Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Vitamin B12 (Cyanocobalamin) Market by Type (0.98, 0.02, 0.01, Others), By Application (Pharmaceutical Industry, Food Industry, Feed Industry, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Vitamin B12 (Cyanocobalamin) Market by Type (0.98, 0.02, 0.01, Others), By Application (Pharmaceutical Industry, Food Industry, Feed Industry, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 218866 3300 Chemical & Material 377 245 Pages 4.5 (31)
                                          

The global vitamin B12 (cyanocobalamin) market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for vitamin B12 in pharmaceutical industry, food industry, and feed industry. Vitamin B12 is an essential nutrient that helps in the production of red blood cells and DNA synthesis. It also helps in maintaining healthy nerve cells and myelin sheaths that protect nerves. Vitamin B12 deficiency can lead to anemia, fatigue, weakness, constipation, weight loss or gain due to poor absorption of nutrients from food intake and other symptoms such as depression or dementia. The global vitamin B12 (cyanocobalamin) market has been segmented on the basis of type into 0.98%, 0.02%, and 0.01%. The type with highest share is 0.98%. This type is used as a co-enzyme for various metabolic reactions including fatty acid synthesis and amino acid metabolism which are important for energy production in cells; it also aids in converting carbohydrates into glucose which provides energy for brain function among others functions like DNA synthesis etc,. In terms of application, the global vitamin B12 (cyanocobalamin) market has been segmented into pharmaceutical industry; food industry; feed industry; animal health care products etc,. On basis of region North America accounts for largest share followed by Europe then Asia Pacific then Latin America then Middle East & Africa respectively.

Some Of The Growth Factors Of This Market:

  1. Vitamin B12 is a water-soluble vitamin that is essential for the production of red blood cells and DNA synthesis.
  2. Vitamin B12 deficiency can lead to anemia, fatigue, and depression.
  3. The global population is aging, which will increase the demand for vitamin B12 supplements in the future as people age and become more susceptible to deficiencies in this nutrient.
  4. The prevalence of veganism has increased in recent years, which may also contribute to an increase in demand for vitamin B12 supplements as vegans are at risk of developing a deficiency due to their diet not containing enough animal products that contain this nutrient.
  5. There are many different forms of vitamin b12 available on the market today including cyanocobalamin (the most common form), methylcobalamin, hydroxocobalamin, adenosylcobalamin.

Industry Growth Insights published a new data on “Vitamin B12 (Cyanocobalamin) Market”. The research report is titled “Vitamin B12 (Cyanocobalamin) Market research by Types (0.98, 0.02, 0.01, Others), By Applications (Pharmaceutical Industry, Food Industry, Feed Industry, Others), By Players/Companies Sanofi, Hebei Yufeng Group, Hebei Huarong Pharmaceutical, Ningxia Kingvit Pharmaceutical, NCPC VICTOR”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Vitamin B12 (Cyanocobalamin) Market Research Report

By Type

0.98, 0.02, 0.01, Others

By Application

Pharmaceutical Industry, Food Industry, Feed Industry, Others

By Companies

Sanofi, Hebei Yufeng Group, Hebei Huarong Pharmaceutical, Ningxia Kingvit Pharmaceutical, NCPC VICTOR

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

245

Number of Tables & Figures

172

Customization Available

Yes, the report can be customized as per your need.


Global Vitamin B12 (Cyanocobalamin) Industry Outlook


Global Vitamin B12 (Cyanocobalamin) Market Report Segments:

The global Vitamin B12 (Cyanocobalamin) market is segmented on the basis of:

Types

0.98, 0.02, 0.01, Others

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Pharmaceutical Industry, Food Industry, Feed Industry, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Sanofi
  2. Hebei Yufeng Group
  3. Hebei Huarong Pharmaceutical
  4. Ningxia Kingvit Pharmaceutical
  5. NCPC VICTOR

Global Vitamin B12 (Cyanocobalamin) Market Overview


Highlights of The Vitamin B12 (Cyanocobalamin) Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. 0.98
    2. 0.02
    3. 0.01
    4. Others
  1. By Application:

    1. Pharmaceutical Industry
    2. Food Industry
    3. Feed Industry
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Vitamin B12 (Cyanocobalamin) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Vitamin B12 (Cyanocobalamin) Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Vitamin B12 is a water soluble vitamin that helps the body to produce energy. It is also important for the normal function of the brain and nerves.

Some of the major companies in the vitamin b12 (cyanocobalamin) market are Sanofi, Hebei Yufeng Group, Hebei Huarong Pharmaceutical, Ningxia Kingvit Pharmaceutical, NCPC VICTOR.

