123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Vitamin B Market Size, Share, Business Prospects, Key Players Updates, Future Plans And Opportunity

Profile Picture
By Author: Dipak Rathod
Total Articles: 142
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Market Overview and Growth Factors:
The global vitamin B market is been classified, by end-user, into pharmaceutical, dietary supplements & nutraceuticals, and others. The pharmaceutical segment is expected to gain largest share, owing to the factor that as vitamin B is used as curative medicines, for diseases such as inflammatory bowel disease, celiac disease and rheumatoid arthritis.
The global vitamin B market has been segregated, by form, into chewables, tablets & capsules, liquids and others. The tablets & capsules segment is expected to garner major share in the global vitamin B market owing to the easy availability and are convenient for consumption. The same segment is anticipated to project a higher CAGR during the forecast period due to the rising inclination of consumers towards vitamin B supplements as it helps in production of red blood cells and also increases energy level in the body.
B Vitamins are group of nutrients that play a vital role in human body. Vitamin B is used to prevent infections, increase metabolism, and also to help in proper nerve function. Thus, Vitamin B market is expected witness high growth in forecast period.
Study Complete Report Details @ https://www.marketresearchfuture.com/reports/vitamin-b-market-7133
Market Potential and Pitfalls:
The global vitamin B market has been segregated, by distribution channel into store-based and non-store based. The store-based segment has been further segregated into supermarkets and hypermarkets, specialty store, and others. The store-based segment is expected to generate higher revenue, with the specialty store sub-segment being the largest. These supplements are prescribed by doctors and nutritionists and are generally available in selected retail stores. The non-store-based segment is expected to register the higher CAGR during the assessment period owing to technological advancements in the e-commerce industry and growing consumer preference for online retailing.
Based on type, the global vitamin B market has been segmented into vitamin B1 (Thiamine), vitamin B3 (Niacin), vitamin B6 (Pyridoxine), vitamin B7 (Biotin), vitamin B9 (Folic Acid), vitamin B12 (Cobalamin), and others. The vitamin B1 (Thiamine) segment is anticipated to gain the largest revenue share in the global vitamin B market and shall maintain lead throughout the forecast period. Vitamin B1 (Thiamine) is being used in various end-users such as dietary supplements & nutraceuticals manufacturers, food &beverages, pharmaceuticals, animal feed, and others as thiamine helps in boosting the metabolism by converting nutrients into energy. This is a crucial determinant that is catalyzing the growth of vitamin B1 (Thiamine) segment in the global vitamin B market. The same segment is expected to grow with the highest growth rate owing to the growth of end-use industries in which vitamin B is used.
Key Players:
Some of the key players in the global vitamin B market are Nature's Bounty Co. (US), Sanofi SA (France), Country Life, LLC (Japan), Mason Vitamins, Inc. (US), NatureSmart, LLC (Canada), Solgar Inc. (US), NOW Health Group, Inc. (US), Natures Truth Products, LLC. (US), Pharmavite LLC (US), The Synergy Company (US).
Regional Analysis:
The global Vitamin B market has been segmented on the basis of region, into North America, Europe, Asia-Pacific, and Rest of the World.
North America is expected to dominate the global Vitamin B market owing to increasing usage of vitamin B by various end-users such as pharmaceutical companies and dietary supplement manufacturers in the region.
Asia-Pacific vitamin B market is expected to grow at a rapid pace due to the surging consumption of vitamin B in the regions due to health benefits associated with it. Moreover, Europe and RoW is also expected to project a significant market share owing to the increasing awareness about various benefits associated with consumption of vitamin B complex. Vitamin B complex help in maintaining good eyesight, DNA production and repair, and antioxidant. Increasing number of patients with vitamin B deficiency in the region.

Total Views: 32Word Count: 613See All articles From Author

Add Comment

Business Articles

1. The Ultimate Guide To Engagement Rings
Author: Gold Trunk

2. What’s So Special About A Pair Of Loake Shoes?
Author: Sherman Brothers

3. Know The Ultimate Impacts Of Global Market Research Experts
Author: Empirico Research

4. Satta Matka Rajdhani Day Guessing
Author: kamran ali

5. Overspray Removal On An Industrial Level By Jln
Author: kevin

6. Fascinating Jewellery
Author: perlamuse

7. Product Kitting – The Best Opportunity To Grow Your Business
Author: kartzhub

8. Live Chat For Customer Service
Author: Surabhi Joshi

9. Polymer Binders Industry Global Market Recent Trends And Projected Market Size By 2020 – 2023
Author: Market Research Future

10. Advantages Of Hiring A Software Development Company
Author: Mario F. Davis

11. Make Construction Hassle-free With Ready Mix Concrete
Author: Dinesh Concrete

12. Breathable Films Market Share - Size, Growth, Trends, By 2023
Author: Market Research Future

13. Why Should Someone Hire A Pr Agency?
Author: Atul Singh Chaudhary

14. Erickson Beamon Earrings For Everyone
Author: Lisa Alfieri

15. 9 Reasons To Use Instagram For Business In 2020
Author: jessica0329 jessi

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: