| Product Code: ETC4734222 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Portugal continued to rely heavily on imports of vitamin B-complex ingredients, with Spain, Belgium, Switzerland, Netherlands, and Italy being the top exporting countries. The market concentration, as measured by the HHI, remained high in 2024, indicating a competitive market landscape. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 was positive at 4.59%. This suggests a steady demand for B-complex ingredients in Portugal, with potential for further market expansion in the coming years.
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 Portugal Vitamin B-complex Ingredients Market Overview |
3.1 Portugal Country Macro Economic Indicators |
3.2 Portugal Vitamin B-complex Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Portugal Vitamin B-complex Ingredients Market - Industry Life Cycle |
3.4 Portugal Vitamin B-complex Ingredients Market - Porter's Five Forces |
3.5 Portugal Vitamin B-complex Ingredients Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Portugal Vitamin B-complex Ingredients Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Portugal Vitamin B-complex Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of vitamin B-complex supplements |
4.2.2 Growing demand for dietary supplements and functional foods in Portugal |
4.2.3 Rise in lifestyle-related health issues driving the need for vitamin B-complex ingredients |
4.3 Market Restraints |
4.3.1 Stringent regulations and quality standards governing the production and sale of dietary supplements |
4.3.2 Price volatility of raw materials used in manufacturing vitamin B-complex ingredients |
5 Portugal Vitamin B-complex Ingredients Market Trends |
6 Portugal Vitamin B-complex Ingredients Market Segmentations |
6.1 Portugal Vitamin B-complex Ingredients Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Portugal Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B1, 2021-2031F |
6.1.3 Portugal Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B2, 2021-2031F |
6.1.4 Portugal Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B3, 2021-2031F |
6.1.5 Portugal Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B5, 2021-2031F |
6.1.6 Portugal Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B6, 2021-2031F |
6.1.7 Portugal Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B7, 2021-2031F |
6.1.9 Portugal Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B12, 2021-2031F |
6.1.10 Portugal Vitamin B-complex Ingredients Market Revenues & Volume, By Vitamin B12, 2021-2031F |
6.2 Portugal Vitamin B-complex Ingredients Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Portugal Vitamin B-complex Ingredients Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.3 Portugal Vitamin B-complex Ingredients Market Revenues & Volume, By F&B, 2021-2031F |
6.2.4 Portugal Vitamin B-complex Ingredients Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.2.5 Portugal Vitamin B-complex Ingredients Market Revenues & Volume, By Cosmetics, 2021-2031F |
7 Portugal Vitamin B-complex Ingredients Market Import-Export Trade Statistics |
7.1 Portugal Vitamin B-complex Ingredients Market Export to Major Countries |
7.2 Portugal Vitamin B-complex Ingredients Market Imports from Major Countries |
8 Portugal Vitamin B-complex Ingredients Market Key Performance Indicators |
8.1 Consumer demand for vitamin B-complex supplements |
8.2 Adoption rate of functional foods containing vitamin B-complex ingredients |
8.3 Research and development investments in innovative delivery forms of vitamin B-complex ingredients |
9 Portugal Vitamin B-complex Ingredients Market - Opportunity Assessment |
9.1 Portugal Vitamin B-complex Ingredients Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Portugal Vitamin B-complex Ingredients Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Portugal Vitamin B-complex Ingredients Market - Competitive Landscape |
10.1 Portugal Vitamin B-complex Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Portugal Vitamin B-complex Ingredients 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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