The vitamin b12 (cyanocobalamin) market is expected to register a CAGR of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Vitamin B12 (Cyanocobalamin) Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Vitamin B12 (Cyanocobalamin) Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Vitamin B12 (Cyanocobalamin) Market - Supply Chain
   4.5. Global Vitamin B12 (Cyanocobalamin) Market Forecast
      4.5.1. Vitamin B12 (Cyanocobalamin) Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Vitamin B12 (Cyanocobalamin) Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Vitamin B12 (Cyanocobalamin) Market Absolute $ Opportunity

5. Global Vitamin B12 (Cyanocobalamin) Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Vitamin B12 (Cyanocobalamin) Market Size and Volume Forecast by Type
      5.3.1. 0.98
      5.3.2. 0.02
      5.3.3. 0.01
      5.3.4. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Vitamin B12 (Cyanocobalamin) Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Vitamin B12 (Cyanocobalamin) Market Size and Volume Forecast by Application
      6.3.1. Pharmaceutical Industry
      6.3.2. Food Industry
      6.3.3. Feed Industry
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Vitamin B12 (Cyanocobalamin) Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Vitamin B12 (Cyanocobalamin) Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Vitamin B12 (Cyanocobalamin) Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Vitamin B12 (Cyanocobalamin) Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Vitamin B12 (Cyanocobalamin) Demand Share Forecast, 2019-2026

9. North America Vitamin B12 (Cyanocobalamin) Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Vitamin B12 (Cyanocobalamin) Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Vitamin B12 (Cyanocobalamin) Market Size and Volume Forecast by Application
      9.4.1. Pharmaceutical Industry
      9.4.2. Food Industry
      9.4.3. Feed Industry
      9.4.4. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Vitamin B12 (Cyanocobalamin) Market Size and Volume Forecast by Type
      9.7.1. 0.98
      9.7.2. 0.02
      9.7.3. 0.01
      9.7.4. Others
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Vitamin B12 (Cyanocobalamin) Demand Share Forecast, 2019-2026

10. Latin America Vitamin B12 (Cyanocobalamin) Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Vitamin B12 (Cyanocobalamin) Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Vitamin B12 (Cyanocobalamin) Market Size and Volume Forecast by Application
      10.4.1. Pharmaceutical Industry
      10.4.2. Food Industry
      10.4.3. Feed Industry
      10.4.4. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Vitamin B12 (Cyanocobalamin) Market Size and Volume Forecast by Type
      10.7.1. 0.98
      10.7.2. 0.02
      10.7.3. 0.01
      10.7.4. Others
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Vitamin B12 (Cyanocobalamin) Demand Share Forecast, 2019-2026

11. Europe Vitamin B12 (Cyanocobalamin) Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Vitamin B12 (Cyanocobalamin) Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Vitamin B12 (Cyanocobalamin) Market Size and Volume Forecast by Application
      11.4.1. Pharmaceutical Industry
      11.4.2. Food Industry
      11.4.3. Feed Industry
      11.4.4. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Vitamin B12 (Cyanocobalamin) Market Size and Volume Forecast by Type
      11.7.1. 0.98
      11.7.2. 0.02
      11.7.3. 0.01
      11.7.4. Ohers
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Vitamin B12 (Cyanocobalamin) Demand Share, 2019-2026

12. Asia Pacific Vitamin B12 (Cyanocobalamin) Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Vitamin B12 (Cyanocobalamin) Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Vitamin B12 (Cyanocobalamin) Market Size and Volume Forecast by Application
      12.4.1. Pharmaceutical Industry
      12.4.2. Food Industry
      12.4.3. Feed Industry
      12.4.4. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Vitamin B12 (Cyanocobalamin) Market Size and Volume Forecast by Type
      12.7.1. 0.98
      12.7.2. 0.02
      12.7.3. 0.01
      12.7.4. Others
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Vitamin B12 (Cyanocobalamin) Demand Share, 2019-2026

13. Middle East & Africa Vitamin B12 (Cyanocobalamin) Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Vitamin B12 (Cyanocobalamin) Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Vitamin B12 (Cyanocobalamin) Market Size and Volume Forecast by Application
      13.4.1. Pharmaceutical Industry
      13.4.2. Food Industry
      13.4.3. Feed Industry
      13.4.4. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Vitamin B12 (Cyanocobalamin) Market Size and Volume Forecast by Type
      13.7.1. 0.98
      13.7.2. 0.02
      13.7.3. 0.01
      13.7.4. Others
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Vitamin B12 (Cyanocobalamin) Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Vitamin B12 (Cyanocobalamin) Market: Market Share Analysis
   14.2. Vitamin B12 (Cyanocobalamin) Distributors and Customers
   14.3. Vitamin B12 (Cyanocobalamin) Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Sanofi
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Hebei Yufeng Group
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Hebei Huarong Pharmaceutical
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Ningxia Kingvit Pharmaceutical
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. NCPC VICTOR
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. COMPANY6
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. COMPANY7
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. COMPANY8
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. COMPANY9
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. COMPANY 10
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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