Press release
Global Gummy Vitamins Market to rise at a steady CAGR of 5.2% from 2017 to 2025
Bayer AG, among them, held a sway over the gummy vitamins market in 2016 on account of its dominant share. Reasons behind its market-leading position are its range of products, including targeted multivitamins aimed for all age groups, its higher allocation on product development, and solid geographic outreach. Other keen players in the market too are expending money on product development to come up with gummies of different shapes, taste, and color, in order to drive greater sales.
Request for Sample Copy of Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=31889
A report by Transparency Market Research expects the global market for gummy vitamins to rise at a steady CAGR of 5.2% during the period between 2017 and 2025. Expanding at this rate, the market will likely become worth US$4.17 bn by 2025 from US$2.68 bn in 2016.
Single vitamin and multivitamins are the two main types of gummy vitamins sold in the market. Of the two, the multivitamins account for a substantial share in the market due to the rapid uptake of multivitamins supplements and also on account of the development of new formulations of gummy vitamins, having different tastes and shape.
Geographically, the key segments of the global gummy vitamins market are North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Of them, Asia Pacific is predicted expand at maximum pace by registering a CAGR of 3.8% in the forecast period on the back of a robust demand for vitamin and dietary supplements from developing countries in the region. The demand in the region, in turn, is being generated by enormous investments by public and private sectors to generate awareness about the usefulness of gummy vitamins in overcoming vitamins deficiency in children and adolescents.
Wide Array of Products Drives Demand
Gummies are dietary supplements which were originally meant for children not wanting to ingest pills. Soon enough, not just did they gain popularity among children but also among adults because of their visual appeal and also because of the fact that they are consumable easily. Apart from those, there are other factors too serving to stoke market growth such a variety of products having different taste, shape, and color.
“Increase in awareness campaigns regarding preventive care, rising consumer demand for gummy vitamins owing to diversity in taste and shape, rising instances of undernourishment and malnutrition children in developing countries, and advent of novel gummy vitamins products based on organic formulations by key players has also had a positive impact on the growth of the global gummy vitamins market,” adds the lead analyst of the report.
Side Effects Resulting from Overconsumption Restrains Market
However, risk and side effects related to overconsumption of gummy form of vitamins is the major restraining factor for growth of gummy vitamins market. However, increasing interest in extending life expectancy has led to rising demand for dietary supplement among consumers.
Purchase this Report @ https://www.transparencymarketresearch.com/checkout.php?rep_id=31889<ype=S
This review is based on the findings of a TMR report, titled, “Gummy Vitamins Market (Product - Single Vitamin (Biotin, Omega & DHA, Vitamin C, CoQ10, Vitamin D, Melatonin, and High-fiber Formulas) and Multivitamins; Age Group - Children and Adults) Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025.”
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Contact Us
Transparency Market Research
State Tower,
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Gummy Vitamins Market to rise at a steady CAGR of 5.2% from 2017 to 2025 here
News-ID: 883450 • Views: …
More Releases from Transparency Market Research
Global Avocado-based Products Industry Valued at USD 2.5 Billion in 2024; Projec …
The global avocado-based products market(https://www.transparencymarketresearch.com/avocado-based-products-market.html) is gaining strong traction owing to increasing consumer awareness about the health benefits of plant-based and natural foods, coupled with significant advancements in food processing technologies. As per industry estimates, the market was valued at US$ 2.5 Bn in 2024 and is projected to grow at a CAGR of 6.2% from 2025 to 2035, to cross US$ 5.4 Bn by the end of 2035.
Discover Market…
Warehouse Robotics Market Size to Surpass USD 61.8 Billion by 2035 | Growth Fuel …
The global warehouse robotics market (https://www.transparencymarketresearch.com/warehouse-robotics-market.html) is entering a transformative decade, fueled by the accelerating adoption of automation technologies across logistics, retail, and manufacturing sectors. Valued at US$ 11.6 billion in 2024, the market is projected to grow at a CAGR of 13.8% between 2025 and 2035, reaching a staggering US$ 61.8 billion by 2035.
