PUBLISHER: Grand View Research | PRODUCT CODE: 1553539
PUBLISHER: Grand View Research | PRODUCT CODE: 1553539
Adult Vitamin Gummies Market Size, Share & Trends Analysis Report By Product (Single Vitamins, Multi-Vitamins, Type III & Others), By Application, By Distribution Channel, By Region, And Segment Forecasts, 2024 - 2030
Adult Vitamin Gummies Market Growth & Trends:
The global adult vitamin gummies market size is projected to reach USD 8.82 billion by 2030, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 6.0% from 2024 to 2030. Rising awareness regarding vitamin consumption on account of introduction of new products and easy availability of adult vitamin gummies. Also, fluctuating dieting patterns coupled with hectic work schedule among working-class adults on the global level can limit their vitamin intake, thereby leading to a deficiency in nutritional levels. improper functioning of digestive system also results in reduction of vitamin content in human bodies.
The demand for multi-vitamin gummies is likely to increase at a noteworthy rate during the forecast period. These gummies contribute in filling vitamin gaps, which may exist in regular diets and provide all basic micronutrients required by human body. However, single vitamin gummies are preferred when an individual suffers from certain disorders. These products are recommended by the National Institutes of Health (U.S.) for specific population groups including pregnant women and women suffering from anemia.
The demand for food supplements as adult vitamin gummies in the application is likely to witness a high growth on account Increasing utilization of supplements among adults as a result of rising product awareness, through e-commerce portals and social media, is anticipated to positively impact vitamin gummies market over the forecast period. Also, its antioxidant properties to protect cells from damage and thus help in maintaining a healthy immune system.
Weight management application segment is another fastest growing segment over the forecast period. As, weight management has been established as an important therapeutic goal for obese patients. Manufacturers are coming up with the innovative new products for weight management adult vitamin gummies. For instance, Hydroxycut manufactures and distributes nutritional supplements including vitamin B (C. canephora robusta) gummies for weight loss.
Asia Pacific is projected to witness fastest market growth over the forecast period. A shift in inclination toward preventive healthcare among working-class adults, as a result of increasing prevalence of cardiovascular and gastrointestinal disorders, in countries such as Indonesia, India, China, and Japan is likely to propel the demand for adult vitamin gummies over the forecast period.
Rising awareness about nutritional enrichment in China and India is expected to remain a favorable factor for the market growth. Furthermore, the expansion of retail market in the emerging economies of China and India, in light of regulatory support to promote investments, is expected to increase product accessibility for the buyers over the forecast period.
Adult Vitamin Gummies Market Report Highlights:
- Multi-vitamins segment dominated the global market and accounted for a share of 73.4% in 2023. The growth is fueled by the increasing consumption of multivitamins among millennials and adults.
- Vitamin deficiency segment accounted for the largest revenue share of the global market in 2023.
- The offline segment dominated the market in 2023. The offline shopping experience of adult gummies often involves settings such as pharmacies, nutritional products stores, convenience stores, supermarkets, and specialty stores.
- North America adult vitamin gummies market dominated the global industry in 2023 with a revenue share of 47.3%. An increase in awareness about healthy lifestyles and well-being is primarily driving this market.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Adult Vitamin Gummies Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.4. Adult Vitamin Gummies Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
- 3.4.1. Porter's Analysis
Chapter 4. Adult Vitamin Gummies Market: Product Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Adult Vitamin Gummies Market: Product Movement Analysis, 2023 & 2030 (USD Billion)
- 4.3. Single Vitamins
- 4.3.1. Single Vitamins Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.4. Multi Vitamins
- 4.4.1. Multi Vitamins Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.5. Type III & Others
- 4.5.1. Type III & Other Products Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Adult Vitamin Gummies Market: Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Adult Vitamin Gummies Market: Application Movement Analysis, 2023 & 2030 (USD Billion)
- 5.3. Food Supplements
- 5.3.1. Food Supplements Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4. Vitamin Deficiency
- 5.4.1. Vitamin Deficiency Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.5. Weight Management
- 5.5.1. Weight Management Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.6. Immunity
- 5.6.1. Immunity Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.7. Others
- 5.7.1. Other Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Adult Vitamin Gummies Market: Distribution Channel Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Adult Vitamin Gummies Market: Distribution Channel Movement Analysis, 2023 & 2030 (USD Billion)
- 6.3. Offline
- 6.3.1. Offline Distribution Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.2. Hypermarkets/Supermarkets
- 6.3.2.1. Hypermarkets/Supermarkets Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.3. Pharmacies
- 6.3.3.1. Pharmacies Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.4. Specialty Stores
- 6.3.4.1. Specialty Stores Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.5. Practitioner
- 6.3.5.1. Practitioner Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.6. Others
- 6.3.6.1. Other Distribution Channel Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4. Online
- 6.4.1. Online Distribution Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 7. Adult Vitamin Gummies Market: Regional Estimates & Trend Analysis
- 7.1. Adult Vitamin Gummies Market Share, By Region, 2023 & 2030 (USD Billion)
- 7.2. North America
- 7.2.1. North America Adult Vitamin Gummies Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.2. U.S.
