China Gummy Market Size & Outlook, 2023-2030
China gummy market, 2018-2030 (US$M)
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China gummy market highlights
- The China gummy market generated a revenue of USD 1,319.9 million in 2023 and is expected to reach USD 3,411.3 million by 2030.
- The China market is expected to grow at a CAGR of 14.5% 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 1,319.9 million |
| Market revenue in 2030 | USD 3,411.3 million |
| Growth rate | 14.5% (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, China accounted for 13.6% 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.
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Gummy Market Scope
Gummy Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 27.06% in 2023. Horizon Databook has segmented the China 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.
In recent years, the Government of China has taken numerous initiatives to promote the consumption of healthy food in the country. This scenario is anticipated to bode well for gummy supplements in China. In September 2020, the State Administration for Market Regulation of China issued a draft of Technical Requirements for the Health Food Filing of Gelatin Candy/Gummy.
As of 2020, tablets, hard capsules, soft capsules, oral liquids, and granules were the only supplemental dosages available for health food filing in China. However, the release of this new draft is expected to enable the filing of supplemental dosages of healthy food in the form of gelatin candies/gummies in the country.
Leading players are introducing new vitamin and botanical-infused gummies in China owing to their increasing consumer demand. For instance, in September 2020, a new gummy brand, BuffX, was launched in China. The rising awareness about health supplements among consumers due to the outbreak and the spread of COVID-19 in China is anticipated to fuel the growth of the gummy market in the country.
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Target buyers of China 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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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 China gummy market , including forecasts for subscribers. This country databook contains high-level insights into China gummy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China gummy market size, by product, 2018-2030 (US$M)
China Gummy Market Outlook Share, 2023 & 2030 (US$M)
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