Nordic Vitamin B12 Market Size & Outlook, 2025-2033
Nordic Vitamin B12 Market Insights
- As per Deep Market Insights insights, the Nordic Vitamin B12 Market stood at USD 2.13 Million in 2024 and is anticipated to grow to USD 3.81 Million by 2033.
- The Nordic market is expected to advance at a CAGR of 6.63% from 2026 through 2033.
- In 2024, Cyanocobalamin accounted for the highest share of the Form market size.
- During the forecast period, Methylcobalamin is set to register the highest growth, making it the most lucrative Form segment.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- Nordic contributed 1.02% to the global Vitamin B12 Market size in 2024.
- By 2033, United States is forecasted to remain the largest global market for Vitamin B12 Market.
- In Europe, Germany is projected to capture the leading share of market size by 2033.
- Among Europe markets, Russia is expected to post the fastest growth, reaching USD 6.21 Million by 2033.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2033 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 2.13 Million |
| Market Size In 2033 | USD 3.81 Million |
| Largest segment | Cyanocobalamin |
| Units | Revenue in USD Million |
| CAGR | 6.63% (2025-2033) |
| Segmnetation Covered | |
| Form |
|
| Application |
|
| Route |
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| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Nordic Vitamin B12 Market Form 2025-2033 (USD Million)
| Form | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cyanocobalamin | XX.x | XX.x | XX.x | 0.99 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Methylcobalamin | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Hydroxocobalamin | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Nordic Vitamin B12 Market Application 2025-2033 (USD Million)
| Application | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Pharma | XX.x | XX.x | XX.x | 1.06 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Supplements | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Fortified food | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Nordic Vitamin B12 Market Route 2025-2033 (USD Million)
| Route | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Oral | XX.x | XX.x | XX.x | 1.18 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Injectable | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Sublingual | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.