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Gummy Market Share

Report ID: GMI6969
Published Date: Oct 2023
Report Format: PDF

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Gummy Market Share

Major companies operating in the gummy industry includes:

Nestle SA
Bayer AG
Church & Dwight Co. Inc
Procter & Gamble
Unilever PLC (OLLY)
Amway Corp
Otsuka Holdings Co., Ltd
GSK Plc
Haleon Group of Companies
Catalent, Inc
H&H Group
Procaps Group

The companies are undergoing various strategic initiatives, such as mergers and acquisitions, partnerships, collaborations.

Nestlé is a Swiss multinational food and drink company headquartered in Vevey, Vaud, Switzerland. It is the largest food company in the world, measured by revenue and other metrics, for over a century. Nestlé's products include a wide range of foods and beverages, including baby food, bottled water, cereal, chocolates and confectionery, coffee, dairy products, ice cream, nutritional products, and pet care products. Nestlé markets its products under a variety of well-known brand names, including Nescafé, KitKat, Nespresso, Maggi, Perrier, and Purina.

Authors: Kunal Ahuja, Himanshu Kabra

Frequently Asked Questions (FAQ) :

The market size of gummy reached USD 20.9 billion in revenue in 2023 and it is set to expand at over 10.4% CAGR from 2024 to 2032, owing to the rising consumer demand for healthier snack options worldwide.

Fruit-based gummy segment size generated USD 6.5 billion in revenue in 2022, due to provide portable and mess-free way to enjoy fruit flavors.

North America market accounted for USD 7.2 billion in revenue in 2022, driven by the increasing consumer interest in health and wellness.

Some prominent firms operating in the industry are Nestle SA, Bayer AG, Church & Dwight Co. Inc., Procter & Gamble, Unilever PLC (OLLY), Amway Corp., Otsuka Holdings Co., Ltd., GSK Plc, Haleon Group of Companies, Catalent, Inc., H&H Group, and Procaps Group.