Global Gummy Vitamin Market By Product Type (Single Vitamin Gummy, Multi-vitamin Gummy, Pro-biotic vitamin Gummy); By End Users ( Children and Adults); By Application (Food Supplements, Immunity, Vitamin Deficiency, Weight Management and Others) By Distribution Channel ( Specialty Stores, Retail Pharmacies, Supermarkets/Hypermarkets, Online Sales Channel and Others) and Region – Analysis of Market Size, Share & Trends for 2019 – 2030 and Forecasts to 2030
Vitamin is a micronutrient essential for the proper functioning of the body and boosts metabolism. A gummy vitamin is a popular source of vitamins that provides nourishment and essential content of nutrition to the body similarly like vitamin pills. Their desirable taste, texture, nutrients, and convenience makes them the most preferred and liked source of vitamin amongst kids and adults as they taste like gummy candies.
Global Gummy Vitamin market is expected to project a notable CAGR of XX.X% in 2030.
Global Gummy Vitamin market to surpass USD XXXX million by 2030 from USD XXXX million in 2018 at a CAGR of XX.X% throughout the forecast period, i.e. 2019-30. Global Gummy Vitamin market is anticipated to grow on the back of its increasing demand due to rising awareness and health concerns among consumers in the pharmaceutical sector as well as personal care and cosmetics sector.
Global Gummy Vitamin Market: Segments
Pro-biotic segment to grow with the highest CAGR of XX.X% during 2019-30
Global Gummy Vitamin market is segmented by product type into Single Vitamin Gummy, Multi-vitamin Gummy, Pro-biotic vitamin Gummy. Multi-vitamins segment held the largest market share of XX.X% in the year 2018. Multi vitamins gummy consists of vitamin B3, B12, A, D, E, H, B6 which help in weight control, improve immunity and better metabolism. Pro-biotic segment is anticipated to grow with the highest CAGR of XX.X% during the forecast period
Global Gummy Vitamin: Market Dynamics
Global Gummy Vitamins Market
Increasing health consciousness among consumers
A large number of populations are suffering from chronic diseases, vitamin deficiencies, week bones, and malnutrition. With the advent of gummy vitamins, it can be cured and improve health and body metabolism. Rising health concerns among consumers are anticipated to drive the Global Gummy Vitamins Market.
Natural Source of Vitamins
Consumers opting for a natural source of vitamins through a healthy and balanced diet might act as a major restraint for the Global gummy vitamin market. Gummy vitamins comprise additive colors and flavors for better taste which sometimes lead to insecurities related to quality and nutritional content among the consumers.
Global Gummy Vitamin Market: Regions
Global Gummy Vitamin market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.
Global gummy vitamins market in North America held the largest market share of XX.X% in the year 2018. Factors such as health problems and deficiencies are anticipated to foster the demand for gummy vitamins in the region and promote the growth of the global gummy vitamins market in North America. Asia-Pacific region is anticipated to grow with the highest CAGR of XX.X% in the forecast period of 2019-30 due rise in disposable incomes and health concerns among consumers.
Global Gummy vitamins Market: Key Players
• Bayer AG
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• Pfizer Inc.
• Olly Public Benefit Corporation
• Ion Labs Inc.
• Church & Dwight, Inc., The Honest Company, Inc.,
• Pharmavite LLC.
• Bettera Wellness
• Ion Labs Inc.
• Hero Nutritionals LLC
• SmartyPants Vitamins
• Other Prominent Players
Global Gummy Vitamin market report also contains analysis on:
• Gummy Vitamin Market Segments:
o Product Type
Single Vitamin Gummy
Pro-biotic vitamin Gummy
o By End Users
o By Application
o By Distribution
Online Sales Channel
• Gummy Vitamin Market Dynamics
• Gummy Vitamin Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints