Gummy Supplements Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2022-2029
Gummy Supplements Market is Booming
The gummy supplements market is booming. Gummy supplements are chewable, candy-like supplements that are often made with natural ingredients and flavors. They are a popular way to take supplements because they are easy to swallow and can be enjoyed by people of all ages.
The gummy supplements market is expected to grow at a CAGR of 7.66% from 2022 to 2028. This growth is being driven by several factors, including the increasing demand for convenient and easy-to-take supplements, the growing popularity of natural and organic products, and the rising disposable incomes of consumers.
The gummy supplements market is segmented by product type, distribution channel, and region. By product type, the market is segmented into vitamins, minerals, herbs and botanicals, and others. Vitamins are the largest segment of the market, followed by minerals. By distribution channel, the market is segmented into offline and online channels. The online channel is the fastest-growing segment of the market, driven by the increasing popularity of e-commerce. By region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the largest market for gummy supplements, followed by Europe.
The key players in the gummy supplements market include Nature’s Way, Vitafusion, Rainbow Light, Schiff Vitamins, and Jamieson Vitamins. These companies are investing in research and development to develop new and innovative gummy supplements. They are also expanding their distribution channels to reach a wider audience.
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The growth of the gummy supplements market presents several opportunities for businesses. Companies can capitalize on this growth by developing new and innovative gummy supplements, expanding their distribution channels, and investing in marketing and branding.
North America Gummy Supplements Market: Store based segment accounted for the larger market share in 2018, this market is expected to reach usd 2270.30 million in 2025 from usd 1319.70 million in 2018. this market is projected to grow at a cagr of 8.12% during the forecast period from 2019 – 2025. however, non store based segment is the fastest growing market, which is expected to grow at a cagr of 9.14% during the forecast period 2019 – 2025.
North America Gummy Supplements Market By Product Type Forecast (2017-2025) : Market
Vitamins segment accounted for the largest market share in 2018, this market is expected to reach usd 2178.40 million in 2025 from usd 1234.10 million in 2018. this market is projected to grow at a cagr of 8.51% during the forecast period from 2019 – 2025. however, blends segment is the fastest growing market, which is expected to grow at a cagr of 9.12% during the forecast period 2019 – 2025.
North America Gummy Supplements Market By End User Forecast (2017-2025): Adults segment accounted for the larger market share in 2018, this market is expected to reach usd 2014.00 million in 2025 from usd 1158.90 million in 2018. this market is projected to grow at a cagr of 8.26% during the forecast period from 2019 – 2025. however, kids’ segment is the fastest growing market, which is expected to grow at a cagr of 8.48% during the forecast period 2019 – 2025.
North America Gummy Supplements Market Forecast (2017-2025) : United states accounted for the largest market share in 2018 in the north america gummy supplements market, and is expected to reach usd 2215.00 million in 2025 from usd 1276.00 million in 2018. however, canada is the fastest
Here are some of the key trends in the gummy supplements market:
The increasing demand for convenient and easy-to-take supplements
The growing popularity of natural and organic products
The rising disposable incomes of consumers
The increasing popularity of e-commerce
The growing focus on health and wellness
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