Mexico Adult Vitamin Gummies Market, By Gummy Type (Gummy Bears, Gummy Rings, Gummy Worms, and Others), Vitamin Category (Natural Vitamins, Synthetic Vitamins), Vitamin Type (Vitamin A, Vitamin B, Vitamin C, Vitamin D, Vitamin E, Vitamin K, Multivitamin, and others), Flavor (Tangerine, Guava, Strawberry, Blueberry, Cherry, Raspberry, Blackberry, Banana, Cranberry, Watermelon, Orange, Pineapple, Apple, Lime, Mixed Fruit, Others), Nature (Conventional, Organic), Claim (Sugar Free, Non-GMO, Preservatives Free, Gluten Free, Artificial Flavor Free, Artificial Color Free, Others), Gummy Product Category (Standard, Personalized), Function (General Well-Being, Immunity, Digestive Health, Bone And Joint Health, Heart Health, Skin Health, Hair Health, Nail Health, Weight Management, Sports Nutrition, Others), Packaging Type (Jar/Bottles, Pouches, Others), Packaging Size (250 Mg, 750 Mg, 500 Mg, 900 Mg, Others), Distribution Channel (Store Based Retail, Online Based Retail) Industry Trends and Forecast to 2029.
Market Analysis and Insights : Mexico Adult Vitamin Gummies Market
Mexico adult vitamins gummies market is projected to register a 4.2% CAGR in the forecast period 2022 to 2029. The new market report contains data for historic years 2020, the base year of calculation is 2021 and the forecast period is 2022 to 2029 and expected to reach USD 352,980.20 thousand by 2029.
A gummy vitamin is like candy, but is soft, small, chewy dietary supplements made up of nutrients and are vitamin enriched. They were formulated for the children and elderly, who do not want to take pills and prefer dry supplements over liquid form. Gummies are more appetizing than traditional pills are available in a wide variety of flavours.
The gummy vitamins demand is rapidly increasing due to the rise in the awareness campaign regarding health and its preventive use, especially after the outbreak of the Covid-19 pandemic the consumer became more health-conscious and were searching for products and supplements that were immunity boosters. Gummy vitamins include the ingredients that help in metabolic health and glycaemic index and regulate the folic acid count in the human body. Gummy is also available as probiotics, omegas, a range of specific nutrients, and immune support having several vitamins and minerals or a few selected nutrients.
The gummy types include – gummy bears, gummy rings, gummy worms, and others. Owing to gummy bears ease of use and a variety of unique flavours, vitamin consumers are moving from conventional pills to gummy vitamins. Innovative goods like hemp-based gummies and pet-oriented gummies have hit the market to cater to the consumer's inclination towards vitamin sources with additional attributes.
This Mexico adult vitamin gummies market report provides details of market share, new developments, and product pipeline analysis, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Mexico Adult Vitamin Gummies Market: Scope and Market Size
Mexico adult vitamin gummies market is segmented into gummy type, vitamin category, vitamin type, flavor, nature, claim gummy product category, function, packaging type, packaging size and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target market.
- On the basis of gummy type, the Mexico adult vitamin gummies market is classified into four segments gummy bears, gummy rings, gummy worms, and others. In 2022, the gummy bear’s segment is expected to dominate the Mexico adult vitamin gummies market owing to their benefits such as improving the texture of the skin, hair and nails, and many more. Gummy bears provide essential vitamins with delicious tastes and exotic flavors which is increasing its demand among the consumer in the market.
- On the basis of vitamin category, the Mexico adult vitamin gummies market is classified into two segments natural vitamins and synthetic vitamins. In 2022, the synthetic vitamins segment is expected to dominate the Mexican adult vitamin gummies market owing to the increasing demand for vegan vitamin gummies.
- On the basis of vitamin type, Mexico’s adult vitamin gummies market is classified into eight segments vitamin A, vitamin B, vitamin E, vitamin C, vitamin D, vitamin K, multivitamin, and others. In 2022, the vitamin A segment is expected to dominate the Mexico adult vitamin gummies market owing to its increasing demand by adults as it is important for normal vision, the immune system, and reproduction. Growing consumer awareness to maintain and improve immune health and wellbeing is expected to drive the vitamin A in Mexico adult vitamin gummies market.
