aprile 2023 - Pagina 2 di 2

Faucet Market Size, Share & Trends Report 2023-2028

According to the latest report by IMARC Group, titled “Faucet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028, The global faucet market size reached US$ 26.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 42.7 Billion by 2028, exhibiting a growth rate (CAGR) of 7.85% during 2023-2028.

Faucet Industry Definition and Application:

A faucet is a fixture in plumbing that controls the flow of gas or liquid from a reservoir. Faucets are made of numerous materials, such as die-cast zinc, brass, steel, and chrome-plated plastic. They generally include components such as a cartridge, spout, handle, mixing chamber, aerator, and an inlet source. Some commonly known faucets include pull-down, bar, pot, pull-out, hands-free, and side spray faucets. They are installed in washrooms, kitchens, and areas with a steady water supply at regular intervals. They come in several colors, styles, materials, and finishes that can be customized to meet the specific needs of the user. As a result, faucets are widely applied in residential, industrial, and commercial sectors.

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Faucet Market Trends and Drivers:

The market is primarily driven by the expanding residential sector. In addition, the growing consumer inclination toward multi-functionality faucets that are also aesthetically pleasing is contributing to the market growth. Moreover, in the introduction of digital, touch-free, hybrid smart faucets equipped with efficiency sensors and temperature gauges represent another major growth-inducing factor. Besides this, the escalating demand for modern and luxurious renovated kitchen settings with faucets designed to provide cold, hot, and distilled water to ensure the use of appropriate temperatures for numerous kitchen purposes is providing a positive thrust to the market growth. Along with this, rapid urbanization, the significant expansion in commercial sectors such as hotels, hospitals, railways, and restaurants, and increasing investment in industrial sectors are propelling market growth. Furthermore, the changing lifestyles of consumers, rising disposable income, and key players promoting their products are also creating a favorable market outlook.

Faucet Market Segmentation:

The report has segmented the market on the basis on type, application, technology, materials, distribution channel and end user.

Breakup by Type:

One Hand Mixer
Two Hand Mixer
Others

Breakup by Application:

Bathroom
Kitchen
Others

Breakup by Technology:

Cartridge
Compression
Ceramic Disc
Ball

Breakup by Materials:

Metal
Plastics

Breakup by Distribution Channel:

Online
Offline

Breakup by End User:

Residential
Commercial
Industrial

Breakup by Region:

North America:( United States, Canada)
Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

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Competitive Landscape:

American Standard Brands (Lixil Group)
Colston Bath
Delta Faucet Company (Masco Corporation)
Franke Holding AG (Artemis Holding AG)
Gerber Plumbing Fixtures LLC (Globe Union Group Inc.)
Grohe America Inc.
Jaquar
Kohler Co.
Moen Incorporated (Fortune Brands Home & Security Inc.)
Toto Ltd.
Villeroy & Boch Aktiengesellschaft.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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Smart Sensor Market Demand, Growth, Forecast 2023-2028

According to the latest report by IMARC Group, titled “Smart Sensor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028″ The global smart sensor market size reached US$ 49.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 107.8 Billion by 2028, exhibiting a growth rate (CAGR) of 14% during 2023-2028.

Smart Sensor Industry Definition and Application:

A smart sensor is an electronic device that takes input from external sources and relies on built-in compute resources to perform predefined functions. It comprises primary sensors, microcontrollers, transducers, amplifiers, excitation control systems, analog filters, and compensators. It also includes software-defined elements that provide different functions, such as digital processing, data conversion, and communication, to external devices. It has multi-sensing, smart calibration, self-identification, amplification, data control, and remote monitoring capabilities. It offers numerous advantages as compared to basic models, such as high reliability and performance, minimum interconnecting cables, scalable and flexible system, small rugged packaging, and minimum cost.

It enables a more accurate and automated collection of environmental data, which is used for monitoring and controlling mechanisms, such as smart grids, navigation systems, autonomous driving, wearable health monitoring devices, transport and logistics, telecommunications, and remote system monitoring. At present, smart sensors are integrated with the internet of things (IoT) and find extensive applications in fingerprint recognition, pattern recognition, telecommunication, press control, and micro-electromechanical systems (MEMS).

