Global Gummy Market Size & Outlook, 2023-2030
The gummy industry worldwide is expected to reach a projected revenue of US$ 23,224.5 million by 2030. A compound annual growth rate of 13.2% is expected of the worldwide gummy industry from 2024 to 2030.
Revenue, 2023 (US$M)
$9,722.5
Forecast, 2030 (US$M)
$23,224.5
CAGR, 2024 - 2030
13.2%
Report Coverage
Worldwide
Global gummy market, 2018-2030 (US$M)
Related Markets
Global gummy market highlights
- The global gummy market generated a revenue of USD 9,722.5 million in 2023 and is expected to reach USD 23,224.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 13.2% by 2030.
- In terms of segment, vitamins accounted for a revenue of USD 2,509.2 million in 2023.
- CBD/CBN is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 9,722.5 million |
| Market revenue in 2030 | USD 23,224.5 million |
| Growth rate | 13.2% (CAGR from 2023 to 2030) |
| Largest segment | Vitamins |
| Fastest growing segment | CBD/CBN |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vitamins, Minerals, Carbohydrates, Omega Fatty Acids, Proteins & Amino Acids, Probiotics & Prebiotics, Dietary Fibers, CBD/CBN, Psylocybin/Psychedelic Mushroom, Melotonin |
Other key industry trends
- In terms of revenue, the North America accounted for 35.1% of the global gummy market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 899.7 million by 2030.
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Gummy Market Scope
Gummy market segmentation & scope
Vitamins
Minerals
Carbohydrates
Omega Fatty Acids
Proteins & Amino Acids
Probiotics & Prebiotics
Dietary Fibers
CBD/CBN
Psylocybin/Psychedelic Mushroom
Melotonin
Others
Hypermarkets/Supermarkets
Pharmacies
Specialty Stores
Practitioner
Others
Online
Gummy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global gummy market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to gummy market will help companies and investors design strategic landscapes.
Vitamins was the largest segment with a revenue share of 25.81% in 2023. Horizon Databook has segmented the Global gummy market based on vitamins, minerals, carbohydrates, omega fatty acids, proteins & amino acids, probiotics & prebiotics, dietary fibers, cbd/cbn, psylocybin/psychedelic mushroom, melotonin covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Gummy Product Outlook (Revenue, USD Million, 2018-2030)
- Vitamins
- Minerals
- Carbohydrates
- Omega Fatty Acids
- Proteins & Amino Acids
- Probiotics & Prebiotics
- Dietary Fibers
- CBD/CBN
- Psylocybin/Psychedelic Mushroom
- Melotonin
- Others
- Global Gummy Ingredient Outlook (Revenue, USD Million, 2018-2030)
- Gelatin
- Plant-based Gelatin Substitute
- Global Gummy End Use Outlook (Revenue, USD Million, 2018-2030)
- Adult
- Men
- Women
- Pregnant Women
- Geriatric
- Kids
- Adult
- Global Gummy Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Offline
- Hypermarkets/Supermarkets
- Pharmacies
- Specialty Stores
- Practitioner
- Others
- Online
- Offline
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Target buyers of Global gummy market databook
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Our clientele includes a mix of gummy market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global gummy market , including forecasts for subscribers. This global databook contains high-level insights into Global gummy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global gummy market size, by regions, 2018-2030 (US$M)
Top 10 countries: Gummy market size, 2023 (US$M)
Global gummy market share, by product, 2023 & 2030 (%, US$M)
Gummy Market: Opportunity Assessment By Country
Global gummy market, by region, 2023 (US$M)
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