- 7.2.2.1. U.S. Adult Vitamin Gummies Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.3. Canada
- 7.2.3.1. Canada Adult Vitamin Gummies Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.2.4. Mexico
- 7.2.4.1. Mexico Adult Vitamin Gummies Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3. Europe
- 7.3.1. Europe Adult Vitamin Gummies Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.2. UK
- 7.3.2.1. UK Adult Vitamin Gummies Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.3. Germany
- 7.3.3.1. Germany Adult Vitamin Gummies Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.4. France
- 7.3.4.1. France Adult Vitamin Gummies Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.5. Italy
- 7.3.5.1. Italy Adult Vitamin Gummies Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.3.6. Spain
- 7.3.6.1. Spain Adult Vitamin Gummies Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Adult Vitamin Gummies Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.2. China
- 7.4.2.1. China Adult Vitamin Gummies Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.3. Japan
- 7.4.3.1. Japan Adult Vitamin Gummies Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.4. India
- 7.4.4.1. India Adult Vitamin Gummies Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.5. South Korea
- 7.4.5.1. South Korea Adult Vitamin Gummies Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.6. Australia
- 7.4.6.1. Australia Adult Vitamin Gummies Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.4.7. New Zealand
- 7.4.7.1. New Zealand Adult Vitamin Gummies Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.5. Latin America
- 7.5.1. Latin America Adult Vitamin Gummies Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.5.2. Brazil
- 7.5.2.1. Brazil Adult Vitamin Gummies Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Adult Vitamin Gummies Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 7.6.2. South Africa
- 7.6.2.1. South Africa Adult Vitamin Gummies Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis by Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Heat Map Analysis
- 8.4. Company Profiles
- 8.4.1. Pfizer Inc.
- 8.4.1.1. Participant's Overview
- 8.4.1.2. Financial Performance
- 8.4.1.3. Product Benchmarking
- 8.4.1.4. Recent Developments/ Strategic Initiatives
- 8.4.2. Church & Dwight Co., Inc.
- 8.4.2.1. Participant's Overview
- 8.4.2.2. Financial Performance
- 8.4.2.3. Product Benchmarking
- 8.4.2.4. Recent Developments/ Strategic Initiatives
- 8.4.3. Bayer AG
- 8.4.3.1. Participant's Overview
- 8.4.3.2. Financial Performance
- 8.4.3.3. Product Benchmarking
- 8.4.3.4. Recent Developments/ Strategic Initiatives
- 8.4.4. Pharmavite
- 8.4.4.1. Participant's Overview
- 8.4.4.2. Financial Performance
- 8.4.4.3. Product Benchmarking
- 8.4.4.4. Recent Developments/ Strategic Initiatives
- 8.4.5. OLLY Vitamins & Supplements (Unilever)
- 8.4.5.1. Participant's Overview
- 8.4.5.2. Financial Performance
- 8.4.5.3. Product Benchmarking
- 8.4.5.4. Recent Developments/ Strategic Initiatives
- 8.4.6. HERBALAND USA
- 8.4.6.1. Participant's Overview
- 8.4.6.2. Financial Performance
- 8.4.6.3. Product Benchmarking
- 8.4.6.4. Recent Developments/ Strategic Initiatives
- 8.4.7. Gimbal's
- 8.4.7.1. Participant's Overview
- 8.4.7.2. Financial Performance
- 8.4.7.3. Product Benchmarking
- 8.4.7.4. Recent Developments/ Strategic Initiatives
- 8.4.8. Sundown Naturals Canada
- 8.4.8.1. Participant's Overview
- 8.4.8.2. Financial Performance
- 8.4.8.3. Product Benchmarking
- 8.4.8.4. Recent Developments/ Strategic Initiatives
- 8.4.9. Nature's Bounty
- 8.4.9.1. Participant's Overview
- 8.4.9.2. Financial Performance
- 8.4.9.3. Product Benchmarking
- 8.4.9.4. Recent Developments/ Strategic Initiatives
- 8.4.10. Bettera Brands
- 8.4.10.1. Participant's Overview
- 8.4.10.2. Financial Performance
- 8.4.10.3. Product Benchmarking
- 8.4.10.4. Recent Developments/ Strategic Initiatives
- 8.4.1. Pfizer Inc.
