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Multivitamin and Mineral Supplements Market to Substantially Grow Backed by Improving Health Consciousness among Consumers Worldwide, Says Fortune Business Insights™

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Pune, India, May 17, 2021 (GLOBE NEWSWIRE) — The global multivitamin and mineral supplements market size is expected to spike because of the rising consumer demand for micronutrients. Fortune Business Insights™ shares this information in its report, titled “Multivitamin and Mineral Supplements Market, 2021-2028.”

The lack of vitamins in the diet of many people leads to health conditions related to vitamin deficiency, such as scurvy, rickets, and anemia. Vegans, people suffering from loss of appetite, and people consuming low-fat foods fulfill their vitamin requirements by consuming multivitamin and mineral supplements. In addition, patients suffering from health conditions such as osteoporosis and amnesia consume these supplements to improve their recovery rate.

As per the World Health Organization (WHO), upwards of 2 billion people globally suffer from deficiency-related diseases because of the lack of vitamins in their diet. Thus, with the increasing focus on health and nutrition, especially in developing and underdeveloped nations, the consumption of micronutrients such as minerals and vitamins and their supplements is likely to expand in the forthcoming years.

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https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/multivitamin-and-mineral-supplements-market-103835

Impact of COVID-19:

After the easing of lockdown restrictions in a few major economies, several industries have begun their activities at a rapid pace, even as the COVID-19 pandemic continues to ravage large numbers of people. The demand for healthy products and food supplements has surged attributable to the improving health consciousness among consumers. Hence, despite the COVID-19 pandemic, the production and manufacturing activities of health supplements are soaring and driving the multivitamin and mineral supplements market growth.

Segments:

Based on type, this market is segmented into multivitamin supplements and mineral supplements. On the basis of form, the market is divided into tablets, capsules & soft gels, powders, liquid, gummies, and others. It is geographically segregated into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Highlights of the Report:

The report supplies a comprehensive overview of the overall industry outlook and leading trends and also provides a microscopic study of the individual market segments and their influence on the market. Further, the report contains an in-depth assessment of the factors driving and restraining the market, along with a precise computation of market figures and values. Lastly, careful research into the regional developments and competitive environment of the market is also incorporated into the report.

Driving Factor:

Rising Health Concerns among Consumers to Boost the Demand for Vitamin Supplements

Several factors such as vitamin deficiency, poor immune system, and other health concerns are responsible for attracting consumer attention towards food supplements infused with multiple vitamins and minerals. Because of the hectic schedules and overconsumption of fast foods, people are suffering from diseases related to the deficiency of vitamins, as well as chronic conditions such as diabetes and obesity.

Brands are launching multivitamin drinks in various flavors to attract consumers. For example, in April 2021, Purdeys launched two multivitamin drinks in dark fruit and raspberry and rose flavors. In addition, such multivitamin and mineral supplements boost micronutrient consumption in the body, which is not available in a regular diet. The consumption of such supplements, coupled with a good diet, is expected to eliminate health problems and elevate demand.

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https://www.fortunebusinessinsights.com/enquiry/queries/multivitamin-and-mineral-supplements-market-103835

List of the Leading Companies Profiled in the Global Multivitamin and Mineral Supplements Market are:

  • Amway Corporation
  • Archer Daniels Midland Company
  • Bayer AG
  • Integrated Biopharma
  • BASF SE
  • Synthesia A.S.
  • Glanbia Nutritionals
  • Herbalife Nutrition
  • Abbott
  • Nestle S.A.

Regional Insights:

Government Investments on Nutrition & Health to Spur the Asia Pacific Market Growth

The Asia Pacific region is expected to dominate the multivitamin and mineral supplements market share on account of growing investments by governments in the region on public health and nutrition. For example, in India, the Central Government has been formulating schemes, such as the Anemia Mukt Bharat initiative, targeted towards enhancing the health of rural girls and women. Further, sales of the nutrient supplements are soaring in the region on account of the rising spending capacity, urbanization, and awareness about adopting healthy diet regimes.

In North America, the US is expected to influence market growth because of the rising consumer demand in the country for health supplements. The uptake of multivitamin and mineral supplements by the older population is escalating in the region, coupled with the rising preference for a healthy lifestyle.

