Australia Gummy Market Size & Outlook, 2023-2030
Related Markets
Australia gummy market highlights
- The Australia gummy market generated a revenue of USD 251.3 million in 2023 and is expected to reach USD 698.5 million by 2030.
- The Australia market is expected to grow at a CAGR of 15.7% from 2024 to 2030.
- In terms of segment, vitamins was the largest revenue generating product in 2023.
- CBD/CBN is the most lucrative product segment registering the fastest growth during the forecast period.
Gummy market data book summary
| Market revenue in 2023 | USD 251.3 million |
| Market revenue in 2030 | USD 698.5 million |
| Growth rate | 15.7% (CAGR from 2023 to 2030) |
| Largest segment | Vitamins |
| Fastest growing segment | CBD/CBN |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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 |
| Key market players worldwide | Procaps Group SA, Catalent Inc, NutraStar, Santa Cruz Nutritionals, Amapharm, Allseps, Boscogen, Better Nutritionals, Prime Health, AJES Pharmaceuticals, Lactonova, SMP Nutra, Superior Supplement Manufacturing, Well Aliments, Supplement Factory |
Other key industry trends
- In terms of revenue, Australia accounted for 2.6% of the global gummy market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China gummy market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 968.8 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Gummy Market Scope
Gummy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Supplement Factory | View profile | 51-100 | Ashford, Kent, United Kingdom, Europe | https://supplementfactoryuk.com |
| Well Aliments | View profile | 11-50 | Marlton, New Jersey, United States, North America | https://www.wellaliments.com |
| Superior Supplement Manufacturing | View profile | 11-50 | Fountain Valley, California, United States, North America | https://www.superiorsupplementmfg.com |
| Lactonova | View profile | 101-250 | Hyderabad, Andhra Pradesh, India, Asia | http://www.lactonova.com/ |
| AJES Pharmaceuticals | View profile | 11-50 | Copiague, New York, United States, North America | https://www.ajespharma.com |
| Prime Health | View profile | 11-50 | Maple Ridge, British Columbia, Canada, North America | https://www.primehealth.ca |
| Better Nutritionals | View profile | 501-1000 | Gardena, California, United States, North America | https://www.betternutritionals.com/ |
| Boscogen | View profile | 1-10 | Irvine, California, United States, North America | http://boscogen.com |
| Allseps | View profile | 51-100 | Oakleigh, Victoria, Australia, Oceania | http://www.allseps.com.au |
| Amapharm | View profile | 101-250 | Neunkirchen, Saarland, Germany, Europe | https://amapharm.de |
| Santa Cruz Nutritionals | View profile | 251-500 | Santa Cruz, California, United States, North America | https://www.scnbestco.com/ |
| NutraStar | View profile | 251-500 | Farmingdale, New Jersey, United States, North America | https://nutrastar.com/ |
| SMP Nutra | View profile | 1-10 | Brentwood, New York, United States, North America | https://smpnutra.com/ |
| Procaps Group SA | View profile | 5500 | 9 Rue de Bitbourg, Luxembourg, Luxembourg, L-1273 | https://www.procapsgroup.com |
| Catalent Inc | View profile | 17219 | 14 Schoolhouse Road, Somerset, NJ, United States, 08873 | https://www.catalent.com |
Australia 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 27.18% in 2023. Horizon Databook has segmented the Australia 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.
Reasons to subscribe to Australia gummy market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Australia gummy market databook
-
Our clientele includes a mix of gummy market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia gummy market , including forecasts for subscribers. This country databook contains high-level insights into Australia gummy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Australia gummy market size, by product, 2018-2030 (US$M)
Australia Gummy Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
