𝐕𝐢𝐭𝐚𝐦𝐢𝐧 𝐁𝟏𝟐 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐁𝐨𝐨𝐬𝐭 𝐓𝐨 𝟐𝟎𝟑𝟑
According to the Market Statsville Group (MSG), the Global Vitamin B12 Market size was valued at USD 345.1 million in 2024 and is expected to grow from USD 356.8 million by 2025 to USD 466.2 million by 2033, at a CAGR of 3.4% during the forecast period (2025 – 2033).
The global market for Vitamin B12 shows strong growth due to rising knowledge about its health advantages as well as growing international prevalence of Vitamin B12 insufficiency. This fundamental vitamin demonstrates increased market demand across multiple applications including pharmaceuticals dietary supplements and fortified foods and beverages because it supports nerve functioning while making red blood cells and DNA. The growing popularity of meatless food choices among people who avoid Vitamin B12 in their diets drives increased demand for vitamin supplements. The market shows increasing growth because aging consumers struggle with nutrient absorption. New production technologies that combine chemical synthesis and fermentation enable better access to products in the market. The market leaders aim at product innovation combined with distribution channel expansion and diversified product portfolios to appeal to an enlarged consumer base. North America European and Asia-Pacific territories are becoming significant markets because their citizenry shows expanding health-mindfulness alongside increasing nutritional mindfulness.
Request Sample Copy of this Report: https://www.marketstatsville.com/request-sample/vitamin-b12-market-research-report?utm_source=free&utm_medium=harsh
Scope of the Global Vitamin B12 Market
The study categorizes the Vitamin B12 market based on Source, Form, Application, End-User, Distribution Channel at the regional and global levels.
By Source Outlook (Sales, USD Million, 2019-2033)
Synthetic Vitamin B12
Natural Vitamin B12 (from animal-based sources
By Form Outlook (Sales, USD Million, 2019-2033)
Tablets
Capsules
Liquids
Powders
Others (e.g., gummies, injections)
By Application Outlook (Sales, USD Million, 2019-2033)
Dietary Supplements
Pharmaceuticals
Fortified Foods and Beverages
By End-User Outlook (Sales, USD Million, 2019-2033)
Individuals with Deficiency (e.g., elderly, vegans, vegetarians)
General Consumers (health-conscious individuals)
Hospitals and Clinics
By Distribution Channel Outlook (Sales, USD Million, 2019-2033)
Online Retail
Supermarkets/Hypermarkets
Pharmacies
Health Stores
By Region Outlook (Sales, USD Million, 2019-2033)
North America
US
Canada
Mexico
Europe
Germany
Italy
France
UK
Spain
Poland
Russia
The Netherlands
Norway
Czech Republic
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Indonesia
Malaysia
Thailand
Singapore
Australia & New Zealand
Rest of Asia Pacific
South America
Brazil
Argentina
Colombia
Rest of South America
The Middle East & Africa
Saudi Arabia
UAE
South Africa
Northern Africa
Rest of MEA
Direct Purchase Report: https://www.marketstatsville.com/buy-now/vitamin-b12-market-research-report?opt=3338&utm_source=free&utm_medium=harsh
Competitive Landscape: Global Vitamin B12 Market
Major players compete within the global market for Vitamin B12 across pharmaceutical companies and supplement producers and food and beverage manufacturers engaged in fortification activities. Companies compete through their approaches to product quality together with prices and innovative products and their distribution networks. Major market players seek expansion through additional product introduction alongside effective uses of modern production technology and broadening health and wellness market opportunities.
Major players in the global Vitamin B12 market are:
Endo Pharmaceuticals Inc. (NASCOBAL)
Hebei Huarong Pharmaceutical Co., Ltd.
Jamieson Laboratories Ltd.
Bristol-Myers Squibb
NOW Health Group, Inc.
BASF SE
Ningxia Kingvit Pharmaceutical CO., LTD.
Merck KGaA
Sanofi S.A.
ZenithNutrition.com
Unived Healthcare Products Pvt. Ltd.
Jarrow Formulas, Inc.
