2020-2025 Global Vitamin B12 Market Report - Production and Consumption Professional Analysis (Impact of COVID-19)
2020-2025 Global Vitamin B12 Market Report - Production and Consumption Professional Analysis (Impact of COVID-19)
Discover the latest insights into the booming Vitamin B12 Market. This report analyzes market size, growth trends (CAGR ), key players, and regional performance, offering valuable data for investors and industry professionals. Explore market drivers, restraints, and future projections for -.
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Vitamin B12, also called cobalamin, is a water-soluble vitamin that is involved in the metabolism of every cell of the human body: it is a cofactor in DNA synthesis, and in both fatty acid and amino acid metabolism. It is particularly important in the normal functioning of the nervous system via its role in the synthesis of myelin, and in the maturation of developing red blood cells in the bone marrow.
This report elaborates the market size, market characteristics, and market growth of the Vitamin B12 industry, and breaks down according to the type, application, and consumption area of Vitamin B12. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
In Chapter 3.4 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Vitamin B12 in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
In addition, chapters 8-12 consider the impact of COVID-19 on the regional economy.
Key players in the global Vitamin B12 market covered in Chapter 13:
Hebei Yufeng Group
NCPC VICTOR
BASF Nutrition
Sanofi
Ningxia Kingvit Pharmaceutical
Hebei Huarong Pharmaceutical
Hebei Yuxing Bio-Engineering Co. Ltd
Chempure
Hebei Huarong Pharmaceutical
In Chapter 6, on the basis of types, the Vitamin B12 market from 2015 to 2025 is primarily split into:
98% Vitamin B12
2% Vitamin B12
1% Vitamin B12
Others
In Chapter 7, on the basis of applications, the Vitamin B12 market from 2015 to 2025 covers:
Food Industry
Feed Industry
Others
Geographically, the detailed analysis of production, trade of the following countries is covered in Chapter 4.2, 5:
United States
Europe
China
Japan
India
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 8, 9, 10, 11, 12:
North America (Covered in Chapter 8)
United States
Canada
Mexico
Europe (Covered in Chapter 9)
Germany
UK
France
Italy
Spain
Others
Asia-Pacific (Covered in Chapter 10)
China
Japan
India
South Korea
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 11)
Saudi Arabia
UAE
South Africa
Others
South America (Covered in Chapter 12)
Brazil
Others
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025
Table of Content
1 Vitamin B12 Market - Research Scope
1.1 Study Goals
1.2 Market Definition and Scope
1.3 Key Market Segments
1.4 Study and Forecasting Years
2 Vitamin B12 Market - Research Methodology
2.1 Methodology
2.2 Research Data Source
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.3 Market Size Estimation
2.2.4 Legal Disclaimer
3 Vitamin B12 Market Forces
3.1 Global Vitamin B12 Market Size
3.2 Top Impacting Factors (PESTEL Analysis)
3.2.1 Political Factors
3.2.2 Economic Factors
3.2.3 Social Factors
3.2.4 Technological Factors
3.2.5 Environmental Factors
3.2.6 Legal Factors
3.3 Industry Trend Analysis
3.4 Industry Trends Under COVID-19
3.4.1 Risk Assessment on COVID-19
3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
3.5 Industry Risk Assessment
4 Vitamin B12 Market - By Geography
4.1 Global Vitamin B12 Market Value and Market Share by Regions
4.1.1 Global Vitamin B12 Value ($) by Region (2015-2020)
4.1.2 Global Vitamin B12 Value Market Share by Regions (2015-2020)
4.2 Global Vitamin B12 Market Production and Market Share by Major Countries
