The global jellies and gummies market is expected to display higher growth rate over the next five years. Rapid surge in the market is credited to the availability of varying size, color and shape of jellies and gummies. Jellies and gummies are widely popular among different age groups, is considered as key market trend associated with jellies and gummies. Globally, market is predicted to generate massive revenue over next five years, providing numerous opportunities for industry participants to invest in research and development of jellies and gummies market.
Jellies and gummies are also available in different textures, appearance, and flavor, thereby enticing more consumers with sweet tooth. Launch of new product lines with enriched formulations is expected to propel market demand for jellies and gummies over the forecast period. Use of organic flavors and minimum adoption of artificial additives is further advancing market growth in the upcoming years. Jellies and gummies are increasingly prepared with exotic fruits, vegetables, liqueur and other sources. High content of vitamins, proteins, and fiber are found in jellies and gummies in the past few years. These factors are expected to favor market growth to a certain extent.
Full Research Report On Jellies and Gummies Market Analysis available at: https://www.millioninsights.com/industry-reports/jellies-gummies-market
In addition, easy availability and cheaper confectionery products with different brand names are predicted to drive the growth of jellies and gummies market over the forecast period. Increasing use of preservatives and gelling agents in jellies for longer shelf life and enhanced stability is estimated to amplify market value of the product. Moreover, sugar-free jellies and gummies are gaining traction among consumers, thus offering several revenue options for industry players in the past few years.
The market is broadly categorized into three major segments based on the application type such as confectionery industry, retail and wholesale industry and e-commerce industry. Retail and wholesale industry segment is growing rapidly in the market with substantial revenue generation in the last few years. Growing popularity of jellies and gummies in retail and wholesale industry segment is attributed to the increasing demand for the product from different age group and higher market penetration.
The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in implementation of latest manufacturing technologies, rising demand for organic confectionery products, and existence of well-established manufacturing infrastructure. In European region, Germany, France, and United Kingdom are projected to witness steady growth.
Asia-Pacific region is estimated to hold a major share in the jellies and gummies industry with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with rising consummation of confectionery products, increasing per capita income, changing food habits, and significant investment by leading industry players considering potential growth opportunities in the region.
The key players in the jellies and gummies market are Haribo, Jelly Belly Candy Co., Mondelez International, Inc., MARS Inc., European Food Co., Ltd., Casa Del Dolce srl, Cloetta Co., Decoria Confectionary Co., Ltd., Hatops Food Co., Ltd., The Meiji Group, Perfetti Van Melle Group B.V., and Ferrero International S.A.
Request for Free Sample Copy @ https://www.millioninsights.com/industry-reports/jellies-gummies-market/request-sample
Market Segment:
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Jellies and Gummies in these regions, from 2012 to 2023 (forecast), covering
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Columbia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Global Jellies and Gummies market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Haribo (DE)
• Mederer (DE)
• Albanese (US)
• Giant Gummy Bears (DE)
• Perfetti Van Melle (IT)
• Arcor (AR)
• Hershey (US)
• Yupi (INA)
• Goody Good Stuff (UK)
• Jelly Belly (US)
• HSU FU CHI (Nestle) (CN)
• Guanshengyuan (CN)
• Yake (CN)
• Wowo Group (CN)
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Traditional Jellies and Gummies
• Functional Jellies and Gummies
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Jellies and Gummies for each application, including
• Application 1
• Application 2
Related Reports of This Category Available at Million Insights: https://www.millioninsights.com/industry/food-and-beverage
About Million Insights
Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.
For More Information: www.millioninsights.com
Media Contact
Company Name: Million Insights
Contact Person: Ryan Manuel
Email:Send Email
Phone: 91-20-65300184
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar
City: Pune
State: Maharashtra
Country: India
Website: www.millioninsights.com/industry-reports/jellies-gummies-market
