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Vitamin B12 Market
Vitamin B12 Market - Global Industry Assessment & Forecast
Segments Covered
By Product Cyanocobalamin, Hydroxocobalamin, Methylcobalamin, Adenosylcobalamin
By Route of Administration Intramuscular Injection, Subcutaneous Injection, Oral, Nasal
By Form Liquid, Tablet, Capsule, Nasal Gel, Others
By Application Dietary Supplements, Pharmaceuticals, Animal Feed, Food and Beverages, Others
By Source Fermentation, Others
By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
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2023 |
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2024 - 2032 |
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2018 - 2022 |
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USD 493.6 Million |
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USD 853.5 Million |
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6.3% |
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Europe |
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North America |
Customization Offered
Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market Dynamics
Region Level Market Share
Import Export Analysis
Production Analysis
Others Request Customization Speak To Analyst
Vitamin B12 Market Segment Analysis
- Vitamin B12 Product Outlook (Revenue, USD Million, 2018 - 2030)
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
- Vitamin B12 Route of Administration Outlook (Revenue, USD Million, 2018 - 2030)
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
- Vitamin B12 Form Outlook (Revenue, USD Million, 2018 - 2030)
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
- Vitamin B12 Application Outlook (Revenue, USD Million, 2018 - 2030)
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
- Vitamin B12 Source Outlook (Revenue, USD Million, 2018 - 2030)
- Fermentation
- Others
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
-
North America Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
-
North America Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
-
North America Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
-
North America Vitamin B12 Market, by Source
- Fermentation
- Others
- U.S.
- U.S. Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
- U.S. Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
- U.S. Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
- U.S. Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
- U.S. Vitamin B12 Market, by Source
- Fermentation
- Others
- U.S. Vitamin B12 Market, by Product
- Canada
- Canada Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
- Canada Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
- Canada Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
- Canada Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
- Canada Vitamin B12 Market, by Source
- Fermentation
- Others
- Canada Vitamin B12 Market, by Product
-
Mexico
- Mexico Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
- Mexico Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
- Mexico Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
- Mexico Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
- Mexico Vitamin B12 Market, by Source
- Fermentation
- Others
- Mexico Vitamin B12 Market, by Product
-
North America Vitamin B12 Market, by Product
- Europe
-
Europe Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
-
Europe Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
-
Europe Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
-
Europe Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
-
Europe Vitamin B12 Market, by Source
- Fermentation
- Others
- U. K.
- U.K. Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
- U.K. Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
- U.K. Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
- U.K. Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
- U.K. Vitamin B12 Market, by Source
- Fermentation
- Others
- U.K. Vitamin B12 Market, by Product
- France
- France Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
- France Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
- France Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
- France Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
- France Vitamin B12 Market, by Source
- Fermentation
- Others
- France Vitamin B12 Market, by Product
-
Germany
- Germany Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
- Germany Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
- Germany Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
- Germany Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
- Germany Vitamin B12 Market, by Source
- Fermentation
- Others
- Germany Vitamin B12 Market, by Product
-
Italy
- Italy Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
- Italy Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
- Italy Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
- Italy Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
- Italy Vitamin B12 Market, by Source
- Fermentation
- Others
- Italy Vitamin B12 Market, by Product
-
Spain
- Spain Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
- Spain Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
- Spain Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
- Spain Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
- Spain Vitamin B12 Market, by Source
- Fermentation
- Others
- Spain Vitamin B12 Market, by Product
-
Rest of Europe
- Rest of Europe Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
- Rest of Europe Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
- Rest of Europe Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
- Rest of Europe Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
- Rest of Europe Vitamin B12 Market, by Source
- Fermentation
- Others
- Rest of Europe Vitamin B12 Market, by Product
-
Europe Vitamin B12 Market, by Product
- Asia Pacific
-
Asia Pacific Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
-
Asia Pacific Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
-
Asia Pacific Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
-
Asia Pacific Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
-
Asia Pacific Vitamin B12 Market, by Source
- Fermentation
- Others
- China
- China Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
- China Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
- China Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
- China Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
- China Vitamin B12 Market, by Source
- Fermentation
- Others
- China Vitamin B12 Market, by Product
- Japan
