The Global Multivitamin Capsules And Tablets Market Report by The Business Research Company covers multivitamin capsules and tablets market drivers and restraints, multivitamin capsules and tablets market size, major players, and the impact of COVID-19 on the multivitamin capsules and tablets market.

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 other different conditions.

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 change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The multivitamin capsules and tablets market is expected to reach $24.80 billion in 2025 at a CAGR of 8%.

Increasing health consciousness among individuals is driving the market for multivitamin capsules and tablets. Multivitamins tablets or capsules are often prescribed by doctors to treat or prevent vitamin deficiency due to poor diet, certain illnesses, or during pregnancy as it contains different vitamins that are normally found in foods and other natural sources. The demand for multivitamins also increased attributing to rising health concerns associated with the COVID-19 pandemic.

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Some multivitamin capsules and tablets market trends include shifting consumer focus towards flavored gummy vitamins. Consumers are searching for more convenient and entertaining supplement experiences, which will lead to a move toward flavored gummy vitamins.

Global multivitamin capsules and tablets market segments include:

1) By Type: Multivitamins Tablets, Multivitamins Capsules

2) By Distribution Channel: Store Based, Non-Store Based

3) By Application: Energy & Weight Management, General Health, Bone & Joint Health, Gastrointestinal Health, Immunity, Cardiac Health, Diabetes, Anti-Cancer, Others

4) By End User: Adults, Geriatric, Pregnant Women, Children, Infants

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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The Multivitamin Capsules And Tablets Global Market Report 2021: COVID-19 Implications And Growth is one of a series of new reports from The Business Research Company that provides multivitamin capsules and tablets market overviews, analyzes and forecasts market size, share, multivitamin capsules and tablets market players, multivitamin capsules and tablets market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The multivitamin capsules and tablets identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More:

Read Multivitamin Capsules And Tablets Global Market Report 2021: COVID-19 Implications And Growth from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries

Market Players Covered: 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

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Multivitamin Capsules And Tablets Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Multivitamin Capsules And Tablets Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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