Product Overview

Vitamin is a micronutrient essential for the proper functioning of the body and boosts metabolism. Gummy vitamin is a popular source of vitamins that provides nourishment and essential content of nutrition to the body similarly to vitamin pills. Their desirable taste, texture, nutrients, and convenience make them the most preferred and liked source of vitamin amongst kids and adults as they taste like gummy candies. Gummy vitamin comprised of corn-starch, gelatin, sugar, water, edible colors and flavors, several vitamins and minerals. Gummy vitamin is segregated into different types such as single-vitamin, multivitamin, and pro-biotic vitamins.

Market Highlights

Global Gummy Vitamin market is expected to project a notable CAGR in 2030.

Global Gummy Vitamin market to surpass USD XXXX million by 2030 from USD XXXX million in 2020 at a CAGR of XX% throughout the forecast period, i.e. 2020-30. Global Gummy Vitamin market is anticipated to grow on the back of its increasing demand due to rising awareness and health concerns among consumers in the pharmaceutical sector as well as personal care and cosmetics sector. Rising instances of vitamin deficiencies, malnutrition, and chronic diseases have fostered growth of the Global gummy vitamins market. They improve health and offset poor diet. Gummy vitamins are easy to chew and eliminate the swallowing of vitamin pills, thus, making them more convenient and attractive to consume.

Recent Highlights in Global Gummy Vitamin Market

In March 2020, Church & Dwight Co. Inc., inaugurated six new gummy vitamin products attributed to skin and immunity disorders along with its subsidiary VitaFusion.

In March 2020, American Startup,16VIT, added a range of gummy vitamin supplements to their product portfolio for modern-day gamers. The company offered different vitamin products for gamers.

Global Gummy Vitamin Market: Segments

Pro-biotic segment to grow with the highest CAGR during 2020-30

Global Gummy Vitamin market is segmented by product type into Single Vitamin Gummy, Multi-vitamin Gummy, Pro-biotic vitamin Gummy. The multi-vitamins segment held the largest market share of XX.X% in the year 2019. Multi vitamins gummy consists of vitamin B3, B12, A, D, E, H, B6 which help in weight control, improve immunity, and better metabolism. Pro-biotic segment is anticipated to grow with the highest CAGR of XX.X% during the forecast period

Children segment to grow with the highest CAGR during 2020-30

Global Gummy Vitamin market is bifurcated by end-users into children and adults. The children segment held the largest market share of XX.X% in the year 2019. Gummy vitamins are chewable vitamins that are easier to consume than swallow vitamin pills, making them popular amongst children.

Vitamin Deficiency segment to grow with the highest CAGR during 2020-30

Global Gummy Vitamin market is also segmented by application into Food Supplements, Immunity, Vitamin Deficiency, Weight Management, and Others. Vitamin Deficiency segment held the largest market share of XX.X% in the year 2019. Gummy vitamins are in high demand among the populace with vitamin deficiencies. Food supplement segment is anticipated to witness considerable growth in the forecast period.

Supermarkets/Hypermarkets segment to grow with the highest CAGR during 2020-30

Global Gummy Vitamin market is also segmented by distribution channel into Specialty Stores, Retail Pharmacies, Supermarkets/Hypermarkets, Online Sales Channel and Others. The segment held the largest market share of XX% in the year 2019. Supermarkets/Hypermarkets provide a large variety of products at the same place which is convenient for the consumers. Online sales channel segment is also anticipated to witness considerable growth in the future due to expanding trend of E-commerce platforms.

Market Dynamics

Global Gummy Vitamins Market

Drivers

Increasing health consciousness among consumers

A large number of populations are suffering from chronic diseases, vitamin deficiencies, week bones, and malnutrition. With the advent of gummy vitamins, it can be cured and improve health and body metabolism. Rising health concerns among consumers are anticipated to drive the Global Gummy Vitamins Market.

Growth in the demand for Gummy vitamins in different sectors

A substantial rise in the demand for Gummy Vitamin is observed in various sectors. Pharmaceutical sector has witnessed a rise in the demand for gummy vitamins since many children with vitamin deficiencies and week bones are advised by doctors to intake gummy due to its convenient intake and concentrated nutritional content. Personal Care and cosmetics sector are also tapping opportunities to incorporate the use of gummy vitamins comprising vitamin A, C, and E in their product since they are known to promote skin health and hair growth. Gummy vitamins are also incorporated by adults as food supplements in their diet.

Restraints

Natural Source of Vitamins

Consumers opting for a natural source of vitamins through a healthy and balanced diet might act as a major restraint for the Global gummy vitamins market. Gummy vitamins comprise additive colors and flavors for better taste which sometimes leads to insecurities related to quality and nutritional content among the consumers.

Global Gummy vitamins Market: Key Players

Bayer AG

Company Overview

Business Strategy

Key Product Offerings

Financial Performance

Key Performance Indicators

Risk Analysis

Recent Development

Regional Presence

SWOT Analysis

Pfizer Inc.

Olly Public Benefit Corporation

Ion Labs Inc.

Church & Dwight, Inc., The Honest Company, Inc.,

Pharmavite LLC.

Bettera Wellness

Ion Labs Inc.

Hero Nutritionals LLC

SmartyPants Vitamins

Global Gummy Vitamin Market: Regions

Global Gummy Vitamin market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC, and MENA.

