Market Overview:
The global vitamin B complex gummy market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for vitamin B complex gummies from adults and kids. Additionally, the growing awareness about the benefits of taking vitamin B complex supplements is also contributing to the growth of this market. On the basis of type, the global vitamin B complex gummy market can be segmented into cherry, strawberry, raspberry, lemon, rainbow and others. Among these segments, cherry held a major share in 2017 and is expected to continue its dominance during the forecast period as well.
Product Definition:
A vitamin B complex gummy is a type of candy that is made to look like a small, colorful, and round gumdrop. The vitamins found in these candies are typically B1 (thiamine), B2 (riboflavin), B3 (niacin), and sometimes vitamin B12.
Cherry:
Cherry is a fruit and it's scientific name is Prunus Cerasus. It's also known as Japanese cherry, European cherry or simply as cherry in some countries. The cultivation of the fruit tree has been prevalent for over two thousand years in Japan and China. The geographical location of the countries helps to grow different varieties of fruits with various nutritional content which further help to treat many diseases like cardiovascular diseases, skin problems, etc.
Strawberry:
Strawberry is a fruit and berry and is also known as the "king of fruits". It's native land being reported as the United States, has been cultivated in all corners of the globe. The cultivation process for this fruit varies from region to region. In North America, it's grown almost everywhere whereas in Europe, it mostly found in U.K., Ireland, France & some parts of Italy.
Application Insights:
For adults segment held the largest share of vitamin b complex gummies market in 2017. The increasing use of vitamins for maintaining health and wellness among adults is expected to be a key factor driving the demand over the forecast period. For instance, according to a survey conducted by National Health Statistics Report, it was found that around 40% of U.S population aged between 50-64 years have insufficient intake of vitamin B6 which is required to maintain optimal health and well-being.
The growing awareness about healthy lifestyle practices among millennials in developed countries including Germany, France and U.K., is expected to drive demand for adult products over next few years as these consumers are more inclined towards natural supplements derived from whole food sources rather than synthetic or artificial additives sold in conventional retail stores or online shops.
Regional Analysis:
North America was the largest market for vitamin B complex gummies, accounting for more than 35.0% share of the global revenue in 2017. The U.S., in particular, is one of the most lucrative markets across the globe owing to high product demand as a result of increased consumer awareness regarding health and well-being coupled with an increasing number of retail outlets specialized in natural products offering a wide range of options to choose from.
Asia Pacific is expected to be one among the fastest growing regions with a CAGR exceeding 6.5% during the forecast period owing to rising disposable income levels and improving standard of living resulting from economic growth along with government initiatives promoting basic amenities such as improved healthcare facilities.
Growth Factors:
- Increasing awareness about the benefits of Vitamin B Complex Gummy supplements among consumers.
- Rising demand for convenience foods, especially among working professionals and young adults.
- Growing popularity of gummy bears as a form of candy and snacks among children and adults alike.
- increasing disposable income levels of consumers in developed countries, which is driving demand for premium-priced vitamin supplements products such as Vitamin B Complex Gummies . 5) Availability of a wide variety of flavors in the market that cater to different consumer preferences
Scope Of The Report
Report Attributes
Report Details
Report Title
Vitamin B Complex Gummy Market Research Report
By Type
Cherry, Strawberry, Raspberry, Lemon, Rainbow, Others
By Application
For Kids, For Adults
By Companies
Church & Dwight, GNC, Nature Made, Nordic Naturals, Rainbow Light, Smart Pants Vitamins, Hero Nutritionals, DrFormulas, Coromega, Bayer, BIOGLAN, OLLY, L'il Critters, Jamieson Vitamins, HEB, Swanson Vitamins, Nature's Dynamics, Nature's Way, Herbaland, Havasu Nutrition
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Vitamin B Complex Gummy Market Report Segments:
The global Vitamin B Complex Gummy market is segmented on the basis of:
Types
Cherry, Strawberry, Raspberry, Lemon, Rainbow, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
For Kids, For Adults
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Church & Dwight
- GNC
- Nature Made
- Nordic Naturals
- Rainbow Light
- Smart Pants Vitamins
- Hero Nutritionals
- DrFormulas
- Coromega
- Bayer
- BIOGLAN
- OLLY
- L'il Critters
- Jamieson Vitamins
- HEB
- Swanson Vitamins
- Nature's Dynamics
- Nature's Way
- Herbaland
- Havasu Nutrition
Highlights of The Vitamin B Complex Gummy Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cherry
- Strawberry
- Raspberry
- Lemon
- Rainbow
- Others
- By Application:
- For Kids
- For Adults
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vitamin B Complex Gummy Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Vitamin B Complex Gummy is a gummy vitamin supplement that provides the body with all of the essential vitamins and minerals needed to function properly. These gummies are made with natural ingredients and are gluten-free, vegan, soy-free, dairy-free, sugar-free, and grain free.