4.2.1 Global Vitamin B12 Production by Major Countries (2015-2020)
4.2.2 Global Vitamin B12 Production Market Share by Major Countries (2015-2020)
4.3 Global Vitamin B12 Market Consumption and Market Share by Regions
4.3.1 Global Vitamin B12 Consumption by Regions (2015-2020)
4.3.2 Global Vitamin B12 Consumption Market Share by Regions (2015-2020)
5 Vitamin B12 Market - By Trade Statistics
5.1 Global Vitamin B12 Export and Import
5.2 United States Vitamin B12 Export and Import (2015-2020)
5.3 Europe Vitamin B12 Export and Import (2015-2020)
5.4 China Vitamin B12 Export and Import (2015-2020)
5.5 Japan Vitamin B12 Export and Import (2015-2020)
5.6 India Vitamin B12 Export and Import (2015-2020)
5.7
6 Vitamin B12 Market - By Type
6.1 Global Vitamin B12 Production and Market Share by Types (2015-2020)
6.1.1 Global Vitamin B12 Production by Types (2015-2020)
6.1.2 Global Vitamin B12 Production Market Share by Types (2015-2020)
6.2 Global Vitamin B12 Value and Market Share by Types (2015-2020)
6.2.1 Global Vitamin B12 Value by Types (2015-2020)
6.2.2 Global Vitamin B12 Value Market Share by Types (2015-2020)
6.3 Global Vitamin B12 Production, Price and Growth Rate of 98% Vitamin B12 (2015-2020)
6.4 Global Vitamin B12 Production, Price and Growth Rate of 2% Vitamin B12 (2015-2020)
6.5 Global Vitamin B12 Production, Price and Growth Rate of 1% Vitamin B12 (2015-2020)
6.6 Global Vitamin B12 Production, Price and Growth Rate of Others (2015-2020)
7 Vitamin B12 Market - By Application
7.1 Global Vitamin B12 Consumption and Market Share by Applications (2015-2020)
7.1.1 Global Vitamin B12 Consumption by Applications (2015-2020)
7.1.2 Global Vitamin B12 Consumption Market Share by Applications (2015-2020)
7.2 Global Vitamin B12 Consumption and Growth Rate of Food Industry (2015-2020)
7.3 Global Vitamin B12 Consumption and Growth Rate of Feed Industry (2015-2020)
7.4 Global Vitamin B12 Consumption and Growth Rate of Others (2015-2020)
8 North America Vitamin B12 Market
8.1 North America Vitamin B12 Market Size
8.2 United States Vitamin B12 Market Size
8.3 Canada Vitamin B12 Market Size
8.4 Mexico Vitamin B12 Market Size
8.5 The Influence of COVID-19 on North America Market
9 Europe Vitamin B12 Market Analysis
9.1 Europe Vitamin B12 Market Size
9.2 Germany Vitamin B12 Market Size
9.3 United Kingdom Vitamin B12 Market Size
9.4 France Vitamin B12 Market Size
9.5 Italy Vitamin B12 Market Size
9.6 Spain Vitamin B12 Market Size
9.7 The Influence of COVID-19 on Europe Market
10 Asia-Pacific Vitamin B12 Market Analysis
10.1 Asia-Pacific Vitamin B12 Market Size
10.2 China Vitamin B12 Market Size
10.3 Japan Vitamin B12 Market Size
10.4 South Korea Vitamin B12 Market Size
10.5 Southeast Asia Vitamin B12 Market Size
10.6 India Vitamin B12 Market Size
10.7 The Influence of COVID-19 on Asia Pacific Market
11 Middle East and Africa Vitamin B12 Market Analysis
11.1 Middle East and Africa Vitamin B12 Market Size
11.2 Saudi Arabia Vitamin B12 Market Size
11.3 UAE Vitamin B12 Market Size
11.4 South Africa Vitamin B12 Market Size
11.5 The Influence of COVID-19 on Middle East and Africa Market
12 South America Vitamin B12 Market Analysis
12.1 South America Vitamin B12 Market Size
12.2 Brazil Vitamin B12 Market Size
12.3 The Influence of COVID-19 on South America Market
13 Company Profiles
13.1 Hebei Yufeng Group
13.1.1 Hebei Yufeng Group Basic Information
13.1.2 Hebei Yufeng Group Product Profiles, Application and Specification
13.1.3 Hebei Yufeng Group Vitamin B12 Market Performance (2015-2020)
13.2 NCPC VICTOR
13.2.1 NCPC VICTOR Basic Information
13.2.2 NCPC VICTOR Product Profiles, Application and Specification
13.2.3 NCPC VICTOR Vitamin B12 Market Performance (2015-2020)
13.3 BASF Nutrition
