The Vitamin B12 Market size was valued at USD 266.63 million in 2023 and the total Vitamin B12 Revenue is expected to grow at a CAGR of 6.8% from 2024 to 2030, reaching nearly USD 422.63 Million by 2030.

Vitamin B12 Market Overview:

This Vitamin B12 market study's purpose is to give an overview of the Vitamin B12 market as well as extensive market segmentation based on connection type, end-use, and geography. The report includes vital information on the market positions of the major Vitamin B12 companies, as well as notable industry trends and prospects.

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Market Scope:

The research also focuses on the top industry players in the Global Vitamin B12 market, including details such as company biographies, product pictures and specifications, capacity, production, price, cost, revenue, and contact information.

Segmentation:

by Product Type

Cyanocobalamin
Hydroxocobalamine
Methyl cobalamin
Adenosyl cobalamin

by Dosage Form

Tablets
Capsules
Injections
Syrups
Others (gummies, sprays, and powders)

by Route of Administration

Intramuscular
Subcutaneous
Oral
Nasal

by Source

Animal-based
Plant-based

by Application

Pharmaceuticals
Dietary supplements
Food and beverages.
Medications
Fortified Foods
Energy drinks
Infant formula
Cosmetic and Personal Care
Animal Feed and Nutrition

by Distribution Channel

Hospital pharmacy
Retail
Online

Key Players: the key players are

1. Mylan N.V
2. Pfizer Inc
3. Merck KGaA & Co.
4. Dr. Reddy Laboratory
5. Sanofi S.A. (France)
6. GlaxoSmithKline plc (UK)
7. Fermenta Biotech Ltd. (India)
8. NOW Foods (USA)
9. Garden of Life LLC (USA)
10. Nature Made (USA)
11. Pure Encapsulations (USA)
12. The Clorox Company (USA)
13. Daiichi Sankyo Company Limited (Japan)
14. Amway (USA)
15. DSM Nutritional Products (Netherlands)
16. Nature's Bounty Co. (USA)
17. Sundown Naturals (USA)
18. Jarrow Formulas, Inc. (USA)
19. Nordic Naturals (USA)
20. Pharmavite LLC (USA)
21. Bluebonnet Nutrition Corporation (USA)
22. Life Extension (USA)
23. Solgar Vitamin and Herb (USA)
24. Nature's Plus (USA)
25. Country Life Vitamins (USA)
26. Biotics Research Corporation (USA)

View detailed Table of Content here - https://www.maximizemarketresearch.com/market-report/vitamin-b12-market/187660/

Regional Analysis:

The study also offers a complete PESTLE analysis for each of the five regions, namely North America, Europe, Asia Pacific, the Middle East and Africa, and South America, after considering the political, economic, social, and technical elements impacting the Vitamin B12 market in these regions.

COVID-19 Impact Analysis on Vitamin B12 Market:

Customer behaviour has changed as a result of the COVID-19 epidemic in all areas of society. Industries, on the other hand, will need to revise their strategy to account for changing market supply. This report provides an overview of the COVID-19's influence on the Vitamin B12 market and will assist you in developing your business in accordance with the new industry standards.

Key Questions answered in the Vitamin B12 Market Report are:

Which product segment had the largest share in the Vitamin B12 market in 2020?
How is the competitive landscape of the Vitamin B12 market?
Which are the key factors aiding the Vitamin B12 market growth?
Which region holds the maximum share in the Vitamin B12 market?
What will be the CAGR of the Vitamin B12 market during the forecast period (2021-2027)?

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