Global Vitamin B12 Market was valued at USD 251.5 million in 2022 and is projected to reach USD 386.2 million by 2029, growing at a CAGR of 5.5% during the forecast period of 2023-2029.
Global Vitamin B12 Market Report Overview
The Global Vitamin B12 Market report is based on primary and secondary data, and uses various analytical tools, such as SWOT, Porter’s Five Forces, PESTLE, and the bottom-up approach. The report provides a segment-wise and region-wise analysis of the Global Vitamin B12 market, which helps to understand the market structure and is useful for investors who are considering investing in the market.
Global Vitamin B12 Market Report Scope and Research Methodology
The report provides insights into the emerging trends, market drivers, growth opportunities, and restraints that are shaping the Global Vitamin B12 industry. It also provides an in-depth analysis of the Global Vitamin B12 market segments and their sub-segments, as well as the regional markets.
The report aims to provide historical data and forecast revenue growth at the global, regional, and country levels. The key methodology used by the MMR team is data triangulation, which involves data mining, analysis of the impact of data variables on the Global Vitamin B12 market, and primary (industry expert) validation.
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Secondary data was collected from the annual or financial reports of market players, as well as paid and free databases. Primary data was collected by interviewing Global Vitamin B12 industry experts. The bottom-up approach was used to estimate the regional and global Global Vitamin B12 market size. PESTLE analysis was used to identify the macro and microeconomic factors influencing the market growth. SWOT analysis was used to assess the strengths, weaknesses, opportunities, and threats of market players and the Global Vitamin B12 industry.
Global Vitamin B12 Market Regional Insights
Major countries in each region are included in the report according to their revenue contribution to the global Global Vitamin B12 market. The study includes a region-wise detailed analysis of the Global Vitamin B12 market. The regions are: North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa.
Global Vitamin B12 Market Segmentation
by Product Type
1.Cyanocobalamin
2.Methyl cobalamin
3.Adenosyl cobalamin
by Form
1.Tablets
2.Capsules
3.Injections
4. Others (gummies, sprays, and powders)
by End-User
1.Pharmaceuticals
2.Dietary supplements
3.Food and beverages
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Global Vitamin B12 Key Players
1.Merck KGaA (Germany)
2.Pfizer Inc. (USA)
3. Sanofi S.A. (France)
4.GlaxoSmithKline plc (UK)
5. Fermenta Biotech Ltd. (India)
6.NOW Foods (USA)
7. Garden of Life LLC (USA)
8.Nature Made (USA)
9.Solgar Inc. (USA)
10.Pure Encapsulations (USA)
11. The Clorox Company (USA)
12. Daiichi Sankyo Company Limited (Japan)
13. Amway (USA)
14.DSM Nutritional Products (Netherlands)
15.Nature’s Bounty Co. (USA)
16.Sundown Naturals (USA)
17.Jarrow Formulas, Inc. (USA)
18.Nordic Naturals (USA)
19. Pharmavite LLC (USA)
20.Bluebonnet Nutrition Corporation (USA)
21.Life Extension (USA)
22. Solgar Vitamin and Herb (USA)
23.Nature’s Plus (USA)
24.Country Life Vitamins (USA)
25. Biotics Research Corporation (USA)
Key questions answered in the Global Vitamin B12 Market are:
- What was the Global Vitamin B12 Market size in 2022?
- What is the expected Global Vitamin B12 Market size by the end of the forecast period?
- What are the global trends in the Global Vitamin B12 Market?
- What are the upcoming industry End-Use Industry and trends for the Global Vitamin B12 Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for Global Vitamin B12 Market?
- How is the intervention from regulatory authority shaping the Global Vitamin B12 Market?
- What growth strategies are the players considering to increase their presence in Global Vitamin B12?
- Who are the leading companies and what are their portfolios in Global Vitamin B12 Market?
- What are the major challenges that the Global Vitamin B12 Market could face in the future?
- Who held the largest market share in Global Vitamin B12 Market?
Key Offerings:
- Detailed Market Overview
- Market Share and Size
- Market Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis of segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
- Key Opinion Leaders
- Industry Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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