| Product Code: ETC351641 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Qatar Vitamin B12 market currently, in 2023, has witnessed an HHI of 7840, Which has increased moderately as compared to the HHI of 5645 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Qatar market for Vitamin B12 is witnessing a steady surge in demand due to the growing awareness regarding its vital role in maintaining health and well-being. With an increasing focus on preventive healthcare and dietary supplements, Vitamin B12 is gaining prominence in Qatar`s health and wellness sector. Moreover, factors like a rising aging population and a growing interest in vegan and vegetarian diets are further contributing to the market`s positive outlook. The availability of a wide range of pharmaceutical and nutraceutical products containing Vitamin B12 is expected to fuel market growth in the coming years.
The vitamin B12 market in Qatar is expected to thrive due to the rising health consciousness among the population. Key drivers include the increasing prevalence of vitamin B12 deficiency, a growing aging population, and a surge in vegetarian and vegan diets, which often lack natural sources of this vitamin.
The Qatar Vitamin B12 market faces several challenges, including limited awareness among the population about the importance of this vitamin. This lack of awareness can lead to insufficient intake and deficiency issues. Additionally, there may be regulatory hurdles and import restrictions that impact the availability of quality Vitamin B12 supplements in the market.
The COVID-19 pandemic brought about disruptions in the Qatar vitamin B12 market. The healthcare sector faced significant pressures during the pandemic, with a focus on managing COVID-19 cases. As a result, the vitamin and supplement market witnessed shifts in consumer priorities. There was a surge in demand for immunity-boosting supplements, affecting the demand for vitamin B12. However, with ongoing vaccination efforts and a return to normalcy, the market is expected to stabilize as consumers resume their regular dietary habits.
The Qatar Vitamin B12 market is growing due to increased awareness of its health benefits. Key players in this market include local pharmaceutical companies like Qatar Pharma and international players like Pfizer Inc.
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 Qatar Vitamin B12 Market Overview |
3.1 Qatar Country Macro Economic Indicators |
3.2 Qatar Vitamin B12 Market Revenues & Volume, 2021 & 2031F |
3.3 Qatar Vitamin B12 Market - Industry Life Cycle |
3.4 Qatar Vitamin B12 Market - Porter's Five Forces |
3.5 Qatar Vitamin B12 Market Revenues & Volume Share, By Dosage Form, 2021 & 2031F |
3.6 Qatar Vitamin B12 Market Revenues & Volume Share, By Route of Administration, 2021 & 2031F |
3.7 Qatar Vitamin B12 Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Qatar Vitamin B12 Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of Vitamin B12 supplementation |
4.2.2 Growing prevalence of Vitamin B12 deficiency in Qatar |
4.2.3 Rise in disposable income leading to higher spending on health and wellness products |
4.3 Market Restraints |
4.3.1 Limited availability of Vitamin B12-fortified foods in the local market |
4.3.2 Lack of knowledge among the population about the importance of Vitamin B12 |
4.3.3 Regulatory challenges related to the import and distribution of Vitamin B12 supplements |
5 Qatar Vitamin B12 Market Trends |
6 Qatar Vitamin B12 Market, By Types |
6.1 Qatar Vitamin B12 Market, By Dosage Form |
6.1.1 Overview and Analysis |
6.1.2 Qatar Vitamin B12 Market Revenues & Volume, By Dosage Form, 2021-2031F |
6.1.3 Qatar Vitamin B12 Market Revenues & Volume, By Syrups, 2021-2031F |
6.1.4 Qatar Vitamin B12 Market Revenues & Volume, By Injection, 2021-2031F |
6.1.5 Qatar Vitamin B12 Market Revenues & Volume, By Tablets, 2021-2031F |
6.1.6 Qatar Vitamin B12 Market Revenues & Volume, By Powder, 2021-2031F |
6.1.7 Qatar Vitamin B12 Market Revenues & Volume, By Nasal Spray, 2021-2031F |
6.2 Qatar Vitamin B12 Market, By Route of Administration |
6.2.1 Overview and Analysis |
6.2.2 Qatar Vitamin B12 Market Revenues & Volume, By Oral, 2021-2031F |
6.2.3 Qatar Vitamin B12 Market Revenues & Volume, By Intravenous, 2021-2031F |
6.2.4 Qatar Vitamin B12 Market Revenues & Volume, By Subcutaneous, 2021-2031F |
6.2.5 Qatar Vitamin B12 Market Revenues & Volume, By Nasal, 2021-2031F |
6.3 Qatar Vitamin B12 Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Qatar Vitamin B12 Market Revenues & Volume, By Hospital Pharmacy, 2021-2031F |
6.3.3 Qatar Vitamin B12 Market Revenues & Volume, By Retail Pharmacy, 2021-2031F |
6.3.4 Qatar Vitamin B12 Market Revenues & Volume, By Online Pharmacy, 2021-2031F |
7 Qatar Vitamin B12 Market Import-Export Trade Statistics |
7.1 Qatar Vitamin B12 Market Export to Major Countries |
7.2 Qatar Vitamin B12 Market Imports from Major Countries |
8 Qatar Vitamin B12 Market Key Performance Indicators |
8.1 Percentage increase in the number of health and wellness stores offering Vitamin B12 products |
8.2 Growth in the number of Google searches for Vitamin B12-related keywords in Qatar |
8.3 Number of health campaigns or initiatives focused on promoting Vitamin B12 awareness in the country |
9 Qatar Vitamin B12 Market - Opportunity Assessment |
9.1 Qatar Vitamin B12 Market Opportunity Assessment, By Dosage Form, 2021 & 2031F |
9.2 Qatar Vitamin B12 Market Opportunity Assessment, By Route of Administration, 2021 & 2031F |
9.3 Qatar Vitamin B12 Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Qatar Vitamin B12 Market - Competitive Landscape |
10.1 Qatar Vitamin B12 Market Revenue Share, By Companies, 2024 |
10.2 Qatar Vitamin B12 Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |