Gummy Supplements Market - Forecast(2024 - 2030)

Report Code: FBR 0580 Report Format: PDF + Excel

Gummy Supplements Market Overview:

The global gummy supplements market is projected to reach USD 48.5 billion by 2028, at a CAGR of 14.5% over the forecast period. The market is driven by the increasing demand for convenient and enjoyable ways to supplement diets, the growing awareness of the importance of preventive healthcare, and the rising prevalence of chronic diseases. 

The gummy supplements market is segmented by type, starch ingredient, distribution channel, end user, functionality, and region. By type, the market is segmented into vitamin gummies, omega fatty acid gummies, collagen gummies, CBD gummies, and others. Vitamin gummies are the largest segment of the market, accounting for a major share of the market in 2022. This is due to the increasing awareness of the importance of vitamins for overall health and well-being.

By starch ingredient, the market is segmented into supplements with starch and starchless systems. Supplements with starch are the largest segment of the market, accounting for a major share of the market in 2022. This is due to the lower cost of starch-based gummies.

By distribution channel, the market is segmented into offline and online channels. The online channel is the fastest-growing segment of the market, accounting for a major share of the market in 2022. This is due to the increasing penetration of e-commerce and the growing popularity of online shopping.

By end user, the market is segmented into adults and children. Adults are the largest segment of the market, accounting for a major share of the market in 2022. This is due to the increasing awareness of the importance of preventive healthcare among adults.

By functionality, the market is segmented into immune support, energy support, sleep support, and others. Immune support is the largest segment of the market, accounting for a major share of the market in 2022. This is due to the increasing prevalence of chronic diseases such as cancer and diabetes.

By region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the largest market for gummy supplements, accounting for a major share of the market in 2022. This is due to the high disposable incomes and the increasing awareness of the importance of preventive healthcare in North America.

Market Snapshot:

Gummy Supplements Market- Report Coverage:

The “Gummy Supplements Market Report - Forecast (2023-2028)” by IndustryARC, covers an in-depth analysis of the following segments in the Gummy Supplements Market.

Attribute

Segment

By type

  • Vitamin gummi

  • Omega fatty acid gummie

  •  Collagen gummies

  • CBD gummies

  • Others

By starch ingredient

  • Supplements with starch

  • Starchless systems


By distribution channel

  • Offline channels (hypermarkets/supermarkets, convenience stores, pharmacies/drug stores)

  • Online channels (e-commerce websites, direct-to-consumer)

 

By end user

  • Adults

  • Children

 

By functionality

  • Immune support

  • Energy support

  • Sleep support

  • Others



By Geography

  • North America (U.S., Canada and Mexico)

  • Europe (Germany, France, UK, Italy, Spain, Russia and the Rest of Europe),

  • Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and the Rest of Asia-Pacific),

  • South America (Brazil, Argentina, Chile, Colombia and the Rest of South America)

  • Rest of the World (Middle East and Africa).


Gummy Supplements Market - Top Trends

Increasing demand for convenient and enjoyable ways to supplement diets: Consumers are increasingly looking for convenient and enjoyable ways to supplement their diets. Gummy supplements offer a convenient and enjoyable way to get essential nutrients.

Growing awareness of the importance of preventive healthcare: Consumers are becoming more aware of the importance of preventive healthcare. Gummy supplements can help consumers improve their overall health and well-being.

Rising prevalence of chronic diseases: The rising prevalence of chronic diseases such as cancer, diabetes, and heart disease is driving the demand for gummy supplements. Gummy supplements can help consumers manage these chronic diseases.

Product innovation: Gummy supplement manufacturers are constantly innovating to develop new and improved products. This is leading to the introduction of new flavors, textures, and functional ingredients in gummy supplements.

Geographic expansion: Gummy supplement manufacturers are expanding their geographic reach to new markets. This is being driven by the increasing demand for gummy supplements in emerging markets such as Asia Pacific and Latin America.

Gummy Supplements Market - Company Analysis

Nature's Way: Nature's Way is a leading manufacturer of natural health products. The company offers a wide range of gummy supplements, including vitamin gummies, omega fatty acid gummies, and collagen gummies.

Vitafusion: Vitafusion is a subsidiary of Sunsweet Growers, a leading manufacturer of dried fruits. The company offers a wide range of gummy supplements, including vitamin gummies, energy gummies, and sleep gummies.

Rainbow Light: Rainbow Light is a leading manufacturer of dietary supplements. The company offers a wide range of gummy supplements, including vitamin gummies, mineral gummies, and probiotics gummies.

Smarty Pants: Smarty Pants is a leading manufacturer of gummy vitamins for children. The company offers a wide range of gummy vitamins, including multivitamins, multiminerals, and probiotics.

Sunsweet Growers: Sunsweet Growers is a leading manufacturer of dried fruits. The company also offers a line of gummy supplements, including vitamin gummies, fiber gummies, and melatonin gummies.

These companies are focusing on product innovation, mergers and acquisitions, and geographic expansion to gain a competitive edge in the market.

Key Market Players: 
The gummy supplements market is a competitive market, with a number of major players. Some of the key players in the market include:
  1. Nature's Way.
  2. Vitafusion.
  3. Rainbow Light 
  4. Smarty Pants
  5. Sunsweet Growers. 
  6. Church & Dwight
  7. Bayer AG.
  8. Amway.
  9. Nestle 
  10. Olly  

Scope of the Report: 

Report Metric

Details

Base Year Considered

2022

Forecast Period

2023–2028

CAGR

14.5%

Market Size in 2030

USD 48.5 billion

Segments Covered

By Type, starch ingredient, distribution channel, end user, functionality, region.



Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and the Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and the Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).



Key Market Players

1. Nature's Way.
2. Vitafusion.
3. Rainbow Light 
4. Smarty Pants
5. Sunsweet Growers. 
6. Church & Dwight
7. Bayer AG.
8. Amway.
9. Nestle 
10. Olly


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1. Gummy Supplements Market Overview
    1.1 Definitions and Scope
2. Gummy Supplements Market – Executive Summary
3. Gummy Supplements Market – Market Landscape
     3.1 Company Benchmarking – Key Companies
     3.2 Key Company Financial Analysis
     3.3 Market Share Analysis – Key Companies
     3.4 Patent Analysis
     3.5 Pricing Analysis (Comparison of General Price Offerings in the Market)
4. Gummy Supplements Market – Startup Company Scenario (Premium)
    4.1 Investment
    4.2 Revenue
    4.3 Venture Capital and Funding Scenario
5. Gummy Supplements Market – Market Entry Scenario Premium (Premium)
    5.1 Regulatory Scenario
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Gummy Supplements Market – Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porter’s Five Force Model
          6.3.1 Bargaining Power of Suppliers
          6.3.2 Bargaining Powers of Customers
          6.3.3 Threat of New Entrants
          6.3.4 Rivalry Among Existing Players
          6.3.5 Threat of Substitutes
7. Gummy Supplements Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle Analysis
8. Gummy Supplements Market – By Type (Market Size - $Million/$Billion)
    8.1 Vitamin gummies
          8.1.1 Market Trends by Region 
          8.1.2. Market Share & Forecast by Region
    8.2 Omega fatty acid gummies
          8.2.1 Market Trends by Region
          8.2.2 Market Share & Forecast by Region
    8.3 Collagen gummies
          8.3.1 Market Trends by Region
          8.3.2 Market Share & Forecast by Region
    8.4 CBD gummies
          8.4.1 Market Trends by Region
          8.4.2 Market Share & Forecast by Region
    8.5 Others
9. Gummy Supplements Market –by starch ingredient (Market Size - $Million/$Billion)
    9.1 Supplements with starch
          9.1.1 Market Share & Forecast by Region
          9.1.2 Market Share & Forecast by Region
    9.2 Starchless systems
         9.2.1 Market Trends by Region
         9.2.2 Market Share & Forecast by Region
10 Gummy Supplements Market – by distribution channel (Market Size - $Million/$Billion)
    10.1 Offline channels
           10.1.1 Market Trends by Region
           10.1.2 Market Share & Forecast by Region
     10.2 Online channels
            10.2.1 Market Trends by Region
            10.2.2 Market Share & Forecast by Region
11 Gummy Supplements Market – by functionality Type (Market Size - $Million/$Billion)
     11.1 Immune support
             11.1.1 Market Trends by Region
             11.1.2 Market Share & Forecast by Region
      11.2 Energy support
              11.2.1 Market Trends by Region
              11.2.2 Market Share & Forecast by Region
       11.3 Sleep support 
               11.3.1 Market Trends by Region
               11.3.2 Market Share & Forecast by Region
12 Gummy Supplements Market – by End user (Market Size - $Million/$Billion)
      12.1 Adults
             12.1.1 Market Trends by Region
              12.1.2 Market Share & Forecast by Region
       12.2 Children
               12.2.1 Market Trends by Region
                12.2.2 Market Share & Forecast by Region
13 Gummy Supplements Market – by Geography (Market Size - $Million/$Billion)
     13.1 North America
             13.1.1 U.S.
             13.1.2 Canada
             13.1.3 Mexico
      13.2 Europe
              13.2.1 Germany
               13.2.2 France
               13.2.3 U.K.
               13.2.4 Italy
               13.2.5 Spain
               13.2.6 Russia
               13.2.7 Rest of Europe
        13.3 Asia-Pacific
               13.3.1 China
               13.3.2 Japan
               13.3.3 South Korea
               13.3.4 India
               13.3.5 Australia & New Zealand
               13.3.6 Rest of Asia-Pacific
        13.4 South America
               13.4.1 Brazil
               13.4.2 Argentina
               13.4.3 Chile
                13.4.4 Colombia
                13.4.5 Rest of South America
         13.5  Rest of the World
                 13.5.1 Middle East
                 13.5.2 Africa
14 Gummy Supplements Market – Market Entropy
     14.1 New product launches
     14.2 M&A’s, collaborations, JVs and partnerships
15 Gummy Supplements Market – Industry Competition Landscape (Premium)
     15.1 Market Share Analysis
             15.1.1 Market Share by Technology – Key Companies
              15.1.2 Market Share by Country – Key Companies
              15.1.3 Market Share by Region – Key Companies
       15.2 Competition Matrix
       15.3 Best Practices for Companies
16 Gummy Supplements Market – Key Company List by Country Premium (Premium)
17 Gummy Supplements Market – Company Analysis
     17.1 Nature's Way.
     17.2 Vitafusion.
     17.3 Rainbow Light 
     17.4 Smarty Pants.
     17.5 Sunsweet Growers.
     17.6 Church & Dwight.
     17.7 Bayer AG. 
     17.8 Amway. 
     17.9 Nestle. 
      17.10 Olly.
   
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The Gummy Supplements Market is forecast to grow at 14.5%during the forecast period 2023-2028.

The Global Gummy Supplements Market size is estimated to be USD 21.40 billion in 2023 and is projected to reach USD 48.5 billion by 2028.

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