Global gummy vitamins market in North America held the largest market share of XX.X% in the year 2019. Factors such as health problems and deficiencies are anticipated to foster the demand for gummy vitamins in the region and promote the growth of the global gummy vitamins market in North America. Asia-Pacific region is anticipated to grow with the highest CAGR of XX.X% in the forecast period of 2020-30 due to rise in disposable incomes and health concerns among consumers.

Global Gummy Vitamin market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Global Gummy Vitamin market report also contains analysis on:

Gummy Vitamin Market Segments:

Product Type

Single Vitamin Gummy

Multi-vitamin Gummy

Pro-biotic vitamin Gummy

By End Users

Children

Adults

By Application

Food Supplements

Immunity

Vitamin Deficiency

Weight Management

Others

By Distribution

Specialty Stores

Retail Pharmacies

Supermarkets/Hypermarkets

Online Sales Channel

Others

Gummy Vitamin Market Dynamics

Gummy Vitamin Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Contents

1. Executive Summary

2. Global Gummy Vitamins Market

1. Product Overview

2. Market Definition

3. Segmentation

4. Assumptions and Acronyms

3. Research Methodology

1. Research Objectives

2. Primary Research

3. Secondary Research

4. Forecast Model

5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

1. Growth Drivers

2. Restraints

3. Opportunity

4. Trends

7. Correlation & Regression Analysis

1. Correlation Matrix

2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

1. Demand Risk Analysis

2. Supply Risk Analysis

10. Global Gummy Vitamins Market Analysis

1. Porters Five Forces

1. Threat of New Entrants

2. Bargaining Power of Suppliers

3. Threat of Substitutes

4. Rivalry

2. PEST Analysis

1. Political

2. Economic

3. Social

4. Technological

11. Global Gummy Vitamins Market

1. Market Size & forecast, 2019A-2030F

1. By Value (USD Million) 2018-2030F; Y-o-Y Growth (%) 2019-2030F

2. By Volume (Million Units) 2018-2030F; Y-o-Y Growth (%) 2019-2030F

12. Global Frozen Bakery Product Market: Market Segmentation

1. By Regions

1. North America:(U.S. and Canada) By Value (USD Million) 2018-2030F; Y-o-Y Growth (%) 2019-2030F

2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America) By Value (USD Million) 2018-2030F; Y-o-Y Growth (%) 2019-2030F

3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe) By Value (USD Million) 2018-2030F; Y-o-Y Growth (%) 2019-2030F

4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific) By Value (USD Million) 2018-2030F; Y-o-Y Growth (%) 2019-2030F

5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa) By Value (USD Million) 2018-2030F; Y-o-Y Growth (%) 2019-2030F

2. By Product type: Market Share (2019-2030F)

1. Single Vitamin Gummy,By Value (USD Million) 2018-2030F; Y-o-Y Growth (%) 2019-2030F

2. Multi-vitamin Gummy, By Value (USD Million) 2018-2030F; Y-o-Y Growth (%) 2019-2030F

3. Pro-biotic vitamin Gummy, By Value (USD Million) 2018-2030F; Y-o-Y Growth (%) 2019-2030F

3. By End Users: Market Share (2019-2030F)

1. Children, By Value (USD Million) 2018-2030F; Y-o-Y Growth (%) 2019-2030F

2. Adults, By Value (USD Million) 2018-2030F; Y-o-Y Growth (%) 2019-2030F

4. By Application: Market Share (2019-2030F)

1. Food Supplements, By Value (USD Million) 2018-2030F; Y-o-Y Growth (%) 2019-2030F

2. Immunity, By Value (USD Million) 2018-2030F; Y-o-Y Growth (%) 2019-2030F

3. Vitamin Deficiency, By Value (USD Million) 2018-2030F; Y-o-Y Growth (%) 2019-2030F

4. Weight Management, By Value (USD Million) 2018-2030F; Y-o-Y Growth (%) 2019-2030F

5. Others, By Value (USD Million) 2018-2030F; Y-o-Y Growth (%) 2019-2030F

5. By Distribution Channel: Market Share (2019-2030F)

1. Specialty Stores, , , and Others, By Value (USD Million) 2018-2030F; Y-o-Y Growth (%) 2019-2030F

2. Retail Pharmacies, By Value (USD Million) 2018-2030F; Y-o-Y Growth (%) 2019-2030F

3. Supermarkets/Hypermarkets, By Value (USD Million) 2018-2030F; Y-o-Y Growth (%) 2019-2030F

4. Online Sales Channel, By Value (USD Million) 2018-2030F; Y-o-Y Growth (%) 2019-2030F

5. Others, By Value (USD Million) 2018-2030F; Y-o-Y Growth (%) 2019-2030F

Company Profile

1. Bayer AG

1. Company Overview

2. Company Total Revenue (Financials)

3. Market Potential

4. Global Presence

5. Key Performance Indicators

6. SWOT Analysis

7. Product Launch

2. Pfizer Inc.

3. Olly Public Benefit Corporation

4. Ion Labs Inc.

5. Church & Dwight, Inc., The Honest Company, Inc.,

6. Pharmavite LLC.

7. Bettera Wellness

8. Ion Labs Inc.

9. Hero Nutritionals LLC

10. SmartyPants Vitamins

11. Other Prominent Players

Consultant Recommendation

**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)