The global vitamin B2 (riboflavin) market is expected to grow at a CAGR of 4.5% during the forecast period. Vitamin B2 is also used in pharmaceutical and cosmetic industry as an antioxidant agent. The content 80% vitamin B2 segment accounted for the largest share of the global market in 2017 owing to its wide application across various industries such as feed additives, food additives, pharmaceutical & cosmetic industry. The content 98102% segment was estimated at USD 1 billion in 2017 and is projected to grow at a CAGR of 5.6% from 2018-2030 owing to its high demand from pharmaceutical & cosmetic industry which has been increasing over the past few years due to its antioxidant properties that help protect skin cells from damage caused by free radicals or other environmental factors such as pollution or UV rays. It also helps in the production of energy from food and aids in digestion by helping with protein metabolism.
- Vitamin B2 deficiency can lead to skin lesions, mouth ulcers, sore throat, fatigue, depression and other symptoms that are collectively known as riboflavinosis or "riboflavin disease." Riboflavin deficiency can also lead to anemia which may result in fatigue or shortness of breath due to low oxygen levels in the blood stream.
Industry Growth Insights published a new data on “Vitamin B2 (Riboflavin) Market”. The research report is titled “Vitamin B2 (Riboflavin) Market research by Types (Content 80% Vitamin B2, Content 80%-96% Vitamin B2, Content 98%-102% Vitamin B2), By Applications (Feed Additives, Food Additives, Pharmaceutical & Cosmetic Industry), By Players/Companies Guangji Pharmaceutical, DSM, BASF, Shanghai Acebright Pharmaceuticals, NB GROUP”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vitamin B2 (Riboflavin) Market Research Report
By Type
Content 80% Vitamin B2, Content 80%-96% Vitamin B2, Content 98%-102% Vitamin B2
By Application
Feed Additives, Food Additives, Pharmaceutical & Cosmetic Industry
By Companies
Guangji Pharmaceutical, DSM, BASF, Shanghai Acebright Pharmaceuticals, NB GROUP
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Vitamin B2 (Riboflavin) Market Report Segments:
The global Vitamin B2 (Riboflavin) market is segmented on the basis of:
Types
Content 80% Vitamin B2, Content 80%-96% Vitamin B2, Content 98%-102% Vitamin B2
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
Feed Additives, Food Additives, Pharmaceutical & Cosmetic Industry
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:
- Guangji Pharmaceutical
- DSM
- BASF
- Shanghai Acebright Pharmaceuticals
- NB GROUP
Highlights of The Vitamin B2 (Riboflavin) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Content 80% Vitamin B2
- Content 80%-96% Vitamin B2
- Content 98%-102% Vitamin B2
- By Application:
- Feed Additives
- Food Additives
- Pharmaceutical & Cosmetic Industry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vitamin B2 (Riboflavin) 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.
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- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Riboflavin is a water soluble vitamin that helps the body produce energy by converting food into glucose. Riboflavin also helps to maintain healthy skin, hair, and nails.
Some of the major companies in the vitamin b2 (riboflavin) market are Guangji Pharmaceutical, DSM, BASF, Shanghai Acebright Pharmaceuticals, NB GROUP.
The vitamin b2 (riboflavin) market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vitamin B2 (Riboflavin) 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 B2 (Riboflavin) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vitamin B2 (Riboflavin) Market - Supply Chain
4.5. Global Vitamin B2 (Riboflavin) Market Forecast
4.5.1. Vitamin B2 (Riboflavin) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vitamin B2 (Riboflavin) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vitamin B2 (Riboflavin) Market Absolute $ Opportunity
5. Global Vitamin B2 (Riboflavin) 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 B2 (Riboflavin) Market Size and Volume Forecast by Type
5.3.1. Content 80% Vitamin B2
5.3.2. Content 80%-96% Vitamin B2
5.3.3. Content 98%-102% Vitamin B2
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vitamin B2 (Riboflavin) 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 B2 (Riboflavin) Market Size and Volume Forecast by Application
6.3.1. Feed Additives
6.3.2. Food Additives
6.3.3. Pharmaceutical & Cosmetic Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vitamin B2 (Riboflavin) 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 B2 (Riboflavin) 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 B2 (Riboflavin) 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 B2 (Riboflavin) 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 B2 (Riboflavin) Demand Share Forecast, 2019-2026
9. North America Vitamin B2 (Riboflavin) 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 B2 (Riboflavin) 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 B2 (Riboflavin) Market Size and Volume Forecast by Application
9.4.1. Feed Additives
9.4.2. Food Additives
9.4.3. Pharmaceutical & Cosmetic Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vitamin B2 (Riboflavin) Market Size and Volume Forecast by Type
9.7.1. Content 80% Vitamin B2
9.7.2. Content 80%-96% Vitamin B2
9.7.3. Content 98%-102% Vitamin B2
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 B2 (Riboflavin) Demand Share Forecast, 2019-2026
10. Latin America Vitamin B2 (Riboflavin) 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 B2 (Riboflavin) 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 B2 (Riboflavin) Market Size and Volume Forecast by Application
10.4.1. Feed Additives
10.4.2. Food Additives
10.4.3. Pharmaceutical & Cosmetic Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vitamin B2 (Riboflavin) Market Size and Volume Forecast by Type
10.7.1. Content 80% Vitamin B2
10.7.2. Content 80%-96% Vitamin B2
10.7.3. Content 98%-102% Vitamin B2
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 B2 (Riboflavin) Demand Share Forecast, 2019-2026
11. Europe Vitamin B2 (Riboflavin) 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 B2 (Riboflavin) 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 B2 (Riboflavin) Market Size and Volume Forecast by Application
11.4.1. Feed Additives
11.4.2. Food Additives
11.4.3. Pharmaceutical & Cosmetic Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vitamin B2 (Riboflavin) Market Size and Volume Forecast by Type
11.7.1. Content 80% Vitamin B2
11.7.2. Content 80%-96% Vitamin B2
11.7.3. Content 98%-102 Vitamin B2
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 B2 (Riboflavin) Demand Share, 2019-2026
12. Asia Pacific Vitamin B2 (Riboflavin) 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 B2 (Riboflavin) 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 B2 (Riboflavin) Market Size and Volume Forecast by Application
12.4.1. Feed Additives
12.4.2. Food Additives
12.4.3. Pharmaceutical & Cosmetic Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vitamin B2 (Riboflavin) Market Size and Volume Forecast by Type
12.7.1. Content 80% Vitamin B2
12.7.2. Content 80%-96% Vitamin B2
12.7.3. Content 98%-102% Vitamin B2
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 B2 (Riboflavin) Demand Share, 2019-2026
13. Middle East & Africa Vitamin B2 (Riboflavin) 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 B2 (Riboflavin) 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 B2 (Riboflavin) Market Size and Volume Forecast by Application
13.4.1. Feed Additives
13.4.2. Food Additives
13.4.3. Pharmaceutical & Cosmetic Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vitamin B2 (Riboflavin) Market Size and Volume Forecast by Type
13.7.1. Content 80% Vitamin B2
13.7.2. Content 80%-96% Vitamin B2
13.7.3. Content 98%-102% Vitamin B2
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 B2 (Riboflavin) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vitamin B2 (Riboflavin) Market: Market Share Analysis
14.2. Vitamin B2 (Riboflavin) Distributors and Customers
14.3. Vitamin B2 (Riboflavin) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Guangji Pharmaceutical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DSM
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BASF
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Shanghai Acebright Pharmaceuticals
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NB GROUP
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