Pune, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Functional Gummies market report is knowledge and experience shared by industry experts to take correct decisions for manufacturers, new entrants, and industry chain-related companies. The report includes a worldwide study with top players in the market, growth in the near future, revenue and share in the market, challenges, and opportunities in the past and future.
Functional Gummies market report offers segmentation by product type, application, regional breakup, market size, volume, and value. This report has delivered the key development plans, such as innovative trends and expansions, strengthening of product portfolio, mergers and acquisitions, collaborations, new product invention, and geographical development, undertaken by these participants to maintain their presence.
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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.
Due to the COVID-19 pandemic, the global Functional Gummies market size is estimated to be worth USD 1081.9 million in 2022 and is forecast to a readjusted size of USD 1927 million by 2028 with a CAGR of 10.1% during the review period.
Geographic Segmentation: -
- North America
- Europe
- Asia-Pacific
- South America
- The Middle East and Africa
North America is the largest market, with a share about 47%, followed by Europe and Asia Pacific with the share about 27% and 21%.
Key players in the global market include: -
- Nutra Solutions
- Hero Nutritionals
- Santa Cruz Nutritionals
- Superior Supplement Manufacturing
- Bettera Wellness
- Better Nutritionals
- Makers Nutrition
- ABH Natures
- SMP Nutra
Global core functional gummies manufacturers include Santa Cruz Nutritionals, Herbaland and Sirio Pharma etc. The top 1 company hold a share about 21%.
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Segmentation by Types: -
- Gelatin Gummies
- Vegan Gummies
Segmentation by Applications: -
- Vitamin Gummies
- DHA and Omega-3 Gummies
- Probiotics Gummies
- Plant Extract Gummies
- Other Gummies
COVID-19 and Russia-Ukraine War Influence Analysis: -
The readers in the section will understand how the Functional Gummies market scenario changed across the globe during the pandemic, post-pandemic, and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behaviour, supply chain management, export and import, and production.
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Reasons to Buy This Report: -
- This report stays updated with novel technology integration, features, and the latest developments in the market
- This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Functional Gummies industry.
- This report helps stakeholders to gain insights into which regions to target globally
- This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Keyword.
- This report helps stakeholders to identify some of the key players in the Functional Gummies market and understand their valuable contributions.
Detailed TOC of Global and United States Functional Gummies Market Report & Forecast 2022-2028
1 Study Coverage
2 Market by Type
3 Market by Application
4 Global Functional Gummies Competitor Landscape by Company
5 Global Functional Gummies Market Size by Region
6 Segment in Region Level & Country Level
7 Company Profiles
8 Industry Chain and Sales Channels Analysis
9 Research Findings and Conclusion
10 Appendix
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