Sleep Gummies Market Poised for Robust Growth, Forecasted to Expand at 5.2% CAGR from 2023-28

MarkNtel Advisors has released its latest report highlighting strong growth in The Global Sleep Gummies Market is projected to grow at a CAGR of around 5.2% during the forecast period, i.e., 2023-28.

Report Coverage

This report offers a comprehensive analysis of the Sleep Gummies Market, providing valuable insights across historical trends, current dynamics, and future forecasts.

• Base Year: 2022
• Forecast Years: 2023-28
• Historical Years: 2018-21

Sleep Gummies Market Overview

The market growth is attributed to the rising prevalence of sleep disorders, increasing preference for natural health products, and the rising trend of functional gummies and functional food products. In addition, rising popularity among consumers given to its taste and the health benefits credited to the gummies with the incorporation of nutraceuticals in the products add benefits such as improved sleep quality & stress reduction is adding to the market expansion. 

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Sleep Gummies Market Segmentation Outlook

The Sleep Gummies is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

By Doses

• 1 per serving
• 2 per serving
• 3 or more per serving

By Flavors

• Mint
• Orange
• Strawberry
• Others

By Distribution Channel

• Online stores
• Offline stores
  • Hypermarket/Supermarket
  • Pharmacy

By Region

• North America
• South America
• Europe
• Middle East & Africa
• Asia-Pacific

Sleep Gummies Market Driver

Growing Prevalence of Sleeping Disorders- Lack of sleep due to psychiatric disorders, physical disturbances, medical issues, stress, environmental problems, or lifestyle changes can affect the body’s overall health and can also give birth to diseases, including arthritis, high blood pressure, diabetes, and stroke. Thus, the growing prevalence of sleep disorders and problems further strengthens the consumption of sleep gummies. As many cases of sleep disorders go untreated, the introduction of sleep gummies as an additional snack and helper in maintaining quality sleep without a prescription drives the industry’s expansion.

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Top Sleep Gummies Market Brands & Their Strategic Market Positioning

MarkNtel Advisors Research identifies Church & Dwight Inc, Nature's Bounty, Olly, H-E-B, Adrien Gagnon, 21st Century, Natrol, Sundown, Nature Made, CVS Health, Jamieson, Mauricettes, Vicks, Zahler, Leosons Corporation, Kroger, Others as key players shaping the market landscape.

Sleep Gummies Market News

• In January 2023, Vicks launched its sleep supplement, “ZzzQuil Natura gummies.”
• In November 2022, Natrol introduced MelatoninMax, the only sleep supplement product providing 10 milligrams of melatonin in a single gummy.

Key Questions Answered in the Report

• What is the market size (value & volume) along with the current & future trends, growth factors & challenges, etc.?
• How the industry has been evolving, and which segments would dominate the market during the forecast period?
• What are the key opportunity areas that companies foresee in the coming years 2028?
• Who are the key players in the market, and what are their competitive strengths?
• What are the key growth drivers & challenges associated with the market, and how would they impact the market through the forecast period?

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