Gummy Supplements Market Trends, Top Companies, Growth Drivers, and Forecast 2028

The global gummy supplement market size is projected to reach USD 48.5 billion by 2028 from USD 24.6 billion by 2023, at a CAGR of 14.5% during the forecast period in terms of value. An increase in diseases, disposable incomes, and awareness of fortified food products is driving the gummy supplements market.  The chewy texture of gummies is a distinctive feature that appeals to individuals of all age groups, making them an attractive product for consumption. Gummies are a tasty and enjoyable delight to eat because of their appealing soft, spongy texture. Gummies are a simple and portable supplement option because they are frequently provided in small, sealed packets or containers. They are a well-liked option for time-pressed consumers searching for a quick and delectable treat because they are simple to transport and enjoy when traveling.

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Hypermarkets and Supermarkets are popular places to Find Gummy Supplements

Hypermarkets and supermarkets typically offer a wide variety of gummy supplements, which are becoming increasingly popular due to their ease of consumption and pleasant taste. In hypermarkets and supermarkets, a range of gummy supplements targeted towards different age groups, genders, and health needs are made available. For example, there are gummy supplements for children that contain vitamins and minerals to support their growth and development, as well as gummy supplements for adults that may contain ingredients to support immune health, energy levels, or joint health.

In North America, hypermarkets and supermarkets are a popular place to find gummy supplements from large retailers like Walmart, Target, and Costco who have a wide variety of gummy supplements available in their health and wellness sections. These supplements are sold under the retailers own private label brand or under well-known supplement brands. There is a growing awareness and interest in health and wellness in North America, and gummy supplements are seen as a convenient and accessible way to support overall health and wellbeing, which contributes to the popularity of gummy supplements in North America.

The kids segment is projected to grow at the fastest rate among all the other end-users in the Gummy Supplements market in 2023

Gummy supplements have grown in popularity as a convenient way to provide kids with the vitamins and minerals they require without having to consume a range of foods. Gummy supplements meet the changing demands of children. They supply comprehensive nourishment in an uncomplicated way to the kids. They are superior to normal vitamins and more appealing to capture kids' interest and make them easier to ingest. Unlike tablets or pills, gummies are easier for kids to swallow since they are shaped like sweets. Additionally, according to the scientific article titled “Intraindividual double burden of overweight and micronutrient deficiencies or anemia among preschool children”, published in 2020, an estimated 29% of preschool children worldwide are vitamin A deficient, 18% are anemic, and 17% are at danger of low zinc intake. Thus, the soaring rates of micronutrient deficiencies can be reduced with the help of gummy supplements, augmenting its market growth.

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US is one of the Major Market for Gummy Supplement in North America

The United States is one of the largest markets for gummy supplements in North America. The popularity of gummy supplements has increased significantly in recent years due to various factors, including the rising incidences of vitamin deficiencies, increasing demand for vitamin C and D supplements, and the need for personalized supplement solutions. Gummy supplements are a convenient and tasty way to supplement vitamin deficiencies and support health and wellness goals.

The availability of various types of gummy supplements, such as multivitamin gummies, vitamin C gummies, vitamin D gummies, and probiotic gummies, is driving the growth of the gummy supplements market in the United States. These supplements are popular among individuals of all age groups, including children and adults, due to their delicious taste and ease of consumption.

The key players in this market include GSK PLC. (UK), Church & Dwight CO., INC. (US), H&H Group (Hong Kong), Amway (US), Procaps Group(Luxembourg), The Clorox Company (US), Bayer AG (Germany), Haleon Group of Companies (UK), Catalent, Inc. (US), Nestle (Switzerland), Unilever (UK). in sugar substitutes market include International Flavors & Fragrances Inc. (US), ADM (US), Tate & Lyle (UK), Ingredion (US), and Cargill, Incorporated (US).

Gummy Supplements Market Will Hit Big Revenues In Future

The global gummy supplements market is projected to reach USD 48.5 billion by 2028, at a CAGR of 14.5% over the forecast period. It is estimated to be valued at USD 24.6 billion in 2023. With the rise in the per capita income of the population, consumers are becoming more health-conscious and are seeking convenient and enjoyable ways to supplement their diets. Asia has a growing middle-class population, which is consequently increasing buying power worldwide. According to the OECD, the continent’s share of total middle-class consumer spending worldwide may escalate to 59% by 2030. Thus, the ascending middle-class population coupled with an increase in consumer spending capability is fueling the demand for convenient and tasty ways to supplement their diets, which in turn creates demand for sweet and chewy foods in the region.

