| Product Code: ETC5330022 | Publication Date: Nov 2023 | Updated Date: Apr 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Ireland saw a significant increase in vitamin B12 import shipments, with top exporting countries being the Netherlands, China, Switzerland, UK, and USA. Despite a high concentration in market share indicated by the HHI, the Compound Annual Growth Rate (CAGR) from 2020 to 2024 was -10.15%. However, there was a notable growth rate of 24.26% from 2023 to 2024, indicating a potential positive shift in the market dynamics for vitamin B12 imports in Ireland.

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 Ireland Vitamin B12 Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Vitamin B12 Market Revenues & Volume, 2022 & 2032F |
3.3 Ireland Vitamin B12 Market - Industry Life Cycle |
3.4 Ireland Vitamin B12 Market - Porter's Five Forces |
3.5 Ireland Vitamin B12 Market Revenues & Volume Share, By Dosage Form, 2022 & 2032F |
3.6 Ireland Vitamin B12 Market Revenues & Volume Share, By Route of Administration, 2022 & 2032F |
3.7 Ireland Vitamin B12 Market Revenues & Volume Share, By Distribution Channel, 2022 & 2032F |
4 Ireland Vitamin B12 Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the benefits of Vitamin B12 for overall health and well-being |
4.2.2 Growing interest in vegan and vegetarian diets, leading to a higher demand for Vitamin B12 supplements |
4.2.3 Rising prevalence of Vitamin B12 deficiency among the population in Ireland |
4.3 Market Restraints |
4.3.1 Price fluctuations in raw materials used for manufacturing Vitamin B12 supplements |
4.3.2 Stringent regulations and quality standards in the supplement industry impacting market entry for new players |
5 Ireland Vitamin B12 Market Trends |
6 Ireland Vitamin B12 Market Segmentations |
6.1 Ireland Vitamin B12 Market, By Dosage Form |
6.1.1 Overview and Analysis |
6.1.2 Ireland Vitamin B12 Market Revenues & Volume, By Syrups, 2022 - 2032F |
6.1.3 Ireland Vitamin B12 Market Revenues & Volume, By Injection, 2022 - 2032F |
6.1.4 Ireland Vitamin B12 Market Revenues & Volume, By Tablets, 2022 - 2032F |
6.1.5 Ireland Vitamin B12 Market Revenues & Volume, By Powder, 2022 - 2032F |
6.1.6 Ireland Vitamin B12 Market Revenues & Volume, By Nasal Spray, 2022 - 2032F |
6.2 Ireland Vitamin B12 Market, By Route of Administration |
6.2.1 Overview and Analysis |
6.2.2 Ireland Vitamin B12 Market Revenues & Volume, By Oral, 2022 - 2032F |
6.2.3 Ireland Vitamin B12 Market Revenues & Volume, By Intravenous, 2022 - 2032F |
6.2.4 Ireland Vitamin B12 Market Revenues & Volume, By Subcutaneous, 2022 - 2032F |
6.2.5 Ireland Vitamin B12 Market Revenues & Volume, By Nasal, 2022 - 2032F |
6.3 Ireland Vitamin B12 Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Ireland Vitamin B12 Market Revenues & Volume, By Hospital Pharmacy, 2022 - 2032F |
6.3.3 Ireland Vitamin B12 Market Revenues & Volume, By Retail Pharmacy, 2022 - 2032F |
6.3.4 Ireland Vitamin B12 Market Revenues & Volume, By Online Pharmacy, 2022 - 2032F |
7 Ireland Vitamin B12 Market Import-Export Trade Statistics |
7.1 Ireland Vitamin B12 Market Export to Major Countries |
7.2 Ireland Vitamin B12 Market Imports from Major Countries |
8 Ireland Vitamin B12 Market Key Performance Indicators |
8.1 Number of new product launches in the Vitamin B12 supplement market in Ireland |
8.2 Percentage increase in online searches for Vitamin B12-related topics |
8.3 Number of health and wellness events or campaigns promoting Vitamin B12 awareness in Ireland |
9 Ireland Vitamin B12 Market - Opportunity Assessment |
9.1 Ireland Vitamin B12 Market Opportunity Assessment, By Dosage Form, 2022 & 2032F |
9.2 Ireland Vitamin B12 Market Opportunity Assessment, By Route of Administration, 2022 & 2032F |
9.3 Ireland Vitamin B12 Market Opportunity Assessment, By Distribution Channel, 2022 & 2032F |
10 Ireland Vitamin B12 Market - Competitive Landscape |
10.1 Ireland Vitamin B12 Market Revenue Share, By Companies, 2025 |
10.2 Ireland Vitamin B12 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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