Gummy Vitamins Market Updates by 2031
Gummy vitamins are chewable vitamins candies that have a taste and texture similar to gummy candies. Gummy vitamins are available in a variety of colors, flavors, and shapes. These candies are mainly made from ingredients such as gelatin, corn starch, water, sugar, and added colorings. The most popular flavors of gummy vitamins include cherry, lemon, raspberry, and orange. Gummy vitamins may include several vitamins, minerals, and few select nutrients, such as vitamin D and calcium.
MARKET DYNAMICS
Increasing measures to reduce malnutrition among children, coupled with increasing consumer demand for gummy vitamins due to the diversity of taste and shape, are the key factors driving the gummy vitamins market. Moreover, the rising demand for organic formulated gummy vitamins in the developed countries provides a huge market opportunity for the key gummy vitamins market players. However, a decrease in sugar consumption and high demand for low sugar products is projected to hamper the market growth over the projected period.
MARKET SCOPE
The "Global Gummy Vitamins Market Analysis to 2031" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the gummy vitamins market with detailed market segmentation by product, customer orientation, source, sales channel, packaging type and geography. The global gummy vitamins market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading gummy vitamins market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global gummy vitamins market is segmented on the basis of product, customer orientation, source, sales channel, and packaging type. On the basis of product, the gummy vitamins market is segmented into single vitamin gummy, multivitamin gummy, and probiotic vitamin gummy. The single vitamin gummy segment include biotin, omega & DHA, vitamin C, CoQ10, vitamin D3, melatonin, and others. Likewise, Probiotic Vitamin Gummy segment id further divided into bacillus coagulans, lactobacillus, bacillus subtilis, and others. The gummy vitamins market on the basis of the customer orientation is classified into children and adult. The adult segment is further divided into men and women. Similarly, on the basis of source the gummy vitamins market is bifurcated into animal based and plant based. Based on sales channel the global gummy vitamins market is divided into direct sales and indirect sales. On the basis of packaging type the market is bifurcated into bottles and jars, stand-up pouches, and other.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global gummy vitamins market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The gummy vitamins market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the gummy vitamins market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the gummy vitamins market in these regions.
Have a question?
Shejal
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global gummy vitamins market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The gummy vitamins market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the gummy vitamins market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the gummy vitamins market in these regions.
MARKET PLAYERS
The reports cover key developments in the gummy vitamins market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from gummy vitamins market are anticipated to lucrative growth opportunities in the future with the rising demand for Gummy vitamins in the global market. Below mentioned is the list of few companies engaged in the Gummy vitamins market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the gummy vitamins market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Bayer AG
- Church and Dwight Co., Inc.
- Hero Nutritionals, LLC
- Nature's Bounty, Inc.
- Nature's Way Products, LLC
- Nutra Solutions USA
- Pfizer, Inc.
- Pharmavite LLC.
- Softigel
- Zanon Vitamec USA Inc.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Gummy Vitamins Market - By Product
1.3.2 Gummy Vitamins Market - By Customer Orientation
1.3.3 Gummy Vitamins Market - By Source
1.3.4 Gummy Vitamins Market - By Packaging Type
1.3.5 Gummy Vitamins Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. GUMMY VITAMINS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. GUMMY VITAMINS MARKET - KEY
MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. GUMMY VITAMINS MARKET - GLOBAL MARKET ANALYSIS
6.1. GUMMY VITAMINS - GLOBAL MARKET OVERVIEW
6.2. GUMMY VITAMINS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. GUMMY VITAMINS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. SINGLE VITAMIN GUMMY
7.3.1. Overview
7.3.2. Single Vitamin Gummy Market Forecast and Analysis
7.3.3. Biotin Market
7.3.3.1. Overview
7.3.3.2. Biotin Market Forecast and Analysis
7.3.4. Omega and DHA Market
7.3.4.1. Overview
7.3.4.2. Omega and DHA Market Forecast and Analysis
7.3.5. Vitamin C Market
7.3.5.1. Overview
7.3.5.2. Vitamin C Market Forecast and Analysis
7.3.6. CoQ10 Market
7.3.6.1. Overview
7.3.6.2. CoQ10 Market Forecast and Analysis
7.3.7. Vitamin D3 Market
7.3.7.1. Overview
7.3.7.2. Vitamin D3 Market Forecast and Analysis
7.3.8. Melatonin Market
7.3.8.1. Overview
7.3.8.2. Melatonin Market Forecast and Analysis
7.3.9. Others Market
7.3.9.1. Overview
7.3.9.2. Others Market Forecast and Analysis
7.4. PROBIOTIC VITAMIN GUMMY
7.4.1. Overview
7.4.2. Probiotic Vitamin Gummy Market Forecast and Analysis
7.4.3. Bacillus Coagulans Market
7.4.3.1. Overview
7.4.3.2. Bacillus Coagulans Market Forecast and Analysis
7.4.4. Lactobacillus Market
7.4.4.1. Overview
7.4.4.2. Lactobacillus Market Forecast and Analysis
7.4.5. Bacillus Subtilis Market
7.4.5.1. Overview
7.4.5.2. Bacillus Subtilis Market Forecast and Analysis
7.4.6. Others Market
7.4.6.1. Overview
7.4.6.2. Others Market Forecast and Analysis
7.5. MULTIVITAMIN GUMMY
7.5.1. Overview
7.5.2. Multivitamin Gummy Market Forecast and Analysis
8. GUMMY VITAMINS MARKET - REVENUE AND FORECASTS TO 2028 - CUSTOMER ORIENTATION
8.1. OVERVIEW
8.2. CUSTOMER ORIENTATION MARKET FORECASTS AND ANALYSIS
8.3. CHILDREN
8.3.1. Overview
8.3.2. Children Market Forecast and Analysis
8.4. ADULT
8.4.1. Overview
8.4.2. Adult Market Forecast and Analysis
8.4.3. Men Market
8.4.3.1. Overview
8.4.3.2. Men Market Forecast and Analysis
8.4.4. Women Market
8.4.4.1. Overview
8.4.4.2. Women Market Forecast and Analysis
9. GUMMY VITAMINS MARKET - REVENUE AND FORECASTS TO 2028 - SOURCE
9.1. OVERVIEW
9.2. SOURCE MARKET FORECASTS AND ANALYSIS
9.3. ANIMAL BASED
9.3.1. Overview
9.3.2. Animal Based Market Forecast and Analysis
9.4. PLANT BASED
9.4.1. Overview
9.4.2. Plant Based Market Forecast and Analysis
10. GUMMY VITAMINS MARKET - REVENUE AND FORECASTS TO 2028 - PACKAGING TYPE
10.1. OVERVIEW
10.2. PACKAGING TYPE MARKET FORECASTS AND ANALYSIS
10.3. BOTTLES AND JARS
10.3.1. Overview
10.3.2. Bottles and Jars Market Forecast and Analysis
10.4. STAND-UP POUCHES
10.4.1. Overview
10.4.2. Stand-Up Pouches Market Forecast and Analysis
10.5. OTHER
10.5.1. Overview
10.5.2. Other Market Forecast and Analysis
11. GUMMY VITAMINS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Gummy Vitamins Market Overview
11.1.2 North America Gummy Vitamins Market Forecasts and Analysis
11.1.3 North America Gummy Vitamins Market Forecasts and Analysis - By Product
11.1.4 North America Gummy Vitamins Market Forecasts and Analysis - By Customer Orientation
11.1.5 North America Gummy Vitamins Market Forecasts and Analysis - By Source
11.1.6 North America Gummy Vitamins Market Forecasts and Analysis - By Packaging Type
11.1.7 North America Gummy Vitamins Market Forecasts and Analysis - By Countries
11.1.7.1 United States Gummy Vitamins Market
11.1.7.1.1 United States Gummy Vitamins Market by Product
11.1.7.1.2 United States Gummy Vitamins Market by Customer Orientation
11.1.7.1.3 United States Gummy Vitamins Market by Source
11.1.7.1.4 United States Gummy Vitamins Market by Packaging Type
11.1.7.2 Canada Gummy Vitamins Market
11.1.7.2.1 Canada Gummy Vitamins Market by Product
11.1.7.2.2 Canada Gummy Vitamins Market by Customer Orientation
11.1.7.2.3 Canada Gummy Vitamins Market by Source
11.1.7.2.4 Canada Gummy Vitamins Market by Packaging Type
11.1.7.3 Mexico Gummy Vitamins Market
11.1.7.3.1 Mexico Gummy Vitamins Market by Product
11.1.7.3.2 Mexico Gummy Vitamins Market by Customer Orientation
11.1.7.3.3 Mexico Gummy Vitamins Market by Source
11.1.7.3.4 Mexico Gummy Vitamins Market by Packaging Type
11.2. EUROPE
11.2.1 Europe Gummy Vitamins Market Overview
11.2.2 Europe Gummy Vitamins Market Forecasts and Analysis
11.2.3 Europe Gummy Vitamins Market Forecasts and Analysis - By Product
