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Vitamin B12 (Cobalamin)-Global Market Insights and Sales Trends 2024
Synopsis
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.
The global Vitamin B12 (Cobalamin) market size is expected to reach US$ 510.6 million by 2029, growing at a CAGR of 2.9% from 2023 to 2029. The market is mainly driven by the significant applications of Vitamin B12 (Cobalamin) in various end use industries. The expanding demands from the Feed Supplement, Medical Treatment, Food Additives and Others, are propelling Vitamin B12 (Cobalamin) market. Direct Fermentation, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Indirect Production segment is estimated at % CAGR for the next seven-year period.
The industry's leading manufacturers are Sanofi-Aventis, Merck and Pfizer, with a combined revenue share of 26.08% in 2019.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Vitamin B12 (Cobalamin), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Vitamin B12 (Cobalamin) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Vitamin B12 (Cobalamin) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Vitamin B12 (Cobalamin) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Vitamin B12 (Cobalamin) covered in this report include Yufeng Industry, Huarong Pharmaceutical, NCPC Victor, Kingvit and Sanofi, etc.
The global Vitamin B12 (Cobalamin) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Yufeng Industry
Huarong Pharmaceutical
NCPC Victor
Kingvit
Sanofi
Global Vitamin B12 (Cobalamin) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Vitamin B12 (Cobalamin) market, Segment by Type:
Direct Fermentation
Indirect Production
Genetic Engineering
Global Vitamin B12 (Cobalamin) market, by Application
Feed Supplement
Medical Treatment
Food Additives
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Vitamin B12 (Cobalamin) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Vitamin B12 (Cobalamin) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
The global Vitamin B12 (Cobalamin) market size is expected to reach US$ 510.6 million by 2029, growing at a CAGR of 2.9% from 2023 to 2029. The market is mainly driven by the significant applications of Vitamin B12 (Cobalamin) in various end use industries. The expanding demands from the Feed Supplement, Medical Treatment, Food Additives and Others, are propelling Vitamin B12 (Cobalamin) market. Direct Fermentation, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Indirect Production segment is estimated at % CAGR for the next seven-year period.
The industry's leading manufacturers are Sanofi-Aventis, Merck and Pfizer, with a combined revenue share of 26.08% in 2019.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Vitamin B12 (Cobalamin), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Vitamin B12 (Cobalamin) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Vitamin B12 (Cobalamin) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Vitamin B12 (Cobalamin) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Vitamin B12 (Cobalamin) covered in this report include Yufeng Industry, Huarong Pharmaceutical, NCPC Victor, Kingvit and Sanofi, etc.
The global Vitamin B12 (Cobalamin) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Yufeng Industry
Huarong Pharmaceutical
NCPC Victor
Kingvit
Sanofi
Global Vitamin B12 (Cobalamin) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Vitamin B12 (Cobalamin) market, Segment by Type:
Direct Fermentation
Indirect Production
Genetic Engineering
Global Vitamin B12 (Cobalamin) market, by Application
Feed Supplement
Medical Treatment
Food Additives
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Vitamin B12 (Cobalamin) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Vitamin B12 (Cobalamin) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Vitamin B12 (Cobalamin) Market Overview
1.1 Vitamin B12 (Cobalamin) Product Overview
1.2 Vitamin B12 (Cobalamin) Market Segment by Type
1.2.1 Direct Fermentation
1.2.2 Indirect Production
1.2.3 Genetic Engineering
1.3 Global Vitamin B12 (Cobalamin) Market Size by Type
