Vitamin B12 Market, Global Outlook and Forecast 2023-2029

Report ID: MMG109841 | Category: Chemical & Material | Pages: 71 | Format: PDF | Published Date: July 12,2023

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Report Summary

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.
This report aims to provide a comprehensive presentation of the global market for Vitamin B12, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vitamin B12. This report contains market size and forecasts of Vitamin B12 in global, including the following market information:
Global Vitamin B12 Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Vitamin B12 Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Vitamin B12 companies in 2022 (%)
The global Vitamin B12 market was valued at US$ 428.2 million in 2022 and is projected to reach US$ 575.3 million by 2029, at a CAGR of 4.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The industry's leading manufacturers are Sanofi-Aventis, Merck and Pfizer, with a combined revenue share of 26.08% in 2019.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Vitamin B12 manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Vitamin B12 Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Vitamin B12 Market Segment Percentages, by Type, 2022 (%)
    0.98
    0.02
    0.01
    Others
Global Vitamin B12 Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Vitamin B12 Market Segment Percentages, by Application, 2022 (%)
    Food Industry
    Feed Industry
    Others
Global Vitamin B12 Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Vitamin B12 Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Vitamin B12 revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Vitamin B12 revenues share in global market, 2022 (%)
Key companies Vitamin B12 sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Vitamin B12 sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Sanofi
    Hebei Yufeng Group
    Hebei Huarong Pharmaceutical
    Ningxia Kingvit Pharmaceutical
    NCPC VICTOR
Outline of Major Chapters:
Chapter 1: Introduces the definition of Vitamin B12, market overview.
Chapter 2: Global Vitamin B12 market size in revenue and volume.
Chapter 3: Detailed analysis of Vitamin B12 manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Vitamin B12 in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: 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 8: Global Vitamin B12 capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 Vitamin B12 Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Vitamin B12 Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Vitamin B12 Overall Market Size
    2.1 Global Vitamin B12 Market Size: 2022 VS 2029
    2.2 Global Vitamin B12 Revenue, Prospects & Forecasts: 2018-2029
    2.3 Global Vitamin B12 Sales: 2018-2029
3 Company Landscape
    3.1 Top Vitamin B12 Players in Global Market
    3.2 Top Global Vitamin B12 Companies Ranked by Revenue
    3.3 Global Vitamin B12 Revenue by Companies
    3.4 Global Vitamin B12 Sales by Companies
    3.5 Global Vitamin B12 Price by Manufacturer (2018-2023)
    3.6 Top 3 and Top 5 Vitamin B12 Companies in Global Market, by Revenue in 2022
    3.7 Global Manufacturers Vitamin B12 Product Type
    3.8 Tier 1, Tier 2 and Tier 3 Vitamin B12 Players in Global Market
        3.8.1 List of Global Tier 1 Vitamin B12 Companies
        3.8.2 List of Global Tier 2 and Tier 3 Vitamin B12 Companies
4 Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Vitamin B12 Market Size Markets, 2022 & 2029
        4.1.2 0.98
        4.1.3 0.02
        4.1.4 0.01
        4.1.5 Others
    4.2 By Type - Global Vitamin B12 Revenue & Forecasts
        4.2.1 By Type - Global Vitamin B12 Revenue, 2018-2023
        4.2.2 By Type - Global Vitamin B12 Revenue, 2024-2029
        4.2.3 By Type - Global Vitamin B12 Revenue Market Share, 2018-2029
    4.3 By Type - Global Vitamin B12 Sales & Forecasts
        4.3.1 By Type - Global Vitamin B12 Sales, 2018-2023
        4.3.2 By Type - Global Vitamin B12 Sales, 2024-2029
        4.3.3 By Type - Global Vitamin B12 Sales Market Share, 2018-2029
    4.4 By Type - Global Vitamin B12 Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Vitamin B12 Market Size, 2022 & 2029
        5.1.2 Food Industry
        5.1.3 Feed Industry
        5.1.4 Others
    5.2 By Application - Global Vitamin B12 Revenue & Forecasts
        5.2.1 By Application - Global Vitamin B12 Revenue, 2018-2023
        5.2.2 By Application - Global Vitamin B12 Revenue, 2024-2029
        5.2.3 By Application - Global Vitamin B12 Revenue Market Share, 2018-2029
    5.3 By Application - Global Vitamin B12 Sales & Forecasts
        5.3.1 By Application - Global Vitamin B12 Sales, 2018-2023
        5.3.2 By Application - Global Vitamin B12 Sales, 2024-2029
        5.3.3 By Application - Global Vitamin B12 Sales Market Share, 2018-2029
    5.4 By Application - Global Vitamin B12 Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
    6.1 By Region - Global Vitamin B12 Market Size, 2022 & 2029
    6.2 By Region - Global Vitamin B12 Revenue & Forecasts
