Report Detail

According to our (Global Info Research) latest study, the global Vitamin B12 (Cobalamin, Cyanocobalamin) market size was valued at US$ 465 million in 2025 and is forecast to a readjusted size of US$ 564 million by 2032 with a CAGR of 2.8% during review period.
Vitamin B12 is a nutrient that helps keep the body's nerve and blood cells healthy and helps make DNA, the genetic material in all cells. Vitamin B12 also helps prevent a type of anemia called megaloblastic anemia that makes people tired and weak.In 2025, global Vitamin B12 production reached approximately 138 MT.In 2025, global Vitamin B12 production reached approximately 148 MT.
The Vitamin B12 market is driven by growing consumer awareness about health, nutrition, and the importance of addressing deficiencies linked to modern diets and lifestyles. Vitamin B12 plays a crucial role in nerve function, red blood cell formation, and DNA synthesis, making it essential for overall well-being. Demand is increasing not only from the general health-conscious population but also from specific groups such as vegans, vegetarians, and the elderly, who are more prone to B12 deficiency. This has led to a rise in the development and consumption of B12-fortified foods, dietary supplements, and pharmaceutical formulations across global markets.
On the supply side, the market includes various forms of Vitamin B12, such as cyanocobalamin and methylcobalamin, produced through synthetic and fermentation-based processes. Manufacturers are investing in more efficient and sustainable production technologies, while also navigating regulatory frameworks that differ by region. The growing penetration of e-commerce and direct-to-consumer brands is also reshaping distribution channels, allowing for wider and more convenient access to B12 products. As public health initiatives continue to highlight the importance of micronutrient supplementation, the Vitamin B12 market is expected to remain dynamic and innovation-driven.
This report is a detailed and comprehensive analysis for global Vitamin B12 (Cobalamin, Cyanocobalamin) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Vitamin B12 (Cobalamin, Cyanocobalamin) market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2021-2032
Global Vitamin B12 (Cobalamin, Cyanocobalamin) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2021-2032
Global Vitamin B12 (Cobalamin, Cyanocobalamin) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2021-2032
Global Vitamin B12 (Cobalamin, Cyanocobalamin) market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Vitamin B12 (Cobalamin, Cyanocobalamin)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Vitamin B12 (Cobalamin, Cyanocobalamin) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include CSPC / Hebei Huarong, Hebei Yuxing, Ningxia Kingvit, North China Pharmaceutical / Huaheng, Zhejiang NHU, BASF, DSM-firmenich, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Vitamin B12 (Cobalamin, Cyanocobalamin) market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
1% content
2% content
Other
Market segment by Feature
Food Grade
Feed Grade
Market segment by Channel
Direct Selling
Distribution
Market segment by Application
Feed Industry
Pharmaceutical Industry
Food Industry
Daily Chemicals and Environmental Protection
Cosmetics
Other
Major players covered
CSPC / Hebei Huarong
Hebei Yuxing
Ningxia Kingvit
North China Pharmaceutical / Huaheng
Zhejiang NHU
BASF
DSM-firmenich
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Vitamin B12 (Cobalamin, Cyanocobalamin) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Vitamin B12 (Cobalamin, Cyanocobalamin), with price, sales quantity, revenue, and global market share of Vitamin B12 (Cobalamin, Cyanocobalamin) from 2021 to 2026.
Chapter 3, the Vitamin B12 (Cobalamin, Cyanocobalamin) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Vitamin B12 (Cobalamin, Cyanocobalamin) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Vitamin B12 (Cobalamin, Cyanocobalamin) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Vitamin B12 (Cobalamin, Cyanocobalamin).
Chapter 14 and 15, to describe Vitamin B12 (Cobalamin, Cyanocobalamin) sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Vitamin B12 (Cobalamin, Cyanocobalamin) Consumption Value by Type: 2021 Versus 2025 Versus 2032
    • 1.3.2 1% content
    • 1.3.3 2% content
    • 1.3.4 Other
  • 1.4 Market Analysis by Feature
    • 1.4.1 Overview: Global Vitamin B12 (Cobalamin, Cyanocobalamin) Consumption Value by Feature: 2021 Versus 2025 Versus 2032
    • 1.4.2 Food Grade
    • 1.4.3 Feed Grade
  • 1.5 Market Analysis by Channel
    • 1.5.1 Overview: Global Vitamin B12 (Cobalamin, Cyanocobalamin) Consumption Value by Channel: 2021 Versus 2025 Versus 2032
    • 1.5.2 Direct Selling
    • 1.5.3 Distribution
  • 1.6 Market Analysis by Application
    • 1.6.1 Overview: Global Vitamin B12 (Cobalamin, Cyanocobalamin) Consumption Value by Application: 2021 Versus 2025 Versus 2032
    • 1.6.2 Feed Industry
    • 1.6.3 Pharmaceutical Industry
    • 1.6.4 Food Industry
    • 1.6.5 Daily Chemicals and Environmental Protection
    • 1.6.6 Cosmetics
    • 1.6.7 Other
  • 1.7 Global Vitamin B12 (Cobalamin, Cyanocobalamin) Market Size & Forecast
    • 1.7.1 Global Vitamin B12 (Cobalamin, Cyanocobalamin) Consumption Value (2021 & 2025 & 2032)
    • 1.7.2 Global Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity (2021-2032)
    • 1.7.3 Global Vitamin B12 (Cobalamin, Cyanocobalamin) Average Price (2021-2032)

