Gummy Supplements Market to Surpass 10.2 Billion by 2030 Drives Due to the Rising Demand for Gummy Supplements for Children
Research Reports
Aug 16, 2023
Market Research Future Insights
According to MRFR analysis, the global gummy supplements market is expected to register a CAGR of 9.17% from 2022 to 2030 and hold a value of over USD 10.2 billion by 2030.
The Sweet Advantages of Gummy Supplements
What sets gummy supplements apart is not just their delectable taste, but also their ease of consumption. They are a game-changer for children and adults alike, making the experience of taking supplements an enjoyable part of the day rather than a chore. The playful and colorful appearance of gummies adds an element of fun that resonates with all age groups.
Beyond their delightful taste and appearance, gummy supplements are formulated to deliver essential nutrients in a format that is readily absorbed by the body. This ensures that individuals receive the full benefits of the ingredients, supporting their overall health and well-being.
Covid-19 Impact
The COVID-19 pandemic had significant impacts on the Global Gummy Supplements Market. Increased demand for gummy supplements as consumers became more health-conscious and sought ways to boost their immunity. Rising interest in vitamins C and D, as well as zinc, which are believed to help support the immune system, drove sales of gummy supplements containing these nutrients.
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Key Players
Some of the key market players are:
- Olly Public Benefit Corporation
- Herbaland Naturals Inc.
- Zanon Vitamec Inc.
- Nature’s Way Products LLC
- Sofigel
- Boscogen Inc
- The Clorox Company
Market Segmentation
The global gummy supplements market has been segmented into type, end-uses and end-user.
Based on the type, the market has been segmented into vitamins, minerals, omega fatty acids, proteins and blends.
Based on the end-uses, the market has been segmented into store-based and non-store-based.
Based on the end-user, the market has been segmented into adults and kids.
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Regional Analysis
North America is currently the largest region in the Global Gummy Supplements Market, accounting for a significant share of the market’s revenue. The region’s dominance is primarily driven by high consumer awareness of health and wellness, a strong inclination towards preventive healthcare, and the availability of a broad range of gummy supplements.
The United States is the largest market in North America, accounting for the majority of the revenue in the region. The demand for gummy supplements in the US is driven by factors such as the aging population, the increasing prevalence of chronic diseases, and the rising awareness of the health benefits of supplements.
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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
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