The global vitamin B market size was USD 800 Billion in 2022 and is expected to register a rapid revenue CAGR of 5.3% during the forecast period. Rising awareness among individuals regarding health is the primary factor driving market revenue growth. Adequate vitamin B levels in the body are required for proper physiological and neurological function. Vitamin B is a set of eight water-soluble vitamins namely thiamine (B1), riboflavin (B2), niacin (B3, pantothenic acid (B5), pyridoxine (B6), biotin (B7), colic acid (B9) and cobalamin (B12). Each is essential for the proper functioning of human body.
The report studies the factors influencing the growth of the industry in the global market and offers accurate predictions about the growth pattern. The report pays special attention to the key elements of the market, such as drivers, restraints, opportunities, threats, risks, limitations, and other aspects. The report covers a comprehensive analysis of the competitive landscape with a detailed analysis of the company profiles, product portfolio, and business expansion strategies.
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The leading market contenders listed in the report are:
Nature's Bounty, Sanofi, Country Life, LLC, Mason Vitamins, Solgar Inc., NOW Foods, Nature's Truth, Pharmavite, The Synergy Company, BASF SE, Glanbia plc, Amway, Atlantic Essentials Products, INC, Adisseo, Kirkman, DuPont, Bluebonnet Nutrition, AIE Pharmaceuticals, Inc., DSM, and ADM
The research study examines historic data from 2018 and 2020 to draw forecasts until 2030. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
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Market Overview:
The report bifurcates the Vitamin B market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
Type Outlook (Revenue, USD Billion; 2019–2032)
- Vitamin B12
- Vitamin B1
- Vitamin B2
- Vitamin B3
- Vitamin B5
- Vitamin B6
- Vitamin B7
- Vitamin B9
- Others
Form Outlook (Revenue, USD Billion; 2019–2032)
- Tablets & Capsules
- Liquids
- Powder
- Gummies
- Soft gels
- Injectable
- Topical Creams and Lotions
Source Outlook (Revenue, USD Billion; 2019–2032)
- Synthetic/Vitamin B Supplements
- Natural Sources
- Fortified Foods
The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.
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Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key reasons to buy the Global Vitamin B Market report:
- The latest report comprehensively studies the global Vitamin B market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products & services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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