Gummy Vitamins Market to Reach a Valuation of US$ 5.8 Bn by 2029

Children-centric Product Approach to Hold Better Shot at Success in Gummy Vitamins Market

Gummy vitamins, or as growing in popularity as candy-ceuticals, are anticipated to make inroads in the nutraceutical industry at a value CAGR of ~6% over 2019-2029. According to a study published by Transparency Market Research (TMR) on the global gummy vitamins market, the consumption of gummy vitamins among females is high in value; however, children will emerge as the leading consumers of these vitamins by 2024. ‘Organic’ being the buzzword synonymous with healthy products, it is likely to occupy labels of extant and the future gummy vitamin products.

In the current range of production, players in the gummy vitamins market possess the competency to achieve a diversified portfolio by experimenting with textures, shapes, and flavors. However, as consumers become more aware of preventive healthcare, on account of the information-oriented campaigning approach taken by manufacturers, it is imperative that market players increase their production capacities to reap the impending opportunities present in the gummy vitamins market.

Imbalance of Nutrient and Sugar Level in Gummy Formulations Could Impede Sales

Considering the ‘flavor’ attribute of gummy vitamins to be the leading success factor for their uptake, the very ingredient – sugar – that enhances their taste could pose as a threat of cavities among children. It is also worth noting that, the negative impact of consuming gummy vitamins, on a frequent basis, doesn’t only show on children’s health. According to the American Heart Association, the intake of added sugar should not exceed 150 calories in a day, among men, and 100 calories in a day, among women. However, the flavorful nature of gummies could lead to their overconsumption, which, coupled with the lack of knowledge about high doses, could deteriorate the health of diabetic, obese, and individuals suffering from high cholesterol levels.

Strong expertise with attention to detail makes our market research reports stand apart. Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=31889

With the growing popularity of these vitamins, individuals are also gaining intellect regarding their health implications, which could limit the otherwise anticipated steady growth of the gummy vitamins market.

In Focus: High RoI Potential of Developing Countries in Asia Pacific

An intensified approach taken towards maintaining health by modern individuals of North America complements the ample marketing initiatives taken by market players to penetrate information regarding the long-term health benefits offered by gummy products. Sensing enormous potential, leading players operating in the region are switching their manual business operations to digital media in order to achieve high production capacity with customized product development, and cross-border sales through online channels.

According to the study, besides individuals in developed countries, consumers in developing countries who look for additional nutrients to meet the demands of their fast-paced lifestyles are projected to play a pivotal role in the advancement of the gummy vitamins market. The high population density in China and India, coupled with the rising influence of the urban sprawl, is projected to drive the Asia Pacific gummy vitamins market at an exponential rate.

Analysts’ Perspective on Gummy Vitamins Market

Authors of the study opine that, the gummy vitamins market will grow ~1.8X during the forecast period. The commonly found iron deficiency among women will lead to a massive uptake in the sales of gummy products among adults, while the financial lucidity coming in from dual-working households holds high potential to channelize these vitamins in the children’s space.

Opportunities will grow and remain underpinned by the advent and advancement of e-Commerce portals that bring sales closure through attractive deals and discounts, even from oversea regions. Profitability held by the market will inspire new entrants to foray and capitalize on the fickle choices of consumers regarding flavors; however, high upfront CAPEX could limit the number of new players. Though consumers favor bottles and jars as packaging types, gummy vitamins in stand-up pouches hold a propitious future. The ill-health effects of high sugar offers a stage for market players to develop sugar-free gummies, so as to stand out in the competitive gummy vitamins market space

Read More:

Gummy Vitamins Market: Cognizance for Preventative Healthcare to Spur Demand

• A recently published report by TMR states that, prospects of the gummy vitamins market will remain bullish, growing at a CAGR of ~6%, from ~US$ 3.1 Bn in 2018 to ~US$ 5.8 Bn in 2029.
• The impressive growth rate of the gummy vitamins market is due to the geriatric population beginning to realize the various benefits of gummy vitamins over pills and tablets.
• The growth of the gummy vitamins market will also remain influential by various external factors, including rising awareness of preventative healthcare, increasing product preference over capsules and tablets, and innovative product attributes, perpetually molding the marketplace.
• The rich taste and texture with high nutritional benefits of gummy vitamins are providing impetus to the growth of the gummy vitamins market space.
• Gummy vitamins have several inherent advantages over their larger counterparts. These are easy to swallow and easily digestible, with a flavorful taste. These factors make them particularly well-suited for the geriatric population and children.
• Notable manufacturers produce gummy vitamins with high nutritional values, long shelf-life, which are enriched with probiotics with excellent texture and flavor properties.

