| Product Code: ETC5330034 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import of Vitamin B12 in Lithuania saw a significant increase in 2024, with top exporting countries being China, Netherlands, Germany, Slovenia, and Metropolitan France. The market concentration, as measured by the HHI, intensified from high to very high in just one year. This rapid growth is reflected in the impressive CAGR of 19.79% from 2020 to 2024 and a remarkable growth rate of 69.62% from 2023 to 2024. The data suggests a strong demand for Vitamin B12 in Lithuania, with key players dominating the market landscape.

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 Lithuania Vitamin B12 Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Vitamin B12 Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Vitamin B12 Market - Industry Life Cycle |
3.4 Lithuania Vitamin B12 Market - Porter's Five Forces |
3.5 Lithuania Vitamin B12 Market Revenues & Volume Share, By Dosage Form, 2021 & 2031F |
3.6 Lithuania Vitamin B12 Market Revenues & Volume Share, By Route of Administration, 2021 & 2031F |
3.7 Lithuania Vitamin B12 Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Lithuania Vitamin B12 Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of vitamin B12 in maintaining 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 among the population, driving the need for supplementation. |
4.3 Market Restraints |
4.3.1 Limited availability of vitamin B12 fortified foods in the market. |
4.3.2 High cost associated with vitamin B12 supplements. |
4.3.3 Lack of understanding among consumers about the appropriate dosage and sources of vitamin B12. |
5 Lithuania Vitamin B12 Market Trends |
6 Lithuania Vitamin B12 Market Segmentations |
6.1 Lithuania Vitamin B12 Market, By Dosage Form |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Vitamin B12 Market Revenues & Volume, By Syrups, 2021-2031F |
6.1.3 Lithuania Vitamin B12 Market Revenues & Volume, By Injection, 2021-2031F |
6.1.4 Lithuania Vitamin B12 Market Revenues & Volume, By Tablets, 2021-2031F |
6.1.5 Lithuania Vitamin B12 Market Revenues & Volume, By Powder, 2021-2031F |
6.1.6 Lithuania Vitamin B12 Market Revenues & Volume, By Nasal Spray, 2021-2031F |
6.2 Lithuania Vitamin B12 Market, By Route of Administration |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Vitamin B12 Market Revenues & Volume, By Oral, 2021-2031F |
6.2.3 Lithuania Vitamin B12 Market Revenues & Volume, By Intravenous, 2021-2031F |
6.2.4 Lithuania Vitamin B12 Market Revenues & Volume, By Subcutaneous, 2021-2031F |
6.2.5 Lithuania Vitamin B12 Market Revenues & Volume, By Nasal, 2021-2031F |
6.3 Lithuania Vitamin B12 Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Vitamin B12 Market Revenues & Volume, By Hospital Pharmacy, 2021-2031F |
6.3.3 Lithuania Vitamin B12 Market Revenues & Volume, By Retail Pharmacy, 2021-2031F |
6.3.4 Lithuania Vitamin B12 Market Revenues & Volume, By Online Pharmacy, 2021-2031F |
7 Lithuania Vitamin B12 Market Import-Export Trade Statistics |
7.1 Lithuania Vitamin B12 Market Export to Major Countries |
7.2 Lithuania Vitamin B12 Market Imports from Major Countries |
8 Lithuania Vitamin B12 Market Key Performance Indicators |
8.1 Percentage increase in online searches for vitamin B12 supplements. |
8.2 Number of new product launches in the vitamin B12 market. |
8.3 Growth in the number of health and wellness stores stocking vitamin B12 products. |
9 Lithuania Vitamin B12 Market - Opportunity Assessment |
9.1 Lithuania Vitamin B12 Market Opportunity Assessment, By Dosage Form, 2021 & 2031F |
9.2 Lithuania Vitamin B12 Market Opportunity Assessment, By Route of Administration, 2021 & 2031F |
9.3 Lithuania Vitamin B12 Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Lithuania Vitamin B12 Market - Competitive Landscape |
10.1 Lithuania Vitamin B12 Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Vitamin B12 Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |