Gummy Vitamins Market Size to Reach USD 2286.7 Million by 2027 at a CAGR of 4.5% | Valuates Reports

USA - English

• India - English

BANGALORE, India, Sept. 17, 2021 /PRNewswire/ -- The Gummy Vitamins Market is Segmented by Type (Multi Vitamin, Single Vitamin), by Application (Children, Adult). The report covers global opportunity analysis and industry forecasts from 2021 to 2027. It is published in Valuates Reports under Vitamins & Supplements Category.

In 2020, the global Gummy Vitamin market size was USD 1678 Million and it is expected to reach USD 2286.7 Million by the end of 2027, with a CAGR of 4.5% during 2021-2027.

Major factors driving the growth of gummy vitamins are:

• Due to factors such as busier schedules, rising disposable incomes, greater awareness of preventive healthcare measures, and keeping better health, millennials choose to consume these Gummy Vitamins Market.
• The growth in rates of vitamin deficiencies and undernourishment concerns in developing and undeveloped countries are also increasing the gummy vitamins market.
• The convenience factor of Gummy vitamins is further expected to drive the gummy vitamins market. Gummy vitamins are believed to be a great aid for people who find it difficult to swallow pills. When compared to typical vitamin pills, gummy vitamins are far handier. Furthermore, due to their simple swallowability, gummy vitamins have become popular among both children and adults.

View Full Report: https://reports.valuates.com/reports/QYRE-Auto-30V378/global-gummy-vitamin 

TRENDS INFLUENCING THE GROWTH OF THE GUMMY VITAMINS MARKET

High demand for on-the-go dietary supplement products is expected to drive the growth of the gummy vitamins market. Nutritional foods and food products containing necessary health elements are sought by health-conscious consumers. However, millennials in all areas and countries are encountering heavier work schedules and an increase in the older population with pill-consumption issues. As a result of these considerations, there is a significant need for handy vitamin-based products that can be used on the go and are simple to consume, such as chewing rather than swallowing. As chewable candies, gummy vitamins serve to address these issues and provide consumers with on-the-go consumption as well as simplicity of intake.

For the past several years, the worldwide gummy vitamins market has been gaining a significant pace. This is due to the qualities of gummy vitamins, such as their colors, tastes, and ease of use, as well as the added health advantages they provide. Gummies with a fusion of natural fruit-based flavors are being introduced and launched by companies to meet the global demands of customers for varied flavors. This in turn is expected to create lucrative growth opportunities for the gummy vitamins market players. 

Gummy Vitamins market growth will be aided by an increase in the prevalence of dysphagia, as well as an increase in the prevalence of vitamin deficiency. Furthermore, the use of alternative gelling agents such as pectin presents the lucrative potential for market players.

Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-30V378/Global_Gummy_Vitamin 

GUMMY VITAMINS MARKET SHARE ANALYSIS

Multi-Vitamin is expected to be the most lucrative segment. Increased quantity of multi-vitamins in gummy vitamins encourage consumers to adopt these products rather than opt for other singular vitamin tablets or capsules

Based on application, the children segment is expected to be the most lucrative. 

Based on region, North America is the largest market, with a share of about 65%, followed by Europe and China, both having a share of about 30 percent.

Global Gummy Vitamin key players include Bayer, Church & Dwight Co, Pharmavite, etc. Global top three manufacturers hold a share of about 30%.

Inquire for Regional Data: https://reports.valuates.com/request/regional/QYRE-Auto-30V378/Global_Gummy_Vitamin 

GUMMY VITAMINS MARKET SEGMENTATION

By Type

• Multi Vitamin
• Single Vitamin

By Application

• For Children
• For Adult

Key Companies

• Gummy Vitamins
• Bayer
• Church & Dwight Co
• Pharmavite
• Nature's Way
• Smarty Pants Vitamins
• Hero Nutritionals
• Nature's Bounty, Inc
• Life Science Nutritionals
• Rainbow Light
• Herbaland
• Olly Nutrition.

Inquire for Customized Report: https://reports.valuates.com/request/customisation/QYRE-Auto-30V378/Global_Gummy_Vitamin 

By Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa

Inquire for Regional Data: https://reports.valuates.com/request/regional/QYRE-Auto-30V378/Global_Gummy_Vitamin 

Buy Now for Single User: https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-30V378&lic=single-user 

Buy Now for Enterprise User: https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-30V378&lic=enterprise-user 

SUBSCRIPTION

We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.

SIMILAR REPORTS

-  In 2020, the global Jellies and Gummies market size was USD 2533 Million and it is expected to reach USD 3072.2 Million by the end of 2027, with a CAGR of 2.9% during 2021-2027.

-  In 2020, the global Soy Lecithin market size was USD 1112 Million and it is expected to reach USD 1463.3 Million by the end of 2027, with a CAGR of 4.0% during 2021-2027.

-  Global Adult Gummy Vitamin Market Research Report 2020

-  Global and United States Vitamin B12 Gummy Market Insights, Forecast to 2027

-  Global Vitamin Gummy Supplement Market Research Report 2021

-  Global Vitamin D Gummies Sales Market Report 2021

-  Global Vitamin Nutrition Gummies Sales Market Report 2021

-  Global Vitamin B Complex Gummy Market Research Report 2021

-  Global Vitamin C Candy Market Research Report 2021

-  Global Cannabidiol Gummies Market Research Report 2021

-  Global CBD Gummies Market Research Report 2021

-  Global Boswelia Serrata Extract Sales Market Report 2021

-  Global Probiotics Supplements Sales Market Report 2021

Click here to see related reports on Gummy Vitamins Market

ABOUT US:

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs. 

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains detail research methodology employed to generate the report, Please also reach to our sales team to get the complete list of our data sources

CONTACT US:
Valuates Reports
[email protected] 
For U.S. Toll-Free Call  +1-(315)-215-3225
For IST Call  +91-8040957137
WhatsApp : +91 9945648335 
Website: https://reports.valuates.com 
Follow on Twitter - https://twitter.com/valuatesreports 
Follow on Linkedin - https://in.linkedin.com/company/valuatesreports 
Follow on Facebook - https://www.facebook.com/valuatesreports

SOURCE Valuates Reports