13.3.1 BASF Nutrition Basic Information
13.3.2 BASF Nutrition Product Profiles, Application and Specification
13.3.3 BASF Nutrition Vitamin B12 Market Performance (2015-2020)
13.4 Sanofi
13.4.1 Sanofi Basic Information
13.4.2 Sanofi Product Profiles, Application and Specification
13.4.3 Sanofi Vitamin B12 Market Performance (2015-2020)
13.5 Ningxia Kingvit Pharmaceutical
13.5.1 Ningxia Kingvit Pharmaceutical Basic Information
13.5.2 Ningxia Kingvit Pharmaceutical Product Profiles, Application and Specification
13.5.3 Ningxia Kingvit Pharmaceutical Vitamin B12 Market Performance (2015-2020)
13.6 Hebei Huarong Pharmaceutical
13.6.1 Hebei Huarong Pharmaceutical Basic Information
13.6.2 Hebei Huarong Pharmaceutical Product Profiles, Application and Specification
13.6.3 Hebei Huarong Pharmaceutical Vitamin B12 Market Performance (2015-2020)
13.7 Hebei Yuxing Bio-Engineering Co. Ltd
13.7.1 Hebei Yuxing Bio-Engineering Co. Ltd Basic Information
13.7.2 Hebei Yuxing Bio-Engineering Co. Ltd Product Profiles, Application and Specification
13.7.3 Hebei Yuxing Bio-Engineering Co. Ltd Vitamin B12 Market Performance (2015-2020)
13.8 Chempure
13.8.1 Chempure Basic Information
13.8.2 Chempure Product Profiles, Application and Specification
13.8.3 Chempure Vitamin B12 Market Performance (2015-2020)
13.9 Hebei Huarong Pharmaceutical
13.9.1 Hebei Huarong Pharmaceutical Basic Information
13.9.2 Hebei Huarong Pharmaceutical Product Profiles, Application and Specification
13.9.3 Hebei Huarong Pharmaceutical Vitamin B12 Market Performance (2015-2020)
14 Market Forecast - By Regions
14.1 North America Vitamin B12 Market Forecast (2020-2025)
14.2 Europe Vitamin B12 Market Forecast (2020-2025)
14.3 Asia-Pacific Vitamin B12 Market Forecast (2020-2025)
14.4 Middle East and Africa Vitamin B12 Market Forecast (2020-2025)
14.5 South America Vitamin B12 Market Forecast (2020-2025)
15 Market Forecast - By Type and Applications
15.1 Global Vitamin B12 Market Forecast by Types (2020-2025)
15.1.1 Global Vitamin B12 Market Forecast Production and Market Share by Types (2020-2025)
15.1.2 Global Vitamin B12 Market Forecast Value and Market Share by Types (2020-2025)
15.2 Global Vitamin B12 Market Forecast by Applications (2020-2025)
List of Tables and Figures
Figure Vitamin B12 Picture
Table Vitamin B12 Key Market Segments
Figure Study and Forecasting Years
Figure Global Vitamin B12 Market Size and Growth Rate 2015-2025
Figure Industry PESTEL Analysis
Figure Global COVID-19 Status
Figure Market Size Forecast Comparison of Pre COVID-19 and Post COVID-19
Figure Global Vitamin B12 Value ($) and Growth Rate (2015-2020)
Table Global Vitamin B12 Value ($) by Countries (2015-2020)
Table Global Vitamin B12 Value Market Share by Regions (2015-2020)
Figure Global Vitamin B12 Value Market Share by Regions in 2019
Figure Global Vitamin B12 Production and Growth Rate (2015-2020)
Table Global Vitamin B12 Production by Major Countries (2015-2020)
Table Global Vitamin B12 Production Market Share by Major Countries (2015-2020)
Figure Global Vitamin B12 Production Market Share by Regions in 2019
Figure Global Vitamin B12 Consumption and Growth Rate (2015-2020)
Table Global Vitamin B12 Consumption by Regions (2015-2020)
Table Global Vitamin B12 Consumption Market Share by Regions (2015-2020)
Figure Global Vitamin B12 Consumption Market Share by Regions in 2019
Table Global Vitamin B12 Export Top 3 Country 2019
Table Global Vitamin B12 Import Top 3 Country 2019
Table United States Vitamin B12 Export and Import (2015-2020)
Table Europe Vitamin B12 Export and Import (2015-2020)
Table China Vitamin B12 Export and Import (2015-2020)
Table Japan Vitamin B12 Export and Import (2015-2020)
