Cyanocobalamin Market


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Uploaded on Nov 4, 2020

Cyanocobalamin Market

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Cyanocobalamin Market

Cyanocobalamin Market To Reach USD 210.4 Billion By 2027 www.reportsanddata.com Market TSheu gromwinmg heaalthr cyoncern and changing lifestyle and dietary habits are driving the demand for the Cyanocobalamin market. Market Size – USD 152.1 Million in 2018, Market Growth - CAGR of 3.6%, Market Trends – Rising trend of veganism. The global Cyanocobalamin market is forecast to reach USD 210.4 Billion by 2027, according to a new report by Reports and Data. Cyanocobalamin drugs are used to treat and prevent the lack of vitamin B12 that may be caused by due to pernicious anemia, certain infections, diseases, or medications that reduce the level of Vitamin B12 absorbed from food; or a vegan diet. A deficiency in the key vitamin can cause severe symptoms, including nerve damage, fatigue, neurological problems, and digestive issues, like depression and memory loss. Therefore, many people turn to vitamin B12 supplements to help meet their needs and prevent a deficiency. www.reportsanddata.com Market RSapuid umrbanimzatioan anrdy a rise in disposable income coupled with an increase in awareness regarding health issues are the factors driving the market growth during the forecast period. Rising prevalence of depression, paranoia, and memory loss is also propelling the demand for Vitamin B12. Favorable outlook towards medical nutrition will also drive the demand for the Cyanocobalamin. Further key findings from the report suggest- • Tablet is the most commonly used type of Cyanocobalamin supplement due to the cost- effectiveness and easy packaging techniques. Tablets are highly preferred by consumers owing to their easy material packing and extended shelf life. • In the food and beverage industry, Cyanocobalamin is used to fortify in various food and beverage products as it is tasteless and odorless, and does not impact the previous taste and odor of the food products. The demand for a fortified food product is rising in the food and beverage sector owing to rise in health awareness among the population. Avail the inside scoop of the Sample report @ https://www.reportsanddata.com/sample-enquiry-form/2702 www.reportsanddata.com Market Summary Companies considered and profiled in this market study Apotheca Inc., Merck KGaA, Charkit Chemical Company LLC, Johnlee Pharmaceuticals Pvt. Ltd., American Regent, Inc., Koninklijke DSM N.V., Chemkart, Bristol-Myers Squibb, Sanofi-Aventis, and Pfizer, among others. For the purpose of this report, Reports and Data have segmented into the global Cyanocobalamin market on the basis of grade, form, end-use, distribution channel, and region: Grade Outlook (Revenue, USD Million; 2016-2027) • Food Grade • Pharmaceutical Grade Form Outlook (Revenue, USD Million; 2016-2027) • Powder • Liquid • Capsule • Tablets Distribution Channel Outlook (Revenue, USD Million; 2016-2027) • Online Retailing • Store-based Retailing www.reportsanddata.com Market Summary End-Use Outlook (Revenue, USD Million; 2016-2027) • Food Industry • Nutraceuticals • Pharmaceutical • Dietary Supplements Regional Outlook (Revenue in USD Million; 2016–2026) • North America • Europe • Asia Pacific • Latin America • Middle East and Africa (MEA) Browse full report @ https://www.reportsanddata.com/report-detail/cyanocobalamin-market www.reportsanddata.com About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts Contact US across demographics, across industries and help client’s make a smarter business decision. John Watson We offer market intelligence studies ensuring relevant Head of Business Development and fact-based research across a multiple industries Reports And Data | Web: including Healthcare, Technology, Chemicals, Power, and www.reportsanddata.com Energy. We consistently update our research offerings Direct Line: +1-212-710-1370 to ensure our clients are aware about the latest trends E-mail: [email protected] existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. www.reportsanddata.com