Asia Pacific Gummy Supplements Market Forecast to 2028

Report Code : BMIRE00025671 | Region : Asia Pacific | Industry : Food and Beverages | Published Date : 10/Aug/2022
Asia Pacific Gummy Supplements Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Digestive Health, Immune Health, Brain Health, Skin Health, Multivitamins, Single Vitamins, and Others), End User (Adults and Kids), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)

The gummy supplements market in Asia Pacific is expected to grow from US$ 2,647.93 million in 2021 to US$ 4,827.64 million by 2028. It is estimated to grow at a CAGR of 9.0% from 2021 to 2028.

The continuous rise in new product developments is the major factor responsible for the growth of the gummy supplements market in the Asia Pacific region. One of the newest manufacturing trends in the gummy supplements market is offering aesthetic and functional benefits. For instance, Sirio Pharma Company Ltd., a contract manufacturer of gummy supplements, has started a new line of center-filled gummies. Center-filled gummies are produced on the company's in-house equipment, enabling the separation of functional ingredients between filling and shelling. Separating ingredients protects key ingredients from moisture and oxidation and reduces the risk of incompatibility. Ingredients in the filling are sheltered through a protective barrier of this shell. Apart from being beneficial in functionality, center-filled gummies also boost aesthetic value. Center-filled gummies can be visually appealing, and different colors can be used for shells and filling. Gummies also provide a different experience for the consumer as they consist of different filling and shell textures, making them taste different.

Gummies are one of the fastest-growing trends in dietary supplements, and their growth is attracting new entrants. Contract manufacturers for gummy supplements are now receiving orders for products that move beyond conventional nutritional ingredients, such as minerals and vitamins. The change in ingredients is prompting continual innovation in gummy processes and formulas. Manufacturers are working on organic and non-GMO claims, reducing artificial ingredients, animal ingredients, and sugar in gummy supplements. The gummy supplements market offers numerous opportunities and scope for innovation that require niche expertise, production capacity, and suitable equipment.

With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific gummy supplements market at a good CAGR during the forecast period.

Asia Pacific Gummy Supplements Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Gummy Supplements Market Segmentation

The Asia Pacific gummy supplements market is analyzed on the basis of type, end user, distribution channel, and country. Based on type, the market is segmented into digestive health, immune health, brain health, skin health, multivitamins, single vitamin, and others. The others segment held the largest market share in 2020. Based on end user, the market is bifurcated into adults and kids. The adults segment held the largest market share in 2020. Based on distribution channels, the market is segmented into supermarkets & hypermarkets, specialty stores, online retail, and others. The specialty stores segment held the largest market share in 2020.

Based on country, the Asia Pacific gummy supplements market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific.

Bayer AG; Church & Dwight, Inc.; Herbaland Naturals Inc.; Jarrow Formula, Inc.; Nature's Bounty; Nature’s Way Products LLC; and The Clorox Company are the leading companies in the gummy supplements market in this region.

The List of Companies - Asia Pacific Gummy Supplements Market

● Bayer AG

● Church & Dwight, Inc.

● Herbaland Naturals Inc.

● Jarrow Formula, Inc.

● Nature's Bounty

● Nature’s Way Products LLC

● The Clorox Company

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis Formulation:

3.2.4 Macro-economic Factor Analysis:

3.2.5 Developing Base Number:

3.2.6 Data Triangulation:

3.2.7 Country Level Data:

3.2.8 Limitations and Assumptions:

4. APAC Gummy Supplements Market Landscape

4.1 Market Overview

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants:

4.2.2 Bargaining Power of Buyers:

4.2.3 Bargaining Power of Suppliers:

4.2.4 Competitive Rivalry:

4.2.5 Threat of Substitutes:

4.3 Expert Opinion

5. APAC Gummy Supplements Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Consumer Getting Inclined towards Preventive Health

