| Product Code: ETC5330053 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The New Zealand Vitamin B12 Market is experiencing steady growth driven by increasing consumer awareness of the health benefits associated with vitamin B12 supplementation. Vitamin B12, also known as cobalamin, plays a crucial role in red blood cell formation, neurological function, and DNA synthesis, making it essential for overall health and well-being. In New Zealand, where dietary deficiencies are prevalent due to changing dietary habits and lifestyle factors, vitamin B12 supplements offer a convenient and effective way to meet daily nutritional requirements. Key market trends include the introduction of fortified food products, the growing popularity of vegan and vegetarian diets, and the expansion of online retail channels.
The growing awareness about the health benefits of vitamin B12 and its importance in preventing various health conditions is a significant driver for the market in New Zealand. Increasing adoption of vegan and vegetarian lifestyles, which often lack natural sources of vitamin B12, is also boosting the demand for supplements and fortified foods containing vitamin B12.
One of the challenges in the New Zealand Vitamin B12 market is educating consumers about its importance, especially among populations with dietary restrictions like vegans and vegetarians.
Regulatory authorities monitor the New Zealand Vitamin B12 market to ensure product quality, safety, and efficacy. Government policies govern the production, labeling, and marketing of Vitamin B12 supplements to safeguard consumer health.
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 New Zealand Vitamin B12 Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand Vitamin B12 Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand Vitamin B12 Market - Industry Life Cycle |
3.4 New Zealand Vitamin B12 Market - Porter's Five Forces |
3.5 New Zealand Vitamin B12 Market Revenues & Volume Share, By Dosage Form, 2021 & 2031F |
3.6 New Zealand Vitamin B12 Market Revenues & Volume Share, By Route of Administration, 2021 & 2031F |
3.7 New Zealand Vitamin B12 Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 New Zealand Vitamin B12 Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of vitamin B12 |
4.2.2 Growing trend towards 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 New Zealand |
4.3 Market Restraints |
4.3.1 Stringent regulations and guidelines for the sale and marketing of vitamin B12 products |
4.3.2 Competition from other vitamin supplements and fortified foods in the market |
5 New Zealand Vitamin B12 Market Trends |
6 New Zealand Vitamin B12 Market Segmentations |
6.1 New Zealand Vitamin B12 Market, By Dosage Form |
6.1.1 Overview and Analysis |
6.1.2 New Zealand Vitamin B12 Market Revenues & Volume, By Syrups, 2021-2031F |
6.1.3 New Zealand Vitamin B12 Market Revenues & Volume, By Injection, 2021-2031F |
6.1.4 New Zealand Vitamin B12 Market Revenues & Volume, By Tablets, 2021-2031F |
6.1.5 New Zealand Vitamin B12 Market Revenues & Volume, By Powder, 2021-2031F |
6.1.6 New Zealand Vitamin B12 Market Revenues & Volume, By Nasal Spray, 2021-2031F |
6.2 New Zealand Vitamin B12 Market, By Route of Administration |
6.2.1 Overview and Analysis |
6.2.2 New Zealand Vitamin B12 Market Revenues & Volume, By Oral, 2021-2031F |
6.2.3 New Zealand Vitamin B12 Market Revenues & Volume, By Intravenous, 2021-2031F |
6.2.4 New Zealand Vitamin B12 Market Revenues & Volume, By Subcutaneous, 2021-2031F |
6.2.5 New Zealand Vitamin B12 Market Revenues & Volume, By Nasal, 2021-2031F |
6.3 New Zealand Vitamin B12 Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 New Zealand Vitamin B12 Market Revenues & Volume, By Hospital Pharmacy, 2021-2031F |
6.3.3 New Zealand Vitamin B12 Market Revenues & Volume, By Retail Pharmacy, 2021-2031F |
6.3.4 New Zealand Vitamin B12 Market Revenues & Volume, By Online Pharmacy, 2021-2031F |
7 New Zealand Vitamin B12 Market Import-Export Trade Statistics |
7.1 New Zealand Vitamin B12 Market Export to Major Countries |
7.2 New Zealand Vitamin B12 Market Imports from Major Countries |
8 New Zealand Vitamin B12 Market Key Performance Indicators |
8.1 Percentage of population with diagnosed vitamin B12 deficiency |
8.2 Number of new product launches or innovations in the vitamin B12 market |
8.3 Growth in the number of health and wellness stores stocking vitamin B12 products |
9 New Zealand Vitamin B12 Market - Opportunity Assessment |
9.1 New Zealand Vitamin B12 Market Opportunity Assessment, By Dosage Form, 2021 & 2031F |
9.2 New Zealand Vitamin B12 Market Opportunity Assessment, By Route of Administration, 2021 & 2031F |
9.3 New Zealand Vitamin B12 Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 New Zealand Vitamin B12 Market - Competitive Landscape |
10.1 New Zealand Vitamin B12 Market Revenue Share, By Companies, 2024 |
10.2 New Zealand Vitamin B12 Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |