Global Gummy Vitamins Market

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Global Gummy Vitamins Market

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Global Gummy Vitamins Market size is projected to be valued $4.5 Billion by 2025; with a CAGR of 5.3% from 2017 to 2025. Supplements in the form of gummies can be more suitable and pleasing as compared with regular pil – PowerPoint PPT presentation

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Title: Global Gummy Vitamins Market

1
Global Gummy Vitamins Market 2018 2025

Published By
Accurize Market Research

Copyright 2019 Accurize Market Research
sales_at_accurizemarketresearch.com
2
Global Gummy Vitamins Market is Estimated to
Reach 4.5 Billion by 2025, Says Accurize Market
Research

Global gummy vitamins market report published by
Accurize Market Research forecast that the global
market is expected to reach 4.5 billion by 2025
growing at a CAGR of 5.3 from 2017 to 2025. By
geography, Asia Pacific and North America are
expected to grow at a CAGR of XX and XX,
respectively, during the forecast period.
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Rising consumer demand for gummy vitamins due to
diversity in taste and shape to drive the growth
of the market
Increasing awareness promotions concerning
preventive care, rising consumer demand for gummy
vitamins due to diversity in taste and shape, and
surging occurrences of undernourished and
malnutrition children in underdeveloped economies
fuels the demand for the global gummy vitamins
market.
Moreover, arrival of innovative gummy vitamins
products based on organic formulations by
prominent players also boosts the growth of the
market.
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The global gummy vitamins market has been
bifurcated on the basis of Product type,
application, industry vertical, and geography.
Product type segment includes single and
multi-vitamin.
By application, the segment is bifurcated into
vitamin deficiency, weight gain, immunity, and
other applications. Furthermore, the industry
vertical segment includes pharmaceutical,
chemical, food, and others industry verticals.
By geography the market is segmented into North
America, Europe, Asia-Pacific and Rest of the
World (RoW).
North America is further bifurcated in U.S.,
Canada, and Mexico whereas Europe consists of UK,
Germany, France, Italy, Russia, Spain, and Rest
of Europe.
Asia-Pacific is segmented into India, China,
Japan, and Rest of Asia-Pacific while RoW is
bifurcated into South America, Middle East, and
Africa.

Multi-Vitamin accounted for the largest market
share in the product type segment", says Accurize
By product type segment, Multi-Vitamin accounted
for the majority of the market share in 2017 and
is expected to continue its tendency during the
forecast period in terms of growth, owing to the
quick acceptance of multi vitamins supplements
and on account of the growth of new formulations
of gummy vitamins, having different shape and
tastes.
North America dominated the global market with
the highest market share over the forecast
period", says Accurize
In 2017, North America accounted the highest
revenue in the global gummy vitamins market
share. Also, Asia-Pacific is likely to achieve
the fastest CAGR during the forecast period,
owing high demand for vitamin and dietary
supplements from emerging countries in the globe.