Some of the major companies in the vitamin b complex gummy market are Church & Dwight, GNC, Nature Made, Nordic Naturals, Rainbow Light, Smart Pants Vitamins, Hero Nutritionals, DrFormulas, Coromega, Bayer, BIOGLAN, OLLY, L'il Critters, Jamieson Vitamins, HEB, Swanson Vitamins, Nature's Dynamics, Nature's Way, Herbaland, Havasu Nutrition.
The vitamin b complex gummy market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vitamin B Complex Gummy Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Vitamin B Complex Gummy Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Vitamin B Complex Gummy Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Vitamin B Complex Gummy Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Vitamin B Complex Gummy Market Size & Forecast, 2018-2028 4.5.1 Vitamin B Complex Gummy Market Size and Y-o-Y Growth 4.5.2 Vitamin B Complex Gummy Market Absolute $ Opportunity
Chapter 5 Global Vitamin B Complex Gummy Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Vitamin B Complex Gummy Market Size Forecast by Type
5.2.1 Cherry
5.2.2 Strawberry
5.2.3 Raspberry
5.2.4 Lemon
5.2.5 Rainbow
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vitamin B Complex Gummy Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Vitamin B Complex Gummy Market Size Forecast by Applications
6.2.1 For Kids
6.2.2 For Adults
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vitamin B Complex Gummy Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Vitamin B Complex Gummy Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Vitamin B Complex Gummy Analysis and Forecast
9.1 Introduction
9.2 North America Vitamin B Complex Gummy Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Vitamin B Complex Gummy Market Size Forecast by Type
9.6.1 Cherry
9.6.2 Strawberry
9.6.3 Raspberry
9.6.4 Lemon
9.6.5 Rainbow
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Vitamin B Complex Gummy Market Size Forecast by Applications
9.10.1 For Kids
9.10.2 For Adults
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Vitamin B Complex Gummy Analysis and Forecast
10.1 Introduction
10.2 Europe Vitamin B Complex Gummy Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Vitamin B Complex Gummy Market Size Forecast by Type
10.6.1 Cherry
10.6.2 Strawberry
10.6.3 Raspberry
10.6.4 Lemon
10.6.5 Rainbow
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Vitamin B Complex Gummy Market Size Forecast by Applications
10.10.1 For Kids
10.10.2 For Adults
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Vitamin B Complex Gummy Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vitamin B Complex Gummy Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Vitamin B Complex Gummy Market Size Forecast by Type
11.6.1 Cherry
11.6.2 Strawberry
11.6.3 Raspberry
11.6.4 Lemon
11.6.5 Rainbow
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Vitamin B Complex Gummy Market Size Forecast by Applications
11.10.1 For Kids
11.10.2 For Adults
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Vitamin B Complex Gummy Analysis and Forecast
12.1 Introduction
12.2 Latin America Vitamin B Complex Gummy Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Vitamin B Complex Gummy Market Size Forecast by Type
12.6.1 Cherry
12.6.2 Strawberry
12.6.3 Raspberry
12.6.4 Lemon
12.6.5 Rainbow
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Vitamin B Complex Gummy Market Size Forecast by Applications
12.10.1 For Kids
12.10.2 For Adults
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Vitamin B Complex Gummy Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vitamin B Complex Gummy Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Vitamin B Complex Gummy Market Size Forecast by Type
13.6.1 Cherry
13.6.2 Strawberry
13.6.3 Raspberry
13.6.4 Lemon
13.6.5 Rainbow
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Vitamin B Complex Gummy Market Size Forecast by Applications
13.10.1 For Kids
13.10.2 For Adults
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Vitamin B Complex Gummy Market: Competitive Dashboard
14.2 Global Vitamin B Complex Gummy Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Church & Dwight
14.3.2 GNC
14.3.3 Nature Made
14.3.4 Nordic Naturals
14.3.5 Rainbow Light
14.3.6 Smart Pants Vitamins
14.3.7 Hero Nutritionals
14.3.8 DrFormulas
14.3.9 Coromega
14.3.10 Bayer
14.3.11 BIOGLAN
14.3.12 OLLY
14.3.13 L'il Critters
14.3.14 Jamieson Vitamins
14.3.15 HEB
14.3.16 Swanson Vitamins
14.3.17 Nature's Dynamics
14.3.18 Nature's Way
14.3.19 Herbaland
14.3.20 Havasu Nutrition