Adult Vitamin Gummies Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021-2026

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Adult Vitamin Gummies Market Overview

Adult Vitamin Gummies Market size is estimated to reach $7.4 Billion by 2026, growing at a CAGR of 9.1% during the forecast period 2021-2026. Gummy vitamins are chewable vitamins that have a texture and taste similar to gummy candies and come in a variety of flavours and shapes. Gummy vitamins are commonly made from gelatin, corn starch, water and added colourings. These products act as a solution for health issues such as immune problems and low bone strength. Growing awareness regarding vegan diet on account of extensive brand campaigning by the supplement manufacturers, growing awareness regarding weight management among working professionals, increase in the expansion of product portfolio of nutraceutical products by the healthcare companies and growing consumption of gummy vitamins from customers with nutritional deficiency are the factors that are set to drive the growth of the global market for the forecast period 2021-2026.

Report Coverage

The report: “Adult Vitamin Gummies Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Adult Vitamin Gummies Market. 
By Product Type: Single Vitamin, Multi-Vitamin, Type III, Others.
By Application: Food Supplements, Weight Management, Vitamin Deficiency, Immunity, Others.
By Geography: North America, Asia-Pacific, Europe, and Rest of World (ROW).

Key Takeaways

  • Geographically, North America Adult Vitamin Gummies Market accounted for the highest revenue share in 2020 and it is poised to dominate during the forecast period 2021-2026 owing to the growing demand for nutritional products.
  • Growing regular consumption of nutritional products among the customers with nutritional deficiencies is propelling the demand for food supplement segment.
  • Health concerns associated with the overconsumption of gummy vitamins is one of the major factors which is said to reduce the growth of Adult Vitamin Gummies Market.
  • Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Adult Vitamin Gummies Market report.

Adult Vitamin Gummies Market Segment Analysis - By Product Type

The Global Adult Vitamin Gummies Market based on the Product Type can be further segmented into Single Vitamin, Multi-Vitamin, Type III, and Others. The Multi-Vitamin segment held the largest share in 2020 owing to the growing consumption of multivitamins from adults and millennials. Multivitamins consist of all essential nutrients such as niacin, folic acid, iodine, zinc and choline as well as vitamin A, C, D, E, H and B5. They are capable of ensuring the proper flow of fluid surrounding joints, which is driving the growth of the market. Single Vitamin is estimated to be the fastest-growing segment during the forecast period 2021-2026. This is owing to the growing demand from customers with nutritional deficiencies. Single vitamin products are recommended by the National Institutes of Health for specific population groups, including pregnant women and women suffering from anemia, which is propelling the growth of the market.

Adult Vitamin Gummies Market Segment Analysis - By Application

The Global Adult Vitamin Gummies Market based on the Application can be further segmented into Food Supplements, Weight Management, Vitamin Deficiency, Immunity, and Others. Food Supplements segment held the largest share in 2020 owing to the growing consumption of food supplements to correct nutritional deficiency and to ensure adequate nutritional intake for the human body. European Commission has established rules to ensure proper labeling of food supplement products, which is driving the growth of the market. Weight Management segment is estimated to be the fastest-growing segment with a CAGR of 10.56% during the forecast period 2021-2026. This is owing to the growing awareness regarding weight management among working professionals. Nutraceutical manufacturers are using vitamin ingredients and fruit flavors in gummies for weight management, which is driving the growth of the market.

Adult Vitamin Gummies Market Segment Analysis - By Geography

The Global Adult Vitamin Gummies Market based on the Geography can be further segmented into North America, Asia-Pacific, Europe, and Rest of World (ROW). North America held the largest share with 33.14% of market in 2020. The growth in this segment is owing to the factors such as growing inclination towards healthier lifestyles and growing awareness regarding weight management among working professionals. The growing consumption of gummy vitamins from customers with nutritional deficiencies in the region is driving the growth of the market. Asia-Pacific is estimated to be the fastest growing segment during the forecast period 2021-2026. This is owing to the factors such as increase in the health consciousness among individuals, growing trends of online shopping in countries like India and China, and growing awareness regarding vegan diet on account of extensive brand campaigning by the supplement manufacturers.

Adult Vitamin Gummies Market Drivers

Growing awareness regarding vegan diet

The growing awareness regarding vegan diet owing to the extensive brand campaigning by the supplement manufacturers and rise in the health consciousness among the consumers across the world is propelling the growth of the Adult Vitamin Gummies Market.

Growing consumption of food supplements 

There is a rapid increase in the consumption of food supplements to correct nutritional deficiency and to ensure adequate nutritional intake for the human body. The growing incidences of nutritional deficiency has increased the demand for food supplements, which in turn is fueling the growth of the market.

Adult Vitamin Gummies Market Challenges

Health concerns associated with the overconsumption of gummy vitamins.

Several health issues in adults has made the consumers shift towards other nutritional products, which is one of the major factors that is estimated to reduce the growth of the Adult Vitamin Gummies Market.

Adult Vitamin Gummies Industry outlook:

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Adult Vitamin Gummies Market. Key companies of this market are Bayer AG, Boli Naturals LLC, Ferrara Candy Company, Pfizer, Pharmavite LLC, Church & Dwight Co, Nutra Solutions USA, Ernest Jackson, Softigel, Makers Nutrition LLC among others.

