The global vitamin B market size was USD 800 Billion in 2022 and is expected to register a rapid revenue CAGR of 5.3% during the forecast period. Rising awareness among individuals regarding health is the primary factor driving market revenue growth. Adequate vitamin B levels in the body are required for proper physiological and neurological function. Vitamin B is a set of eight water-soluble vitamins namely thiamine (B1), riboflavin (B2), niacin (B3, pantothenic acid (B5), pyridoxine (B6), biotin (B7), colic acid (B9) and cobalamin (B12). Each is essential for the proper functioning of human body.

The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Vitamin B market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Vitamin B market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

Nature's Bounty, Sanofi, Country Life, LLC, Mason Vitamins, Solgar Inc., NOW Foods, Nature's Truth, Pharmavite, The Synergy Company, BASF SE, Glanbia plc, Amway, Atlantic Essentials Products, INC, Adisseo, Kirkman, DuPont, Bluebonnet Nutrition, AIE Pharmaceuticals, Inc., DSM, and ADM

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Emergen Research has segmented the global Vitamin B market on the basis of type, application, end-use, and region:

Segments Covered in this report are:

  • Type Outlook (Revenue, USD Billion; 2019–2032)

    • Vitamin B12
    • Vitamin B1
    • Vitamin B2
    • Vitamin B3
    • Vitamin B5
    • Vitamin B6
    • Vitamin B7
    • Vitamin B9
    • Others

  • Form Outlook (Revenue, USD Billion; 2019–2032)

    • Tablets & Capsules
    • Liquids
    • Powder
    • Gummies
    • Soft gels
    • Injectable
    • Topical Creams and Lotions

  • Source Outlook (Revenue, USD Billion; 2019–2032)

    • Synthetic/Vitamin B Supplements
    • Natural Sources
    • Fortified Foods

The various regions analyzed in the report include:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

  • Analysis and estimation of the Vitamin B Market size and share for the projected period of 2022-2030
  • Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
  • Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Vitamin B Market
  • Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
  • Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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