Data Bridge Market Research analyses that the vitamin gummies market, was valued at USD 6.03 billion in 2021 is expected to reach the value of USD 9.61 billion by 2029, at a CAGR of 6.00% during the forecast period of 2022 to 2029. The market is growing due to the ease of consumption, avai
An excellent
Vitamin Gummies Market research report provides clients with the information on their business scenario with which they can build business strategies to thrive in the market. This makeover can be subjected to the moves of key players or brands which include developments, product launches, joint ventures, mergers and acquisitions that in turn change the view of the global face of the industry. According to this market report, the global market is anticipated to observe a moderately higher growth rate during the forecast period. Vitamin Gummies Market report also covers strategic profiling of the major players in the market, all-inclusive analysis of their basic competencies, and hence keeps competitive landscape of the market in front of the client.
The large scale Vitamin Gummies Market report makes customers or other market participants aware of the problems they may face while operating in this market over a longer period of time. It generally includes major manufacturers, suppliers, distributors, traders, customers, investors, major types, and major applications. The data gathered to prepare this report is based on the data collection modules with large sample sizes. With Vitamin Gummies Market report study, businesses can know about the key opportunities in the market and influencing factors which is useful to take business to the highest level.
Data Bridge Market Research analyses that the vitamin gummies market, was valued at USD 6.03 billion in 2021 is expected to reach the value of USD 9.61 billion by 2029, at a CAGR of 6.00% during the forecast period of 2022 to 2029. The market is growing due to the ease of consumption, availability in various flavors, and high mineral content.
Market Overview
Gummy vitamins are chewable vitamins that resemble gummy candies and come in various shapes, colors, and flavors. They are made with corn starch, gelatin, sugar, water and artificial colorings. Gummy vitamin flavors that are popular include raspberry, lemon, orange, and cheery. Vitamin supplements are widely used worldwide. They improve health and can make up for a poor diet. Furthermore, vitamin gummies are easy to chew and are popular among people who have difficulty swallowing pills.
Some of the major players operating in the vitamin gummies market are:
Church Dwight Co. Inc. (U.S.)
The Honest Company Inc. (U.S)
Pharmavite LLC. (U.S)
SmartyPants Vitamins (U.S)
Olly Public Benefit Corporation (U.S)
Bettera Wellness (U.S)
Hero Nutritionals LLC (U.S)
Ion Labs Inc. (U.S)
Nutra Solutions (U.S)
Bayer AG (Germany)
Ferrara Candy Company (U.S)
Makers Nutrition LLC (U.S)
COVID-19 Impact on Vitamin Gummies Market
The
Global Vitamin Gummies Market has been moderately impacted by the uncertain pandemic circumstances around the world. COVID-19 has affected the final product supply chain as well as the availability of raw material ingredients. Because of several key players operating here, the North American region, followed by Europe and Asia Pacific, plays an essential role in the vitamin gummies market. The supply from these regions is hampered by the COVID-19 lockdown and restrictions, limiting the movement of goods. However, it is expected that regional consumption will increase, particularly with higher sales in supermarkets and hypermarkets.
Recent Development
Bayer AG will launch its New RestoraFIBRE® Daily Gummies in Canada in 2021. These fiber-rich gummies are a convenient source of fibre. RestoraFIBREDaily Gummies contain inulin, a soluble fibre and prebiotic that promotes the growth of beneficial bacteria in the gut.
GSK Consumer Healthcare announced the launch of Robitussin® Naturals in 2020, the brand's first-ever line of drug-free cough relievers. Robitussin Naturals Cough Relief Syrup, Robitussin Naturals Cough Relief + Immune Health Syrup, and gummies are among the products available.
Pfizer Inc. and GSK merged their respective consumer healthcare businesses in 2019 to form GSK Consumer Healthcare, a global consumer healthcare joint venture.
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Global Vitamin Gummies Market Landscape
Part 05: Pipeline Analysis
Part 06: Global Vitamin Gummies Market Sizing
Part 07: Five Forces Analysis
Part 08: Global Vitamin Gummies Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Global Vitamin Gummies Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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