2 Manufacturers Profiles

  • 2.1 CSPC / Hebei Huarong
    • 2.1.1 CSPC / Hebei Huarong Details
    • 2.1.2 CSPC / Hebei Huarong Major Business
    • 2.1.3 CSPC / Hebei Huarong Vitamin B12 (Cobalamin, Cyanocobalamin) Product and Services
    • 2.1.4 CSPC / Hebei Huarong Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.1.5 CSPC / Hebei Huarong Recent Developments/Updates
  • 2.2 Hebei Yuxing
    • 2.2.1 Hebei Yuxing Details
    • 2.2.2 Hebei Yuxing Major Business
    • 2.2.3 Hebei Yuxing Vitamin B12 (Cobalamin, Cyanocobalamin) Product and Services
    • 2.2.4 Hebei Yuxing Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.2.5 Hebei Yuxing Recent Developments/Updates
  • 2.3 Ningxia Kingvit
    • 2.3.1 Ningxia Kingvit Details
    • 2.3.2 Ningxia Kingvit Major Business
    • 2.3.3 Ningxia Kingvit Vitamin B12 (Cobalamin, Cyanocobalamin) Product and Services
    • 2.3.4 Ningxia Kingvit Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.3.5 Ningxia Kingvit Recent Developments/Updates
  • 2.4 North China Pharmaceutical / Huaheng
    • 2.4.1 North China Pharmaceutical / Huaheng Details
    • 2.4.2 North China Pharmaceutical / Huaheng Major Business
    • 2.4.3 North China Pharmaceutical / Huaheng Vitamin B12 (Cobalamin, Cyanocobalamin) Product and Services
    • 2.4.4 North China Pharmaceutical / Huaheng Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.4.5 North China Pharmaceutical / Huaheng Recent Developments/Updates
  • 2.5 Zhejiang NHU
    • 2.5.1 Zhejiang NHU Details
    • 2.5.2 Zhejiang NHU Major Business
    • 2.5.3 Zhejiang NHU Vitamin B12 (Cobalamin, Cyanocobalamin) Product and Services
    • 2.5.4 Zhejiang NHU Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.5.5 Zhejiang NHU Recent Developments/Updates
  • 2.6 BASF
    • 2.6.1 BASF Details
    • 2.6.2 BASF Major Business
    • 2.6.3 BASF Vitamin B12 (Cobalamin, Cyanocobalamin) Product and Services
    • 2.6.4 BASF Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.6.5 BASF Recent Developments/Updates
  • 2.7 DSM-firmenich
    • 2.7.1 DSM-firmenich Details
    • 2.7.2 DSM-firmenich Major Business
    • 2.7.3 DSM-firmenich Vitamin B12 (Cobalamin, Cyanocobalamin) Product and Services
    • 2.7.4 DSM-firmenich Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.7.5 DSM-firmenich Recent Developments/Updates