Competitive Landscape:

Launch of Innovative Customizable Vitamin Supplements to Boost Companies’ Revenues

Companies are launching supplements for consumers suffering from specific health conditions. For example, in September 2019, The Vitamin Shoppe launched an innovative online evaluation named ‘Only Me’ to customize vitamin supplements for consumers with specific deficiencies. In addition, key players in the market have been devising strategies involving partnerships, product launches, mergers & acquisitions, and geographic expansions to establish a robust market position.

Browse Summary of this Research:

https://www.fortunebusinessinsights.com/multivitamin-and-mineral-supplements-market-103835

Key Industry Developments:

January 2020: Vitamin Shoppe expanded its product offerings by announcing a new private-label line of products without artificial flavors, sweetness, and coloring. In addition, its multivitamin and mineral supplements are natural and lack substances such as magnesium state, titanium dioxide, and stearic acid.

Have a Look at Related Research Insights:

Vitamin A Market Size, Share & Industry Analysis, By Type (Natural, Synthetic), By Application (Functional Foods & Beverages, Dietary Supplements, Animal Feed, Pharmaceuticals, Cosmetics & Personal Care) Others and Regional Forecast, 2021-2028

Vitamin B Market Size, Share & Industry Analysis, By Type (Vitamin B12, Vitamin B1, Vitamin B2, Vitamin B3, Others), By Application (Fortified Food & Beverages, Dietary Supplements, Pharmaceutical Industry, Animal Feed, Others (Personal Care Products, and Others)) And Regional Forecast 2021-2028

Vitamin D Market Size, Share & Industry Analysis, By Type (Vitamin D2, Vitamin D3), By Application (Fortified/Functional Food and Beverages, Pharmaceuticals, Animal Feed, Personal Care) and Regional Forecast, 2021-2028

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

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GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

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Elevate Your Virtual Reality Experience with KIWI design RGB Vertical Stand, Now Available on Meta’s Website

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LOS ANGELES, May 11, 2024 /PRNewswire/ — Top-tier VR accessories provider KIWI design has launched its latest product, the RGB Vertical Stand. This Meta-authorized accessory, designed to deepen users’ immersion in the metaverse, is now available on the official Meta website.

“KIWI design’s commitment to pushing the boundaries of virtual reality accessories takes another leap forward with the introduction of our new products,” said Ray,the CEO of KIWI design. “We are always dedicated to bringing innovative upgrades to VR device accessories, with the goal of enriching users’ virtual reality experiences.”
The newly launched RGB Vertical Stand features a user-friendly modular design with push-in assembly, making it easy to set up and use. It is compatible with Meta Quest 3, Quest 2, and Quest Pro, ensuring widespread usability. With a magnetic USB Type-C connector, it provides an effortless way to charge and display your headset. Users can also customize their display with 16 pre-set ambient multicolor RGB light options.
With VR technology constantly evolving, users are seeking more immersive experiences. As a leading manufacturer of VR accessories, KIWI design is committed to enhancing the user experience, through unique product designs. Since its establishment in 2015, KIWI design has acquired over 100 patents and has a diverse product lineup, including head straps, facial interfaces, VR stands, charging accessories, and controller grip covers.
KIWI design has also actively participated in the Made for Meta program, which is provided by Meta to strengthen its partnerships with leading brands to deliver accessories that enhance Meta products with more choice and a richer experience for everyone. KIWI design’s participation in this program validates its high-quality design standards.
The RGB Vertical Stand for Meta Quest 3, Quest 2, and Quest Pro and another specially designed authorized charging dock for the Meta  Oculus Quest 2 are now available for purchase on both KIWI design’s website and Amazon. For more information about our brand and products, please visit our website and follow KIWI design on Facebook, Instagram, X, YouTube and TikTok.
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WIO Taps Gracenote to Revolutionize Television Broadcast Reporting

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LOS ANGELES, May 11, 2024 /PRNewswire/ — WIO LLC, parent company of the global TV broadcast airings platform, WIOpro™, has announced a new strategic agreement with Gracenote, the global content data business unit of Nielsen, to address the longstanding challenge of accurately tracking and collecting music royalties generated by broadcast television and digital programming, With this agreement, WIO will integrate Gracenote TV program metadata and show airings into its WIOpro™ (“When’s It On – Professional”) platform enabling performance rights organizations, copyright management organizations and other entities to better monitor broadcast schedules and identify when royalties have been earned.