1.3.1 Global Vitamin B12 (Cobalamin) Market Size Overview by Type (2018-2029)
1.3.2 Global Vitamin B12 (Cobalamin) Historic Market Size Review by Type (2018-2023)
1.3.3 Global Vitamin B12 (Cobalamin) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Vitamin B12 (Cobalamin) Sales Breakdown by Type (2018-2023)
1.4.2 Europe Vitamin B12 (Cobalamin) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Vitamin B12 (Cobalamin) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Vitamin B12 (Cobalamin) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Vitamin B12 (Cobalamin) Sales Breakdown by Type (2018-2023)
2 Global Vitamin B12 (Cobalamin) Market Competition by Company
2.1 Global Top Players by Vitamin B12 (Cobalamin) Sales (2018-2023)
2.2 Global Top Players by Vitamin B12 (Cobalamin) Revenue (2018-2023)
2.3 Global Top Players by Vitamin B12 (Cobalamin) Price (2018-2023)
2.4 Global Top Manufacturers Vitamin B12 (Cobalamin) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Vitamin B12 (Cobalamin) Market Competitive Situation and Trends
2.5.1 Vitamin B12 (Cobalamin) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Vitamin B12 (Cobalamin) Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Vitamin B12 (Cobalamin) as of 2022)
2.7 Date of Key Manufacturers Enter into Vitamin B12 (Cobalamin) Market
2.8 Key Manufacturers Vitamin B12 (Cobalamin) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Vitamin B12 (Cobalamin) Status and Outlook by Region
3.1 Global Vitamin B12 (Cobalamin) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Vitamin B12 (Cobalamin) Historic Market Size by Region
3.2.1 Global Vitamin B12 (Cobalamin) Sales in Volume by Region (2018-2023)
3.2.2 Global Vitamin B12 (Cobalamin) Sales in Value by Region (2018-2023)
3.2.3 Global Vitamin B12 (Cobalamin) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Vitamin B12 (Cobalamin) Forecasted Market Size by Region
3.3.1 Global Vitamin B12 (Cobalamin) Sales in Volume by Region (2024-2029)
3.3.2 Global Vitamin B12 (Cobalamin) Sales in Value by Region (2024-2029)
3.3.3 Global Vitamin B12 (Cobalamin) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Vitamin B12 (Cobalamin) by Application
4.1 Vitamin B12 (Cobalamin) Market Segment by Application
4.1.1 Feed Supplement
4.1.2 Medical Treatment
4.1.3 Food Additives
4.1.4 Others
4.2 Global Vitamin B12 (Cobalamin) Market Size by Application
4.2.1 Global Vitamin B12 (Cobalamin) Market Size Overview by Application (2018-2029)
4.2.2 Global Vitamin B12 (Cobalamin) Historic Market Size Review by Application (2018-2023)
4.2.3 Global Vitamin B12 (Cobalamin) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Vitamin B12 (Cobalamin) Sales Breakdown by Application (2018-2023)
4.3.2 Europe Vitamin B12 (Cobalamin) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Vitamin B12 (Cobalamin) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Vitamin B12 (Cobalamin) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Vitamin B12 (Cobalamin) Sales Breakdown by Application (2018-2023)
5 North America Vitamin B12 (Cobalamin) by Country
5.1 North America Vitamin B12 (Cobalamin) Historic Market Size by Country
5.1.1 North America Vitamin B12 (Cobalamin) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Vitamin B12 (Cobalamin) Sales in Volume by Country (2018-2023)
5.1.3 North America Vitamin B12 (Cobalamin) Sales in Value by Country (2018-2023)
5.2 North America Vitamin B12 (Cobalamin) Forecasted Market Size by Country
5.2.1 North America Vitamin B12 (Cobalamin) Sales in Volume by Country (2024-2029)
5.2.2 North America Vitamin B12 (Cobalamin) Sales in Value by Country (2024-2029)
6 Europe Vitamin B12 (Cobalamin) by Country
6.1 Europe Vitamin B12 (Cobalamin) Historic Market Size by Country
6.1.1 Europe Vitamin B12 (Cobalamin) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Vitamin B12 (Cobalamin) Sales in Volume by Country (2018-2023)
6.1.3 Europe Vitamin B12 (Cobalamin) Sales in Value by Country (2018-2023)
6.2 Europe Vitamin B12 (Cobalamin) Forecasted Market Size by Country