- On the basis of flavor, Mexico’s adult vitamin gummies market is classified into sixteen segments tangerine, guava, strawberry, blueberry, cherry, raspberry, blackberry, banana, cranberry, watermelon, orange, pineapple, apple, lime, mixed fruit, and others. In 2022, orange flavor gummies are expected to dominate the Mexico adult vitamin gummies market because as orange flavor gummies may contain good proportions of vitamin C in them. The orange flavor is a combination of sweet and sour which is highly preferred by consumers which is increasing its demand by consumers.
- On the basis of nature, Mexico’s adult vitamin gummies market is classified into two segments conventional and organic. In 2022, the organic segment is expected to dominate the Mexico adult vitamin gummies market because of the higher demand for nature-based products from consumers’ end. Consumers prefer organic food due to safety, human health, and environmental concern and also due to attributes like nutrition value, taste, the freshness of organic products.
- On the basis of the claim, Mexico’s adult vitamin gummies market is classified into seven segments sugar-free, non-GMO, preservative-free, gluten-free, artificial flavor-free, artificial color-free, and others. In 2022, the sugar-free segment is expected to dominate the Mexico adult vitamin gummies market due to increasing demand for sugar-free products and more and more people getting prone to diabetes and dental problems. Rising health consciousness among consumers to encourage the demand for sugar-free products.
- On the basis of gummy product type, the Mexico adult vitamin gummies market is classified into two segments standard and personalized. In 2022, the standard segment is expected to dominate the Mexican adult vitamin gummies market because of its easy availability and accessibility. Standard gummy products carry all the essential nutrients and vitamins. Rising consumer preference for standard products with healthy ingredients to prevent infection and disease.
- On the basis of function, Mexico’s adult vitamin gummies market is classified into eleven segments general well-being, immunity, digestive health, bone and joint health, heart health, skin health, hair health, nail health, weight management, sports nutrition, and others. In 2022, the general well-being segment is expected to dominate the Mexican adult vitamin gummies market because of shifting consumer preferences, rising health awareness, the growing geriatric population, and the adoption of a healthy diet.
- On the basis of packaging type, the Mexico adult vitamin gummies market is classified into three segments jar/bottles, pouches, and others. In 2022, the pouches segment is expected to dominate the Mexico adult vitamin gummies market due to their easy packaging and longer shelf life of the product. Pouches are travel friendly which is increasing its demand in the market.
- On the basis of packaging size, Mexico’s adult vitamin gummies market is classified into five segments 250 mg, 750 mg, 500 mg, 900 mg, and others. In 2022, 250 mg is expected to dominate the Mexican adult vitamin gummies market because many vitamins need to be taken in a limited quantity of up to 250 mg such as Vitamin C among many others. Quantity up to 250 mg per serving is the most suitable and preferred packaging size adopted by the consumer for vitamin gummies.
- On the basis of distribution channel, the Mexico adult vitamin gummies market is classified into two segments store-based retail and online-based retail. In 2022, store-based retail is expected to dominate the Mexican adult vitamin gummies market owing to the wide range of products offered on these store-based retail stores. Store-based retail outlets allow customers to see what they are buying up.
Increasing Healthier Lifestyle Trend Across the Globe
Mexico adult vitamins gummies market also provides you with detailed market analysis for every gummy type in the installed base of different kinds of products for adult vitamins gummies market and impact on vitamins & supplements market using lifeline curves and changes in infant formula regulatory scenarios and their impact on the protein hydrolysates market. The data is available for the historic period 2011 to 2020.
Competitive Landscape and Adult Vitamin Gummies Market Share Analysis
Mexico adult vitamins gummies market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Mexico presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to Mexico adult vitamins gummies market.
Many contracts and agreements are also initiated by the companies worldwide, which are further accelerating the Mexico adult vitamins gummies market growth.
For instance,
- In October 2021, GlaxoSmithKline plc announced the acquisition of Representaciones e Investigaciones Médicas, S.A. de C.V. (“Rimsa”), a pharmaceutical manufacturing and distribution company in Mexico, for USD 2300 million, in a cash free, debt free set of transactions. The company financed the transaction using cash on hand. This has increased the presence of the company in Mexico and will generate the revenue for the company
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