Vitamin B12 (Cobalamin) Market
Vitamin B12 (Cobalamin) Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Vitamin B12 (Cobalamin) Market Size and Growth
The Vitamin B12 (Cobalamin) market is experiencing substantial growth, driven by increasing health awareness and dietary supplementation demand. The global market size is projected to reach $500 million by 2026, reflecting a CAGR of 7% from 2021. Key trends include rising veganism, fortified foods, and advancements in pharmaceutical applications. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Yufeng Industry
◍ Huarong Pharmaceutical
◍ NCPC Victor
◍ Kingvit
◍ Sanofi
The Vitamin B12 market features key players like Yufeng Industry, Huarong Pharmaceutical, NCPC Victor, Kingvit, and Sanofi. These companies produce B12 supplements and pharmaceuticals, driving market growth through innovation, strategic partnerships, and diverse product offerings. Sales revenues reflect strong demand, with Sanofi generating significant income in healthcare sectors.
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Market Segmentation
By Application
Feed Supplement
Medical Treatment
Food Additives
Others
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By Product
Direct Fermentation
Indirect Production
Genetic Engineering
Market Growth
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$ X Billion USD
