The gummy supplements market is projected to reach US$ 16,510.39 million by 2028 from US$ 9,467.04 million in 2021. It is expected to grow at a CAGR of 8.3% during 2021-2028.
Gummies are one of the fastest-growing trends in dietary supplements, and their growth is attracting new entrants. Contract manufacturers for gummy supplements are now receiving orders for products that move beyond conventional nutritional ingredients, such as minerals and vitamins. The change in ingredients is prompting continual innovation in gummy processes and formulas. Manufacturers are working on organic and non-GMO claims, reducing artificial ingredients, animal ingredients, and sugar in gummy supplements. The gummy supplements market has key players constantly working on product innovation that require niche expertise, production capacity, and suitable equipment. The increasing differentiated product offerings in gummy format are expected to fuel market growth over the forecast period.
Based on type, the gummy supplements market is segmented into digestive health, heart health, immune health, stress management, brain health, skin health, healthy aging, sports nutrition, weight loss, multivitamins, single vitamins, probiotics, men's health, women's health, others. The multivitamins segment accounted for the largest share, whereas the market for the stress management segment is expected to grow at the highest rate during the forecast period.
Multivitamin supplements may contribute to being an essential part of the daily intake of individuals who cannot maintain a regular dosage of micronutrients through food. This is especially relevant in children as 45% of deaths among children under 5 years are linked to undernutrition, as per the data published by the WHO. The growing consumer awareness regarding the undernutrition of micronutrients is contributing significantly to the demand for multivitamins.
Moreover, most multivitamin supplements are packed with various vitamins and other essential nutrients that fulfill proper daily dietary nutrition requirements. Thus, multivitamins are preferred as they provide overall nutrition in a single product. Multivitamins supplements are available in the gummy format, making them easy to consume on a daily basis.By region, the gummy supplements market is segmented into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and South & Central America (SAM). In 2020, North America held the market's largest share, and Asia Pacific (APAC) is estimated to register the highest CAGR in the market during the forecast period. APAC comprises several countries, such as Australia, China, India, Japan, South Korea, and the Rest of APAC. In this region, the growing awareness about gummy supplements and increasing health consciousness among people are the major drivers for the gummy supplements market. Due to the various health benefits of gummy supplements, such as the assistance in enhancing the intake of essential nutritional components in the human body, a rising demand for these nutritional aids among the populace has been observed.
Bayer AG; Church & Dwight, Inc.; Pharmavite LLC; Herbaland Naturals Inc.; Jarrow Formulas, Inc.; Life Science Nutritionals; Nature's Bounty; Nature's Way Products LLC; The Clorox Company; and Zanon Vitamec are the players operating in the gummy supplements market. These companies provide a wide range of product portfolios for the market. The companies have their presence in the developing regions, which provides lucrative opportunities for the gummy supplements market growth. The market players are developing high-quality and innovative products to meet customers' requirements.The overall gummy supplements market size has been derived using both primary and secondary source. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights into the topic. Participants in this process include industry experts, such as VPs, business development managers, market intelligence managers, national sales managers, and external consultants, such as valuation experts, research analysts, and key opinion leaders, specializing in the gummy supplements market.
Gummies are one of the fastest-growing trends in dietary supplements, and their growth is attracting new entrants. Contract manufacturers for gummy supplements are now receiving orders for products that move beyond conventional nutritional ingredients, such as minerals and vitamins. The change in ingredients is prompting continual innovation in gummy processes and formulas. Manufacturers are working on organic and non-GMO claims, reducing artificial ingredients, animal ingredients, and sugar in gummy supplements. The gummy supplements market has key players constantly working on product innovation that require niche expertise, production capacity, and suitable equipment. The increasing differentiated product offerings in gummy format are expected to fuel market growth over the forecast period.
Based on type, the gummy supplements market is segmented into digestive health, heart health, immune health, stress management, brain health, skin health, healthy aging, sports nutrition, weight loss, multivitamins, single vitamins, probiotics, men's health, women's health, others. The multivitamins segment accounted for the largest share, whereas the market for the stress management segment is expected to grow at the highest rate during the forecast period.
Multivitamin supplements may contribute to being an essential part of the daily intake of individuals who cannot maintain a regular dosage of micronutrients through food. This is especially relevant in children as 45% of deaths among children under 5 years are linked to undernutrition, as per the data published by the WHO. The growing consumer awareness regarding the undernutrition of micronutrients is contributing significantly to the demand for multivitamins.
