Global
Vitamin
B12 (Cobalamin) Market is expected to grow at a significant CAGR in the
upcoming years as the scope, product types and its applications are increasing
across the globe. Vitamin B12, is also termed as cobalamin, is water-soluble.
It helps in conversion of food (Carbohydrates) into fuel (Glucose), which is
used to produce energy. These B vitamins, frequently mentioned in as B complex
vitamins, also help in proper utilization of fats and protein.
Furthermore,
to the nerve cells healthy, Vitamin B12 is particularly important. B complex
vitamins are desired for healthy hair, eyes, skin, and liver. Also, it helps in
the construction of genetic material such as RNA and DNA in the body. Vitamin
B12 (Cobalamin) Market is categorized based on product type, applications, and
geography. Vitamin B12 (Cobalamin) Industry is categorized based on product
types such as 98% Vitamin B12, 2% Vitamin B12, 1% Vitamin B12. Vitamin B12
(Cobalamin) Market is categorized based on application into Food Industry, Feed
Industry, Others
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Vitamin
B12 (Cobalamin) Market is categorized based on geography into Asia Pacific
(China, India, ASEAN, Australia & New Zealand), Japan, Middle East and
Africa (GCC countries, S. Africa, Rest Of MEA), North America (U.S., Canada),
Latin America (Brazil, Rest of Latin America), Western Europe (Germany, Italy,
France, England, Spain, Rest of Western Europe), and Eastern Europe (Poland,
Russia, Rest of Eastern Europe).
North
America has been at the forefront with regards to Vitamin B12 (Cobalamin)
Market and will continue to rule the roost in the years to come. Some of the
key players that fuel the growth of the Vitamin B12 (Cobalamin) Market include
Sanofi, Ningxia Kingvit Pharmaceutical, Hebei Huarong Pharmaceutical, NCPC
VICTOR, Hebei Yufeng Group. The key players are focusing on inorganic growth to
sustain themselves amidst fierce competition. As such, mergers, acquisitions,
and joint ventures are the need of the hour.
Market Segment:
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (million USD),
market share and growth rate of Vitamin B12 (Cobalamin) in these regions, from
2012 to 2022 (forecast), covering
•
North America
•
Europe
•
China
•
Japan
•
Southeast Asia
•
India
Global Vitamin B12 (Cobalamin) market
competition by top manufacturers, with production, price, revenue (value) and
market share for each manufacturer; the top players including
•
Sanofi
•
Hebei Yufeng Group
•
Ningxia Kingvit Pharmaceutical
•
Hebei Huarong Pharmaceutical
•
NCPC VICTOR
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