Sugar-free gummy also known as soft chew supplements are sweets that not only good in taste but incorporated with nutritional components offer consumers a more pleasant and tasty way to take vitamins and supplements. The components present in sugar-free gummies includes active minerals and vitamins, gelling agents (gelatin, agar-agar, and pectin), bulk sweetener agents (polyalcohol, organic sweeteners), and water.
Due to consumers' inclination towards vitamin sources and additional attributes, sugar-free gummies have attracted a huge consumer base within the past few years as they are specially formulated to guarantee consumer adherence, are custom made, and have enhanced stability avoiding color oxidation.
Sugar-free gummy is widely produced by food manufacturers as an ingredient owing to high preference from both kids and adults. The sugar-free gummy market is estimated to increase suggestively due to swift growth in end-user consumption as they are a popular alternative to pill in the dietary supplement aisle.
Asia Pacific sugar-free gummy market is anticipated to grow significantly, as the industries in this region are the significant producers and exporters of gummies. Sugar-free gummy demand is projected to gain high traction in food and candy manufacturing industries in the region will positively impact the market growth in the short term forecast period.
Sugar-Free Gummy Witness a Lucrative Demand from the Food Industry:
The market is attributed to the widespread application of sugar-free gummy in the food industry and the pharmaceutical industry is witnessing an upsurge in demand since it is one of the most valuable nutritive sugar-free supplement available in the market. The factors facilitating the growth of the market is the consumer’s inclination towards sugar-free diets and supplements.
Texture differences and flavor combinations play a crucial role in the growth of the sugar-free gummy market. The ever-increasing pharmaceutical and food industry is the primary driver for the escalating demand for soft chew supplements, producers utilize attractive packaging techniques that help potential customers understand if the product is right for them.
However, some loopholes can act as restraints in the growth of the global sugar-free gummy market. The risk of gastrointestinal discomfort – bloating or diarrhea– has been the biggest bottle-neck hampering the growth of the global sugar-free gummy market.
Global Sugar-Free Gummy: Key Players
Some of the industry participants include
- Costo’s Vitafusion
- Jelly Belly Sugar-free Jelly Beans
- Pharmavite LLC
- LLC and Life Science Nutritionals Inc
The manufacturers are mostly involved in the production of Sugar-free Gummy and their byproducts for their utilization in various sectors.
Opportunities for Global Sugar-Free Gummy Market Participants:
In terms of volume, Asia Pacific accounts for the dominating share in the global sugar-free gummy market in 2019. The region is likely to experience the significant growth in the next few years. Thus, it is anticipated to maintain its dominance during the forecast period.
Asia Pacific and North America are predicted to offer fast-growing markets for sugar-free gummy during the forecast period. Increasing demand for nutritive supplements from the food industry and rapid developments in the pharma industry is projected to drive the demand for sugar-free gummy market in these regions.
The COVID-19 pandemic affected the global supply chain on a vast scale. The sugar-free gummy manufacturers spend a lot capital while procuring the ingredients. The factor restricting them a good purchase price is low production capacity.
The Sugar-free Gummy market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the Sugar-free Gummy market, including but not limited to: regional markets, nature, packaging, application.
The Report Covers Exhaustive Analysis on:
- Sugar-free Gummy market segment
- Sugar-free Gummy market dynamics
- Sugar-free Gummy market size
- Sugar-free Gummy supply and demand
- Current trends/issues/challenges pertaining to Sugar-free Gummy market
- Competition landscape and emerging market participants in Sugar-free Gummy market
- Technology related to production/processing of Sugar-free Gummy
- Value chain analysis of the Sugar-free Gummy market
Regional Analysis Includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Rest of Latin America)
- Europe (Germany, U.K., France, Italy, Spain, BENELUX, Poland, Russia, Nordic, Rest of Europe)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
The Sugar-free Gummy market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analysing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the Sugar-free Gummy market report projects the attractiveness of each major segment over the forecast period.
Highlights of the Sugar-free Gummy Market Report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the Sugar-free Gummy market
- Recommendations to companies for strengthening their foothold in the Sugar-free Gummy market
Global Sugar-Free Gummy: Market Segmentation
On the basis of nature :
On the basis of source :
- Animal based
- Plant based
On the basis of customer orientation :
- Adult gummies
- Kids gummies
- Prenatal gummies
- Heart gummies
- Pet gummies
On the basis of packaging :
- Bottles & Jars
- Stand-Up Pouches
- Other Packaging Type
On the basis of distribution channel :
- Direct Sales
- Modern Trade
- Convenience Stores
- Departmental Store
- Specialty Store
- Drug Store/Pharmacies
- Online Retailers
- Other Sales Channels
Market Research Methodology - Perfected through Years of Diligence
A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.