Moreover, most multivitamin supplements are packed with various vitamins and other essential nutrients that fulfill proper daily dietary nutrition requirements. Thus, multivitamins are preferred as they provide overall nutrition in a single product. Multivitamins supplements are available in the gummy format, making them easy to consume on a daily basis.By region, the gummy supplements market is segmented into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and South & Central America (SAM). In 2020, North America held the market's largest share, and Asia Pacific (APAC) is estimated to register the highest CAGR in the market during the forecast period. APAC comprises several countries, such as Australia, China, India, Japan, South Korea, and the Rest of APAC. In this region, the growing awareness about gummy supplements and increasing health consciousness among people are the major drivers for the gummy supplements market. Due to the various health benefits of gummy supplements, such as the assistance in enhancing the intake of essential nutritional components in the human body, a rising demand for these nutritional aids among the populace has been observed.
Bayer AG; Church & Dwight, Inc.; Pharmavite LLC; Herbaland Naturals Inc.; Jarrow Formulas, Inc.; Life Science Nutritionals; Nature's Bounty; Nature's Way Products LLC; The Clorox Company; and Zanon Vitamec are the players operating in the gummy supplements market. These companies provide a wide range of product portfolios for the market. The companies have their presence in the developing regions, which provides lucrative opportunities for the gummy supplements market growth. The market players are developing high-quality and innovative products to meet customers' requirements.The overall gummy supplements market size has been derived using both primary and secondary source. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights into the topic. Participants in this process include industry experts, such as VPs, business development managers, market intelligence managers, national sales managers, and external consultants, such as valuation experts, research analysts, and key opinion leaders, specializing in the gummy supplements market.
Table of Contents
1. Introduction1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
3.2.8 Limitations and Assumptions:
4. Global Gummy Supplements Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants:
4.2.2 Bargaining Power of Buyers:
4.2.3 Bargaining Power of Suppliers:
4.2.4 Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Expert Opinion
5. Global Gummy Supplements Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Consumer Preference for Preventive Health
5.1.2 Rising Popularity of Supplements in Gummy Form Among Adults
5.2 Market Restraint
5.2.1 Side Effects Associated with Over Consumption
5.3 Market Opportunities
5.3.1 Product Innovations
5.4 Future Trends
5.4.1 Surge in Demand for Plant-Based Supplements
5.4.2 Influence of Social Media
5.5 Impact Analysis of Drivers and Restraints
6. Gummy Supplements - Global Market Analysis
6.1 Gummy Supplements Market Overview
6.2 Gummy Supplements Market - Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning
7. Global Gummy Supplements Market Analysis - By Type
7.1 Overview
7.2 Gummy Supplements Market, By Type (2020 and 2028)
7.3 Digestive Health
7.3.1 Overview
7.3.2 Digestive Health: Gummy Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Immune Health
7.4.1 Overview
7.4.2 Immune Health: Gummy Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Brain Health
7.5.1 Overview
7.5.2 Brain Health: Gummy Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Skin Health
7.6.1 Overview
7.6.2 Skin Health: Gummy Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.7 Multivitamins
7.7.1 Overview
7.7.2 Multivitamins: Gummy Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.8 Single Vitamin
7.8.1 Overview
7.8.2 Single Vitamin: Gummy Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.9 Others
7.9.1 Overview
7.9.2 Others: Gummy Supplements Market - Revenue and Forecast to 2028 (US$ Million)
8. Gummy Supplements Market Analysis - By End User
8.1 Overview
8.2 Gummy Supplements Market, By End User (2020 and 2028)
8.3 Adults
8.3.1 Overview
8.3.2 Adults: Gummy Supplements Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Kids
8.4.1 Overview
8.4.2 Kids: Gummy Supplements Market - Revenue and Forecast to 2028 (US$ Million)
9. Gummy Supplements Market Analysis - By Distribution Channel
9.1 Overview
9.2 Gummy Supplements Market, By Distribution Channel (2020 and 2028)
9.3 Supermarkets & Hypermarkets
9.3.1 Overview
9.3.2 Supermarkets & Hypermarkets: Gummy Supplements Market- Revenue and Forecast to 2028 (US$ Million)
9.4 Specialty Stores
9.4.1 Overview
9.4.2 Specialty Stores: Gummy Supplements Market- Revenue and Forecast to 2028 (US$ Million)
9.5 Online Retail
9.5.1 Overview
9.5.2 Online Retail: Gummy Supplements Market- Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Gummy Supplements Market- Revenue and Forecast to 2028 (US$ Million)
