The nutraceutical gummies market is anticipated to exceed a valuation of US$ 99.4 billion in 2033. According to Future Market Insights, a US$ 29.1 billion is likely for the market in 2023. From 2023 to 2033, the market for nutraceutical gummies is projected to escalate at an impressive CAGR of 13.4%.
In order to keep healthy and lower their risk of illness, consumers are now opting to purchase items that are high in critical nutrients, such as vitamins and minerals. Candies that serve as nutritional supplements have mostly benefited from this because they are more portable, handy, and delicious than regular vitamins.
Many makers of chewing gum for dietary supplements use online channels to market and sell their products due to the rise in internet usage and the variety of payment options. According to FMI, social media marketing will be crucial to large companies’ efforts to increase product consumption among their target markets.
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Key Takeaways from the Nutraceutical Gummies Market Study
- In the North America market for nutraceutical gummies, the United States is likely to lead the way between 2023 and 2033.
- Spain is set to emerge as one of the dominant markets in Europe from 2023 to 2033.
- In Asia, India is poised to contribute significantly to market expansion.
- A valuation of US$ 29.1 billion is expected for the global market for nutraceutical gummies in 2023.
- In 2033, FMI expects the market to be valued at US$ 99.4 billion following acceleration at a 4% CAGR from 2023 to 2033.
Who is Winning?
Due to rising consumer demand, several leading producers of nutraceutical gummies are focusing on offering affordable goods. To increase their market share and production capacities, some businesses have adopted integrated production systems to offer consumers high-quality products at competitive prices. Leading manufacturers of nutraceutical gummies are spending money on R&D to produce their products more naturally and with fewer chemicals and artificial flavours.
Leading players operating in the market for nutraceutical gummies include Zarbee’s, Inc., Bayer AG, Nature’s Bounty Co., Sanofi S.A., SmartyPants Vitamins, Otsuka Holdings Co. Ltd., Olly Public Benefit Corporation, Church & Dwight Co. Inc., The Honest Company, Inc., Nature’s Way, Pfizer, and, Life Science Nutritionals.
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Future Market Insights, in its new offering, provides an unbiased analysis of the Nutraceutical Gummies Market, presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033. The study divulges compelling insights on the nutraceutical gummies market based on nutritional class (vitamin & minerals, dietary fiber, prebiotics & probiotics, polyunsaturated & fatty Acids, and antioxidants), functionality (digestive health, Immunity & strength, cardiovascular health, bone & muscles health), age (pediatric, geriatric, and adult), and distribution channel (hospital pharmacies, retail pharmacies, drugstores, supermarkets, and online stores) across seven regions.
About the Food & Beverage Division at Future Market Insights
Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.
Global Nutraceutical Gummies Market by Category
By Nutritional Class:
- Vitamin & Minerals
- B Complex
- Vitamin C
- Calcium & Vitamin D
- Milk Minerals
- Iron
- Dietary Fiber
- Prebiotics & Probiotics
- Polyunsaturated & Fatty Acids
- Antioxidants
By Functionality:
- Digestive Health
- Immunity & Strength
- Cardiovascular Health
- Bone & Muscles Health
By Age:
- Paediatric
- Geriatric
- Adult
By Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Drugstores
- Supermarkets
- Online Stores
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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