Gummy Market by Product Type, End-Users, and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2030

Description

Persistence Market Research has recently published an in-depth analysis of the global Gummy Market, offering a comprehensive overview of key market dynamics, growth drivers, challenges, and emerging trends. This report provides valuable insights into the structure of the Gummy Market, presenting exclusive data and statistics that forecast the market's growth trajectory from 2023 to 2030.

The worldwide gummy market is projected to grow at a compound annual growth rate (CAGR) of 12.7%, reaching a value of US$49.4 billion by the conclusion of 2030, up from US$21.4 billion in 2023.

Key Insights:

Gummy Market Size (2023E): US$21.4 Bn
Projected Market Value (2030F): US$49.4 Bn
Global Market Growth Rate (CAGR 2023 to 2030): 12.7%
Historical Market Growth Rate (CAGR 2018 to 2022): 12.2%

Gummy Market- Report Scope:

Gummy supplements, resembling candies, are chewable vitamins popular for their appealing taste and ease of consumption, especially among those who find traditional pills difficult to swallow. They typically contain essential vitamins and minerals like A, B, C, D, zinc, and sometimes omega-3 fatty acids. The market is expected to expand due to increasing demand for functional and fortified options, a wide variety of flavors appealing to health-conscious consumers, and the rising preference for vegan alternatives. Gummies are also favored for their convenient administration of active ingredients, driving growth in the global gummy industry.

Market Growth Drivers:

The market for gummies is driven by a rising focus on preventive healthcare, spurred by increased attention to road safety and disaster prevention. Elevated healthcare expenses globally, particularly in regions like the US, prompt consumers to turn to health supplements. Personalized healthcare approaches are gaining traction, with consumers investing in preventive products to address metabolic disorders. In Europe, countries like Germany and France are witnessing growth due to strong emphasis on preventive healthcare systems and lifestyle-enhancement products. Vegan and all-natural gummy supplements are rapidly growing categories, catering to consumer preferences for improved gut health.

Market Restraints:

The global gummy supplements market faces challenges with regulatory approval, particularly in the US where products are not FDA-regulated, impacting consumer confidence and hindering market growth. Compliance with FDA regulations like DSHEA is essential, as failure could lead to product recalls and adverse reactions, especially with vitamin-related supplements. Additionally, overconsumption of gummy supplements poses health risks, exacerbated by their appealing taste and lack of awareness about appropriate dosage, particularly concerning for individuals with certain health conditions and children, thereby restraining market growth.

Market Opportunities:

The burgeoning aging population, as forecasted by the WHO, presents a significant opportunity for the gummy supplements market. With a projected increase in the number of individuals aged 60 and above, reaching 1.4 billion by 2030 and 426 million aged 80 or older by 2050, there is a growing demand for easily consumable and digestible nutritional supplements. Gummies, appreciated for their palatability and enriched with essential vitamins, minerals, and fibers, are poised to cater to the needs of this demographic. This demographic shift, particularly in low- and middle-income countries, indicates a promising avenue for the expansion of the gummy supplements market.

Key Questions Answered in the Report:

What are the key factors driving the growth of the Gummy Market?
Which industry verticals are driving the demand for Gummy?
How are technological advancements reshaping the competitive landscape of the Gummy Market?
Who are the leading players in the global Gummy Market?
What are the emerging trends and future prospects in the global Gummy Market?

Competitive Intelligence and Business Strategy:

Key players such as Procaps Group, Santa Cruz Nutritional, and Amapharm lead the gummy supplement sector, leveraging their technological expertise and industry experience to deliver innovative solutions. These companies prioritize technological advancements, strategic partnerships, and enhancing user experience. Significant investments in research and development drive the creation of novel gummy flavors, setting their products apart in the competitive landscape. To stand out, they focus on offering distinct flavors, innovative formulations, attractive packaging, and integrating health-conscious ingredients, thereby differentiating their offerings in the market.