By integrating Gracenote historical program data into WIOpro’s new LookBack™ feature, WIO is enhancing its reporting capabilities and empowering Collection Societies, Rights Management Companies and the royalty-earning community to more easily monitor and export broadcast airings and better understand collections opportunities.
“At WIO, we are committed to empowering collection societies and copyright holders around the world with our platform tools and unprecedented access to the best and most accurate television broadcast and streaming data available,” said Shawn Pierce, Co-Founder and CEO of WIO LLC. “We have enjoyed an incredible relationship with Gracenote for 10 years. With the solidification of this agreement, we are able to deliver an unrivaled dataset to the royalty and residual community in a way that has not been offered before.” said Adam Shafron, Co-Founder and CTO of WIO LLC.
“WIO’s platform developed to solve the difficult matter of royalty tracking only becomes more powerful based on the integration of accurate, timely and comprehensive Gracenote metadata,” said Scott Monahan, Director, Strategic Partnerships, Gracenote. “We look forward to the combination of WIOpro’s technology and Gracenote’s program metadata delivering on the promise of transforming music royalty collection so that rights holders can be fairly compensated for use of their work.”
WIO and Gracenote will be at the MusicBiz 2024 conference in Nashville, TN May 13 – 16. Contact Dave Pelman, COO of WIO LLC at [email protected] for media queries or to book an appointment for a product demonstration.
About WIO:WIO is a technology company dedicated to providing broadcast television and digital programming data tailored specifically for the royalty and residual collection industry. Through its platform WIOpro (wiopro.com), users obtain access to real-time broadcast insights, reporting and curated data delivery.
About Gracenote:Gracenote is the content data business unit of Nielsen providing entertainment metadata, connected IDs and related offerings to the world’s leading creators, distributors and platforms. Gracenote enables advanced content navigation and discovery capabilities helping individuals easily connect to the TV shows, movies, music, podcasts and sports they love while delivering powerful content analytics making complex business decisions simpler.
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IDTechEx Explores Printed Electronics in Electrified and Autonomous Mobility

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BOSTON, May 10, 2024 /PRNewswire/ — Electrification, autonomy, and vehicle ownership saturation are causing a technological revolution in the automotive sector. These automotive meta-trends are driving drastic changes in electronic component requirements and present a high-volume opportunity for printed electronics to capitalize on.

