| Product Code: ETC5330083 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite a decline in the Compound Annual Growth Rate (CAGR) and negative growth rate in 2024, the import shipments of Vitamin B12 to Sweden continue to be dominated by a few key countries including Germany, Netherlands, Denmark, China, and Norway. The high concentration of imports is reflected in the Herfindahl-Hirschman Index (HHI) remaining elevated in 2024. This suggests that these countries are significant players in supplying Vitamin B12 to the Swedish market. Monitoring this market trend and understanding the dynamics of these top exporting countries will be crucial for stakeholders involved in the Vitamin B12 import industry in Sweden.
The vitamin B12 market in Sweden caters to the health and wellness sector, with supplements used to combat deficiencies and support neurological health. Rising consumer interest in health products and dietary supplements is fueling market growth.
The Vitamin B12 market in Sweden is driven by the increasing awareness of health and wellness among consumers. As individuals seek to improve their overall health and nutritional intake, the demand for vitamin supplements, particularly Vitamin B12, is on the rise. The growing prevalence of dietary deficiencies and the rising trend of vegetarian and vegan diets, which may lack adequate Vitamin B12, further contribute to market growth. Additionally, advancements in supplement formulations and the focus on preventive healthcare are attracting more consumers to the Vitamin B12 market.
The Vitamin B12 market encounters challenges related to consumer awareness and education about the importance of B12 supplementation. As health trends shift, manufacturers must effectively communicate the benefits of their products to drive demand. Additionally, competition from alternative supplements and dietary sources of B12 can impact market growth, requiring companies to differentiate their offerings and establish brand loyalty.
The Swedish government regulates the Vitamin B12 market to ensure product safety and quality for consumers. Policies promote transparency in labeling and require that health claims related to Vitamin B12 supplements are supported by scientific evidence. The government encourages public awareness campaigns about the importance of Vitamin B12 in nutrition and 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 Sweden Vitamin B12 Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Vitamin B12 Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Vitamin B12 Market - Industry Life Cycle |
3.4 Sweden Vitamin B12 Market - Porter's Five Forces |
3.5 Sweden Vitamin B12 Market Revenues & Volume Share, By Dosage Form, 2021 & 2031F |
3.6 Sweden Vitamin B12 Market Revenues & Volume Share, By Route of Administration, 2021 & 2031F |
3.7 Sweden Vitamin B12 Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Sweden Vitamin B12 Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of vitamin B12 for overall health |
4.2.2 Growing trend towards vegan and vegetarian diets, leading to higher demand for B12 supplements |
4.2.3 Rising geriatric population in Sweden, who often require vitamin B12 supplementation for health maintenance |
4.3 Market Restraints |
4.3.1 Stringent regulations and quality control measures in the supplement industry |
4.3.2 Limited availability of fortified foods containing vitamin B12 in the Swedish market |
5 Sweden Vitamin B12 Market Trends |
6 Sweden Vitamin B12 Market Segmentations |
6.1 Sweden Vitamin B12 Market, By Dosage Form |
6.1.1 Overview and Analysis |
6.1.2 Sweden Vitamin B12 Market Revenues & Volume, By Syrups, 2021-2031F |
6.1.3 Sweden Vitamin B12 Market Revenues & Volume, By Injection, 2021-2031F |
6.1.4 Sweden Vitamin B12 Market Revenues & Volume, By Tablets, 2021-2031F |
6.1.5 Sweden Vitamin B12 Market Revenues & Volume, By Powder, 2021-2031F |
6.1.6 Sweden Vitamin B12 Market Revenues & Volume, By Nasal Spray, 2021-2031F |
6.2 Sweden Vitamin B12 Market, By Route of Administration |
6.2.1 Overview and Analysis |
6.2.2 Sweden Vitamin B12 Market Revenues & Volume, By Oral, 2021-2031F |
6.2.3 Sweden Vitamin B12 Market Revenues & Volume, By Intravenous, 2021-2031F |
6.2.4 Sweden Vitamin B12 Market Revenues & Volume, By Subcutaneous, 2021-2031F |
6.2.5 Sweden Vitamin B12 Market Revenues & Volume, By Nasal, 2021-2031F |
6.3 Sweden Vitamin B12 Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Sweden Vitamin B12 Market Revenues & Volume, By Hospital Pharmacy, 2021-2031F |
6.3.3 Sweden Vitamin B12 Market Revenues & Volume, By Retail Pharmacy, 2021-2031F |
6.3.4 Sweden Vitamin B12 Market Revenues & Volume, By Online Pharmacy, 2021-2031F |
7 Sweden Vitamin B12 Market Import-Export Trade Statistics |
7.1 Sweden Vitamin B12 Market Export to Major Countries |
7.2 Sweden Vitamin B12 Market Imports from Major Countries |
8 Sweden Vitamin B12 Market Key Performance Indicators |
8.1 Average vitamin B12 supplement consumption per capita in Sweden |
8.2 Number of new product launches in the vitamin B12 supplement market |
8.3 Growth in the number of health and wellness stores carrying vitamin B12 products |
9 Sweden Vitamin B12 Market - Opportunity Assessment |
9.1 Sweden Vitamin B12 Market Opportunity Assessment, By Dosage Form, 2021 & 2031F |
9.2 Sweden Vitamin B12 Market Opportunity Assessment, By Route of Administration, 2021 & 2031F |
9.3 Sweden Vitamin B12 Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Sweden Vitamin B12 Market - Competitive Landscape |
10.1 Sweden Vitamin B12 Market Revenue Share, By Companies, 2024 |
10.2 Sweden Vitamin B12 Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |