Sugar-Free Gummies Market Size, Growth Opportunities and New Demand Analysis Research Report by 2027

Sugar-Free Gummies Market Size is projected to reach USD 5.5 Billion by 2025 at a CAGR of 7.1% from 2019 to 2025. Sugar-free gummies are made of gelatin and starch along with various types of fruit flavors. The growth of the global Sugar-Free Gummies Market is driven by the increasing consumption of sugarless confectioneries, innovative product offerings by market players such as sour & spicy gummies, and growth of online retailers. Industry players offer gummy vitamins and omega-3 gummies to meet the rising demand for health food products.  In 2018, the revenue of the global gummy vitamins market was USD 3,931.8 million. To survive in the competitive market, industry players are focusing on product launches and innovation.

Sugar-Free Gummies Market Size shows a great prospect in the global gummies market with a significant growth rate.  Among these, the growing consumer preference for it around the world is the foremost one. The growing demand for confectionery product is the prime reason behind the huge boost of the market in all domains around the globe. The ease of availability of these products is also one of the reasons behind the better customer satisfaction, and hence the noteworthy demand around the globe.

Growth Opportunities in the Market

  • Growing popularity of organic and CBD gummies: With the growing concerns regarding the synthetic ingredients used in food products and confectioneries, consumers are inclined toward organic eatables. Manufacturers offer organic and gluten-free jellies and gummies, which is expected to boost market growth for organic sugar-free gummies during the assessment period. Moreover, CBD gummies are currently trending. These products are popular among consumers due to their easy availability at both online and offline retail stores. Consumer awareness about these products has also increased, leading market players to focus on product launches and innovation. Moreover, market players such as Strictly CBD, Just Brands, Sunday Scaries, and Lord Jones’ are offer CBD gummies for adults, which is further influencing market growth.
  • Convenience stores to remain the preferred sales channel for sugar-free gummies: Convenience stores offer consumers the chance to check the quality and variety of products. Consumers are increasingly shopping at supermarkets and hypermarkets such as Walmart and Tesco due to their widespread networks and the availability of sugar-free gummies in a variety of shapes, sizes, flavors, and brands. These factors are helping drive the sales of sugar-free gummies through convenience stores.

Regional analysis

In terms of region, the market is divided into four major parts, including North America, Asia Pacific, and Rest of the world. The organic gummies being highly favoured among the health-conscious group is also a key factor behind the enormous branding of it in leading markets of North America. The food industry, the manufacturers of confectionery, the whole range of kid food manufacturers, suppliers associated with raw materials, distributors, and traders are the prime stakeholders considered for the market around the globe. All these are the factors claimed behind the significant growth of the international sugar-free gummies.

Segmentation

The Sugar-Free Gummies Market Size can be segmented in terms of product types, in terms of end-users, and in terms of region. Categorising the segment in terms of type, it is divided into gummy bears, gummy worms, gummy cherries, gummy rings, and others. In terms of end-user, the market can be divided basically into children and adults. Coming to the distribution channel, the market is divided in to store based supermarkets and hypermarkets, apart from the traditional stores, and other non-store based market. The product segment has managed to satisfy the customers from price perspectives as well. The growth prospect of the sugar-free gummies is significant due to incredible stakeholders behind this.

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/sugar-free-gummies-market-8513

Key Players

  • Ferrero S.p.A.-Trolli, Brach's (Italy)
  • Church & Dwight Co. Inc.-Vitafusion (US)
  • Mondelēz International, Inc.-Sour Patch (US)
  • Jelly Belly Candy Company-Jelly Belly (US)
  • Specialty Food Association, Inc.-Candypeople (US)
  • August Storck KG-nimm2 (Germany)
  • Diamond CBD-Relax (US)
  • MBTKSA-Tropicana Slim (Saudi Arabia)
  • Mederer GmbH (Germany)
  • Albanese Confectionery Group Inc. (US)
  • Haribo of America, Inc. (US)
  • Just Brands-JustCBD (US)
  • Katjes Fassin GmbH + Co. KG (Germany)
  • The Gummies Co (US)
  • Strictly CBD (US)

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street,5Th Floor, New York,

New York 10013,

United States of America


Comments

Post a Comment

Popular posts from this blog

Key Space Battery Market Players, Strategies and Resources to Grow Your Company, 2030

Market overview    Space batteries are used for space applications such as the launching of vehicles, crew return vehicles, equipment, landers, rovers, and on the International Space Station. The space batteries are used as the energy storage devices or as a secondary source of power. There are a number of space missions that demand the use of space batteries. The companies are working towards the growth of high-speed Internet across the world by deploying satellites.   The lithium-ion batteries that are present in the space batteries that are durable and reliable. There has been a rise in the number of space missions around the world with companies that are planning to launch thousands of satellites by the year 2030, that have been deployed in the end of 2021. The designing of small batteries and the various space applications are some of the challenges that are faced by the market players in the global space battery market .   The global space batte...
Read more

Coconut Sugar Market Size Report With Major Impacting Factors And Investment Study

The global Coconut Sugar Market Size is making rapid progress over the past few years. The market growth majorly attributes to the rising popularity of plant-based sugars. Besides, increasing awareness about the health benefits of coconut sugar and growing preferences for organic products drive the market growth. Moreover, growing advances in derivation technologies escalate the market growth to furthered height, refining the product quality without compromising on the mineral contents. Cumulatively driven by all these factors, the organic Coconut Sugar Market is observing substantial growth. According to Market Research Future (MRFR), the global organic Coconut Sugar Market is expected to reach USD 397.34 million by 2024, registering 5.86% CAGR over the forecast period (2019-2024).  Increasing sales of plant-based sugar alternatives drive the growth of the market.  Owing to its lower fructose levels compared to other sugars, coconut sugar is popular among health-conscious p...
Read more

Natural Deodorants and Perfumes Market Overview, Revenue, Segments, Analysis and Forecasts 2032

Natural Deodorants and Perfumes Market overview It is expected that the Natural Deodorants and Perfumes Market is estimated to hold the value of USD 23.130 Billion by 2032, at a CAGR of 8.50% from 2023 to 2032. These are one of the cosmetics products which people use to prevent bad body odor. Almost all the world's population uses this top to limit the odor. Many features and smells are adding the companies to increase the market value. Natural deodorants and perfumes do not contain any chemicals as they are made with essential oils, non-comedogenic products, etc. Natural perfumes and deodorants do not contain any harmful things. It is free from powerful fragrances and aluminum, and they are also not tested on animals. The natural fragrance can stop odor-causing bacteria and are skin-friendly as well. Most cosmetic products cause skin reactions and severe problems and do not even last long. The natural ones are not harmful, and every skin type can use them without any problems....
Read more