DUBLIN, Jan. 24, 2024 (GLOBE NEWSWIRE) -- The 2030 Global Gum Vitamin Competitive Index by Product Type, Source, Packaging Type, End User, Distribution Channel and Region - Partner Ecosystem, Consumer and Regional Footprint has been released. released. Released. Added to ResearchAndMarkets.com offering.
The global gluten-containing vitamin market has demonstrated significant growth potential, from a current value of $24.4 billion in 2022 to a projected value of $73.51 billion by 2030. This growth, calculated at a compound annual growth rate (CAGR) of 14.78% over the forecast period from 2023 to 2030, reflects the growing popularity and consumer demand for nutritional supplements packaged in convenient and fun formats.
Vitamin deficiencies are driving demand for easy-to-use supplements.
The accelerated growth of the glutamate vitamins market is a direct response to the growing global prevalence of vitamin deficiencies. Shifting dietary preferences toward processed and fast foods has resulted in a noticeable gap in the intake of essential vitamins and minerals, especially vitamins C, D, and various B vitamins. As consumers become increasingly aware of the importance of preventative health care, demand for gluten-free vitamins is growing from - because of their ease of use, delicious taste and varied nutritional composition, especially for children and the elderly who have difficulty swallowing traditional grains.
Impact of population aging on market dynamics
The rise of an aging population has fueled the gluten-containing vitamin industry. As older adults actively seek gentler supplements to meet their specific health needs, vitamin manufacturers are creating multivitamins rich in targeted nutrients such as calcium, vitamin D and antioxidants to support areas such as bone health, health, brain function and immunity. procedure.
A Closer Look at the Expanding Market in Asia Pacific
Regionally, the Asia Pacific market is witnessing significant growth due to rising health awareness, increasing disposable income and growing focus on preventative healthcare. Countries like Japan and China are leading the former to meet the needs of their growing populations, while the latter are experiencing economic booms and changing eating habits to increase demand for gummy vitamins.
Comprehensive market analysis provides insight into various market segments, including the study of various product types such as single vitamin gummies, multivitamin gummies, and probiotic vitamin gummies, which are further segmented based on the end-consumer source and packaging and distribution channels. The research report examines the fundamentals of regional markets, including high-potential markets such as North America, Latin America, Europe, and the Middle East and Africa, and identifies growth opportunities through a deep understanding of market dynamics and competitive landscape.
Market Review
The phenomenal growth of the glutamate vitamins market is attributed to vitamin shortages, aging global population, consumer preference for convenient nutritional supplements and rising health awareness.
The Asia-Pacific region is currently witnessing significant market expansion driven by economic growth and increasing health and nutrition awareness.
Industry players are reshaping their strategies and product offerings to adapt to regional preferences and the growing demand for customized nutritional supplements.
Companies mentioned
Bettera Brands LLC (USA)
Life Sciences and Nutrition (Canada)
Church and Dwight (USA)
Softgel (US)
Clorox Company (USA)
Xanon Vitamik Company (USA)
Ollie Public Benefit Corporation (USA)
Hero Nutritionals, LLC (USA)
SmartyPants Inc. (United States)
Nature's Way Products, LLC (USA)
Herbaland Naturals (Canada)
Nature's Bounty Inc. (USA)
Nutra Solutions (USA)
Nutrition Manufacturing Limited (USA)
IM Healthcare (India)
Vitachem Nutraceuticals Inc. (USA)
Emest Jackson (UK)
X-Pair Group (Germany)
Santa Cruz Nutrition (USA)
Boskogen, Inc. (United States)
For more information about this report, visit https://www.researchandmarkets.com/r/lbwgnu.
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