Healthy Treats on the Rise: Sugar-Free Gummy Market to Witness $1040 Million Growth at 5.2% CAGR | Future Market Insights Inc.

Sugar-free gummy also known as soft chew supplements are sweets that not only good in taste but incorporated with nutritional components offer consumers a more pleasant and tasty way to take vitamins and supplements. The components present in sugar-free gummies includes active minerals and vitamins, gelling agents (gelatin, agar-agar, and pectin), bulk sweetener agents (polyalcohol, organic sweeteners), and water.

Due to consumers’ inclination towards vitamin sources and additional attributes, sugar-free gummies have attracted a huge consumer base within the past few years as they are specially formulated to guarantee consumer adherence, are custom made, and have enhanced stability avoiding color oxidation.

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Sugar-free gummy is widely produced by food manufacturers as an ingredient owing to high preference from both kids and adults. The sugar-free gummy market is estimated to increase suggestively due to swift growth in end-user consumption as they are a popular alternative to pill in the dietary supplement aisle.

Asia Pacific sugar-free gummy market is anticipated to grow significantly, as the industries in this region are the significant producers and exporters of gummies. Sugar-free gummy demand is projected to gain high traction in food and candy manufacturing industries in the region will positively impact the market growth in the short term forecast period.

Sugar-Free Gummy Witness a Lucrative Demand from the Food Industry

The market is attributed to the widespread application of sugar-free gummy in the food industry and the pharmaceutical industry is witnessing an upsurge in demand since it is one of the most valuable nutritive sugar-free supplement available in the market. The factors facilitating the growth of the market is the consumer’s inclination towards sugar-free diets and supplements.

Texture differences and flavor combinations play a crucial role in the growth of the sugar-free gummy market. The ever-increasing pharmaceutical and food industry is the primary driver for the escalating demand for soft chew supplements, producers utilize attractive packaging techniques that help potential customers understand if the product is right for them.

However, some loopholes can act as restraints in the growth of the global sugar-free gummy market. The risk of gastrointestinal discomfort – bloating or diarrhea– has been the biggest bottle-neck hampering the growth of the global sugar-free gummy market.

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Global Sugar-Free Gummy: Key Players

Some of the industry participants include

  • Trolli
  • Brach’s
  • Costo’s Vitafusion
  • Jelly Belly Sugar-free Jelly Beans
  • Pharmavite LLC
  • Nutranext
  • LLC and Life Science Nutritionals Inc
  • Others.

The manufacturers are mostly involved in the production of Sugar-free Gummy and their byproducts for their utilization in various sectors.

Opportunities for Global Sugar-Free Gummy Market Participants

In terms of volume, Asia Pacific accounts for the dominating share in the global sugar-free gummy market in 2019. The region is likely to experience the significant growth in the next few years. Thus, it is anticipated to maintain its dominance during the forecast period.

Asia Pacific and North America are predicted to offer fast-growing markets for sugar-free gummy during the forecast period. Increasing demand for nutritive supplements from the food industry and rapid developments in the pharma industry is projected to drive the demand for sugar-free gummy market in these regions.

COVID-19 Impact

The COVID-19 pandemic affected the global supply chain on a vast scale. The sugar-free gummy manufacturers spend a lot capital while procuring the ingredients. The factor restricting them a good purchase price is low production capacity.

The Sugar-free Gummy market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.

By doing so, the research report serves as a repository of analysis and information for every facet of the Sugar-free Gummy market, including but not limited to: regional markets, nature, packaging, application.

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The Report Covers Exhaustive Analysis on

  • Sugar-free Gummy  market segment
  • Sugar-free Gummy  market dynamics
  • Sugar-free Gummy  market size
  • Sugar-free Gummy  supply and demand
  • Current trends/issues/challenges pertaining to Sugar-free Gummy  market
  • Competition landscape and emerging market participants in Sugar-free Gummy  market
  • Technology related to production/processing of Sugar-free Gummy
  • Value chain analysis of the Sugar-free Gummy  market

Regional Analysis Includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Rest of Latin America)
  • Europe (Germany, U.K., France, Italy, Spain, BENELUX, Poland, Russia, Nordic, Rest of Europe)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, South Africa, Rest of MEA)

The Sugar-free Gummy market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).

The report also features a complete qualitative and quantitative assessment by analysing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the Sugar-free Gummy market report projects the attractiveness of each major segment over the forecast period.

Global Sugar-Free Gummy: Market Segmentation

On the basis of nature :

  • Organic
  • Conventional

On the basis of source :

  • Animal based
  • Plant based

On the basis of customer orientation :

  • Adult gummies
  • Kids gummies
  • Prenatal gummies
  • Heart gummies
  • Pet gummies

On the basis of packaging :

  • Bottles & Jars
  • Stand-Up Pouches
  • Other Packaging Type

On the basis of distribution channel :

  • Direct Sales
  • Modern Trade
  • Convenience Stores
  • Departmental Store
  • Specialty Store
  • Drug Store/Pharmacies
  • Online Retailers
  • Other Sales Channels

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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