The North American gummy vitamins market is anticipated to grow significantly at a CAGR of 7.2% over the forecast period (2021-2027). The US and Canada are the key economies contributing to the growth of the market over the forecast period. The key aspect that drives the growth of the North America gummy vitamins market is the rising demand for dietary supplements, rising launches gummy of vitamin supplements, the trend towards online selling of nutraceuticals, and increasing awareness regarding health. Additionally, the presence of some key players such as Pfizer Inc., Bayer AG, Church & Dwight Co. Inc., Reckitt Benckiser Group Plc, and Amway Corp. among others is also supporting the launches of new gummy vitamin supplements in the region.
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Besides, North America has also witnessed a rise in the incidence and prevalence rate of chronic diseases such as heart disease, cancer, diabetes, stroke, and arthritis; and increasing healthcare costs created significant awareness for the market. The increased cases of chronic diseases owing to vitamin deficiencies are likely to prompt the need for various vitamin supplements in the near future and contribute to the market growth over the forecast period. For instance, in March 2018, Clorox Co. acquired Nutranext. The acquisition is done by the company aided in its revenue regeneration.
A Full Report of North America Gummy Vitamins Market is Available at: https://www.omrglobal.com/industry-reports/north-american-gummy-vitamins-market
Market Coverage
- Market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered- By Category and Product Type
- Region Covered- North America
- Competitive Landscape- Pfizer Inc., Bayer AG, Church & Dwight Co. Inc., Reckitt Benckiser Group Plc, and Amway Corp. among others
North America Gummy Vitamins Market – Segmentation
By Category
- Prenatal
- Kids
- Adults
By Product Type
- Single Vitamin
o Vitamin C
o Vitamin D
o Biotin
o Others
- Multi-Vitamin
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
