Market Overview:
The global vitamin tonics market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for vitamin tonics due to their health benefits and rising awareness about their importance in daily diet. Additionally, the growing trend of self-medication is also propelling the demand for vitamin tonics globally. On the basis of type, the global vitamin tonics market can be segmented into syrup, tablets, capsules and injections. Among these segments, syrup held a dominant share in 2017 and is expected to maintain its lead during the forecast period as well. This can be attributed to its easy availability and low cost as compared to other types of vitamin tonics products.
Product Definition:
A vitamin tonic is a drink or other supplement that contains high levels of vitamins and minerals. They are often marketed as health drinks, and are claimed to improve overall health and well-being. While there is some evidence that vitamin tonics can be beneficial in certain cases, there is no evidence that they offer any significant benefits over other sources of vitamins and minerals.
Syrup:
Syrup is a drink made by dissolving sugar in water and is used as a food ingredient or medicine. It can be prepared from various sources such as cane sugar, beetroot sugar, honey, lactose and milk products. The most commonly used sweeteners are sucrose (table Sugar) and glucose.
Tablets:
Tablets are small solid packages containing a drug or medicine. They can be used as a single dose or in combination with other drugs. Tablets are easy to swallow and offer quick absorption, which helps in attaining the desired therapeutic effect.
The vitamin tonics market is expected to witness significant growth over the forecast period owing to increasing geriatric population across the globe coupled with rising awareness regarding health and fitness among adults.
Application Insights:
The retail pharmacies segment held the largest share of over 60.0% in 2017. This is attributed to growing consumer preference for purchasing medicines from pharmacies due to affordable prices as compared to medical stores or clinics. Moreover, retailers are able to offer vitamin tonics at lower prices as they purchase them in bulk, which attracts consumers towards the product and subsequently increases its demand among consumers.
Hospital pharmacies also accounted for a significant share owing to rising awareness about diseases and increasing healthcare spending by governments across various countries worldwide. Furthermore, these facilities have access to better quality products than that available in local shops due largely their greater purchasing power along with economies of scale resulting from large number of purchases made by them per day ensures high profit margins on each sale which encourages pharmacists working there towards including this product line within their offerings thus driving market growth among hospital pharmacy settings globally over the forecast period.
Regional Analysis:
North America was the largest market in 2017 and is anticipated to maintain its position during the forecast period. The region’s growth can be attributed to rising consumer awareness regarding health, fitness, and wellness along with increasing spending on dietary supplements. Moreover, growing adoption of tonics for enhanced immunity and prevention of common cold is expected to drive demand over the forecast period.
Asia Pacific is estimated to be one of the fastest-growing regions during the same period owing to improving healthcare infrastructure coupled with rising disposable income levels in emerging economies such as China & India.
Growth Factors:
- Increasing awareness about the health benefits of vitamin tonics among consumers.
- Rising demand for natural and organic products.
- Growing popularity of preventive healthcare measures among consumers.
- Proliferation of online retail channels that offer a wide range of vitamin tonics products at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vitamin Tonics Market Research Report
By Type
Syrup, Tablets, Capsules, Injections
By Application
Retail Pharmacies, Hospital Pharmacies, Online Pharmacies
By Companies
Abbott, Merck, DSM, BASF, Vitabiotics, LloydsPharmacy, New GPC, Xinfa Pharmaceutical, Albert David, Abbott
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
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Vitamin Tonics Market Report Segments:
The global Vitamin Tonics market is segmented on the basis of:
Types
Syrup, Tablets, Capsules, Injections
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
Retail Pharmacies, Hospital Pharmacies, Online Pharmacies
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:
- Abbott
- Merck
- DSM
- BASF
- Vitabiotics
- LloydsPharmacy
- New GPC
- Xinfa Pharmaceutical
- Albert David
- Abbott
Highlights of The Vitamin Tonics 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:
- Syrup
- Tablets
- Capsules
- Injections
- By Application:
- Retail Pharmacies
- Hospital Pharmacies
- Online Pharmacies
- 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 Tonics 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 tonics are a type of supplement that are designed to help improve the body's overall health. These supplements typically contain a variety of vitamins and minerals, as well as other ingredients, such as herbs or antioxidants. Some vitamin tonics may also include compounds known as phytonutrients, which have been shown to have beneficial effects on the body.
Some of the key players operating in the vitamin tonics market are Abbott, Merck, DSM, BASF, Vitabiotics, LloydsPharmacy, New GPC, Xinfa Pharmaceutical, Albert David, Abbott.
The vitamin tonics 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 Tonics 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 Tonics Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vitamin Tonics 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 Tonics 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 Tonics Market Size & Forecast, 2018-2028
4.5.1 Vitamin Tonics Market Size and Y-o-Y Growth
4.5.2 Vitamin Tonics Market Absolute $ Opportunity
Chapter 5 Global Vitamin Tonics 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 Tonics Market Size Forecast by Type
5.2.1 Syrup
5.2.2 Tablets
5.2.3 Capsules
5.2.4 Injections
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vitamin Tonics 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 Tonics Market Size Forecast by Applications
6.2.1 Retail Pharmacies
6.2.2 Hospital Pharmacies
6.2.3 Online Pharmacies
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vitamin Tonics 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 Tonics 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 Tonics Analysis and Forecast
9.1 Introduction
9.2 North America Vitamin Tonics 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 Tonics Market Size Forecast by Type
9.6.1 Syrup
9.6.2 Tablets
9.6.3 Capsules
9.6.4 Injections
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 Tonics Market Size Forecast by Applications
9.10.1 Retail Pharmacies
9.10.2 Hospital Pharmacies
9.10.3 Online Pharmacies
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 Tonics Analysis and Forecast
10.1 Introduction
10.2 Europe Vitamin Tonics 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 Tonics Market Size Forecast by Type
10.6.1 Syrup
10.6.2 Tablets
10.6.3 Capsules
10.6.4 Injections
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 Tonics Market Size Forecast by Applications
10.10.1 Retail Pharmacies
10.10.2 Hospital Pharmacies
10.10.3 Online Pharmacies
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 Tonics Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vitamin Tonics 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 Tonics Market Size Forecast by Type
11.6.1 Syrup
11.6.2 Tablets
11.6.3 Capsules
11.6.4 Injections
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 Tonics Market Size Forecast by Applications
11.10.1 Retail Pharmacies
11.10.2 Hospital Pharmacies
11.10.3 Online Pharmacies
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 Tonics Analysis and Forecast
12.1 Introduction
12.2 Latin America Vitamin Tonics 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 Tonics Market Size Forecast by Type
12.6.1 Syrup
12.6.2 Tablets
12.6.3 Capsules
12.6.4 Injections
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 Tonics Market Size Forecast by Applications
12.10.1 Retail Pharmacies
12.10.2 Hospital Pharmacies
12.10.3 Online Pharmacies
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 Tonics Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vitamin Tonics 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 Tonics Market Size Forecast by Type
13.6.1 Syrup
13.6.2 Tablets
13.6.3 Capsules
13.6.4 Injections
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 Tonics Market Size Forecast by Applications
13.10.1 Retail Pharmacies
13.10.2 Hospital Pharmacies
13.10.3 Online Pharmacies
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 Tonics Market: Competitive Dashboard
14.2 Global Vitamin Tonics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Abbott
14.3.2 Merck
14.3.3 DSM
14.3.4 BASF
14.3.5 Vitabiotics
14.3.6 LloydsPharmacy
14.3.7 New GPC
14.3.8 Xinfa Pharmaceutical
14.3.9 Albert David
14.3.10 Abbott
