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Global Gummy Vitamins Market 2030 by Product Type, Source, Packaging Type, End-user, Distribution Channel, and Region - Partner & Customer Ecosystem Competitive Index & Regional Footprints

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    Report

  • 180 Pages
  • August 2023
  • Region: Global
  • MarketDigits
  • ID: 5923597
The Gummy Vitamins Market size is estimated to grow from USD 24.4 Billion in 2022 to reach USD 73.51 Billion by 2030, growing at a CAGR of 14.78% during the forecast period from 2023 to 2030.

Major players in Gummy Vitamins Market include Bettera Brands LLC (US), Life Science Nutritionals (Canada), Church & Dwight Co. Inc. (US), Softigel (US), The Clorox Company (US), Zanon Vitamec Inc. (US), Olly Public Benefit Corporation (US), Hero Nutritionals, LLC (US), SmartyPants Inc. (US), Nature's Way Products, LLC (US), Herbaland Naturals Inc. (Canada), The Nature's Bounty Co. (US), Nutra Solutions (US), Makers Nutrition, LLC (US), IM Healthcare (India), Vitakem Nutraceutical Inc. (US), Emest Jackson (UK), x'Bayer Group (Germany), Santa Cruz Nutritionals Inc. (US)., and Boscogen, Inc. (US)

Rising Prevalence of Vitamin Deficiency

The rising prevalence of vitamin insufficiency has increased the demand for gummy vitamins as a convenient and pleasurable way to fill nutritional gaps. Vitamin deficiency is a global health issue that affects millions of individuals of all ages. Poor eating habits, restricted diets, and certain health conditions all contribute to an insufficient intake of important vitamins and minerals, resulting in a variety of health problems. The shift in dietary habits toward processed and fast foods is one of the key reasons for the increased prevalence of vitamin insufficiency. Modern lives frequently favor convenience above nutrition, resulting in insufficient consumption of fruits, vegetables, and other nutrient-rich meals. As a result, key vitamins such as vitamins C, D, and B vitamins are frequently deficient in the diet, contributing to vitamin shortages. In addition, restrictive diets, such as vegetarian or vegan diets, may lack essential vitamins and minerals present in animal-based foods. For instance, vitamin B12 is predominantly found in animal products and is necessary for the synthesis of red blood cells and neurological function. Following a plant-based diet may make it difficult for people to achieve their B12 needs, which increases their risk of developing a deficit.

Additionally, Increased awareness of and a proactive attitude toward preventive healthcare are other factors contributing to the rising prevalence of vitamin insufficiency. Through correct nutrition and supplementation, more people are looking for ways to keep their health at its best and avoid future problems. Gummy vitamins are a tempting alternative for people seeking a convenient and pleasurable way to boost their health. Gummy vitamins are becoming more and more common as a result of how convenient they are. It can be difficult for certain people, especially youngsters and the elderly, to take traditional vitamin supplements since they frequently come in huge, difficult-to-swallow capsules. For people who have trouble taking traditional supplements, gummy vitamins offer a convenient alternative thanks to their chewable structure and tasty flavors.

In conclusion, Gummy vitamins have become a popular option since they provide critical nutrients in a chewable and tasty format. Because of their convenience, appealing taste, and customized formulations, they are an enticing option for filling nutritional deficiencies and enhancing general health. Therefore the gummy vitamins market is likely to expand and diversify to meet the changing needs of consumers in their pursuit of maximum health and wellness.

Surge in Geriatric Population

The growing elderly population has had a substantial impact on the gummy vitamin business, as older persons seek more easy and tasty solutions to meet their nutritional demands. The ease of intake is one of the key elements fuelling the demand for gummy vitamins among the older population. Individuals may have difficulty swallowing regular pills or capsules as they age, making gummy vitamins an enticing alternative. Gummy vitamins' soft and chewable texture makes it easier and more fun for older individuals to take their regular doses without discomfort or difficulty.

Additionally, older persons may have unique nutritional requirements that are not entirely addressed by their typical diet. Factors such as decreased appetite, changes in metabolism, and lower vitamin absorption can all contribute to nutrient shortages as people age. Gummy vitamins, which are supplemented with key vitamins and minerals, are a handy way for this age group to support general health and well-being. Also, Geriatric patients confront additional health concerns, such as bone health, joint health, and immune system support. Gummy vitamins with components including calcium, vitamin D, glucosamine, and antioxidants have grown in favor among older persons looking for focused nutritional support.

In conclusion, the ease of use of gummy vitamins, targeted formulations, and the promotion of preventative healthcare all contribute to their growing popularity among the older population. Manufacturers are responded to this trend by creating gummy vitamins that address the nutritional needs and health concerns of seniors. Gummy vitamins are projected to remain a favorite supplement option as the geriatric population grows, leading to healthier and more active aging in this demographic.

