Global Protein Gummies Market Size To Exceed USD 1267.7 Million by 2033
According to a research report published by Spherical Insights & Consulting, The Global Protein Gummies Market Size is Expected to Grow from USD 420.2 Million in 2023 to USD 1267.7 Million by 2033, at a CAGR of 11.68% during the forecast period 2023-2033.
Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages and In-Depth TOC On the Global Protein Gummies Market Size, Share, and COVID-19 Impact Analysis, By Ingredients (Gelatin and Plant-based Gelatin Substitutes), By End-use (Adult and Kids) and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.
Protein gummies refer to a class of gummy snacks or supplements with a substantial level of protein, frequently complemented by other nutrients such as vitamins and minerals. The market for protein gummies is the manufacturing, distribution, and consumption of bite-sized, chewy, and gummy-textured snacks and supplements fortified with protein for an increasing number of consumers looking for easily consumable and tasty protein alternatives. The market provides different forms of protein gummies, including sugar-free, vegan, and organic. Sugar-free protein gummies are ideal for individuals who want to reduce sugar intake or are on a low-carb diet. Vegan protein gummies are suitable for those on a plant-based diet, while organic protein gummies are produced using organic ingredients, making them free from toxic chemicals. Furthermore, Increased demand for plant-based foods and knowledge about total nutritional needs has created a surge in the demand for supplements like gummies. The market is expanding among vegans or those following a plant-based diet who need extra supplementation. The gummies assist in meeting nutritional needs and overall wellness. A significant change in the market among producers towards the use of plant-based ingredients such as pectin, agar-agar, and other gelling agents is fueling the demand for plant-based gummies. However, protein gummies are among the most popular forms in the dietary and nutraceutical supplements industry. Nevertheless, the instability of some vitamins, including light-sensitive vitamins, presents significant formulation challenges to manufacturers.
The gelatin segment held the largest share in 2023 and is estimated to grow at a significant CAGR during the forecast period.
Based on the ingredients, the global protein gummies market is divided into gelatin and plant-based gelatin substitutes. Among these, the gelatin segment held the largest share in 2023 and is estimated to grow at a significant CAGR during the forecast period. Gelatin-based gummies represent the most popular supplements offered by manufacturers. The reasons include the optimal texture, cost-effectiveness, and synergism with other ingredients to increase the demand for gelatin-based gummies. Such features enable producers to produce functional gummies with other health benefits. In addition, gelatin-based gummies have a chewy texture that is preferred by consumers.
The adult segment held the largest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the end-use, the global protein gummies market is divided into adult and kids. Among these, the adult segment held the largest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. Its primary drivers of demand are the taste and texture of gummies. Its extensive variety of protein gummies in various flavors makes it more desirable compared to conventional supplements like pills or capsules. Protein gummies are also more convenient to consume, particularly for individuals who find pills or capsules difficult to swallow.
North America is estimated to hold the largest share of the global protein gummies market over the projected period.
North America is anticipated to hold the largest share of the global protein gummies market over the forecast period. Increased consumer knowledge and demand for nutritional supplements and fortified food products have driven the usage of protein gummies in the region. Its role as an indispensable factor for promoting overall health, including metabolism and cardiovascular health, has made it popular among health-aware consumers in North America. The region's strong healthcare infrastructure and effective regulatory system have also helped propel the market forward by maintaining standards of product safety and efficacy.
Europe is estimated to grow at the fastest CAGR of the global protein gummies market during the forecast period. There is a growing focus on preventive healthcare in Europe, which has led to a rise in the consumption of dietary supplements, including gummy supplements, by health-conscious consumers. There is a large range of protein supplements available in the European market: gelatin-fortified gummies and plant-based substitutes for gelatin that may help heart health and avert cardiovascular disorders, as well as gummies that are infused with botanical extracts like curcumin and cannabidiol (CBD) that provide anti-inflammatory and cancer-preventative qualities.
Company Profiling
Major vendors in the global protein gummies market are Procaps Group, S.A., Herbaland, Prime Health Ltd., Church & Dwight Co., Inc., SMP Nutra, Bayer AG, Nature’s Bounty, SmartyPants Vitamins, Garden of Life, and Haleon plc and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In January 2024, Smart Protein launched a series of science-driven, nutritionist-created supplements that address the increasing consumer interest in active well-being. Within the 'Wellness' category, this launched an optimally balanced collection of vitamins and supplements, including nootropics, gummies, and supergreens. These supplements, categorized under the 'Wellness' category, provide an all-encompassing selection of vitamins and supplements specifically designed to promote general well-being and overall health.
Market Segment
This study forecasts revenue at the global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global protein gummies market based on the below-mentioned segments:
Global Protein Gummies Market, By Ingredients
- Gelatin
- Plant-based Gelatin Substitutes
Global Protein Gummies Market, By End-use
Global Protein Gummies Market, By Regional
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa