Global Gummies and Jellies Market, By Type (Traditional, Functional), Flavor (Grapefruit, Cherry, Peach, Berries, Apple, Others), Category (Conventional, Functional), Distribution Channel (Store-Based, Non-Store Based), Consumer Age (Under 14, 15-31, Above 31), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Gummies and Jellies Market
The gummies and jellies market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the gummies and jellies market will project a CAGR of 3.35% for the forecast period of 2021-2028.
Gummies and jellies are basically defined under similar category of sweets and confectionary products, that are manufactured with gelatin-base and additions of various different flavored additives and ingredients as well as colorants to produce the candies in various different forms, sizes, colors and flavors.
The factors such as increasing prevalence of vegan population worldwide and high levels of spending by consumers on candies, jellies and other confectionary products are the major factors fostering the growth of the gummies and jellies market. Additionally, the increasing awareness amongst consumers regarding the negative side-effects associated with the consumption of chocolate and unique flavors, textures, candies design, shape, packaging, and sugar content will further induce growth in the gummies and jellies market value. However, healthcare complications associated with high consumption of sugar alcohols will pose a major hindrance in the growth of the gummies and jellies market. Concerns regarding the overconsumption of these products due to their taste benefits which can cause more harm than good will also pose as a major challenge for the market growth rate.
This gummies and jellies market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on gummies and jellies market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Gummies and Jellies Market Scope and Market Size
The gummies and jellies market is segmented on the basis of type, flavor, category, distribution channel, and consumer age. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the gummies and jellies market is segmented into traditional and functional.
- On the basis of flavor, the market is segmented into grapefruit, cherry, peach, berries, apple and others.
- On the basis of category, the gummies and jellies market is segmented into conventional and functional.
- On the basis of distribution channel, the global gummies and jellies market is segmented into store-based and non-store based.
- On the basis of consumer age, the market is bifurcated into under 14, 15-31 and above 31.
Gummies and Jellies Market Country Level Analysis
The gummies and jellies market is segmented on the basis of type, flavor, category, distribution channel, and consumer age.
The countries covered in the gummies and jellies market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America region dominates the gummies and jellies market and will continue to flourish its trend of dominance during the forecast period owing to the increasing demand for jellies and gummies and increasing shelf space in stores as compared to other confectioneries. Europe, however is supposed to show lucrative growth due to new product launches such as sugar free jellies and gummies within the region.
The country section of the gummies and jellies market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Gummies and Jellies Market Share Analysis
The gummies and jellies market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to gummies and jellies market.
The major players covered in the gummies and jellies market report are HARIBO GmbH & Co. KG, Baker Perkins, Mondelez International, Mars, Incorporated, Cloetta, Meiji Holdings Co., Ltd, Ferrero, Mederer GmbH, Albanese Confectionery Group Inc., Giant Gummy Bears; Perfetti Van Melle, Arcor; The Hershey Company; YUPINDO; Jelly Belly Candy Company, HARIBO GmbH & Co. KG, Ferrara Candy Company, Nestlé India Ltd., Mondelez International, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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