Gummy Supplements Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type and End User

List of Tables

The gummy supplements market is projected to reach US$ 16,510.39 million by 2028 from US$ 9,467.04 million in 2021. It is expected to grow at a CAGR of 8.3% during 2021-2028.

Gummies are one of the fastest-growing trends in dietary supplements, and their growth is attracting new entrants. Contract manufacturers for gummy supplements are now receiving orders for products that move beyond conventional nutritional ingredients, such as minerals and vitamins. The change in ingredients is prompting continual innovation in gummy processes and formulas. Manufacturers are working on organic and non-GMO claims, reducing artificial ingredients, animal ingredients, and sugar in gummy supplements. The gummy supplements market has key players constantly working on product innovation that require niche expertise, production capacity, and suitable equipment. The increasing differentiated product offerings in gummy format are expected to fuel market growth over the forecast period.

Based on type, the gummy supplements market is segmented into digestive health, heart health, immune health, stress management, brain health, skin health, healthy aging, sports nutrition, weight loss, multivitamins, single vitamins, probiotics, men's health, women's health, others. The multivitamins segment accounted for the largest share, whereas the market for the stress management segment is expected to grow at the highest rate during the forecast period.

Multivitamin supplements may contribute to being an essential part of the daily intake of individuals who cannot maintain a regular dosage of micronutrients through food. This is especially relevant in children as 45% of deaths among children under 5 years are linked to undernutrition, as per the data published by the WHO. The growing consumer awareness regarding the undernutrition of micronutrients is contributing significantly to the demand for multivitamins.

Moreover, most multivitamin supplements are packed with various vitamins and other essential nutrients that fulfill proper daily dietary nutrition requirements. Thus, multivitamins are preferred as they provide overall nutrition in a single product. Multivitamins supplements are available in the gummy format, making them easy to consume on a daily basis.

By region, the gummy supplements market is segmented into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and South & Central America (SAM). In 2020, North America held the market's largest share, and Asia Pacific (APAC) is estimated to register the highest CAGR in the market during the forecast period. APAC comprises several countries, such as Australia, China, India, Japan, South Korea, and the Rest of APAC. In this region, the growing awareness about gummy supplements and increasing health consciousness among people are the major drivers for the gummy supplements market. Due to the various health benefits of gummy supplements, such as the assistance in enhancing the intake of essential nutritional components in the human body, a rising demand for these nutritional aids among the populace has been observed.

Bayer AG; Church & Dwight, Inc.; Pharmavite LLC; Herbaland Naturals Inc.; Jarrow Formulas, Inc.; Life Science Nutritionals; Nature's Bounty; Nature's Way Products LLC; The Clorox Company; and Zanon Vitamec are the players operating in the gummy supplements market. These companies provide a wide range of product portfolios for the market. The companies have their presence in the developing regions, which provides lucrative opportunities for the gummy supplements market growth. The market players are developing high-quality and innovative products to meet customers' requirements.

The overall gummy supplements market size has been derived using both primary and secondary source. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights into the topic. Participants in this process include industry experts, such as VPs, business development managers, market intelligence managers, national sales managers, and external consultants, such as valuation experts, research analysts, and key opinion leaders, specializing in the gummy supplements market.

Reasons to Buy:

Highlights key business priorities in order to assist companies to realign their business strategies.

The key findings and recommendations highlight crucial progressive industry trends in the global gummy supplements market, thereby allowing players to develop effective long-term strategies.

Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.

Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

Product Code: TIPRE00020366

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study
3.2 Research Methodology
- 3.2.1 Data Collection:
- 3.2.2 Primary Interviews:
- 3.2.3 Hypothesis Formulation:
- 3.2.4 Macro-economic Factor Analysis:
- 3.2.5 Developing Base Number:
- 3.2.6 Data Triangulation:
- 3.2.7 Country Level Data:
- 3.2.8 Limitations and Assumptions:

4. Global Gummy Supplements Market Landscape

4.1 Market Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Threat of New Entrants:
- 4.2.2 Bargaining Power of Buyers:
- 4.2.3 Bargaining Power of Suppliers:
- 4.2.4 Competitive Rivalry:
- 4.2.5 Threat of Substitutes:
4.3 Expert Opinion

