Gummy Vitamins Market Size, Share, Growth Overview and Forecast to 2028

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Gummy Vitamins MARKET 2020
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2028
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Gummy Vitamins MARKET 2020
Gummy Vitamins Market 2020 Industry Survey,
Growth, CompetitiveLandscape and Forecasts to
2028
Other factors promoting mushrooming of the gummy
vitamins market include the rising inclination
towards fortified gummies and an increasing
affinity towards functional foods. Proliferating
health-consciousness among consumers are
impacting the inclination towards food products
revolving towards better health and good dietary
habits, snowballing the gummy vitamins market.
Further, gummy vitamins play a vital role in
getting kids to easily consume vitamins since the
flavor and shape of these gummy supplements
appeal to children and are greatly preferred by
parents.
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Gummy Vitamins MARKET 2020
Global Gummy Vitamins Market Size is studied by
MRFR for segments based on type, end-user,
distribution channel, and region. On the basis of
type, the global gummy vitamins market is
segmented into single vitamins and multivitamins.
The single vitamins segment is expected to
exhibit an 8.88 CAGR during the forecast period.
Alternatively, the multivitamins segment is
estimated to showcase promising growth and reach
a market valuation of USD 6,610.8 million by the
end of 2028. On the basis of end-user, the gummy
vitamins market is segmented into child and
adult. Among these segments, the child segment is
accounted for 29.10 of the market share at the
beginning of the forecast period. To maintain
constant sales of gummy vitamins for children,
manufacturers are observed to introduce new, low
sugar content-based gummy-vitamins to magnify the
health attribute of these gummy vitamins. On the
flip side, the adult segment is anticipated to
reach a revenue valuation of USD 6,618.5 million
by the end of the forecast period. Enquiry of
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nquiry/6653
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Gummy Vitamins MARKET 2020
Regional Analysis
The global gummy vitamins market is regionally
segmented into the Americas, Europe, Asia
Pacific, and the Middle East Africa. Europe
held around 30.44 share of the gummy vitamins
market in 2018. The region is also estimated to
surge at a substantial rate through the forecast
period. This growth can be attributed to the
rising inclination towards nutrient-dense foods
and beverages. Owing to the availability of gummy
vitamins in various flavors and shapes, consumers
are more likely to adopt gummy vitamins in their
staple diet, which is estimated to drive the
market to a great extent in Europe. On the other
hand, Asia Pacific is assessed to exhibit a
lucrative CAGR of 9.23 over the review period.
Within Asia Pacific, China and India are likely
to lead the global gummy vitamins market. This
market domination can be accredited to the rising
health consciousness levels among consumers and
an up scaling prevalence of vitamin deficiencies
among both children and adults. The expansion of
the gummy vitamins market in the region can also
be owed to a proliferating consumption of gummy
vitamins by middle-income group coupled with
rising disposable income.
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Gummy Vitamins MARKET 2020
Application Major Players in this Research

• Gummy Vitamins Market Prominent Players
• Some of the notable Gummy Vitamins Market Size
  vendors include Church Dwight Co., Inc. (U.S.),
  Life Science Nutritionals (Canada), Softigel
  (U.S.), Herbaland Naturals Inc. (Canada), Bettera
  Wellness Corp. (U.S.), Gimbals Fine Candies
  (U.S.), Nature's Way Products, LLC (U.S.), Olly
  Public Benefit Corporation (U.S.), Zanon Vitamec
  USA Inc. (U.S.), Bayer Group (Germany),
  Pharmavite LLC (U.S.), Hero Nutritionals, LLC
  (U.S.), SmartyPants Inc. (U.S.), Rainbow Light
  Nutritional Systems, Inc. (U.S.), and The
  Nature's Bounty Co. (U.S.).

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