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Gummy Market Trends

Report ID: GMI6969
Published Date: Oct 2023
Report Format: PDF

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Gummy Market Trends

There's a growing demand for gummy products made with clean, natural, and organic ingredients. Consumers are paying more attention to ingredient lists and avoiding artificial additives and preservatives. Clean labeling, including claims like "no artificial colors" and "non-GMO," is becoming a key selling point for gummy brands.

Authors: Kunal Ahuja, Himanshu Kabra

Frequently Asked Questions (FAQ) :

The market size of gummy reached USD 20.9 billion in revenue in 2023 and it is set to expand at over 10.4% CAGR from 2024 to 2032, owing to the rising consumer demand for healthier snack options worldwide.

Fruit-based gummy segment size generated USD 6.5 billion in revenue in 2022, due to provide portable and mess-free way to enjoy fruit flavors.

North America market accounted for USD 7.2 billion in revenue in 2022, driven by the increasing consumer interest in health and wellness.

Some prominent firms operating in the industry are Nestle SA, Bayer AG, Church & Dwight Co. Inc., Procter & Gamble, Unilever PLC (OLLY), Amway Corp., Otsuka Holdings Co., Ltd., GSK Plc, Haleon Group of Companies, Catalent, Inc., H&H Group, and Procaps Group.