
North America Gummy Supplements Market
No. of Pages: 134 | Report Code: BMIRE00025678 | Category: Consumer Goods
No. of Pages: 134 | Report Code: BMIRE00025678 | Category: Consumer Goods
Rising consumer preference for preventive health is the major factor responsible for the growth of the gummy supplements market in North America. In recent years, the focus on health and fitness among consumers has picked up pace as a trend due to the rising prevalence of various diseases, such as cancer and cardiovascular disorders, and several medical conditions, including diabetes, high blood pressure, obesity, and high cholesterol. People have become more aware and concerned about their health and physique over the last few years, which has led to the increasing popularity of dietary supplements worldwide. Millions of people of various age groups, backgrounds, and geographies are embracing fitness worldwide to improve their physical health and overall well-being, substantially boosting the demand for dietary supplements.
The EPA and DHA in omega-3 supplements help reduce the risk of heart diseases by improving metabolic and cardiovascular health. They also exhibit anti-inflammatory properties and strengthen the immune system by promoting the function of immune cells.
The increasing instances of chronic health-related issues are resulting in an increased emphasis on preventive measures to avoid the occurrence of diseases. Apart from exercising, maintaining a stress-free lifestyle, eating a healthy diet, and taking supplements are also increasing to fortify immunity and avert any health-related issues. Therefore, dietary supplements in the form of gummies are gaining prominence as they are easier to consume than other forms, such as powder and pills.
Moreover, the outbreak of the COVID-19 pandemic has led to an increased focus on preventive health care. As various governments promoted immunity-boosting and preventive measures to protect against the SARS-CoV-2 virus, a high number of people started consuming supplements to boost immunity. This shows that the pandemic fueled the demand for dietary supplements, including gummy supplements, aiding the market.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America gummy supplements market at a good CAGR during the forecast period.
The North America ummy supplements market is analyzed on the basis of type, end user, distribution channel, and country. Based on type, the market is segmented into digestive health, immune health, brain health, skin health, multivitamins, single vitamin, and others. The others segment held the largest market share in 2020. Based on end user, the market is bifurcated into adults and kids. The adults segment held the largest market share in 2020. Based on distribution channels, the market is segmented into supermarkets & hypermarkets, specialty stores, online retail, and others. The specialty stores segment held the largest market share in 2020.
Based on country, the North America gummy supplements market is segmented into the US, Canada, and Mexico. The US held the largest market share in 2020.
Bayer AG; Church & Dwight, Inc.; Pharmavite LLC; Herbaland Naturals Inc.; Jarrow Formula, Inc.; Life Science Nutritionals; Nature’s Bounty; Nature’s Way Products LLC; The Clorox Company; and Zanon Vitamecare are the leading companies in the gummy supplements market in this region.
Strategic insights for the North America Gummy Supplements provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 3,267.08 Million |
Market Size by 2028 | US$ 5,476.50 Million |
Global CAGR (2021 - 2028) | 7.7% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
|
The geographic scope of the North America Gummy Supplements refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The North America Gummy Supplements Market is valued at US$ 3,267.08 Million in 2021, it is projected to reach US$ 5,476.50 Million by 2028.
As per our report North America Gummy Supplements Market, the market size is valued at US$ 3,267.08 Million in 2021, projecting it to reach US$ 5,476.50 Million by 2028. This translates to a CAGR of approximately 7.7% during the forecast period.
The North America Gummy Supplements Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Gummy Supplements Market report:
The North America Gummy Supplements Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Gummy Supplements Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Gummy Supplements Market value chain can benefit from the information contained in a comprehensive market report.