Global Gummy Supplements Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Gummy Supplements Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Product Type (Single-vitamin, Multivitamin, Probiotic, Omega-3, and Other Product Types), End User (Children, and Adults), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Pharmacies/Drug Stores, Online Retail Stores, and Other Distribution Channels), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Gummy Supplements Market was valued at USD 10,143.6 million in 2023 and is expected to reach USD 18,361.9 million by 2031 while growing at a CAGR of 7.7% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global gummy supplements market growth. Gummy supplements, chewable and enjoyable, offer essential vitamins and minerals in a palatable form, gaining popularity, especially among those who struggle with pill swallowing, such as children and some adults.
Increasing consumer preference for tasty and convenient delivery formats, along with health and wellness trends, drives the growth of the gummy supplements market. However, obstacles like sugar content concerns, regulatory challenges, and labeling issues may hinder market expansion.
Furthermore, the global gummy supplements industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Product Type Analysis
The Global Gummy Supplements Market is segmented among Single-vitamin, Multivitamin, Probiotic, Omega-3, and Other Product Types, based on product type. In 2023, Single-vitamin accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Distribution Channel Analysis
The Global Gummy Supplements Market is segmented among Children, and Adults, based on Distribution Channel. In 2023, Adults accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Gummy Supplements Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Bayer AG, Amway Corporation, Church & Dwight Co. Inc., Nestle SA, Hero Nutritionals LLC, Aesthetic Nutrition Pvt. Ltd (Power Gummies), Unilever PLC, Jagzee Enterprises, Haleon PLC, and Abbott Laboratories.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Gummy Supplements Market Dynamics
Drivers
Restraints
Opportunity
4. Global Gummy Supplements Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Gummy Supplements Market Segmentation, By Product Type
Global Gummy Supplements Market Share Analysis, By Product Type
Global Gummy Supplements Market Growth Analysis, By Product Type
Global Gummy Supplements Market Trends, By Product Type
o Single-vitamin
o Multivitamin
o Probiotic
o Omega-3
o Other Product Types
6. Global Gummy Supplements Market Segmentation, By End User
Global Gummy Supplements Market Share Analysis, By End User
Global Gummy Supplements Market Growth Analysis, By End User
Global Gummy Supplements Market Trends, By End User
o Children
o Adults
7. Global Gummy Supplements Market Segmentation, By Distribution Channel
Global Gummy Supplements Market Share Analysis, By Distribution Channel
Global Gummy Supplements Market Growth Analysis, By Distribution Channel
Global Gummy Supplements Market Trends, By Distribution Channel
o Supermarkets/Hypermarkets
o Convenience Stores
o Pharmacies/Drug Stores
o Online Retail Stores
o Other Distribution Channels
8. Global Gummy Supplements Market Segmentation, By Region
Global Gummy Supplements Market Share Analysis, By Region
Global Gummy Supplements Market Growth Analysis, By Region
Global Gummy Supplements Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
Bayer AG*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Amway Corporation
Church & Dwight Co. Inc.
Nestle SA
Hero Nutritionals LLC
Aesthetic Nutrition Pvt. Ltd (Power Gummies)
Unilever PLC
Jagzee Enterprises
Haleon PLC
Abbott Laboratories
*Similar analysis will be provided for each company listed above.