| Product Code: ETC5330000 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Denmark vitamin B12 import market in 2024 continues to be dominated by key exporting countries such as Germany, China, Netherlands, Metropolitan France, and Sweden. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry saw a significant decline in overall growth with a negative Compound Annual Growth Rate (CAGR) of -10.24% from 2020 to 2024. The growth rate for 2023-24 also experienced a steep decline of -26.32%, highlighting potential challenges and shifts in the market dynamics for the import of vitamin B12 into Denmark.

The Vitamin B12 market in Denmark is characterized by a growing awareness of the importance of this essential nutrient for health and well-being. As consumers become more health-conscious and seek dietary supplements, the demand for Vitamin B12 products is increasing. The market is supported by a diverse range of products, including supplements, fortified foods, and beverages. With the rise of veganism and vegetarianism, there is a notable interest in B12 supplementation among individuals with dietary restrictions. The market is expected to expand as health trends continue to emphasize the importance of vitamins and nutritional supplements.
The Vitamin B12 market in Denmark is driven by the growing awareness of health and wellness, particularly regarding the importance of vitamin supplementation in maintaining overall health. With an increasing number of individuals recognizing the benefits of Vitamin B12 for energy production, nerve function, and red blood cell formation, demand for B12 supplements is on the rise. Additionally, the growing prevalence of dietary restrictions, such as vegetarianism and veganism, has led to a higher demand for B12 supplements, as these diets often lack sufficient natural sources of this essential nutrient. Moreover, the rise of health-conscious consumers and increased availability of fortified foods are further propelling the growth of the Vitamin B12 market.
The Vitamin B12 market in Denmark faces challenges related to sourcing and regulatory compliance. The increasing demand for Vitamin B12 supplements and fortified foods raises concerns about the sustainability and traceability of sourcing practices. Companies must navigate complex regulations governing dietary supplements, which can vary significantly across regions. This adds layers of compliance that companies must adhere to, often increasing operational costs. Furthermore, the growing popularity of plant-based diets poses a challenge for Vitamin B12 suppliers, as individuals following these diets may require fortified products to meet their nutritional needs.
The Vitamin B12 market in Denmark is influenced by government regulations regarding food safety and nutritional supplements. The Danish Food Agency sets stringent guidelines for the labeling and health claims of vitamin products, ensuring consumer protection. Policies promoting public health initiatives and nutritional awareness drive the demand for Vitamin B12 supplements, particularly among populations at risk of deficiency, such as vegetarians and the elderly.
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 Denmark Vitamin B12 Market Overview |
3.1 Denmark Country Macro Economic Indicators |
3.2 Denmark Vitamin B12 Market Revenues & Volume, 2021 & 2031F |
3.3 Denmark Vitamin B12 Market - Industry Life Cycle |
3.4 Denmark Vitamin B12 Market - Porter's Five Forces |
3.5 Denmark Vitamin B12 Market Revenues & Volume Share, By Dosage Form, 2021 & 2031F |
3.6 Denmark Vitamin B12 Market Revenues & Volume Share, By Route of Administration, 2021 & 2031F |
3.7 Denmark Vitamin B12 Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Denmark 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 adoption of vegan and vegetarian diets leading to higher demand for vitamin B12 supplements |
4.2.3 Rising prevalence of vitamin B12 deficiency among the population in Denmark |
4.3 Market Restraints |
4.3.1 Stringent regulations and guidelines governing the sale and marketing of vitamin B12 products |
4.3.2 Competition from alternative sources of vitamin B12 such as fortified foods |
4.3.3 Volatility in raw material prices impacting the cost of production for vitamin B12 supplements |
5 Denmark Vitamin B12 Market Trends |
6 Denmark Vitamin B12 Market Segmentations |
6.1 Denmark Vitamin B12 Market, By Dosage Form |
6.1.1 Overview and Analysis |
6.1.2 Denmark Vitamin B12 Market Revenues & Volume, By Syrups, 2021-2031F |
6.1.3 Denmark Vitamin B12 Market Revenues & Volume, By Injection, 2021-2031F |
6.1.4 Denmark Vitamin B12 Market Revenues & Volume, By Tablets, 2021-2031F |
6.1.5 Denmark Vitamin B12 Market Revenues & Volume, By Powder, 2021-2031F |
6.1.6 Denmark Vitamin B12 Market Revenues & Volume, By Nasal Spray, 2021-2031F |
6.2 Denmark Vitamin B12 Market, By Route of Administration |
6.2.1 Overview and Analysis |
6.2.2 Denmark Vitamin B12 Market Revenues & Volume, By Oral, 2021-2031F |
6.2.3 Denmark Vitamin B12 Market Revenues & Volume, By Intravenous, 2021-2031F |
6.2.4 Denmark Vitamin B12 Market Revenues & Volume, By Subcutaneous, 2021-2031F |
6.2.5 Denmark Vitamin B12 Market Revenues & Volume, By Nasal, 2021-2031F |
6.3 Denmark Vitamin B12 Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Denmark Vitamin B12 Market Revenues & Volume, By Hospital Pharmacy, 2021-2031F |
6.3.3 Denmark Vitamin B12 Market Revenues & Volume, By Retail Pharmacy, 2021-2031F |
6.3.4 Denmark Vitamin B12 Market Revenues & Volume, By Online Pharmacy, 2021-2031F |
7 Denmark Vitamin B12 Market Import-Export Trade Statistics |
7.1 Denmark Vitamin B12 Market Export to Major Countries |
7.2 Denmark Vitamin B12 Market Imports from Major Countries |
8 Denmark Vitamin B12 Market Key Performance Indicators |
8.1 Number of new product launches in the vitamin B12 market |
8.2 Average daily consumption of vitamin B12 supplements per capita |
8.3 Percentage of population with diagnosed vitamin B12 deficiency |
8.4 Consumer satisfaction levels with vitamin B12 products |
8.5 Number of partnerships and collaborations for research and development in the vitamin B12 market |
9 Denmark Vitamin B12 Market - Opportunity Assessment |
9.1 Denmark Vitamin B12 Market Opportunity Assessment, By Dosage Form, 2021 & 2031F |
9.2 Denmark Vitamin B12 Market Opportunity Assessment, By Route of Administration, 2021 & 2031F |
9.3 Denmark Vitamin B12 Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Denmark Vitamin B12 Market - Competitive Landscape |
10.1 Denmark Vitamin B12 Market Revenue Share, By Companies, 2024 |
10.2 Denmark Vitamin B12 Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |