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Global Multivitamin Tablet Market Outlook 2028: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

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Global Multivitamin Tablet Market Outlook 2028: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

Global Multivitamin Tablet Market Outlook 2028: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

  • Published Date: 04 May 2021
  • Report ID: HLT 00194
  • Pages:189
  • Base Year: 2019
  • Format: PDF
  • Historical Data: 2016-2019

Global Multivitamin Tablet Market is anticipated to rise at a value CAGR of xx% over 2019-2028. According to a study published by Insure Insights on the Global Multivitamin Tablet Market. Multivitamin is a preparation that provides dietary supplement along with vitamins, dietary minerals, and other nutritional elements. These drugs are available in the form of tablets, capsules, pastilles, powders, liquids, or injectable formulations. Multivitamin Tablets is an oral dosage form; they are the most widely used form of a multivitamin. The rise in disposable income among the public has driven market growth.

Top Driver: The surge in awareness about better health and health maintenance have boosted the market growth.

Increasing in demand for better maintenance of health and wellbeing is the primary factor is boosting the market growth. The rise in the population growth, increase in the geriatric population has fostered the market growth. Moreover, an increase in Vitamin deficiency in adults and children, a High rate of adoption sports-based nutritional supplements, and an increase in the sports activities professionally; have further enhanced the market growth.

Energy & Weight Management have made the highest segmental growth in the Global Multivitamin Tablet Market

Based on the Application, Energy & Weight Management segment have dominated the segmental growth as they are Multivitamins are widely used in for providing Energy and help in weight management, Vitamins like Vitamin b12 assists in losing weight & shed fat. B12 is the most important for weight management.  The increase in the awareness for weight loss has boosted the demand for a multivitamin and have escalated the market growth. There are many other vitamins like vitamin D even they help in weight management and boosts the Energy of an individual

In terms of the type of Medication, Prescribed Multivitamin segment has dominated the segmental growth owing to the growing number of individuals with vitamin deficiencies. The OTC segment is expected to grow at a higher rate owing to the increase in the commercialization of Multivitamin advertisements. Based on the End User, Adults segment have held the most significant growth due to the habits of fast food and unhealthy food lifestyle, improper nutrients in diet have further contributed to the market growth

Asia Pacific rules the regional market with the ever-increasing population growth

Asia Pacific has dominated the regional market due to the increase in population growth, especially in countries like China, India, etc., the growth in the geriatric population has further attributed to the regional growth.  The rise in disposable income improved desire to remain fit and healthy, and rapid urbanization, especially in China, India, and Japan, have escalated the regional market. The surge in the population growth with vitamin deficiency especially in children and in adults have further boosted the regional revenue

Product launches, new innovations, Mergers, and Acquisition, are the key strategies of the competitors

The Players of the Global Multivitamin Tablet Market is fragmented. Product launches, new innovations, Mergers, and Acquisition, are strategies used by the competitors   The key competitors of the Global Multivitamin Tablet Market Amway; Bayer; Arkopharma; Pfizer; Nature’s Bounty; Herbalife International of America, Inc.; Bionova; Ayanda; American Health, Inc. and Abbott

Abbott:  Abbott, is one of the key competitors of the Global Multivitamin Tablet Market; for instance, In January 2017, Abbott, had announced the acquisition of ST. JUDE MEDICAL, they are a leader in medical device manufacturing. The acquisition was made by Abbott to expands its product portfolio with devices, diagnostics, nutritional and branded generic pharmaceuticals

Bayer:  Bayer is a popular competitor in the Global Multivitamin Tablet Market. In April 2019, Bayer had announced the launch of New Redoxon Triple Action Supplement to Overcome Immunity Challenges during Ramadhan Fasting Period, it consists of high levels of Vitamin C, Vitamin D, and Zinc, to support the three layers of body’s immunity defense.

Scope of the Report

By Application

  • Energy & Weight Management
  • Bone & Joint Health
  • Others

By Type of Medication

  • Over-The-Counter (OTC)
  • Prescribed

By End User

  • Adults
  • Geriatric
  • Pregnant Women
  • Children

By Region

  • North America
  • Europe
  • Asia Pacific
  • LAMEA

Key Reasons to Purchase this Report

  1. It provides a technological development map over time to understand the growth rate of the industry.
  2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
  3. It renders definite analysis for changing competitive dynamics.
  4. It builds a seven-year estimate based on how the market is predicted to grow.

Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Multivitamin Tablet Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Multivitamin Tablet Market -Industry Snapshots

6.1             Overview

6.1.1          Global Multivitamin Tablet Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Multivitamin Tablet Market Analysis, by Application

7.1             Overview

7.2             Key Findings for Multivitamin Tablet Market- By Application

7.2.1          Multivitamin Tablet Market- Energy & Weight Management

7.2.2          Multivitamin Tablet Market- Bone & Joint Health

7.2.3          Multivitamin Tablet Market- Others

Chapter 8           Global Multivitamin Tablet Market Analysis, by Type of Medication

8.1             Overview

8.2             Key Findings for Multivitamin Tablet Market- By Type of Medication

8.2.1          Multivitamin Tablet Market- Over-The-Counter (OTC)

8.2.2          Multivitamin Tablet Market- Prescribed

Chapter 9           Global Multivitamin Tablet Market Analysis, by End User

9.1             Overview

9.2             Key Findings for Multivitamin Tablet Market- By End User

9.2.1          Multivitamin Tablet Market-Adults

9.2.2          Multivitamin Tablet Market- Geriatric

9.2.3          Multivitamin Tablet Market- Pregnant Women

9.2.4          Multivitamin Tablet Market- Children

Chapter 10       Multivitamin Tablet Market Analysis by Region

10.1           Key Findings for Multivitamin Tablet Market- By region

10.2           Overview

10.2.1       Global Multivitamin Tablet Market Analysis, By Application, 2019 – 2028

10.2.2       Global Multivitamin Tablet Market Analysis, By Type of Medication, 2019 – 2028

10.2.3       Global Multivitamin Tablet Market Analysis, By End User, 2019 – 2028

10.3           Multivitamin Tablet Market – North America

10.3.1       Overview

10.3.2       U.S.

10.3.3       Canada

10.3.4       Mexico

10.3.5       North America Market, By Application

10.3.6       North America Market, By Type of Medication

10.3.7       North America Market, By End User

10.4           Multivitamin Tablet Market – Europe

10.4.1       Overview

10.4.2       Germany

10.4.3       United Kingdom

10.4.4       France

10.4.5       Italy

10.4.6       Rest Of Europe

10.4.7       Europe Market, By Application

10.4.8       Europe Market, By Type of Medication

10.4.9       Europe market by, End User

10.5           Multivitamin Tablet Market – Asia Pacific

10.5.1       Overview

10.5.2       China

10.5.3       Japan

10.5.4       India

10.5.5       Rest of APAC

10.5.6       Asia Pacific Market, By Application

10.5.7       Asia Pacific Market, By Type of Medication

10.5.8       Asia Pacific Market, By End User

10.6           Multivitamin Tablet Market – LAMEA

10.6.1       Overview

10.6.2       Middle East & Africa (MEA)

10.6.3       Latin America

10.6.4       Rest Of World

10.6.5       Latin America, Middle East and Africa Market, By Application

10.6.6       Latin America, Middle East and Africa Market, By Type of Medication

10.6.7       Latin America, Middle East and Africa Market, By End User

Chapter 11       Market Competition Analysis

11.1           Market Share/Positioning Analysis

11.1.1       Market Positioning of Key Vendors, 2019

11.1.2       Key Strategies Adopted by the Leading Players

11.1.3       Recent Developments

Chapter 12       Company Profiles- Snapshot

12.1           Amway

12.1.1       Business Fundamentals

12.1.2       Financial Snapshots

12.1.3       Product Portfolio

12.1.4       Recent Developments

12.2           Bayer

12.3           Arkopharma

12.4           Pfizer

12.5           Nature’s Bounty

12.6           Herbalife International of America, Inc.

12.7           Bionova

12.8           Ayanda

12.9           American Health, Inc.

12.10        Abbott

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 13       Appendix

 

 

 

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