| Product Code: ETC351627 | 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 |
Vitamin B12 is an essential nutrient used in the pharmaceutical and dietary supplement industries. The market for vitamin B12 in Singapore focuses on healthcare and wellness, serving the needs of healthcare professionals and individuals seeking nutritional supplements. As health-conscious consumers seek dietary supplements and essential vitamins, the market for vitamin B12 is expected to remain stable.
The Singapore vitamin B12 market is expected to experience growth as it serves the healthcare and dietary supplement sectors. Vitamin B12 is essential for various bodily functions and is commonly used in supplements and pharmaceuticals. As consumers focus on health and wellness, the demand for vitamin B12 in Singapore is likely to increase, driven by its essential role in maintaining overall health and addressing nutritional deficiencies.
The Singapore vitamin B12 market encounters challenges associated with dietary changes, supplement efficacy, and consumer awareness of vitamin sources. Vitamin B12 suppliers should educate consumers about its importance, address concerns about dietary sources, and ensure the effectiveness of their supplements to meet market demands.
The vitamin B12 market in Singapore encountered fluctuations during the COVID-19 pandemic due to changes in healthcare priorities and supply chain disruptions. Demand for vitamin B12 supplements varied, but the market adapted to ensure a stable supply of this essential nutrient, particularly for individuals seeking immune system support.
Pharmaceutical companies like DSM and Lonza are key contributors to the Singapore vitamin B12 market. Vitamin B12 is essential for various biological processes and is used in dietary supplements.
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 Singapore Vitamin B12 Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Vitamin B12 Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Vitamin B12 Market - Industry Life Cycle |
3.4 Singapore Vitamin B12 Market - Porter's Five Forces |
3.5 Singapore Vitamin B12 Market Revenues & Volume Share, By Dosage Form, 2021 & 2031F |
3.6 Singapore Vitamin B12 Market Revenues & Volume Share, By Route of Administration, 2021 & 2031F |
3.7 Singapore Vitamin B12 Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Singapore 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 and well-being among the population in Singapore |
4.2.2 Growing trend of adopting vegetarian and vegan diets leading to higher demand for vitamin B12 supplements |
4.2.3 Rising aging population in Singapore driving the need for vitamin B12 to support cognitive health and energy levels |
4.3 Market Restraints |
4.3.1 High competition among vitamin B12 supplement manufacturers leading to price wars and margin pressures |
4.3.2 Stringent regulations and quality standards in the supplement industry affecting market entry barriers |
4.3.3 Limited availability of vitamin B12-fortified food products in the Singaporean market |
5 Singapore Vitamin B12 Market Trends |
6 Singapore Vitamin B12 Market, By Types |
6.1 Singapore Vitamin B12 Market, By Dosage Form |
6.1.1 Overview and Analysis |
6.1.2 Singapore Vitamin B12 Market Revenues & Volume, By Dosage Form, 2021-2031F |
6.1.3 Singapore Vitamin B12 Market Revenues & Volume, By Syrups, 2021-2031F |
6.1.4 Singapore Vitamin B12 Market Revenues & Volume, By Injection, 2021-2031F |
6.1.5 Singapore Vitamin B12 Market Revenues & Volume, By Tablets, 2021-2031F |
6.1.6 Singapore Vitamin B12 Market Revenues & Volume, By Powder, 2021-2031F |
6.1.7 Singapore Vitamin B12 Market Revenues & Volume, By Nasal Spray, 2021-2031F |
6.2 Singapore Vitamin B12 Market, By Route of Administration |
6.2.1 Overview and Analysis |
6.2.2 Singapore Vitamin B12 Market Revenues & Volume, By Oral, 2021-2031F |
6.2.3 Singapore Vitamin B12 Market Revenues & Volume, By Intravenous, 2021-2031F |
6.2.4 Singapore Vitamin B12 Market Revenues & Volume, By Subcutaneous, 2021-2031F |
6.2.5 Singapore Vitamin B12 Market Revenues & Volume, By Nasal, 2021-2031F |
6.3 Singapore Vitamin B12 Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Singapore Vitamin B12 Market Revenues & Volume, By Hospital Pharmacy, 2021-2031F |
6.3.3 Singapore Vitamin B12 Market Revenues & Volume, By Retail Pharmacy, 2021-2031F |
6.3.4 Singapore Vitamin B12 Market Revenues & Volume, By Online Pharmacy, 2021-2031F |
7 Singapore Vitamin B12 Market Import-Export Trade Statistics |
7.1 Singapore Vitamin B12 Market Export to Major Countries |
7.2 Singapore Vitamin B12 Market Imports from Major Countries |
8 Singapore Vitamin B12 Market Key Performance Indicators |
8.1 Percentage increase in the number of health and wellness campaigns promoting the benefits of vitamin B12 |
8.2 Growth rate of online searches for vitamin B12 supplements in Singapore |
8.3 Number of new product launches and innovations in the vitamin B12 supplement market |
8.4 Percentage increase in the number of vegetarian and vegan restaurants offering vitamin B12-fortified options |
8.5 Rate of adoption of vitamin B12 testing and awareness campaigns among healthcare providers in Singapore |
9 Singapore Vitamin B12 Market - Opportunity Assessment |
9.1 Singapore Vitamin B12 Market Opportunity Assessment, By Dosage Form, 2021 & 2031F |
9.2 Singapore Vitamin B12 Market Opportunity Assessment, By Route of Administration, 2021 & 2031F |
9.3 Singapore Vitamin B12 Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Singapore Vitamin B12 Market - Competitive Landscape |
10.1 Singapore Vitamin B12 Market Revenue Share, By Companies, 2024 |
10.2 Singapore Vitamin B12 Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |