The global gummy vitamins market size reached a value of US$6.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$8.6 Billion by 2027, exhibiting at a CAGR of 5.31% during 2022-2027.
Report Metric
Historical: 2016-2021
Base Year: 2021
Forecast Year: 2022-27
Gummy vitamins are chewable nutraceuticals with a taste and texture of gummy candies. They are made using sugar, water, gelatin, corn starch, additional colorings, and fruit and flower-based flavors. They are easy to digest and provide enhanced taste compared to conventionally used pills or capsules. Presently, they are available in various shapes, sizes, colors, and flavors that can be consumed by children and adults to increase their intake of required nutrients, such as iron, calcium, magnesium, and vitamins A, B, C, D, and E.
Gummy Vitamins Market Industry Trends and Drivers:
The increasing health concerns among individuals and the growing awareness about the benefits of incorporating dietary supplements in the daily diet to maintain a healthy lifestyle are among the key factors positively influencing the demand for gummy vitamins.
In addition, the rising adoption of vitamin C to maintain healthy skin, bones, and blood vessels and boost the immune system is contributing to the market growth. Moreover, the launch of gummy vitamins made using organic ingredients in novel flavors like raspberry, lime, pineapple, apple, and cherry is bolstering the market growth.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The report has segmented the market on the basis on type, demographics and sales channel.
Breakup by Type:
• Single Vitamin
• Multi Vitamin
• Prebiotics and Probiotics
Breakup by Demographics:
• Children
• Adult
Breakup by Sales Channel:
• Supermarkets and Hypermarkets
• Speciality Stores
• Retail Pharmacies
• Online Stores
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
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Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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