The Asia Pacific Dietary Fiber Gummies Market would witness market growth of 11.7% CAGR during the forecast period (2023-2030).
Fresh and creative promotional tactics are also fueling the uptake of fiber supplements. Companies that produce nutraceuticals are actively experimenting with different fibers to create fiber supplements that taste pleasant and help the industry expand. Dietary fibers are essential elements that support human digestion and control bowel movements. Both cellulose and non-cellulosic carbohydrates are components of these fibers, primarily derived from plants. These fibers help with waste removal inside the body, weight management, and the prevention of diabetes and heart disease by lowering blood sugar and cholesterol levels. Due to these advantages, interest in dietary fiber gummies has increased recently.
Gummies are becoming increasingly popular among customers as a healthier substitute for conventional chocolate candies as people become more health aware. The sugar levels in gummies may also be a contributing factor. Although many gummy goods include sugar, the market for sugar-free and low-sugar alternatives also expands. Manufacturers have responded to this trend by releasing various tastes and nutritional value gummies. Producers are increasing their product portfolios via new launches, mergers, and acquisitions to fulfil the rising demand for gummies with particular health advantages.
China has one of the fastest-growing aging populations. Due to rising life expectancy and falling birth rates, 28% of China’s population is expected to be over 60 by 2040. In 2019 there were 176 million older individuals who were 65 years of age or older and 254 million persons who were 60 years of age or older. A projected 402 million people will be above the age of 60 by 2040, making up about 28% of the world’s population. Older people are often advised to include nutritional supplements in their meals. Since gummies taste better than traditional capsules or tablets, the use of them by older people in the area is anticipated to increase. Consequently, the market is expanding in the APAC region.
The China market dominated the Asia Pacific Dietary Fiber Gummies Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $756.3 million by 2030. The Japan market is experiencing a CAGR of 11% during (2023 - 2030). Additionally, The India market would display a CAGR of 12.4% during (2023 - 2030).
Based on Flavor, the market is segmented into Mixed Berry, Strawberry, Peach, Raspberry, and Others. Based on Application, the market is segmented into Metabolic Health, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nestle S.A, The Procter and Gamble Company, SmartyPants Vitamins (Unilever Plc), Pharmavite LLC (Otsuka Pharmaceutical Co., Ltd.) (Otsuka Holdings Co. Ltd), Church & Dwight Co., Inc., Swanson Health Products, Inc. (Swander Pace Capital), Better Nutritionals, LLC, Bellway, Inc. and Balance of Nature.
Scope of the Study
Market Segments covered in the Report:
By Flavor
- Mixed Berry
- Strawberry
- Peach
- Raspberry
- Others
By Application
- Metabolic Health
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Companies Profiled
- Nestle S.A
- The Procter and Gamble Company
- SmartyPants Vitamins (Unilever Plc)
- Pharmavite LLC (Otsuka Pharmaceutical Co., Ltd.) (Otsuka Holdings Co. Ltd)
- Church & Dwight Co., Inc.
- Swanson Health Products, Inc. (Swander Pace Capital)
- Better Nutritionals, LLC
- Bellway, Inc.
- Balance of Nature
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