The global vitamin B market is anticipated to grow at a considerable CAGR of 5.1% during the forecast period. According to Amway, in Asian countries, competition at work is always high and some employees may find themselves working long hours at the office, and these extra workloads can ultimately result in fatigue. The consumers tend to reach for readily available foods regardless of their nutritional value. As a result of which, the consumers are not giving body the nutrients that are supposed to aid them conquer each day. A joint report by the World Health Organization (WHO) and the United Nations Food and Agriculture Organization (UN FAO), nearly 75% of the people across the globe are not meeting the minimum daily recommended serving of 400 grams or five servings of fruits and vegetables daily.
Browse the full report description of “Global Vitamin B market Size, Share & Trends Analysis Report by Type (B1, B2, B3, B5, B6, B7, B12 and Folic/Folate Acid), by Distribution Channel (Online and Offline), by Application (Pharmaceuticals, Dietry Supplements, Food and Beverages, and Others), and by End-Users (Hospitals, Home Users, and Sports Enthusiasts), Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/vitamin-b-market
Thus, the various launches by key players across the globe to support people live better healthy lives is boosting the market growth over the forecast. For instance, in May 2019, Amway announced the launch of Nutrilite b vitamin for busy adults to fill dietary gaps, block fatigue, and others. Moreover, in December 2021, GC Pharma launched a new high-content multivitamin called B-max Meta B. B-max Meta B contains 30 milligrams of bisbentiamine that passes through the blood brain barrier to assist the human brain’s metabolism, the company said. The product also has high amounts of vitamin B12, vitamin D, magnesium, and zinc to aid people in controlling their health. Additionally, in August 2019, Vita Miracle announced the launch of its new B vitamin complex tablets on Amazon. The manufacturer claims that this ultra-potent formulation is an effective source of all the essential B complex vitamins, including B1, B2, niacin, folic acid, biotin, pantothenic acid, choline bitartrate, inositol, para-aminobenzoic acid and B12. Each bottle of the product contains 100 tablets.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Distribution Channel
o By Application
o By End-Users
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including Archer Daniels Midland Co., Amway Corp., BASF SE, DSM Corp., Bluebonnet Nutrition Corp., and DuPont Danisco Cellulosic Ethanol LLC among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Vitamin B Market Report Segment
By Type
By Mode of Operation
By Application
Global Vitamin B Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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