The Global Jelly Candies & Gummies Market is expected to grow significantly during the forecast period of 2021 to 2026. The market is driven by the increasing demand for healthier snacks, the growing popularity of jelly candies and gummies, and the growing demand for convenience foods. The increasing demand for organic and vegan food products is also expected to drive market growth.
Jelly candies & gummies are a type of confectionery that are made with a combination of sugar, gelatin, and other ingredients such as fruit juices, colorings, and flavorings. They are usually soft and chewy and come in various shapes, sizes, and flavors. They are popular among children and adults alike and are widely consumed as snacks or desserts.
The global jelly candies & gummies market is segmented on the basis of product type, distribution channel, and region. On the basis of product type, the market is segmented into gummy bears, jelly beans, sour gummies, fruit-flavored gummies, and others. On the basis of distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, online stores, and others.
Regionally, the global jelly candies & gummies market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among these regions, Asia Pacific is expected to dominate the market in terms of value and volume during the forecast period. This is attributed to the increasing demand for convenience foods and the growing popularity of jelly candies & gummies in the region.
The key players operating in the global jelly candies & gummies market include Haribo GmbH & Co. KG, Mondelez International, Inc., Perfetti Van Melle, Nestle S.A., The Hershey Company, Jelly Belly Candy Company, The Ferrero Group, Tootsie Roll Industries, Inc., Albanese Confectionery Group, and Amul. These companies are focusing on product innovation and expansion of their product portfolios to meet the changing consumer preferences.
In conclusion, the global jelly candies & gummies market is expected to grow significantly during the forecast period of 2021 to 2026. The market is driven by the increasing demand for healthier snacks, the growing popularity of jelly candies and gummies, and the growing demand for convenience foods. The increasing demand for organic and vegan food products is also expected to drive market growth. The key players operating in the market are focusing on product innovation and expansion of their product portfolios to meet the changing consumer preferences.