Global Vitamin B-complex Ingredients Market 2024-2028

PUBLISHED: February 1, 2024

PAGES: 163 Pages

DELIVERY TIME: 1-2 business days

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The vitamin B-complex ingredients market is forecasted to grow by USD 790.27 mn during 2023-2028, accelerating at a CAGR of 4.7% during the forecast period. The report on the vitamin B-complex ingredients market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing health and wellness awareness, rising consumer preference for fortified foods, and a vast prevalence of vitamin B preferences.

Technavio's vitamin B-complex ingredients market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	3.8%
CAGR	4.7%
Incremental Value	$790.27mn

By Distribution Channel

Offline
Online

By End-user

Nutraceuticals and dietary supplements
Food and beverage industry
Pharmaceuticals
Cosmetics and personal care
Animal feed

By Geographical Landscape

North America
Europe
Asia
Rest of World (ROW)

This study identifies the increasing demand for nutritional supplements as one of the prime reasons driving the vitamin B-complex ingredients market growth during the next few years. Also, rising innovation and product development and rising demand for natural and organic sources will lead to sizable demand in the market.

The report on the vitamin B-complex ingredients market covers the following areas:

Vitamin B-complex ingredients market sizing
Vitamin B-complex ingredients market forecast
Vitamin B-complex ingredients market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading vitamin B-complex ingredients market vendors that include BASF SE, Bayer AG, Blackmores Ltd., Country Life Vitamins LLC, GNC Holdings LLC, Haleon Plc, Jarrow Formulas Inc., Koninklijke DSM NV, Life Extension Foundation Buyers Club Inc., Lonza Group Ltd., Nestle SA, NOW Health Group Inc., Nutricost, Otsuka Holdings Co. Ltd., Solgar Inc., Swanson Health Products Inc., Swisse Wellness Pty Ltd., Thorne HealthTech Inc., Vitabiotics Ltd., and WN Pharmaceuticals Ltd. Also, the vitamin B-complex ingredients market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR77342

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Global vitamin B-complex ingredients market 2018 - 2022
4.2 Distribution Channel Segment Analysis 2018 - 2022
4.3 End-user Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Distribution Channel

6.1 Market segments
6.2 Comparison by Distribution Channel
6.3 Offline - Market size and forecast 2023-2028
6.4 Online - Market size and forecast 2023-2028
6.5 Market opportunity by Distribution Channel

7 Market Segmentation by End-user

7.1 Market segments
7.2 Comparison by End-user
7.3 Nutraceuticals and dietary supplements - Market size and forecast 2023-2028
7.4 Food and beverage industry - Market size and forecast 2023-2028
7.5 Pharmaceuticals - Market size and forecast 2023-2028
7.6 Cosmetics and personal care - Market size and forecast 2023-2028
7.7 Animal feed - Market size and forecast 2023-2028
7.8 Market opportunity by End-user

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation
9.2 Geographic comparison
9.3 North America - Market size and forecast 2023-2028
9.4 Europe - Market size and forecast 2023-2028
9.5 Asia - Market size and forecast 2023-2028
9.6 Rest of World (ROW) - Market size and forecast 2023-2028
9.7 US - Market size and forecast 2023-2028
9.8 China - Market size and forecast 2023-2028
9.9 Germany - Market size and forecast 2023-2028
9.10 UK - Market size and forecast 2023-2028
9.11 Canada - Market size and forecast 2023-2028
9.12 Market opportunity By Geographical Landscape

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 BASF SE
12.4 Bayer AG
12.5 Blackmores Ltd.
12.6 Country Life Vitamins LLC
12.7 GNC Holdings LLC
12.8 Jarrow Formulas Inc.
12.9 Koninklijke DSM NV
12.10 Lonza Group Ltd.
12.11 Nestle SA
12.12 NOW Health Group Inc.
12.13 Otsuka Holdings Co. Ltd.
12.14 Solgar Inc.
12.15 Thorne HealthTech Inc.
12.16 Vitabiotics Ltd.
12.17 WN Pharmaceuticals Ltd.