3 Competitive Environment: Vitamin B12 (Cobalamin, Cyanocobalamin) by Manufacturer

  • 3.1 Global Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity by Manufacturer (2021-2026)
  • 3.2 Global Vitamin B12 (Cobalamin, Cyanocobalamin) Revenue by Manufacturer (2021-2026)
  • 3.3 Global Vitamin B12 (Cobalamin, Cyanocobalamin) Average Price by Manufacturer (2021-2026)
  • 3.4 Market Share Analysis (2025)
    • 3.4.1 Producer Shipments of Vitamin B12 (Cobalamin, Cyanocobalamin) by Manufacturer Revenue ($MM) and Market Share (%): 2025
    • 3.4.2 Top 3 Vitamin B12 (Cobalamin, Cyanocobalamin) Manufacturer Market Share in 2025
    • 3.4.3 Top 6 Vitamin B12 (Cobalamin, Cyanocobalamin) Manufacturer Market Share in 2025
  • 3.5 Vitamin B12 (Cobalamin, Cyanocobalamin) Market: Overall Company Footprint Analysis
    • 3.5.1 Vitamin B12 (Cobalamin, Cyanocobalamin) Market: Region Footprint
    • 3.5.2 Vitamin B12 (Cobalamin, Cyanocobalamin) Market: Company Product Type Footprint
    • 3.5.3 Vitamin B12 (Cobalamin, Cyanocobalamin) Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Vitamin B12 (Cobalamin, Cyanocobalamin) Market Size by Region
    • 4.1.1 Global Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity by Region (2021-2032)
    • 4.1.2 Global Vitamin B12 (Cobalamin, Cyanocobalamin) Consumption Value by Region (2021-2032)
    • 4.1.3 Global Vitamin B12 (Cobalamin, Cyanocobalamin) Average Price by Region (2021-2032)
  • 4.2 North America Vitamin B12 (Cobalamin, Cyanocobalamin) Consumption Value (2021-2032)
  • 4.3 Europe Vitamin B12 (Cobalamin, Cyanocobalamin) Consumption Value (2021-2032)
  • 4.4 Asia-Pacific Vitamin B12 (Cobalamin, Cyanocobalamin) Consumption Value (2021-2032)
  • 4.5 South America Vitamin B12 (Cobalamin, Cyanocobalamin) Consumption Value (2021-2032)
  • 4.6 Middle East & Africa Vitamin B12 (Cobalamin, Cyanocobalamin) Consumption Value (2021-2032)

5 Market Segment by Type

  • 5.1 Global Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity by Type (2021-2032)
  • 5.2 Global Vitamin B12 (Cobalamin, Cyanocobalamin) Consumption Value by Type (2021-2032)
  • 5.3 Global Vitamin B12 (Cobalamin, Cyanocobalamin) Average Price by Type (2021-2032)

6 Market Segment by Application

  • 6.1 Global Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity by Application (2021-2032)
  • 6.2 Global Vitamin B12 (Cobalamin, Cyanocobalamin) Consumption Value by Application (2021-2032)
  • 6.3 Global Vitamin B12 (Cobalamin, Cyanocobalamin) Average Price by Application (2021-2032)

7 North America

  • 7.1 North America Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity by Type (2021-2032)
  • 7.2 North America Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity by Application (2021-2032)
  • 7.3 North America Vitamin B12 (Cobalamin, Cyanocobalamin) Market Size by Country
    • 7.3.1 North America Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity by Country (2021-2032)
    • 7.3.2 North America Vitamin B12 (Cobalamin, Cyanocobalamin) Consumption Value by Country (2021-2032)
    • 7.3.3 United States Market Size and Forecast (2021-2032)
    • 7.3.4 Canada Market Size and Forecast (2021-2032)
    • 7.3.5 Mexico Market Size and Forecast (2021-2032)

8 Europe

  • 8.1 Europe Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity by Type (2021-2032)
  • 8.2 Europe Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity by Application (2021-2032)
  • 8.3 Europe Vitamin B12 (Cobalamin, Cyanocobalamin) Market Size by Country
    • 8.3.1 Europe Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity by Country (2021-2032)
    • 8.3.2 Europe Vitamin B12 (Cobalamin, Cyanocobalamin) Consumption Value by Country (2021-2032)
    • 8.3.3 Germany Market Size and Forecast (2021-2032)
    • 8.3.4 France Market Size and Forecast (2021-2032)
    • 8.3.5 United Kingdom Market Size and Forecast (2021-2032)
    • 8.3.6 Russia Market Size and Forecast (2021-2032)
    • 8.3.7 Italy Market Size and Forecast (2021-2032)