11.2.4 Europe Gummy Vitamins Market Forecasts and Analysis - By Customer Orientation
11.2.5 Europe Gummy Vitamins Market Forecasts and Analysis - By Source
11.2.6 Europe Gummy Vitamins Market Forecasts and Analysis - By Packaging Type
11.2.7 Europe Gummy Vitamins Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Gummy Vitamins Market
11.2.7.1.1 Germany Gummy Vitamins Market by Product
11.2.7.1.2 Germany Gummy Vitamins Market by Customer Orientation
11.2.7.1.3 Germany Gummy Vitamins Market by Source
11.2.7.1.4 Germany Gummy Vitamins Market by Packaging Type
11.2.7.2 France Gummy Vitamins Market
11.2.7.2.1 France Gummy Vitamins Market by Product
11.2.7.2.2 France Gummy Vitamins Market by Customer Orientation
11.2.7.2.3 France Gummy Vitamins Market by Source
11.2.7.2.4 France Gummy Vitamins Market by Packaging Type
11.2.7.3 Italy Gummy Vitamins Market
11.2.7.3.1 Italy Gummy Vitamins Market by Product
11.2.7.3.2 Italy Gummy Vitamins Market by Customer Orientation
11.2.7.3.3 Italy Gummy Vitamins Market by Source
11.2.7.3.4 Italy Gummy Vitamins Market by Packaging Type
11.2.7.4 United Kingdom Gummy Vitamins Market
11.2.7.4.1 United Kingdom Gummy Vitamins Market by Product
11.2.7.4.2 United Kingdom Gummy Vitamins Market by Customer Orientation
11.2.7.4.3 United Kingdom Gummy Vitamins Market by Source
11.2.7.4.4 United Kingdom Gummy Vitamins Market by Packaging Type
11.2.7.5 Russia Gummy Vitamins Market
11.2.7.5.1 Russia Gummy Vitamins Market by Product
11.2.7.5.2 Russia Gummy Vitamins Market by Customer Orientation
11.2.7.5.3 Russia Gummy Vitamins Market by Source
11.2.7.5.4 Russia Gummy Vitamins Market by Packaging Type
11.2.7.6 Rest of Europe Gummy Vitamins Market
11.2.7.6.1 Rest of Europe Gummy Vitamins Market by Product
11.2.7.6.2 Rest of Europe Gummy Vitamins Market by Customer Orientation
11.2.7.6.3 Rest of Europe Gummy Vitamins Market by Source
11.2.7.6.4 Rest of Europe Gummy Vitamins Market by Packaging Type
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Gummy Vitamins Market Overview
11.3.2 Asia-Pacific Gummy Vitamins Market Forecasts and Analysis
11.3.3 Asia-Pacific Gummy Vitamins Market Forecasts and Analysis - By Product
11.3.4 Asia-Pacific Gummy Vitamins Market Forecasts and Analysis - By Customer Orientation
11.3.5 Asia-Pacific Gummy Vitamins Market Forecasts and Analysis - By Source
11.3.6 Asia-Pacific Gummy Vitamins Market Forecasts and Analysis - By Packaging Type
11.3.7 Asia-Pacific Gummy Vitamins Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Gummy Vitamins Market
11.3.7.1.1 Australia Gummy Vitamins Market by Product
11.3.7.1.2 Australia Gummy Vitamins Market by Customer Orientation
11.3.7.1.3 Australia Gummy Vitamins Market by Source
11.3.7.1.4 Australia Gummy Vitamins Market by Packaging Type
11.3.7.2 China Gummy Vitamins Market
11.3.7.2.1 China Gummy Vitamins Market by Product
11.3.7.2.2 China Gummy Vitamins Market by Customer Orientation
11.3.7.2.3 China Gummy Vitamins Market by Source
11.3.7.2.4 China Gummy Vitamins Market by Packaging Type
11.3.7.3 India Gummy Vitamins Market
11.3.7.3.1 India Gummy Vitamins Market by Product
11.3.7.3.2 India Gummy Vitamins Market by Customer Orientation
11.3.7.3.3 India Gummy Vitamins Market by Source
11.3.7.3.4 India Gummy Vitamins Market by Packaging Type
11.3.7.4 Japan Gummy Vitamins Market
11.3.7.4.1 Japan Gummy Vitamins Market by Product
11.3.7.4.2 Japan Gummy Vitamins Market by Customer Orientation
11.3.7.4.3 Japan Gummy Vitamins Market by Source
11.3.7.4.4 Japan Gummy Vitamins Market by Packaging Type
11.3.7.5 South Korea Gummy Vitamins Market
11.3.7.5.1 South Korea Gummy Vitamins Market by Product
11.3.7.5.2 South Korea Gummy Vitamins Market by Customer Orientation
11.3.7.5.3 South Korea Gummy Vitamins Market by Source
11.3.7.5.4 South Korea Gummy Vitamins Market by Packaging Type
11.3.7.6 Rest of Asia-Pacific Gummy Vitamins Market
11.3.7.6.1 Rest of Asia-Pacific Gummy Vitamins Market by Product
11.3.7.6.2 Rest of Asia-Pacific Gummy Vitamins Market by Customer Orientation
11.3.7.6.3 Rest of Asia-Pacific Gummy Vitamins Market by Source
11.3.7.6.4 Rest of Asia-Pacific Gummy Vitamins Market by Packaging Type
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Gummy Vitamins Market Overview
11.4.2 Middle East and Africa Gummy Vitamins Market Forecasts and Analysis
