| Product Code: ETC351625 | 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 |
The market for vitamins in Thailand has been witnessing significant growth in recent years, reflecting the increasing awareness of health and wellness among consumers. In particular, the vitamin B12 market has seen substantial demand due to its essential role in maintaining energy levels and overall health. Thailand aging population and the rising interest in dietary supplements have further boosted the vitamin B12 market.
The Thailand vitamin B12 market is growing due to the rising awareness of the importance of nutritional supplements and fortified foods. Vitamin B12 is essential for maintaining overall health and wellness, and its deficiency can lead to various health issues. As consumers become more health-conscious, there is an increasing demand for vitamin B12 supplements and fortified products. Moreover, healthcare professionals often prescribe vitamin B12 supplements, further boosting market growth. The aging population in Thailand is also a significant driver, as older individuals may require vitamin B12 supplementation.
The Thailand vitamin B12 market encounters unique challenges. One of the primary issues is the limited dietary sources of vitamin B12, which makes supplementation crucial for many individuals. Public awareness and education about the importance of vitamin B12 intake remain relatively low, leading to deficiencies in some population segments. Additionally, market players face regulatory hurdles and quality control concerns to ensure the purity and efficacy of vitamin B12 supplements. Pricing and affordability also impact accessibility, particularly among lower-income groups.
The vitamin B12 market in Thailand experienced fluctuations during the pandemic. Initially, there were disruptions in the supply chain, affecting the availability of dietary supplements and pharmaceuticals containing vitamin B12. However, as health and wellness gained importance, the market witnessed increased interest in supplements, fortified foods, and pharmaceuticals containing vitamin B12, contributing to its recovery.
In the Thailand vitamin B12 market, pharmaceutical and supplement companies play a prominent role. Companies like Thai Otsuka Pharmaceutical Co., Ltd. manufacture and distribute vitamin B12 supplements and pharmaceutical products. These companies are known for their commitment to quality and adherence to pharmaceutical standards. Other international pharmaceutical companies may also participate in the market.
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 Thailand Vitamin B12 Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Vitamin B12 Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Vitamin B12 Market - Industry Life Cycle |
3.4 Thailand Vitamin B12 Market - Porter's Five Forces |
3.5 Thailand Vitamin B12 Market Revenues & Volume Share, By Dosage Form, 2021 & 2031F |
3.6 Thailand Vitamin B12 Market Revenues & Volume Share, By Route of Administration, 2021 & 2031F |
3.7 Thailand Vitamin B12 Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Thailand 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 and wellness |
4.2.2 Growing demand for dietary supplements and fortified foods containing vitamin B12 |
4.2.3 Rising prevalence of vitamin B12 deficiency among the population in Thailand |
4.3 Market Restraints |
4.3.1 Limited availability of vitamin B12 fortified foods in the market |
4.3.2 Lack of knowledge about vitamin B12 benefits and deficiency symptoms among consumers |
5 Thailand Vitamin B12 Market Trends |
6 Thailand Vitamin B12 Market, By Types |
6.1 Thailand Vitamin B12 Market, By Dosage Form |
6.1.1 Overview and Analysis |
6.1.2 Thailand Vitamin B12 Market Revenues & Volume, By Dosage Form, 2021-2031F |
6.1.3 Thailand Vitamin B12 Market Revenues & Volume, By Syrups, 2021-2031F |
6.1.4 Thailand Vitamin B12 Market Revenues & Volume, By Injection, 2021-2031F |
6.1.5 Thailand Vitamin B12 Market Revenues & Volume, By Tablets, 2021-2031F |
6.1.6 Thailand Vitamin B12 Market Revenues & Volume, By Powder, 2021-2031F |
6.1.7 Thailand Vitamin B12 Market Revenues & Volume, By Nasal Spray, 2021-2031F |
6.2 Thailand Vitamin B12 Market, By Route of Administration |
6.2.1 Overview and Analysis |
6.2.2 Thailand Vitamin B12 Market Revenues & Volume, By Oral, 2021-2031F |
6.2.3 Thailand Vitamin B12 Market Revenues & Volume, By Intravenous, 2021-2031F |
6.2.4 Thailand Vitamin B12 Market Revenues & Volume, By Subcutaneous, 2021-2031F |
6.2.5 Thailand Vitamin B12 Market Revenues & Volume, By Nasal, 2021-2031F |
6.3 Thailand Vitamin B12 Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Thailand Vitamin B12 Market Revenues & Volume, By Hospital Pharmacy, 2021-2031F |
6.3.3 Thailand Vitamin B12 Market Revenues & Volume, By Retail Pharmacy, 2021-2031F |
6.3.4 Thailand Vitamin B12 Market Revenues & Volume, By Online Pharmacy, 2021-2031F |
7 Thailand Vitamin B12 Market Import-Export Trade Statistics |
7.1 Thailand Vitamin B12 Market Export to Major Countries |
7.2 Thailand Vitamin B12 Market Imports from Major Countries |
8 Thailand Vitamin B12 Market Key Performance Indicators |
8.1 Number of new product launches containing vitamin B12 in Thailand |
8.2 Percentage increase in the number of consumers seeking information about vitamin B12 |
8.3 Growth in the number of healthcare professionals recommending vitamin B12 supplements |
9 Thailand Vitamin B12 Market - Opportunity Assessment |
9.1 Thailand Vitamin B12 Market Opportunity Assessment, By Dosage Form, 2021 & 2031F |
9.2 Thailand Vitamin B12 Market Opportunity Assessment, By Route of Administration, 2021 & 2031F |
9.3 Thailand Vitamin B12 Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Thailand Vitamin B12 Market - Competitive Landscape |
10.1 Thailand Vitamin B12 Market Revenue Share, By Companies, 2024 |
10.2 Thailand Vitamin B12 Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |