Market Overview:
Gummies and jellies are prepared using hydrocolloids, which help in holding relatively high moisture content sugar syrup. The hydrocolloid gel impacts the texture, appearance, and flavor release of the products. With the technological advancement, preparation of jellies and gummies of varying size, shape, and color personalized according to the consumer’s choice, has become very much easy and has led to an extraordinary demand for jellies and gummies. Additionally, reduced amount of calories and sugar in jellies and gummies has added to the growth of the global market.
Gummies and jellies fall under the broad category of chewable sweets and are often available in a wide variety of novel shapes and flavors. The use of hydrocolloids provides gummies and jellies with their signature texture, appearance and flavour release. Jellies and gummies are a popular treat among children of all age groups as well as adults. Available in multiple flavors both conventional and unique, jellies and gummies are accessible and affordably priced across several brands. Jellies and gummies are prepared using exotic fruits, vegetables, liqueur and other sources. Gummy vitamins are a popular method to get children to take supplements they may need, thus driving the demand for gummies among consumers with children. Additionally, the availability of vegetable-based gummies makes the consumption of vegetables more entertaining for children, thus facilitating demand. Market players conduct ongoing research and development activities in an effort to develop new product lines with improved formulations which meet the demand of changing consumer preferences. Additionally unique flavored gummy candies are growing highly popular with adults as they include flavors such as champagne, peach bellini, beer, Moscow mule and others.
Globally there is a significant trend regarding health consciousness which has prompted consumers to eschew jellies and gummies which contain artificial colors, flavors, and other additives, thus challenging market growth. However, in recognition of the trend, market players have identified the opportunity this represents and are developing jellies and gummies that contain real fruit, and is sugar-free. Development of jellies and gummies that avoid gelatine or animal-based hydrocolloids are expected to boost demand in countries where halal products are preferred such as in Middle Eastern countries. Moreover, these types of jellies and gummies are also popular in countries such as India where there is a significant vegetarian population.
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To Key Players Review:
Key market players included in the global jellies and gummies market report include MARS Inc., Confidas, Jelly Belly Candy Company, Haribo, Hatops food, Mondelez International, Inc., Cloetta, Meiji, Perfetti Van Melle, Decoria Confectionery co. Ltd., and Casa Del Dolce SRL among others.
Latest Industry News:
Jelly Belly has announced the addition of four new candy products to their Harry Potter line of candies which include gummy creatures made famous by the Harry Potter series and come in individual packs in 5 different forms.
Ferrera Candy Co has announced that its organic Black Forest gummy bears will have brighter colors and have a black forest tree imprinted on the bellies in an updated version of the confectionery gummies.
Market Segmentation:
The global jellies and gummies market is segmented based on type, distribution channel, and region. By type, the market is segmented into herbs & flowers, liqueur, fruit, vegetables, and others. Among these, the fruit segment dominates the market and is expected to retain its leading position due to the high demand and manufacture of fruit-based jellies and gummies. Meanwhile, vegetable gummies closely follow the fruit variety due to their use in gummy vitamins to make vegetables more appealing to kids who may be picky eaters.
By distribution channel, the market is segmented into store-based & non-store based. The store-based segment accounts for the largest share of the total market due to various varieties being easily available under one roof.
By region, the global market is segmented into North America, Europe, Asia-Pacific and the Rest of the World.
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Regional Analysis:
North America and Europe account for the largest and second largest regional markets, respectively. These regions have significant market players who dominate the market. Moreover, these regions witness high demands for jellies and gummies vitamins. Increasing consumptions of jellies and gummies among children have considerably boosted the market in these regions.
Meanwhile, consumer awareness regarding jellies and gummies is expected to drive growth in the Asia-Pacific region during the forecast period. The increasing demand for confectionery products and the growth of the market is expected to boost the growth of jellies and gummies in countries such as China and Japan during the assessment period.
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