Syndicated Research Studies

Gummy Market Size & Trends The global gummy market size was valued at USD 23.93 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 11.8% from 2024 to 2030. The growth factors such as increasing demand for functional and fortified gummies, the availability of gummy supplements in different flavors for customers in search of taste with health benefits, and growing demand for natural products, as well as a growing interest in vegan gummies, are being projected to augment demand over the forecast period. Furthermore, gummies are a convenient and easy-to-use format for delivering a wide range of active ingredients, including vitamins, minerals, and supplements, thus growing popularity of gummies as a delivery format is considered one of the major factors driving the growth of the global gummy industry. Consumer preferences are evolving when it comes to food and supplements. There has been a significant increase in consumer demand for nutraceutical prod...

Gummy Market Growth & Trends The global  gummy market  size is expected to reach USD 52.24 billion by 2030, registering a CAGR of 11.8% over the forecast period, according to a new report by Grand View Research, Inc. The demand for the gummies is anticipated to be driven by several factors such as the rising consumer awareness of the negative side effects of excessive chocolate consumption, advancements in manufacturing technologies, and growing consumer demand for natural products as well as a growing interest in vegan gummies. The rising consumer awareness of the negative side effects of excessive chocolate consumption, such as weight gain and dental problems, is contributing to the growth of the gummies market. As consumers become more health-conscious, they are turning to gummies as a healthier alternative to traditional chocolate candy. In addition, the sugar content of gummies can also be a driving factor. While many gummies’ products do contain sugar, there is als...

Gummy Industry Overview The global  gummy market  size is expected to reach USD 42.06 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 12.6% over the forecast period. The advent of organic, clean, and natural formulated gummy supplements by key market participants; coupled with increasing customer demand for nutrition with taste and flavor is a major factor fueling the market growth. Gummy Market Segmentation Grand View Research has segmented the global gummy market on the basis of application, end user, distribution channel, and region: Based on the Application Insights, the market is segmented into Vitamins, Minerals, Omega Fatty Acids, Proteins, Others. The vitamins segment led the market accounting for more than 55% of the overall revenue share in 2020. The increasing working-class population and changes in lifestyles have failed to keep up with the nutrition requirement through food; thus, the demand for vitamin supple...