The global Functional Gummies market was valued at 557.18 Million USD in 2020 and will grow with a CAGR of 10.51% from 2020 to 2027, based on newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Functional gummies, also called Nutraceutical Gummies, are one of the fastest growing nutraceutical segments across Europe, North America and Asia. It usually contains various vitamin, DHA, Omega-3, Probiotics, minerals and other functionalities actives.Functional gummies are mainly classified into the following types: gelatin and vegan. gelatin is the most widely used type which takes up about 92.8% of the total sales in 2019. Functional gummies have wide range of applications, such as vitamin gummies, DHA and Omega-3 Gummies, Probiotics Gummies, etc. And vitamin gummy was the most widely used area which took up about 66.4% of the global total in 2019. Santa Cruz Nutritionals, Amapharm, Herbaland, Hero Nutritionals, Sirio Pharma, etc. are the key suppliers in the global functional gummies market. Top 5 took up more than 49% of the global market in 2019. Sirio Pharma expanded her capacity in 2020.
By Market Verdors:
Nutra Solutions
Hero Nutritionals
Santa Cruz Nutritionals
Superior Supplement Manufacturing
Bettera Wellness
Better Nutritionals
Makers Nutrition
ABH Natures
SMP Nutra
Vitakem Nutraceutical
Herbaland
Cava Pharma
Prime Health
NutraLab Corp
Procaps (Funtrition)
VitaWest Nutraceuticals
Amapharm
ParkAcre
Seven Seas Ltd
Allsep`s
Long Island Nutritionals (LIN)
Sirio Pharma
Jiangsu Handian
By Types:
Gelatin Gummies
Vegan Gummies
By Applications:
Vitamin Gummies
DHA and Omega-3 Gummies
Probiotics Gummies
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
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To understand the future outlook and prospects for the market.
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1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Functional Gummies Revenue
1.4 Market Analysis by Type
1.4.1 Global Functional Gummies Market Size Growth Rate by Type: 2021 VS 2027
1.4.2 Gelatin Gummies
1.4.3 Vegan Gummies
1.5 Market by Application
1.5.1 Global Functional Gummies Market Share by Application: 2022-2027
1.5.2 Vitamin Gummies
1.5.3 DHA and Omega-3 Gummies
1.5.4 Probiotics Gummies
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Functional Gummies Market
1.8.1 Global Functional Gummies Market Status and Outlook (2016-2027)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Functional Gummies Production Capacity Market Share by Manufacturers (2016-2021)
2.2 Global Functional Gummies Revenue Market Share by Manufacturers (2016-2021)
2.3 Global Functional Gummies Average Price by Manufacturers (2016-2021)
2.4 Manufacturers Functional Gummies Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Functional Gummies Sales Volume Market Share by Region (2016-2021)
3.2 Global Functional Gummies Sales Revenue Market Share by Region (2016-2021)
3.3 North America Functional Gummies Sales Volume
3.3.1 North America Functional Gummies Sales Volume Growth Rate (2016-2021)
3.3.2 North America Functional Gummies Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.4 East Asia Functional Gummies Sales Volume
3.4.1 East Asia Functional Gummies Sales Volume Growth Rate (2016-2021)
3.4.2 East Asia Functional Gummies Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.5 Europe Functional Gummies Sales Volume (2016-2021)
3.5.1 Europe Functional Gummies Sales Volume Growth Rate (2016-2021)
3.5.2 Europe Functional Gummies Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.6 South Asia Functional Gummies Sales Volume (2016-2021)
3.6.1 South Asia Functional Gummies Sales Volume Growth Rate (2016-2021)
3.6.2 South Asia Functional Gummies Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.7 Southeast Asia Functional Gummies Sales Volume (2016-2021)
3.7.1 Southeast Asia Functional Gummies Sales Volume Growth Rate (2016-2021)
3.7.2 Southeast Asia Functional Gummies Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.8 Middle East Functional Gummies Sales Volume (2016-2021)
3.8.1 Middle East Functional Gummies Sales Volume Growth Rate (2016-2021)
3.8.2 Middle East Functional Gummies Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.9 Africa Functional Gummies Sales Volume (2016-2021)
3.9.1 Africa Functional Gummies Sales Volume Growth Rate (2016-2021)
3.9.2 Africa Functional Gummies Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.10 Oceania Functional Gummies Sales Volume (2016-2021)
3.10.1 Oceania Functional Gummies Sales Volume Growth Rate (2016-2021)