Request for covid19 Impact Analysis – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=31889

Gummy Vitamins Market: Increasing Demand from Adults to Treat Various Diseases

• Gummy vitamins have witnessed permeation among adults as well as children. However, the past few years have observed a relative spurt in demand from the latter.
• Elderly people often lose their appetite as they age. This makes them vulnerable to vitamin deficiencies due to the inability to derive the required amount of nutrients from food. This can be addressed through the consumption of gummy vitamins.
• Gummy vitamins are one of the most popular supplementary choices among the elderly people, as vitamin deficiency increases the probability of night blindness, fragile bones, and mental imbalance.

Organic and Non-GMO Foods a New Trend among Consumers

• Organic gummy vitamins are gaining traction among consumers, owing to the environment-friendly cultivation of their raw materials without the usage of pesticides.
• GMO-based food commodities produce unpredictable side effects on the overall health of humans. The chemical compounds present in GMO foods may harm the body, and its cause may remain undetected. Some studies suggest that, the consumption of GMO foods can cause toxemia or liver damage. As a result, consumers are shifting towards natural, organic, and non-GMO certified gummy vitamins.
• Despite being an expensive commodity, consumers are willing to pay more for organic gummy vitamin products, majorly to adopt healthy eating habits. The growing intention to purchase natural gummy vitamins is also witnessed in developing countries, owing to the affluence of food safety and quality trends among consumers, as such, boosting the gummy vitamins market.

Highly Nutritious Gummy Vitamins with Emphasis on Taste & Texture

• Increased demand for gummy vitamins has been witnessed in recent years, leading to the launch of various ingredient-specific products. Gummy vitamins that are enriched with probiotics have gained high traction over the last few years.
• The health benefits of probiotics in terms of providing dietary supplements, immunity, increasing digestion efficiency, and healthy aging have made gummy vitamins one of the preferred products among consumers.
• Research studies have provided insights regarding the beneficial effects of probiotics in various health conditions such as diarrhea, irritable bowel syndrome, ulcerative colitis, vaginal infection, and urinary tract infection, among others. Moreover, the flavorful taste of gummy vitamins has been the primary incentive in comparison to other less-appetizing tablets.

Buy our Premium Research Report on Gummy Vitamins Market @ https://www.transparencymarketresearch.com/checkout.php?rep_id=31889&ltype=S

Innovations of Existing Products by Manufacturers to Increase in the Highly Competitive Gummy Vitamins Market

• The global gummy vitamins market is witnessing high growth with an exponentially increasing demand for nutritional products. With the motive of benefitting from numerous lucrative opportunities, the number of manufacturers in the global gummy vitamins market is increasing rapidly, with leading players expanding their production capabilities.
• A large number of players entering the gummy vitamins market has intensified the competition among them. As a result, strategic innovation remains the key strategy to survive in the cut-throat competition in this space.
• Manufacturers are being incentivized remarkably for stressing the aspect of strategic innovations. They are venturing to expand the use of gummy vitamins for pets, apart from human consumption. Manufacturers are constantly innovating their products in order to cater to the untapped opportunities in the pet segment.

Maintaining Nutrients and Sugar Balance to Pose a Challenge to Manufacturers

• Gummy vitamins contain sugar, which can increase the risk of cavities among children. Moreover, regular intake of gummy vitamins can increase the sugar level among diabetic patients. A few vitamins are fat soluble, such as vitamin A or beta-carotene, and E.
• Overconsumption of these vitamin supplements can lead to toxicity in the body, and can cause side effects such as nausea and vomiting sensation. These are like gummy candies with high content of sugar. As compared to standard multivitamins, gummy vitamins have seven times as much sugar.
• They also have four times as much calories per vitamin. Hence, maintaining a balance of nutrients or vitamins is a challenging task for manufacturers, taking into consideration the several side effects associated with the overconsumption of both, vitamins and sugar.

