| Product Code: ETC5330013 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In the Greece vitamin B12 market, the import trend exhibited a slight decline with a growth rate of -0.25% from 2023 to 2024. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at a robust 11.73%. This fluctuation could be attributed to shifts in consumer preferences or changes in trade policies impacting import momentum.
The Vitamin B12 market in Greece is growing as awareness about the importance of vitamins in maintaining health continues to rise. Vitamin B12 is essential for red blood cell production, neurological function, and DNA synthesis. With the increasing demand for dietary supplements, particularly among the aging population and individuals with dietary restrictions, the market for Vitamin B12 products, such as tablets, capsules, and fortified foods, is seeing significant growth.
The Greece vitamin B12 market is influenced by the rising awareness of the importance of vitamins for overall health and wellness. The increasing consumption of fortified food products and supplements, particularly among vegetarians and elderly populations, is boosting market demand. Additionally, the growing focus on mental health and energy-boosting supplements further supports the use of vitamin B12 supplements, driving the markets growth.
The Vitamin B12 market in Greece contends with limited consumer awareness about the importance of B12 supplementation. High costs associated with fortified products and competition from alternative supplements hinder growth.
The Vitamin B12 market in Greece has witnessed growth due to increasing awareness of health and wellness, particularly among aging populations. Government policies promoting healthcare and preventive nutrition have supported the growth of the Vitamin B12 market. Regulatory frameworks focused on health safety and nutrition labeling have further encouraged market development.
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 Greece Vitamin B12 Market Overview |
3.1 Greece Country Macro Economic Indicators |
3.2 Greece Vitamin B12 Market Revenues & Volume, 2021 & 2031F |
3.3 Greece Vitamin B12 Market - Industry Life Cycle |
3.4 Greece Vitamin B12 Market - Porter's Five Forces |
3.5 Greece Vitamin B12 Market Revenues & Volume Share, By Dosage Form, 2021 & 2031F |
3.6 Greece Vitamin B12 Market Revenues & Volume Share, By Route of Administration, 2021 & 2031F |
3.7 Greece Vitamin B12 Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Greece 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 |
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 in the population due to poor dietary habits or medical conditions |
4.3 Market Restraints |
4.3.1 Limited availability of fortified foods or supplements containing vitamin B12 in the market |
4.3.2 Price sensitivity among consumers, especially in a price-conscious market like Greece |
5 Greece Vitamin B12 Market Trends |
6 Greece Vitamin B12 Market Segmentations |
6.1 Greece Vitamin B12 Market, By Dosage Form |
6.1.1 Overview and Analysis |
6.1.2 Greece Vitamin B12 Market Revenues & Volume, By Syrups, 2021-2031F |
6.1.3 Greece Vitamin B12 Market Revenues & Volume, By Injection, 2021-2031F |
6.1.4 Greece Vitamin B12 Market Revenues & Volume, By Tablets, 2021-2031F |
6.1.5 Greece Vitamin B12 Market Revenues & Volume, By Powder, 2021-2031F |
6.1.6 Greece Vitamin B12 Market Revenues & Volume, By Nasal Spray, 2021-2031F |
6.2 Greece Vitamin B12 Market, By Route of Administration |
6.2.1 Overview and Analysis |
6.2.2 Greece Vitamin B12 Market Revenues & Volume, By Oral, 2021-2031F |
6.2.3 Greece Vitamin B12 Market Revenues & Volume, By Intravenous, 2021-2031F |
6.2.4 Greece Vitamin B12 Market Revenues & Volume, By Subcutaneous, 2021-2031F |
6.2.5 Greece Vitamin B12 Market Revenues & Volume, By Nasal, 2021-2031F |
6.3 Greece Vitamin B12 Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Greece Vitamin B12 Market Revenues & Volume, By Hospital Pharmacy, 2021-2031F |
6.3.3 Greece Vitamin B12 Market Revenues & Volume, By Retail Pharmacy, 2021-2031F |
6.3.4 Greece Vitamin B12 Market Revenues & Volume, By Online Pharmacy, 2021-2031F |
7 Greece Vitamin B12 Market Import-Export Trade Statistics |
7.1 Greece Vitamin B12 Market Export to Major Countries |
7.2 Greece Vitamin B12 Market Imports from Major Countries |
8 Greece Vitamin B12 Market Key Performance Indicators |
8.1 Number of health campaigns or educational programs focused on vitamin B12 awareness |
8.2 Percentage increase in sales of vegan/vegetarian-specific vitamin B12 supplements |
8.3 Frequency of vitamin B12 deficiency cases reported in the population |
9 Greece Vitamin B12 Market - Opportunity Assessment |
9.1 Greece Vitamin B12 Market Opportunity Assessment, By Dosage Form, 2021 & 2031F |
9.2 Greece Vitamin B12 Market Opportunity Assessment, By Route of Administration, 2021 & 2031F |
9.3 Greece Vitamin B12 Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Greece Vitamin B12 Market - Competitive Landscape |
10.1 Greece Vitamin B12 Market Revenue Share, By Companies, 2024 |
10.2 Greece Vitamin B12 Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |