Gummy Vitamins Market

Global Gummy Vitamins Market Size (2024 to 2032)

The global gummy vitamins market size is valued at US$ 8.30 Billion in 2024 and is anticipated to increase to US$ 22.07 Billion by 2032, with a growing CAGR of 13% in the next six years.

Gummy vitamins are similar to candy but are chewy dietary supplements made up of nutrients. Initially, children who did not want to take the drug consumed jelly-like vitamins, but now adults are starting to take it too. Due to the health benefits of gummy vitamins, consumption by working-class people has increased. There are many variations of these vitamins with different flavors and nutrients on the market. They are made with the help of gelatin, cornstarch, water, sugar, and added colorings. Popular flavors available in gummy vitamins are orange, lemon, raspberry, and cheerful. They can improve health and compensate for a poor diet. Also, gelatinous vitamins are easy to chew, making them very popular with people who have a hard time swallowing pills. The impressive growth rate of the global gummy vitamins market is due to the elderly population who are beginning to realize the various benefits of these vitamins compared to pills and tablets.

Current Scenario of the Global Gummy Vitamins Market

Gummy vitamins have gained popularity as a convenient alternative to the traditional consumption of supplementation due to their palatability and enjoyability way to meet daily nutritional needs. People of all ages who face a problem with swallowing pills prefer to consume gummy vitamins to hit the nutritional balance of their bodies. Just not providing essential vitamins and minerals to the body, gummy vitamins have also come in various flavors and shapes. The United States, Canada, the UK, Germany, and Japan are the largest consumers of gummy vitamins, as these countries are popular for their widespread adoption of supplements. The U.S. witnessed exponential growth in recent years due to the boom of the health and wellness industry and the rapid shift towards natural and organic products from the U.S. population. As per the estimations, the gummy vitamins market in the U.S. will continue to thrive in the coming years due to the changing preferences in the dietary habits of the U.S. population. The global gummy vitamins segment has experienced steady growth in recent years due to factors such as increasing health consciousness among people, growing awareness of the importance of preventive healthcare, and rising for more enjoyable supplement delivery methods. In the coming years, the global gummy vitamins market is predicted to showcase promising growth owing to the increasing concerns about immune health and wellness amid the ongoing COVID-19 pandemic and rising awareness among people regarding the regular consumption of immune-boosting ingredients like vitamin C and zinc.

MARKET DRIVERS

The growing awareness of the health benefits of gummy vitamins among people and the convenience associated with gummy vitamins in satisfying the nutritional needs of the body are primarily driving the global market growth.

Gummy vitamins have several unique benefits over the larger vitamins. These are easy to swallow, digestible, and tasty. These items are especially suitable for the elderly population and children. An aging population and increased consumer awareness in developed and developing countries are key factors driving consumer preference for products containing healthy ingredients such as vitamins for the prevention or treatment of certain existing diseases. The increasing demand for these products has prompted several manufacturers to launch a variety of vitamin-infused products in the dietary supplement market. However, local and national millennials are witnessing a growing number of seniors suffering from busy work schedules and pill-taking problems. Due to these factors, consumers in the market are witnessing a great demand for practical vitamin-based products that are easy to consume and eat on the go, such as easy to chew rather than swallow. Gummy vitamins help solve these problems, and because they are chewy candies, they are not only easy to consume but also provide consumers with consumption characteristics on the go.

An increase in the demand for gummy vitamins from consumers, rising awareness of preventive treatments, the rich taste and texture of gummy vitamins, increasing cases of malnutrition in developing countries, and the arrival of new organically expressed gummy vitamins from major players are some of the notable factors propelling the growth of the gummy vitamins market worldwide. In addition, the growing interest in spreading life expectancy among people and the increased use of gummy vitamins in pregnant women has resulted in the increasing consumption of gummy vitamins and driving the global market growth. The growth of the global gummy vitamins market is also driven by factors such as growing resistance from consumers to build nutrition through capsules and tablets and increasing desire to fulfill their nutritional needs in a tasty way.

The growing demand for vitamin gummies among working professionals worldwide and increasing awareness among people of the potential benefits that vitamin gummies can offer are primarily boosting the growth of the global market. Regions such as the United States and Europe have been taking numerous initiatives to boost awareness among people regarding how significant it is to consume nutritional food and develop a strong immune system, which is paving the way for gummy vitamins and contributing to global market growth.