5. Global Gummy Supplements Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Increasing Consumer Preference for Preventive Health
- 5.1.2 Rising Popularity of Supplements in Gummy Form Among Adults
5.2 Market Restraint
- 5.2.1 Side Effects Associated with Over Consumption
5.3 Market Opportunities
- 5.3.1 Product Innovations
5.4 Future Trends
- 5.4.1 Surge in Demand for Plant-Based Supplements
- 5.4.2 Influence of Social Media
5.5 Impact Analysis of Drivers and Restraints

6. Gummy Supplements - Global Market Analysis

6.1 Gummy Supplements Market Overview
6.2 Gummy Supplements Market -Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning

7. Global Gummy Supplements Market Analysis - By Type

7.1 Overview
7.2 Gummy Supplements Market, By Type (2020 and 2028)
7.3 Digestive Health
- 7.3.1 Overview
- 7.3.2 Digestive Health: Gummy Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Immune Health
- 7.4.1 Overview
- 7.4.2 Immune Health: Gummy Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Brain Health
- 7.5.1 Overview
- 7.5.2 Brain Health: Gummy Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Skin Health
- 7.6.1 Overview
- 7.6.2 Skin Health: Gummy Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.7 Multivitamins
- 7.7.1 Overview
- 7.7.2 Multivitamins: Gummy Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.8 Single Vitamin
- 7.8.1 Overview
- 7.8.2 Single Vitamin: Gummy Supplements Market - Revenue and Forecast to 2028 (US$ Million)
7.9 Others
- 7.9.1 Overview
- 7.9.2 Others: Gummy Supplements Market - Revenue and Forecast to 2028 (US$ Million)

8. Gummy Supplements Market Analysis - By End User

8.1 Overview
8.2 Gummy Supplements Market, By End User (2020 and 2028)
8.3 Adults
- 8.3.1 Overview
- 8.3.2 Adults: Gummy Supplements Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Kids
- 8.4.1 Overview
- 8.4.2 Kids: Gummy Supplements Market - Revenue and Forecast to 2028 (US$ Million)

9. Gummy Supplements Market Analysis - By Distribution Channel

9.1 Overview
9.2 Gummy Supplements Market, By Distribution Channel (2020 and 2028)
9.3 Supermarkets & Hypermarkets
- 9.3.1 Overview
- 9.3.2 Supermarkets & Hypermarkets: Gummy Supplements Market- Revenue and Forecast to 2028 (US$ Million)
9.4 Specialty Stores
- 9.4.1 Overview
- 9.4.2 Specialty Stores: Gummy Supplements Market- Revenue and Forecast to 2028 (US$ Million)
9.5 Online Retail
- 9.5.1 Overview
- 9.5.2 Online Retail: Gummy Supplements Market- Revenue and Forecast to 2028 (US$ Million)
9.6 Others
- 9.6.1 Overview
- 9.6.2 Others: Gummy Supplements Market- Revenue and Forecast to 2028 (US$ Million)

