The global Functional Gummies market was valued at US$ 840 million in 2020 and is expected to reach US$ 1736.7 million by the end of 2027, growing at a CAGR of 10.1% during 2021-2027.
Functional gummies, also called Nutraceutical Gummies, are one of the fastest growing nutraceutical segments across Europe, North America and Asia. It usually contains various vitamin, DHA, Omega-3, Probiotics, minerals and other functionalities actives.
Global core functional gummies manufacturers include Santa Cruz Nutritionals, Herbaland and Sirio Pharma etc. The top 1 company hold a share about 21%. North America is the largest market, with a share about 47%, followed by Europe and Asia Pacific with the share about 27% and 21%.
Global Functional Gummies Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Functional Gummies Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Nutra Solutions, Hero Nutritionals, Santa Cruz Nutritionals, Superior Supplement Manufacturing, Bettera Wellness, Better Nutritionals, Makers Nutrition, ABH Natures, SMP Nutra, Vitakem Nutraceutical, Herbaland, Cava Pharma, Prime Health, NutraLab Corp, Procaps (Funtrition), VitaWest Nutraceuticals, Amapharm, ParkAcre, Seven Seas Ltd, Allsep’s, Long Island Nutritionals (LIN), Sirio Pharma, Jiangsu Handian, TopGum, Themis Medicare (LIN), Domaco, Cosmax, Guangdong Yichao, Ningbo Jildan, Jinjiang Qifeng, Cocoaland, UHA, Meiji and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-functional-gummies-market-outlook
Segment by Type
- Gelatin Gummies
- Vegan Gummies
Segment by Application
- Vitamin Gummies
- DHA and Omega-3 Gummies
- Probiotics Gummies
- Plant Extract Gummies
- Other Gummies
Table of Content:
1 Functional Gummies Market Overview
2 Functional Gummies Market Competition by Manufacturers
3 Functional Gummies Retrospective Market Scenario by Region
4 Global Functional Gummies Historic Market Analysis by Type
5 Global Functional Gummies Historic Market Analysis by Application
6 Key Companies Profiled
7 Functional Gummies Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Functional Gummies Market Dynamics
10 Global Functional Gummies Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.