More Trending Reports by Transparency Market Research – https://www.prnewswire.com/news-releases/coconut-syrup-market-to-reach-valuation-of-us-354-mn-by-2029-demand-for-organic-food-in-us-shall-propel-the-dominance-of-north-america-in-global-market-finds-tmr-301027365.html

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: [email protected]
Follow Us: Twitter | LinkedIn
Blog: https://tmrblog.com

Children-centric Product Approach to Hold Better Shot at Success in Gummy Vitamins Market

Gummy vitamins, or as growing in popularity as candy-ceuticals, are anticipated to make inroads in the nutraceutical industry at a value CAGR of ~6% over 2019-2029. According to a study published by Transparency Market Research (TMR) on the global gummy vitamins market, the consumption of gummy vitamins among females is high in value; however, children will emerge as the leading consumers of these vitamins by 2024. ‘Organic’ being the buzzword synonymous with healthy products, it is likely to occupy labels of extant and the future gummy vitamin products.

In the current range of production, players in the gummy vitamins market possess the competency to achieve a diversified portfolio by experimenting with textures, shapes, and flavors. However, as consumers become more aware of preventive healthcare, on account of the information-oriented campaigning approach taken by manufacturers, it is imperative that market players increase their production capacities to reap the impending opportunities present in the gummy vitamins market.

Imbalance of Nutrient and Sugar Level in Gummy Formulations Could Impede Sales

Considering the ‘flavor’ attribute of gummy vitamins to be the leading success factor for their uptake, the very ingredient – sugar – that enhances their taste could pose as a threat of cavities among children. It is also worth noting that, the negative impact of consuming gummy vitamins, on a frequent basis, doesn’t only show on children’s health. According to the American Heart Association, the intake of added sugar should not exceed 150 calories in a day, among men, and 100 calories in a day, among women. However, the flavorful nature of gummies could lead to their overconsumption, which, coupled with the lack of knowledge about high doses, could deteriorate the health of diabetic, obese, and individuals suffering from high cholesterol levels.

Strong expertise with attention to detail makes our market research reports stand apart. Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=31889

With the growing popularity of these vitamins, individuals are also gaining intellect regarding their health implications, which could limit the otherwise anticipated steady growth of the gummy vitamins market.

In Focus: High RoI Potential of Developing Countries in Asia Pacific

An intensified approach taken towards maintaining health by modern individuals of North America complements the ample marketing initiatives taken by market players to penetrate information regarding the long-term health benefits offered by gummy products. Sensing enormous potential, leading players operating in the region are switching their manual business operations to digital media in order to achieve high production capacity with customized product development, and cross-border sales through online channels.

According to the study, besides individuals in developed countries, consumers in developing countries who look for additional nutrients to meet the demands of their fast-paced lifestyles are projected to play a pivotal role in the advancement of the gummy vitamins market. The high population density in China and India, coupled with the rising influence of the urban sprawl, is projected to drive the Asia Pacific gummy vitamins market at an exponential rate.

Analysts’ Perspective on Gummy Vitamins Market

Authors of the study opine that, the gummy vitamins market will grow ~1.8X during the forecast period. The commonly found iron deficiency among women will lead to a massive uptake in the sales of gummy products among adults, while the financial lucidity coming in from dual-working households holds high potential to channelize these vitamins in the children’s space.

Opportunities will grow and remain underpinned by the advent and advancement of e-Commerce portals that bring sales closure through attractive deals and discounts, even from oversea regions. Profitability held by the market will inspire new entrants to foray and capitalize on the fickle choices of consumers regarding flavors; however, high upfront CAPEX could limit the number of new players. Though consumers favor bottles and jars as packaging types, gummy vitamins in stand-up pouches hold a propitious future. The ill-health effects of high sugar offers a stage for market players to develop sugar-free gummies, so as to stand out in the competitive gummy vitamins market space

Read More:

Gummy Vitamins Market: Cognizance for Preventative Healthcare to Spur Demand

• A recently published report by TMR states that, prospects of the gummy vitamins market will remain bullish, growing at a CAGR of ~6%, from ~US$ 3.1 Bn in 2018 to ~US$ 5.8 Bn in 2029.
• The impressive growth rate of the gummy vitamins market is due to the geriatric population beginning to realize the various benefits of gummy vitamins over pills and tablets.
• The growth of the gummy vitamins market will also remain influential by various external factors, including rising awareness of preventative healthcare, increasing product preference over capsules and tablets, and innovative product attributes, perpetually molding the marketplace.
• The rich taste and texture with high nutritional benefits of gummy vitamins are providing impetus to the growth of the gummy vitamins market space.
• Gummy vitamins have several inherent advantages over their larger counterparts. These are easy to swallow and easily digestible, with a flavorful taste. These factors make them particularly well-suited for the geriatric population and children.
• Notable manufacturers produce gummy vitamins with high nutritional values, long shelf-life, which are enriched with probiotics with excellent texture and flavor properties.

