Global Gummy Dietary Supplements Market, By Ingredient (Vitamins, Botanicals, Minerals, Proteins and Amino Acids, Fibers and Specialty Carbohydrates, Omega Fatty Acids, Others), Application (Energy and Weight Management, General Health, Bone and Joint Health, Gastrointestinal Health, Immunity, Cardiac Health, Diabetes, Anti-Cancer, Others), End User (Adults, Geriatric, Pregnant Women, Children, Infants), Distribution Channel (Store-Based, Non Store-Based), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Gummy dietary supplements market is expected to reach USD 12.26 billion by 2028 growing at a growth rate of 8.90% in the forecast period 2021 to 2028. Increasing adoption of healthy lifestyles by consumers across the globe which will likely to act as a factor for the gummy dietary supplements market in the forecast period of 2021- 2028.
Any vitamin, mineral, added chemical substances, botanical or herbal products that are added to the diet to enhance human health can be classified as dietary supplements. They are used to add nutrients to the diet or reduce the likelihood that health conditions such as arthritis or osteoporosis will grow.
Increasing levels of disposable income of the people, rapid urbanization across the globe, rising awareness among the people regarding health issues such as such as obesity, malnutrition, and weak immune systems, surging volume of patients suffering from lifestyle related disorders, increasing prevalence of geriatric population, rising focus on quality supplements production to enhance demand are some of the major as well as vital factors which will likely to augment the growth of the gummy dietary supplements market in the projected timeframe of 2021-2028. On the other hand, rising concerns over the adverse effects of conventional medicines along with general scepticism about allopathic medicines and food fads which will further contribute by generating massive opportunities that will lead to the growth of the gummy dietary supplements market in the above mentioned projected timeframe.
Stringent government regulations along with high price of the product which will likely to act as market restraints factor for the growth of the gummy dietary supplements in the above mentioned projected timeframe. Safety, efficacy and labelling will become the biggest and foremost challenge for the growth of the market.
This gummy dietary supplements market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on gummy dietary supplements market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Gummy Dietary Supplements Market Scope and Market Size
Gummy dietary supplements market is segmented on the basis of ingredient, application, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of ingredient, the gummy dietary supplements market is segmented into vitamins, botanicals, minerals, proteins and amino acids, fibers and specialty carbohydrates, omega fatty acids, and others.
- Based on application, the gummy dietary supplements market is segmented into energy and weight management, general health, bone and joint health, gastrointestinal health, immunity, cardiac health, diabetes, anti-cancer, and others.
- Based on the end user, the gummy dietary supplements market is segmented into adults, geriatric, pregnant women, children, and infants.
- The gummy dietary supplements market is also segmented on the basis of distribution channel. The distribution channel is segmented into store-based, and non store-based. Store-based has been further segmented into supermarkets and hypermarkets, specialty stores, and others.
Gummy Dietary Supplements Market Country Level Analysis
Gummy dietary supplements market is analyses and market size, volume information is provided by country, ingredient, application, end user and distribution channel as referenced above.
The countries covered in the gummy dietary supplements market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the gummy dietary supplements market due to the increasing product use with reduced calorie level and high nutritional content along with increasing awareness regarding the advantages of nutritional products in the region while Asia-Pacific region will expect to grow in the forecast period 2021 to 2028 due to the surging levels of investment by the government for the expansion of the retail sector in the region.
The country section of the gummy dietary supplements market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Gummy Dietary Supplements Market Share Analysis
Gummy dietary supplements market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to gummy dietary supplements market.
The major players covered in the gummy dietary supplements report are Amway; Abbott.; Arkopharma; Bayer AG; Glanbia plc; Pfizer Inc.; ADM; Carlyle Investment Management L.L.C.; Nu Skin Enterprises Inc.; Herbalife International of America, Inc.; Nature's Sunshine Products, Inc.; Bionova; Ayanda; Nutraceutics Corporation; American Health; Stepan Company; DuPont; The Himalaya Drug Company.; Otsuka Pharmaceutical Co., Ltd.; Nestlé S.A.; among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.