Cyanocobalamin Market to be worth US$ 211.08 billion in 2027

1. Market Research Report EXCLUSIVE EDITION Global Cyanocobalamin Market Report Opportunities, and Forecast By 2027 Global Industry Analysis, Forecast and Trends, 2027 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

2. Global Cyanocobalamin Market © 2020 Statsville Consulting Private Limited Market Statsville Group (MSG) A part of Statsville Consulting Private Limited American Office American Office – 800 Third Avenue Suite A #1519 New York, NY 10022 EMEA EMEA– 1165 Budapest 16 Diósy Lajos u. 24., Europe Asia Asia- -Pacific Office Pacific Office – F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 www.marketstatsville.com Disclaimer Disclaimer: : Any information and/or material provided by Statsville Consulting Private Limited, including any and all the analysis and/or research from Market Statsville Group (MSG), is offered to a selected group of customers in response to orders for such information, material, analysis, and/or research. As a customer of Statsville Consulting, you acknowledge that our information, material, and/or services are for your internal use only, and not for any external use and/or dissemination, or general publication, and/or disclosure to any third parties. Any and all the information and/or material provided by Statsville Consulting are based on primary interviews and/or secondary research, and are, therefore, subject to fluctuation and variance. Statsville Consulting takes no responsibility for any incorrect information and/or material supplied to us by sources we rely on, and no part of our analysis or research may be given, lent, resold, or disclosed to any third parties, including non-customers, without explicit or written permission from Statsville Consulting. Unauthorized reproduction and/or transmission of our information, material, analysis, and/or research in any form and by any means, including photocopying, mechanical/electronic recording,or otherwise, without the explicit and written permission of Statsville Consulting, is expressly and clearly prohibited. Any use of the information, material, analysis, and/or research provided by Statsville Consulting is at your sole risk; you acknowledge that the information, material, analysis, and/or research is provided “as is” and that Statsville Consulting provides no warranty of any kind, express or implied, with regard to the information, material, analysis, and/or research, including but not limited to, merchantability and fitness for any purpose and/or use. At the end, Statsville Consulting will be responsiblefor the final decision of any action. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

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4. RESEARCH PROCESS Our research is an optimum culmination of secondary and primary research, with the latter playing a major role. We also have an in-house repository and access to a number of external regional and global paid databases to help address specific requirements of our clients. The research process begins with a holistic secondary research, followed by expert interviews. The information gathered is then comprehensively analyzed by our highly experienced in-house research panel © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

5. Cyanocobalamin Market 2021: Industry Size, Regions, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2027 Cyanocobalamin Market: by Shape (Capsule, Powder, Liquid, and Tablets), by Class (Pharmaceutical and Food), by End-User (Nutraceuticals, Dietary Supplements, Food Industry, and Pharmaceutical), by Distribution Channel (Store-Based Retailing and Online Retailing), by Region — Global Industry Sizing, Growth, Trend, Opportunity, and Forecast (2021-2027) Description The global cyanocobalamin market or global cyanocobalamin (vitamin B12) market size is expected to grow from USD 160.79 billion in 2020 to USD 211.08 billion in 2027, with a CAGR of 3.9% during the forecast period (2021-2027). The deficiency of vitamin B12 among vegan consumers is the main reason for the growth of the cyanocobalamin market. Cyanocobalamin is a form of vitamin B12. Pure vegan products push vegan people towards anemia diseases, which leads to the deficiency of vitamin B12. The patients suffering from anemia diseases are in a state of urgent requirement of vitamin B12. Moreover, it leads to a rise in the cyanocobalamin market. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

6. Factors Affecting the Cyanocobalamin Industry Over the Forecast Period: •Following a vegan diet, changing lifestyle, habits, and concerning health are some reasons leading to the growth of the cyanocobalamin market. •Infections, nerve damage, anemia diseases, fatigue, depression, digestive problems, and memory loss are some symptoms that occur due to the lack of vitamin B12, which increases the demand for cyanocobalamin supplements. •The major challenges for the cyanocobalamin market are better health products with fewer side effects, branding of a product, low cost, expansion of business, promotional business strategies, and others. •The chances of growth in this market are comparatively due to the increasing health-consciousness to improve their immunity. Request Sample Copy of this Report: https://www.marketstatsville.com/request- sample/cyanocobalamin-market Impact of COVID-19 on Cyanocobalamin Market: The crisis of the COVID-19 situation has been a driver of the growth in health products, especially in the vitamins market. Cyanocobalamin has witnessed considerable growth amidst the crisis, backed by the rising demand for medicinal products to boost immunity. Therefore, a considerable rise in global sales of cyanocobalamin is estimated by the end of 2020. Post COVID-19 pandemic, the demand for cyanocobalamin is expected to remain constant during the forecast period. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 6

7. Scope of the Report The report shows the outlook of cyanocobalamin market study based on the shape, class, end-users, and distribution channel. Direct Purchase Report: https://www.marketstatsville.com/buy- now/cyanocobalamin-market?opt=2950 Based on the shape, the cyanocobalamin market has been divided into- •Capsule •Power •Liquid •Tablets Based on the class, the cyanocobalamin market has been divided into- •Pharmaceutical •Food Based on the end-users, the cyanocobalamin market has been divided into- •Nutraceuticals •Dietary Supplements •Food Industry •Pharmaceutical © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 7

8. Based on the distribution channel, the cyanocobalamin market has been divided into- •Store-Based Retailing •Online Retailing Cyanocobalamin Market: Regional Outlook The global cyanocobalamin market has been divided into five regions respectively; North America, Europe, Asia Pacific, Middle East & Africa, and South America. Out of these, North America held the largest share in the global cyanocobalamin market in 2020, followed by Europe and the Asia Pacific. North America is quite expected to dominate in the coming years and has the largest share in producing vitamin B12 products. Secondly, the Asia Pacific and Europe are expected to record the highest growth share in the coming years. The Asia Pacific and Europe have the largest share in the consumption of vitamin B12 products. Moreover, these countries are leading to the growth of the vitamin B12 (cyanocobalamin) market. Key Global Cyanocobalamin Market Competitors Includes – The cyanocobalamin market has a presence of a few market players across the globe. The key cyanocobalamin players operating in the global market include – © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 8

9. •ANGELINI •Bayer HealthCare •Biological E •Bristol-Myers Squibb •CCEPCD •Endo International •Huaxin Pharmaceutical •Jamieson •Luitpold Pharmaceuticals •Merck •Mylan •Pfizer •Sanofi-Aventis •Teva (Actavis). The cyanocobalamin market report provides a thorough analysis of macroeconomic factors and every segment’s market attractiveness. The report will include an in-depth qualitative and quantitative assessment of the segmental/regional outlook with the market player’s presence in the respective segment and region/country. The information concluded in the report includes the inputs. Access full Report Description, TOC, Table of Figure, Chart, etc: https://www.marketstatsville.com/table-of-content/cyanocobalamin-market © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 9

10. Cyanocobalamin Market Report Covers Comprehensive Analysis On: •Market Segmentation & Regional Analysis •Market Size of 10 years •Pricing Analysis •Supply & Demand Analysis •Product Life Cycle Analysis •Porter's Five Forces & Value Chain Analysis •Developed & Emerging Economies Analysis •PEST Analysis •Market and Forecast Factor Analysis •Market Opportunities, Risks, & Trends •Conclusion & Recommendation •Regulatory Landscape •Patent Analysis •Competition Landscape •15+ Company Profiles Request For Report Description: https://www.marketstatsville.com/cyanocobalamin- market © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 10

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