Adult Vitamin Gummies Market - Forecast(2023 - 2028)

Adult Vitamin Gummies Market size is estimated to reach $7.3 billion by 2027, growing at a CAGR of 7.4% during the forecast period 2022-2027. Adult vitamin gummies are used by adults to treat or avert vitamin deficiency. Hair gummies are flavored, chewy pastilles including a mix of vitamins and minerals planned to assist hair health. Biotin gummies bundle all the advantages of vital vitamins into the appropriate, delectable and bite-sized form of a gummy. Opting for gummies is a wonderful solution for pill phobia. Kirkland Signature Adult Multivitamin Gummies include vitamins A, C, D, E, B6 and B12, besides niacin, folic acid and biotin. Vitafusion has developed skin gummies termed vitafusion™ Irresistible Skin Gummy Vitamins with vitamins A, E and Collagen. The upsurging awareness about the consumption of vitamins attributed to novel product launches is set to drive the Adult Vitamin Gummies Market. The soaring availability of skin gummies online would propel the growth of the Adult Vitamin Gummies Industry during the forecast period 2022-2027. This represents the Adult Vitamin Gummies Industry Outlook.

Adult Vitamin Gummies Market Report Coverage

The “Adult Vitamin Gummies Market Report - Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments in the Adult Vitamin Gummies Market.

by Type: Single Vitamins and Multi-vitamins.
by Application: Food Supplements, Vitamin Deficiency, Weight Management, Immunity and Others.
by Geography: North America (the US, Canada and Mexico), Europe (Germany, France, the UK, Italy, Spain, Russia and the Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and the Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and the Rest of South America) and the Rest of the World (the Middle East and Africa).

Key Takeaways

• Geographically, North America accounted for the highest revenue share in 2021 and it is poised to dominate the market over the period 2022-2027 due to the changing inclination of consumers toward healthier lifestyles in the North American region.
• The growth of the Adult Vitamin Gummies Market is being driven by the surging advantages of Adult Vitamin Gummies, involving treating or preventing vitamin deficiency. However, excessive consumption of gummy vitamins may lead to the risk of gaining excessive nutrients and this is one of the major factors hampering the growth of the Adult Vitamin Gummies Market.
• Adult Vitamin Gummies Market Detailed Analysis of the Strengths, Weaknesses and Opportunities of the prominent players operating in the market would be provided in the Adult Vitamin Gummies Market report.

Adult Vitamin Gummies Market: Market Share (%) by Region, 2021

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Adult Vitamin Gummies Market Segment Analysis - by Type

The Adult Vitamin Gummies Market based on type can be further segmented into Single Vitamins and Multi-vitamin. The multi-vitamins segment held the largest share in the Adult Vitamin Gummies market in 2021. This growth is driven by the surging intake of multivitamins by adults and millennials. Multivitamins may include niacin, folic acid, iodine, zine and choline. The soaring application of multi-vitamins for weight control, superior metabolic health and enhanced immunity are further propelling the growth of the Multi-vitamins segment.

Furthermore, the Single Vitamins segment is estimated to grow with the fastest CAGR of 8.5% during the forecast period 2022-2027. It is due to the increasing application of single vitamins with nutrient insufficiency or those enduring ailments like beriberi and pellagra and their recommendation by the National Institutes of Health (U.S.) for particular population classes.

Adult Vitamin Gummies Market Segment Analysis - by Application

The Adult Vitamin Gummies Market based on the application can be further segmented into Food Supplements, Vitamin Deficiency, Weight Management, Immunity and Others. The Vitamin Deficiency Segment held the largest share in the Adult Vitamin Gummies market in 2021. This growth is fuelled by the spiraling intake of Adult Vitamin Gummies to correct nutritional deficiencies like a vitamin deficiency. Niacin and folic acid gummies are available online. The considerable application of Adult Vitamin Gummies to guarantee sufficient nutritional consumption for the human body is further propelling the growth of this segment. Furthermore, the Food Supplements segment is estimated to grow with the fastest CAGR of 9.7% during the forecast period 2022-2027. This is because of the snowballing suitable labeling of Adult Vitamin Gummies as food supplements as per the rules incorporated by the European Commission and the emerging product awareness.

