PUBLISHER: QYResearch | PRODUCT CODE: 1873374
PUBLISHER: QYResearch | PRODUCT CODE: 1873374
The global market for Vitamin B12 (Cobalamin, Cyanocobalamin) was estimated to be worth US$ 441 million in 2024 and is forecast to a readjusted size of US$ 537 million by 2031 with a CAGR of 2.9% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Vitamin B12 (Cobalamin, Cyanocobalamin) cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
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 Vitamin B12 market is driven by growing consumer awareness about health, nutrition, and the importance of addressing deficiencies linked to modern diets and lifestyles. Vitamin B12 plays a crucial role in nerve function, red blood cell formation, and DNA synthesis, making it essential for overall well-being. Demand is increasing not only from the general health-conscious population but also from specific groups such as vegans, vegetarians, and the elderly, who are more prone to B12 deficiency. This has led to a rise in the development and consumption of B12-fortified foods, dietary supplements, and pharmaceutical formulations across global markets.
On the supply side, the market includes various forms of Vitamin B12, such as cyanocobalamin and methylcobalamin, produced through synthetic and fermentation-based processes. Manufacturers are investing in more efficient and sustainable production technologies, while also navigating regulatory frameworks that differ by region. The growing penetration of e-commerce and direct-to-consumer brands is also reshaping distribution channels, allowing for wider and more convenient access to B12 products. As public health initiatives continue to highlight the importance of micronutrient supplementation, the Vitamin B12 market is expected to remain dynamic and innovation-driven.
This report aims to provide a comprehensive presentation of the global market for Vitamin B12 (Cobalamin, Cyanocobalamin), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Vitamin B12 (Cobalamin, Cyanocobalamin) by region & country, by Type, and by Application.
The Vitamin B12 (Cobalamin, Cyanocobalamin) market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 (Cobalamin, Cyanocobalamin).
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Vitamin B12 (Cobalamin, Cyanocobalamin) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Vitamin B12 (Cobalamin, Cyanocobalamin) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Vitamin B12 (Cobalamin, Cyanocobalamin) in country level. It provides sigmate data by Type, and by Application for each country/region.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.