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The kids segment is projected to grow at the fastest rate among all the other end-users in the Gummy Supplements market in 2023

Gummy supplements have grown in popularity as a convenient way to provide kids with the vitamins and minerals they require without having to consume a range of foods. Gummy supplements meet the changing demands of children. They supply comprehensive nourishment in an uncomplicated way to the kids. They are superior to normal vitamins and more appealing to capture kids' interest and make them easier to ingest. Unlike tablets or pills, gummies are easier for kids to swallow since they are shaped like sweets. Additionally, according to the scientific article titled “Intraindividual double burden of overweight and micronutrient deficiencies or anemia among preschool children”, published in 2020, an estimated 29% of preschool children worldwide are vitamin A deficient, 18% are anemic, and 17% are at danger of low zinc intake. Thus, the soaring rates of micronutrient deficiencies can be reduced with the help of gummy supplements, augmenting its market growth.

Hypermarkets and Supermarkets are a Popular Places to Find Gummy Supplements

Hypermarkets and supermarkets typically offer a wide variety of gummy supplements, which are becoming increasingly popular due to their ease of consumption and pleasant taste. In hypermarkets and supermarkets, a range of gummy supplements targeted towards different age groups, genders, and health needs are made available. For example, there are gummy supplements for children that contain vitamins and minerals to support their growth and development, as well as gummy supplements for adults that may contain ingredients to support immune health, energy levels, or joint health.

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US is one of the Major Market for Gummy Supplement in North America

The United States is one of the largest markets for gummy supplements in North America. The popularity of gummy supplements has increased significantly in recent years due to various factors, including the rising incidences of vitamin deficiencies, increasing demand for vitamin C and D supplements, and the need for personalized supplement solutions. Gummy supplements are a convenient and tasty way to supplement vitamin deficiencies and support health and wellness goals.

The key players in this market include GSK PLC. (UK), Church & Dwight CO., INC. (US), H&H Group (Hong Kong), Amway (US), Procaps Group(Luxembourg), The Clorox Company (US), Bayer AG (Germany), Haleon Group of Companies (UK), Catalent, Inc. (US), Nestle (Switzerland), Unilever (UK). in sugar substitutes market include International Flavors & Fragrances Inc. (US), ADM (US), Tate & Lyle (UK), Ingredion (US), and Cargill, Incorporated (US).

Gummy Supplements Market to Record Steady Growth by 2028

The gummy supplements marketis projected to reach USD 48.5 billion by 2028 growing at a CAGR of 14.5% from 2023 to 2028. An increase in diseases, disposable incomes, and awareness of fortified food products is driving the gummy supplements market. The chewy texture of gummies is a distinctive feature that appeals to individuals of all age groups, making them an attractive product for consumption. Gummies are a tasty and enjoyable delight to eat because of their appealing soft, spongy texture. Gummies are a simple and portable supplement option because they are frequently provided in small, sealed packets or containers. They are a well-liked option for time-pressed consumers searching for a quick and delectable treat because they are simple to transport and enjoy when traveling.

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Based on type, the gummy supplements market is segmented into vitamin gummies, omega fatty acid gummies, collagen gummies, CBD gummies, and other types. Vitamin gummies have been so popular and have high demand as customers can select the precise vitamins and minerals, they require from a variety of vitamin gummy combinations. They come in multivitamin formulations as well as formulations for certain vitamins like Vitamin C, Vitamin D, etc.

By distribution channel, the online retail stores segment is anticipated to witness the fastest growth during the forecast period. More gummy supplements can be found on e-commerce platforms than at conventional retailers. Different brands, recipes, and flavors are available for consumers to compare and select from with ease. Customers may get gummy supplements whenever they want, regardless of store hours, thanks to the availability of online purchasing platforms around-the-clock. Consumers can readily compare prices from many merchants using e-commerce platforms, which may help in their search for the best offer.

By end user, the adults segment is projected to exhibit the fastest growth among all the other end users. According to the Health Survey for England 2021, 25.9% of adults in England are suffering from obesity and 37.9% of the population is under the overweight category. As gummy supplements such as fiber-containing gummies can help in weight management, the demand is likely to increase during the forecast period. To tap this growing market companies like Unilever (UK), Nestle (Switzerland), etc. have included fiber gummies in their product portfolio.

Based on region, North America is the leading region across all other regions for the gummy supplements market in 2023, with the US being the largest market in the region. According to the National Center for Health Statistics (NCHS) 2021, in the US, the prevalence of obesity was 41.9% from 2017 to March 2020. Gummies can be a great option for consumers who are looking for weight management. This will boost the demand for gummy supplements in the US. Not only obesity, but Americans are also suffering from various vitamin deficiencies, all these factors will drive the gummy supplements market.