Bayer AG
Watson Inc.
Other Major Players
According to the Market Statsville Group (MSG), the Global Vitamin B12 Market size was valued at USD 345.1 million in 2024 and is expected to grow from USD 356.8 million by 2025 to USD 466.2 million by 2033, at a CAGR of 3.4% during the forecast period (2025 – 2033).
The global market for Vitamin B12 shows strong growth due to rising knowledge about its health advantages as well as growing international prevalence of Vitamin B12 insufficiency. This fundamental vitamin demonstrates increased market demand across multiple applications including pharmaceuticals dietary supplements and fortified foods and beverages because it supports nerve functioning while making red blood cells and DNA. The growing popularity of meatless food choices among people who avoid Vitamin B12 in their diets drives increased demand for vitamin supplements. The market shows increasing growth because aging consumers struggle with nutrient absorption. New production technologies that combine chemical synthesis and fermentation enable better access to products in the market. The market leaders aim at product innovation combined with distribution channel expansion and diversified product portfolios to appeal to an enlarged consumer base. North America European and Asia-Pacific territories are becoming significant markets because their citizenry shows expanding health-mindfulness alongside increasing nutritional mindfulness.
Request Sample Copy of this Report: https://www.marketstatsville.com/request-sample/vitamin-b12-market-research-report?utm_source=free&utm_medium=harsh
Scope of the Global Vitamin B12 Market
The study categorizes the Vitamin B12 market based on Source, Form, Application, End-User, Distribution Channel at the regional and global levels.
By Source Outlook (Sales, USD Million, 2019-2033)
Synthetic Vitamin B12
Natural Vitamin B12 (from animal-based sources
By Form Outlook (Sales, USD Million, 2019-2033)
Tablets
Capsules
Liquids
Powders
Others (e.g., gummies, injections)
By Application Outlook (Sales, USD Million, 2019-2033)
Dietary Supplements
Pharmaceuticals
Fortified Foods and Beverages
By End-User Outlook (Sales, USD Million, 2019-2033)
Individuals with Deficiency (e.g., elderly, vegans, vegetarians)
General Consumers (health-conscious individuals)
Hospitals and Clinics
By Distribution Channel Outlook (Sales, USD Million, 2019-2033)
Online Retail
Supermarkets/Hypermarkets
Pharmacies
Health Stores
By Region Outlook (Sales, USD Million, 2019-2033)
North America
US
Canada
Mexico
Europe
Germany
Italy
France
UK
Spain
Poland
Russia
The Netherlands
Norway
Czech Republic
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Indonesia
Malaysia
Thailand
Singapore
Australia & New Zealand
Rest of Asia Pacific
South America
Brazil
Argentina
Colombia
Rest of South America
The Middle East & Africa
Saudi Arabia
UAE
South Africa
Northern Africa
Rest of MEA
Direct Purchase Report: https://www.marketstatsville.com/buy-now/vitamin-b12-market-research-report?opt=3338&utm_source=free&utm_medium=harsh
Competitive Landscape: Global Vitamin B12 Market
Major players compete within the global market for Vitamin B12 across pharmaceutical companies and supplement producers and food and beverage manufacturers engaged in fortification activities. Companies compete through their approaches to product quality together with prices and innovative products and their distribution networks. Major market players seek expansion through additional product introduction alongside effective uses of modern production technology and broadening health and wellness market opportunities.
Major players in the global Vitamin B12 market are:
Endo Pharmaceuticals Inc. (NASCOBAL)
Hebei Huarong Pharmaceutical Co., Ltd.
Jamieson Laboratories Ltd.
Bristol-Myers Squibb
NOW Health Group, Inc.
BASF SE
Ningxia Kingvit Pharmaceutical CO., LTD.
Merck KGaA
Sanofi S.A.
ZenithNutrition.com
Unived Healthcare Products Pvt. Ltd.
Jarrow Formulas, Inc.
Bayer AG
Watson Inc.
