Jellies And Gummies Market Overview: Market Size, Major Drivers And Trends
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The global jellies and gummies market is forecasted to increase from $2.47 billion in 2022 to $2.54 billion in 2023, with a CAGR of 2.7%. By 2027, the market is expected to reach $2.81 billion, growing at a CAGR of 2.5%.
What will drive the jellies and gummies market?
Growing global consumer demand for confectionery products is propelling the jellies and gummies market.
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Who are the major players in the market?
Major Market Players in the jellies and gummies market include Haribo, Cloetta, Ferrara Candy, Nestle, Mondelez International Inc., Mars Inc., Jelly Belly Candy Company, The Hershey Co., Meiji Holdings Co. Ltd.
Which trend is gaining popularity in the jellies and gummies market?
Product innovation is a growing trend in the jellies and gummies market, with manufacturers focusing on meeting changing consumer demands. Vegan diets are on the rise globally, leading manufacturers to develop vegan-friendly jellies and gummies, eliminating animal-derived gelatin to cater to this market segment, strengthen their brand, and remain competitive.
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How is the jellies and gummies market segmented?
Global Jellies And Gummies Market Segments Include:
- By Type: Jellies, Gummies
- By Flavor: Grapefruit, Cherry, Peach, Berries, Apple, Other Flavors
- By Application: Consumer Aged Under 14, Consumer Aged 15 to 31, Consumer Aged 31 and Older
- By Distribution: Store Based, Non-Store Based
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global jellies and gummies market in 2021.
The Jellies And Gummies Global Market Report 2023 provides an overview of the jellies and gummies market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The jellies and gummies market forecast analyzes jellies and gummies market size, jellies and gummies market share, leading competitor and their market positions.
Jellies and gummies are confectionery items created with hydrocolloids that bind high-moisture sugar syrup. Gummies, featuring gelatin, are chewy with clear colors. In contrast, jellies, without gelatin, use pectin, starches, and tapioca, offering a firmer texture.
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