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The key players in the gummy supplements market include GSK Pplc (UK), Haleon Group of Companies (UK), Church Dwight Co., Inc. (US), Amway (US), Bayer AG (Germany), Nestle (Switzerland), Unilever (UK), and Otsuka Pharmaceutical Co., Ltd. (Japan). The key strategies the leading market players adopted include new product launches, mergers, partnerships, and expansions. For instance, in November 2020, Unilever acquired Smartypants a U.S.‐based Vitamin, Mineral Supplement company.

Gummy Supplements Market 2023 Size, Share, Growth | Report 2028

The global Gummy supplement market is projected to reach USD 48.5 billion by 2028 from USD 24.6 billion by 2023, at a CAGR of 14.5% during the forecast period in terms of value. The World Health Organization (WHO) estimates that more than two billion people worldwide suffer from micronutrient insufficiency. Iron, vitamin A, and iodine deficiencies are the most prevalent worldwide, particularly in youngsters and pregnant women. Micronutrient deficits are disproportionately prevalent in low- and middle-income counties. Micronutrient deficiencies can induce evident and serious health issues, but they can also produce less clinically noticeable decreases in energy, mental clarity, and overall capacity. This may result in poorer academic performance, decreased productivity at work, and a higher chance of contracting other illnesses and medical disorders. A lot of these inadequacies can be avoided by taking supplements. Thus, consumers are gradually adopting gummy supplements which provide the required number of vitamins, minerals, and other micronutrients in a convenient and tasteful form.

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Drivers: Rising rate of vitamin-deficiency diseases and undernutrition

Micronutrient deficiencies impair immune systems, impede infant growth and development, and limit human potential, resulting in increased morbidity and mortality rates. Iron, vitamin A, zinc, folate, vitamin B12, vitamin D, and iodine deficiencies can all have severe health consequences, including increased susceptibility to infections, birth defects, blindness, stunted growth, cognitive impairment, poor school performance and productivity, and even death. Adolescent girls, women of reproductive age (aged 15-49 years), pregnant and lactating women, and young infants are especially vulnerable to the adverse effects of micronutrient deficiency due to high nutritional requirements. It has been demonstrated through various scientific studies that improving diets, fortifying staple foods and condiments, biofortification, and supplementation can increase the intake of micronutrients in the general population or in populations with higher needs. This can reduce the overall burden of maternal and child morbidity, impaired neurocognitive development, and mortality, associated with micro-nutrient deficiencies.

Gummy supplements like vitamins are intended to be more palatable than usual vitamin supplements offered in the form of tablets and capsules so that consumers are more likely to consume them frequently. Additionally, vitamins that are soluble, chewable, sticky, or greasepaint tend to be simpler to digest. Vitamin C and B2 (riboflavin) are the two most frequently used vitamins incorporated in multivitamin gummies.

Opportunities: Growing Gummy Supplements Market Increase in aging population

The WHO estimates that one in six individuals on the planet will be 60 years of age or older by 2030. By this point, 1.4 billion people are anticipated to be over the age of 60, up from 1 billion in 2020. The organization further estimates that between 2020 and 2050, there will be 426 million more people who are 80 years of age or elderly than there are today.

Although the shift in a nation's population distribution toward older ages began in high-income countries (for instance, in Japan, 30% of the population is already over 60 years old), the biggest shift is currently being experienced in low- and middle-income nations. Two-thirds of the world's populace over 60 are expected to reside in low- and middle-income nations by 2050. gummies are soft on the palate and easy to swallow and digest while being loaded with vitamins, minerals, and fibers. Hence, it can be projected that the growing aging population would foster the growth of the gummy supplements market.

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Gummy Supplements Market Ecosystem

Prominent companies in this market include well-established, financially stable manufacturers of gummy supplemdnts. These companies have been operating in the market for several years and possess a diversified product portfolio, state-of-the-art technologies, and strong global sales and marketing networks.

The key players in this market include GSK PLC. (UK), Church & Dwight CO., INC. (US), H&H Group (Hong Kong), Amway (US), Procaps Group(Luxembourg), The Clorox Company (US), Bayer AG (Germany), Haleon Group of Companies (UK), Catalent, Inc. (US), Nestle (Switzerland), Unilever (UK). in sugar substitutes market include International Flavors & Fragrances Inc. (US), ADM (US), Tate & Lyle (UK), Ingredion (US), and Cargill, Incorporated (US).