Request Sample

Global Gummy Supplements Market

Feb. 21, 2019

Global Gummy Supplements Market, By Product Type (Minerals, Vitamins, Proteins, Blends, Omega Fatty Acids, and Others), By Distribution Channel (Hypermarket/Supermarket, Specialty Stores, Drug Stores/Pharmacies, Online, and Others), By Demographics (Kids and Adults), And By Region (North America, Latin America, Europe, Asia-Pacific, Middle East and Africa) - Global Forecast, 2020-2025.

Report Code :FMR514      
Pages :200 Pages
Format :   PPT Format   PDF Format

The global gummy supplements market was valued at US$ xx million in the year 2019. This market is estimated to be valued at US$ xx million in the year 2020 and is expected to reach US$ xx million by the year 2025, with an estimated CAGR of xx% during the forecast period (2020-2025). Gummy supplements are comprised of vitamin and collagen gummy in different flavors with a chewable form. The gummy has various types of flavors i.e., orange, strawberry, raspberry, cherry, and others which is very appealing for the kids as well as for the adults to chew it and taste different flavors while also intaking the nutrition and vitamins supplements. The consumer taste and preferences for chewing supplements over capsules and tablets drive the demand for the gummy supplement market.

Table 1. Global Gummy Supplements Market Synopsis

Parameters

Description

Market Value (US$ Mn) for the Period

2018-2025

Base Year

2019

Forecast Period

2020-2025

Market Segmentation (By Product Type)

Minerals, Vitamins, Proteins, Blends, Omega Fatty Acids, and Others

Market Segmentation (By Distribution Channel)

Hypermarket/Supermarket, Specialty Stores, Drug Stores/Pharmacies, Online, and Others

Market Segmentation (By Demographics)

Kids and Adults

Regions Covered

North America, Latin America, Europe, Asia-Pacific, Middle East and Africa

Key Players Coverage

Ayanda, Unilever, PharmaviteLLC, Hero Nutritionals, Bayer Group, Makers Nutrition, Herbaland Naturals Inc., Life Science Nutritionals, Gimbals Fine Candies, Softigel, Inc., Rainbow Light Nutritional Systems, Zanon Vitamec USA Inc., The Nature’s Bounty Company, Zanon Vitamec USA Inc., Church & Dwight Co., Bettera Wellness Corp., and Others

Key Insights

  • Latest Updates
  • Analyst Views
  • Future Outlook of the Market

Market Dynamics

The rising preferences of chewable gummies among the kids and adults due to its range of flavors fuels the demand for the gummy supplement market. The intake of nutrition, minerals, and vitamins for a sportsperson is necessary and the changing preferences from capsules and tablets to chewable or gummy supplements drive the market growth. For instance, in March 2020, the American startup company 16VIT, launched gummy supplements in different flavors for gamers and sportsperson to boost their immune system.

The era of COVID-19 has emerged the demand for the gummy supplements; owing to the health benefits and the boost it provides to the immune system to remain safe from the COVID-19. The vital factor to be safe from the chronic disease is to have a healthy and strong immune system that leads to the rise in demand for gummy supplements. For instance, in February 2020, the wellness company, Social CBD announced to launch high-quality CBD Broad-Spectrum Gummies to offer the benefits of hemp and drives the healthy lifestyle.

However, the over intake of the gummy supplements due to its immense flavor and colors results in various side-effects, especially in kids which is expected to restrain the gummy supplement market growth to some extent over the forecast period.

Figure 1. PORTER’S Analysis

Note: The above figure is shown for illustrative purposes only, the actual data may vary and will be incorporated in the report.

North America holds the major share of the gummy supplement market followed by Europe and Asia-Pacific. The market of North America is accounted to possess significant growth due to the outbreak of COVID 19 which enhances the demand for chewable or gummy supplements. For instance, in April 2020, OLLY had launched the flavored and colorful gummy supplements products in Canada.

Moreover, the Asia-Pacific region is also expected to contribute significantly to the growth of the gummy supplements market owing to an increase in investment by various companies to increase the productivity of the gummy supplements[gauri7] [RJ8] . For instance, in January 2017, the Gendemic healthcare Pvt Ltd which makes gummy supplements in India received an investment of US$ 1.5Mn from the media firm Bennett Coleman  & Co Ltd (BCCL).

Figure 2. Regional Analysis

 

Note: The above figure is shown for illustrative purposes only, the actual data may vary and will be incorporated in the report.