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations

Product Code: IRTNTR77342

Exhibits:

Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Global Market Characteristics
Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits5: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibits6: Executive Summary - Chart on Market Segmentation by End-user
Exhibits7: Executive Summary - Chart on Incremental Growth
Exhibits8: Executive Summary - Data Table on Incremental Growth
Exhibits9: Executive Summary - Chart on Vendor Market Positioning
Exhibits10: Parent market
Exhibits11: Market Characteristics
Exhibits12: Offerings of vendors included in the market definition
Exhibits13: Market segments
Exhibits14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits18: Historic Market Size - Data Table on global vitamin b-complex ingredients market 2018 - 2022 ($ million)
Exhibits19: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
Exhibits20: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits23: Five forces analysis - Comparison between 2023 and 2028
Exhibits24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits29: Chart on Market condition - Five forces 2023 and 2028
Exhibits30: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibits31: Data Table on Distribution Channel - Market share 2023-2028 (%)
Exhibits32: Chart on Comparison by Distribution Channel
Exhibits33: Data Table on Comparison by Distribution Channel
Exhibits34: Chart on Offline - Market size and forecast 2023-2028 ($ million)
Exhibits35: Data Table on Offline - Market size and forecast 2023-2028 ($ million)
Exhibits36: Chart on Offline - Year-over-year growth 2023-2028 (%)
Exhibits37: Data Table on Offline - Year-over-year growth 2023-2028 (%)
Exhibits38: Chart on Online - Market size and forecast 2023-2028 ($ million)
Exhibits39: Data Table on Online - Market size and forecast 2023-2028 ($ million)
Exhibits40: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibits41: Data Table on Online - Year-over-year growth 2023-2028 (%)
Exhibits42: Market opportunity by Distribution Channel ($ million)
Exhibits43: Data Table on Market opportunity by Distribution Channel ($ million)
Exhibits44: Chart on End-user - Market share 2023-2028 (%)
Exhibits45: Data Table on End-user - Market share 2023-2028 (%)
Exhibits46: Chart on Comparison by End-user
Exhibits47: Data Table on Comparison by End-user
Exhibits48: Chart on Nutraceuticals and dietary supplements - Market size and forecast 2023-2028 ($ million)
Exhibits49: Data Table on Nutraceuticals and dietary supplements - Market size and forecast 2023-2028 ($ million)
Exhibits50: Chart on Nutraceuticals and dietary supplements - Year-over-year growth 2023-2028 (%)
Exhibits51: Data Table on Nutraceuticals and dietary supplements - Year-over-year growth 2023-2028 (%)
Exhibits52: Chart on Food and beverage industry - Market size and forecast 2023-2028 ($ million)
Exhibits53: Data Table on Food and beverage industry - Market size and forecast 2023-2028 ($ million)
Exhibits54: Chart on Food and beverage industry - Year-over-year growth 2023-2028 (%)
Exhibits55: Data Table on Food and beverage industry - Year-over-year growth 2023-2028 (%)
Exhibits56: Chart on Pharmaceuticals - Market size and forecast 2023-2028 ($ million)
Exhibits57: Data Table on Pharmaceuticals - Market size and forecast 2023-2028 ($ million)
Exhibits58: Chart on Pharmaceuticals - Year-over-year growth 2023-2028 (%)
Exhibits59: Data Table on Pharmaceuticals - Year-over-year growth 2023-2028 (%)
Exhibits60: Chart on Cosmetics and personal care - Market size and forecast 2023-2028 ($ million)
Exhibits61: Data Table on Cosmetics and personal care - Market size and forecast 2023-2028 ($ million)
Exhibits62: Chart on Cosmetics and personal care - Year-over-year growth 2023-2028 (%)
Exhibits63: Data Table on Cosmetics and personal care - Year-over-year growth 2023-2028 (%)
Exhibits64: Chart on Animal feed - Market size and forecast 2023-2028 ($ million)
Exhibits65: Data Table on Animal feed - Market size and forecast 2023-2028 ($ million)
Exhibits66: Chart on Animal feed - Year-over-year growth 2023-2028 (%)
Exhibits67: Data Table on Animal feed - Year-over-year growth 2023-2028 (%)
Exhibits68: Market opportunity by End-user ($ million)
Exhibits69: Data Table on Market opportunity by End-user ($ million)
Exhibits70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits71: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits73: Chart on Geographic comparison
Exhibits74: Data Table on Geographic comparison
Exhibits75: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits76: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits77: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits78: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits79: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits80: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits81: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits83: Chart on Asia - Market size and forecast 2023-2028 ($ million)
Exhibits84: Data Table on Asia - Market size and forecast 2023-2028 ($ million)
Exhibits85: Chart on Asia - Year-over-year growth 2023-2028 (%)
Exhibits86: Data Table on Asia - Year-over-year growth 2023-2028 (%)
Exhibits87: Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
Exhibits88: Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
Exhibits89: Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
Exhibits90: Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
Exhibits91: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits92: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits93: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits94: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits95: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits96: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits97: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits98: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits99: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits100: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits101: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits103: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibits104: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibits105: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits106: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits107: Chart on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits108: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits109: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibits110: Data Table on Canada - Year-over-year growth 2023-2028 (%)
Exhibits111: Market opportunity By Geographical Landscape ($ million)
Exhibits112: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits113: Impact of drivers and challenges in 2023 and 2028
Exhibits114: Overview on Criticality of inputs and Factors of differentiation
Exhibits115: Overview on factors of disruption
Exhibits116: Impact of key risks on business
Exhibits117: Vendors covered
Exhibits118: Matrix on vendor position and classification
Exhibits119: BASF SE - Overview
Exhibits120: BASF SE - Business segments
Exhibits121: BASF SE - Key news
Exhibits122: BASF SE - Key offerings
Exhibits123: BASF SE - Segment focus
Exhibits124: Bayer AG - Overview
Exhibits125: Bayer AG - Business segments
Exhibits126: Bayer AG - Key news
Exhibits127: Bayer AG - Key offerings
Exhibits128: Bayer AG - Segment focus
Exhibits129: Blackmores Ltd. - Overview
Exhibits130: Blackmores Ltd. - Business segments
Exhibits131: Blackmores Ltd. - Key offerings
Exhibits132: Blackmores Ltd. - Segment focus
Exhibits133: Country Life Vitamins LLC - Overview
Exhibits134: Country Life Vitamins LLC - Product / Service
Exhibits135: Country Life Vitamins LLC - Key offerings
Exhibits136: GNC Holdings LLC - Overview
Exhibits137: GNC Holdings LLC - Product / Service
Exhibits138: GNC Holdings LLC - Key offerings
Exhibits139: Jarrow Formulas Inc. - Overview
Exhibits140: Jarrow Formulas Inc. - Product / Service
Exhibits141: Jarrow Formulas Inc. - Key offerings
Exhibits142: Koninklijke DSM NV - Overview
Exhibits143: Koninklijke DSM NV - Business segments
Exhibits144: Koninklijke DSM NV - Key news
Exhibits145: Koninklijke DSM NV - Key offerings
Exhibits146: Koninklijke DSM NV - Segment focus
Exhibits147: Lonza Group Ltd. - Overview
Exhibits148: Lonza Group Ltd. - Business segments
Exhibits149: Lonza Group Ltd. - Key news
Exhibits150: Lonza Group Ltd. - Key offerings
Exhibits151: Lonza Group Ltd. - Segment focus
Exhibits152: Nestle SA - Overview
Exhibits153: Nestle SA - Business segments
Exhibits154: Nestle SA - Key news
Exhibits155: Nestle SA - Key offerings
Exhibits156: Nestle SA - Segment focus
Exhibits157: NOW Health Group Inc. - Overview
Exhibits158: NOW Health Group Inc. - Product / Service
Exhibits159: NOW Health Group Inc. - Key offerings
Exhibits160: Otsuka Holdings Co. Ltd. - Overview
Exhibits161: Otsuka Holdings Co. Ltd. - Business segments
Exhibits162: Otsuka Holdings Co. Ltd. - Key offerings
Exhibits163: Otsuka Holdings Co. Ltd. - Segment focus
Exhibits164: Solgar Inc. - Overview
Exhibits165: Solgar Inc. - Product / Service
Exhibits166: Solgar Inc. - Key offerings
Exhibits167: Thorne HealthTech Inc. - Overview
Exhibits168: Thorne HealthTech Inc. - Key offerings
Exhibits169: Vitabiotics Ltd. - Overview
Exhibits170: Vitabiotics Ltd. - Product / Service
Exhibits171: Vitabiotics Ltd. - Key offerings
Exhibits172: WN Pharmaceuticals Ltd. - Overview
Exhibits173: WN Pharmaceuticals Ltd. - Product / Service
Exhibits174: WN Pharmaceuticals Ltd. - Key offerings
Exhibits175: Inclusions checklist
Exhibits176: Exclusions checklist
Exhibits177: Currency conversion rates for US$
Exhibits178: Research methodology
Exhibits179: Validation techniques employed for market sizing
Exhibits180: Information sources
Exhibits181: List of abbreviations