Vitamin B2 (Riboflavin) Market Size, Share & Trends Analysis Report By Type, By Application, and Segment Forecasts, 2021 - 2027

In 2020, the global Vitamin B2 (Riboflavin) market size was US$ 9016.7 million and it is expected to reach US$ 12440 million by the end of 2027, with a Compound Annual Growth Rate (CAGR)  of 4.7% during 2021-2027. Global Vitamin B2 (Riboflavin) main players are Guangji Pharmaceutical, DSM, BASF, Shanghai Acebright Pharmaceuticals, etc. Global top four manufacturers hold a share of over 80%. Asia-Pacific is the largest market, with a share of nearly 40%.

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 the cosmetic industry and so on.

China's market price of riboflavin is expected to enlarger in recent years. With the 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, the cosmetics industry is becoming a part of riboflavin. Among them, the feed additive accounts for about 70.96% of the market share.

Vitamin B2 (Riboflavin) market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Vitamin B2 (Riboflavin) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.

• Content 80% Vitamin B2
• Content 80%~96% Vitamin B2
• Content 98%~102% Vitamin B2

Vitamin B2 (Riboflavin) Market by Application

• Feed Additives
• Food Additives
• Pharmaceutical & Cosmetic Industry

Vitamin B2 (Riboflavin) Market by Regional and Country- Level Analysis

• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Southeast Asia
• Australia
• Rest of Asia-Pacific
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Rest of Europe
• Latin America
• Mexico
• Brazil
• Rest of Latin America
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE
• Rest of MEA

Top Major Key Players in the Vitamin B2 (Riboflavin) Market

• Guangji Pharmaceutical
• DSM
• BASF
• Shanghai Acebright Pharmaceuticals
• NB GROUP
• Others

Scope of the Vitamin B2 (Riboflavin) Market Report