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According to The Business Research’s Multivitamin Capsules and Tablets Market Report, the global multivitamin capsules and tablets market will reach USD 24,274.7 million in 2021, growing at a compound annual growth rate (CAGR) of 7.6% since 2016. The global multivitamin capsules and tablets market size is expected to grow by 7.3% from USD 24,274.7 million in 2021 to USD 34,547.7 million in 2026. The global multivitamin capsules and tablets market size is expected to reach USD 49,656.4 million by 2031, growing at a CAGR of 7.5% from 2026.
Product Launches: Product launches in multivitamin supplements drive the growth of the multivitamin capsules and tablets market. Vitamins are essential nutrients for good health. Multivitamin pills, according to some, can compensate for poor nutrition and even reduce the risk of chronic diseases. Parents often include nutritional supplements and multivitamins for their children as part of this regimen. In May 2021, to increase the palatability and appeal of the pediatric market, NewAge, Inc, a US-based organic and health products company, launched a daily supplement Nutrifii Kids chewable multivitamin to support healthy development and immune systems in children and adolescents.
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Multivitamin Capsules and Tablets Market Segmented –
• By Type: Multivitamins Tablets, Multivitamins Capsules
• By Distribution Channel: Store Based, Non Store Based
• By Application: Energy and Weight Management, General Health, Bone and Joint Health, Gastrointestinal Disease, Immunity, Heart Health, Diabetes, Anti-Cancer
• By End User: Adults, Elderly, Pregnant Women, Children
• By geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the multivitamin capsules and tablets market.
Major competitors in the multivitamin capsules and tablets market include Abbott Laboratories, Otsuka Holdings Co., Glaxosmithkline Plc, Herbal Life Nutrition, Bayer.
View the full Multivitamin Capsules and Tablets Market Report here:
https://www.thebusinessresearchcompany.com/report/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 used to provide vitamins to people. Multivitamin tablets and capsules are a combination of many different vitamins commonly found in foods and other natural sources. Multivitamins are used to treat vitamin deficiencies caused by illness, pregnancy, malnutrition, digestive disorders, and a variety of other conditions.
Multivitamin Capsules and Tablets Market Contents Include:
1. Multivitamin Capsules and Tablets Market Overview
2. Content
3. List of figures
4. List of tables
5. Structure of the report
……
20. Global Multivitamin Capsules and Tablets Market Competitive Landscape
21. Major Mergers and Acquisitions in the Multivitamin Capsules and Tablets Market
22. Multivitamin Capsules and Tablets Market Opportunities and Strategies
23. Multivitamin Capsules and Tablets Market, Conclusion and Recommendations
24. Appendix
The business research company’s “Global Multivitamin Capsules and Tablets Market Report – Forecast to 2030” is the most comprehensive report available on the market, covering data and statistics from more than 60 geographies, analyzed across more than 2,500 market segments. The regional and country breakdown section provides market analysis in each geography and market size by region and country. Additionally, it evaluates the historical and projected growth of the market and identifies significant trends and strategies that can be used to outperform competitors in the sector.
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