Vitamin B12 Gummy Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Vitamin B12 Gummy Market covers analysis by Type (Cherry, Strawberry, Raspberry, Lemon, Others); End Users (Kids, Adults) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00012909
  • Category : Consumer Goods
  • No. of Pages : 150
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Vitamin B12 Gummy Market Insights and Growth by 2031

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MARKET INTRODUCTION

Vitamin B12 is a water-soluble vitamin, present naturally in some foods, and available as a dietary supplement and a prescription medication. Vitamin B12 exists in various forms and contains the mineral cobalt, and hence the compounds with vitamin B12 activity are collectively known as "cobalamins.” 5-deoxyadenosylcobalamin and methylcobalamin are the forms of vitamin B12 that are active in human metabolism.

MARKET DYNAMICS

The VitaminB12 Gummy has witnessed significant growth owing to its increasing awareness in the prevention of anemia. Additionally, the rising application of vitamin B12 in the prevention of birth defects is known to boost the VitaminB12 Gummy in the coming years. The increasing demand for the Vitamin B12 gummy from the European region provides vast market opportunities for the key players operating in the vegetable juice concentrate market.

MARKET SCOPE

The "Global VitaminB12 Gummy Analysis to 2031” is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the VitaminB12 Gummy with detailed market segmentation by type, end users, and geography. The global VitaminB12 Gummy is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Vitamin B12 Gummy players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global VitaminB12 Gummyis segmented on the basis of type and end users. On the basis of type, the global VitaminB12 Gummyis segmented into cherry, strawberry, rasberry, lemon, and others. Based on end users, the global VitaminB12 Gummyis segmented into kids and adults.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global VitaminB12 Gummybased 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 VitaminB12 Gummyby 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 VitaminB12 Gummyfrom 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 VitaminB12 Gummyin these regions.

World Geography

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global VitaminB12 Gummybased 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 VitaminB12 Gummyby 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 VitaminB12 Gummyfrom 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 VitaminB12 Gummyin these regions.

MARKET PLAYERS

The reports cover key developments in the VitaminB12 Gummyas 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 VitaminB12 Gummyare anticipated to lucrative growth opportunities in the future with the rising demand for Vegetable juice concentrate in the global market. Below mentioned is the list of few companies engaged in the Vegetable juice concentrate market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Vegetable juice concentrate 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.

  •   DrFormulas
  •   Hero Nutritionals
  •   Nature Made
  •   Nordic Naturals
  •   Rainbow Light
  •   Smart Pants Vitamins
  •   Others

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
  • 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
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Vitamin B12 Gummy - By Type
1.3.2 Vitamin B12 Gummy - By End Users
1.3.3 Vitamin B12 Gummy - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. VITAMIN B12 GUMMY 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. VITAMIN B12 GUMMY - 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 AND RESTRAINTS

6. VITAMIN B12 GUMMY - GLOBAL MARKET ANALYSIS
6.1. VITAMIN B12 GUMMY - GLOBAL MARKET OVERVIEW
6.2. VITAMIN B12 GUMMY - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. VITAMIN B12 GUMMY - REVENUE AND FORECASTS TO 2028 – TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. CHERRY
7.3.1. Overview
7.3.2. Cherry Market Forecast and Analysis
7.4. STRAWBERRY
7.4.1. Overview
7.4.2. Strawberry Market Forecast and Analysis
7.5. RASPBERRY
7.5.1. Overview
7.5.2. Raspberry Market Forecast and Analysis
7.6. LEMON
7.6.1. Overview
7.6.2. Lemon Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. VITAMIN B12 GUMMY - REVENUE AND FORECASTS TO 2028 – END USERS
8.1. OVERVIEW
8.2. END USERS MARKET FORECASTS AND ANALYSIS
8.3. KIDS
8.3.1. Overview
8.3.2. Kids Market Forecast and Analysis
8.4. ADULTS
8.4.1. Overview
8.4.2. Adults Market Forecast and Analysis