Regional Insight

Gummy vitamin sales have increased significantly in the Asia Pacific region in recent years, owing to factors like rising health consciousness, rising disposable incomes, and increased understanding of preventive healthcare. Gummy vitamins provide customers with a quick and pleasurable approach to achieving their nutritional needs, and their appeal has grown across all age groups, including children and adults. One of the primary drivers of the Asia Pacific gummy vitamins market is the region's growing health consciousness. As consumers become more aware of their general health, there is an increasing emphasis on living a healthy life and preventing health problems through a good diet. Gummy vitamins are regarded as a handy and effective supplement for bridging nutritional gaps and providing nutritional support.

Furthermore, disposable income in the Asia Pacific area has increased, allowing customers to indulge in luxury health items such as gummy vitamins. As the region's economy grows and urbanizes, there is a greater emphasis on improving quality of life, which leads to increased spending on health and wellness items. Gummy vitamins' appeal has also been boosted by the region's diverse and shifting dietary patterns. Traditional diets may not always contain appropriate amounts of critical vitamins and minerals, resulting in nutrient deficiencies.

Japan is one of Asia Pacific's major markets for gummy vitamins. The country has a big aging population, and there is a heavy emphasis on keeping people healthy and happy as they age. Gummy vitamins are especially popular among the elderly, who may have difficulties swallowing regular pills and capsules. Furthermore, preventative healthcare is a popular trend in Japan, with customers seeking nutritional supplements to improve their general health. China has established itself as a major player in the gummy vitamin sector. With a large population and a growing middle class, there is a growing need for health and wellness items such as gummy vitamins. Rapid urbanization and changing lifestyles have influenced dietary changes, sparking interest in dietary supplements to fill nutritional deficiencies.

In Conclusion, Gummy vitamins provide customers with a fun and simple method to complement their diets and fill nutritional gaps. The demand for gummy vitamins is anticipated to rise further as the area continues to place a high priority on health and well-being. Gummy vitamins are projected to continue to be a popular option for customers looking for a quick and delectable way to support their health and wellness as industry participants continue to develop and adapt to regional tastes.

The Gummy Vitamins Market research report provides an in-depth overview of the industry including market segmentation by Product Type, Source, Packaging Type, End User, Distribution Channel, and Region. Analysis of the global market with a special focus on high-growth applications in each vertical and fast-growing market segment. It includes a detailed competitive landscape with identification of the key players concerning each type of market, in-depth market share analysis with individual revenue, market shares, and top players’ rankings. Impact analysis of the market dynamics with factors currently driving and restraining the growth of the market, along with their impact in the short, medium, and long-term landscapes. Competitive intelligence from the company profiles, key player strategies, and game-changing developments such as new product launches, collaborations, expansions, investment analysis, mergers, and acquisitions. The market analysis focuses on revenue and forecast by region/countries and by application in terms of revenue forecast for the period 2023-2030.

The report further studies the market strategies of key players, recent development status, plans, and Gummy Vitamins Market trends across the world. Also, it splits the market segmentation further to deep dive into research and reveals company profile and prospects.

Major Classifications are as follows:

By Product Type

  • Single Vitamin Gummies
  • Biotin
  • Omega & DHA
  • Vitamin C
  • CoQ10
  • Vitamin D
  • Melatonin
  • High Fiber Formulas
  • Multivitamin Gummies
  • Probiotic Vitamin Gummies
  • Bacillus Coagulans
  • Lactobacillus
  • Bacillus subtilis
  • Others

By Source

  • Plant
  • Animal

By Packaging Type

  • Bottles & Jars
  • Pouches

By End User

  • Adult
  • Children

By Distribution Channel

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Pharmacies/Drug Stores
  • Online Retail Stores
  • Others

By Region

  • North America
  • US
  • Canada
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia Pacific
  • Rest of the World
  • Middle East
  • UAE
  • Saudi Arabia
  • Israel
  • Rest of the Middle East
  • Africa
  • South Africa
  • Rest of the Middle East & Africa

Reason to Purchase this Gummy Vitamins Market Report:

  • Determine prospective investment areas based on a detailed trend analysis of the global Gummy Vitamins Market over the next years.
  • Gain an in-depth understanding of the underlying factors driving demand for different Gummy Vitamins Market segments in the top spending countries across the world and identify the opportunities each offers.
  • Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
  • Identify the major channels that are driving the global Gummy Vitamins Market, providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.
  • Channelize resources by focusing on the ongoing programs that are being undertaken by the different countries within the global Gummy Vitamins Market.
  • Make correct business decisions based on a thorough analysis of the total competitive landscape of the sector with detailed profiles of the top Gummy Vitamins Market providers worldwide, including information about their products, alliances, recent contract wins, and financial analysis wherever available.