Competitive Landscape

Key players in the global gummy supplements market include Ayanda, Unilever, PharmaviteLLC, Hero Nutritionals, Bayer Group, Makers Nutrition, Herbaland Naturals Inc., Life Science Nutritionals, Gimbals Fine Candies, Softigel, Inc., Rainbow Light Nutritional Systems, Zanon Vitamec USA Inc., The Nature’s Bounty Company, Zanon Vitamec Inc., Church & Dwight Co., Bettera Wellness Corp., and Others

The players have adopted strategies of product development, and acquisition to strengthen their position in the market. For instance, in March 2020, the Church and Dwight company developed the products and launched six range of gummy supplements to boost the immune system and for skin disorders. This kind of development not only enable the companies to expand their product portfolio but also to expand their footprints in different regions and countries.

Figure 3. Market Share of Key Players, 2019

 

Note: The above figure is shown for illustrative purposes only, the actual data may vary and will be incorporated in the report.

By Product Type

  • Minerals
  • Proteins
  • Omega Fatty Acids
  • Blends
  • Vitamins
  • Single Vitamin
  • Multi-Vitamins
  • Others

By Distribution Channel

  • Specialty Stores
  • Hypermarket/Supermarket
  • Drug Stores/Pharmacies
  • Online
  • Others

By Demographics

  • Kids
  • Adults

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa
rm
Kindly fill the below form and we will contact you within 24 hours
I have read and accept Privacy Policy

Confidentiality

We respect your privacy rights and safeguard your personal information. We prevent the disclosure of personal information to third parties.

Note: 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 (2020-2025), considering 2019, as the base year.

  • What are the trends adopted by key players in the global gummy supplements market?
  • What key factors are expected to increase the demand for gummy supplements market during the forecast period 2020-2025?
  • What are the major challenges inhibiting the growth of the global gummy supplements market?
  • What is the total market value (US$ Mn) generated in global gummy supplements market by product type in 2019 and what are the forecasts by 2025?
  • Which distribution channel is expected to foster the gummy supplements market growth?
  • Which demographics is expected to dominate the gummy supplements market in the coming years?
  • What was the total revenue generated by the global gummy supplements market across different regions (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa) in 2019, along with CAGR (%) for the period (2020-2025)?
  • Who are the key players contributing to the growth of the global gummy supplements market, and what are the new strategies adopted by them to retain a market share in the industry?
  • What is the competitive strength of the key players in the gummy supplements market?
  • What are the major outcomes derived from the Porter’s five forces?
  • What new products are going to be approved or launched in the coming years which may have huge impact on the market?
  • What insights are derived through the analysis of key players on following parameters: company overview, financial performance, product portfolio, geographical presence, key highlights, and strategies?*

Latest Reports

Global Vitamins And Minerals Supplements Market

Global Vitamins And Minerals Supplements Market, By Product Type (Vitamin Type (Vitamin B Complex, Vitamin B1 (Thiamin), Vitamin B2 …

Read More

Global Probiotic Drinks Market

Global Probiotic Drinks Market, By Product Type (Fruit-based Probiotic Drinks, Dairy -based Probiotic Drinks, and Other Probiotic Drinks), By …

Read More

Global Nutraceuticals Market

Global Nutraceuticals Market, By Type (Functional Food (Probiotics, Omega Fatty Acids, Vitamins and Minerals, Proteins and Peptides, and Others), …

Read More

Global Multivitamin Capsules And Tablets Market

Global Multivitamin Capsules And Tablets Market, By End User (Men, Women, and Unisex), By Formulation (Tablets and Capsules), By …

Read More

Global Gummy Supplements Market

Global Gummy Supplements Market, By Product Type (Minerals, Vitamins, Proteins, Blends, Omega Fatty Acids, and Others), By Distribution Channel …

Read More

Global Protein Supplements Market

Global Protein Supplements Market, By Product Type (Protein Powder, Protein Bars, Ready to Drink, and Others), By Source (Plant …

Read More

Global Botanical Extracts Market

Global Botanical Extracts Market, By Source (Spices, Herbs, Flowers, and Tea leaves), By Form (Liquid and Powder), By Application …

Read More

Global Clinical Nutrition Market

Global Clinical Nutrition Market, By Route of Administration (Oral, Enteral, and Parenteral), By Application (Cancer, Metabolic Disorders, Gastrointestinal Diseases, …

Read More
Validation error occured. Please enter the fields and submit it again.