9 Asia-Pacific

  • 9.1 Asia-Pacific Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity by Type (2021-2032)
  • 9.2 Asia-Pacific Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity by Application (2021-2032)
  • 9.3 Asia-Pacific Vitamin B12 (Cobalamin, Cyanocobalamin) Market Size by Region
    • 9.3.1 Asia-Pacific Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity by Region (2021-2032)
    • 9.3.2 Asia-Pacific Vitamin B12 (Cobalamin, Cyanocobalamin) Consumption Value by Region (2021-2032)
    • 9.3.3 China Market Size and Forecast (2021-2032)
    • 9.3.4 Japan Market Size and Forecast (2021-2032)
    • 9.3.5 South Korea Market Size and Forecast (2021-2032)
    • 9.3.6 India Market Size and Forecast (2021-2032)
    • 9.3.7 Southeast Asia Market Size and Forecast (2021-2032)
    • 9.3.8 Australia Market Size and Forecast (2021-2032)

10 South America

  • 10.1 South America Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity by Type (2021-2032)
  • 10.2 South America Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity by Application (2021-2032)
  • 10.3 South America Vitamin B12 (Cobalamin, Cyanocobalamin) Market Size by Country
    • 10.3.1 South America Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity by Country (2021-2032)
    • 10.3.2 South America Vitamin B12 (Cobalamin, Cyanocobalamin) Consumption Value by Country (2021-2032)
    • 10.3.3 Brazil Market Size and Forecast (2021-2032)
    • 10.3.4 Argentina Market Size and Forecast (2021-2032)

11 Middle East & Africa

  • 11.1 Middle East & Africa Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity by Type (2021-2032)
  • 11.2 Middle East & Africa Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity by Application (2021-2032)
  • 11.3 Middle East & Africa Vitamin B12 (Cobalamin, Cyanocobalamin) Market Size by Country
    • 11.3.1 Middle East & Africa Vitamin B12 (Cobalamin, Cyanocobalamin) Sales Quantity by Country (2021-2032)
    • 11.3.2 Middle East & Africa Vitamin B12 (Cobalamin, Cyanocobalamin) Consumption Value by Country (2021-2032)
    • 11.3.3 Turkey Market Size and Forecast (2021-2032)
    • 11.3.4 Egypt Market Size and Forecast (2021-2032)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2021-2032)
    • 11.3.6 South Africa Market Size and Forecast (2021-2032)

12 Market Dynamics

  • 12.1 Vitamin B12 (Cobalamin, Cyanocobalamin) Market Drivers
  • 12.2 Vitamin B12 (Cobalamin, Cyanocobalamin) Market Restraints
  • 12.3 Vitamin B12 (Cobalamin, Cyanocobalamin) Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Vitamin B12 (Cobalamin, Cyanocobalamin) and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Vitamin B12 (Cobalamin, Cyanocobalamin)
  • 13.3 Vitamin B12 (Cobalamin, Cyanocobalamin) Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Vitamin B12 (Cobalamin, Cyanocobalamin) Typical Distributors
  • 14.3 Vitamin B12 (Cobalamin, Cyanocobalamin) Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Vitamin B12 (Cobalamin, Cyanocobalamin). Industry analysis & Market Report on Vitamin B12 (Cobalamin, Cyanocobalamin) is a syndicated market report, published as Global Vitamin B12 (Cobalamin, Cyanocobalamin) Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Vitamin B12 (Cobalamin, Cyanocobalamin) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

    Last updated on

    REPORT YOU MIGHT BE INTERESTED

    Purchase this Report

    $3,480.00
    $5,220.00
    $6,960.00
    2,690.04
    4,035.06
    5,380.08
    3,239.88
    4,859.82
    6,479.76
    531,361.20
    797,041.80
    1,062,722.40
    293,712.00
    440,568.00
    587,424.00
    Credit card Logo

    Related Reports


    Reason to Buy

    Request for Sample of this report