10. Gummy Supplements Market - Geographic Analysis

10.1 Overview
10.2 North America Gummy Supplements Market Revenue and Forecasts to 2028
- 10.2.1 North America Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
- 10.2.2 North America Gummy Supplements Market Breakdown by Type
- 10.2.3 North America Gummy Supplements Market Breakdown by End User
- 10.2.4 North America Gummy Supplements Market Breakdown by Distribution Channel
- 10.2.5 North America Gummy Supplements Market Breakdown, by Key Countries
  - 10.2.5.1 US Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
    - 10.2.5.1.1 US Gummy Supplements Market Breakdown by Type
    - 10.2.5.1.2 US Gummy Supplements Market Breakdown by End User
    - 10.2.5.1.3 US Gummy Supplements Market Breakdown by Distribution Channel
  - 10.2.5.2 Canada Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
    - 10.2.5.2.1 Canada Gummy Supplements Market Breakdown by Type
    - 10.2.5.2.2 Canada Gummy Supplements Market Breakdown by End User
    - 10.2.5.2.3 Canada Gummy Supplements Market Breakdown by Distribution Channel
  - 10.2.5.3 Mexico Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
    - 10.2.5.3.1 Mexico Gummy Supplements Market Breakdown by Type
    - 10.2.5.3.2 Mexico Gummy Supplements Market Breakdown by End User
    - 10.2.5.3.3 Mexico Gummy Supplements Market Breakdown by Distribution Channel
10.3 Europe Gummy Supplements Market Revenue and Forecasts to 2028
- 10.3.1 Europe Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
- 10.3.2 Europe Gummy Supplements Market Breakdown by Type
- 10.3.3 Europe Gummy Supplements Market Breakdown by End User
- 10.3.4 Europe Gummy Supplements Market Breakdown by Distribution Channel
- 10.3.5 Europe Gummy Supplements Market Breakdown, by Key Countries
  - 10.3.5.1 Germany Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
    - 10.3.5.1.1 Germany Gummy Supplements Market Breakdown by Type
    - 10.3.5.1.2 Germany Gummy Supplements Market Breakdown by End User
    - 10.3.5.1.3 Germany Gummy Supplements Market Breakdown by Distribution Channel
  - 10.3.5.2 UK Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
    - 10.3.5.2.1 UK Gummy Supplements Market Breakdown by Type
    - 10.3.5.2.2 UK Gummy Supplements Market Breakdown by End User
    - 10.3.5.2.3 UK Gummy Supplements Market Breakdown by Distribution Channel
  - 10.3.5.3 France Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
    - 10.3.5.3.1 France Gummy Supplements Market Breakdown by Type
    - 10.3.5.3.2 France Gummy Supplements Market Breakdown by End User
    - 10.3.5.3.3 France Gummy Supplements Market Breakdown by Distribution Channel
  - 10.3.5.4 Italy Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
    - 10.3.5.4.1 Italy Gummy Supplements Market Breakdown by Type
    - 10.3.5.4.2 Italy Gummy Supplements Market Breakdown by End User
    - 10.3.5.4.3 Italy Gummy Supplements Market Breakdown by Distribution Channel
  - 10.3.5.5 Spain Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
    - 10.3.5.5.1 Spain Gummy Supplements Market Breakdown by Type
    - 10.3.5.5.2 Spain Gummy Supplements Market Breakdown by End User
    - 10.3.5.5.3 Spain Gummy Supplements Market Breakdown by Distribution Channel
  - 10.3.5.6 Rest of Europe Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
    - 10.3.5.6.1 Rest of Europe Gummy Supplements Market Breakdown by Type
    - 10.3.5.6.2 Rest of Europe Gummy Supplements Market Breakdown by End User
    - 10.3.5.6.3 Rest of Europe Gummy Supplements Market Breakdown by Distribution Channel
10.4 Asia Pacific Gummy Supplements Market Revenue and Forecasts to 2028
- 10.4.1 Asia Pacific Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
- 10.4.2 Asia Pacific Gummy Supplements Market Breakdown by Type
- 10.4.3 Asia Pacific Gummy Supplements Market Breakdown by End User
- 10.4.4 Asia Pacific Gummy Supplements Market Breakdown by Distribution Channel
- 10.4.5 Asia Pacific Gummy Supplements Market Breakdown, by Key Countries
  - 10.4.5.1 China Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
    - 10.4.5.1.1 China Gummy Supplements Market Breakdown by Type
    - 10.4.5.1.2 China Gummy Supplements Market Breakdown by End User
    - 10.4.5.1.3 China Gummy Supplements Market Breakdown by Distribution Channel
  - 10.4.5.2 Japan Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
    - 10.4.5.2.1 Japan Gummy Supplements Market Breakdown by Type
    - 10.4.5.2.2 Japan Gummy Supplements Market Breakdown by End User
    - 10.4.5.2.3 Japan Gummy Supplements Market Breakdown by Distribution Channel
  - 10.4.5.3 India Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
    - 10.4.5.3.1 India Gummy Supplements Market Breakdown by Type
    - 10.4.5.3.2 India Gummy Supplements Market Breakdown by End User
    - 10.4.5.3.3 India Gummy Supplements Market Breakdown by Distribution Channel
  - 10.4.5.4 Australia Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
    - 10.4.5.4.1 Australia Gummy Supplements Market Breakdown by Type
    - 10.4.5.4.2 Australia Gummy Supplements Market Breakdown by End User
    - 10.4.5.4.3 Australia Gummy Supplements Market Breakdown by Distribution Channel
