
Report ID: SQMIG35I2229
Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Gummy Vitamins Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Gummy Vitamins industry players.
Global Gummy Vitamins Market is fragmented and highly competitive. Key industry players are focused on product developments, new product launches, and geographical expansions to gain a significant amount of market share.
For example, In July 2022, Mankind Pharma, a well-known pharmaceutical company in India, launched its first series of multivitamin candies for children under the Health OK brand. This gummy multivitamin is recommended for teens and children aged 7 to 17. It promotes healthy growth as well as a stronger immune system. It comes in two flavors: lemon and strawberry, and it contain vitamins A, B12, C, and D, as well as zinc, calcium, iodine, and magnesium.
In August 2021, Catalent Inc., a company based in New Jersey, announced that it would buy Bettera Holdings LLC, a company that makes vitamin-based soft chew and gummy candies and is for USD $1 billion. The acquisition aims to considerably expand the consumer health business and give clients access to tremendous potential in the global market for vitamin-based lozenges, soft chews, and gummies.
In August 2021, MegaFood, a US-based dietary supplement provider of real food and critical minerals, announced that it will expand its multivitamin line with multivitamin-based gummies for various age groups. The gummies are vegetarian, Non-GMO Project Verified, gluten-free, glyphosate residue-free, and dairy-free promoting wellbeing and optimal health for men, women, and children aged 4 and up, as well as pregnant women.
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Report ID: SQMIG35I2229
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