Other Major Players
𝐕𝐢𝐭𝐚𝐦𝐢𝐧 𝐁𝟏𝟐 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐁𝐨𝐨𝐬𝐭 𝐓𝐨 𝟐𝟎𝟑𝟑
According to the Market Statsville Group (MSG), the Global Vitamin B12 Market size was valued at USD 345.1 million in 2024 and is expected to grow from USD 356.8 million by 2025 to USD 466.2 million by 2033, at a CAGR of 3.4% during the forecast period (2025 – 2033).
The global market for Vitamin B12 shows strong growth due to rising knowledge about its health advantages as well as growing international prevalence of Vitamin B12 insufficiency. This fundamental vitamin demonstrates increased market demand across multiple applications including pharmaceuticals dietary supplements and fortified foods and beverages because it supports nerve functioning while making red blood cells and DNA. The growing popularity of meatless food choices among people who avoid Vitamin B12 in their diets drives increased demand for vitamin supplements. The market shows increasing growth because aging consumers struggle with nutrient absorption. New production technologies that combine chemical synthesis and fermentation enable better access to products in the market. The market leaders aim at product innovation combined with distribution channel expansion and diversified product portfolios to appeal to an enlarged consumer base. North America European and Asia-Pacific territories are becoming significant markets because their citizenry shows expanding health-mindfulness alongside increasing nutritional mindfulness.
Request Sample Copy of this Report: https://www.marketstatsville.com/request-sample/vitamin-b12-market-research-report?utm_source=free&utm_medium=harsh
Scope of the Global Vitamin B12 Market
The study categorizes the Vitamin B12 market based on Source, Form, Application, End-User, Distribution Channel at the regional and global levels.
By Source Outlook (Sales, USD Million, 2019-2033)
Synthetic Vitamin B12
Natural Vitamin B12 (from animal-based sources
By Form Outlook (Sales, USD Million, 2019-2033)
Tablets
Capsules
Liquids
Powders
Others (e.g., gummies, injections)
By Application Outlook (Sales, USD Million, 2019-2033)
Dietary Supplements
Pharmaceuticals
Fortified Foods and Beverages
By End-User Outlook (Sales, USD Million, 2019-2033)
Individuals with Deficiency (e.g., elderly, vegans, vegetarians)
General Consumers (health-conscious individuals)
Hospitals and Clinics
By Distribution Channel Outlook (Sales, USD Million, 2019-2033)
Online Retail
Supermarkets/Hypermarkets
Pharmacies
Health Stores
By Region Outlook (Sales, USD Million, 2019-2033)
North America
US
Canada
Mexico
Europe
Germany
Italy
France
UK
Spain
Poland
Russia
The Netherlands
Norway
Czech Republic
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Indonesia
Malaysia
Thailand
Singapore
Australia & New Zealand
Rest of Asia Pacific
South America
Brazil
Argentina
Colombia
Rest of South America
The Middle East & Africa
Saudi Arabia
UAE
South Africa
Northern Africa
Rest of MEA
Direct Purchase Report: https://www.marketstatsville.com/buy-now/vitamin-b12-market-research-report?opt=3338&utm_source=free&utm_medium=harsh
Competitive Landscape: Global Vitamin B12 Market
Major players compete within the global market for Vitamin B12 across pharmaceutical companies and supplement producers and food and beverage manufacturers engaged in fortification activities. Companies compete through their approaches to product quality together with prices and innovative products and their distribution networks. Major market players seek expansion through additional product introduction alongside effective uses of modern production technology and broadening health and wellness market opportunities.
Major players in the global Vitamin B12 market are:
Endo Pharmaceuticals Inc. (NASCOBAL)
Hebei Huarong Pharmaceutical Co., Ltd.
Jamieson Laboratories Ltd.
Bristol-Myers Squibb
NOW Health Group, Inc.
BASF SE
Ningxia Kingvit Pharmaceutical CO., LTD.
Merck KGaA
Sanofi S.A.
ZenithNutrition.com
Unived Healthcare Products Pvt. Ltd.
Jarrow Formulas, Inc.
Bayer AG
Watson Inc.
Other Major Players
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