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  • Published In : Jul 2022
  • Code : CMI5103
  • Pages : 159
  • Formats :
      Excel and PDF
  • Industry : Food and Beverages
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Gummy vitamins are easier to swallow than other multivitamins. Many contain as much as 8 grams of sugar per serving, which is one-third of the recommended daily limit of sugar for adults and even lower for children. The gummy vitamins have a number of benefits over traditional vitamin tablets. These products are free from dairy, high fructose corn syrup, synthetic dyes, and artificial flavors. Due to the growing popularity of these products among consumers worldwide, companies are beginning to develop gummies with natural fruit flavors to meet the ever-changing consumer preferences.

Market Dynamics:

Growing consumer spending on preventive healthcare products coupled with the increasing demand for on-the-go dietary supplements are primarily fueling growth of the gummy supplements market. Moreover, increasing availability of gummies in different flavors is again fostering market growth. Furthermore, growing demand for natural gummies supplements due to increasing healthcare conscious consumers is further projected to uplift market growth. For instance, in 2020, Zhou Nutrition launched a range of gummy supplements. These bite-sized supplements consist of natural flavors, are easy to chew, and are available in six flavors and functions.

On the other hand, regulatory issues and growing ethical & safety concerns regarding usage of ingredients are key factors hindering growth of the market.

Key features of the study:

  • This report provides in-depth analysis of the global gummy supplements market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global gummy supplements market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include GlaxoSmithKline (GSK), Bayer AG, Amway Corporation, Church & Dwight Co. Inc., Nestle SA, Hero Nutritionals® LLC., Aesthetic Nutrition Pvt. Ltd (Power Gummies), Unilever PLC, and Jagzee Enterprises (Nutrazee)
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global gummy supplements market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global gummy supplements market

Detailed Segmentation:

  • Global Gummy Supplements Market, By Product Type:
    • Single Vitamin
    • Multi Vitamin
    • Probiotics
  • Global Gummy Supplements Market, By End User:
    • Children
    • Adults
  • Global Gummy Supplements Market, By Distribution Channel:
    • Hypermarket/Supermarket
    • Convenience Store
    • Pharmacies and Drug Stores
    • Online Channel
    • Other Distribution Channels
  • Global Gummy Supplements Market, By Geography:
    • North America
    • Europe
    • Asia-Pacific
    • South America
    • Middle East & Africa

Detailed Segmentation:

  • Global Gummy Supplements Market, By Product Type:
    • Single Vitamin
    • Multi Vitamin
    • Probiotics
  • Global Gummy Supplements Market, By End User:
    • Children
    • Adults
  • Global Gummy Supplements Market, By Distribution Channel:
    • Hypermarket/Supermarket
    • Convenience Store
    • Pharmacies and Drug Stores
    • Online Channel
    • Other Distribution Channels
  • Global Gummy Supplements Market, By Geography:
    • North America
    • Europe
    • Asia-Pacific
    • South America
    • Middle East & Africa

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