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Smart Sensor Market Trends and Drivers:

Expanding industrial automation due to technological advancements across the globe represents one of the key factors influencing the market positively. Smart sensors are used in electronic devices for advanced digital interfaces in various manufacturing units. They accurately measure environmental conditions, such as temperature, light, humidity, and biometric pressure to keep status updates for vital processes in manufacturing. They also assist in monitoring vibrations to evaluate utilization rates, which maximize the capacity of several devices. In addition, smart sensors are widely used in automotive vehicle safety devices, including cameras, radio detection and ranging (RADAR), light detecting and ranging (LiDAR), and ultrasonic and vision-based sensors. This, along with high-definition mapping systems, is positively influencing the market. Smart sensors are increasingly offering solutions in the healthcare sector, which include early detection, management, and prevention of chronic diseases, such as cardiovascular diseases and cancer.

Additionally, the widespread adoption of smart sensors in wearable objects that help monitor the physical parameters of the body and provide clinically relevant data for care are propelling key players to introduce advanced product variants in the market. Apart from this, 3D smart sensors are widely used in vision-guided robot systems to execute real-time control decisions and make them adoptable for unique environment applications. Moreover, various cost-effective product innovations, such as printed, organic, miniaturized, and lightweight smart sensors, are propelling the market growth. In line with this, favorable government policies to increase electronics manufacturing are strengthening the market growth. Furthermore, the high demand for smart sensors in research and development (R&D) areas, such as environmental analysis, robotics, biomedicines, and pharmaceuticals, is anticipated to drive the market.

Smart Sensor Market Segmentation:

The report has segmented the market on the basis on region, product, and application.

Breakup by Type:

Touch Sensor
Image Sensor
Temperature Sensor
Motion Sensor
Position Sensor
Pressure Sensor

Breakup by End User:

Automotive
Consumer Electronics
Infrastructure
Healthcare
Others

Breakup by Region:

North America:( United States, Canada)
Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

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Who are the Major Smart Sensor Market Key players?

The report provides a detailed analysis of the market leaders, including.

ABB Ltd.
Analog Devices Inc.
Eaton
Honeywell International Inc.
Infineon Technologies AG
NXP Semiconductors
Renesas Electronics Corporation
Robert Bosch GmbH
Siemens AG
STMicroelectronics
TDK Corporation
Texas Instruments Incorporated.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC’s information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company’s expertise.

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Pay TV Market Size & Share Analysis Report 2023-2028

According to IMARC Group’s latest report, titled “Pay TV Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The global pay TV market size reached US$ 185.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 199.7 Billion by 2028, exhibiting a growth rate (CAGR) of 1.4% during 2023-2028.

Pay TV Industry Definition and Application:

Also known as subscription television (TV), pay TV refers to a television service that requires a monthly fee to access channels and content. It includes networks of cables, satellites, and servers to provide the signal to subscribers. It offers a wider range of content, including live sports and movies, which is not available on free-to-air TV. It also provides value-added services, such as digital video recording (DVR) and online access to content, to enhance the viewing experience of subscribers.

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Pay TV Market Trends and Drivers:

At present, the expansion of broadband networks and increasing adoption of streaming services, such as Netflix and Amazon Prime, represent one of the key factors catalyzing the demand for PayTVs across the globe. In addition, shifting consumer preferences towards on-demand content is offering lucrative growth opportunities to key market players for introducing advanced services, such as voice assistants in payTVs. This, coupled with the inflating disposable incomes of individuals, is bolstering the growth of the market. Apart from this, payTV aids in convenient and flexible viewing facilities, including live TV and on-demand content, which is accessible on a wide range of devices, such as set-top boxes, smart TVs, smartphones, and tablets. This, in confluence with the increasing penetration of high-speed internet, is fueling the market worldwide.

Global Pay TV Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Bharti Airtel Limited,
DIRECTV (AT&T Communications)
Dish Network Corporation
DishTV India
Fetch TV Pty Limited (Astro All Asia Networks)
Foxtel (News Corp. Australia)
Rostelecom PJSC
Tata Sky Limited
Tricolor TV.

The report has segmented the market on the basis on region, type, technology type and application.

