The MarkNtel Advisors has released its latest report titled "Global Vitamin B12 Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028." This comprehensive analysis provides valuable insights into the market, including market share data. The report encompasses competitive analysis, geographical research, and recent advancements in the market. Whether you are an investor, researcher, consultant, marketing strategist, or planning to enter the industry in any capacity, this analysis can greatly benefit you.
Global Vitamin B12 Market Definition:
Vitamin B12 or Cobalamin is among the prominent types of vitamins considered essential for amino acid metabolism, fatty acid metabolism, and DNA synthesis, owing to its capabilities to improve blood & cell health in the body. It is naturally present in animal-derived food products, such as meat, fish, eggs, poultry, & dairy products, which is why people who only eat plant-based food have a deficiency of cobalamin. With the growing cases of malnutrition & vitamin deficiencies worldwide, especially in the younger population, the demand for Vitamin B12 is rising at a phenomenal pace globally.
Global Vitamin B12 Market Overview
The Global Vitamin B12 Market is projected to register a significant CAGR during the forecast period, i.e., 2023-28.
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Competitive Landscape With Leading Key Players:
The report's analysis of the Global Vitamin B12 market's competitive environment includes thorough profiles of the major industry competitors.
Among these important figures are:
-Hebei Yufeng Group
-Hebei Huarong Pharmaceutical
-BASF Nutrition
-Sanofi
-NCPC VICTOR
-Chempure
-Hebei Yuxing Bio-Engineering Co. Ltd
-Ningxia Kingvit Pharmaceutical
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Important Global Vitamin B12 Market Segmentation
By Cyanocobalamin Type
-Injection
-Oral
-Spray
By Type of Production
-Direct Fermentation
-Indirect Production
-Genetic Engineering
By Product
-1% Vitamin B12
-2% Vitamin B12
-98% Vitamin B12
-Others (96% Vitamin B12, 99% Vitamin B12)
By Application
-Medical Treatment
-Food Additives
-Feed Supplement
-Others (Cosmetics, Pharmaceutical, etc.)
By Region
-Americas
-Asia-Pacific
-Middle East & Africa
-Europe
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Important Report Highlights:
- Historical Data (2018–2021)
- Base Year (2022)
- Market Prospects (2023–2028)
- Business Trends
- Drivers of the Market and Success Factors
- COVID-19's effects
- Value Chain Evaluation
- Comprehensive competitive landscape mapping
As part of the modification, we will give you any specific information you require that is not already covered by the report.
About MarkNtel Advisors
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals. Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
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