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Gummy Supplements Market Drivers, and Challenges | MarketsandMarkets

The global gummy supplements market is projected to reach USD 48.5 billion by 2028, at a CAGR of 14.5% over the forecast period. It is estimated to be valued USD 24.6 billion in 2023.

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Gummy Supplements Market Drivers, and Challenges | MarketsandMarkets

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  1. GummySupplementMarketworth$48.5billionby2028– Exclusive Report by MarketsandMarkets™ TheGummySupplementsMarketisprojectedtoreachUSD48.5billionby2028fromUSD24.6billionby2023,ataCAGRof14.5%from 2023 to 2028 according to a new report by MarketsandMarkets™. TheWorldHealthOrganization(WHO)estimatesthatmorethantwobillionpeopleworldwidesufferfrommicronutrientinsufficiency.Iron,vitaminA,andiodinedeficienciesarethemostprevalentworldwide,particularlyinyoungstersandpregnantwomen.Micronutrientdeficitsaredisproportionatelyprevalentinlow-andmiddle-incomecountries.Micronutrientdeficienciescaninduceevidentandserioushealthissues,buttheycanalsoproducelessclinicallynoticeabledecreasesinenergy,mentalclarity,andoverallcapacity.Thismayresultinpooreracademicperformance,decreasedproductivityatwork,andahigherchanceofcontractingotherillnessesandmedicaldisorders.Alotoftheseinadequaciescanbeavoidedbytakingsupplements.Thus,consumersaregraduallyadoptinggummysupplementswhichprovidetherequirednumberofvitamins,minerals,andothermicronutrientsinaconvenientandtastefulform. DownloadPDFBrochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=39376426 Browsein-depthTOCon"GummySupplementMarket” 266– Tables 57– Figures 330– Pages Vitamingummiessegmentisanticipatedtohavethelargestshareamonggummytypesin2023 Theglobalmarketforgummyvitaminsiscurrentlyexperiencingtremendousgrowth.Gummyvitaminstypicallyhavedeliciousfruityflavorsandallthenecessarymicronutrients.Therefore,alotofindividualschoosegummyvitaminsoverconventionalvitamins,especiallykidsandelderlypeoplewhohaveproblemsswallowingtablets.Intheupcomingyears,thenutraceuticalbusinessisexpectedtoseeasignificantincreaseinsalesofvitamingummies.Working-classconsumerswhoseektobalancehealthfactorslikefolicacid,metabolichealth,andglycemicindexinanefforttoaddressproblemslikebonestrength,immunity,andvitamindeficiencieswillalsocontributesignificantlyintheexpansionofthegummysupplementsmarket. Thekidssegmentisprojectedtogrowatthefastestrateamongalltheotherend-usersintheGummySupplementsmarketin2023 Gummysupplementshavegrowninpopularityasaconvenientwaytoprovidekidswiththevitaminsandmineralstheyrequirewithouthavingtoconsumearangeoffoods.Gummysupplementsmeetthechangingdemandsofchildren.Theysupplycomprehensivenourishmentinanuncomplicatedwaytothekids.Theyaresuperiortonormalvitaminsandmoreappealingtocapturekids'interestandmakethemeasiertoingest.Unliketabletsorpills,gummiesareeasierforkidstoswallowsincetheyareshapedlikesweets.Additionally,accordingtothescientificarticletitled“Intraindividualdoubleburdenofoverweightandmicronutrientdeficienciesoranemiaamongpreschoolchildren”,publishedin2020,anestimated29%ofpreschoolchildrenworldwidearevitaminAdeficient,18%areanemic,and17%areatdangeroflowzincintake.Thus,thesoaringratesofmicronutrientdeficienciescanbereducedwiththehelpofgummysupplements,augmentingitsmarketgrowth. RequestSamplePages:https://www.marketsandmarkets.com/requestsampleNew.asp?id=39376426 NorthAmericaregioniswitnessingthehighestgrowthrateintheGummySupplementsmarket Accordingtoa2022reportfromtheAmericanPsychologicalAssociation,financialtroubles,alongwithadelugeofhorriblevisualsfromUkraineasRussia,havepushedamajorityofAmericanstonewlevelsofstress.Hence,althoughimmunitygummiesareincreasinglypopularintheUSafterthepandemic,interestingummiesthatassistmentalhealthandsleephasalsobeenrising. Additionally,accordingtotheCDC,theprevalenceofmetabolicsyndromeisestimatedatmorethan30%intheUnitedStatesThus,Avitamin,mineral,orsupplementproductisnormallytakenbymorethanthreeoutofeveryfourAmericanstomaintaintheirhealth.Consideringgummiesarethemostconvenientandflavorfulformofsupplementsprovidingavarietyoffunctionality,themarketisrapidlyflourishinginthisregion. RequestaCustomizedSolutionTailoredtoyourSpecificBusinessNeeds: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=39376426

  2. BrowseAdjacentReports@FoodandBeverageMarketResearchReports&ConsultingBrowseAdjacentReports@FoodandBeverageMarketResearchReports&Consulting RelatedReports: DietarySupplementsMarketbyType(Botanicals,Vitamins,Minerals,AminoAcids,Enzymes,Probiotics),Function(AdditionalSupplements,MedicinalSupplements,SportsNutrition),ModeofApplication,TargetConsumer,andRegion-GlobalForecastto2027 About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternativeingrowthconsultingandprogrammanagement,leveragingaman-machineofferingtodrivesupernormalgrowthforprogressiveorganizationsintheB2Bspace.Wehavethewidestlensonemergingtechnologies,makingusproficientinco-creatingsupernormalgrowthforclients. TheB2Beconomyiswitnessingtheemergenceof$25trillionofnewrevenuestreamsthataresubstitutingexistingrevenuestreamsinthisdecadealone.Weworkwithclientsongrowthprograms,helpingthemmonetizethis$25trillionopportunitythroughourservicelines-TAMExpansion,Go-to-Market(GTM)StrategytoExecution,MarketShareGain,AccountEnablement,andThoughtLeadershipMarketing. Builtonthe'GIVEGrowth'principle,weworkwithseveralForbesGlobal2000B2Bcompanies-helpingthemstayrelevantinadisruptiveecosystem.Ourinsightsandstrategiesaremoldedbyourindustryexperts,cutting-edgeAI-poweredMarketIntelligenceCloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integratesourresearch,facilitatesananalysisofinterconnectionsthroughasetofapplications,helpingclientslookattheentireecosystemandunderstandtherevenueshiftshappeningintheirindustry. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter,LinkedInandFacebook. Contact: Mr.AashishMehraMarketsandMarkets™ INC. 630DundeeRoad Suite430 Northbrook,IL60062 USA:+1-888-600-6441 Email:sales@marketsandmarkets.com ResearchInsight:https://www.marketsandmarkets.com/ResearchInsight/gummy-supplements-market.aspVisitOurWebsite:https://www.marketsandmarkets.com/ ContentSource:https://www.marketsandmarkets.com/PressReleases/gummy-supplements.asp

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