3.10.2 Oceania Functional Gummies Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.11 South America Functional Gummies Sales Volume (2016-2021)
3.11.1 South America Functional Gummies Sales Volume Growth Rate (2016-2021)
3.11.2 South America Functional Gummies Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.12 Rest of the World Functional Gummies Sales Volume (2016-2021)
3.12.1 Rest of the World Functional Gummies Sales Volume Growth Rate (2016-2021)
3.12.2 Rest of the World Functional Gummies Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
4 North America
4.1 North America Functional Gummies Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Functional Gummies Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Functional Gummies Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia Functional Gummies Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Functional Gummies Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East Functional Gummies Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa Functional Gummies Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Functional Gummies Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Functional Gummies Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World Functional Gummies Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Functional Gummies Sales Volume Market Share by Type (2016-2021)
14.2 Global Functional Gummies Sales Revenue Market Share by Type (2016-2021)
14.3 Global Functional Gummies Sales Price by Type (2016-2021)
15 Consumption Analysis by Application
15.1 Global Functional Gummies Consumption Volume by Application (2016-2021)
15.2 Global Functional Gummies Consumption Value by Application (2016-2021)
16 Company Profiles and Key Figures in Functional Gummies Business
16.1 Nutra Solutions
16.1.1 Nutra Solutions Company Profile
16.1.2 Nutra Solutions Functional Gummies Product Specification
16.1.3 Nutra Solutions Functional Gummies Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.2 Hero Nutritionals
16.2.1 Hero Nutritionals Company Profile
16.2.2 Hero Nutritionals Functional Gummies Product Specification
16.2.3 Hero Nutritionals Functional Gummies Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.3 Santa Cruz Nutritionals
16.3.1 Santa Cruz Nutritionals Company Profile
16.3.2 Santa Cruz Nutritionals Functional Gummies Product Specification
16.3.3 Santa Cruz Nutritionals Functional Gummies Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.4 Superior Supplement Manufacturing
16.4.1 Superior Supplement Manufacturing Company Profile
16.4.2 Superior Supplement Manufacturing Functional Gummies Product Specification
16.4.3 Superior Supplement Manufacturing Functional Gummies Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.5 Bettera Wellness
16.5.1 Bettera Wellness Company Profile
16.5.2 Bettera Wellness Functional Gummies Product Specification
16.5.3 Bettera Wellness Functional Gummies Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.6 Better Nutritionals
16.6.1 Better Nutritionals Company Profile
16.6.2 Better Nutritionals Functional Gummies Product Specification
16.6.3 Better Nutritionals Functional Gummies Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.7 Makers Nutrition
16.7.1 Makers Nutrition Company Profile
16.7.2 Makers Nutrition Functional Gummies Product Specification
16.7.3 Makers Nutrition Functional Gummies Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.8 ABH Natures
16.8.1 ABH Natures Company Profile
16.8.2 ABH Natures Functional Gummies Product Specification
16.8.3 ABH Natures Functional Gummies Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.9 SMP Nutra
16.9.1 SMP Nutra Company Profile
16.9.2 SMP Nutra Functional Gummies Product Specification
16.9.3 SMP Nutra Functional Gummies Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.10 Vitakem Nutraceutical
16.10.1 Vitakem Nutraceutical Company Profile
16.10.2 Vitakem Nutraceutical Functional Gummies Product Specification
16.10.3 Vitakem Nutraceutical Functional Gummies Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.11 Herbaland
16.11.1 Herbaland Company Profile
16.11.2 Herbaland Functional Gummies Product Specification
16.11.3 Herbaland Functional Gummies Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.12 Cava Pharma
16.12.1 Cava Pharma Company Profile
16.12.2 Cava Pharma Functional Gummies Product Specification
16.12.3 Cava Pharma Functional Gummies Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.13 Prime Health
16.13.1 Prime Health Company Profile
16.13.2 Prime Health Functional Gummies Product Specification
16.13.3 Prime Health Functional Gummies Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.14 NutraLab Corp
