Vitamin Gummies Market research report lends a hand to business in every sphere of trade to take first-class decisions, to tackle the toughest business questions and reduce the risk of failure. To execute this market research study, competent and advanced tools and techniques viz SWOT Analysis and Porter's Five Forces Analysis have been used. The report gives estimations on the market status, growth rate, future trends, market drivers, opportunities, challenges, entry barriers, risks, sales channels, and distributors. Because businesses can achieve great benefits with the different segments covered in the market research report, every bit of market that can be included here is touched carefully.
An international Vitamin Gummies Market report makes available the germane information about certain niche and hence saves a lot of time that may otherwise get spend for decision making. Such global market research report is also attaining high importance in this era of globalization which opens the door of global market for the products. Being an extensive global market research report, it also identifies, analyses, and estimates the emerging trends along with major drivers, challenges and opportunities in the industry along with the analysis of retailers, geographical regions, types, and applications. Vitamin Gummies Market report is presented with full commitment by assuring the best possible service depending upon business requirements.
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.
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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.
- 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.
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Highlights of TOC:
Chapter 1: Global Vitamin Gummies Market overview
Chapter 2: Global Vitamin Gummies Market
Chapter 3: Regional analysis of the Global Vitamin Gummies Market industry
Chapter 4: Global Vitamin Gummies Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Global Vitamin Gummies Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
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