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The gummy supplements market in North America is expected to grow from US$ 3,267.08 million in 2021 to US$ 5,476.50 million by 2028. It is estimated to grow at a CAGR of 7.7% from 2021 to 2028.
The escalating preference among North American consumers for proactive health measures stands as a primary catalyst for the burgeoning gummy supplements market. A heightened focus on health and fitness has gained significant traction in recent years, propelled by the increasing prevalence of diseases like cancer and cardiovascular disorders, alongside conditions such as diabetes, hypertension, obesity, and elevated cholesterol. This growing health consciousness across diverse demographics has fueled a worldwide surge in the popularity of dietary supplements. As millions globally embrace fitness to enhance their physical health and overall well-being, the demand for these supplements has seen a substantial upswing.
Omega-3 supplements, rich in EPA and DHA, play a crucial role in mitigating the risk of heart disease by improving metabolic and cardiovascular function. Furthermore, their anti-inflammatory properties and ability to bolster the immune system by enhancing immune cell activity contribute to their appeal.
The rising incidence of chronic health problems is driving a greater emphasis on preventive strategies aimed at disease avoidance. Beyond exercise and stress management, the adoption of healthy diets and supplements is increasingly common as individuals seek to strengthen their immunity and ward off potential health issues. Consequently, gummy-format dietary supplements are gaining traction due to their ease of consumption compared to powders and pills.
The COVID-19 pandemic further amplified this focus on preventive healthcare. Government initiatives promoting immunity-boosting measures led to a significant increase in supplement consumption. This demonstrates the pandemic's role in fueling the demand for dietary supplements, including the convenient gummy format, thereby bolstering the North America Gummy Supplements Market.
The integration of novel features and technologies presents vendors with opportunities to attract new customers and expand their presence in emerging markets. This dynamic is poised to propel the North American gummy supplements market at a robust CAGR throughout the forecast period.
North America Gummy Supplements Market Strategic Insights
Strategic insights for the North America Gummy Supplements market deliver a data-centric analysis of the industry's landscape, encompassing prevailing trends, key market participants, and regional specificities. These insights furnish actionable recommendations, empowering readers to distinguish themselves from competitors by pinpointing untapped market segments or crafting unique value propositions. By harnessing data analytics, these insights enable industry players – be they investors, manufacturers, or other stakeholders – to anticipate market shifts. A forward-looking perspective is paramount, aiding stakeholders in predicting market evolutions and positioning themselves for sustained success within this dynamic region. Ultimately, impactful strategic insights equip readers to make well-informed decisions that drive profitability and fulfill their business objectives within the North America Gummy Supplements Market.
North America Gummy Supplements Market Segments Covered
North America Gummy Supplements Market By Type
Digestive Health
Immune Health
Brain Health
Skin Health
Multivitamins
Single Vitamins
North America Gummy Supplements Market By End User
Adults
Kids
North America Gummy Supplements Market By Distribution Channel
Supermarkets and Hypermarkets
Specialty Stores
Online Retail
North America Gummy Supplements Market Regions and Countries Covered
North America
US
Canada
Mexico
North America Gummy Supplements Market leaders and key company profiles
Bayer AG
Church & Dwight, Inc.
Pharmavite LLC
Herbaland Naturals Inc.
Jarrow Formula, Inc.
Life Science Nutritionals
Nature’s Bounty
Nature’s Way Products LLC
The Clorox Company
Zanon Vitamec
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About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights
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