Riboflavin (Vitamin B2) Market
Riboflavin (Vitamin B2) Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Riboflavin (Vitamin B2) Market Size and Growth
The Riboflavin (Vitamin B2) market is poised for growth, driven by rising demand in the food, pharmaceutical, and cosmetic sectors. Current market size is approximately $500 million, with a projected CAGR of 5% through 2028. Increasing consumer awareness of health benefits fuels market expansion and innovation in product applications. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ DSM
◍ BASF
◍ Hubei Guangji Pharmaceutical
◍ Shanghai Acebright
◍ Shandong NB Group
◍ Hebei Shengxue Dacheng
◍ Ningxia Qiyuan Pharma
The Riboflavin (Vitamin B2) market features key players like DSM, BASF, Hubei Guangji, and others, focusing on production and innovation. They enhance market growth through diverse applications in pharmaceuticals, cosmetics, and food. Notable sales figures include DSM’s €600 million and BASF’s €1 billion in annual vitamins revenue.