Key Companies Profiled:

Procaps Group
Santa Cruz Nutritionals
Amapharm
Herbaland Canada
Allseps Pty. Ltd.

Gummy Market Segmentation:

By Product:

Vitamins
Minerals
Carbohydrates
Omega Fatty Acids
Proteins & Amino Acids
Probiotics & Prebiotics
Dietary Fibers
CBD/CBN
Psilocybin/Psychedelic Mushroom
Melatonin
Others

By Ingredient:

Gelatin
Plant-based Gelatin Substitutes

By End Use:

Adults
Kids

By Distribution Channel:

Offline
Online

By Region:

North America
Europe
East Asia
South Asia & Oceania
Latin America
Middle East & Africa

Product Code: PMRREP33979

1. Executive Summary

1.1. Global Gummy Market Snapshot, 2023 and 2030
1.2. Market Opportunity Assessment, 2023 - 2030, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Product Lifecycle Analysis
2.4. Gummy Market: Value Chain
- 2.4.1. List of Raw Material Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of Applications
- 2.4.5. Profitability Analysis
2.5. Porter Five Force's Analysis
2.6. Geopolitical Tensions: Market Impact
2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
2.8. Forecast Factors - Relevance and Impact
2.9. Regulatory and Technology Landscape

3. Global Gummy Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
3.2. Market Size (US$ Mn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2013-2016
- 3.2.2. Current Market Size Forecast, 2018-2026
3.3. Global Gummy Market Outlook: Product
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Product, 2018 - 2022
- 3.3.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product, 2023 - 2030
  - 3.3.3.1. Vitamins
  - 3.3.3.2. Minerals
  - 3.3.3.3. Carbohydrates
  - 3.3.3.4. Omega Fatty Acids
  - 3.3.3.5. Proteins & Amino Acids
  - 3.3.3.6. Probiotics & Prebiotics
  - 3.3.3.7. Dietary Fibers
  - 3.3.3.8. CBD/CBN
  - 3.3.3.9. Psilocybin/Psychedelic Mushroom
  - 3.3.3.10. Melatonin
  - 3.3.3.11. Others
3.4. Market Attractiveness Analysis: Product
3.5. Global Gummy Market Outlook: Ingredient
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Ingredient, 2018 - 2022
- 3.5.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Ingredient, 2023 - 2030
  - 3.5.3.1. Gelatin
  - 3.5.3.2. Plant-based Gelatin Substitutes
3.6. Market Attractiveness Analysis: Ingredient
3.7. Global Gummy Market Outlook: End Use
- 3.7.1. Introduction / Key Findings
- 3.7.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By End Use, 2018 - 2022
- 3.7.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By End Use, 2023 - 2030
  - 3.7.3.1. Adults
  - 3.7.3.2. Kids
3.8. Market Attractiveness Analysis: End Use
3.9. Global Gummy Market Outlook: Distribution Channel
- 3.9.1. Introduction / Key Findings
- 3.9.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Distribution Channel, 2018 - 2022
- 3.9.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Channel, 2023 - 2030
  - 3.9.3.1. Offline
  - 3.9.3.2. Online
3.10. Market Attractiveness Analysis: Distribution Channel

4. Global Gummy Market Outlook: Region

4.1. Key Highlights
4.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Region, 2018 - 2022
4.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Region, 2023 - 2030
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
4.4. Market Attractiveness Analysis: Region

5. North America Gummy Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

5.1. Key Highlights
5.2. Pricing Analysis
5.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 5.3.1. By Country
- 5.3.2. By Product
- 5.3.3. By Ingredient
- 5.3.4. By End Use
- 5.3.5. By Distribution Channel
5.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 5.4.1. U.S.
- 5.4.2. Canada
5.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product, 2023 - 2030
- 5.5.1. Vitamins
- 5.5.2. Minerals
- 5.5.3. Carbohydrates
- 5.5.4. Omega Fatty Acids
- 5.5.5. Proteins & Amino Acids
- 5.5.6. Probiotics & Prebiotics
- 5.5.7. Dietary Fibers
- 5.5.8. CBD/CBN
- 5.5.9. Psilocybin/Psychedelic Mushroom
- 5.5.10. Melatonin
- 5.5.11. Others
5.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Ingredient, 2023 - 2030
- 5.6.1. Gelatin
- 5.6.2. Plant-based Gelatin Substitutes
5.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End Use, 2023 - 2030
- 5.7.1. Adults
- 5.7.2. Kids
5.8. Current Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Channel, 2023 - 2030
- 5.8.1. Offline
- 5.8.2. Online
5.9. Market Attractiveness Analysis

6. Europe Gummy Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

6.1. Key Highlights
6.2. Pricing Analysis
6.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 6.3.1. By Country
- 6.3.2. By Product
- 6.3.3. By Ingredient
- 6.3.4. By End Use
- 6.3.5. By Distribution Channel
6.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. Turkiye
- 6.4.8. Rest of Europe
6.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product, 2023 - 2030
- 6.5.1. Vitamins
- 6.5.2. Minerals
- 6.5.3. Carbohydrates
- 6.5.4. Omega Fatty Acids
- 6.5.5. Proteins & Amino Acids
- 6.5.6. Probiotics & Prebiotics
- 6.5.7. Dietary Fibers
- 6.5.8. CBD/CBN
- 6.5.9. Psilocybin/Psychedelic Mushroom
- 6.5.10. Melatonin
- 6.5.11. Others
6.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Ingredient, 2023 - 2030
- 6.6.1. Gelatin
- 6.6.2. Plant-based Gelatin Substitutes
6.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End Use, 2023 - 2030
- 6.7.1. Adults
- 6.7.2. Kids
6.8. Current Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Channel, 2023 - 2030
- 6.8.1. Offline
- 6.8.2. Online
6.9. Market Attractiveness Analysis

7. East Asia Gummy Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 7.3.1. By Country
- 7.3.2. By Product
- 7.3.3. By Ingredient
- 7.3.4. By End Use
- 7.3.5. By Distribution Channel
7.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
7.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product, 2023 - 2030
- 7.5.1. Vitamins
- 7.5.2. Minerals
- 7.5.3. Carbohydrates
- 7.5.4. Omega Fatty Acids
- 7.5.5. Proteins & Amino Acids
- 7.5.6. Probiotics & Prebiotics
- 7.5.7. Dietary Fibers
- 7.5.8. CBD/CBN
- 7.5.9. Psilocybin/Psychedelic Mushroom
- 7.5.10. Melatonin
- 7.5.11. Others
7.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Ingredient, 2023 - 2030
- 7.6.1. Gelatin
- 7.6.2. Plant-based Gelatin Substitutes
7.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End Use, 2023 - 2030
- 7.7.1. Adults
- 7.7.2. Kids
7.8. Current Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Channel, 2023 - 2030
- 7.8.1. Offline
- 7.8.2. Online
7.9. Market Attractiveness Analysis

8. South Asia & Oceania Gummy Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 8.3.1. By Country
- 8.3.2. By Product
- 8.3.3. By Ingredient
- 8.3.4. By End Use
- 8.3.5. By Distribution Channel
8.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
8.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product, 2023 - 2030
- 8.5.1. Vitamins
- 8.5.2. Minerals
- 8.5.3. Carbohydrates
- 8.5.4. Omega Fatty Acids
- 8.5.5. Proteins & Amino Acids
- 8.5.6. Probiotics & Prebiotics
- 8.5.7. Dietary Fibers
- 8.5.8. CBD/CBN
- 8.5.9. Psilocybin/Psychedelic Mushroom
- 8.5.10. Melatonin
- 8.5.11. Others
8.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Ingredient, 2023 - 2030
- 8.6.1. Gelatin
- 8.6.2. Plant-based Gelatin Substitutes
8.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End Use, 2023 - 2030
- 8.7.1. Adults
- 8.7.2. Kids
8.8. Current Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Channel, 2023 - 2030
- 8.8.1. Offline
- 8.8.2. Online
8.9. Market Attractiveness Analysis