Table India Vitamin B12 Export and Import (2015-2020)
Table Global Vitamin B12 Production by Types (2015-2020)
Table Global Vitamin B12 Production Market Share by Types (2015-2020)
Figure Global Vitamin B12 Production Share by Type (2015-2020)
Table Global Vitamin B12 Value by Types (2015-2020)
Table Global Vitamin B12 Value Market Share by Types (2015-2020)
Figure Global Vitamin B12 Value Share by Type (2015-2020)
Figure Global 98% Vitamin B12 Production and Growth Rate (2015-2020)
Figure Global 98% Vitamin B12 Price (2015-2020)
Figure Global 2% Vitamin B12 Production and Growth Rate (2015-2020)
Figure Global 2% Vitamin B12 Price (2015-2020)
Figure Global 1% Vitamin B12 Production and Growth Rate (2015-2020)
Figure Global 1% Vitamin B12 Price (2015-2020)
Figure Global Others Production and Growth Rate (2015-2020)
Figure Global Others Price (2015-2020)
Table Global Vitamin B12 Consumption by Applications (2015-2020)
Table Global Vitamin B12 Consumption Market Share by Applications (2015-2020)
Figure Global Vitamin B12 Consumption Share by Application (2015-2020)
Figure Global Food Industry Consumption and Growth Rate (2015-2020)
Figure Global Feed Industry Consumption and Growth Rate (2015-2020)
Figure Global Others Consumption and Growth Rate (2015-2020)
Figure North America Vitamin B12 Market Consumption and Growth Rate (2015-2020)
Table North America Vitamin B12 Consumption by Countries (2015-2020)
Table North America Vitamin B12 Consumption Market Share by Countries (2015-2020)
Figure North America Vitamin B12 Consumption Market Share by Countries (2015-2020)
Figure United States Vitamin B12 Market Consumption and Growth Rate (2015-2020)
Figure Canada Vitamin B12 Market Consumption and Growth Rate (2015-2020)
Figure Mexico Vitamin B12 Market Consumption and Growth Rate (2015-2020)
Figure North America COVID-19 Status
Figure Europe Vitamin B12 Market Consumption and Growth Rate (2015-2020)
Table Europe Vitamin B12 Consumption by Countries (2015-2020)
Table Europe Vitamin B12 Consumption Market Share by Countries (2015-2020)
Figure Europe Vitamin B12 Consumption Market Share by Countries (2015-2020)
Figure Germany Vitamin B12 Market Consumption and Growth Rate (2015-2020)
Figure United Kingdom Vitamin B12 Market Consumption and Growth Rate (2015-2020)
Figure France Vitamin B12 Market Consumption and Growth Rate (2015-2020)
Figure Italy Vitamin B12 Market Consumption and Growth Rate (2015-2020)
Figure Spain Vitamin B12 Market Consumption and Growth Rate (2015-2020)
Figure Europe COVID-19 Status
Figure Asia-Pacific Vitamin B12 Market Consumption and Growth Rate (2015-2020)
Table Asia-Pacific Vitamin B12 Consumption by Countries (2015-2020)
Table Asia-Pacific Vitamin B12 Consumption Market Share by Countries (2015-2020)
Figure Asia-Pacific Vitamin B12 Consumption Market Share by Countries (2015-2020)
Figure China Vitamin B12 Market Consumption and Growth Rate (2015-2020)
Figure Japan Vitamin B12 Market Consumption and Growth Rate (2015-2020)
Figure South Korea Vitamin B12 Market Consumption and Growth Rate (2015-2020)
Figure Southeast Asia Vitamin B12 Market Consumption and Growth Rate (2015-2020)
Figure India Vitamin B12 Market Consumption and Growth Rate (2015-2020)
Figure Asia Pacific COVID-19 Status
Figure Middle East and Africa Vitamin B12 Market Consumption and Growth Rate (2015-2020)
Table Middle East and Africa Vitamin B12 Consumption by Countries (2015-2020)
Table Middle East and Africa Vitamin B12 Consumption Market Share by Countries (2015-2020)
Figure Middle East and Africa Vitamin B12 Consumption Market Share by Countries (2015-2020)
Figure Saudi Arabia Vitamin B12 Market Consumption and Growth Rate (2015-2020)
Figure UAE Vitamin B12 Market Consumption and Growth Rate (2015-2020)
