Gummy Market Size Worth $ 53.61 Billion By 2032 | CAGR: 10.2%

The global gummy market size is expected to reach USD 53.61 billion by 2032, according to a new study by Polaris Market Research. The report “Gummy Market Share, Size, Trends, Industry Analysis Report, By Product (Vitamins, Minerals, Carbohydrates, Omega Fatty Acids, Proteins & Amino Acids, Probiotics & Prebiotics, Dietary Fibers, CBD/CBN, Psilocybin/Psychedelic Mushroom, Melatonin, Others), By Ingredient, By End Use, By Distribution Channel, By Region, And Segment Forecasts, 2024-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The growth of the gummy market is fueled by several factors, including increased interest in functional and fortified gummies, a wide range of flavors appealing to consumers seeking taste and health benefits, and a growing preference for natural products. Additionally, the rising interest in vegan gummies is projected to bolster demand in the forecast period. Moreover, gummies serve as a convenient and user-friendly format for administering various active ingredients, such as vitamins, minerals, and supplements, thus amplifying their popularity as a delivery method and driving growth in the global gummy industry.

Consumers now seek products that not only tantalize their taste buds but also confer additional health advantages. This inclination is particularly evident in the gummy sector, where consumers are actively pursuing functional and fortified options containing vitamins, minerals, and other essential nutrients. The escalating demand for such gummies can be attributed to the expanding awareness surrounding the significance of maintaining optimal health through balanced nutrition. Individuals are increasingly educating themselves about the nutrients essential for their well-being and are seeking convenient and pleasurable means to supplement their diets.

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Increased awareness of veganism, coupled with the introduction of vegan gummies and brand campaigns by supplement manufacturers, has fueled the expansion of the adult gummies market. These gummies, devoid of animal-derived ingredients, cater to individuals adhering to a vegan diet. The surge in demand for vegan items has facilitated market growth and enabled health-conscious adults embracing a plant-based lifestyle to access a broader range of options. For instance, in December 2023, OGeez! Introduced two new products, namely, The Naturals (a rosin-based vegan gummy) & The Big OGeez!

Gummy supplements represent a novel and innovative product within the supplement industry, gaining popularity due to their distinctive texture and flavor, which appeals to consumers seeking novelty. Resembling candies, gummy supplements are fortified with essential nutrients and often feature natural fruit flavors and sweeteners, enhancing their palatability compared to conventional capsules or tablets. They are particularly attractive to individuals, both children and adults, who struggle with swallowing pills. Originally designed for adults averse to pill consumption, gummy supplements have gained traction among diverse

Gummy Market Report Highlights

• In 2023, the vitamin gummies segment dominated the largest market share, owing to a rise in multi-vitamin deficiencies and an essential dietary intake.
• The kids’ segment is anticipated to witness the fastest CAGR during the forecast period. Gummy vitamins are easy to chew and swallow, making them suitable for young children who may struggle with swallowing pills or tablets. Their convenient format allows parents to provide supplements to their children without the need for water or food.
• In 2023, North America accounted for the largest global market, primarily due to the rise in demand for fortified gummies and the large population of health-conscious consumers who prioritize convenience and taste.
• The global players include AJES Pharmaceuticals, Amapharm, Better Nutritionals, Bettera Brands, Boscogen, Lactonova, Lexicare Pharma, & Vitakem Nutraceutical.

Polaris Market Research has segmented the gummy market report based on product, ingredient, end use, distribution channel, and region:

Gummy, Product Outlook (Revenue - USD Billion, 2019- 2032)

• Vitamins
• Minerals
• Carbohydrates
• Omega Fatty Acids
• Proteins & Amino Acids
• Probiotics & Prebiotics
• Dietary Fibers
• CBD/CBN
• Psilocybin/Psychedelic Mushroom
• Melatonin
• Others

Gummy, Ingredient Outlook (Revenue - USD Billion, 2019- 2032)

• Gelatin
• Plant-based Gelatin substitutes

Gummy, End Use Outlook (Revenue - USD Billion, 2019- 2032)

• Men
• Women
• Pregnant Women
• Geriatric
• Kids

Gummy, Distribution Channel Outlook (Revenue - USD Billion, 2019- 2032)

• Offline
  • Hypermarkets/Supermarkets
  • Pharmacies
  • Specialty Stores
  • Others
• Online

Gummy, Regional Outlook (Revenue - USD Billion, 2019- 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands
• Rest or Europe

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia
• Australia
• Rest of APAC

• Latin America

• Argentina
• Brazil
• Mexico
• Rest of LA

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa
• Rest of MEA

Gummy market Report Scope