Global Vitamin B Complex Ingredients Market Projected To Reach $4.4 Billion By 2030, Fueled By Expanding Applications
Date
9/22/2023 2:03:47 PM
(MENAFN- PR Newswire) DUBLIN, Sept. 22, 2023 /PRNewswire/ -- The "Vitamin B Complex Ingredients Market: Global market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War" report has been added to
ResearchAndMarkets.com's offering.
The global vitamin B complex ingredients market is on a growth trajectory, with an expected Compound Annual Growth Rate (CAGR) of approximately 4.9%. It is projected to reach $4.4 billion in 2030, compared to $3.1 billion in 2023, according to an extensive report on the market.
Holistic Understanding of the Vitamin B Complex Ingredients Market
This comprehensive report offers a holistic understanding of the global vitamin B complex ingredients market, providing insights into market sizing, forecasts, drivers, challenges, and the competitive landscape. It presents a clear and detailed overview of the market, segmented based on form, type, application, distribution channel, and region.
Company Profiles for Informed Decision-Making
The report includes detailed profiles of companies operating in the vitamin B complex ingredients market. These profiles are designed to assist professionals and industry stakeholders in making informed decisions.
Companies Mentioned
Adisseo France ADM AIE Pharmaceuticals Amway Atlantic Essential Products Bactolac Pharmaceutical BASF DSM Lonza Nattopharma North American Herb and Spice Seven Seas
Market Dynamics
Drivers
Increasing Applications: Growing applications for vitamin B complex ingredients are contributing to market growth. Product Development: Ongoing product development is driving innovation in the market.
Challenges
Side Effects of Excess Consumption: The challenge of side effects resulting from excess consumption of vitamin B complex ingredients may impact market growth.
Historical and Forecast Periods
Base Year: 2022 Historical Period: 2018-2022 Forecast Period: 2023-2030
Market Segmentation
Form
Capsules Tablets Liquids Powders Others
Type
Vitamin B1 Vitamin B2 Vitamin B3 Vitamin B5 Vitamin B6 Vitamin B7 Vitamin B9 Vitamin B12
Application
Pharmaceuticals Foods & Beverages Animal Feed Cosmetics Others
Distribution Channel
Regional Insights
Europe
Germany United Kingdom France Italy Spain Russia Netherlands Rest of Europe
North America
Asia Pacific
China Japan India South Korea Australia Indonesia Rest of Asia Pacific
Latin America
Mexico Brazil Argentina Rest of Latin America
Middle East & Africa
Saudi Arabia Turkey Iran United Arab Emirates Rest of Middle East & Africa
The global vitamin B complex ingredients market is set to achieve significant growth, driven by increasing applications and ongoing product development. This report equips industry professionals with vital insights for strategic decision-making.
For more information about this report visit
About ResearchAndMarkets
ResearchAndMarketsis the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Logo:
SOURCE Research and Markets
MENAFN22092023003732001241ID1107123386
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.