The global Gummy Vitamins market is projected to grow at a modest CAGR of 7.2% during the forecast period (2021-2027). The major aspect that drives the growth of the market includes the need for sufficient vitamins owing to the increased health awareness among the people. Busier lifestyle and consumption of more junk foods have made the people to opt for supplements as they are insufficient in fulfilling the daily vitamin requirements in the body and leads to vitamin deficiencies and undernourishment problems. Hence, this prompts the need for supplementary vitamins and contributes to the growth of the market over the forecast period. Heightened consumer interest in health and wellness has also prompted significant growth in dietary supplements.
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Another major factor that fuels the market growth is the presence of the key players in the market such as Pfizer Inc., Bayer AG, Chruch & Dwight Co. Inc., Reckitt Benckiser Group Plc, and Amway Corp. among many others. These key players offer a wide range of products with appealing packaging as well as flavors. Gummy and chewable vitamins offered by companies are packaged with child-friendly appeals, such as Disney Multivitamin Gummies, Disney Princesses, and Star Wars Multivitamin Gummies. Some other supplements include Omega-3 in “fruit blast” flavors, or “Fun for kids!” or with “Fun superhero shapes!” among many others. Hence, such aforementioned factors are likely to contribute to the growth of the market over the forecast period.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Gummy Vitamins Market by Category
- Prenatal
- Kids
- Adults
Global Gummy Vitamins Market by Product Type
- Single Vitamin
- Vitamin C
- Vitamin D
- Biotin
- Others
- Multi-Vitamin
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- ASEAN
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- ABH Nature’s Products, Inc.
- Amway Corp.
- Bettera Brands, LLC
- Bioschwartz LLC
- Boscogen, Inc.
- Doctor’s Best, Inc.
- FoodState, Inc.
- Herbaland
- Hero Nutritionals
- I’M Healthcare Pvt. Ltd.
- Makers Nutrition, LLC
- Gummy Vitamins, LLC
- Nature’s Bounty Inc.
- Olly Public Benefit Corp.
- Perrigo Co. PLC
- PharmaCare Laboratories Pty Ltd.
- Pharmavite LLC
- Pioneer Life Sciences
- SmartyPants, Inc. (Delaware Corp.)
- The Honest Co., Inc.
- Vitafive, LLC
- Zanon Vitamec Inc.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global gummy vitamins market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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