Report overview
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 (Cyanocobalamin), 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 (Cyanocobalamin). This report contains market size and forecasts of Vitamin B12 (Cyanocobalamin) in global, including the following market information:
Global Vitamin B12 (Cyanocobalamin) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Vitamin B12 (Cyanocobalamin) Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Vitamin B12 (Cyanocobalamin) companies in 2022 (%)
The global Vitamin B12 (Cyanocobalamin) 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.
We surveyed the Vitamin B12 (Cyanocobalamin) 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 (Cyanocobalamin) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Vitamin B12 (Cyanocobalamin) Market Segment Percentages, by Type, 2022 (%)
0.98
0.02
0.01
Others
Global Vitamin B12 (Cyanocobalamin) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Vitamin B12 (Cyanocobalamin) Market Segment Percentages, by Application, 2022 (%)
Pharmaceutical Industry
Food Industry
Feed Industry
Others
Global Vitamin B12 (Cyanocobalamin) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Vitamin B12 (Cyanocobalamin) 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 (Cyanocobalamin) revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Vitamin B12 (Cyanocobalamin) revenues share in global market, 2022 (%)
Key companies Vitamin B12 (Cyanocobalamin) sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Vitamin B12 (Cyanocobalamin) 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 (Cyanocobalamin), market overview.
Chapter 2: Global Vitamin B12 (Cyanocobalamin) market size in revenue and volume.
Chapter 3: Detailed analysis of Vitamin B12 (Cyanocobalamin) 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 (Cyanocobalamin) 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 (Cyanocobalamin) 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.
