Jellies and Gummies Market Report Opportunity and New Demand Analysis by 2030
Market
Research Future (MRFR) has announced a new release on the global jellies and
gummies market. The report assesses all the key drivers and restraints
affecting the movement of the global jellies and gummies market, in addition to
the market’s segmentation and competitive landscape, and presents readers with
a comprehensive picture of the market’s growth trajectory over the 2022-2030 forecast
period.
Jellies
and gummies are prepared with hydrocolloid gels, which affects their
appearance, structure, and texture. The ease of preparing jellies and gummies
with various flavors has led to the development of a wide-ranging market for
jellies and gummies, which have become highly popular among consumers,
especially children. Jellies and gummies are easy to produce and innovate,
making them highly profitable for food and beverage companies. This has led
many major players in the market to invest extensively in R&D. This is
likely to ensure steady growth of the jellies
and gummies market overview over the forecast period.
Segmental Analysis:
The
global jellies and gummies market is segmented on the basis of type and
distribution channel.
On
the basis of type, the global jellies and gummies market is segmented into
fruits, vegetables, liqueur, herbs and flowers, and others. The fruits segment
is the dominant segment within the global jellies and gummies market due to
their popular flavors. Fruits are by far the most popular product use for
flavoring in the confectionary industry and are likely to remain the dominant
segment within the global jellies and gummies market over the forecast period.
On
the basis of distribution channel, the global jellies and gummies market is
segmented into store-based and non-store-based distribution. Among these,
store-based distribution is likely to dominate the global jellies and gummies
market due to their strong conventional presence in countries across the world
and the availability of a wide variety of jellies and gummy products in stores.
Non-store-based distribution channels such as online shopping could also make
significant gains over the forecast period.
Regional Analysis:
The
global jellies and gummies market is segmented into North America, Europe, Asia
Pacific (APAC), and Rest of the world. North America is the dominant regional
market for jellies and gummies and is likely to retain the title over the
forecast period. The major drivers for the jellies and gummies market in North
America include its longstanding presence, leading to the establishment of
solid distribution channels, and high popularity among kids, which has led to
significant product innovation in order to include a wider range of flavors
into jellies and gummies. The strong research environment in the food and
beverages market in North America is also a key driver for the jellies and
gummies market in the region, as players in North America can make significant
investments in research and innovation with more ease than in other regions.
Europe
is also likely to remain a dominant regional market for jellies and gummies
over the forecast period due to the strong presence of the confectionery
industry and widespread popularity of jellies and gummies.
The
increasing demand for naturally flavored jellies and gummies is expected to
drive the jellies and gummies market in APAC over the forecast period.
Countries such as China and Japan are likely to be among the leading consumers
of confectionery products in the coming years, leading to steady growth of the jellies
and gummies market report.
Competitive Analysis:
Leading
players in the global jellies and gummies market include Haribo, Mondelez
International Inc., European Food Co. Ltd., Hatops Food Co. Ltd., The Ferrero
Group, Jelly Belly Candy Company, MARS Inc., Cloetta, Casa Del Dolce SRL, Meiji,
Decoria Confectionary Co. Ltd., Confidas, and Perfetti Van Melle.
NOTE: Our Team of Researchers are Studying Covid19 and
its Impact on Various Industry Verticals and wherever required we will be
considering Covid19 Footprints for Better Analysis of Market and Industries.
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