| Product Code: ETC4734159 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cyprus continued to see significant imports of Vitamin B-complex ingredients, with top exporting countries being the Netherlands, Greece, Bulgaria, Portugal, and Italy. The market concentration, as measured by the HHI, remained at a moderate level, indicating a healthy level of competition among suppliers. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, the market showed a notable growth rate of 23.06% from 2023 to 2024, suggesting a potential resurgence in demand for these products in Cyprus.

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 Cyprus Vitamin B-complex Ingredients Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Vitamin B-complex Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Vitamin B-complex Ingredients Market - Industry Life Cycle |
3.4 Cyprus Vitamin B-complex Ingredients Market - Porter's Five Forces |
3.5 Cyprus Vitamin B-complex Ingredients Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Vitamin B-complex Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cyprus Vitamin B-complex Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of vitamin B-complex |
4.2.2 Growing demand for dietary supplements and functional foods containing vitamin B-complex |
4.2.3 Rise in health-conscious population in Cyprus |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials used in manufacturing vitamin B-complex ingredients |
4.3.2 Stringent regulations and quality standards for supplement ingredients in Cyprus |
4.3.3 Competition from alternative sources of vitamin B-complex, such as natural food sources |
5 Cyprus Vitamin B-complex Ingredients Market Trends |
6 Cyprus Vitamin B-complex Ingredients Market Segmentations |
6.1 Cyprus Vitamin B-complex Ingredients Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B1, 2021-2031F |
6.1.3 Cyprus Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B2, 2021-2031F |
6.1.4 Cyprus Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B3, 2021-2031F |
6.1.5 Cyprus Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B5, 2021-2031F |
6.1.6 Cyprus Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B6, 2021-2031F |
6.1.7 Cyprus Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B7, 2021-2031F |
6.1.9 Cyprus Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B12, 2021-2031F |
6.1.10 Cyprus Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B12, 2021-2031F |
6.2 Cyprus Vitamin B-complex Ingredients Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Vitamin B-complex Ingredients Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.3 Cyprus Vitamin B-complex Ingredients Market Revenues & Volume, By F&B, 2021-2031F |
6.2.4 Cyprus Vitamin B-complex Ingredients Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.2.5 Cyprus Vitamin B-complex Ingredients Market Revenues & Volume, By Cosmetics, 2021-2031F |
7 Cyprus Vitamin B-complex Ingredients Market Import-Export Trade Statistics |
7.1 Cyprus Vitamin B-complex Ingredients Market Export to Major Countries |
7.2 Cyprus Vitamin B-complex Ingredients Market Imports from Major Countries |
8 Cyprus Vitamin B-complex Ingredients Market Key Performance Indicators |
8.1 Number of new product launches containing vitamin B-complex ingredients in Cyprus |
8.2 Consumer sentiment and perception towards vitamin B-complex supplements |
8.3 Adoption rate of vitamin B-complex ingredients by food and beverage manufacturers in Cyprus |
9 Cyprus Vitamin B-complex Ingredients Market - Opportunity Assessment |
9.1 Cyprus Vitamin B-complex Ingredients Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Vitamin B-complex Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cyprus Vitamin B-complex Ingredients Market - Competitive Landscape |
10.1 Cyprus Vitamin B-complex Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Vitamin B-complex Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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