UAE Gummy Market Size & Outlook, 2023-2030
UAE gummy market, 2018-2030 (US$M)
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UAE gummy market highlights
- The UAE gummy market generated a revenue of USD 20.6 million in 2023 and is expected to reach USD 53.2 million by 2030.
- The UAE 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 20.6 million |
| Market revenue in 2030 | USD 53.2 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, UAE accounted for 0.2% 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 Middle East & Africa, South Africa gummy market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 104.0 million by 2030.
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Gummy Market Scope
Gummy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE 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 26.21% in 2023. Horizon Databook has segmented the UAE 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.
The growing consumer preference for gummy supplements as a simple and enjoyable alternative to conventional tablets or capsules is driving market expansion. The COVID-19 pandemic accelerated this trend, leading to increased demand for multivitamin gummies, especially those containing immune boosting ingredients such as vitamin C and zinc.
any adults in the UAE lead busy lifestyles that may only sometimes allow for balanced meals. Gummy supplements offer a convenient way to fill potential nutrient gaps, providing essential vitamins and minerals to support overall health.
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Target buyers of UAE 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 UAE gummy market , including forecasts for subscribers. This country databook contains high-level insights into UAE gummy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE gummy market size, by product, 2018-2030 (US$M)
UAE Gummy Market Outlook Share, 2023 & 2030 (US$M)
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