UK Gummy Market Size & Outlook, 2023-2030
UK gummy market, 2018-2030 (US$M)
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UK gummy market highlights
- The UK gummy market generated a revenue of USD 386.6 million in 2023 and is expected to reach USD 899.7 million by 2030.
- The UK market is expected to grow at a CAGR of 12.8% 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 386.6 million |
| Market revenue in 2030 | USD 899.7 million |
| Growth rate | 12.8% (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, UK accounted for 4.0% 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 Europe, Germany gummy market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 460.0 million by 2030.
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Gummy Market Scope
Gummy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 24.91% in 2023. Horizon Databook has segmented the UK 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 increasing demand for dietary supplements to boost immunity and enhance digestion is expected to drive the U.K. market for vitamin- and protein-based gummies. According to the Health Food Manufacturers' Association (HFMA)'s Health of the Nation survey 2020, about 71.2% of the surveyed adults in the U.K. consumed food supplements.
It was also reported that about 60.7% of the surveyed respondents took food supplements for general health and well-being, followed by 24.3% for vitamin deficiency and 20.5% for joint health. Adults across the country have been facing several lifestyle-associated diseases, such as digestive disorders and joint health problems, mainly due to poor nutrient intake and lowered overall physical activity.
Therefore, market players are developing supplement products that can prevent the occurrence of such diseases by fortifying gummies with the required nutrients. For instance, in February 2023, Nutrigums, a gummy vitamins brand in the U.K., introduced two innovative products aimed at enhancing muscle and bone strength, boosting energy levels, supporting gut health, and overall physical well-being.
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Target buyers of UK 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 UK gummy market , including forecasts for subscribers. This country databook contains high-level insights into UK gummy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK gummy market size, by product, 2018-2030 (US$M)
UK Gummy Market Outlook Share, 2023 & 2030 (US$M)
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