Acquisitions/Product Launches:

  • In 2020, Softigel has launched Funtrition division to increase its capacity by making major plant renovations with advanced equipment to enable growth, deliver more quality and reliability with new product launches in different gummy vitamin products for adults.
  • In 2019, Church & Dwight Co has launched Vitafusion Organic gummy vitamin, which includes Vitamin D3 and Vitamin B-12, and Lil’ Critters Organic Complete Multi. These gummies are certified by the American Vegetarian Association.

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1. Adult Vitamin Gummies Market - Overview
    1.1 Definitions and Scope
2. Adult Vitamin Gummies Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends
    2.2 Key trends by Product Type
    2.3 Key trends by Application
    2.4 Key trends by Geography
3. Adult Vitamin Gummies Market – Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. Adult Vitamin Gummies Market - Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Adult Vitamin Gummies Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures6. Adult Vitamin Gummies - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2  Bargaining powers of customers
        6.3.3  Threat of new entrants
        6.3.4  Rivalry among existing players
        6.3.5  Threat of substitutes 
7. Adult Vitamin Gummies Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Vitamin Gummies Market – By Product Type (Market Size –$Million/$Billion)
    8.1 Single Vitamin
    8.2 Multi Vitamin
    8.3 Type III
    8.4 Others
9. Adult Vitamin Gummies Market – By Application (Market Size –$Million/$Billion)
    9.1 Food Supplements
    9.2 Weight Management
    9.3 Vitamin Deficiency
    9.4 Immunity
    9.5 Others
10. Adult Vitamin Gummies Market - By Geography (Market Size –$Million/$Billion)
    10.1 North America
        10.1.1 U.S.
        10.1.2 Canada
        10.1.3 Mexico
    10.2 Europe
        10.2.1 U.K.
        10.2.2 Germany
        10.2.3 France
        10.2.4 Italy
        10.2.5 Spain
        10.2.6 Russia
        10.2.7 Rest of Europe
    10.3 Asia-Pacific
        10.3.1 China
        10.3.2 India
        10.3.3 Japan
        10.3.4 South Korea
        10.3.5 Australia & New Zealand
        10.3.6 Rest of Asia-Pacific
    10.4 Rest of the World
        10.4.1 Middle East
        10.4.2 Africa
        10.4.3 South America
11. Adult Vitamin Gummies Market - Entropy
12. Adult Vitamin Gummies Market – Industry/Segment Competition Landscape      Premium  
    12.1 Market Share Analysis
        12.1.1 Global Market Share – Key Companies
        12.1.2 Market Share by Region – Key companies
        12.1.3 Market Share by Countries – Key Companies
        12.1.4 Best Practices for Companies
13. Adult Vitamin Gummies Market – Key Company List by Country Premium  Premium
14. Adult Vitamin Gummies Market Company Analysis
    14.1 Company 1
    14.2 Company 2
    14.3 Company 3
    14.4 Company 4
    14.5 Company 5
    14.6 Company 6
    14.7 Company 7
    14.8 Company 8
    14.9 Company 9
    14.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

LIST OF FIGURES

1.US Adult Vitamin Gummies Market Revenue, 2019-2024 ($M)
2.Canada Adult Vitamin Gummies Market Revenue, 2019-2024 ($M)
3.Mexico Adult Vitamin Gummies Market Revenue, 2019-2024 ($M)
4.Brazil Adult Vitamin Gummies Market Revenue, 2019-2024 ($M)
5.Argentina Adult Vitamin Gummies Market Revenue, 2019-2024 ($M)
6.Peru Adult Vitamin Gummies Market Revenue, 2019-2024 ($M)
7.Colombia Adult Vitamin Gummies Market Revenue, 2019-2024 ($M)
8.Chile Adult Vitamin Gummies Market Revenue, 2019-2024 ($M)
9.Rest of South America Adult Vitamin Gummies Market Revenue, 2019-2024 ($M)
10.UK Adult Vitamin Gummies Market Revenue, 2019-2024 ($M)
11.Germany Adult Vitamin Gummies Market Revenue, 2019-2024 ($M)
12.France Adult Vitamin Gummies Market Revenue, 2019-2024 ($M)
13.Italy Adult Vitamin Gummies Market Revenue, 2019-2024 ($M)
14.Spain Adult Vitamin Gummies Market Revenue, 2019-2024 ($M)
15.Rest of Europe Adult Vitamin Gummies Market Revenue, 2019-2024 ($M)
16.China Adult Vitamin Gummies Market Revenue, 2019-2024 ($M)
17.India Adult Vitamin Gummies Market Revenue, 2019-2024 ($M)
18.Japan Adult Vitamin Gummies Market Revenue, 2019-2024 ($M)
19.South Korea Adult Vitamin Gummies Market Revenue, 2019-2024 ($M)
20.South Africa Adult Vitamin Gummies Market Revenue, 2019-2024 ($M)
21.North America Adult Vitamin Gummies By Application
22.South America Adult Vitamin Gummies By Application
23.Europe Adult Vitamin Gummies By Application
24.APAC Adult Vitamin Gummies By Application
25.MENA Adult Vitamin Gummies By Application
26.ABH Labs, LLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Aktiv Organic Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.The Ferrara Candy Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Gemini Pharmaceuticals, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Gimbal's Gummy Vitamins, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Santa Cruz Nutritionals, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Lonza, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Makers Nutrition, LLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Nature's Bounty, Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Nutra Solutions USA, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Church Dwight Co., Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Zanon Vitamec, Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.Bayer, Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
39.Pfizer, Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
40.Pharmavite LLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)