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Sep 28, 2020 (MARKITWIRED via COMTEX) —
Increased importance being given to preventive healthcare is a prominent influencer aiding the growth of gummy vitamin consumption. However, disruptions in the food and beverage industry coupled with the temporary closure of production facilities during regional and nationwide lockdowns will impact producer and retailer inventories, which will have a negative impact on the gummy vitamins market throughout the pandemic.
The popularity of nutraceuticals as immune system strengtheners during the ongoing coronavirus pandemic will help to reduce losses arising from these disruptions. Global gummy vitamins market is forecasted to account for an absolute dollar opportunity of over US$ 2.5 Bn between 2020 and 2030.
“Gummy vitamins are consumed widely across age demographics, owing to easier swallowability in comparison to pharmaceutical pills. In addition, the rise in chronic diseases across North America