The global Gummy market size is expected to be worth around US$ 52.06 billion by 2030, according to a new report by Vision Research Reports.
The global Gummy market size was valued at US$ 20.28 billion in 2020 and is anticipated to grow at a CAGR of 16.8% during forecast period 2021 to 2030.
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Growth Factors
The advent of organic, clean, and natural formulated gummy supplements by key market participants; coupled with increasing customer demand for nutrition with taste and flavor is a major factor fueling the market growth.
Gummies are easy to chew and can be consumed on the go, thereby providing an easy supplementation solution during busy working schedules for adult consumers. Besides, gummies are highly popular among kids due to the availability of different flavors, colors, and attractive shapes.
Moreover, the prevailing trend of adopting preventive healthcare measures by parents since the birth of a baby is expected to drive the growth of the market in the coming years. In addition, the busy lifestyle of individuals has encouraged on-the-go eating habits; thus, a shifting focus towards an alternative form of nutrients which is expected to stimulate growth for convenient and easy-to-swallow gummy.
Report Highlights
The vitamins segment led the market accounting for more than 65% of the overall revenue share in 2020. The increasing working-class population and changes in lifestyles have failed to keep up with the nutrition requirement through food; thus, the demand for vitamin supplements has been increasing.
Factors fueling interest in vitamin supplements also include increasing healthcare costs, a growing aging population, and rising awareness about maintaining a healthy diet. Moreo0ver, gummies are a convenient vitamin delivery system for children, who are reluctant to consume supplements in other forms.
The adult end-user segment dominated the market with a revenue share of more than 72% in 2020. The rising demand for convenient dietary supplements from working professionals, sports enthusiasts, elderly people, and pregnant women is expected to augment the growth of the adult end-user segment over the forecast period.
The trend of clean labels and organic products has shifted consumer preference toward botanicals. Consumers are willing to pay more for supplements with such health claims owing to their anti-inflammatory and anticancer properties.
The non-store distribution channel segment is expected to witness the fastest CAGR of more than 24% during the forecast period. Increasingly sophisticated consumer demands coupled with the rising penetration of e-commerce are mainly driving the growth of this segment. Key manufacturers are accessing new distribution channels to connect with the diverse consumer base, which has increased the product sales through the non-store-based channels, such as online stores and other e-retailers like Amazon, 1mg, and others.
North America dominated the market and accounted for a revenue share of over 48% in 2020. Over the past decade, the dietary supplement industry has witnessed significant growth in North America with the expansion of a health-conscious consumer base, particularly in developed countries, such as the U.S. and Canada.
Key Players
| Report Coverage | Details |
| Market Size | US$ 52.06 billion by 2030 |
| Growth Rate | CAGR of 16.8% From 2021 to 2030 |
| Base Year | 2020 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Application, End user, Distribution Channel |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Procaps Group; Santa Cruz Nutritionals; Amapharm; Herbaland Canada; Allseps Pty. Ltd.; Vitux AS; Boscogen, Inc.; Bettera Brands, LLC; NutraStar Manufacturing Ltd.; Better Nutritionals; Prime Health Ltd.; AJES Pharmaceuticals LLC; Lactonova; SMPNutra.com; Lexicare Pharma Pvt. Ltd.; Superior Supplement Manufacturing; Well Aliments; Supplement Factory Ltd.; Vitakem Nutraceutical, Inc. |
Market Segmentation
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Gummy Market, By Application
7.1. Gummy Market, by Application, 2021-2030
7.1.1. Vitamins
7.1.1.1. Market Revenue and Forecast (2016-2030)
7.1.2. Minerals
7.1.2.1. Market Revenue and Forecast (2016-2030)
7.1.3. Omega Fatty Acids
7.1.3.1. Market Revenue and Forecast (2016-2030)
7.1.4. Proteins
7.1.4.1. Market Revenue and Forecast (2016-2030)
7.1.5. Others (Probiotics, Botanicals, Fibers)
7.1.5.1. Market Revenue and Forecast (2016-2030)
Chapter 8. Global Gummy Market, By End User
8.1. Gummy Market, by End User, 2021-2030
8.1.1. Adult
8.1.1.1. Market Revenue and Forecast (2016-2030)
8.1.2. Kids
8.1.2.1. Market Revenue and Forecast (2016-2030)
Chapter 9. Global Gummy Market, By Distribution Channel
9.1. Gummy Market, by Distribution Channel, 2021-2030
9.1.1. Store-based
9.1.1.1. Market Revenue and Forecast (2016-2030)
9.1.2. Non-store-based
9.1.2.1. Market Revenue and Forecast (2016-2030)
Chapter 10. Global Gummy Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Application (2016-2030)
10.1.2. Market Revenue and Forecast, by End User (2016-2030)
