Global and China Vitamin B12 (Cobalamin) Dynamic Monitoring and Future Investment Report 2023
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The report aims at estimating the market size and future growth potential of Vitamin B12 (Cobalamin) market across different segments such as type, application and geography. The base year considered for the study is 2022, and the market size is forecast from 2023 to 2029.
The global Vitamin B12 (Cobalamin) market size in 2022 is XX million US dollars, and it is expected to be 510.0 million US dollars by 2029, with a compound annual growth rate of 7.20% expected in 2023-2029.
Competitive Landscape Analysis:
The main players in the Vitamin B12 (Cobalamin) market include DSM (Netherlands), BASF SE (Germany), Lonza Group (Switzerland), Glanbia plc (Ireland), and ADM (U.S.). The share of the top 3 players in the Vitamin B12 (Cobalamin) market is XX%.
REGION SHARE:
The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for XX%, Europe accounted for XX% of Vitamin B12 (Cobalamin) market, and Asia Pacific accounted for XX%.
Segmental Analysis
The report segments the market by Type and Application. Food Grade accounted for XX% of Vitamin B12 (Cobalamin) market in 2022. Pharmaceutical Grade share of XX%.
Food Industry accounted for XX% of the Vitamin B12 (Cobalamin) market in 2022. Nutraceuticals accounts for XX%.
The research methodology used to estimate and forecast the Vitamin B12 (Cobalamin) market begins by capturing data on key market player revenues through secondary research. The bottom-up procedure has been employed to arrive at the overall market size, by considering the revenue of key players in the market. After arriving at the overall market size, the total market has been split into several segments and sub-segments, which has been verified through primary research by conducting extensive interviews with key people such as industry experts, executives. This data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for segments and sub-segments.
This report provides the integrated ecosystem of the Vitamin B12 (Cobalamin) market which offers holistic view of current demand and vendor side market. The research study answers several significant questions, primarily which market segments to focus on in next two to five years to prioritize factors such as resource effort, and investment.
Key Target audience:
Vitamin B12 (Cobalamin) Manufacturers and Suppliers
Research and Development (R&D) Companies
Business Research and Consulting Service Providers
Research Organizations
Academic Centers and Universities Associations and Industrial Bodies
Technology Investors
With the development of the economy, the improvement of residents' consumption level and the upgrade of consumption structure, the food and beverage industry as a whole has shown a good growth trend. In the future, the production capacity will continue to expand, and the industrial structure will be further improved and optimized.
E-Commerce Growth: The growth of e-commerce has significantly impacted the food and beverage industry. Online grocery shopping and food delivery services have witnessed tremendous growth, especially during the COVID-19 pandemic. Companies have been investing in online platforms and expanding their digital presence to cater to changing consumer preferences.
Clean label and transparency: Consumers are increasingly seeking transparency in food products. Clean label initiatives emphasize the use of natural ingredients, removal of artificial additives, and clear and accurate labeling to provide consumers with more information about the food they consume.
Segmental Analysis
North America
United States
Canada
China
Asia Pacific (Excluding China)
Japan
Korea
Southeast Asia
India
Australia
EMEA
Europe
Germany
France
UK
Italy
Russia
Nordic
Middle East
Africa
Latin America
Brazil
Argentina
Mexico
Some of the Top Market Players Covered Are:
DSM (Netherlands)
BASF SE (Germany)
Lonza Group (Switzerland)
Glanbia plc (Ireland)
ADM (U.S.)
Farbest Brands (U.S.)
SternVitamin GmbH & Co. KG (Schleswig-Holstein)
Adisseo (France)
BTSA Biotechnologias Aplicadas S.L. (Spain)
Rabar Pty Ltd (Australia)
Cargill, Incorporated (U.S.)
