DUBLIN--(BUSINESS WIRE)--The "Multivitamin Capsules and Tablets Global Market Report 2021: COVID-19 Implications and Growth" report has been added to ResearchAndMarkets.com's offering.
The global multivitamin capsules and tablets market is expected to grow from $16.50 billion in 2020 to $18.24 billion in 2021 at a compound annual growth rate (CAGR) of 10.6%. The market is expected to reach $24.80 billion in 2025 at a CAGR of 8%.
Major players in the multivitamin capsules and tablets market are Herbalife Nutrition, Abbott Laboratories, Bayer, Nature's Bounty Co., Bionova Lifesciences, Ayanda GmbH, NutraMarks Inc, American Health Inc, Otsuka Holdings Co. Ltd., Nature's Way Products, Glanbia Plc, Pfizer, Mylan N.V., and Dymatize.
The multivitamin capsules and tablets market consists of sales of multivitamin capsules and tablets by entities (organizations, sole traders, and partnerships) that produce multivitamin capsules and tablets which are used to provide vitamins. Multivitamins tablets and capsules are a combination of many different vitamins that are normally found in foods and other natural sources. Multivitamins are used to treat vitamin deficiencies that are caused by illness, pregnancy, poor nutrition, digestive disorders, and different other conditions.
The main types of products include multivitamins tablets and multivitamins capsules. A multivitamin is a pill that people take every day which contains a variety of vitamins and minerals. The different distribution channels include store-based and non-store-based, and they are used for energy and weight management, general health, bone and joint health, gastrointestinal health, immunity, cardiac health, diabetes, anti-cancer, and other applications. These capsules and tablets are mainly used by adults, the geriatric population, pregnant women, children, and infants.
Asia Pacific was the largest region in the multivitamin capsules and tablets market in 2020. North America was the second-largest market in the multivitamin capsules and tablets market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Shifting consumer focus towards flavored gummy vitamins for all ages is shaping the multivitamin capsules and tablets market. Consumers are searching for more convenient and entertaining supplement experiences, which will lead to a move toward flavored gummy vitamins.
Key Topics Covered:
1. Executive Summary
2. Multivitamin Capsules and Tablets Market Characteristics
3. Multivitamin Capsules and Tablets Market Trends and Strategies
4. Impact Of COVID-19 On Multivitamin Capsules and Tablets
5. Multivitamin Capsules and Tablets Market Size and Growth
5.1. Global Multivitamin Capsules and Tablets Historic Market, 2015-2020, $ Billion
5.1.1. Drivers Of the Market
5.1.2. Restraints On the Market
5.2. Global Multivitamin Capsules and Tablets Forecast Market, 2020-2025F, 2030F, $ Billion
5.2.1. Drivers Of the Market
5.2.2. Restraints On the Market
6. Multivitamin Capsules and Tablets Market Segmentation
6.1. Global Multivitamin Capsules and Tablets Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
- Multivitamins Tablets
- Multivitamins Capsules
6.2. Global Multivitamin Capsules and Tablets Market, Segmentation by Distribution Channel, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
- Store Based
- Non-Store Based
6.3. Global Multivitamin Capsules and Tablets Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
- Energy and Weight Management
- General Health
- Bone and Joint Health
- Gastrointestinal Health
- Immunity
- Cardiac Health
- Diabetes
- Anti-Cancer
- Others
6.4. Global Multivitamin Capsules and Tablets Market, Segmentation by End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
- Adults
- Geriatric
- Pregnant Women
- Children
- Infants
7. Multivitamin Capsules and Tablets Market Regional and Country Analysis
7.1. Global Multivitamin Capsules and Tablets Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Multivitamin Capsules and Tablets Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
Companies Mentioned
- Herbalife Nutrition
- Abbott Laboratories
- Bayer
- Nature's Bounty Co.
- Bionova Lifesciences
- Ayanda GmbH
- NutraMarks Inc
- American Health Inc
- Otsuka Holdings Co. Ltd.
- Nature's Way Products
- Glanbia Plc
- Pfizer
- Mylan N.V.
- Dymatize
For more information about this report visit https://www.researchandmarkets.com/r/cl3olq
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