5.1.2 Increasing Adoption of Supplements in Gummy Form Among Adults

5.2 Market Restraint

5.2.1 Side Effects Associated with Over Consumption

5.3 Market Opportunities

5.3.1 Latest Product Developments

5.4 Future Trends

5.4.1 Rising Popularity of Plant-Based Supplements

5.4.2 Impact of Social Media

5.5 Impact Analysis of Drivers and Restraints

6. Gummy Supplements – APAC Market Analysis

6.1 APAC Gummy Supplements Market Overview

6.2 APAC Gummy Supplements Market –Revenue and Forecast to 2028 (US$ Million)

7. APAC Gummy Supplements Market Analysis – By Type

7.1 Overview

7.2 APAC Gummy Supplements Market, By Type (2020 and 2028)

7.3 Digestive Health

7.3.1 Overview

7.3.2 Digestive Health: Gummy Supplements Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Immune Health

7.4.1 Overview

7.4.2 Immune Health: Gummy Supplements Market – Revenue and Forecast to 2028 (US$ Million)

7.5 Brain Health

7.5.1 Overview

7.5.2 Brain Health: Gummy Supplements Market – Revenue and Forecast to 2028 (US$ Million)

7.6 Skin Health

7.6.1 Overview

7.6.2 Skin Health: Gummy Supplements Market – Revenue and Forecast to 2028 (US$ Million)

7.7 Multivitamins

7.7.1 Overview

7.7.2 Multivitamins: Gummy Supplements Market – Revenue and Forecast to 2028 (US$ Million)

7.8 Single Vitamin

7.8.1 Overview

7.8.2 Single Vitamin: Gummy Supplements Market – Revenue and Forecast to 2028 (US$ Million)

7.9 Others

7.9.1 Overview

7.9.2 Others: Gummy Supplements Market – Revenue and Forecast to 2028 (US$ Million)

8. APAC Gummy Supplements Market Analysis – By End User

8.1 Overview

8.2 APAC Gummy Supplements Market, By End User (2020 and 2028)

8.3 Adults

8.3.1 Overview

8.3.2 Adults: Gummy Supplements Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Kids

8.4.1 Overview

8.4.2 Kids: Gummy Supplements Market – Revenue and Forecast to 2028 (US$ Million)

9. APAC Gummy Supplements Market Analysis – By Distribution Channel

9.1 Overview

9.2 APAC Gummy Supplements Market, By Distribution Channel (2020 and 2028)

9.3 Supermarkets & Hypermarkets

9.3.1 Overview

9.3.2 Supermarkets & Hypermarkets: Gummy Supplements Market– Revenue and Forecast to 2028 (US$ Million)

9.4 Specialty Stores

9.4.1 Overview

9.4.2 Specialty Stores: Gummy Supplements Market– Revenue and Forecast to 2028 (US$ Million)

9.5 Online Retail

9.5.1 Overview

9.5.2 Online Retail: Gummy Supplements Market– Revenue and Forecast to 2028 (US$ Million)

9.6 Others

9.6.1 Overview

9.6.2 Others: Gummy Supplements Market– Revenue and Forecast to 2028 (US$ Million)

10. APAC Gummy Supplements Market – Country Analysis

10.1 Overview

10.1.1 APAC Gummy Supplements Market Breakdown, by Key Countries

10.1.1.1 China Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)

10.1.1.1.1 China Gummy Supplements Market Breakdown by Type

10.1.1.1.2 China Gummy Supplements Market Breakdown by End User

10.1.1.1.3 China Gummy Supplements Market Breakdown by Distribution Channel

10.1.1.2 Japan Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)

10.1.1.2.1 Japan Gummy Supplements Market Breakdown by Type

10.1.1.2.2 Japan Gummy Supplements Market Breakdown by End User

10.1.1.2.3 Japan Gummy Supplements Market Breakdown by Distribution Channel

10.1.1.3 India Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)

10.1.1.3.1 India Gummy Supplements Market Breakdown by Type

10.1.1.3.2 India Gummy Supplements Market Breakdown by End User

10.1.1.3.3 India Gummy Supplements Market Breakdown by Distribution Channel

10.1.1.4 Australia Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)

10.1.1.4.1 Australia Gummy Supplements Market Breakdown by Type

10.1.1.4.2 Australia Gummy Supplements Market Breakdown by End User

10.1.1.4.3 Australia Gummy Supplements Market Breakdown by Distribution Channel

10.1.1.5 South Korea Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)

10.1.1.5.1 South Korea Gummy Supplements Market Breakdown by Type

10.1.1.5.2 South Korea Gummy Supplements Market Breakdown by End User

10.1.1.5.3 South Korea Gummy Supplements Market Breakdown by Distribution Channel

10.1.1.6 Rest of APAC Gummy Supplements Market Revenue Forecasts to 2028 (US$ Million)

10.1.1.6.1 Rest of APAC Gummy Supplements Market Breakdown by Type

10.1.1.6.2 Rest of APAC Gummy Supplements Market Breakdown by End User

10.1.1.6.3 Rest of APAC Gummy Supplements Market Breakdown by Distribution Channel

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product Development

11.4 Merger and Acquisition

12. Company Profiles

12.1 Bayer AG

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Church & Dwight, Inc.

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Herbaland Naturals Inc.

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Jarrow Formulas, Inc

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Nature's Bounty

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Nature's Way Products, LLC

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 The Clorox Company

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES.

Table 1.             APAC Gummy Supplements Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             China Gummy Supplements Market Revenue and Forecasts to 2028 – By Type (US$ Million)

Table 3.             China Gummy Supplements Market Revenue and Forecasts to 2028 – By End User (US$ Million)

Table 4.             China Gummy Supplements Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

Table 5.             Japan Gummy Supplements Market Revenue and Forecasts to 2028 – By Type (US$ Million)

Table 6.             Japan Gummy Supplements Market Revenue and Forecasts to 2028 – By End User (US$ Million)

Table 7.             Japan Gummy Supplements Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

Table 8.             India Gummy Supplements Market Revenue and Forecasts to 2028 – By Type (US$ Million)

Table 9.             India Gummy Supplements Market Revenue and Forecasts to 2028 – By End User (US$ Million)

Table 10.          India Gummy Supplements Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

Table 11.          Australia Gummy Supplements Market Revenue and Forecasts to 2028 – By Type (US$ Million)

Table 12.          Australia Gummy Supplements Market Revenue and Forecasts to 2028 – By End User (US$ Million)

Table 13.          Australia Gummy Supplements Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

Table 14.          South Korea Gummy Supplements Market Revenue and Forecasts to 2028 – By Type (US$ Million)

Table 15.          South Korea Gummy Supplements Market Revenue and Forecasts to 2028 – By End User (US$ Million)

Table 16.          South Korea Gummy Supplements Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

Table 17.          Rest of APAC Gummy Supplements Market Revenue and Forecasts to 2028 – By Type (US$ Million)

Table 18.          Rest of APAC Gummy Supplements Market Revenue and Forecasts to 2028 – By End User (US$ Million)

Table 19.          Rest of APAC Gummy Supplements Market Revenue and Forecasts to 2028 – By Distribution Channel (US$ Million)

Table 20.          List of Abbreviation

The List of Companies - Asia Pacific Gummy Supplements Market

● Bayer AG

● Church & Dwight, Inc.

● Herbaland Naturals Inc.

● Jarrow Formula, Inc.

● Nature's Bounty

● Nature’s Way Products LLC

● The Clorox Company

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific gummy supplements market

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific gummy supplements market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the gummy supplements market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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