11.4.3 Middle East and Africa Gummy Vitamins Market Forecasts and Analysis - By Product
11.4.4 Middle East and Africa Gummy Vitamins Market Forecasts and Analysis - By Customer Orientation
11.4.5 Middle East and Africa Gummy Vitamins Market Forecasts and Analysis - By Source
11.4.6 Middle East and Africa Gummy Vitamins Market Forecasts and Analysis - By Packaging Type
11.4.7 Middle East and Africa Gummy Vitamins Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Gummy Vitamins Market
11.4.7.1.1 South Africa Gummy Vitamins Market by Product
11.4.7.1.2 South Africa Gummy Vitamins Market by Customer Orientation
11.4.7.1.3 South Africa Gummy Vitamins Market by Source
11.4.7.1.4 South Africa Gummy Vitamins Market by Packaging Type
11.4.7.2 Saudi Arabia Gummy Vitamins Market
11.4.7.2.1 Saudi Arabia Gummy Vitamins Market by Product
11.4.7.2.2 Saudi Arabia Gummy Vitamins Market by Customer Orientation
11.4.7.2.3 Saudi Arabia Gummy Vitamins Market by Source
11.4.7.2.4 Saudi Arabia Gummy Vitamins Market by Packaging Type
11.4.7.3 U.A.E Gummy Vitamins Market
11.4.7.3.1 U.A.E Gummy Vitamins Market by Product
11.4.7.3.2 U.A.E Gummy Vitamins Market by Customer Orientation
11.4.7.3.3 U.A.E Gummy Vitamins Market by Source
11.4.7.3.4 U.A.E Gummy Vitamins Market by Packaging Type
11.4.7.4 Rest of Middle East and Africa Gummy Vitamins Market
11.4.7.4.1 Rest of Middle East and Africa Gummy Vitamins Market by Product
11.4.7.4.2 Rest of Middle East and Africa Gummy Vitamins Market by Customer Orientation
11.4.7.4.3 Rest of Middle East and Africa Gummy Vitamins Market by Source
11.4.7.4.4 Rest of Middle East and Africa Gummy Vitamins Market by Packaging Type
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Gummy Vitamins Market Overview
11.5.2 South and Central America Gummy Vitamins Market Forecasts and Analysis
11.5.3 South and Central America Gummy Vitamins Market Forecasts and Analysis - By Product
11.5.4 South and Central America Gummy Vitamins Market Forecasts and Analysis - By Customer Orientation
11.5.5 South and Central America Gummy Vitamins Market Forecasts and Analysis - By Source
11.5.6 South and Central America Gummy Vitamins Market Forecasts and Analysis - By Packaging Type
11.5.7 South and Central America Gummy Vitamins Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Gummy Vitamins Market
11.5.7.1.1 Brazil Gummy Vitamins Market by Product
11.5.7.1.2 Brazil Gummy Vitamins Market by Customer Orientation
11.5.7.1.3 Brazil Gummy Vitamins Market by Source
11.5.7.1.4 Brazil Gummy Vitamins Market by Packaging Type
11.5.7.2 Argentina Gummy Vitamins Market
11.5.7.2.1 Argentina Gummy Vitamins Market by Product
11.5.7.2.2 Argentina Gummy Vitamins Market by Customer Orientation
11.5.7.2.3 Argentina Gummy Vitamins Market by Source
11.5.7.2.4 Argentina Gummy Vitamins Market by Packaging Type
11.5.7.3 Rest of South and Central America Gummy Vitamins Market
11.5.7.3.1 Rest of South and Central America Gummy Vitamins Market by Product
11.5.7.3.2 Rest of South and Central America Gummy Vitamins Market by Customer Orientation
11.5.7.3.3 Rest of South and Central America Gummy Vitamins Market by Source
11.5.7.3.4 Rest of South and Central America Gummy Vitamins Market by Packaging Type
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. GUMMY VITAMINS MARKET, KEY COMPANY PROFILES
13.1. BAYER AG
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. CHURCH AND DWIGHT CO., INC.
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. HERO NUTRITIONALS, LLC
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. NATURE'S BOUNTY, INC.
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. NATURE'S WAY PRODUCTS, LLC
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. NUTRA SOLUTIONS USA
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. PFIZER, INC.
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. PHARMAVITE LLC.
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. SOFTIGEL
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. ZANON VITAMEC USA INC.
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. Bayer AG
2. Church and Dwight Co., Inc.
3. Hero Nutritionals, LLC
4. Nature's Bounty, Inc.
5. Nature's Way Products, LLC
6. Nutra Solutions USA
7. Pfizer, Inc.
8. Pharmavite LLC.
9. Softigel
10. Zanon Vitamec USA Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.