Multivitamins Market
Multivitamins Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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Multivitamins Market Size and Growth
The global multivitamins market is projected to reach approximately $45 billion by 2027, driven by increasing health awareness and consumer demand for dietary supplements. Market conditions indicate a shift towards natural and organic formulations, with growth influenced by demographics prioritizing preventive healthcare and wellness across various age groups and lifestyles.
Companies Covered
(Covid 19 Impact Covered)
◍ General Nutrition Centers, Inc
◍ AMWAY
◍ Puritan`s Pride
◍ Pharmavite
◍ Jamieson
◍ Webber Naturals
◍ Pfizer Inc
◍ Daiichi Sankyo
◍ Eisai Co., Ltd
◍ SALUS-HAUS
◍ DSM
◍ Hainan Yangshengtang
◍ CSPC Pharmaceutical Group
◍ Sanofi China
The multivitamins market is competitive, with companies like General Nutrition Centers, Inc., AMWAY, and Pfizer Inc. enhancing growth through product innovation and strategic marketing. These firms leverage diverse formulations and distribution channels to expand their reach. Notable sales figures include:
- General Nutrition Centers: approx. $1 billion
- Pfizer Inc.: $51.75 billion (total revenue)
- Jamieson: $300 million
- Sanofi China: $9 billion (total revenue).
Market Segmentation
By Application
Audlts
Children
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By Product
Tablets
Capsule
Power
Liquild
Market Growth
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$ X Billion USD
