Jelly Candies (Gummies) Market - Global Industry Analysis, Growth, Key Trends, Regional Assessment, and Forecast 2019-2029

  • Single User License $3500

Jelly Candies (Gummies) Market - Global Industry Analysis, Growth, Key Trends, Regional Assessment, and Forecast 2019-2029

Status : February, 2023 | Food and Beverages

Report Digest

Jelly Candies (Gummies) Market: Outlook

The growing popularity of confectionery products among kids and adults altogether may serve as a prominent growth factor for the global jelly candies (gummies) market through the forecast period of 2019-2029. The technological advancements in the confectionery industry have further helped the global jelly candies (gummies) market to garner growth.

The infusion of new flavors and ingredients for making the jelly candies (gummies) more flavorful and tasty are generating extensive growth opportunities. Nonchocolate candies form an important consumer base. Many kids and individuals prefer fruit-flavored and soft candies rather than hard chocolates. This consumer base may prove to be a prominent growth generator for the jelly candies (gummies) market.

The availability of jelly candies in both sugar-based and sugar-free variants may help the jelly candies (gummies) market to garner immense growth. Earlier, the availability of just sugar-based candies deprived the jelly candies (gummies) market of a large consumer base having problems with excessive sugar consumption. Thus, the players added sugar-free variants to capture this consumer base, eventually inviting promising growth for the jelly candies (gummies) market.

This report has extensive information on a plethora of aspects related to the growth of the jelly candies (gummies) market. The L.E.A.P mechanism applied by the researchers enables a 360-degree view of the jelly candies (gummies) market. The CXOs derive the perfect information that allows them to chalk out their business strategy accordingly. This report also has scrutinized information about the novel coronavirus outbreak and its effect on the jelly candies (gummies) market.

Jelly Candies (Gummies) Market: Industrial Insights

The jelly candies (gummies) market is a mixed bag of many local and international players. These players are involved in fierce competition for obtaining a prominent position. New product launches are also in the pipeline. These launches are made possible through immense research and development activities.

The players add new flavors and infusions to make the jelly candies (gummies) more attractive and tasty for the consumer. In addition, the players are also involved in expansion activities. For instance, TopGum Industries, Ltd., an Israel-based manufacturer recently announced its plans to expand production to Europe and North America. Such developments bring promising growth for the jelly candies (gummies) market.

Some well-established players in the jelly candies (gummies) market are HARIBO GmbH & Co. KG, AUGUST STORCK KG, Grupo Bimbo SAB de CV, Mondelez International Inc., The Hershey Co., and Arcor Group.

Jelly Candies (Gummies) Market: CBD Gummies to Enhance Growth Prospects

Many infusions and tests are conducted across the jelly candies (gummies) market. Some prove to be extremely successful. CBD gummies are a classic instance. The infusion of essential CBD oils in gummies has attracted considerable attention from consumers and may prove to be a turning point for the growth of the jelly candies (gummies) market.

These gummies contain less than 0.3 percent THC and do not make one feel intoxicated. Consumption of these gummies can lead to reduced anxiety and can energize the body. It can also help to improve concentration. CBD gummies provide all these benefits with a great blend of taste. Hence, the sales of CBD gummies may prove to be useful in increasing the growth rate of the jelly candies (gummies) market.

Jelly Candies (Gummies) Market: Regional Perspective

Asia Pacific’s jelly candies (gummies) market may observe dominant growth across the forecast period of 2019-2029. The booming birth rate across densely populated countries like India and China may serve as a vital growth aspect as these candies are popular among kids.

The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.

TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.

TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.

5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?