        6.2.1 By Region - Global Vitamin B12 Revenue, 2018-2023
        6.2.2 By Region - Global Vitamin B12 Revenue, 2024-2029
        6.2.3 By Region - Global Vitamin B12 Revenue Market Share, 2018-2029
    6.3 By Region - Global Vitamin B12 Sales & Forecasts
        6.3.1 By Region - Global Vitamin B12 Sales, 2018-2023
        6.3.2 By Region - Global Vitamin B12 Sales, 2024-2029
        6.3.3 By Region - Global Vitamin B12 Sales Market Share, 2018-2029
    6.4 North America
        6.4.1 By Country - North America Vitamin B12 Revenue, 2018-2029
        6.4.2 By Country - North America Vitamin B12 Sales, 2018-2029
        6.4.3 US Vitamin B12 Market Size, 2018-2029
        6.4.4 Canada Vitamin B12 Market Size, 2018-2029
        6.4.5 Mexico Vitamin B12 Market Size, 2018-2029
    6.5 Europe
        6.5.1 By Country - Europe Vitamin B12 Revenue, 2018-2029
        6.5.2 By Country - Europe Vitamin B12 Sales, 2018-2029
        6.5.3 Germany Vitamin B12 Market Size, 2018-2029
        6.5.4 France Vitamin B12 Market Size, 2018-2029
        6.5.5 U.K. Vitamin B12 Market Size, 2018-2029
        6.5.6 Italy Vitamin B12 Market Size, 2018-2029
        6.5.7 Russia Vitamin B12 Market Size, 2018-2029
        6.5.8 Nordic Countries Vitamin B12 Market Size, 2018-2029
        6.5.9 Benelux Vitamin B12 Market Size, 2018-2029
    6.6 Asia
        6.6.1 By Region - Asia Vitamin B12 Revenue, 2018-2029
        6.6.2 By Region - Asia Vitamin B12 Sales, 2018-2029
        6.6.3 China Vitamin B12 Market Size, 2018-2029
        6.6.4 Japan Vitamin B12 Market Size, 2018-2029
        6.6.5 South Korea Vitamin B12 Market Size, 2018-2029
        6.6.6 Southeast Asia Vitamin B12 Market Size, 2018-2029
        6.6.7 India Vitamin B12 Market Size, 2018-2029
    6.7 South America
        6.7.1 By Country - South America Vitamin B12 Revenue, 2018-2029
        6.7.2 By Country - South America Vitamin B12 Sales, 2018-2029
        6.7.3 Brazil Vitamin B12 Market Size, 2018-2029
        6.7.4 Argentina Vitamin B12 Market Size, 2018-2029
    6.8 Middle East & Africa
        6.8.1 By Country - Middle East & Africa Vitamin B12 Revenue, 2018-2029
        6.8.2 By Country - Middle East & Africa Vitamin B12 Sales, 2018-2029
        6.8.3 Turkey Vitamin B12 Market Size, 2018-2029
        6.8.4 Israel Vitamin B12 Market Size, 2018-2029
        6.8.5 Saudi Arabia Vitamin B12 Market Size, 2018-2029
        6.8.6 UAE Vitamin B12 Market Size, 2018-2029
7 Manufacturers & Brands Profiles
    7.1 Sanofi
        7.1.1 Sanofi Company Summary
        7.1.2 Sanofi Business Overview
        7.1.3 Sanofi Vitamin B12 Major Product Offerings
        7.1.4 Sanofi Vitamin B12 Sales and Revenue in Global (2018-2023)
        7.1.5 Sanofi Key News & Latest Developments
    7.2 Hebei Yufeng Group
        7.2.1 Hebei Yufeng Group Company Summary
        7.2.2 Hebei Yufeng Group Business Overview
        7.2.3 Hebei Yufeng Group Vitamin B12 Major Product Offerings
        7.2.4 Hebei Yufeng Group Vitamin B12 Sales and Revenue in Global (2018-2023)
        7.2.5 Hebei Yufeng Group Key News & Latest Developments
    7.3 Hebei Huarong Pharmaceutical
        7.3.1 Hebei Huarong Pharmaceutical Company Summary
        7.3.2 Hebei Huarong Pharmaceutical Business Overview
        7.3.3 Hebei Huarong Pharmaceutical Vitamin B12 Major Product Offerings
        7.3.4 Hebei Huarong Pharmaceutical Vitamin B12 Sales and Revenue in Global (2018-2023)
        7.3.5 Hebei Huarong Pharmaceutical Key News & Latest Developments
    7.4 Ningxia Kingvit Pharmaceutical
        7.4.1 Ningxia Kingvit Pharmaceutical Company Summary
        7.4.2 Ningxia Kingvit Pharmaceutical Business Overview
        7.4.3 Ningxia Kingvit Pharmaceutical Vitamin B12 Major Product Offerings
        7.4.4 Ningxia Kingvit Pharmaceutical Vitamin B12 Sales and Revenue in Global (2018-2023)
        7.4.5 Ningxia Kingvit Pharmaceutical Key News & Latest Developments
    7.5 NCPC VICTOR
        7.5.1 NCPC VICTOR Company Summary
        7.5.2 NCPC VICTOR Business Overview
        7.5.3 NCPC VICTOR Vitamin B12 Major Product Offerings
        7.5.4 NCPC VICTOR Vitamin B12 Sales and Revenue in Global (2018-2023)
        7.5.5 NCPC VICTOR Key News & Latest Developments
8 Global Vitamin B12 Production Capacity, Analysis
    8.1 Global Vitamin B12 Production Capacity, 2018-2029
    8.2 Vitamin B12 Production Capacity of Key Manufacturers in Global Market
    8.3 Global Vitamin B12 Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
    9.1 Market Opportunities & Trends
    9.2 Market Drivers
    9.3 Market Restraints
10 Vitamin B12 Supply Chain Analysis
    10.1 Vitamin B12 Industry Value Chain
    10.2 Vitamin B12 Upstream Market
    10.3 Vitamin B12 Downstream and Clients
    10.4 Marketing Channels Analysis
        10.4.1 Marketing Channels
        10.4.2 Vitamin B12 Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
    12.1 Note
    12.2 Examples of Clients
    12.3 Disclaimer

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Vitamin B12 Market, Global Outlook and Forecast 2023-2029

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