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Emerging Gummy Vitamins Market Trends: Koios Beverage Corporation Introduces Swol Bears with a Unique Blend of Vitamin D for Health-Conscious Consumers Shaping the Future of the Industry
Gummy Vitamins
Gummy Vitamins Market Size Growth Forecast: What to Expect by 2025?
The gummy vitamins sector has experienced substantial expansion in past years. The market is projected to rise from $7.84 billion in 2024 to $8.55 billion in 2025, marking a compound annual growth rate (CAGR) of 9.1%. The historic growth is due to factors such as a rise in the undernourished populace, heightened health awareness, an increase in dietary supplement* consumption, and notable economic growth in developing markets.
How Will the Gummy Vitamins Market Size Evolve and Grow by 2029?
Anticipations are for the market size of gummy vitamins to undergo substantial growth in the coming years. The market is forecasted to expand to ""$11.82 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 8.4%. This growth through the forecast period is expected due to factors such as a rise in the elderly population, a growing vegan community, an increase in dysphagia cases, as well as enhanced digital media marketing and social media efforts. The period also anticipates trends like emphasis on product innovations, introduction of gummy vitamins with various flavors, adoption of plant-based , the emergence of 3D-printed gummy vitamins, and increased partnerships and collaborations.
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What Drivers Are Propelling the Growth of Gummy Vitamins Market Forward?
The expansion of the vegan community is projected to drive the growth of the gummy vitamins market. Vegans are those who adopt a lifestyle that restricts the consumption of animal products and often avoids the use of any goods or by-products derived from animals. This rising vegan population represents a market potential for gummy vitamin producers to tailor their products to the ethical considerations and tastes of an increasing customer base. For example, as reported by the Plant Based Foods Association, a US-based group, sales growth for plant-based foods moved up to 6.6% in 2022, from the 5.9% recorded in 2021. Hence, the growing vegan community is expected to bolster the demand, fostering the growth of the gummy vitamins market.
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What Long-Term Trends Will Define the Future of the Gummy Vitamins Market?
Leading businesses in the gummy vitamins market are concentrating on creating a unique gummy line that serves as a tasty yet healthy snacking alternative for consumers. This selection includes Swol Bears, manufactured with a distinct blend of vitamin D, ensuring each bag delivers the required daily amount of crucial nutrients. For example, in May 2023, Koios Beverage Corporation, a company from Canada specializing in unique foods and wellness goods, introduced a new gummy line that features Swol Bears. Swol Bears, crafted with natural ingredients and containing only 1g of sugar per bag, are an excellent choice for people who want to enjoy sweet treats without compromising their health and wellness goals.
What Are the Key Segments in the Gummy Vitamins Market?
The gummy vitamins market covered in this report is segmented -
1) By Product Type: Single Vitamin, Multi Vitamin, Probiotics
2) By Source: Plant, Animal
3) By End User: Adult, Children
4) By Sales Channel: Hypermarket, Supermarket, Specialty Stores, Retail Pharmacies, Online Sales Channel, Other Sales Channel
Subsegments:
1) By Single Vitamin: Vitamin C , Vitamin D , Vitamin B12
2) By Multi-Vitamin: Adult Multi-Vitamin , Children's Multi-Vitamin , Women's And Men's Specific Multi-Vitamin
3) By Probiotics: Probiotic For Digestive Health, Immune Support Probiotic , Probiotic For Women's Health
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Who Are the Key Players Shaping the Gummy Vitamins Market's Competitive Landscape?
Major companies operating in the gummy vitamins market include Church* & Dwight* Co Inc, Unilever PLC, Otsuka Pharmaceutical, Reckitt Benckiser Group plc, Sirio Pharma Co., Hero Nutritionals Llc, Herbaland Naturals Inc, Nature's Way Products, Llc, Zanon Lifesciences Private Limited, India Private Label Supplements, Biovencer Healthcare Private Limited, Radius Healthcare Private Limited, Estrellas Life Sciences Private Limited, Nanchang Xinouli Trading Co., Ltd, Jiangsu Handian Biotechnology Co., Ltd, Biocaro Pharmaceutical Co., Ltd, Shantou Sweet Road Industry And Trading Co., Ltd, The Good Vitamin Co, Garden Of Life, Vegums, Amway Corp, Noreva Biotech, Vtf, Solgar, Evalar, Biovea, Terezia, Zarbee's Inc, Olly Public Benefit Corporation, Atrium Innovations, Pfizer, Inc, Now Foods, Healthvit, Ascendis Health, Inova Pharmaceuticals, Vitabiotics Ltd, GlaxoSmithKline Plc, Abbott Laboratories, Nestle S.A, Gnc Holdings Inc., Life Science Nutritionals, Bettera Brands Llc, Bayer Ag, Santa Cruz Nutritionals Inc, Makers Nutrition Llc, Nutra Solutions, Ferrara Candy Company
What Geographic Markets Are Powering Growth in the Gummy Vitamins Market?
North America was the largest region in the gummy vitamins market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the gummy vitamins market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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