- Japan Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
- Japan Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
- Japan Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
- Japan Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
- Japan Vitamin B12 Market, by Source
- Fermentation
- Others
- Japan Vitamin B12 Market, by Product
-
Germany
- Germany Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
- Germany Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
- Germany Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
- Germany Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
- Germany Vitamin B12 Market, by Source
- Fermentation
- Others
- Germany Vitamin B12 Market, by Product
-
India
- India Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
- India Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
- India Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
- India Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
- India Vitamin B12 Market, by Source
- Fermentation
- Others
- India Vitamin B12 Market, by Product
-
South Korea
- South Korea Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
- South Korea Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
- South Korea Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
- South Korea Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
- South Korea Vitamin B12 Market, by Source
- Fermentation
- Others
- South Korea Vitamin B12 Market, by Product
-
South East Asia
- South East Asia Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
- South East Asia Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
- South East Asia Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
- South East Asia Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
- South East Asia Vitamin B12 Market, by Source
- Fermentation
- Others
- South East Asia Vitamin B12 Market, by Product
-
Rest of Asia Pacific
- Rest of Asia Pacific Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
- Rest of Asia Pacific Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
- Rest of Asia Pacific Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
- Rest of Asia Pacific Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
- Rest of Asia Pacific Vitamin B12 Market, by Source
- Fermentation
- Others
- Rest of Asia Pacific Vitamin B12 Market, by Product
-
Asia Pacific Vitamin B12 Market, by Product
- Latin America
-
Latin America Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
-
Latin America Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
-
Latin America Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
-
Latin America Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
-
Latin America Vitamin B12 Market, by Source
- Fermentation
- Others
- Brazil
- Brazil Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
- Brazil Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
- Brazil Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
- Brazil Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
- Brazil Vitamin B12 Market, by Source
- Fermentation
- Others
- Brazil Vitamin B12 Market, by Product
- Argentina
- Argentina Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
- Argentina Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
- Argentina Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
- Argentina Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
- Argentina Vitamin B12 Market, by Source
- Fermentation
- Others
- Argentina Vitamin B12 Market, by Product
-
Rest of Latin America
- Rest of Latin America Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
- Rest of Latin America Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
- Rest of Latin America Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
- Rest of Latin America Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
- Rest of Latin America Vitamin B12 Market, by Source
- Fermentation
- Others
- Rest of Latin America Vitamin B12 Market, by Product
-
Latin America Vitamin B12 Market, by Product
- Middle East & Africa
-
Middle East & Africa Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
-
Middle East & Africa Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
-
Middle East & Africa Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
-
Middle East & Africa Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
-
Middle East & Africa Vitamin B12 Market, by Source
- Fermentation
- Others
- GCC Countries
- GCC Countries Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
- GCC Countries Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
- GCC Countries Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
- GCC Countries Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
- GCC Countries Vitamin B12 Market, by Source
- Fermentation
- Others
- GCC Countries Vitamin B12 Market, by Product
- South Africa
- South Africa Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
- South Africa Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
- South Africa Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
- South Africa Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
- South Africa Vitamin B12 Market, by Source
- Fermentation
- Others
- South Africa Vitamin B12 Market, by Product
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Vitamin B12 Market, by Product
- Cyanocobalamin
- Hydroxocobalamin
- Methylcobalamin
- Adenosylcobalamin
- Rest of Middle East & Africa Vitamin B12 Market, by Route of Administration
- Intramuscular Injection
- Subcutaneous Injection
- Oral
- Nasal
- Rest of Middle East & Africa Vitamin B12 Market, by Form
- Liquid
- Tablet
- Capsule
- Nasal Gel
- Others
- Rest of Middle East & Africa Vitamin B12 Market, by Application
- Dietary Supplements
- Pharmaceuticals
- Animal Feed
- Food and Beverages
- Others
- Rest of Middle East & Africa Vitamin B12 Market, by Source
- Fermentation
- Others
- Rest of Middle East & Africa Vitamin B12 Market, by Product
-
Middle East & Africa Vitamin B12 Market, by Product
- North America
FAQ
Frequently Asked Question
What is the global demand for Vitamin B12 in terms of revenue?
-
The global Vitamin B12 valued at USD 493.6 Million in 2023 and is expected to reach USD 853.5 Million in 2032 growing at a CAGR of 6.3%.
Which are the prominent players in the market?
-
The prominent players in the market are Pfizer Inc., BASF, Merck & Co. Inc., DSM, GLANBIA NUTRITIONALS, PHARMAVIT, ADIESSO, SPECTRUM CHEMICAL MFG. CORP., DAIICHI SANKYO COMPANY.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 6.3% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Vitamin B12 include
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Vitamin B12 in 2023.