MARKET INTRODUCTION
Gummies and jellies are confectioneries which traditionally are consumed as children's snacks. They are prepared by dissolving sugar in water and then heating the concentrate solution. Additional ingredients such as pectin, gelatin, starch, and coloring agents are added to the syrup formed by boiling the concentrate. They are available in various shapes depicting animated objects such as bunnies, bears, fish, babies, frogs, rings, bottles, etc.
MARKET DYNAMICS
The rising incidence rates of childhood obesity across developed, as well as developing countries, has led to consumers shifting to healthier eating habits. The high sugar content in jellies and gummies and its association with obesity is likely to dissuade consumers from buying and consuming gummies and jellies prepared from sugar and glucose syrup. This trend has prompted manufacturers to adopt innovative ways to reduce the sugar and calorie content to retain its consumer base. Jelly and gummy manufacturers are heavily investing in alternatives to sugar and artificial sweeteners to cater to the health-conscious consumer base. Jellies and gummies manufacturers are increasingly seen adopting vegetable-based proteins and gelling agents in the preparation of jelly and gummy confectioneries owing to increasing demand for animal-free products. Manufacturers have adopted starch and pectin as protein ingredients as an alternative to widely used gelatin.
MARKET SCOPE
The "Global Jellies and Gummies Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the jellies and gummies market with detailed market segmentation by flavor, category, distribution channel, and geography. The global jellies and gummies market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading jellies and gummies market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global jellies and gummies market is segmented on the basis of flavor, category, and distribution channel. On the basis of flavor, the jellies and gummies market is segmented into, Grapefruit, Cherry, Peach, Berries, Apple, and Others. On the basis of category, the market is bifurcated into, conventional and functional. Based on distribution channel, the global jellies and gummies market is segmented into, supermarkets and hypermarkets, convenience stores, online, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global jellies and gummies market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The jellies and gummies market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the jellies and gummies market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the jellies and gummies market in these regions.
MARKET PLAYERS
The reports cover key developments in the jellies and gummies market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from jellies and gummies market are anticipated to lucrative growth opportunities in the future with the rising demand for jellies and gummies in the global market. Below mentioned is the list of few companies engaged in the jellies and gummies market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the jellies and gummies market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Cloetta
- European Food Co.Ltd
- Ferrara Candy
- Haribo
- MARS Inc
- Meiji
- Mondelez International, Inc
- Nestl?
- The Ferrero Group
- Wrigley
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