Figure South Africa Vitamin B12 Market Consumption and Growth Rate (2015-2020)
Figure South America Vitamin B12 Market Consumption and Growth Rate (2015-2020)
Table South America Vitamin B12 Consumption by Countries (2015-2020)
Table South America Vitamin B12 Consumption Market Share by Countries (2015-2020)
Figure South America Vitamin B12 Consumption Market Share by Countries (2015-2020)
Figure Brazil Vitamin B12 Market Consumption and Growth Rate (2015-2020)
Table Hebei Yufeng Group Company Profile
Table Hebei Yufeng Group Production, Value, Price, Gross Margin 2015-2020
Figure Hebei Yufeng Group Production and Growth Rate
Figure Hebei Yufeng Group Value ($) Market Share 2015-2020
Table NCPC VICTOR Company Profile
Table NCPC VICTOR Production, Value, Price, Gross Margin 2015-2020
Figure NCPC VICTOR Production and Growth Rate
Figure NCPC VICTOR Value ($) Market Share 2015-2020
Table BASF Nutrition Company Profile
Table BASF Nutrition Production, Value, Price, Gross Margin 2015-2020
Figure BASF Nutrition Production and Growth Rate
Figure BASF Nutrition Value ($) Market Share 2015-2020
Table Sanofi Company Profile
Table Sanofi Production, Value, Price, Gross Margin 2015-2020
Figure Sanofi Production and Growth Rate
Figure Sanofi Value ($) Market Share 2015-2020
Table Ningxia Kingvit Pharmaceutical Company Profile
Table Ningxia Kingvit Pharmaceutical Production, Value, Price, Gross Margin 2015-2020
Figure Ningxia Kingvit Pharmaceutical Production and Growth Rate
Figure Ningxia Kingvit Pharmaceutical Value ($) Market Share 2015-2020
Table Hebei Huarong Pharmaceutical Company Profile
Table Hebei Huarong Pharmaceutical Production, Value, Price, Gross Margin 2015-2020
Figure Hebei Huarong Pharmaceutical Production and Growth Rate
Figure Hebei Huarong Pharmaceutical Value ($) Market Share 2015-2020
Table Hebei Yuxing Bio-Engineering Co. Ltd Company Profile
Table Hebei Yuxing Bio-Engineering Co. Ltd Production, Value, Price, Gross Margin 2015-2020
Figure Hebei Yuxing Bio-Engineering Co. Ltd Production and Growth Rate
Figure Hebei Yuxing Bio-Engineering Co. Ltd Value ($) Market Share 2015-2020
Table Chempure Company Profile
Table Chempure Production, Value, Price, Gross Margin 2015-2020
Figure Chempure Production and Growth Rate
Figure Chempure Value ($) Market Share 2015-2020
Table Hebei Huarong Pharmaceutical Company Profile
Table Hebei Huarong Pharmaceutical Production, Value, Price, Gross Margin 2015-2020
Figure Hebei Huarong Pharmaceutical Production and Growth Rate
Figure Hebei Huarong Pharmaceutical Value ($) Market Share 2015-2020
Figure North America Market Consumption and Growth Rate Forecast (2020-2025)
Figure Europe Market Consumption and Growth Rate Forecast (2020-2025)
Figure Asia-Pacific Market Consumption and Growth Rate Forecast (2020-2025)
Figure Middle East and Africa Market Consumption and Growth Rate Forecast (2020-2025)
Figure South America Market Consumption and Growth Rate Forecast (2020-2025)
Table Global Vitamin B12 Market Forecast Production by Types (2020-2025)
Table Global Vitamin B12 Market Forecast Production Share by Types (2020-2025)
Table Global Vitamin B12 Market Forecast Value ($) by Types (2020-2025)
Table Global Vitamin B12 Market Forecast Value Share by Types (2020-2025)
Table Global Vitamin B12 Market Forecast Consumption by Applications (2020-2025)
Table Global Vitamin B12 Market Forecast Consumption Share by Applications (2020-2025)
Research Methodology:
Vitamin B12 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
| Primary Sources | Parameters | Key Data |
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| Total Market |
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