Vitamin B2 (Riboflavin) Market
Vitamin B2 (Riboflavin) Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Vitamin B2 (Riboflavin) Market Size and Growth
The Vitamin B2 (Riboflavin) market is witnessing steady growth, driven by increasing demand in food, pharmaceuticals, and dietary supplements. Valued at approximately $200 million in 2022, the market is projected to expand at a CAGR of 5.5% through 2030, fueled by rising health awareness and fortified product innovations.
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Companies Covered
(Covid 19 Impact Covered)
◍ Guangji Pharmaceutical
◍ DSM
◍ BASF
◍ Shanghai Acebright Pharmaceuticals
◍ NB GROUP
The Vitamin B2 (Riboflavin) Market is driven by key players like Guangji Pharmaceutical, DSM, BASF, Shanghai Acebright Pharmaceuticals, and NB GROUP. These companies enhance market growth through innovative products, strategic partnerships, and expanding applications in food, pharmaceuticals, and cosmetics, bolstering demand and sales significantly. Actual sales figures may vary.
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Market Segmentation
By Application
By Product
◍ 80% Vitamin B2
80%~96% Vitamin B2
98%~102% Vitamin B2 ◍ Feed Additives ◍ Food Additives
◍ Pharmaceutical and Cosmetic
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Market Growth
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$ X Billion USD