16.14.1 NutraLab Corp Company Profile
16.14.2 NutraLab Corp Functional Gummies Product Specification
16.14.3 NutraLab Corp Functional Gummies Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.15 Procaps (Funtrition)
16.15.1 Procaps (Funtrition) Company Profile
16.15.2 Procaps (Funtrition) Functional Gummies Product Specification
16.15.3 Procaps (Funtrition) Functional Gummies Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.16 VitaWest Nutraceuticals
16.16.1 VitaWest Nutraceuticals Company Profile
16.16.2 VitaWest Nutraceuticals Functional Gummies Product Specification
16.16.3 VitaWest Nutraceuticals Functional Gummies Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.17 Amapharm
16.17.1 Amapharm Company Profile
16.17.2 Amapharm Functional Gummies Product Specification
16.17.3 Amapharm Functional Gummies Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.18 ParkAcre
16.18.1 ParkAcre Company Profile
16.18.2 ParkAcre Functional Gummies Product Specification
16.18.3 ParkAcre Functional Gummies Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.19 Seven Seas Ltd
16.19.1 Seven Seas Ltd Company Profile
16.19.2 Seven Seas Ltd Functional Gummies Product Specification
16.19.3 Seven Seas Ltd Functional Gummies Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.20 Allsep`s
16.20.1 Allsep`s Company Profile
16.20.2 Allsep`s Functional Gummies Product Specification
16.20.3 Allsep`s Functional Gummies Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.21 Long Island Nutritionals (LIN)
16.21.1 Long Island Nutritionals (LIN) Company Profile
16.21.2 Long Island Nutritionals (LIN) Functional Gummies Product Specification
16.21.3 Long Island Nutritionals (LIN) Functional Gummies Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.22 Sirio Pharma
16.22.1 Sirio Pharma Company Profile
16.22.2 Sirio Pharma Functional Gummies Product Specification
16.22.3 Sirio Pharma Functional Gummies Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.23 Jiangsu Handian
16.23.1 Jiangsu Handian Company Profile
16.23.2 Jiangsu Handian Functional Gummies Product Specification
16.23.3 Jiangsu Handian Functional Gummies Production Capacity, Revenue, Price and Gross Margin (2016-2021)
17 Functional Gummies Manufacturing Cost Analysis
17.1 Functional Gummies Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Functional Gummies
17.4 Functional Gummies Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Functional Gummies Distributors List
18.3 Functional Gummies Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of Functional Gummies (2022-2027)
20.2 Global Forecasted Revenue of Functional Gummies (2022-2027)
20.3 Global Forecasted Price of Functional Gummies (2016-2027)
20.4 Global Forecasted Production of Functional Gummies by Region (2022-2027)
20.4.1 North America Functional Gummies Production, Revenue Forecast (2022-2027)
20.4.2 East Asia Functional Gummies Production, Revenue Forecast (2022-2027)
20.4.3 Europe Functional Gummies Production, Revenue Forecast (2022-2027)
20.4.4 South Asia Functional Gummies Production, Revenue Forecast (2022-2027)
20.4.5 Southeast Asia Functional Gummies Production, Revenue Forecast (2022-2027)
20.4.6 Middle East Functional Gummies Production, Revenue Forecast (2022-2027)
20.4.7 Africa Functional Gummies Production, Revenue Forecast (2022-2027)
20.4.8 Oceania Functional Gummies Production, Revenue Forecast (2022-2027)
20.4.9 South America Functional Gummies Production, Revenue Forecast (2022-2027)
20.4.10 Rest of the World Functional Gummies Production, Revenue Forecast (2022-2027)
20.5 Forecast by Type and by Application (2022-2027)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2022-2027)
20.5.2 Global Forecasted Consumption of Functional Gummies by Application (2022-2027)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Functional Gummies by Country
21.2 East Asia Market Forecasted Consumption of Functional Gummies by Country
21.3 Europe Market Forecasted Consumption of Functional Gummies by Countriy
21.4 South Asia Forecasted Consumption of Functional Gummies by Country
21.5 Southeast Asia Forecasted Consumption of Functional Gummies by Country
21.6 Middle East Forecasted Consumption of Functional Gummies by Country
21.7 Africa Forecasted Consumption of Functional Gummies by Country
21.8 Oceania Forecasted Consumption of Functional Gummies by Country
21.9 South America Forecasted Consumption of Functional Gummies by Country
21.10 Rest of the world Forecasted Consumption of Functional Gummies by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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