9. VITAMIN B12 GUMMY REVENUE AND FORECASTS TO 2028 – GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Vitamin B12 Gummy Overview
9.1.2 North America Vitamin B12 Gummy Forecasts and Analysis
9.1.3 North America Vitamin B12 Gummy Forecasts and Analysis - By Type
9.1.4 North America Vitamin B12 Gummy Forecasts and Analysis - By End Users
9.1.5 North America Vitamin B12 Gummy Forecasts and Analysis - By Countries
9.1.5.1 United States Vitamin B12 Gummy
9.1.5.1.1 United States Vitamin B12 Gummy by Type
9.1.5.1.2 United States Vitamin B12 Gummy by End Users
9.1.5.2 Canada Vitamin B12 Gummy
9.1.5.2.1 Canada Vitamin B12 Gummy by Type
9.1.5.2.2 Canada Vitamin B12 Gummy by End Users
9.1.5.3 Mexico Vitamin B12 Gummy
9.1.5.3.1 Mexico Vitamin B12 Gummy by Type
9.1.5.3.2 Mexico Vitamin B12 Gummy by End Users
9.2. EUROPE
9.2.1 Europe Vitamin B12 Gummy Overview
9.2.2 Europe Vitamin B12 Gummy Forecasts and Analysis
9.2.3 Europe Vitamin B12 Gummy Forecasts and Analysis - By Type
9.2.4 Europe Vitamin B12 Gummy Forecasts and Analysis - By End Users
9.2.5 Europe Vitamin B12 Gummy Forecasts and Analysis - By Countries
9.2.5.1 Germany Vitamin B12 Gummy
9.2.5.1.1 Germany Vitamin B12 Gummy by Type
9.2.5.1.2 Germany Vitamin B12 Gummy by End Users
9.2.5.2 France Vitamin B12 Gummy
9.2.5.2.1 France Vitamin B12 Gummy by Type
9.2.5.2.2 France Vitamin B12 Gummy by End Users
9.2.5.3 Italy Vitamin B12 Gummy
9.2.5.3.1 Italy Vitamin B12 Gummy by Type
9.2.5.3.2 Italy Vitamin B12 Gummy by End Users
9.2.5.4 United Kingdom Vitamin B12 Gummy
9.2.5.4.1 United Kingdom Vitamin B12 Gummy by Type
9.2.5.4.2 United Kingdom Vitamin B12 Gummy by End Users
9.2.5.5 Russia Vitamin B12 Gummy
9.2.5.5.1 Russia Vitamin B12 Gummy by Type
9.2.5.5.2 Russia Vitamin B12 Gummy by End Users
9.2.5.6 Rest of Europe Vitamin B12 Gummy
9.2.5.6.1 Rest of Europe Vitamin B12 Gummy by Type
9.2.5.6.2 Rest of Europe Vitamin B12 Gummy by End Users
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Vitamin B12 Gummy Overview
9.3.2 Asia-Pacific Vitamin B12 Gummy Forecasts and Analysis
9.3.3 Asia-Pacific Vitamin B12 Gummy Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Vitamin B12 Gummy Forecasts and Analysis - By End Users
9.3.5 Asia-Pacific Vitamin B12 Gummy Forecasts and Analysis - By Countries
9.3.5.1 Australia Vitamin B12 Gummy
9.3.5.1.1 Australia Vitamin B12 Gummy by Type
9.3.5.1.2 Australia Vitamin B12 Gummy by End Users
9.3.5.2 China Vitamin B12 Gummy
9.3.5.2.1 China Vitamin B12 Gummy by Type
9.3.5.2.2 China Vitamin B12 Gummy by End Users
9.3.5.3 India Vitamin B12 Gummy
9.3.5.3.1 India Vitamin B12 Gummy by Type
9.3.5.3.2 India Vitamin B12 Gummy by End Users
9.3.5.4 Japan Vitamin B12 Gummy
9.3.5.4.1 Japan Vitamin B12 Gummy by Type
9.3.5.4.2 Japan Vitamin B12 Gummy by End Users
9.3.5.5 South Korea Vitamin B12 Gummy
9.3.5.5.1 South Korea Vitamin B12 Gummy by Type
9.3.5.5.2 South Korea Vitamin B12 Gummy by End Users
9.3.5.6 Rest of Asia-Pacific Vitamin B12 Gummy
9.3.5.6.1 Rest of Asia-Pacific Vitamin B12 Gummy by Type
9.3.5.6.2 Rest of Asia-Pacific Vitamin B12 Gummy by End Users
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Vitamin B12 Gummy Overview
9.4.2 Middle East and Africa Vitamin B12 Gummy Forecasts and Analysis
9.4.3 Middle East and Africa Vitamin B12 Gummy Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Vitamin B12 Gummy Forecasts and Analysis - By End Users
9.4.5 Middle East and Africa Vitamin B12 Gummy Forecasts and Analysis - By Countries
9.4.5.1 South Africa Vitamin B12 Gummy
9.4.5.1.1 South Africa Vitamin B12 Gummy by Type
9.4.5.1.2 South Africa Vitamin B12 Gummy by End Users
9.4.5.2 Saudi Arabia Vitamin B12 Gummy
9.4.5.2.1 Saudi Arabia Vitamin B12 Gummy by Type
9.4.5.2.2 Saudi Arabia Vitamin B12 Gummy by End Users
9.4.5.3 U.A.E Vitamin B12 Gummy
9.4.5.3.1 U.A.E Vitamin B12 Gummy by Type
9.4.5.3.2 U.A.E Vitamin B12 Gummy by End Users
9.4.5.4 Rest of Middle East and Africa Vitamin B12 Gummy
9.4.5.4.1 Rest of Middle East and Africa Vitamin B12 Gummy by Type
9.4.5.4.2 Rest of Middle East and Africa Vitamin B12 Gummy by End Users
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Vitamin B12 Gummy Overview
9.5.2 South and Central America Vitamin B12 Gummy Forecasts and Analysis
9.5.3 South and Central America Vitamin B12 Gummy Forecasts and Analysis - By Type
9.5.4 South and Central America Vitamin B12 Gummy Forecasts and Analysis - By End Users
9.5.5 South and Central America Vitamin B12 Gummy Forecasts and Analysis - By Countries
9.5.5.1 Brazil Vitamin B12 Gummy
9.5.5.1.1 Brazil Vitamin B12 Gummy by Type
9.5.5.1.2 Brazil Vitamin B12 Gummy by End Users
9.5.5.2 Argentina Vitamin B12 Gummy
9.5.5.2.1 Argentina Vitamin B12 Gummy by Type
9.5.5.2.2 Argentina Vitamin B12 Gummy by End Users
9.5.5.3 Rest of South and Central America Vitamin B12 Gummy
9.5.5.3.1 Rest of South and Central America Vitamin B12 Gummy by Type
9.5.5.3.2 Rest of South and Central America Vitamin B12 Gummy by End Users

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. VITAMIN B12 GUMMY, KEY COMPANY PROFILES
11.1. DRFORMULAS
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. HERO NUTRITIONALS
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. NATURE MADE
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. NORDIC NATURALS
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. RAINBOW LIGHT
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. SMART PANTS VITAMINS
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. OTHERS
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1. DrFormulas
2. Hero Nutritionals
3. Nature Made
4. Nordic Naturals
5. Rainbow Light
6. Smart Pants Vitamins
7. Others

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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.

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