Adult Vitamin Gummies Market Segment Analysis - by Geography

North America held the largest share in the Adult Vitamin Gummies market with 35% of the overall market in 2021, owing to the surging popularity of the gummy format in the region. The soaring intake of folic acid gummies (among women) and niacin gummies is further propelling the growth of the Adult Vitamin Gummies Industry, thereby contributing to the Adult Vitamin Gummies Industry Outlook, in the North American region. Furthermore, the Asia-Pacific region is estimated to be the region with the fastest CAGR over the forecast period 2022-2027. This growth is owing to factors like the changing consumption patterns in the Asia-Pacific region. The effortless accessibility of folic acid gummies online is further fuelling the progress of the Adult Vitamin Gummies Market in the Asia-Pacific region.

Adult Vitamin Gummies Market Drivers

Surging Advantages of Vitamin D Gummies:

The body prepares about 90% of the vitamin D it requires from direct UV light from sunshine. As per investigations, it has been recommended that intake of vitamin D gummy candies can assist in handling the blood levels of vitamins. Those who are enduring vitamin deficiency issues of vitamin D possess greater risks of a heart attack. Therefore, vitamin D gummies assist in replenishing all the vitamin deficiency issues of vitamin D and care for health. Vitamin D gummies decrease the risk of cancer. Vitamin D gummies would create a more powerful immunity to combat respiratory infections. The surging advantages of Vitamin D Gummies like filling vitamin deficiency issues are therefore fuelling the growth of the Adult Vitamin Gummies Market during the forecast period 2022-2027.

Soaring Applications of Skin Gummies:

Bodywise has developed skin gummies termed Bodywise Skin Health Gummies. These delectable gummies include hyaluronic acid, vitamin C, vitamin B and curcumin to assist in augmenting skin health and providing a glow to the skin. Hyaluronic acid serves as a lipid barrier, assisting the skin in protecting itself against environmental age factors and pollutants. Vitamin C decreases the countenance of blemishes, fine lines and wrinkles, providing it a bright look. Vitamin E decreases the skin injury brought about by ultraviolet radiation. Each pack includes 60 gummies. These kinds of soaring applications of skin gummies are therefore driving the growth of the Adult Vitamin Gummies Industry, thereby contributing to the Adult Vitamin Gummies Industry Outlook during the forecast period 2022-2027.

Adult Vitamin Gummies Market Challenge

Limitations of Biotin Gummies:

Nutrachamp has developed biotin gummies which include the greatest quantity of biotin - 10,000mcg. It is well recognized that a surplus of anything is harmful to health. Therefore, in certain cases, it can bring about side effects for certain people. These biotin gummies are quite tasty. However, they are very difficult to chew. Biotin may result in allergies. Biotin can also result in excessive facial hair. Side effects of biotin include raised occurrence of acne, emerging on the chin and about the jawline. These issues are thus hampering the growth of the Adult Vitamin Gummies Market.

Adult Vitamin Gummies Industry Outlook

Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the Adult Vitamin Gummies Market. The top 10 companies in the Adult Vitamin Gummies market are:

1. Pfizer Inc.
2. Church & Dwight Co.
3. Bayer Inc.
4. Pharmavite LLC.
5. Olly Public Benefit Corp.
6. Herbaland
7. VITAFUSION
8. ABH Labs, LLC
9. The Ferrara Candy Company
10. Gimbal’s Gummy Vitamins

Recent Developments

• In January 2022, Vegums declared the introduction of Vegums USA. Vegums was built to attend to the vitamin and mineral deficiencies. This was related to expeditiously growing vegan and plant-based lifestyles.
• In April 2021, Persona introduced the novel Gummy Vitamin Packs for the complete family. These daily packs aim at particular health ideals. These involve immune health, focus and relaxation amidst others.
• In September 2020, Bayer AG consented to purchase Care/of as the German drugmaker aimed to extend its nutrition business. German drugmaker would purchase a 70% stake in the New York business. There are plans to advance Care/of across novel classifications and markets. 

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