Global Vegan B12 Supplement Market Growth 2025-2031

The global Vegan B12 Supplement market size is predicted to grow from US$ 224 million in 2025 to US$ 276 million in 2031; it is expected to grow at a CAGR of 3.5% from 2025 to 2031.

The vegan B12 supplement market has been experiencing significant growth in recent years, driven by the increasing adoption of vegan and vegetarian diets. B12 is primarily found in animal-based products, making it challenging for vegans to obtain sufficient levels of this essential nutrient from their diet alone. As a result, the demand for vegan B12 supplements has been steadily rising.The vegan B12 supplement market is witnessing strong growth across various regions, including North America, Europe, and Asia-Pacific. North America currently holds the largest market share, driven by the high prevalence of vegan and vegetarian diets in countries like the United States and Canada. Europe is also a significant market for vegan B12 supplements, with countries like Germany, the United Kingdom, and France leading the demand. The Asia-Pacific region is expected to witness the fastest growth, fueled by the increasing adoption of veganism and vegetarianism in countries like India, China, and Japan.The vegan B12 supplement market is highly fragmented, with numerous players operating in the industry. The vegan B12 supplement market presents several opportunities for growth. The rising awareness about the importance of B12 supplementation among vegans and vegetarians is a key driver for market expansion. Additionally, the increasing availability of vegan B12 supplements through online retail channels and health food stores is expected to boost market growth. Moreover, the growing trend of personalized nutrition and the development of innovative delivery formats, such as gummies and sprays, present opportunities for market players to cater to a wider consumer base.Despite the positive market outlook, the vegan B12 supplement market also faces certain challenges. One of the primary challenges is the lack of awareness among vegans and vegetarians about the need for B12 supplementation. Many individuals following plant-based diets may not be aware of the potential health risks associated with B12 deficiency, leading to lower demand for supplements. Additionally, the availability of plant-based food fortified with B12, such as plant-based milk and cereals, may reduce the perceived need for supplements among some consumers. Moreover, the presence of counterfeit products and the lack of regulatory standards in some regions pose challenges to market growth.

LP Information, Inc. (LPI) ' newest research report, the “Vegan B12 Supplement Industry Forecast” looks at past sales and reviews total world Vegan B12 Supplement sales in 2024, providing a comprehensive analysis by region and market sector of projected Vegan B12 Supplement sales for 2025 through 2031. With Vegan B12 Supplement sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vegan B12 Supplement industry.

This Insight Report provides a comprehensive analysis of the global Vegan B12 Supplement landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Vegan B12 Supplement portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Vegan B12 Supplement market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vegan B12 Supplement and breaks down the forecast by Type, by Channel, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vegan B12 Supplement.

This report presents a comprehensive overview, market shares, and growth opportunities of Vegan B12 Supplement market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Capsule
Spray
Others

Segmentation by Channel:
Offline Sales
Online Sales

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Live Conscious
Future Kind
HUM Nutrition
MegaFood
Global Healing
Naturelo
Deva
MaryRuth’s
Garden of Life
EZ Melts
Vivo Life
Puritan's Pride
Live Well Nationwide
Omvits
Ergomax
EVO Nutrition
Nuevita
Sealions

Key Questions Addressed in this Report

What is the 10-year outlook for the global Vegan B12 Supplement market?

What factors are driving Vegan B12 Supplement market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Vegan B12 Supplement market opportunities vary by end market size?

How does Vegan B12 Supplement break out by Type, by Channel?

Please note: The report will take approximately 2 business days to prepare and deliver.