6.2.1 Europe Vitamin B12 (Cobalamin) Sales in Volume by Country (2024-2029)
6.2.2 Europe Vitamin B12 (Cobalamin) Sales in Value by Country (2024-2029)
7 Asia-Pacific Vitamin B12 (Cobalamin) by Region
7.1 Asia-Pacific Vitamin B12 (Cobalamin) Historic Market Size by Region
7.1.1 Asia-Pacific Vitamin B12 (Cobalamin) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Vitamin B12 (Cobalamin) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Vitamin B12 (Cobalamin) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Vitamin B12 (Cobalamin) Forecasted Market Size by Region
7.2.1 Asia-Pacific Vitamin B12 (Cobalamin) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Vitamin B12 (Cobalamin) Sales in Value by Region (2024-2029)
8 Latin America Vitamin B12 (Cobalamin) by Country
8.1 Latin America Vitamin B12 (Cobalamin) Historic Market Size by Country
8.1.1 Latin America Vitamin B12 (Cobalamin) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Vitamin B12 (Cobalamin) Sales in Volume by Country (2018-2023)
8.1.3 Latin America Vitamin B12 (Cobalamin) Sales in Value by Country (2018-2023)
8.2 Latin America Vitamin B12 (Cobalamin) Forecasted Market Size by Country
8.2.1 Latin America Vitamin B12 (Cobalamin) Sales in Volume by Country (2024-2029)
8.2.2 Latin America Vitamin B12 (Cobalamin) Sales in Value by Country (2024-2029)
9 Middle East and Africa Vitamin B12 (Cobalamin) by Country
9.1 Middle East and Africa Vitamin B12 (Cobalamin) Historic Market Size by Country
9.1.1 Middle East and Africa Vitamin B12 (Cobalamin) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Vitamin B12 (Cobalamin) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Vitamin B12 (Cobalamin) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Vitamin B12 (Cobalamin) Forecasted Market Size by Country
9.2.1 Middle East and Africa Vitamin B12 (Cobalamin) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Vitamin B12 (Cobalamin) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Yufeng Industry
10.1.1 Yufeng Industry Company Information
10.1.2 Yufeng Industry Introduction and Business Overview
10.1.3 Yufeng Industry Vitamin B12 (Cobalamin) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Yufeng Industry Vitamin B12 (Cobalamin) Products Offered
10.1.5 Yufeng Industry Recent Development
10.2 Huarong Pharmaceutical
10.2.1 Huarong Pharmaceutical Company Information
10.2.2 Huarong Pharmaceutical Introduction and Business Overview
10.2.3 Huarong Pharmaceutical Vitamin B12 (Cobalamin) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Huarong Pharmaceutical Vitamin B12 (Cobalamin) Products Offered
10.2.5 Huarong Pharmaceutical Recent Development
10.3 NCPC Victor
10.3.1 NCPC Victor Company Information
10.3.2 NCPC Victor Introduction and Business Overview
10.3.3 NCPC Victor Vitamin B12 (Cobalamin) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 NCPC Victor Vitamin B12 (Cobalamin) Products Offered
10.3.5 NCPC Victor Recent Development
10.4 Kingvit
10.4.1 Kingvit Company Information
10.4.2 Kingvit Introduction and Business Overview
10.4.3 Kingvit Vitamin B12 (Cobalamin) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Kingvit Vitamin B12 (Cobalamin) Products Offered
10.4.5 Kingvit Recent Development
10.5 Sanofi
10.5.1 Sanofi Company Information
10.5.2 Sanofi Introduction and Business Overview
10.5.3 Sanofi Vitamin B12 (Cobalamin) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Sanofi Vitamin B12 (Cobalamin) Products Offered
10.5.5 Sanofi Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Vitamin B12 (Cobalamin) Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Vitamin B12 (Cobalamin) Industrial Chain Analysis
11.4 Vitamin B12 (Cobalamin) Market Dynamics
11.4.1 Vitamin B12 (Cobalamin) Industry Trends
11.4.2 Vitamin B12 (Cobalamin) Market Drivers
11.4.3 Vitamin B12 (Cobalamin) Market Challenges
11.4.4 Vitamin B12 (Cobalamin) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Vitamin B12 (Cobalamin) Distributors
12.3 Vitamin B12 (Cobalamin) Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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