The vitamins category is expected to show further value growth over the forecast period, driven by Canadians continuing to prioritise health and wellbeing. Consumers are, though, likely to remain mindful in their spending choices, continuing to seek out value, at least in the early part of the forecast period.
E-commerce is expected to grow over the forecast period as consumers gravitate towards the ease and convenience of online shopping and retailers and brands continue to invest in e-commerce capabilities. For example, Walmart Canada offers One A Day Women's Multivitamin Gummies - Daily Gummy Vitamins for Women with Vitamins A, C, D and Zinc with multiple delivery options including one day delivery and store pick-up in selected areas, as well as a subscription option for savings on repeated purchases.
Health Canada enacted new labelling regulations for Natural Health Products (NHPs) in mid-2022, which impact herbal/traditional products sold in Canada. This covers vitamins and will affect the budgets and spend of manufacturers and, therefore pricing.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Vitamins industry in Canada with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Vitamins industry in Canada, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Vitamins
This report originates from Passport, our Vitamins research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!