Historically, printed electronics technologies have nurtured a close relationship with the automotive sector, with printed force sensors pioneering passenger safety through seat occupancy and seatbelt detection. As such, the automotive sector continues to represent the lion’s share of the global printed and flexible sensor market, which IDTechEx’s report on the topic evaluates as worth US$421M in 2024. However, if the automotive sector is to continue to be a reliable revenue stream, printed electronics technology providers must adapt to address the emerging technical challenges facing future mobility.
Augmenting autonomous vehicles with printed electronics
As vehicle autonomy levels advance, the increasing number and distribution of spatial mapping sensors required will need continuous performance improvements to ensure passenger safety. Emerging printed electronics technologies can augment these sensors, extending detection bandwidth and maximizing reliability during operation.
Transparent conductive films (TCFs) are being developed to heat and defog LiDAR sensor panels, ensuring the function is unperturbed by external environmental conditions. Properties such as high transparency and low haze are important for defogging. These properties can be easily tuned using the wide variety of material options available for TCFs, including carbon nanotubes and silver nanowires.
IDTechEx identifies printed heating as a leading application of transparent conductive films. This is attributed to diminishing growth prospects in capacitive touch sensing applications. Innovations in thin film coating techniques have enabled indium tin oxide (ITO) to dominate touch sensing applications, all but displacing TCFs completely.
Looking towards the future, printed electronics technologies could play a more active role in advanced autonomous driving. Emerging semiconductive materials, such as quantum dots, printed directly onto conventional silicon image sensor arrays can extend detection range and sensitivity deeper into the infrared region. Augmenting existing image sensor technology with enhanced spectral range could facilitate the competition of hybrid silicon sensors with established InGaAs detectors.
Printed sensors promise granularized battery health monitoring
Vehicle electrification is driving the sustained development and evolution of electronic management systems, particularly in the battery and electric drivetrain. A strong market pull exists for technologies that increase vehicle efficiency, range, and lifetime while reducing recharge times.
Printed pressure and temperature sensors measure battery cell swelling and thermal profiles, providing granularized physical data that can be used to optimize battery deployment and recharging. Moreover, hybrid printed sensors that combine integrated printed heating elements promise a solution to actively address battery temperature. IDTechEx estimates that printed sensor-enabled battery deployment and charging optimizations could be worth up to US$3000 in savings per vehicle.
There remains uncertainty about whether electrification trends will correspond to increased demand for physical sensors in electric vehicle batteries, owing to the utility of existing electronic readouts for managing deployment. Virtual sensors also pose a threat, where AI-enabled software models interpret data to predict and emulate physical sensor functions without the need for discreet components. However, emerging regulations regarding safety and sensor redundancy will likely favor measurable metrics and see automotive makers continue to adopt physical sensors. IDTechEx predicts that virtual sensors are unlikely to displace their physical counterparts – so long as low-cost sensors remain widely available.
Embedding printed electronics in the car of the future
IDTechEx predicts that global car sales will saturate over the next decade, with automakers increasingly looking for premium features and technical innovations to differentiate themselves from the competition. In-cabin technologies will be highly desirable – as the location where passengers reside and interact with the vehicle the most.
Lighting elements are emerging as a prominent differentiator, described as “the new chrome” by Volkswagen’s chief designer. The use of in-mold structural electronics (IMSE) enables the integration of embedded lighting elements using existing manufacturing processes. 3D electronics technologies are intrinsically attractive for automotive integration, as functional layers are conformable and lightweight while easily embedded within existing aesthetic elements.
Despite strong tailwinds, the adoption of in-mold electronics within automotive interiors has been sluggish. This is attributed to the challenges of meeting automotive qualification requirements, as well as stiff competition with less sophisticated alternatives such as applying functional films to thermoformed parts. Nevertheless, momentum is building, with technology providers like Tactotek partnering with Mercedes-Benz and Stallantis to progress the automotive validation of IMSE to TRL5.
Outlook for printed electronics in automotive applications
Just as printed force sensors heralded early passenger safety systems, printed electronics technology is poised to underpin next-generation innovations for the car of the future. But this time, the competition will be stiff. Critical cost requirements must be met, while desirable new functionality must address existing challenges faced by manufacturers. Printed electronics can play a role in supporting emerging electrified and autonomous mobility, such as augmenting LiDAR sensors or optimizing electric battery deployment. Demand for technologies that enhance passenger experience and vehicle aesthetics will continue to grow, and printed electronics can supply low-power, lightweight lighting solutions for these.
Sustained engagement from tier suppliers and manufacturers continues to make the automotive sector key to printed sensor market growth opportunities – a total market IDTechEx predicts will reach US$960M by 2034. Strong partnerships between material providers and printed electronics technology providers are complementary to those of the highly vertically integrated automotive value chains between tier suppliers and OEMs. Leveraging printing techniques to provide solutions that slot into existing manufacturing processes and designs will be crucial. In the medium term, the printed electronics technologies most likely to realize revenue potential are those that can adapt to service emerging challenges already known to the automotive industry.
For more information on IDTechEx’s research on this topic, please see their report, “Printed and Flexible Sensors 2024-2034: Technologies, Players, Markets”. Downloadable sample pages are available for this report.
For the full portfolio of printed and flexible electronics market research from IDTechEx, please visit www.IDTechEx.com/Research/PE.
About IDTechEx:
IDTechEx provides trusted independent research on emerging technologies and their markets. Since 1999, we have been helping our clients to understand new technologies, their supply chains, market requirements, opportunities and forecasts. For more information, contact [email protected] or visit www.IDTechEx.com. 
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