The global demand for Jellies and Gummies Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Kilo Tons in 2021 and forecast to touch XX Kilo Tons by 2028 with a CAGR of XX% during 2022-2028.
Jellies and gummies, as the name suggests, have a gummy and jelly texture. They are very similar in many ways. Jellies can be easily miscategorized as gummies because they are brightly colored or have identical flavors. Gummy candies are sweet chewy consistency with translucent colors, and sticky textures usually tend to have a base of gelatin when they are made. Some common ingredients in jelly candies are pectin, potato starch, corn starch, and tapioca, while gummies contain gelatin, flavors, and sugar. Jelly candies usually have a different texture than gummies, they often have a more solid exterior than gummies counterparts. Jellies and gummies come in a variety of shapes, colors, and flavors.
Market Dynamics
Demand for jellies and gummies is growing owing to the booming candy industry, growing vegan population, increasing consumer spending, and low cost. Jellies and gummies have been gaining traction due to the availability of varied flavors, textures, candies design, shape, packaging, and sugar content. Moreover, expanding density of shops, use of preservatives, no storage restrictions, and increased life span of the product are other factors supporting market growth. Jellies and Gummies are now increasingly consumed over milk and cocoa-derived chocolate due to side effects such as tooth decay. Market participants are adopting various strategies to influence sales of jellies and gummies and gain a foothold in the global market. Companies are launching Jellies and Gummies with distinct features and functions such as sugar-free and weight loss. Manufacturers are offering complimentary toys with a product to attract consumers.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of jellies and gummies. The growth and trends of Jellies and Gummies Industry provide a holistic approach to this study.
Market Segmentation
This section of the jellies and gummies market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Flavor
- Grapefruit
- Cherry
- Peach
- Berries
- Apple
- Others
By Distribution Channel
- Store Based
- Non-store Based
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Jellies and Gummies market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Jellies and Gummies Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the jellies and gummies market include Arcor Group, August Storck Kg, Cloetta AB, Ferrero International SA, Grupo Bimbo SAB de CV, Haribo GmbH & Co. KG, Mars Inc., Mondelez International Inc., Nestle SA, and The Hershey Co. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.