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Turmeric Gummies Market To Reach USD 51.77 Billion By Year 2032

The Global Turmeric Gummies Market was worth USD 61.3 Million in 2023. As such, the forecast is that the market is expected to reach USD 150.90 Million by 2032 with a CAGR of 16.2% over the period from 2024 to 2032.

11-07-2024
shashidhar kotian
Food and Beverages
Pristine Intelligence LLP

According to a new report published by Pristine Intelligence, titled, “Turmeric Gummies Market by Type, Specialty, Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2024–2032,” The Global Turmeric Gummies Market was worth USD 61.3 Million in 2023. As such, the forecast is that the market is expected to reach USD 150.90 Million by 2032 with a CAGR of 16.2% over the period from 2024 to 2032.

Turmeric gummies are a popular dietary supplement combining the health benefits of turmeric with the convenience and flavor of gummy candies. They typically contain curcumin, the active compound in turmeric known for its anti-inflammatory and antioxidant properties, in a chewable, easy-to-consume form.  Turmeric, with its active compound curcumin, is widely recognized for its potential to manage various health conditions and promote overall well-being. The market's expansion is driven by the increasing demand for convenient and palatable dietary supplements that offer the benefits of turmeric in an easy-to-consume format.

The Turmeric Gummies Market is Segmented into Type, Specialty, Distribution Channel, and region. Type the market is categorized into (Organic Turmeric Gummies, Conventional Turmeric Gummies), Specialty the market is categorized into (Vegan Turmeric Gummies, Gluten-Free Turmeric Gummies, Sugar-Free Turmeric Gummies, Other Specialty Variants), Distribution Channel the market is categorized into (Online Retail, Offline Retail). By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

The Turmeric Gummies market is experiencing growth driven by rising health consciousness among consumers worldwide. Turmeric, known for its potent anti-inflammatory and antioxidant properties, has gained popularity as a natural health supplement. Consumers are increasingly seeking alternatives to traditional medications, favoring natural ingredients perceived to offer multiple health benefits.

The Turmeric Gummies market presents significant opportunities driven by growing consumer preference for natural products and increasing awareness of turmeric's health benefits. Turmeric, known for its anti-inflammatory and antioxidant properties, appeals to health-conscious consumers seeking natural alternatives to traditional supplements.

Global Turmeric Gummies Market, Segmentation

The Turmeric Gummies market is segmented based on Type, Specialty, Distribution Channel, and Regions.

Type:

In the burgeoning Turmeric Gummies market, the Organic Turmeric Gummies segment stands poised to lead, driven by increasing consumer preference for natural and organic products. As health-conscious consumers seek cleaner label options, organic turmeric gummies appeal due to their perceived health benefits and absence of synthetic additives. These products typically leverage organic turmeric extract, renowned for its anti-inflammatory and antioxidant properties, aligning with wellness trends favoring holistic health solutions.

Specialty:

In the Turmeric Gummies market, the Sugar-Free segment has emerged as a significant player, holding the largest share by specialty. This growth can be attributed to increasing consumer awareness and preference for healthier alternatives, particularly among health-conscious individuals and those managing conditions like diabetes. Sugar-Free Turmeric Gummies appeal to a broader audience seeking the health benefits of turmeric without added sugars, aligning with trends towards reduced sugar intake and overall wellness.

Region:

The Asia Pacific region is poised to dominate the turmeric gummies market due to several key factors. The region boasts a rich cultural heritage that values natural and herbal remedies, with turmeric being a staple in traditional medicine across countries like India, China, and Japan. This cultural familiarity and trust in turmeric's health benefits contribute significantly to the market's growth.

Key Industry Developments: -

  • In June 2024, Nutriventia Limited (Mumbai, India) announced that Blackmores (Warriewood, NSW, Australia) has introduced a range of products containing the company’s TurmXTRA turmeric extract. The ingredient has been clinically validated to be effective at a low dose of 250 mg.

Some of the leading Turmeric Gummies market players are

  • VitaBalance (USA)
  • Vimerson Health (USA)
  • Nutrachamps (USA)
  • NutriRise (USA)
  • Qunol (USA)
  • InnovixLabs (USA)
  • Ancient Nutrition (USA)
  • NOW Foods (USA)
  • MaryRuth Organics (USA)
  • Zenwise Health (USA), and Other Active Players.

Key Findings of the Study / Key Industry Developments. 

  • The Global Turmeric Gummies Market was worth USD 61.3 Million in 2023. As such, the forecast is that the market is expected to reach USD 150.90 Million by 2032 with a CAGR of 16.2% over the period from 2024 to 2032.
  • In the burgeoning Turmeric Gummies market, the Organic Turmeric Gummies segment stands poised to lead, driven by increasing consumer preference for natural and organic products.
Pristine Intelligence LLP

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