The growing availability of gummy vitamins in e-commerce platforms is contributing to the global market expansion. The rising trend of e-commerce and profit margins are gradually increasing due to the fact that online marketing and the operating cost of the business are low for the manufacturers of gummy vitamins. The thriving pharmaceutical sector is further boosting the growth of the global market for gummy vitamins. The invention of products that have components that support metabolic health and regulate the amount of folic acid and the glycemic index in the human body is one of the most recent trends in the global gummy vitamins market. Therefore, gummy vitamins act as a solution to low bone strength, nutritional deficiencies, immune problems, and other health concerns.

MARKET RESTRAINTS

The risks associated with the side effects of consuming excessive amounts of vitamin gummies are factors that hamper market growth during the outlook period.

Most synthetic vitamins are produced from petroleum extracts or derived from coal tar, which are used as inexpensive raw materials. Natural vitamins are popular with consumers, but they increase production costs and investments. Furthermore, the efficient supply of vitamins A and E has been hampered by operational obstacles in the availability of raw materials in recent years. There are several natural foods that provide vitamin D and increase the risk of vitamin D deficiency among consumers. These factors increase the cost of production of gelatinous vitamins. Variations in raw material availability are estimated to affect the price of gummy vitamins. Price fluctuations are a major challenge factor impeding the growth of the global gummy vitamins market.

REPORT COVERAGE

SEGMENTAL ANALYSIS      

Global Gummy Vitamins Market Analysis By Packaging Type             

By packaging type, the bottles and jars segment is estimated to account for the majority of the Gummy Vitamins market during the foreseen period. The bottles and jars, available in plastic and glass, are also easy to transport or transport.

Global Gummy Vitamins Market Analysis By End Users

According to end users, the adult segment is expected to occupy most of the European and American vitamin market by end users during the conjecture period. This is due to an increasing number of older people who are at increased risk for vitamin deficiency.

Global Gummy Vitamins Market Analysis By Distribution Channel

By distribution channel, the store-based segment is estimated to account for the majority of the market over the outlook period. The store-based sector includes hypermarkets and supermarkets, drug stores, drugstores and specialty stores, etc., and includes convenience stores, general stores, and grocery stores.

Global Gummy Vitamins Market Analysis By Source

By source, the animal sector is likely to account for the majority of the worldwide market in the coming years. Animal sources are an important source of vitamin extraction. Also, Gumi, which is made all over the world, is made from gelatin. Gelatin is an animal source that helps in the bonding process during production.

REGIONAL ANALYSIS

North America occupies a significant market share and is likely to drive growth during the foreseen period. This is mainly due to the high disposable income of people in the countries of the region, coupled with an increase in health-conscious people consuming nutrients on a daily basis in the form of dietary supplements. The Asia Pacific market is anticipated to drive the growth of the target market and record the fastest growth in the near future due to changes in eating habits, increased disposable income, and the easy availability of products in this locale.

KEY PLAYERS IN THE GLOBAL GUMMY VITAMINS MARKET

Major Key Players in the global gummy vitamins market are Nutra Solutions USA, Boli Naturals LLC, Makers Nutrition, LLC, ABH Labs, LLC, Sirio Pharma, Melrob Group, Bayer AG, Vitakem Nutraceutical Inc, Gimbal Brothers, Inc, Ernest Jackson, Ferrara Candy Company, and NUTRA contract

RECENT HAPPENINGS IN THE MARKET

• In March 2024, Sirio Pharma launched a postbiotic gummy called BloomDays, which is made with natural flavors and sweeteners and is used to support immune and gut health.
• In November 2023, Sirio Pharma, one of the major participants in the global gummy vitamins market, launched 3 more new gummy vitamin products. The newly launched gummy vitamin products are herbal gummies and address the issues in consumer health. Sirio Pharma said that their focus behind these new formulations is to capture the growing demand for pharma and OTC products in the active healthcare segment.
• In July 2023, Power Gummies, an Indian-based gummy vitamins company, invested an amount of USD 2 Million in the Manesar plant and launched a new set of delicious and nutritious gummy vitamins for kids.

DETAILED SEGMENTATION OF GLOBAL GUMMY VITAMINS MARKET INCLUDED IN THIS REPORT    

This research report on the global gummy vitamins market has been segmented and sub-segmented based on Packaging Type, End Users, Distribution Channel, Source, & region.            

By Packaging Type

• Pouches
• Bottles
• Jars

By End Users

• Adult
• Children

By Distribution Channel

• Store-Based
• Online

By Source

• Animal
• Plant

By Region 

• North America 
• Europe 
• Asia Pacific 
• Latin America 
• Middle East and Africa