Global Gummy Vitamins Market
The global gummy vitamins market size is estimated to be valued at USD 5.9 billion in 2020 and is projected to reach USD 10.6 billion by 2027, recording a CAGR of 12.5%.
Gummy vitamins are vitamins that look like candies but are actually nutrient-rich chewable dietary supplements. These gummy vitamins are chewed by children who are reluctant to take medications. Adults, however, have begun to use them as well. Because gummy vitamins have so many benefits, many working-class people are taking them more frequently. In the market, there are many different types of gummy vitamins in various flavors and nutrients. Gummy vitamins are more appealing than multivitamin tablets. Natural flavours are available in a variety of options for men and women.
Drivers: Growing consumer demand for gummy vitamins due to their variety of taste and shape, rising cases of undernourishment and malnutrition in developing countries, and the introduction of new organic formulated gummy vitamins by major key players are all contributing to market growth. Furthermore, during the forecast period, an increasing interest in extending the life expectancy of these vitamins and prenatal vitamin products used by women during pregnancy is expected to have an equal impact on overall market growth.
Restraints: The low availability of raw materials for naturally-sourced vitamins, which results in higher production costs for naturally-sourced vitamins than synthetic vitamins, is one of the key factors that has led to the increased popularity of synthetic vitamins among gummy vitamin manufacturers.
Impact of Covid-19
Due to the uncertain pandemic circumstances that occurred around the world, the global market has been moderately impacted. COVID-19 has had an impact on the final product supply chain as well as the availability of raw material ingredients. Because of the concentration of several key players operating here, the North American region, followed by Europe and Asia Pacific, plays a critical role in the gummy vitamins market. Because of the COVID-19 lockdown and restrictions, the supply from these regions is hampered, limiting the movement of goods. However, it is expected that regional consumption will increase, particularly as sales in supermarkets and hypermarkets increase.
Competitive Landscape: The key players of Global Gummy Vitamins Market are Church & Dwight Co. Inc. (US), Life Science Nutritionals (Canada), Bettera Brands LLC (US), The Clorox Company (US), Softigel (US), Nature's Way Products, LLC (US), Zanon Vitamec Inc. (US), Olly Public Benefit Corporation (US), Herbaland Naturals Inc. (Canada), and Hero Nutritionals, LLC (US).
Industrial Developments
Market Taxonomy
By Product type
By Source
By Packaging type
By Distribution channel
By End-users
By Region
Key Questions Addressed by the Report
Global Gummy Vitamins Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Gummy Vitamins Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Gummy Vitamins Market, By Product type
5.1 Y-o-Y Growth Comparison, By Product type
5.2 Gummy Vitamins Market Share Analysis, By Product type
5.3 Gummy Vitamins Market Size and Forecast, By Product type
5.3.1 Single vitamin
5.3.2 Multivitamin
6 Gummy Vitamins Market, By Source
6.1 Y-o-Y Growth Comparison, By Source
6.2 Gummy Vitamins Market Share Analysis, By Source
6.3 Gummy Vitamins Market Size and Forecast, By Source
6.3.1 Plant
6.3.2 Animal
7 Gummy Vitamins Market, By Packaging Type
7.1 Y-o-Y Growth Comparison, By Packaging Type
7.2 Gummy Vitamins Market Share Analysis, By Packaging Type
7.3 Gummy Vitamins Market Size and Forecast, By Packaging Type
7.3.1 Bottles and jars
7.3.2 Pouches
8 Gummy Vitamins Market, By Distribution channel
8.1 Y-o-Y Growth Comparison, By Distribution channel
8.2 Gummy Vitamins Market Share Analysis, By Distribution channel
8.3 Gummy Vitamins Market Size and Forecast, By Distribution channel
8.3.1 Store-based
8.3.2 Online
9 Gummy Vitamins Market, By End-users
9.1 Y-o-Y Growth Comparison, By End-users
9.2 Gummy Vitamins Market Share Analysis, By End-users
9.3 Gummy Vitamins Market Size and Forecast, By End-users
9.3.1 Adult
9.3.2 Children
8 Gummy Vitamins Market, By Region
8.1 Gummy Vitamins Market Share Analysis, By Region
8.2 Gummy Vitamins Market Size and Forecast, By Region
8.3 Gummy Vitamins Market Size and Forecast, By Region
9 North America Gummy Vitamins Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 North America Gummy Vitamins Market Share Analysis, By Product type
9.3 North America Gummy Vitamins Market Size and forecast, By Source
9.4 North America Gummy Vitamins Market Size and forecast, By Packaging Type
9.5 North America Gummy Vitamins Market size and forecast, By Distribution channel
9.6 North America Gummy Vitamins market size and forecast, By End-users
9.7 North America Gummy Vitamins Market Size and Forecast, By Country
9.7.1 U.S.
9.7.2 Canada
9.7.3 Mexico
10 Europe Gummy Vitamins Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Europe Gummy Vitamins Market Share Analysis, By Product type
10.3 Europe Gummy Vitamins Market Size and Forecast, By Source
10.4 Europe Gummy Vitamins Market Size and forecast, By Packaging Type
10.5 Europe Gummy Vitamins Market size and forecast, By Distribution channel
10.6 Europe Gummy Vitamins Market size and forecast, By End-users
10.7 Europe Gummy Vitamins Market Size and Forecast, By Country
10.7.1 Germany
10.7.2 France
10.7.3 UK
10.7.4 Rest of Europe
11 Asia Pacific Gummy Vitamins Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Asia Pacific Gummy Vitamins Market Share Analysis, By Product type
11.3 Asia Pacific Gummy Vitamins Market Size and Forecast, by Source
11.4 Asia Pacific Gummy Vitamins Market size and forecast, By Packaging Type
11.5 Asia Pacific Gummy Vitamins market size and forecast, By Distribution channel
11.6 Asia Pacific Gummy Vitamins market size and forecast, By End-users
11.7 Asia Pacific Gummy Vitamins Market Size and Forecast, By Country
11.7.1 China
11.7.2 Japan
11.7.3 India
11.7.4 Rest of Asia Pacific
12 Latin America Gummy Vitamins Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Latin America Gummy Vitamins Market Share Analysis, By Product type
12.3 Latin America Gummy Vitamins Market Size and Forecast, By Source
12.4 Latin America Gummy Vitamins Market Size and Forecast, By Packaging Type
12.5 Latin America Gummy Vitamins market size and forecast, By Distribution channel
12.6 Latin America Gummy Vitamins market size and forecast, by End-users
12.7 Latin America Gummy Vitamins Market Size and Forecast, Country
12.7.1. Brazil
12.7.2. Rest of Latin America
13 Middle East Gummy Vitamins Market Analysis and Forecast (2021-2027)
13.1 Introduction
13.2 Middle East Gummy Vitamins Market Share Analysis, By Product type
13.3 Middle East Gummy Vitamins Market Size and forecast, by Source
13.4 Middle East Gummy Vitamins Market Size and Forecast, by Packaging Type
13.5 Middle East Gummy Vitamins market size and Forecast, By Distribution channel
13.6 Middle East Gummy Vitamins market size and forecast, By End-users
13.7 Middle East Gummy Vitamins Market Size and Forecast, By Country
13.7.1. Saudi Arabia
13.7.2. UAE
13.7.3. Egypt
13.7.4 Kuwait
13.7.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Church & Dwight Co. Inc. (US)
15.1.1 Overview
15.1.2 Product Categorys
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Life Science Nutritionals (Canada)
15.2.1 Overview
15.2.2 Product Categorys
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Bettera Brands LLC (US)
15.3.1 Overview
15.3.2 Product Categories
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 The Clorox Company (US)
15.4.1 Overview
15.4.2 Product Categorys
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Hero Nutritionals, LLC (US)
15.5.1 Overview
15.5.2 Product Categorys
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
