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Jellies & Gummies Market Analysis, Size, Share, Trends, Top Key Player Like Haribo, Jelly Belly Candy Company, Mondelez International, Inc, MARS Inc, European Food Co. Ltd

12-17-2020 03:34 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Jellies & Gummies Market

Jellies & Gummies Market

Jellies and Gummies Market – Overview

The Global Jellies & Gummies Market is expected to garner a revenue of USD 40 billion by 2024 with a CAGR of approximately 5% during the forecast period, 2019–2024. Global jellies and gummies market is anticipated to develop at a stable pace during the forecast period.

Gummies and jellies are prepared using hydrocolloids, which helps 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 consumer’s choice, has become very much easy and has led in an extraordinary demand for the jellies and gummies. Additionally, reduced amount of calories and sugar in jellies and gummies has helped in uplifting the global market to boost at global level. Thus, these factors have helped in the increase in the global jellies and gummies market is expected to grow at a high CAGR % post the year 2023.

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Latest Industry Updates

Oct 2017 The Ferrero Group has announced a definitive agreement pursuant to which a Ferrero affiliated company will acquire Ferrara Candy Company. This acquisition would further strengthen company’s product portfolio

Feb 2017 Perfetti Van Melle India has launched “Jelly Bottles” in cola and mango flavour. Alpenliebe Juzt Jelly has played a pioneering role in building the jellies category in India, and is currently the dominant brand with nearly 50% market

Jellies and Gummies Market - Competitive Analysis

The major industry players involved in the manufacture of jellies and gummies have been experimenting in the market with various developments among the different varieties of products. The companies which are operating in this segment are aiming to cover a significant market share to mark themselves different within the market. Additionally, a level of competition among the top players is observed to differentiate their products from other prominent players operational in this industry.

The key players profiled in global jellies and gummies market report are Haribo (Germany), Jelly Belly Candy Company (U.S.), Mondelez International, Inc (U.S.), MARS Inc (U.S.), European Food Co.Ltd (Thailand), Casa Del Dolce SRL (Italy), Cloetta (Netherlands), Confidas (Belgium), Decoria Confectionary Co.Ltd (South Korea), Hatops Food Co.Ltd (China), Meiji (Japan), Perfetti Van Melle (India), and The Ferrero Group (U.S.) among many others.

Access Report Details @ https://www.marketresearchfuture.com/reports/jellies-gummies-market-1829

Jellies and Gummies Market – Segments

The global jellies and gummies market has been divided into type, distribution channel, and region.

On The Basis of Type: Fruit, Vegetable, Herbs and Flower, Liqueur, and Others

On The Basis of Distribution Channel: Store Based & Non-store Based

On The Basis of Region: North America, Europe, Asia Pacific, and ROW

Jellies and Gummies Market - Regional Analysis

The global jellies and gummies market is segmented into North America, Europe, APAC, and Rest of the World (RoW). The U.S., Europe, Japan, and China are the prominent countries in this market, and are covering more than 50% of global jellies and gummies market. Moreover, among the top 5 importers of jellies and gummies products include the U.S., the U.K, Germany, France and Canada. Among all of them, the North America region is the leading market followed by Europe. Additionally, the Asia-Pacific region is found to be the fastest growing region.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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