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North America Multivitamin Gummies Market Size, Share & Industry Trends Analysis Report By Source, By Distribution Channel (Offline and Online), By Sales Channel (OTC and Prescribed), By End-user, By Application, By Country and Growth Forecast, 2023 - 2030

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    Report

  • 168 Pages
  • September 2023
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5903309
The North America Multivitamin Gummies Market would witness market growth of 9.8% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 1,285.0 million units, showcasing a growth of 10.4% (2019-2022).

Multivitamin gummies have transformed the way consumers perceive and intake dietary supplements. These flavorful, chewable alternatives to traditional pills and capsules offer a combination of essential vitamins and minerals, catering to adults and children. Their popularity has surged due to their palatability and convenience, making daily supplementation more enjoyable. The adoption of multivitamin gummies has been particularly noticeable among parents seeking to ensure their children receive necessary nutrients without the struggle associated with swallowing pills.

Additionally, adults find gummies a preferable and fun option, especially those who face difficulty ingesting standard vitamin tablets. The gummy format and targeted marketing campaigns have successfully penetrated various demographics, making them a staple in many households. As health and wellness continue to be at the forefront of consumer concerns, adopting these gummies is set to remain robust, reshaping the landscape of dietary supplementation.

Mexico, on the other hand, offers a unique blend of challenges and opportunities. The country is witnessing an increasing urbanization rate, leading to lifestyle changes that have brought health and wellness into sharper focus. The rising middle class and growing exposure to global health trends have spurred interest in dietary supplements, including gummies. The country's younger population, which constitutes a significant portion of its demographic profile, is a promising target audience for gummies, especially given their alignment with contemporary consumption patterns and preferences. Therefore, with its blend of mature and emerging segments, the North American market presents a dynamic landscape for manufacturers and marketers.

The US market dominated the North America Multivitamin Gummies Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,728.7 million by 2030. The Canada market is experiencing a CAGR of 12.3% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 11.3% during (2023 - 2030).

Based on Source, the market is segmented into Gelatin and Plant-based Gelatin Substitute. Based on Distribution Channel, the market is segmented into Offline and Online. Based on Sales Channel, the market is segmented into OTC and Prescribed. Based on End-user, the market is segmented into Adults, Geriatric, Pregnant Women and Children. Based on Application, the market is segmented into General Health, Cardiac Health, Diabetes, Prenatal Health, Bone & Joint Health, Immunity, Skin/Hair/Nails and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SmartyPants Vitamins, Pharmavite LLC, Garden of Life, Better Nutritionals, LLC, Church & Dwight Co., Inc. (Vitafusion), Swanson Health Products, Inc., Nature’s Way Brands, LLC, MRO MaryRuth, LLC, GNC Holdings, LLC and Bayer AG

Scope of the Study

Market Segments Covered in the Report:

By Source (Volume, Million Units, USD Million, 2019-2030)
  • Gelatin
  • Plant-based Gelatin Substitute
By Distribution Channel (Volume, Million Units, USD Million, 2019-2030)
  • Offline
  • Online
By Sales Channel (Volume, Million Units, USD Million, 2019-2030)
  • OTC
  • Prescribed
By End-user (Volume, Million Units, USD Million, 2019-2030)
  • Adults
  • Geriatric
  • Pregnant Women
  • Children
By Application (Volume, Million Units, USD Million, 2019-2030)
  • General Health
  • Cardiac Health
  • Diabetes
  • Prenatal Health
  • Bone & Joint Health
  • Immunity
  • Skin/Hair/Nails
  • Others
By Country (Volume, Million Units, USD Million, 2019-2030)
  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • SmartyPants Vitamins
  • Pharmavite LLC
  • Garden of Life
  • Better Nutritionals, LLC
  • Church & Dwight Co., Inc. (Vitafusion)
  • Swanson Health Products, Inc.
  • Nature’s Way Brands, LLC
  • MRO MaryRuth, LLC.
  • GNC Holdings, LLC
  • Bayer AG