Breakup by Type:

Postpaid
Prepaid

Breakup by Technology Type:

Cable TV
DTT and Satellite TV
Internet Protocol Television (IPTV)

Breakup by Application:

Commercial
Residential
Others

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Breakup by Region:

North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

Key highlights of the report:

Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Electric Truck Market Share, Forecast, Report, Growth 2023-2028

According to the latest report by IMARC Group, titled, “Electric Truck Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028″, The global electric truck market size reached US$ 515.1 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,556.1 Million by 2028, exhibiting a growth rate (CAGR) of 32.2% during 2023-2028.

Industry Definition and Application:

An electric truck refers to a commercial vehicle operating on rechargeable batteries for transporting cargo. It is reliable and cost-effective,minimizes carbon emission and vehicular noise, and equipped with regenerative braking systems and automatic start and stop facilities. It is manufactured using lightweight materials and widely available in hybrid variants that operate via both fuel-gas and battery-operated engines.

Electric Truck Market Trends

Rapid urbanization, burgeoning automotive industry, and rising consumer preferences for hybrid and electric vehicles (H/EVs)are among the major factors positively influencing the market. In addition to this, governing authorities of numerous countries are undertaking initiatives to encourage the adoption of electric trucks, minimize the consumption of fossil fuels and consequently reduce greenhouse (GHG) emissions, which is bolstering the growth of the market. Furthermore, various technological advancements, including enhancements in the electronic charging infrastructure and the usage of magnetic resonance for wireless vehicle charging, are other factors anticipated to drive the market.

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Global Electric Truck 2023-2028 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

AB Volvo
BYD Company Ltd.
Daimler AG
FAW Group Co. Ltd.
Navistar Inc.
PACCAR Inc.
Rivian Automotive Inc.
Scania AB (Volkswagen AG)
Tata Motors Limited
Tesla Inc.
Tevva Motors Limited

The report has segmented the market on the based on region, vehicle type, propulsion, range and application.

Breakup by Vehicle Type:

Light-duty Truck
Medium-duty Truck
Heavy-duty Truck

Breakup by Propulsion:

Battery Electric Truck
Hybrid Electric Truck
Plug-in Hybrid Electric Truck
Fuel Cell Electric Truck

Breakup by Range:

0-150 Miles
151-300 Miles
Above 300 Miles

Breakup by Application:

Logistics
Municipal
Construction
Mining
Others

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Breakup by Region:

North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

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Live Cell Imaging Market Size, Share, Industry Trends 2023-2028

According to the latest report by IMARC Group, titled “Live Cell Imaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028″, The global live cell imaging market size reached US$ 2.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.5 Billion by 2028, exhibiting a growth rate (CAGR) of 9.01% during 2023-2028.

Live cell imaging refers to a microscopy technique that allows in vivo imaging of cell structures. It aids scientists in obtaining valuable information on biological processes, including movement with time resolution and molecular localization. Live cell imaging also assists in studying dynamic complex assembly and interaction between molecules, cellular responses to environmental cues, viral particle behavior, etc. In recent times, numerous technological advancements, such as algorithms and data analysis, are enabling the monitoring of molecules within animals.

Live Cell Imaging Market Trends:

The elevating incidences of chronic and lifestyle diseases and the expanding healthcare provision are driving the live cell imaging market. Furthermore, live cell imaging can be utilized in monitoring exocytosis, endocytosis, protein trafficking, cellular integrity, enzyme activity, signal transduction, etc. As a result, it is gaining preference over fixed cell imaging that usually requires a long exposure time and high illumination intensity. Additionally, various improvements in camera technology, sensitivity, pixel density, etc., are leading to advances in quantitative phase contrast, which is enabling image capture at different focal planes from one exposure. Besides this, several researchers are utilizing live cell imaging to get biologically relevant data as these images can be automatically processed to extract information from dynamic cells. Apart from this, the increasing government funding and investments in medical research and development (R&D) projects are expected to catalyze the market growth over the forecasted period.

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Global Live Cell Imaging Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Becton Dickinson and Company (BD)
Carl Zeiss AG
Leica Microsystems (Danaher Corporation)
Merck KGaA
Nikon Instruments Inc.
Olympus Corporation
PerkinElmer Inc.
Thermo Fisher Scientific Inc.

The report has segmented the market on the basis on region, product, application and technology.

