Market Overview:
The global vitamin fudge market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing awareness about the benefits of vitamins and minerals, rising demand for healthy snacks, and growing trend of snacking among consumers. The global vitamin fudge market can be segmented on the basis of type into multivitamin fudge and monovitamin fudge. Multivitamin Fudge is a combination of different types of vitamins while Monovitamin Fudges are those that contain only one type off vitamin. On the basis if application, the market can be divided into children use and adult use segments. Among these, children’s segment dominates due to their high nutritional needs as compared to adults’ requirements which are comparatively low in terms off daily intake values set by various health organizations across different countries worldwide .Geographically, North America dominates the global Vitamin Fudges Market followed by Europe due high demand for healthy food products in these regions .
Product Definition:
A sweet, chocolatey treat that is high in both vitamins and minerals. Vitamin Fudge is a great way to boost your energy levels and help you stay healthy.
Multivitamin Fudge:
Multivitamin fudge is a confectionery product, which consists of more than one vitamin in it. It contains vitamins A & D and sometimes other ingredients as well. The multivitamin ingredient makes the product healthy for consumption as it helps to meet daily requirements of important nutrients such as Vitamin A (Retinol & carotenoids), Vitamin D (Cholecalciferol), B6 (pyridoxine) and B12 (cobalamin).
Monovitamin Fudge:
Monovitamin fudge is a confectionery product manufactured using vitamin monoxide and sugar. It is primarily marketed to children as it has a sweet taste, which makes it more appealing to them. Monovitamin fudge also provides an energy boost when consumed in the morning along with other nutrients like iron, magnesium and zinc that are essential for the growth of an infant’s body.
Application Insights:
The children use segment held the largest market share of over 60% in 2017. Growing awareness among parents regarding the importance of providing their children with required nutrients is expected to remain a prominent trend. Increasing consumption of confectionery products such as fudge is also likely to contribute toward growth.
Adult use segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to rising demand for nutritious and healthy snacks and confectionery products especially among fitness enthusiasts, athletes, weightlifters, bodybuilders and people who have special dietary requirements or are prone towards medical conditions such as diabetes or hypertension. Increasing demand for sports nutrition supplements by gym professionals along with growing popularity of online workout programs will drive the product demand in this application segment over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast years owing to growing consumer awareness regarding a healthy lifestyle and increasing health concerns over chronic diseases. Asia Pacific is anticipated to witness significant growth over the next eight years due to rising disposable income levels, improving healthcare infrastructure, and expanding population base in developing economies including China, India, Thailand among others. Moreover multivitamins are considered essential for pregnant women which will further boost demand for these products across this region.
Europe was valued at USD X billion in 2017 and is expected to grow at a significant rate during the forecast period on account of high product demand from countries including Germany, U K., Italy among others where consumers prefer natural vitamin fudge products over synthetic ones owingKoninklijke Philips N.V.
Growth Factors:
- Increasing awareness about the health benefits of Vitamin Fudge among consumers.
- Growing demand for healthy and nutritious snacks among health-conscious consumers.
- Rising popularity of vegan and organic food products among consumers.
- increasing disposable income of consumers in developing countries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vitamin Fudge Market Research Report
By Type
Multivitamin Fudge, Monovitamin Fudge
By Application
Children Use, Adult Use
By Companies
Bayer, Church & Dwight Co, Pharmavite, Nature’s Way, Smarty Pants Vitamins, Hero Nutritionals, Nature’s Bounty, Inc, Life Science Nutritionals, Rainbow Light, Herbaland, Olly Nutrition, Sirio Pharma
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
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Vitamin Fudge Market Report Segments:
The global Vitamin Fudge market is segmented on the basis of:
Types
Multivitamin Fudge, Monovitamin Fudge
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
Children Use, Adult Use
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:
- Bayer
- Church & Dwight Co
- Pharmavite
- Nature’s Way
- Smarty Pants Vitamins
- Hero Nutritionals
- Nature’s Bounty, Inc
- Life Science Nutritionals
- Rainbow Light
- Herbaland
- Olly Nutrition
- Sirio Pharma
Highlights of The Vitamin Fudge 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:
- Multivitamin Fudge
- Monovitamin Fudge
- By Application:
- Children Use
- Adult Use
- 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 Fudge 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.
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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 Fudge is a type of candy that is made from sugar, corn syrup, and artificial flavors. It was first created in the early 1900s.
Some of the key players operating in the vitamin fudge market are Bayer, Church & Dwight Co, Pharmavite, Nature’s Way, Smarty Pants Vitamins, Hero Nutritionals, Nature’s Bounty, Inc, Life Science Nutritionals, Rainbow Light, Herbaland, Olly Nutrition, Sirio Pharma.
The vitamin fudge 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 Fudge 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 Fudge Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Vitamin Fudge 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 Fudge 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 Fudge Market Size & Forecast, 2020-2028 4.5.1 Vitamin Fudge Market Size and Y-o-Y Growth 4.5.2 Vitamin Fudge Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Multivitamin Fudge
5.2.2 Monovitamin Fudge
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Children Use
6.2.2 Adult Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vitamin Fudge 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 Fudge 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Multivitamin Fudge
9.6.2 Monovitamin Fudge
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 Market Size Forecast by Applications
9.10.1 Children Use
9.10.2 Adult Use
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Multivitamin Fudge
10.6.2 Monovitamin Fudge
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 Market Size Forecast by Applications
10.10.1 Children Use
10.10.2 Adult Use
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Multivitamin Fudge
11.6.2 Monovitamin Fudge
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 Market Size Forecast by Applications
11.10.1 Children Use
11.10.2 Adult Use
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Multivitamin Fudge
12.6.2 Monovitamin Fudge
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 Market Size Forecast by Applications
12.10.1 Children Use
12.10.2 Adult Use
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Multivitamin Fudge
13.6.2 Monovitamin Fudge
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) Market Size Forecast by Applications
13.10.1 Children Use
13.10.2 Adult Use
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 Fudge Market: Competitive Dashboard
14.2 Global Vitamin Fudge Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bayer
14.3.2 Church & Dwight Co
14.3.3 Pharmavite
14.3.4 Nature’s Way
14.3.5 Smarty Pants Vitamins
14.3.6 Hero Nutritionals
14.3.7 Nature’s Bounty, Inc
14.3.8 Life Science Nutritionals
14.3.9 Rainbow Light
14.3.10 Herbaland
14.3.11 Olly Nutrition
14.3.12 Sirio Pharma