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Table of Contents

Executive Summary
  • Introduction
Key Takeaways
  • Report Description
  • Market Scope & Definition
  • Stakeholders
Research Methodology
  • Market size
  • Key data points from primary sources
  • Key data points from secondary sources
  • List of primary sources
  • List of secondary sources
Market Overview
  • Introduction
  • Industry Segmentation
  • Market Trends Analysis
  • Major Funding & Investments
Market Dynamics
  • Drivers
  • Restraints
  • Opportunities
  • Value Chain Analysis
  • Pricing Analysis
  • Pricing Analysis, By Products
  • Average Pricing Benchmark Analysis
Gummy Vitamins Market, By Product Type
  • Single Vitamin Gummies
  • Biotin
  • Omega & DHA
  • Vitamin C
  • CoQ10
  • Vitamin D
  • Melatonin
  • High Fiber Formulas
  • Multivitamin Gummies
  • Probiotic Vitamin Gummies
  • Bacillus Coagulans
  • Lactobacillus
  • Bacillus subtilis
  • Others
Gummy Vitamins Market, By Source
  • Plant
  • Animal
Gummy Vitamins Market, By Packaging Type
  • Bottles & Jars
  • Pouches
Gummy Vitamins Market, By End User
  • Adult
  • Children
Gummy Vitamins Market, By Distribution Channel
  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Pharmacies/Drug Stores
  • Online Retail Stores
  • Others
Gummy Vitamins Market, By Geography
  • Gummy Vitamins Market, North America
  • U.S.
  • Canada
  • Gummy Vitamins Market, Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
  • Gummy Vitamins Market, Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
  • Gummy Vitamins Market, Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia Pacific
  • Gummy Vitamins Market, Rest of the world
  • Middle East
  • UAE
  • Saudi Arabia
  • Israel
  • Africa
  • South Africa
  • Rest of Africa
Competitive Analysis
  • Introduction
  • Top Companies Ranking
  • Competitive Landscape
  • Competition Dashboard
  • Market Analysis (2022)
  • Emerging company case studies
Company Profiles
  • Bettera Brands LLC (US)
  • Business Overview
  • Product Portfolio
  • Market Segments (Business Segment/Region)
  • Sales Footprint
  • Recent Developments
  • New Product Launch
  • Mergers & Acquisitions
  • Collaborations, Partnerships & Agreements
  • Rewards & Recognition
  • Life Science Nutritionals (Canada)
  • Business Overview
  • Product Portfolio
  • Market Segments (Business Segment/Region)
  • Sales Footprint
  • Recent Developments
  • New Product Launch
  • Mergers & Acquisitions
  • Collaborations, Partnerships & Agreements
  • Rewards & Recognition
  • Church & Dwight Co. Inc. (US)
  • Business Overview
  • Product Portfolio
  • Market Segments (Business Segment/Region)
  • Sales Footprint
  • Recent Developments
  • New Product Launch
  • Mergers & Acquisitions
  • Collaborations, Partnerships & Agreements
  • Rewards & Recognition
  • Softigel (US)
  • Business Overview
  • Product Portfolio
  • Market Segments (Business Segment/Region)
  • Sales Footprint
  • Recent Developments
  • New Product Launch
  • Mergers & Acquisitions
  • Collaborations, Partnerships & Agreements
  • Rewards & Recognition
  • The Clorox Company (US)
  • Business Overview
  • Product Portfolio
  • Market Segments (Business Segment/Region)
  • Sales Footprint
  • Recent Developments
  • New Product Launch
  • Mergers & Acquisitions
  • Collaborations, Partnerships & Agreements
  • Rewards & Recognition
  • Zanon Vitamec Inc. (US)
  • Business Overview
  • Product Portfolio
  • Market Segments (Business Segment/Region)
  • Sales Footprint
  • Recent Developments
  • New Product Launch
  • Mergers & Acquisitions
  • Collaborations, Partnerships & Agreements
  • Rewards & Recognition
  • Olly Public Benefit Corporation (US)
  • Business Overview
  • Product Portfolio
  • Market Segments (Business Segment/Region)
  • Sales Footprint
  • Recent Developments
  • New Product Launch
  • Mergers & Acquisitions
  • Collaborations, Partnerships & Agreements
  • Rewards & Recognition
  • Hero Nutritionals, LLC (US)
  • Business Overview
  • Product Portfolio
  • Market Segments (Business Segment/Region)
  • Sales Footprint
  • Recent Developments
