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
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the…
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry.
𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359
Key Players and Market Developments
Key players…
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period.
Moreover, the market is expected…
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market.
Vascular closure devices is estimated to reach a value of ~US$ 1 Bn…
More Releases for Vitamin
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,…
Vitamin D3 Market Insights by Vitamin D3 Oil, Vitamin D3 Powder and Vitamin D3 C …
Latest Report on Vitamin D3 is announced by ReportsWeb and is available in its database. In this report, Vitamin D3 market is segmented on the basis of application, type, end use and regions. In addition, the report presents detailed information regarding major revenue generating regions of Vitamin D3 market.
Meaning of Vitamin D3:
Vitamin D3, also known as cholecalciferol, is the chemical 9,10-seco(5Z,7E)-5,7,10(19)-cholestatrien-3-ol. Vitamin D3 occurs in and is isolated from fish…
Increasing Demand For Vitamin Added Foods & Cosmetics Boosted Global Vitamin Ing …
SAN FRANCISCO, Oct. 31, 2017 Global Vitamin Ingredients Market size was valued at $5,843 Million in 2016 and expected to reach $8,573 Million by 2024; growing at a CAGR of 4.9% from 2016 to 2024. In geographical segments, Asia Pacific and Europe are anticipated to grow at a fastest CAGR of 5.4% and 5.3%, respectively, over the forecast period 2016 – 2024.
To browse the complete report, visit at https://www.variantmarketresearch.com/report-categories/food-beverages/vitamin-ingredients-market…
Vitamin D Ingredients Development Market: Vitamin D3 to Outrank Vitamin D2 as th …
"Vitamin D Ingredients Market: Vitamin D3 to Outrank Vitamin D2 as the Most Attractive Segment in Value and Volume Terms Throughout the Forecast Period: Global Industry Analysis and Opportunity Assessment, 2016-2026" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect.
Description-
Recording the highest CAGR both in terms of value and volume, the Vitamin D3 segment is the undoubted leader in the product type segment
The Vitamin…
Vitamin Power's Juniper Berry Is Discontinued At the Vitamin Mineral Shop
Vitamin Power has discontinued this natural herbal product, Juniper Berry, and thus it is now discontinued at the Vitamin Mineral Shop.
Clinton Township, Michigan -- Established in 1975, Vitamin Power is an exclusive line of nutritional healthcare products. The discontinuance of Juniper Berry (product id 664R) is a reluctant reduction is the size of the product line. Vitamin Power will continue to distribute its other products in the same manner…