Market outlook by product/service type:
Food Grade
Pharmaceutical Grade
Market outlook by Application :
Food Industry
Nutraceuticals
Pharmaceutical
Dietary Supplements
Table of Content
1 Vitamin B12 (Cobalamin) Market Introduction and Overview
1.1 Vitamin B12 (Cobalamin) Definition
1.2 Research Purposes
1.3 Currency Rate
1.4 Report Timeline
1.5 Economic Analysis of Global Regions
1.6 Inflation Analysis
2 Vitamin B12 (Cobalamin) Business Cost Analysis
2.1 Proportion of Manufacturing Cost Structure
2.1.1 Labor Cost
2.1.2 Operating Expenses
2.2 Vitamin B12 (Cobalamin) Industrial Chain Analysis
3 Market Competition by Manufacturers
3.1 Global Vitamin B12 (Cobalamin) Revenue and Market Share by Manufacturer
3.2 Manufacturers Vitamin B12 (Cobalamin) Production Sites, Area Served, Product Types
3.3 Vitamin B12 (Cobalamin) Market Competitive Situation and Trends
3.3.1 Vitamin B12 (Cobalamin) Market Concentration Rate
3.3.2 Global Top 5 and Top 10 Players Market Share by Revenue in 2023
3.3.3 Mergers & Acquisitions, Expansion
4 Players Profiles
4.1 DSM (Netherlands)
4.1.1 DSM (Netherlands) Company Profile
4.1.2 Vitamin B12 (Cobalamin) Product Overview
4.1.3 DSM (Netherlands) Vitamin B12 (Cobalamin) Market Performance (2018-2023)
4.1.4 DSM (Netherlands) Business Overview
4.2 BASF SE (Germany)
4.2.1 BASF SE (Germany) Company Profile
4.2.2 Vitamin B12 (Cobalamin) Product Overview
4.2.3 BASF SE (Germany) Vitamin B12 (Cobalamin) Market Performance (2018-2023)
4.2.4 BASF SE (Germany) Business Overview
4.3 Lonza Group (Switzerland)
4.3.1 Lonza Group (Switzerland) Company Profile
4.3.2 Vitamin B12 (Cobalamin) Product Overview
4.3.3 Lonza Group (Switzerland) Vitamin B12 (Cobalamin) Market Performance (2018-2023)
4.3.4 Lonza Group (Switzerland) Business Overview
4.4 Glanbia plc (Ireland)
4.4.1 Glanbia plc (Ireland) Company Profile
4.4.2 Vitamin B12 (Cobalamin) Product Overview
4.4.3 Glanbia plc (Ireland) Vitamin B12 (Cobalamin) Market Performance (2018-2023)
4.4.4 Glanbia plc (Ireland) Business Overview
4.5 ADM (U.S.)
4.5.1 ADM (U.S.) Company Profile
4.5.2 Vitamin B12 (Cobalamin) Product Overview
4.5.3 ADM (U.S.) Vitamin B12 (Cobalamin) Market Performance (2018-2023)
4.5.4 ADM (U.S.) Business Overview
4.6 Farbest Brands (U.S.)
4.6.1 Farbest Brands (U.S.) Company Profile
4.6.2 Vitamin B12 (Cobalamin) Product Overview
4.6.3 Farbest Brands (U.S.) Vitamin B12 (Cobalamin) Market Performance (2018-2023)
4.6.4 Farbest Brands (U.S.) Business Overview
4.7 SternVitamin GmbH & Co. KG (Schleswig-Holstein)
4.7.1 SternVitamin GmbH & Co. KG (Schleswig-Holstein) Company Profile
4.7.2 Vitamin B12 (Cobalamin) Product Overview
4.7.3 SternVitamin GmbH & Co. KG (Schleswig-Holstein) Vitamin B12 (Cobalamin) Market Performance (2018-2023)
4.7.4 SternVitamin GmbH & Co. KG (Schleswig-Holstein) Business Overview
4.8 Adisseo (France)
4.8.1 Adisseo (France) Company Profile
4.8.2 Vitamin B12 (Cobalamin) Product Overview
4.8.3 Adisseo (France) Vitamin B12 (Cobalamin) Market Performance (2018-2023)
4.8.4 Adisseo (France) Business Overview
4.9 BTSA Biotechnologias Aplicadas S.L. (Spain)
4.9.1 BTSA Biotechnologias Aplicadas S.L. (Spain) Company Profile
4.9.2 Vitamin B12 (Cobalamin) Product Overview
4.9.3 BTSA Biotechnologias Aplicadas S.L. (Spain) Vitamin B12 (Cobalamin) Market Performance (2018-2023)
4.9.4 BTSA Biotechnologias Aplicadas S.L. (Spain) Business Overview
4.10 Rabar Pty Ltd (Australia)
4.10.1 Rabar Pty Ltd (Australia) Company Profile
4.10.2 Vitamin B12 (Cobalamin) Product Overview
4.10.3 Rabar Pty Ltd (Australia) Vitamin B12 (Cobalamin) Market Performance (2018-2023)
4.10.4 Rabar Pty Ltd (Australia) Business Overview
4.11 Cargill, Incorporated (U.S.)
4.11.1 Cargill, Incorporated (U.S.) Company Profile
4.11.2 Vitamin B12 (Cobalamin) Product Overview
4.11.3 Cargill, Incorporated (U.S.) Vitamin B12 (Cobalamin) Market Performance (2018-2023)