  - 10.4.5.5 South Korea Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
    - 10.4.5.5.1 South Korea Gummy Supplements Market Breakdown by Type
    - 10.4.5.5.2 South Korea Gummy Supplements Market Breakdown by End User
    - 10.4.5.5.3 South Korea Gummy Supplements Market Breakdown by Distribution Channel
  - 10.4.5.6 Rest of Asia Pacific Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
    - 10.4.5.6.1 Rest of Asia Pacific Gummy Supplements Market Breakdown by Type
    - 10.4.5.6.2 Rest of Asia Pacific Gummy Supplements Market Breakdown by End User
    - 10.4.5.6.3 Rest of Asia Pacific Gummy Supplements Market Breakdown by Distribution Channel
10.5 Middle East & Africa Gummy Supplements Market Revenue and Forecasts to 2028
- 10.5.1 Middle East & Africa Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
- 10.5.2 Middle East & Africa Gummy Supplements Market Breakdown by Type
- 10.5.3 Middle East & Africa Gummy Supplements Market Breakdown by End User
- 10.5.4 Middle East & Africa Gummy Supplements Market Breakdown by Distribution Channel
- 10.5.5 Middle East & Africa Gummy Supplements Market Breakdown, by Key Countries
  - 10.5.5.1 South Africa Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
    - 10.5.5.1.1 South Africa Gummy Supplements Market Breakdown by Type
    - 10.5.5.1.2 South Africa Gummy Supplements Market Breakdown by End User
    - 10.5.5.1.3 South Africa Gummy Supplements Market Breakdown by Distribution Channel
  - 10.5.5.2 Saudi Arabia Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
    - 10.5.5.2.1 Saudi Arabia Gummy Supplements Market Breakdown by Type
    - 10.5.5.2.2 Saudi Arabia Gummy Supplements Market Breakdown by End User
    - 10.5.5.2.3 Saudi Arabia Gummy Supplements Market Breakdown by Distribution Channel
  - 10.5.5.3 UAE Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
    - 10.5.5.3.1 UAE Gummy Supplements Market Breakdown by Type
    - 10.5.5.3.2 UAE Gummy Supplements Market Breakdown by End User
    - 10.5.5.3.3 UAE Gummy Supplements Market Breakdown by Distribution Channel
  - 10.5.5.4 Rest of Middle East & Africa Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
    - 10.5.5.4.1 Rest of Middle East & Africa Gummy Supplements Market Breakdown by Type
    - 10.5.5.4.2 Rest of Middle East & Africa Gummy Supplements Market Breakdown by End User
    - 10.5.5.4.3 Rest of Middle East & Africa Gummy Supplements Market Breakdown by Distribution Channel
10.6 South & Central America Gummy Supplements Market Revenue and Forecasts to 2028
- 10.6.1 South & Central America Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
- 10.6.3 South & Central America Gummy Supplements Market Breakdown by Type
- 10.6.4 South & Central America Gummy Supplements Market Breakdown by End User
- 10.6.5 South & Central America Gummy Supplements Market Breakdown by Distribution Channel
- 10.6.6 South & Central America Gummy Supplements Market Breakdown, by Key Countries
  - 10.6.6.1 Brazil Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
    - 10.6.6.1.1 Brazil Gummy Supplements Market Breakdown by Type
    - 10.6.6.1.2 Brazil Gummy Supplements Market Breakdown by End-User
    - 10.6.6.1.3 Brazil Gummy Supplements Market Breakdown by Distribution Channel
  - 10.6.6.2 Argentina Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
    - 10.6.6.2.1 Argentina Gummy Supplements Market Breakdown by Type
    - 10.6.6.2.2 Argentina Gummy Supplements Market Breakdown by End User
    - 10.6.6.2.3 Argentina Gummy Supplements Market Breakdown by Distribution Channel
  - 10.6.6.3 Rest of South & Central America Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)
    - 10.6.6.3.1 Rest of South & Central America Gummy Supplements Market Breakdown by Type
    - 10.6.6.3.2 Rest of South & Central America Gummy Supplements Market Breakdown by End User
    - 10.6.6.3.3 Rest of South & Central America Gummy Supplements Market Breakdown by Distribution Channel

11. Impact of COVID-19 Pandemic on Global Gummy Supplements Market

11.1 North America: Impact Assessment of COVID-19 Pandemic
11.2 Europe: Impact Assessment of COVID-19 Pandemic
11.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11.4 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
11.5 South and Central America: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition

13. Company Profiles

13.1 Bayer AG
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Church & Dwight, Inc.
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 Pharmavite LLC
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 Herbaland Naturals Inc.
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 Jarrow Formulas, Inc
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 Life Science Nutritionals
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 Nature's Bounty
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
13.8 Nature's Way Products, LLC
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
13.9 The Clorox Company
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
13.10 Zanon Vitamec
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners
14.2 Word Index