizer, with a combined revenue share of 26.08% in 2019.

The Global Info Research report includes an overview of the development of the Vitamin B12 (Cobalamin) industry chain, the market status of Feed Supplement (Direct Fermentation, Indirect Production), Medical Treatment (Direct Fermentation, Indirect Production), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Vitamin B12 (Cobalamin).

Regionally, the report analyzes the Vitamin B12 (Cobalamin) markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Vitamin B12 (Cobalamin) market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Vitamin B12 (Cobalamin) market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Vitamin B12 (Cobalamin) industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Direct Fermentation, Indirect Production).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Vitamin B12 (Cobalamin) market.

Regional Analysis: The report involves examining the Vitamin B12 (Cobalamin) market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Vitamin B12 (Cobalamin) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Vitamin B12 (Cobalamin):

Company Analysis: Report covers individual Vitamin B12 (Cobalamin) manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Vitamin B12 (Cobalamin) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Feed Supplement, Medical Treatment).

Technology Analysis: Report covers specific technologies relevant to Vitamin B12 (Cobalamin). It assesses the current state, advancements, and potential future developments in Vitamin B12 (Cobalamin) areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Vitamin B12 (Cobalamin) market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Vitamin B12 (Cobalamin) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Direct Fermentation
Indirect Production
Genetic Engineering

Market segment by Application
Feed Supplement
Medical Treatment
Food Additives
Others

Major players covered
Yufeng Industry
Huarong Pharmaceutical
NCPC Victor
Kingvit
Sanofi

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Vitamin B12 (Cobalamin) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Vitamin B12 (Cobalamin), with price, sales, revenue and global market share of Vitamin B12 (Cobalamin) from 2019 to 2024.

Chapter 3, the Vitamin B12 (Cobalamin) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Vitamin B12 (Cobalamin) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Vitamin B12 (Cobalamin) market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Vitamin B12 (Cobalamin).

Chapter 14 and 15, to describe Vitamin B12 (Cobalamin) sales channel, distributors, customers, research findings and conclusion.