4.11.4 Cargill, Incorporated (U.S.) Business Overview
5 Global Vitamin B12 (Cobalamin) Historical and Forecast Market Analysis by Type
5.1 Market Size Analysis by Types
5.2 Global Vitamin B12 (Cobalamin) Revenue and Market Share by Type
5.3 Global Vitamin B12 (Cobalamin) Revenue Market Forecast by Type (2023-2029)
6 Global Vitamin B12 (Cobalamin) Historical and Forecast Market Analysis by Application
6.1 Market Size Analysis by Application
6.2 Global Vitamin B12 (Cobalamin) Revenue Market Share by Application (2018-2023)
6.3 Vitamin B12 (Cobalamin) Revenue Market Forecast by Application (2023-2029)
7 Global Market Growth Trends Analysis
7.1 Global Vitamin B12 (Cobalamin) Market Size & Forecast (2018-2029)
7.2 Vitamin B12 (Cobalamin) Growth Trends Analysis by Regions
7.2.1 Vitamin B12 (Cobalamin) Market Size by Regions: 2018 VS 2023 VS 2029
7.2.2 Vitamin B12 (Cobalamin) Historic Revenue Market Size by Regions (2018-2023)
7.2.3 Vitamin B12 (Cobalamin) Forecasted Revenue Market Size by Regions (2023-2029)
7.2.4 North America Vitamin B12 (Cobalamin) Market Size & Forecast (2018-2029)
7.2.5 EMEA Vitamin B12 (Cobalamin) Market Size & Forecast (2018-2029)
7.2.6 China Vitamin B12 (Cobalamin) Market Size & Forecast (2018-2029)
7.2.7 Asia-Pacific (Excluding China) Vitamin B12 (Cobalamin) Market Size & Forecast (2018-2029)
7.2.8 Latin America Vitamin B12 (Cobalamin) Market Size & Forecast (2018-2029)
8 North America
8.1 North America Vitamin B12 (Cobalamin) Revenue by Players
8.2 North America Vitamin B12 (Cobalamin) Revenue by Types
8.3 North America Vitamin B12 (Cobalamin) Revenue by Applications
8.4 North America Vitamin B12 (Cobalamin) Market by Countries
8.4.1 North America Vitamin B12 (Cobalamin) Revenue by Countries (2018-2029)
8.5 North America SWOT Analysis
8.6 United States
8.7 Canada
9 China
9.1 China Vitamin B12 (Cobalamin) Revenue by Players
9.2 China Vitamin B12 (Cobalamin) Revenue by Types
9.3 China Vitamin B12 (Cobalamin) Revenue by Applications
9.4 China SWOT Analysis
9.5 China
10 Asia Pacific (Excluding China)
10.1 Asia Pacific Vitamin B12 (Cobalamin) Revenue by Players
10.2 Asia Pacific Vitamin B12 (Cobalamin) Revenue by Types
10.3 Asia Pacific Vitamin B12 (Cobalamin) Revenue by Applications
10.4 Asia Pacific Vitamin B12 (Cobalamin) Market by Countries
10.4.1 Asia Pacific Vitamin B12 (Cobalamin) Revenue by Countries (2018-2029)
10.5 Asia Pacific SWOT Analysis
10.6 Japan
10.7 Korea
10.8 Southeast Asia
10.9 India
10.10 Australia
11 EMEA
11.1 EMEA Vitamin B12 (Cobalamin) Revenue by Players
11.2 EMEA Vitamin B12 (Cobalamin) Revenue by Types
11.3 EMEA Vitamin B12 (Cobalamin) Revenue by Applications
11.4 EMEA Vitamin B12 (Cobalamin) Market by Countries
11.4.1 EMEA Vitamin B12 (Cobalamin) Revenue by Countries (2018-2029)
11.5 EMEA SWOT Analysis
11.6 Europe
11.6.1 Europe Vitamin B12 (Cobalamin) Revenue by Countries (2018-2029)
11.6.2 Germany
11.6.3 France
11.6.4 UK
11.6.5 Italy
11.6.6 Russia
11.6.7 Nordic
11.7 Middle East
11.8 Africa
12 Latin America
12.1 Latin America Vitamin B12 (Cobalamin) Revenue by Players
12.2 Latin America Vitamin B12 (Cobalamin) Revenue by Types
12.3 Latin America Vitamin B12 (Cobalamin) Revenue by Applications
12.4 Latin America Vitamin B12 (Cobalamin) Market by Countries
12.4.1 Latin America Vitamin B12 (Cobalamin) Revenue by Countries (2018-2029)
12.5 Latin America SWOT Analysis
12.6 Brazil
12.7 Argentina
12.8 Mexico
13 Vitamin B12 (Cobalamin) Industry Dynamic Analysis
13.1 Vitamin B12 (Cobalamin) Market Trends Analysis
13.2 Vitamin B12 (Cobalamin) Market Drivers Analysis
13.3 Vitamin B12 (Cobalamin) Market Challenges Analysis
13.4 Vitamin B12 (Cobalamin) Market Restraints Analysis
14 Research Findings and Conclusion
Research Methodology:
Vitamin B12 (Cobalamin) Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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