Breakup by Product:

Equipment
Consumable
Software

Breakup by Application:

Cell Biology
Developmental Biology
Stem Cell and Drug Discovery
Others

Breakup by Technology:

Time-Lapse Microscopy
Fluorescence Recovery after Photobleaching (FRAP)
Fluorescence Resonance Energy Transfer (FRET)
High Content Screening (HCS)
Others

Breakup by Region:

North America:( United States, Canada)
Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico,Others)
Middle East and Africa

Key highlights of the report:

Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

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Global Insurtech Market Size | Industry Report 2023-2028

According to the latest report by IMARC Group, titled, “Insurtech Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The global insurtech market size reached US$ 5.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 41.0 Billion by 2028, exhibiting a growth rate (CAGR) of 40.3% during 2023-2028.

Insurtech, or insurance technology, refers to the use of technological innovations to garner savings and efficiency in the insurance industry. It is utilized to increase the efficiency in the operations of the insurance company by identifying the risks related to the business operations, market, liquidity, counterparty, and credit. Insurtech also simplifies financial transactions and enhances the functionality of the payment processes. It uses Big Data and artificial intelligence (AI) to optimize the pricing mechanisms and offer insurance-related services.

The global insurtech market is primarily driven by the increasing demand for digitization in the insurance industry. It simplifies the claim process and facilitates insurance companies to improve communication with their clients. Furthermore, the growing banking, financial services, and insurance (BFSI) industry and the decline in the insurance premium rates are fueling the market across the globe. Moreover, technological innovations, such as machine learning (ML) and blockchain technology, that aim to improve the efficiency of the existing insurance industry model. These factors are expected to propel the market growth in the coming years. Besides this, with the outbreak of coronavirus disease (COVID-19), companies are offering health insurance on e-commerce platforms. They offer numerous benefits, including affordable premiums, hospitalization cover, room or ICU rent, ambulance assistance, health assistance and teleconsultation. On account of this, there has been increasing demand for insurtech across the globe.

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Global Insurtech Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Clover Health Insurance
Damco Group
DXC Technology Company
Insurance Technology Services
Majesco
Oscar Insurance
Quantemplate
Shift Technology
Trov Inc.
Wipro Limited
Zhongan Insurance.

The report has segmented the market on the based on region, type, service and technology.

Breakup by Type:

Auto
Business
Health
Home
Specialty
Travel
Others

Breakup by Service:

Consulting
Support and Maintenance
Managed Services

Breakup by Technology:

Blockchain
Cloud Computing
IoT
Machine Learning
Robo Advisory
Others

Breakup by Region:

North America:(United States, Canada
Asia-Pacific:(China, Japan, India, South Korea, Australia, Indonesia,Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia,Others)
Latin America;(Brazil,Mexico, Others)
Middle East and Africa

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Online Grocery Market Size & Share Report 2023-2028

According to the latest research report by IMARC Group, titled “Online Grocery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” by IMARC Group offers a comprehensive analysis of the industry, which comprises insights on the online grocery market.

Is online grocery industry good for investment or future trend?

The global online grocery market size reached US$ 420 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,160.3 Billion by 2028, exhibiting a growth rate (CAGR) of 30.8% during 2023-2028.

What is online grocery?

Online grocery comprises processed meat, seafood, eggs, milk, cheese, yogurt, butter, vegetables, fruits, pulses, cereals, oils, juices, jams, jellies, biscuits, sauces, spices, herbs, and bakery and canned food products. It is stored in cold storage and warehouses to increase the overall shelf life. It is packaged by sellers in bubble wrap and parchment papers and delivered in cartons or cardboard boxes to the doorstep of the buyers. Online grocery is managed by following specific warehouse protocols that are meant for handling perishables to maintain their fresh quality for an extensive period. It enables individuals to shop remotely anytime without traveling to stores and supermarkets and standing in long queues.

It assists buyers in comparing prices, quality, and quantity of fruits and vegetables from various websites and applications. It allows individuals to save money by availing various coupon and referral codes and other lucrative offers. It also aids grocers by eliminating the requirement of maintaining a physical store and hiring appropriate employees for effective management. It can be purchased in bulk and tracked through the shopping website or application. It prevents individuals from impulse buying, helps them stick to their budget, and keeps track of their purchase histories. As it can be replaced or returned when delivered in rotten or damaged conditions, the demand for online grocery is rising worldwide.