This remarkable growth is driven by rising e-commerce activities, labor shortages, advancements in artificial intelligence (AI),…
Global Manufacturing Execution System (MES) Market to Surpass US$ 51.2 Bn by 203 …
The global Manufacturing Execution System (MES) market is set to experience robust expansion in the coming decade, reflecting the ongoing digital transformation across industries. Valued at US$ 16.9 billion in 2024, the MES market is projected to grow at a CAGR of 10.6% from 2025 to 2035, reaching approximately US$ 51.2 billion by 2035, according to the latest industry analysis.
Manufacturing Execution Systems (MES) are increasingly becoming the digital backbone of…
HVAC Chillers Market Outlook 2035: Energy-Efficient Cooling Systems Driving Stea …
The global HVAC chillers market is on a robust growth trajectory, powered by the world's increasing emphasis on energy efficiency, sustainability, and the modernization of infrastructure. According to recent market intelligence, the HVAC chillers industry, valued at US$ 13.5 billion in 2024, is projected to grow at a compound annual growth rate (CAGR) of 5.0% between 2025 and 2035, reaching approximately US$ 23.2 billion by the end of 2035.
This upward…
More Releases for Vitamin
Vitamin Test Market: Global Vitamin Test Analysis and Forecast (2023-2029)Vitami …
12.04.2024: Vitamin Test Market Overview
The development of companion diagnostic tools and advances in personalised treatment are driving considerable growth and revolution in the oncology Vitamin Test market. In the era of precision medicine, where healthcare is increasingly customised for individual individuals based on their own genetic and molecular profiles, this market segment is essential. Ongoing innovation and development define the oncology Vitamin Test market. To find particular biomarkers, genetic mutations,…
Ellips Hair Vitamin - The No.1 Hair Vitamin in Asia
Ellips hair vitamin is a well-known hair care brand that provides a variety of products for hair nourishment and protection. The brand has gained immense popularity globally, owing to its exceptional quality, and high efficacy of its products. Ellips hair vitamin is a perfect solution for people who want to maintain healthy and strong hair, while also enhancing its natural shine and volume.
The Ellips hair vitamin range includes hair masks,…
Global Vitamins Market Key Players, Demands, Trends, Size and Types: Vitamin A, …
The vitamins market refers to the global industry that produces and sells vitamin supplements, fortified foods, and beverages. Vitamins are organic compounds that are essential for the proper functioning of the human body. They play a vital role in maintaining good health, supporting the immune system, and preventing various diseases.
Get a Free Sample Copy of the Global Vitamins Market Research Report at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1732640
The vitamins market size is estimated to…
Letter Vitamins Market 2023 - New Technology, Industry Growth, Size, Share, Tren …
Letter Vitamins Market is segmented by Type, by region, by profile, and by Application. This Report holds market analysis, growth, slopes, forecast, and complete strategies in the future. It also guides with planned and organized choices that include the necessary information to perform PEST, SWOT, and STEER analysis. Moreover, the Letter Vitamins Market report analyses the vital performance and operational metrics so that you can plan robust business strategies. Along…
Global Vitamins Market, By Source (Plant, Animal), Product Type (Vitamin A, Vita …
Vitamins are organic compounds that are essential for every organism in a small amount for proper growth and development of the body. Lack of these vitamins may led to various vitamins deficiency diseases and disorders such as night blindness, xerophthalmia and keratomalacia. Growing consumer awareness for various vitamins deficiency diseases across the world in turn is expected to boost growth of the global market for vitamins. These vitamins can be…
Global Vitamin Market 2019- By Product Type (Vitamin A,Vitamin B3,Vitamin B5,Vit …
"Global Vitamin Market - Volume and Value Analysis By Product Type (Vitamin A,Vitamin B3,Vitamin B5,Vitamin D3,Vitamin E,Vitamin C), By End User, By Region, By Country: Opportunities and Forecast (2019-2025) - By Region (N. America, ROW,Europe, APAC ), By Country (USA, Canada, Mexico, Rest of Europe, China, India, Japan,Rest of North America, Germany, France, Italy, Spain, South Korea, Rest of Asia)"
Key Players Dominating the Global Vitamin Market
DSM, Lonza, CSPC Pharmaceutical Group,…
