Global Vitamin B-complex Ingredients Market 2024-2028
The vitamin B-complex ingredients market is forecasted to grow by USD 790.27 mn during 2023-2028, accelerating at a CAGR of 4.7% during the forecast period. The report on the vitamin B-complex ingredients market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing health and wellness awareness, rising consumer preference for fortified foods, and a vast prevalence of vitamin B preferences.
Technavio's vitamin B-complex ingredients market is segmented as below:
By Distribution Channel
By End-user
- Nutraceuticals and dietary supplements
- Food and beverage industry
- Pharmaceuticals
- Cosmetics and personal care
- Animal feed
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the increasing demand for nutritional supplements as one of the prime reasons driving the vitamin B-complex ingredients market growth during the next few years. Also, rising innovation and product development and rising demand for natural and organic sources will lead to sizable demand in the market.
The report on the vitamin B-complex ingredients market covers the following areas:
- Vitamin B-complex ingredients market sizing
- Vitamin B-complex ingredients market forecast
- Vitamin B-complex ingredients market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading vitamin B-complex ingredients market vendors that include BASF SE, Bayer AG, Blackmores Ltd., Country Life Vitamins LLC, GNC Holdings LLC, Haleon Plc, Jarrow Formulas Inc., Koninklijke DSM NV, Life Extension Foundation Buyers Club Inc., Lonza Group Ltd., Nestle SA, NOW Health Group Inc., Nutricost, Otsuka Holdings Co. Ltd., Solgar Inc., Swanson Health Products Inc., Swisse Wellness Pty Ltd., Thorne HealthTech Inc., Vitabiotics Ltd., and WN Pharmaceuticals Ltd. Also, the vitamin B-complex ingredients market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.