Global Vegan B12 Supplement Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Vegan B12 Supplement market size was valued at US$ 229 million in 2024 and is forecast to a readjusted size of USD 287 million by 2031 with a CAGR of 3.3% during review period.
The vegan B12 supplement market has been experiencing significant growth in recent years, driven by the increasing adoption of vegan and vegetarian diets. B12 is primarily found in animal-based products, making it challenging for vegans to obtain sufficient levels of this essential nutrient from their diet alone. As a result, the demand for vegan B12 supplements has been steadily rising.The vegan B12 supplement market is witnessing strong growth across various regions, including North America, Europe, and Asia-Pacific. North America currently holds the largest market share, driven by the high prevalence of vegan and vegetarian diets in countries like the United States and Canada. Europe is also a significant market for vegan B12 supplements, with countries like Germany, the United Kingdom, and France leading the demand. The Asia-Pacific region is expected to witness the fastest growth, fueled by the increasing adoption of veganism and vegetarianism in countries like India, China, and Japan.The vegan B12 supplement market is highly fragmented, with numerous players operating in the industry. The vegan B12 supplement market presents several opportunities for growth. The rising awareness about the importance of B12 supplementation among vegans and vegetarians is a key driver for market expansion. Additionally, the increasing availability of vegan B12 supplements through online retail channels and health food stores is expected to boost market growth. Moreover, the growing trend of personalized nutrition and the development of innovative delivery formats, such as gummies and sprays, present opportunities for market players to cater to a wider consumer base.Despite the positive market outlook, the vegan B12 supplement market also faces certain challenges. One of the primary challenges is the lack of awareness among vegans and vegetarians about the need for B12 supplementation. Many individuals following plant-based diets may not be aware of the potential health risks associated with B12 deficiency, leading to lower demand for supplements. Additionally, the availability of plant-based food fortified with B12, such as plant-based milk and cereals, may reduce the perceived need for supplements among some consumers. Moreover, the presence of counterfeit products and the lack of regulatory standards in some regions pose challenges to market growth.
This report is a detailed and comprehensive analysis for global Vegan B12 Supplement market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Channel. 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 Vegan B12 Supplement market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Vegan B12 Supplement market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Vegan B12 Supplement market size and forecasts, by Type and by Channel, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Vegan B12 Supplement market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
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 Vegan B12 Supplement
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 Vegan B12 Supplement 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 Live Conscious, Future Kind, HUM Nutrition, MegaFood, Global Healing, Naturelo, Deva, MaryRuth’s, Garden of Life, EZ Melts, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Vegan B12 Supplement market is split by Type and by Channel. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Channel in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Capsule
Spray
Others
Market segment by Channel
Offline Sales
Online Sales
Major players covered
Live Conscious
Future Kind
HUM Nutrition
MegaFood
Global Healing
Naturelo
Deva
MaryRuth’s
Garden of Life
EZ Melts
Vivo Life
Puritan's Pride
Live Well Nationwide
Omvits
Ergomax
EVO Nutrition
Nuevita
Sealions
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 Vegan B12 Supplement product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Vegan B12 Supplement, with price, sales quantity, revenue, and global market share of Vegan B12 Supplement from 2020 to 2025.
Chapter 3, the Vegan B12 Supplement competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Vegan B12 Supplement breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Channel, with sales market share and growth rate by Type, by Channel, from 2020 to 2031.
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 2020 to 2025.and Vegan B12 Supplement market forecast, by regions, by Type, and by Channel, with sales and revenue, from 2026 to 2031.
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 Vegan B12 Supplement.
Chapter 14 and 15, to describe Vegan B12 Supplement sales channel, distributors, customers, research findings and conclusion.
The vegan B12 supplement market has been experiencing significant growth in recent years, driven by the increasing adoption of vegan and vegetarian diets. B12 is primarily found in animal-based products, making it challenging for vegans to obtain sufficient levels of this essential nutrient from their diet alone. As a result, the demand for vegan B12 supplements has been steadily rising.The vegan B12 supplement market is witnessing strong growth across various regions, including North America, Europe, and Asia-Pacific. North America currently holds the largest market share, driven by the high prevalence of vegan and vegetarian diets in countries like the United States and Canada. Europe is also a significant market for vegan B12 supplements, with countries like Germany, the United Kingdom, and France leading the demand. The Asia-Pacific region is expected to witness the fastest growth, fueled by the increasing adoption of veganism and vegetarianism in countries like India, China, and Japan.The vegan B12 supplement market is highly fragmented, with numerous players operating in the industry. The vegan B12 supplement market presents several opportunities for growth. The rising awareness about the importance of B12 supplementation among vegans and vegetarians is a key driver for market expansion. Additionally, the increasing availability of vegan B12 supplements through online retail channels and health food stores is expected to boost market growth. Moreover, the growing trend of personalized nutrition and the development of innovative delivery formats, such as gummies and sprays, present opportunities for market players to cater to a wider consumer base.Despite the positive market outlook, the vegan B12 supplement market also faces certain challenges. One of the primary challenges is the lack of awareness among vegans and vegetarians about the need for B12 supplementation. Many individuals following plant-based diets may not be aware of the potential health risks associated with B12 deficiency, leading to lower demand for supplements. Additionally, the availability of plant-based food fortified with B12, such as plant-based milk and cereals, may reduce the perceived need for supplements among some consumers. Moreover, the presence of counterfeit products and the lack of regulatory standards in some regions pose challenges to market growth.
This report is a detailed and comprehensive analysis for global Vegan B12 Supplement market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Channel. 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 Vegan B12 Supplement market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Vegan B12 Supplement market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Vegan B12 Supplement market size and forecasts, by Type and by Channel, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Vegan B12 Supplement market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
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 Vegan B12 Supplement
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 Vegan B12 Supplement 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 Live Conscious, Future Kind, HUM Nutrition, MegaFood, Global Healing, Naturelo, Deva, MaryRuth’s, Garden of Life, EZ Melts, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Vegan B12 Supplement market is split by Type and by Channel. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Channel in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Capsule
Spray
Others
Market segment by Channel
Offline Sales
Online Sales
Major players covered
Live Conscious
Future Kind
HUM Nutrition
MegaFood
Global Healing
Naturelo
Deva
MaryRuth’s
Garden of Life
EZ Melts
Vivo Life
Puritan's Pride
Live Well Nationwide
Omvits
Ergomax
EVO Nutrition
Nuevita
Sealions
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 Vegan B12 Supplement product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Vegan B12 Supplement, with price, sales quantity, revenue, and global market share of Vegan B12 Supplement from 2020 to 2025.
Chapter 3, the Vegan B12 Supplement competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Vegan B12 Supplement breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Channel, with sales market share and growth rate by Type, by Channel, from 2020 to 2031.
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 2020 to 2025.and Vegan B12 Supplement market forecast, by regions, by Type, and by Channel, with sales and revenue, from 2026 to 2031.
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 Vegan B12 Supplement.
Chapter 14 and 15, to describe Vegan B12 Supplement sales channel, distributors, customers, research findings and conclusion.
Table of Contents
143 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Vegan B12 Supplement by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Channel
- 7 North America
- 8 Europe
- 9 Asia-Pacific
Pricing
Currency Rates
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