Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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USD 1.61 Billion |
| USD 2.88 Billion | |
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Global Jimmies Market, By Colorant (Natural, Artificial), Application (Cereals and Snack Bars, Ice-Cream and Frozen Desserts, Chocolate and Confectionery Products, Cakes and Pastries, Other Bakery Applications), End-User (Food Manufacturers, Foodservice Industry, Home Bakers), Sales Channel (Supermarkets and Hypermarkets, E-Commerce, Specialty Stores), Packaging Type (Jars, Pouches, Others) – Industry Trends and Forecast to 2030.
Industry experts predict that the jimmies market will reach a value of USD 255 billion by 2026. Changes in consumers' tastes and preferences have led to the rising number of confectionary product innovations in the market. On the similar lines, global players and producers of sugar decorations and inclusions such as jimmies are making the best of this opportunity to excel in the local as well as international market.
Data Bridge Market Research analyses that the jimmies market, valued at USD 1.61 billion in 2022, will reach USD 2.88 billion by 2030, growing at a CAGR of 7.50% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Colorant (Natural, Artificial), Application (Cereals and Snack Bars, Ice-Cream and Frozen Desserts, Chocolate and Confectionery Products, Cakes and Pastries, Other Bakery Applications), End-User (Food Manufacturers, Foodservice Industry, Home Bakers), Sales Channel (Supermarkets and Hypermarkets, E-Commerce, Specialty Stores), Packaging Type (Jars, Pouches, Others)
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Countries Covered
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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)
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Market Players Covered
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Barry Callebaut (Switzerland), THE HERSHEY COMPANY. (U.S.), Mars, Incorporated (U.S.), Kerry Group plc. (Ireland), Blommer Chocolate Company (U.S.), Foley’s Candies LP (Canada), Puratos (Belgium), Ferrero (Italy), Twinkle Sprinkles (Australia), Gunthart (Germany), The American Sprinkle Company (U.S.), Dr. August Oetker Nahrungsmittel KG (Germany), Signature Brands, LLC. (U.S.), Nimbus Foods Ltd (U.K.), Carroll Industries NZ Ltd (New Zealand), and Paulaur Corporation (U.S.)
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Market Opportunities
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Market Definition
Jimmies are small confectionary items that are sprinkled over brownies, cupcakes, doughnuts or ice cream, to enhance their taste, flavour, and texture. Produced in a variety of colours and flavours, jimmies can also be used as decorative toppings over such products. Originally, jimmies were made of high-quality chocolates that developed a crunchy texture and a bolder chocolate flavour. In the north-eastern United States, jimmies are often referred to as sprinkles and the terms are used interchangeably.
Drivers
Rapid integration and interconnection between the countries influenced consumers' tastes and preferences around the world. Increased penetration and proliferation of social media platforms has also been largely influencing the viewers' behavioural patterns and taste buds. Therefore, growing demand for value added products has resulted in increased availability of sugar decorations and inclusions such as jimmies. Also, increasing preferences towards customized food products will indirectly promote the demand and supply of jimmies.
Advancements in online retail is one of the major trends influencing how the jimmies business is changing. Rising number of large product distribution channels is a positive sign for the market. Large product distribution channels include convenience stores, specialty shops, supermarkets, drug stores, and hypermarkets. Ongoing efforts by retailers and producers to expand their supply and distribution chains has made it easier to get hands on jimmies.
Opportunities
During the forecast period, the development of low-calorie goods and increased demand from several economies will generate further chances for the expansion of the jimmies market. In addition, jimmies are being used more frequently to create a wide range of beverages, decorations, and inclusions goods, including cakes, milkshakes, croissants, and hot sugar, which is fuelling the expansion of the worldwide jimmies market. Therefore, product innovations will directly influence the demand.
Restraints/Challenges
Growing health consciousness among the individuals and rising awareness about the side effects of eating too much sugar products has persuaded the consumers to shift to sugar-free alternatives. This will create challenges for the growth of the market. Easy availability of product substitutes via both online and offline modes of distribution will challenge the market growth rate.
This jimmies 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 the jimmies market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact
The COVID-19 crisis had a significant impact on the market and has influenced the consumers purchasing habits. The wrath brought in by the pandemic resulted in shutting down the production facilities, thereby, lowering the supply. Consumers have become more health conscious post the pandemic, which has lowered the demand for jimmies and other sugary sweets. This doesn’t however mean that the market will stumble. Large scale demand from the developing economies and the growing trend of online ordering will pace up the demand and supply.
The jimmies market is segmented on the basis of colorant, application, end-user, sales channel, and packaging type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Colorant
Application
End-user
Sales Channel
Packaging Type
The jimmies market is analyzed and market size insights and trends are provided by country, colorant, application, end-user, sales channel, and packaging type as referenced above.
The countries covered in the jimmies 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).
The market is dominated by North America. This is a result of rising consumer demand from the food processing industry as well as growing knowledge of the additions and decorations. Market expansion in this region is being driven by rising demand for baked goods and value-added products as well as rising demand for decorations and inclusions from the confectionery industry.
However, due to growing international cuisine and flavour options as well as rising bakery product consumption, Asia-Pacific is anticipated to grow with the highest CAGR throughout the forecast period. The expansion of the jimmies market in this region is being driven by rising demand for value-added products.
The country section of the 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 like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the 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.
The jimmies 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 jimmies market.
Some of the major players operating in the jimmies market are:
SKU-
To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Jimmies Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Jimmies Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.