10.1.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Application (2016-2030)
10.1.4.2. Market Revenue and Forecast, by End User (2016-2030)
10.1.4.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Application (2016-2030)
10.1.5.2. Market Revenue and Forecast, by End User (2016-2030)
10.1.5.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Application (2016-2030)
10.2.2. Market Revenue and Forecast, by End User (2016-2030)
10.2.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Application (2016-2030)
10.2.4.2. Market Revenue and Forecast, by End User (2016-2030)
10.2.4.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Application (2016-2030)
10.2.5.2. Market Revenue and Forecast, by End User (2016-2030)
10.2.5.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Application (2016-2030)
10.2.6.2. Market Revenue and Forecast, by End User (2016-2030)
10.2.6.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Application (2016-2030)
10.2.7.2. Market Revenue and Forecast, by End User (2016-2030)
10.2.7.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Application (2016-2030)
10.3.2. Market Revenue and Forecast, by End User (2016-2030)
10.3.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Application (2016-2030)
10.3.4.2. Market Revenue and Forecast, by End User (2016-2030)
10.3.4.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Application (2016-2030)
10.3.5.2. Market Revenue and Forecast, by End User (2016-2030)
10.3.5.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Application (2016-2030)
10.3.6.2. Market Revenue and Forecast, by End User (2016-2030)
10.3.6.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Application (2016-2030)
10.3.7.2. Market Revenue and Forecast, by End User (2016-2030)
10.3.7.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Application (2016-2030)
10.4.2. Market Revenue and Forecast, by End User (2016-2030)
10.4.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Application (2016-2030)
10.4.4.2. Market Revenue and Forecast, by End User (2016-2030)
10.4.4.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Application (2016-2030)
10.4.5.2. Market Revenue and Forecast, by End User (2016-2030)
10.4.5.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Application (2016-2030)
10.4.6.2. Market Revenue and Forecast, by End User (2016-2030)
10.4.6.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Application (2016-2030)
10.4.7.2. Market Revenue and Forecast, by End User (2016-2030)
10.4.7.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Application (2016-2030)
10.5.2. Market Revenue and Forecast, by End User (2016-2030)
10.5.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Application (2016-2030)
10.5.4.2. Market Revenue and Forecast, by End User (2016-2030)
10.5.4.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Application (2016-2030)
10.5.5.2. Market Revenue and Forecast, by End User (2016-2030)
10.5.5.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
Chapter 11. Company Profiles
11.1. Procaps Group
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Santa Cruz Nutritionals
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Amapharm
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Herbaland Canada
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Allseps Pty. Ltd.
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Vitux AS
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Boscogen, Inc.
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Bettera Brands, LLC
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. NutraStar Manufacturing Ltd.
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Better Nutritionals
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
11.11. Prime Health Ltd.
11.11.1. Company Overview
11.11.2. Product Offerings
11.11.3. Financial Performance
11.11.4. Recent Initiatives
11.12. AJES Pharmaceuticals LLC
11.12.1. Company Overview
11.12.2. Product Offerings
11.12.3. Financial Performance
11.12.4. Recent Initiatives
11.13. Lactonova
11.13.1. Company Overview
11.13.2. Product Offerings
11.13.3. Financial Performance
11.13.4. Recent Initiatives
11.14. SMPNutra.com
11.14.1. Company Overview
11.14.2. Product Offerings
11.14.3. Financial Performance
11.14.4. Recent Initiatives
11.15. Lexicare Pharma Pvt. Ltd.
11.15.1. Company Overview
11.15.2. Product Offerings
11.15.3. Financial Performance
11.15.4. Recent Initiatives
11.16. Superior Supplement Manufacturing
11.16.1. Company Overview
11.16.2. Product Offerings
11.16.3. Financial Performance
11.16.4. Recent Initiatives
11.17. Well Aliments
11.17.1. Company Overview
11.17.2. Product Offerings
11.17.3. Financial Performance
11.17.4. Recent Initiatives
11.18. Supplement Factory Ltd.
11.18.1. Company Overview
11.18.2. Product Offerings
11.18.3. Financial Performance
11.18.4. Recent Initiatives
11.19. Vitakem Nutraceutical, Inc.
11.19.1. Company Overview
11.19.2. Product Offerings
11.19.3. Financial Performance
11.19.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
Glossary of Terms
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