How Has The Jellies & Gummies Market Size Evolved In Recent Years?
The jellies & gummies market has seen considerable growth due to a variety of factors.
• Recent years have seen consistent expansion in the jellies & gummies market size. This market is expected to rise from $2.67 billion in 2024 to $2.76 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 3.3%.
This historic period growth can be traced back to factors such as the surge in seasonal and festive demand, changes in consumer tastes, introduction of new flavors and types, effective marketing and branding initiatives, as well as cultural and demographic impacts.
What Are The Predictions for The Jellies & Gummies Market Size In The Coming Years?
The jellies & gummies market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations for the jellies & gummies market forecast steady growth in the coming years, reaching a value of $3.23 billion in 2029 with a compound annual growth rate (CAGR) of 4.0%.
The expansion throughout the predicted phase is due to adjustments to regulatory shifts, the health and functional perks offered, sustainability and eco-conscious packaging, broadening vegan and organic selections, and continuous innovation in the products. Key trends expected during this period incorporate the influence of local and global flavor inclinations, the use of digital platforms and influencer marketing, the popularity of artisanal and premium segments, the demand for convenience and portability, as well as the appeal of childhood nostalgia and adult gratification.
Which Drivers Are Accelerating Growth In The Jellies & Gummies Market?
The jellies and gummies market is seeing substantial growth, propelled by the rising global demand for confectionery items. These products, which include candies, baked pastries, jellies, gummies, and other sweet treats, are gaining popularity, especially among individuals with hectic lifestyles, due to their taste and convenience. The National Confectioners Association (NCA), an American trade group, revealed in September 2023 that chocolate, candies, gum, and mints had generated revenues of $38.7 billion during the last year (2023), marking a 3.2% increase from the preceding 52 weeks. Among these, chocolate led the sales at $21.4 billion, followed by non-chocolate candy at $13.7 billion, and showed a 1.5% annual growth in dollar sales for the 52 weeks concluding on August 11, 2024. Consequently, the mounting demand for sweetmeats around the world is expected to boost the jellies and gummies market.
What Are The Core Segments Of The Globa Jellies & Gummies Market?
The jellies & gummies market covered in this report is segmented –
1) By Type: Jellies, Gummies
2) By Flavor: Grapefruit, Cherry, Peach, Berries, Apple, Other Flavors
3) By Application: Consumer Aged Under 14, Consumer Aged 15 To 31, Consumer Aged 31 And Older
4) By Distribution: Store Based, Non-Store Based
Subsegments:
1) By Jellies: Fruit Jellies, Gelatin Jellies, Specialty Jellies
2) By Gummies: Fruit-Flavored Gummies, Vitamin And Supplement Gummies, Herbal And Functional Gummies, Vegan And Plant-Based Gummies
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Which Emerging Trends Are Reshaping The Jellies & Gummies Market Size?
Key players in the jellies & gummies market are concentrating on creating nutrition supplements, such as gummies and jelly strips, to cater to the hectic lifestyles of millennials and to establish a competitive advantage in the market. Gummies and jelly strips act as nutrition supplements, providing a tasteful and handy option for individuals to fulfill their dietary requirements. For instance, Amway India, a subsidiary company based in India known for health, beauty, and home care products, introduced Seize the Day gummies for overall health, D-fence jelly strips with Vitamin D3 for bone health and immunity, and I-Candy gummies with Lutein & Zeaxanthin for eye health in February 2022. This line of products, available in the form of gummies and jelly strips under the Nutrilite brand, caters to the nutritional demands of the younger generation, placing emphasis on bone health, eye health, and overall wellness with convenience.
Who Are the Key Players in the Jellies & Gummies Market?
Major companies operating in the jellies & gummies market include:
• Nestle S.A.
• Mars Incorporated
• Mondelez International Inc.
• Arcor S.A.I.C.
• Ferrero SpA
• The Hershey Company
• Guanshengyuan Group
• Meiji Co Ltd.
• Perfetti Van Melle S.p.A.
• Haribo GmbH & Co KG
• Lotte Confectionery Co Ltd.
• Ferrara Candy Company
• Morinaga & Co Ltd.
• Cloetta AB
• Jelly Belly Candy Company
• Ezaki Glico Co Ltd.
• Albanese Confectionery Group Inc.
• Trolli GmbH
• Yupi Industria e Comércio de Alimentos Ltda.
• Casa Del Dolce SRL
• Candy Kittens Ltd.
• Mederer GmbH
• GGB Candies LLC
• Black Forest Candy Company
• European Food Public Co Ltd.
• The Natural Confectionery Co
• Maynards Bassetts Inc.
• Smart Sweets
• Wowo Group
• JellyCoe LLC
What are the Regional Insights into the Jellies & Gummies Market?
North America was the largest region in the jellies and gummies market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the jellies & gummies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
