Functional Gummies Market

Industry Size, Emerging Trends, Regions, Growth Insights, Opportunities, and Forecast By 2033

Functional Gummies Market by Type (Gelatin Gummies and Vegan Gummies), by Application (Vitamin Gummies, DHA and Omega-3 Gummies, Probiotics Gummies, Plant Extract Gummies, and Others), and by Region (North America, South America, Europe, Asia Pacific, MEA) – Global Share and Forecast to 2033

Region: Global | Format: Word, PPT, Excel | Report Status: Ongoing

According to the Market Statsville Group (MSG), the Global Functional Gummies Market size is expected to grow from USD 859.5 million in 2023 to USD 2,529.8 million by 2033, at a CAGR of 11.4% from 2023 to 2033. 
Functional gummies are an edible product grown in popularity due to their convenient and enjoyable method of delivering various health and wellness benefits. These gummies contain active ingredients such as vitamins, minerals, herbs, or other bioactive compounds intended to provide nutrition for good health. Functional gummies enriched with vitamins such as vitamins C, D, and B, for instance, support immune function, bone health, and energy metabolism. Also, some gummies contain herbal extracts such as ginseng, melatonin, or valerian root, which can help with stress relief or sleep quality. Consumers are aware of the ingredients in functional gummies for their specific health needs and dietary restrictions.
Due to the shift towards busier lifestyles, there is a greater demand for functional gummies. It offers a convenient way for consumers to supplement their diets with essential nutrients or specific health benefits without measuring, mixing, or carrying multiple pills. This convenience fits in well with the fast-paced nature of modern life. Further, consumers are drawn to gummies that promise tangible and immediate benefits, whether it's immune support, sleep improvement, or stress reduction, thereby driving the market's demand. 

Functional Gummies Market Segmental Analysis, 2023-2033

Based on type, the market is divided into gelatin gummies and vegan gummies. The vegan gummies segment accounted for the largest market share in 2023. As more people adopt vegetarian and vegan lifestyles, they are actively seeking products that correspond to their dietary preferences. Also, the growing popularity of health and wellness trends has increased demand for clean-label products. Vegan gummies are frequently made with natural and organic ingredients that are free of artificial colors, flavors, and preservatives. This clean and transparent formulation appeals to consumers who value the high quality and purity of the ingredients used as well as the functional benefits of gummies.
Based on the regions, the global functional gummies market has been segmented across Europe, North America, the Middle East & Africa, Asia-Pacific, and South America. North America accounted for the largest market share in 2023. Consumers in North America are becoming more health-conscious and actively seeking ways to improve their overall well-being. Functional gummies provide a simple and enjoyable way to incorporate essential nutrients and targeted health benefits into daily routines. Further, the growth of the functional gummies market in North America is the increasing prevalence of dietary restrictions and preferences. With a large percentage of the population following vegetarian, vegan, or gluten-free diets, functional gummies have attracted vast numbers of consumers seeking accessible and inclusive health solutions. 

Functional Gummies Key Market Players, 2023

The Major key players in the global functional gummies market 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

Report Scope of the Global Functional Gummies Market 

This market research study categorizes the functional gummies market-based on type, and application area at the regional and global levels.

By Type Outlook (Sales, USD Million, 2019-2033)

  • Gelatin Gummies
  • Vegan Gummies

By Application Outlook (Sales, USD Million, 2019-2033)

  • Vitamin Gummies
  • DHA and Omega-3 Gummies
  • Probiotics Gummies
  • Plant Extract Gummies
  • Others

By Region Outlook (Sales, USD Million, 2019-2033)

  • North America 
    • US
    • Canada
    • Mexico
  • Europe 
    • Germany
    • Italy
    • France
    • UK
    • Spain
    • Poland
    • Russia
    • The Netherlands
    • Norway
    • Czech Republic
    • Rest of Europe
  • Asia Pacific 
    • China
    • Japan
    • India
    • South Korea
    • Indonesia
    • Malaysia
    • Thailand
    • Singapore
    • Australia & New Zealand
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa
    • Northern Africa
    • Rest of MEA

Frequently Asked Questions

  • Key Issues Addressed
  • What is the market size and growth rate for different segmentations at a global, regional, & country level?
  • What is the customer buying behavior, key takeaways, and Porter's 5 forces of the market?
  • What are the key opportunities and trends for manufacturers involved in the supply chain?
  • What are the fundamental dynamics (drivers, restraints, opportunities, and challenges) of the market?
  • What and how regulations, schemes, patents, and policies are impacting the growth of the market?
  • How will existing companies adapt to the new change in technology?
  • The market player positioning, top winning strategies by years, company product developments, and launches will be?
  • How has COVID-19 impacted the demand and sales of in the market? Also, the expected BPS drop or rise count of the market and market predicted recovery period.
  • Who are the leading companies operating in the market? Also, who are the prominent startups that disrupt the market in coming years?
  • PUBLISHED ON: MARCH, 2024
  • BASE YEAR: 2023
  • FORECAST PERIOD: 2024-2033
  • STUDY PERIOD: 2019 - 2033
  • COMPANIES COVERED: 15
  • COUNTRIES COVERED: 24
  • NO OF PAGES: 238

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