10. Gummy Supplements Market - Geographic Analysis
10.1 Overview
10.2 North America Gummy Supplements Market Revenue and Forecasts to 2028
10.2.1 North America Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.2.2 North America Gummy Supplements Market Breakdown by Type
10.2.3 North America Gummy Supplements Market Breakdown by End User
10.2.4 North America Gummy Supplements Market Breakdown by Distribution Channel
10.2.5 North America Gummy Supplements Market Breakdown, by Key Countries
10.2.5.1 US Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.2.5.1.1 US Gummy Supplements Market Breakdown by Type
10.2.5.1.2 US Gummy Supplements Market Breakdown by End User
10.2.5.1.3 US Gummy Supplements Market Breakdown by Distribution Channel
10.2.5.2 Canada Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.2.5.2.1 Canada Gummy Supplements Market Breakdown by Type
10.2.5.2.2 Canada Gummy Supplements Market Breakdown by End User
10.2.5.2.3 Canada Gummy Supplements Market Breakdown by Distribution Channel
10.2.5.3 Mexico Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.2.5.3.1 Mexico Gummy Supplements Market Breakdown by Type
10.2.5.3.2 Mexico Gummy Supplements Market Breakdown by End User
10.2.5.3.3 Mexico Gummy Supplements Market Breakdown by Distribution Channel
10.3 Europe Gummy Supplements Market Revenue and Forecasts to 2028
10.3.1 Europe Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.3.2 Europe Gummy Supplements Market Breakdown by Type
10.3.3 Europe Gummy Supplements Market Breakdown by End User
10.3.4 Europe Gummy Supplements Market Breakdown by Distribution Channel
10.3.5 Europe Gummy Supplements Market Breakdown, by Key Countries
10.3.5.1 Germany Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.3.5.1.1 Germany Gummy Supplements Market Breakdown by Type
10.3.5.1.2 Germany Gummy Supplements Market Breakdown by End User
10.3.5.1.3 Germany Gummy Supplements Market Breakdown by Distribution Channel
10.3.5.2 UK Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.3.5.2.1 UK Gummy Supplements Market Breakdown by Type
10.3.5.2.2 UK Gummy Supplements Market Breakdown by End User
10.3.5.2.3 UK Gummy Supplements Market Breakdown by Distribution Channel
10.3.5.3 France Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.3.5.3.1 France Gummy Supplements Market Breakdown by Type
10.3.5.3.2 France Gummy Supplements Market Breakdown by End User
10.3.5.3.3 France Gummy Supplements Market Breakdown by Distribution Channel
10.3.5.4 Italy Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.3.5.4.1 Italy Gummy Supplements Market Breakdown by Type
10.3.5.4.2 Italy Gummy Supplements Market Breakdown by End User
10.3.5.4.3 Italy Gummy Supplements Market Breakdown by Distribution Channel
10.3.5.5 Spain Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.3.5.5.1 Spain Gummy Supplements Market Breakdown by Type
10.3.5.5.2 Spain Gummy Supplements Market Breakdown by End User
10.3.5.5.3 Spain Gummy Supplements Market Breakdown by Distribution Channel
10.3.5.6 Rest of Europe Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe Gummy Supplements Market Breakdown by Type
10.3.5.6.2 Rest of Europe Gummy Supplements Market Breakdown by End User
10.3.5.6.3 Rest of Europe Gummy Supplements Market Breakdown by Distribution Channel
10.4 Asia Pacific Gummy Supplements Market Revenue and Forecasts to 2028
10.4.1 Asia Pacific Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.4.2 Asia Pacific Gummy Supplements Market Breakdown by Type
10.4.3 Asia Pacific Gummy Supplements Market Breakdown by End User
10.4.4 Asia Pacific Gummy Supplements Market Breakdown by Distribution Channel
10.4.5 Asia Pacific Gummy Supplements Market Breakdown, by Key Countries
10.4.5.1 China Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.4.5.1.1 China Gummy Supplements Market Breakdown by Type
10.4.5.1.2 China Gummy Supplements Market Breakdown by End User
10.4.5.1.3 China Gummy Supplements Market Breakdown by Distribution Channel
10.4.5.2 Japan Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.4.5.2.1 Japan Gummy Supplements Market Breakdown by Type
10.4.5.2.2 Japan Gummy Supplements Market Breakdown by End User
10.4.5.2.3 Japan Gummy Supplements Market Breakdown by Distribution Channel
10.4.5.3 India Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.4.5.3.1 India Gummy Supplements Market Breakdown by Type
10.4.5.3.2 India Gummy Supplements Market Breakdown by End User
10.4.5.3.3 India Gummy Supplements Market Breakdown by Distribution Channel
10.4.5.4 Australia Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.4.5.4.1 Australia Gummy Supplements Market Breakdown by Type
10.4.5.4.2 Australia Gummy Supplements Market Breakdown by End User
10.4.5.4.3 Australia Gummy Supplements Market Breakdown by Distribution Channel
10.4.5.5 South Korea Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.4.5.5.1 South Korea Gummy Supplements Market Breakdown by Type
10.4.5.5.2 South Korea Gummy Supplements Market Breakdown by End User
10.4.5.5.3 South Korea Gummy Supplements Market Breakdown by Distribution Channel
