Jelly candies (Gummies) Market Growth Trend & Forecast with latest research study released by Delvens evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Jelly candies (Gummies) Market.
The global Jelly candies (Gummies) Market size is projected to reach a CAGR of 6.5% to 2028.
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Key Players
· Arcor Group
· AUGUST STORCK KG
· Cloetta AB
· Ferrero International SA
· Grupo Bimbo SAB de CV
· HARIBO GmbH & Co. KG
· Mars Inc.
· Mondelez International Inc.
· Nestle SA
· The Hershey Co. and More
Gummies, gummi candies, gummy candies, or jelly sweets are a broad category of gelatine-based chewable sweets. Gummi bears and Jelly Babies are widely popular and are a well-known part of the sweets industry. Gummies are available in a wide variety of shapes, most commonly colourful depictions of living things such as bears, babies, or worms. Various brands such as Bassett's, Haribo, Betty Crocker, Disney and Kellogg's manufacture various forms of Gummi snacks, often targeted at young children.
Growing vegan population, booming candy industry, rising awareness regarding the side effects of chocolate consumption, and increasing consumer spending are some of the factors that have supported long-term expansion for Jelly Candies (Gummies) Market.
Recent Developments
April 13, 2021, SNICKERS has announced the brand's newest product innovation – SNICKERS Almond Brownie. The newest addition to the SNICKERS brownie portfolio will launch in August 2021 and will feature the brand's newest flavour obsession: a chewy brownie filling, mixed with chopped almonds and topped with a layer of luscious caramel, all coated in dark chocolate.
February 21, 2021- Mars Inc., one of the world’s largest confectionery, chocolate and pet food makers, is developing more local products for the Indian market, a top executive at the maker of M&M’s and Snickers said.
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Regional Analysis
North America emerged as the largest market. The scenario is attributed to growing demand for jellies and gummies and increasing shelf space in stores as compared to other confectioneries.
Jelly Candies (Gummies) Market is segmented into flavour, distribution channel and region.
On the basis of Flavour
· Grapefruit
· Cherry
· Peach
· Berries
· Apple
· Others
On the basis of Distribution Channel
· Store based
· Non store based
On the basis of Implementation
· New construction
· Retrofit
On the basis of Region
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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