Market Revenue Multivitamins Industry Analysis of Sales, Revenue | Page 2

The factors that are playing a key role in raising the share of the Multivitamins market may include
rapid industrialization, urbanization, constant innovations in formulations, product development,
rising research and development activities, augmentation in the demands among the customers,
burgeoning prerequisites, rising concerns among the masses regarding their health, developing
economies, rising disposable income, improved standard of living, changing lifestyles, and rise in the
investments by the leading manufactures.
Multivitamins Market is categorized by sales channel as Direct Sales, Grocery Retailers, Non-Grocery
Retailers, Retail, Home Shopping, E-commerce, and others. Multivitamins Market is segregated by
application as Cosmetics, Foods, Feed Additives, Pharmaceuticals, and others. Multivitamins Industry
is segmented by geography as North America, Europe, China, Japan, Southeast Asia, and India.
Geographically, Asia Pacific is estimated to grow at a momentous rate and it is accounting for the
largest share in the market, the reason being burgeoning demands for multivitamins among the
customers, developing countries, rise in the investments by the leading manufacturers, augmented
awareness regarding the usefulness of multivitamins, and rising needs to reduce the rate of vitamins
deficiency occurring among children as well as adolescents.
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In contrast, it has been noticed that the European and North American market is also emerging greatly
due to rising market growth opportunities in the Multivitamins market. The prominent players
contributing in the development of the industry may entail Cosway, Sdn. Bhd., GNC Holdings, Inc.,
Guangzhou By-Health Biological Engineering Co Ltd, Herbalife Ltd., Jeunesse Global, Merck KGaA, Dirk
Rossmann GmbH, Dr. Willmar Schwabe GmbH & Co. KG, Eisai Co., Ltd., Amway, Bayer AG, Blackmores
Ltd, ICA Biotechnological, Ildong Pharmaceuticals Co., Ltd., Boehringer Ingelheim GmbH, Abtei OP
Pharma GmbH, and Ching Hwa Biotechnology Co., Ltd.