10.4.5.6 Rest of Asia Pacific Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.4.5.6.1 Rest of Asia Pacific Gummy Supplements Market Breakdown by Type
10.4.5.6.2 Rest of Asia Pacific Gummy Supplements Market Breakdown by End User
10.4.5.6.3 Rest of Asia Pacific Gummy Supplements Market Breakdown by Distribution Channel
10.5 Middle East & Africa Gummy Supplements Market Revenue and Forecasts to 2028
10.5.1 Middle East & Africa Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.5.2 Middle East & Africa Gummy Supplements Market Breakdown by Type
10.5.3 Middle East & Africa Gummy Supplements Market Breakdown by End User
10.5.4 Middle East & Africa Gummy Supplements Market Breakdown by Distribution Channel
10.5.5 Middle East & Africa Gummy Supplements Market Breakdown, by Key Countries
10.5.5.1 South Africa Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.5.5.1.1 South Africa Gummy Supplements Market Breakdown by Type
10.5.5.1.2 South Africa Gummy Supplements Market Breakdown by End User
10.5.5.1.3 South Africa Gummy Supplements Market Breakdown by Distribution Channel
10.5.5.2 Saudi Arabia Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.5.5.2.1 Saudi Arabia Gummy Supplements Market Breakdown by Type
10.5.5.2.2 Saudi Arabia Gummy Supplements Market Breakdown by End User
10.5.5.2.3 Saudi Arabia Gummy Supplements Market Breakdown by Distribution Channel
10.5.5.3 UAE Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.5.5.3.1 UAE Gummy Supplements Market Breakdown by Type
10.5.5.3.2 UAE Gummy Supplements Market Breakdown by End User
10.5.5.3.3 UAE Gummy Supplements Market Breakdown by Distribution Channel
10.5.5.4 Rest of Middle East & Africa Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.5.5.4.1 Rest of Middle East & Africa Gummy Supplements Market Breakdown by Type
10.5.5.4.2 Rest of Middle East & Africa Gummy Supplements Market Breakdown by End User
10.5.5.4.3 Rest of Middle East & Africa Gummy Supplements Market Breakdown by Distribution Channel
10.6 South & Central America Gummy Supplements Market Revenue and Forecasts to 2028
10.6.1 South & Central America Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.6.3 South & Central America Gummy Supplements Market Breakdown by Type
10.6.4 South & Central America Gummy Supplements Market Breakdown by End User
10.6.5 South & Central America Gummy Supplements Market Breakdown by Distribution Channel
10.6.6 South & Central America Gummy Supplements Market Breakdown, by Key Countries
10.6.6.1 Brazil Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.6.6.1.1 Brazil Gummy Supplements Market Breakdown by Type
10.6.6.1.2 Brazil Gummy Supplements Market Breakdown by End-User
10.6.6.1.3 Brazil Gummy Supplements Market Breakdown by Distribution Channel
10.6.6.2 Argentina Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.6.6.2.1 Argentina Gummy Supplements Market Breakdown by Type
10.6.6.2.2 Argentina Gummy Supplements Market Breakdown by End User
10.6.6.2.3 Argentina Gummy Supplements Market Breakdown by Distribution Channel
10.6.6.3 Rest of South & Central America Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
10.6.6.3.1 Rest of South & Central America Gummy Supplements Market Breakdown by Type
10.6.6.3.2 Rest of South & Central America Gummy Supplements Market Breakdown by End User
10.6.6.3.3 Rest of South & Central America Gummy Supplements Market Breakdown by Distribution Channel
11. Impact of COVID-19 Pandemic on Global Gummy Supplements Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
11.2 Europe: Impact Assessment of COVID-19 Pandemic
11.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11.4 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
11.5 South and Central America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition
13. Company Profiles
13.1 Bayer AG
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Church & Dwight, Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Pharmavite LLC
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Herbaland Naturals Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Jarrow Formulas, Inc
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Life Science Nutritionals
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Nature's Bounty
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Nature's Way Products, LLC
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 The Clorox Company
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Zanon Vitamec
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About the Publisher
14.2 Word Index
\
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Bayer AG
- Church & Dwight, Inc.
- Pharmavite LLC
- Herbaland Naturals Inc.
- Jarrow Formula, Inc.
- Life Science Nutritionals
- Nature’s Bounty
- Nature’s Way Products LLC
- The Clorox Company
- Zanon Vitamec
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 198 |
| Published | May 2022 |
| Forecast Period | 2021 - 2028 |
| Estimated Market Value ( $ | $ 9467.04 million |
| Forecasted Market Value ( $ | $ 16510.39 million |
| Compound Annual Growth Rate | 8.3% |
| Regions Covered | Global |