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What is the drivers of change in trends for the online grocery market:

At present, the increasing demand for online grocery to avail contactless delivery service represents one of the primary factors influencing the market positively. Besides this, online grocery sellers are providing various beneficial offers to the buyers, such as cash-on-delivery (COD) services, multiple payment options, and fast delivery, which are supporting the growth of the market. In addition, the rising adoption of innovative business models by sellers, such as subscription, on-demand, slotted, and express delivery options, to enhance the shopping experience of their customers and attract new buyers is strengthening the growth of the market.

Apart from this, the growing number of online grocery stores selling organic products due to the rising health consciousness and environmental awareness among the masses is offering a favorable market outlook. Additionally, online grocers are selling premium quality edible products and various exotic seafood and fruits, which is bolstering the growth of the market. Moreover, there is a rise in the development of grocery delivery apps and websites as they enable sellers to expand their business while saving money and time spent on running a physical store. This, along with the increasing online shopping activities of individuals to purchase fresh groceries, is propelling the growth of the market.

Global Online Grocery Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

Top Online Grocery Companies Worldwide:

Amazon.com Services LLC
Costco Wholesale Corporation
EDEKA ZENTRALE Stiftung & Co. KG
Fresh Direct, LLC
HappyFresh Group
Koninklijke Ahold Delhaize N.V.
Reliance Industries Limited (RIL)
Albertsons Companies, Inc.
Cygnus Home Service, LLC
Shopfoodex Co Inc.
Tesco PLC
The Kroger Co.
Walmart Inc.
Wm Morrison Supermarkets Limited

The report has segmented the market on the basis on region, product type, business model, platform and purchase type.

Breakup by Product Type:

Vegetables and Fruits
Dairy Products
Staples and Cooking Essentials
Snacks
Meat and Seafood
Others

Breakup by Business Model:

Pure Marketplace
Hybrid Marketplace
Others

Breakup by Platform:

Web-Based
App-Based

Breakup by Purchase Type:

One-Time
Subscription

Breakup by Region:

North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=2763&flag=C

Key highlights of the report:

Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization

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Gummy Vitamins Market Size | Industry Trends Report 2023-2028

The latest report by IMARC Group, titled “Gummy Vitamins Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028, The global gummy vitamins market size reached US$ 6.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.25% during 2023-2028.

Gummy vitamins refer to dietary supplements that are easily chewable and comprise vitamin A, B6, B12, E, D3, D2, K, calcium, biotin, zinc, iron, potassium, thiamin, and magnesium. They are manufactured from gelatin, corn starch, water, sugar, and various colorings. They are widely available in different shapes, sizes, and flavors and are convenient for consumers facing difficulty in swallowing pills. Besides this, as they offer better taste as compared to other forms of vitamin supplements due to various flavorings, they are widely consumed by adults and children across the globe.

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Gummy Vitamins Market Trends:

At present, the rising demand for gummy vitamins around the world, as they nourish hair and promote growth, represents one of the key factors supporting the market growth. Besides this, the growing adoption of gummy vitamins among individuals due to improved skin benefits is offering a positive market outlook. In addition, the rising demand for gummy vitamins among the masses, as they prevent nutrient deficiencies and chronic diseases, is propelling the market growth. Apart from this, the wide availability of gummy vitamins through various distribution channels, such as online and offline stores, is offering a lucrative growth opportunity to industry investors. Furthermore, key players are introducing several gummy vitamins for vegans and diabetic individuals, which is strengthening the growth of the market.

Global Gummy Vitamins Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Bayer AG
Bettera Wellness LLC
Church & Dwight Co. Inc.
Hero Nutritionals
Ion Labs Inc. (DCC plc)
Nature’s Way Products LLC. (Dr. Willmar Schwabe GmbH & Co. KG)
Pfizer Inc.
Pharmavite (Otsuka Pharmaceutical Co. Ltd)
Santa Cruz Nutritionals
SmartyPants Vitamins (Unilever plc)
The Honest Company Inc.
Vitakem Nutraceutical Inc.

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The report has segmented the market on the basis on type, demographics and sales channel.

Breakup by Type:

Single Vitamin
Multi Vitamin
Prebiotics and Probiotics

Breakup by Demographics:

Children
Adult

Breakup by Sales Channel:

Supermarkets and Hypermarkets
Speciality Stores
Retail Pharmacies
Online Stores

Breakup by Region:

North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

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