Vitamin B2, also known as riboflavin, is an essential vitamin that the body needs in order to produce energy, metabolize carbohydrates and fats, and maintain healthy skin and eyes. It is found in a variety of foods, including dairy products, eggs, green leafy vegetables, legumes, mushrooms, and fortified cereals. Vitamin B2 is also available as a supplement.
Riboflavin is an important nutrient for human health, but many people around the world do not get enough of it in their diets. A lack of riboflavin can lead to anemia, skin lesions, and nerve damage. In developing countries, riboflavin deficiency is especially common, partly due to the lack of access to fortified foods and dietary supplements. However, riboflavin deficiency is also seen in industrialized nations, particularly among people with malabsorptive disorders, alcoholics, and the elderly.
The global Vitamin B2 (Riboflavin) market was valued at US$ 9442.4 million in 2022 and is anticipated to reach US$ 13070 million by 2029, witnessing a CAGR of 4.7% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Vitamin B2 (Riboflavin) Market available at: https://www.themarketreports.com/report/global-vitamin-b2-riboflavin-market-research-report
This report aims to provide a comprehensive presentation of the global market for Vitamin B2 (Riboflavin), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vitamin B2 (Riboflavin).
Global Vitamin B2 (Riboflavin) main players are Guangji Pharmaceutical, DSM, BASF, Shanghai Acebright Pharmaceuticals, etc. Global top four manufacturers hold a share over 80%. Asia-Pacific is the largest market, with a share nearly 40%.
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