  • New Product Launch
  • Mergers & Acquisitions
  • Collaborations, Partnerships & Agreements
  • Rewards & Recognition
  • SmartyPants Inc. (US)
  • Business Overview
  • Product Portfolio
  • Market Segments (Business Segment/Region)
  • Sales Footprint
  • Recent Developments
  • New Product Launch
  • Mergers & Acquisitions
  • Collaborations, Partnerships & Agreements
  • Rewards & Recognition
  • Nature's Way Products, LLC (US)
  • Business Overview
  • Product Portfolio
  • Market Segments (Business Segment/Region)
  • Sales Footprint
  • Recent Developments
  • New Product Launch
  • Mergers & Acquisitions
  • Collaborations, Partnerships & Agreements
  • Rewards & Recognition
  • Herbaland Naturals Inc. (Canada)
  • Business Overview
  • Product Portfolio
  • Market Segments (Business Segment/Region)
  • Sales Footprint
  • Recent Developments
  • New Product Launch
  • Mergers & Acquisitions
  • Collaborations, Partnerships & Agreements
  • Rewards & Recognition
  • The Nature's Bounty Co. (US)
  • Business Overview
  • Product Portfolio
  • Market Segments (Business Segment/Region)
  • Sales Footprint
  • Recent Developments
  • New Product Launch
  • Mergers & Acquisitions
  • Collaborations, Partnerships & Agreements
  • Rewards & Recognition
  • Nutra Solutions (US)
  • Business Overview
  • Product Portfolio
  • Market Segments (Business Segment/Region)
  • Sales Footprint
  • Recent Developments
  • New Product Launch
  • Mergers & Acquisitions
  • Collaborations, Partnerships & Agreements
  • Rewards & Recognition
  • Makers Nutrition, LLC (US)
  • Business Overview
  • Product Portfolio
  • Market Segments (Business Segment/Region)
  • Sales Footprint
  • Recent Developments
  • New Product Launch
  • Mergers & Acquisitions
  • Collaborations, Partnerships & Agreements
  • Rewards & Recognition
  • IM Healthcare (India)
  • Business Overview
  • Product Portfolio
  • Market Segments (Business Segment/Region)
  • Sales Footprint
  • Recent Developments
  • New Product Launch
  • Mergers & Acquisitions
  • Collaborations, Partnerships & Agreements
  • Rewards & Recognition
  • Vitakem Nutraceutical Inc. (US)
  • Business Overview
  • Product Portfolio
  • Market Segments (Business Segment/Region)
  • Sales Footprint
  • Recent Developments
  • New Product Launch
  • Mergers & Acquisitions
  • Collaborations, Partnerships & Agreements
  • Rewards & Recognition
  • Emest Jackson (UK)
  • Business Overview
  • Product Portfolio
  • Market Segments (Business Segment/Region)
  • Sales Footprint
  • Recent Developments
  • New Product Launch
  • Mergers & Acquisitions
  • Collaborations, Partnerships & Agreements
  • Rewards & Recognition
  • x'Bayer Group (Germany)
  • Business Overview
  • Product Portfolio
  • Market Segments (Business Segment/Region)
  • Sales Footprint
  • Recent Developments
  • New Product Launch
  • Mergers & Acquisitions
  • Collaborations, Partnerships & Agreements
  • Rewards & Recognition
  • Santa Cruz Nutritionals Inc. (US)
  • Business Overview
  • Product Portfolio
  • Market Segments (Business Segment/Region)
  • Sales Footprint
  • Recent Developments
  • New Product Launch
  • Mergers & Acquisitions
  • Collaborations, Partnerships & Agreements
  • Rewards & Recognition
  • Boscogen, Inc. (US)
  • Business Overview
  • Product Portfolio
  • Market Segments (Business Segment/Region)
  • Sales Footprint
  • Recent Developments
  • New Product Launch
  • Mergers & Acquisitions
  • Collaborations, Partnerships & Agreements
  • Rewards & Recognition

Companies Mentioned

  • Bettera Brands LLC (US)
  • Life Science Nutritionals (Canada)
  • Church & Dwight Co. Inc. (US)
  • Softigel (US)
  • The Clorox Company (US)
  • Zanon Vitamec Inc. (US)
  • Olly Public Benefit Corporation (US)
  • Hero Nutritionals, LLC (US)
  • SmartyPants Inc. (US)
  • Nature's Way Products, LLC (US)
  • Herbaland Naturals Inc. (Canada)
  • The Nature's Bounty Co. (US)
  • Nutra Solutions (US)
  • Makers Nutrition, LLC (US)
  • IM Healthcare (India)
  • Vitakem Nutraceutical Inc. (US)
  • Emest Jackson (UK)
  • x'Bayer Group (Germany)
  • Santa Cruz Nutritionals Inc. (US)
  • Boscogen, Inc. (US)