Product Code: ETC351689 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Vitamins C ingredients are also popular among consumers in the country; they account for 15. 1 percent of overall vitamins and dietary supplement sales annually. According to a survey and latest research firm during 2025, almost 60 percent respondents consumed Vitamin C regularly while 25% used Vitamin C occasionally as part of their health routine or diet regime.
The Philippines vitamin B2 (riboflavin) market is poised for growth driven by factors such as the expanding food and beverage sector, where riboflavin is used as a food additive and colorant. Additionally, the rise in demand for dietary supplements and functional foods promoting eye and skin health will boost the market. The increasing awareness of the benefits of B2 in maintaining energy levels and supporting metabolic processes will further contribute to its market growth.
The vitamin B2 market faces challenges in terms of production scalability and cost-effectiveness. As vitamin B2 is commonly used in animal feed and food fortification, ensuring a stable supply to support the agriculture and food industries becomes crucial.
The COVID-19 pandemic disrupted supply chains, leading to challenges in sourcing raw materials and distributing finished products. The food and beverage sector, a major consumer of vitamin B2, was impacted by lockdowns and reduced consumer spending. However, as the economy reopens and consumer spending improves, the market is projected to recover. Moreover, the growing trend of health-consciousness may drive the demand for products fortified with vitamin B2.
Vitamin B2, also known as riboflavin, plays a crucial role in energy production and metabolism. The Philippines` vitamin B2 market is influenced by its use in dietary supplements and food fortification. The increasing focus on health and wellness has driven the demand for such products. Key players in this market include DSM, BASF, and Lonza Group, among others.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Vitamin B2 Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Vitamin B2 Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Vitamin B2 Market - Industry Life Cycle |
3.4 Philippines Vitamin B2 Market - Porter's Five Forces |
3.5 Philippines Vitamin B2 Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Vitamin B2 Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Vitamin B2 Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of Vitamin B2 |
4.2.2 Growing demand for dietary supplements and fortified food products |
4.2.3 Rise in disposable income leading to higher spending on health and wellness products |
4.3 Market Restraints |
4.3.1 Price fluctuations in raw materials for manufacturing Vitamin B2 |
4.3.2 Stringent regulations and quality control measures in the supplement industry |
4.3.3 Competition from alternative sources of Vitamin B2 like natural food sources |
5 Philippines Vitamin B2 Market Trends |
6 Philippines Vitamin B2 Market, By Types |
6.1 Philippines Vitamin B2 Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Vitamin B2 Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Vitamin B2 Market Revenues & Volume, By Content 80% Vitamin B2, 2021-2031F |
6.1.4 Philippines Vitamin B2 Market Revenues & Volume, By Content 80%~96% Vitamin B2, 2021-2031F |
6.1.5 Philippines Vitamin B2 Market Revenues & Volume, By Content 98%~102% Vitamin B2, 2021-2031F |
6.2 Philippines Vitamin B2 Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Vitamin B2 Market Revenues & Volume, By Feed Additives, 2021-2031F |
6.2.3 Philippines Vitamin B2 Market Revenues & Volume, By Food Additives, 2021-2031F |
6.2.4 Philippines Vitamin B2 Market Revenues & Volume, By Pharmaceutical & Cosmetic Industry, 2021-2031F |
7 Philippines Vitamin B2 Market Import-Export Trade Statistics |
7.1 Philippines Vitamin B2 Market Export to Major Countries |
7.2 Philippines Vitamin B2 Market Imports from Major Countries |
8 Philippines Vitamin B2 Market Key Performance Indicators |
8.1 Number of new product launches containing Vitamin B2 in the Philippines market |
8.2 Consumer satisfaction and repeat purchase rate of Vitamin B2 products |
8.3 Percentage increase in online searches and social media mentions related to Vitamin B2 |
8.4 Growth in the number of health and wellness stores carrying Vitamin B2 products |
9 Philippines Vitamin B2 Market - Opportunity Assessment |
9.1 Philippines Vitamin B2 Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Vitamin B2 Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Vitamin B2 Market - Competitive Landscape |
10.1 Philippines Vitamin B2 Market Revenue Share, By Companies, 2024 |
10.2 Philippines Vitamin B2 Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |