Friday, January 15, 2021
VMS Sublingual Products Market Analysis: Global Size Supposed to reach USD 10,844 MN in 2027
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The latest market report published by Credence Research, Inc. “Global VMS Sublingual Products Market: Growth, Future Prospects, and Competitive Analysis, 2019 - 2027”. The VMS Sublingual Products market was valued at USS 6,790 million in 2019 and expected to grow at a CAGR of 10.37% during the forecast period from 2020 to 2027 to reach around USD 10,844 million in 2027.
A vitamin and mineral enhancement give an
assortment of supplements that are likewise found in food. These enhancements
are frequently called multivitamins. They come as pills, chewable tablets,
powders, and fluids. A standard multivitamin generally contains water-solvent
nutrients. These nutrients pass all through the body without any problem. Most
don't develop in the body's cells. Water-solvent nutrients incorporate nutrient
C and the B nutrients: thiamine, riboflavin, niacin, pantothenic corrosive, folic
corrosive, B6, biotin, and B12. Fat-solvent nutrients incorporate nutrients A,
D, E, and K. On the other hand, minerals incorporate magnesium, phosphorus,
calcium, copper, iron, potassium, selenium, and zinc. A few multivitamins
likewise contain different fixings that aren't nutrients or minerals. These
incorporate substances, for example, the cell reinforcements lutein and
lycopene.
Key Trends in Global VMS Sublingual Products
Market
Rising Health Concern
Over the past few years, it has been notified
that people are becoming more conscious about the health. Thus, people are
picking up optimal health nutrition-based products for themselves in order to
ensure proper growth of health. Besides this, it has also been observed that
they are ready to spend on well-quality expensive vitamin minerals supplements.
Impact of COVID 19 on Global VMS Sublingual
Products Market
COVID 19 has left an unparalleled impact on
growth of global VMS Sublingual Products industry. The global VMS Sublingual
Products has witnessed very severe setback like never before. The demand for
VMS Sublingual Products is expected to be plunged by almost 20% in 2020, in
terms of both volume as well as revenue. However, with the beginning of unlock
process across the world and anticipation of COVID 19 vaccine to be launched
during first half of 2020 is expected to bring recovery in demand for VMS
Sublingual Products.
Get Sample Copy With Covid19 Impact
Analysis with ToC: https://www.credenceresearch.com/sample-request/60287
Pre and Post COVID 19 Global VMS Sublingual Products Market,
2019 – 2027 (USD Million)
Global VMS Sublingual Products Market by Type
Insights
Based on its type, the global VMS Sublingual
Products market can be segmented into Vitamins and Minerals Supplements.
Sublingual and transdermal vitamin sprays play an important role for those who
need to increase low levels of nutrients, therefore not relying on digestive
efficiency which varies from person to person. Awareness of the vital health
maintenance role of vitamins like D and B12 has contributed to the rise, with
increasing growth from overseas markets including central and
eastern Europe, Scandinavia and South Africa.
Global VMS Sublingual Products Market by Form
Insights
Based on its form, the global VMS Sublingual
Products market can be segmented into Pills/tablets/lozenges, Sprays and
Strips. Pills/tablets/lozenges accounted for the largest share in total revenue
generated by the global VMS Sublingual Products market. Pills/tablets/lozenges
accounted for largest share on the account of ease of consumption, easy to
carry and offer more convenience.
Global VMS Sublingual Products Market by
Distribution Channel Insights
Based on its distribution channel, the global
VMS Sublingual Products market can be segmented into Online and Offline. Online
retailing is becoming a most well accepted distribution channel all across the
globe and especially in emerging markets such as Eastern Europe, Latin America
and Asia Pacific. Rising internet penetration over the past few years has
strengthened the online shopping penetration all over the world. Rising
purchase of VMS products through online channels instead of visiting brick and
mortar stores is anticipated to bolster the growth of VMS sublingual products
market over the forecast period.
Global VMS Sublingual Products Market by
Regional Insights
Asia Pacific accounted for largest share in
2019 and was closely followed by the North America and Europe. Many factors are
affecting growth of the global vitamin/minerals supplement industry, including
growth of emerging markets. Strong growth of the market for dietary
supplements reflects increasing consumer concerns about the adverse effects of
busy lifestyles and stress on health, as well as rising demand from an aging
population. Emerging markets are seeing rising demand, however, with increasing
disposable incomes and a desire to take on elements of a more Western
lifestyle. This is being led by Asia, particularly China, which is developing
fast and has a large population that is increasingly able to afford this type
of product.
Get Sample Copy With Covid19 Impact
Analysis with ToC: https://www.credenceresearch.com/sample-request/60287
Global VMS Sublingual Products Market
Competitive Landscape
Key players operating in the field of
manufacturing VMS Sublingual Products including but not limited to Country Life
LLC, Biotics Research Corporation, Carlson Laboratories, Deva Nutrition LLC,
Enzymatic Therapy LLC, Garden of Life Inc., Jarrow Formulas Inc., Fresenius
KabiVitaMist, Instavit Limited, KAL Nutraceuticals (Brand), Life Extension
Inc., Essential Source Inc., Natural Factors Nutritional Products Ltd, Nature’s
Life and Solaray Nutraceuticals. VMS manufacturers are highly fragmented and
are accessing new sales channels to reach a diverse and broad set of customers.
The highest concentration of VMS sales are in super/hyper markets, with online
stores and specialty retailers closely behind. As they’ve grown in popularity
due to their perceived higher product quality and private label options,
specialty retailers have contributed significantly to channel proliferation.
Internet sales have experienced significant growth over the past five years, a
trend that is expected to continue as consumers become more familiar with the
category and leverage the convenience of online shopping for repeat purchases.
Market Segmentation
Global VMS Sublingual Products Market by Type,
2015 - 2027
· Vitamins
Supplements
· Minerals
Supplements
Global VMS Sublingual Products Market by Form,
2015 - 2027
·
Pills/tablets/lozenges
· Sprays
·
Strips
Global VMS Sublingual Products Market by
Distribution Channel, 2015 - 2027
· Online
· Offline
Global VMS Sublingual Products Market by
Region, 2015 - 2027
· North
America
· Europe
· Asia
Pacific
· Latin
America
· Middle East
and Africa
Global VMS Sublingual Products Market: Key
Players
· Country
Life LLC
· Biotics
Research Corporation
· Carlson
Laboratories
· Deva
Nutrition LLC
·
Enzymatic Therapy LLC
· Garden
of Life Inc.
· Jarrow
Formulas Inc.
·
Fresenius Kabi
· VitaMist
· Instavit
Limited
· KAL
Nutraceuticals (Brand)
· Life
Extension Inc.
·
Essential Source Inc.
· Natural
Factors Nutritional Products Ltd
· Nature’s
Life
· Solaray
Nutraceuticals
. Others
Get Sample Copy With Covid19 Impact
Analysis with ToC: https://www.credenceresearch.com/sample-request/60287
DoC: https://issuu.com/robsonspot/docs/vms_sublingual_products_market.docx
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