Gummies and jellies play a significant role in the pharmaceutical industry, serving as versatile dosage forms. In medicine delivery, gummies offer a palatable alternative for pediatric and geriatric patients, providing an easy-to-swallow option compared to traditional pills or capsules. Similarly, gummy vitamins and supplements have become popular for delivering essential nutrients in a tasty and convenient format, encouraging better adherence to daily health regimens. The chewable and enjoyable nature of gummies and jellies not only enhances patient compliance but also addresses specific challenges in medication administration, making them a favorable choice for diverse age groups in the realm of pharmaceuticals.
According to Data Bridge Market Research analyses the Asia-Pacific Gummies and Jellies Market which was valued at USD 3,009.07 million in 2021 is expected to reach the value of USD 5,694.56 million by 2029, at a CAGR of 8.3% during the forecast period of 2022 to 2029.
"Innovative packaging boosts the market growth"
Innovative packaging is emerging as a key driver in the growth of the gummies and jellies market. The industry's expansion is fueled by creative and user-friendly packaging solutions that enhance product appeal, convenience, and shelf life. Brands are increasingly investing in innovative packaging designs, such as resealable pouches, single-serving packs, and sustainable materials, to attract consumers and differentiate their products. This strategic focus on packaging not only enhances the overall consumer experience but also contributes to increased sales and market share within the competitive gummies and jellies segment.
What restraints the growth of the Asia-Pacific gummies and jellies market?
“Increased health concerns hamper the market growth”
The gummies and jellies market faces a notable challenge due to a surge in health concerns among health-conscious consumers. As individuals become more mindful of their well-being, there is a growing reluctance towards consuming sugary and potentially unhealthy products such as gummies and jellies. This shift in consumer preferences towards healthier alternatives poses a significant restraint for the gummies and jellies market.
Segmentation: Asia-Pacific Gummies and Jellies Market
The Asia-Pacific gummies and jellies market is segmented on the basis of product type, type, jelly ingredient, target consumer, category, flavors, ingredient, packaging type, and distribution channel.
- On the basis of product type, the Asia-Pacific gummies and jellies market is segmented into gummies, and jellies
- On the basis of type, the Asia-Pacific gummies and jellies market is segmented into supplement gummies, traditional gummies, low sugar gummies, and sugar free gummies
- On the basis of jelly ingredient, the Asia-Pacific gummies and jellies market is segmented into high methoxyl pectin (HMP), and low methoxyl pectin (LMP)
- On the basis of target consumer, the Asia-Pacific gummies and jellies market is segmented into adults, and kids
- On the basis of category, the Asia-Pacific gummies and jellies market is segmented into GMO, and non-GMO
- On the basis of flavors, the Asia-Pacific gummies and jellies market is segmented into cherry, peach, matcha, coconut, coffee, strawberry, lemon, apple, orange, honey and ginger, mango, watermelon, pineapple, pomegranate, raspbery, grapes, chocolate, lime, combination, and others
- On the basis of ingredient, the Asia-Pacific gummies and jellies market is segmented into gelatin, pectin, starch, sugar, glucose syrup, citric acid, and others
- On the basis of packaging type, the Asia-Pacific gummies and jellies market is segmented into bottles and jars, stand up pouches, sachet, packs, club store trays, and others
- On the basis of distribution channel, the Asia-Pacific gummies and jellies market is segmented into store based retailing, and non- store retailing
To know more about the study visit, https://www.databridgemarketresearch.com/reports/asia-pacific-gummies-and-jellies-market
The Prominent Key Players Operating in the Asia-Pacific Gummies and Jellies Market Include:
- HARIBO of America, Inc (U.S.)
- Ferrero (Luxembourg)
- Perfetti Van Melle (U.S.)
- Meiji Holdings Co., Ltd. (Netherlands)
- Bayer AG (Germany)
- Candy People (U.S.)
- CHURCH & DWIGHT CO., INC. (U.S.)
- GlaxoSmithKline plc (U.S.)
- Dixie Brands (U.S.)
- KANNAWAY LLC. (U.S.)
- CURA CS, LLC. (U.S.)
- KAZMIRA (U.S.)
- Curaleaf (U.S.)
- CannazALL (U.S.)
- New Age Inc. (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of Asia-Pacific gummies and jellies market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Asia-Pacific Gummies and Jellies Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