9. Latin America Gummy Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 9.3.1. By Country
- 9.3.2. By Product
- 9.3.3. By Ingredient
- 9.3.4. By End Use
- 9.3.5. By Distribution Channel
9.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
9.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product, 2023 - 2030
- 9.5.1. Vitamins
- 9.5.2. Minerals
- 9.5.3. Carbohydrates
- 9.5.4. Omega Fatty Acids
- 9.5.5. Proteins & Amino Acids
- 9.5.6. Probiotics & Prebiotics
- 9.5.7. Dietary Fibers
- 9.5.8. CBD/CBN
- 9.5.9. Psilocybin/Psychedelic Mushroom
- 9.5.10. Melatonin
- 9.5.11. Others
9.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Ingredient, 2023 - 2030
- 9.6.1. Gelatin
- 9.6.2. Plant-based Gelatin Substitutes
9.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End Use, 2023 - 2030
- 9.7.1. Adults
- 9.7.2. Kids
9.8. Current Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Channel, 2023 - 2030
- 9.8.1. Offline
- 9.8.2. Online
9.9. Market Attractiveness Analysis

10. Middle East & Africa Gummy Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 10.3.1. By Country
- 10.3.2. By Product
- 10.3.3. By Ingredient
- 10.3.4. By End Use
- 10.3.5. By Distribution Channel
10.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
10.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Product, 2023 - 2030
- 10.5.1. Vitamins
- 10.5.2. Minerals
- 10.5.3. Carbohydrates
- 10.5.4. Omega Fatty Acids
- 10.5.5. Proteins & Amino Acids
- 10.5.6. Probiotics & Prebiotics
- 10.5.7. Dietary Fibers
- 10.5.8. CBD/CBN
- 10.5.9. Psilocybin/Psychedelic Mushroom
- 10.5.10. Melatonin
- 10.5.11. Others
10.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Ingredient, 2023 - 2030
- 10.6.1. Gelatin
- 10.6.2. Plant-based Gelatin Substitutes
10.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End Use, 2023 - 2030
- 10.7.1. Adults
- 10.7.2. Kids
10.8. Current Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Channel, 2023 - 2030
- 10.8.1. Offline
- 10.8.2. Online
10.9. Market Attractiveness Analysis

11. Competition Landscape

11.1. Market Share Analysis, 2022
11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition Dashboard
- 11.2.3. Apparent Product Capacity
11.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 11.3.1. Procaps Group;
  - 11.3.1.1. Overview
  - 11.3.1.2. Segments and Product
  - 11.3.1.3. Key Financials
  - 11.3.1.4. Market Developments
  - 11.3.1.5. Market Strategy
- 11.3.2. Santa Cruz Nutritionals;
  - 11.3.2.1. Overview
  - 11.3.2.2. Segments and Product
  - 11.3.2.3. Key Financials
  - 11.3.2.4. Market Developments
  - 11.3.2.5. Market Strategy
- 11.3.3. Amapharm;
  - 11.3.3.1. Overview
  - 11.3.3.2. Segments and Product
  - 11.3.3.3. Key Financials
  - 11.3.3.4. Market Developments
  - 11.3.3.5. Market Strategy
- 11.3.4. Herbaland Canada;
  - 11.3.4.1. Overview
  - 11.3.4.2. Segments and Product
  - 11.3.4.3. Key Financials
  - 11.3.4.4. Market Developments
  - 11.3.4.5. Market Strategy
- 11.3.5. Allseps Pty. Ltd.
  - 11.3.5.1. Overview
  - 11.3.5.2. Segments and Product
  - 11.3.5.3. Key Financials
  - 11.3.5.4. Market Developments
  - 11.3.5.5. Market Strategy

12. Appendix

12.1. Research Methodology
12.2. Research Assumptions
12.3. Acronyms and Abbreviations