Global Vitamin B12 Market Expanding at a CAGR of 9.19% during 2024-2030

A comprehensive analysis report on the Global Vitamin B12 Market has been recently released by MarkNtel Advisors, covering the forecast period from 2024 to 2030. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Vitamin B12 Market presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

Vitamin B12 Market Overview:

Base Year: 2023

Forecast Years: 2024-2030

Historical Years: 2019-2022

Market Growth Rate: 9.19% (2024-2030)

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Vitamin B12 Market Segmentation Analysis:

According to MarkNtel study the market is segmented the into the following categories:

By Cyanocobalamin Type

Injection
Oral
Spray

By capturing the potential share, the injection type is anticipated to contribute notably to the Global Vitamin B12 Market growth & expansion during 2024-30.

By Type of Production

Direct Fermentation
Indirect Production
Genetic Engineering

By Product

1% Vitamin B12
2% Vitamin B12
98% Vitamin B12
Others (96% Vitamin B12, 99% Vitamin B12)

By Application

Medical Treatment
Food Additives
Feed Supplement
Others (Cosmetics, Pharmaceutical, etc.)

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By Region

Americas
Asia-Pacific
Middle East & Africa
Europe

Of all regions globally, Asia-Pacific is anticipated to dominate the market with the largest share during 2024-30.

Vitamin B12 Market Competitive Landscape:

This section competitive landscape covers the top companies’ participants in the Vitamin B12 industry, and their business description, product portfolio, strategic alliances or partnerships, recent developments, financial details analysis from 2024-2030.

Leading Market Player Are:

Hebei Yufeng Group
Hebei Huarong Pharmaceutical
BASF Nutrition
Sanofi
NCPC VICTOR
Chempure
Hebei Yuxing Bio-Engineering Co. Ltd
Ningxia Kingvit Pharmaceutical

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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Key Report Highlights

Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

About Us:

We are a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.