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Multivitamin Gummies Market, by Source
1.4.2 North America Multivitamin Gummies Market, by Distribution Channel
1.4.3 North America Multivitamin Gummies Market, by Sales Channel
1.4.4 North America Multivitamin Gummies Market, by End-user
1.4.5 North America Multivitamin Gummies Market, by Application
1.4.6 North America Multivitamin Gummies Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. North America Multivitamin Gummies Market by Source
4.1 North America Gelatin Market by Region
4.2 North America Plant-based Gelatin Substitute Market by Region
Chapter 5. North America Multivitamin Gummies Market by Distribution Channel
5.1 North America Offline Market by Country
5.2 North America Online Market by Country
Chapter 6. North America Multivitamin Gummies Market by Sales Channel
6.1 North America OTC Market by Country
6.2 North America Prescribed Market by Country
Chapter 7. North America Multivitamin Gummies Market by End-user
7.1 North America Adults Market by Country
7.2 North America Geriatric Market by Country
7.3 North America Pregnant Women Market by Country
7.4 North America Children Market by Country
Chapter 8. North America Multivitamin Gummies Market by Application
8.1 North America General Health Market by Country
8.2 North America Cardiac Health Market by Country
8.3 North America Diabetes Market by Country
8.4 North America Prenatal Health Market by Country
8.5 North America Bone & Joint Health Market by Country
8.6 North America Immunity Market by Country
8.7 North America Skin/Hair/Nails Market by Country
8.8 North America Others Market by Country
Chapter 9. North America Multivitamin Gummies Market by Country
9.1 US Multivitamin Gummies Market
9.1.1 US Multivitamin Gummies Market by Source
9.1.2 US Multivitamin Gummies Market by Distribution Channel
9.1.3 US Multivitamin Gummies Market by Sales Channel
9.1.4 US Multivitamin Gummies Market by End-user
9.1.5 US Multivitamin Gummies Market by Application
9.2 Canada Multivitamin Gummies Market
9.2.1 Canada Multivitamin Gummies Market by Source
9.2.2 Canada Multivitamin Gummies Market by Distribution Channel
9.2.3 Canada Multivitamin Gummies Market by Sales Channel
9.2.4 Canada Multivitamin Gummies Market by End-user
9.2.5 Canada Multivitamin Gummies Market by Application
9.3 Mexico Multivitamin Gummies Market
9.3.1 Mexico Multivitamin Gummies Market by Source
9.3.2 Mexico Multivitamin Gummies Market by Distribution Channel
9.3.3 Mexico Multivitamin Gummies Market by Sales Channel
9.3.4 Mexico Multivitamin Gummies Market by End-user
9.3.5 Mexico Multivitamin Gummies Market by Application
9.4 Rest of North America Multivitamin Gummies Market
9.4.1 Rest of North America Multivitamin Gummies Market by Source
9.4.2 Rest of North America Multivitamin Gummies Market by Distribution Channel
9.4.3 Rest of North America Multivitamin Gummies Market by Sales Channel
9.4.4 Rest of North America Multivitamin Gummies Market by End-user
9.4.5 Rest of North America Multivitamin Gummies Market by Application
Chapter 10. Company Profiles
10.1 SmartyPants Vitamins (Unilever Plc)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Product Launches and Product Expansions:
10.1.6 SWOT Analysis
10.2 Pharmavite LLC (Otsuka Pharmaceutical Co., Ltd.) (Otsuka Holdings Co. Ltd)
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental & Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Geographical Expansions:
10.2.6 SWOT Analysis
10.3 Garden of Life, LLC (Nestle S.A)
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 SWOT Analysis
10.4 Better Nutritionals, LLC
10.4.1 Company Overview
10.4.2 SWOT Analysis
10.5 Church and Dwight Co., Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental Analysis
10.5.4 Research & Development Expense
10.5.5 SWOT Analysis
10.6 Swanson Health Products, Inc. (Swander Pace Capital)
10.6.1 Company Overview
10.6.2 Recent strategies and developments:
10.6.2.1 Product Launches and Product Expansions:
10.6.3 SWOT Analysis
10.7 Nature’s Way Brands, LLC
10.7.1 Company Overview
10.7.2 SWOT Analysis
10.8 MRO MaryRuth, LLC.
10.8.1 Company Overview
10.8.2 SWOT Analysis
10.9 GNC Holdings, LLC
10.9.1 Company Overview
10.9.2 SWOT Analysis
10.10. Bayer AG
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expense
10.10.5 SWOT Analysis

Companies Mentioned

  • SmartyPants Vitamins
  • Pharmavite LLC
  • Garden of Life
  • Better Nutritionals, LLC
  • Church & Dwight Co., Inc. (Vitafusion)
  • Swanson Health Products, Inc.
  • Nature’s Way Brands, LLC
  • MRO MaryRuth, LLC.
  • GNC Holdings, LLC
  • Bayer AG

Methodology

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