Request for covid19 Impact Analysis – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=31889

Gummy Vitamins Market: Increasing Demand from Adults to Treat Various Diseases

• Gummy vitamins have witnessed permeation among adults as well as children. However, the past few years have observed a relative spurt in demand from the latter.
• Elderly people often lose their appetite as they age. This makes them vulnerable to vitamin deficiencies due to the inability to derive the required amount of nutrients from food. This can be addressed through the consumption of gummy vitamins.
• Gummy vitamins are one of the most popular supplementary choices among the elderly people, as vitamin deficiency increases the probability of night blindness, fragile bones, and mental imbalance.

Organic and Non-GMO Foods a New Trend among Consumers

• Organic gummy vitamins are gaining traction among consumers, owing to the environment-friendly cultivation of their raw materials without the usage of pesticides.
• GMO-based food commodities produce unpredictable side effects on the overall health of humans. The chemical compounds present in GMO foods may harm the body, and its cause may remain undetected. Some studies suggest that, the consumption of GMO foods can cause toxemia or liver damage. As a result, consumers are shifting towards natural, organic, and non-GMO certified gummy vitamins.
• Despite being an expensive commodity, consumers are willing to pay more for organic gummy vitamin products, majorly to adopt healthy eating habits. The growing intention to purchase natural gummy vitamins is also witnessed in developing countries, owing to the affluence of food safety and quality trends among consumers, as such, boosting the gummy vitamins market.

Highly Nutritious Gummy Vitamins with Emphasis on Taste & Texture

• Increased demand for gummy vitamins has been witnessed in recent years, leading to the launch of various ingredient-specific products. Gummy vitamins that are enriched with probiotics have gained high traction over the last few years.
• The health benefits of probiotics in terms of providing dietary supplements, immunity, increasing digestion efficiency, and healthy aging have made gummy vitamins one of the preferred products among consumers.
• Research studies have provided insights regarding the beneficial effects of probiotics in various health conditions such as diarrhea, irritable bowel syndrome, ulcerative colitis, vaginal infection, and urinary tract infection, among others. Moreover, the flavorful taste of gummy vitamins has been the primary incentive in comparison to other less-appetizing tablets.

Buy our Premium Research Report on Gummy Vitamins Market @ https://www.transparencymarketresearch.com/checkout.php?rep_id=31889&ltype=S

Innovations of Existing Products by Manufacturers to Increase in the Highly Competitive Gummy Vitamins Market

• The global gummy vitamins market is witnessing high growth with an exponentially increasing demand for nutritional products. With the motive of benefitting from numerous lucrative opportunities, the number of manufacturers in the global gummy vitamins market is increasing rapidly, with leading players expanding their production capabilities.
• A large number of players entering the gummy vitamins market has intensified the competition among them. As a result, strategic innovation remains the key strategy to survive in the cut-throat competition in this space.
• Manufacturers are being incentivized remarkably for stressing the aspect of strategic innovations. They are venturing to expand the use of gummy vitamins for pets, apart from human consumption. Manufacturers are constantly innovating their products in order to cater to the untapped opportunities in the pet segment.

Maintaining Nutrients and Sugar Balance to Pose a Challenge to Manufacturers

• Gummy vitamins contain sugar, which can increase the risk of cavities among children. Moreover, regular intake of gummy vitamins can increase the sugar level among diabetic patients. A few vitamins are fat soluble, such as vitamin A or beta-carotene, and E.
• Overconsumption of these vitamin supplements can lead to toxicity in the body, and can cause side effects such as nausea and vomiting sensation. These are like gummy candies with high content of sugar. As compared to standard multivitamins, gummy vitamins have seven times as much sugar.
• They also have four times as much calories per vitamin. Hence, maintaining a balance of nutrients or vitamins is a challenging task for manufacturers, taking into consideration the several side effects associated with the overconsumption of both, vitamins and sugar.

More Trending Reports by Transparency Market Research – https://www.prnewswire.com/news-releases/coconut-syrup-market-to-reach-valuation-of-us-354-mn-by-2029-demand-for-organic-food-in-us-shall-propel-the-dominance-of-north-america-in-global-market-finds-tmr-301027365.html

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: [email protected]
Follow Us: Twitter | LinkedIn
Blog: https://tmrblog.com