| Product Code: ETC5329997 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Croatia vitamin B12 import market saw significant growth in 2024, with top exporting countries including Netherlands, Slovenia, Turkey, Germany, and Austria. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020-2024 was strong at 15.12%, with a notable growth rate of 29.64% from 2023-2024. This data suggests a robust demand for vitamin B12 in Croatia, with key players dominating the market and driving continued expansion.

The vitamin B12 market in Croatia is expanding due to increasing health awareness and the growing demand for dietary supplements. Vitamin B12 is essential for maintaining healthy nerve function and red blood cell production, making it a popular supplement in the healthcare and wellness industry. In Croatia, the market is driven by the rising prevalence of vitamin deficiencies, the aging population, and the increasing focus on preventive healthcare. The growing popularity of vegan and vegetarian diets, which may lack sufficient vitamin B12, also contributes to market growth.
The vitamin B12 market in Croatia is expanding due to increased health awareness and the rising prevalence of vitamin deficiencies. The demand for dietary supplements and fortified foods is driving the growth of the market, as consumers seek to maintain healthy levels of B12 to support energy production and neurological health.
The vitamin B12 market in Croatia encounters challenges related to ensuring the quality and efficacy of supplements amidst regulatory scrutiny. Fluctuations in raw material availability and prices impact production costs, adding pressure to maintain product affordability. Additionally, competition from alternative vitamin supplements and the need to address consumer awareness and education regarding vitamin B12`s health benefits contribute to market complexity.
The Croatian government promotes public health through policies supporting the availability and production of essential vitamins, including vitamin B12. Financial incentives are available for pharmaceutical companies manufacturing or importing high-quality vitamin B12 supplements.
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 Croatia Vitamin B12 Market Overview |
3.1 Croatia Country Macro Economic Indicators |
3.2 Croatia Vitamin B12 Market Revenues & Volume, 2021 & 2031F |
3.3 Croatia Vitamin B12 Market - Industry Life Cycle |
3.4 Croatia Vitamin B12 Market - Porter's Five Forces |
3.5 Croatia Vitamin B12 Market Revenues & Volume Share, By Dosage Form, 2021 & 2031F |
3.6 Croatia Vitamin B12 Market Revenues & Volume Share, By Route of Administration, 2021 & 2031F |
3.7 Croatia Vitamin B12 Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Croatia Vitamin B12 Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of Vitamin B12 for overall health and well-being |
4.2.2 Growing aging population in Croatia leading to higher demand for Vitamin B12 supplements |
4.2.3 Rise in vegan and vegetarian population seeking Vitamin B12 alternatives |
4.3 Market Restraints |
4.3.1 Limited availability of Vitamin B12 fortified foods in the market |
4.3.2 High cost of Vitamin B12 supplements impacting affordability for some consumers |
4.3.3 Lack of knowledge among the general population about Vitamin B12 deficiency and its symptoms |
5 Croatia Vitamin B12 Market Trends |
6 Croatia Vitamin B12 Market Segmentations |
6.1 Croatia Vitamin B12 Market, By Dosage Form |
6.1.1 Overview and Analysis |
6.1.2 Croatia Vitamin B12 Market Revenues & Volume, By Syrups, 2021-2031F |
6.1.3 Croatia Vitamin B12 Market Revenues & Volume, By Injection, 2021-2031F |
6.1.4 Croatia Vitamin B12 Market Revenues & Volume, By Tablets, 2021-2031F |
6.1.5 Croatia Vitamin B12 Market Revenues & Volume, By Powder, 2021-2031F |
6.1.6 Croatia Vitamin B12 Market Revenues & Volume, By Nasal Spray, 2021-2031F |
6.2 Croatia Vitamin B12 Market, By Route of Administration |
6.2.1 Overview and Analysis |
6.2.2 Croatia Vitamin B12 Market Revenues & Volume, By Oral, 2021-2031F |
6.2.3 Croatia Vitamin B12 Market Revenues & Volume, By Intravenous, 2021-2031F |
6.2.4 Croatia Vitamin B12 Market Revenues & Volume, By Subcutaneous, 2021-2031F |
6.2.5 Croatia Vitamin B12 Market Revenues & Volume, By Nasal, 2021-2031F |
6.3 Croatia Vitamin B12 Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Croatia Vitamin B12 Market Revenues & Volume, By Hospital Pharmacy, 2021-2031F |
6.3.3 Croatia Vitamin B12 Market Revenues & Volume, By Retail Pharmacy, 2021-2031F |
6.3.4 Croatia Vitamin B12 Market Revenues & Volume, By Online Pharmacy, 2021-2031F |
7 Croatia Vitamin B12 Market Import-Export Trade Statistics |
7.1 Croatia Vitamin B12 Market Export to Major Countries |
7.2 Croatia Vitamin B12 Market Imports from Major Countries |
8 Croatia Vitamin B12 Market Key Performance Indicators |
8.1 Number of health and wellness campaigns promoting the benefits of Vitamin B12 |
8.2 Percentage increase in sales of Vitamin B12 supplements year-on-year |
8.3 Growth in the number of specialty stores and pharmacies offering Vitamin B12 products |
8.4 Number of new product launches and innovations in the Vitamin B12 market |
8.5 Percentage of the population regularly consuming Vitamin B12 supplements |
9 Croatia Vitamin B12 Market - Opportunity Assessment |
9.1 Croatia Vitamin B12 Market Opportunity Assessment, By Dosage Form, 2021 & 2031F |
9.2 Croatia Vitamin B12 Market Opportunity Assessment, By Route of Administration, 2021 & 2031F |
9.3 Croatia Vitamin B12 Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Croatia Vitamin B12 Market - Competitive Landscape |
10.1 Croatia Vitamin B12 Market Revenue Share, By Companies, 2024 |
10.2 Croatia Vitamin B12 Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |