The Riboflavin, also known as vitamin B2, is a vitamin found in food and used as a dietary supplement. As a supplement it is used to prevent and treat riboflavin deficiency and prevent migraines. It can be used as a therapeutic mouth, eyes and genital inflammation APIs. Riboflavin application is very extensive in the clinical treatment, food industry, feed industry and has important value in cosmetic industry and so on.
China market price of riboflavin is expected to enlarger in recent years. With long-term over-supply of riboflavin, the future price trend depends on the inventories of leading companies.
The most widely used riboflavin include: Content 80% Vitamin B2, Content 80%~96% Vitamin B2 and Content 98%~102% Vitamin B2. For Content 80% Vitamin B2, it mainly used in feed additives and account for about 68.04% of the market share.
Riboflavin is mainly used as additives, such as feed additives, food additives, and also pharmaceutical industry. As everybody understanding of riboflavin medicinal value growing, cosmetics industry is becoming the part of riboflavin. Among them, the feed additive account for about 70.96% of the market share.
Market Analysis and Insights: Global Vitamin B2 (Riboflavin) Market
The global Vitamin B2 (Riboflavin) market was valued at US$ 8581.1 million in 2019 and it is expected to reach US$ 11880 million by the end of 2026, growing at a CAGR of 4.7% during 2021-2026.
Global Vitamin B2 (Riboflavin) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Vitamin B2 (Riboflavin) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Content
80% Vitamin B2
80%~96% Vitamin B2
98%~102% Vitamin B2
Segment by Application
Feed Additives
Food Additives
Pharmaceutical & Cosmetic
By Company
Guangji Pharmaceutical
DSM
BASF
Shanghai Acebright Pharmaceuticals
NB GROUP
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
China market price of riboflavin is expected to enlarger in recent years. With long-term over-supply of riboflavin, the future price trend depends on the inventories of leading companies.
The most widely used riboflavin include: Content 80% Vitamin B2, Content 80%~96% Vitamin B2 and Content 98%~102% Vitamin B2. For Content 80% Vitamin B2, it mainly used in feed additives and account for about 68.04% of the market share.
Riboflavin is mainly used as additives, such as feed additives, food additives, and also pharmaceutical industry. As everybody understanding of riboflavin medicinal value growing, cosmetics industry is becoming the part of riboflavin. Among them, the feed additive account for about 70.96% of the market share.
Market Analysis and Insights: Global Vitamin B2 (Riboflavin) Market
The global Vitamin B2 (Riboflavin) market was valued at US$ 8581.1 million in 2019 and it is expected to reach US$ 11880 million by the end of 2026, growing at a CAGR of 4.7% during 2021-2026.
Global Vitamin B2 (Riboflavin) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Vitamin B2 (Riboflavin) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Content
80% Vitamin B2
80%~96% Vitamin B2
98%~102% Vitamin B2
Segment by Application
Feed Additives
Food Additives
Pharmaceutical & Cosmetic
By Company
Guangji Pharmaceutical
DSM
BASF
Shanghai Acebright Pharmaceuticals
NB GROUP
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
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