“The Asia-Pacific Gummies and Jellies Market research report is a comprehensive and invaluable resource for businesses, enabling informed decision-making and enhancing marketing strategies, ultimately leading to business growth. This report estimates growth rates and market values based on dynamic market factors and growth drivers. It thoroughly analyzes and discusses significant industry trends, market size estimations, and market share data. Competitor analysis, a pivotal component, assesses the strengths and weaknesses of competitors and their strategies in both product and market aspects.
The creation of this high-quality Asia-Pacific Gummies and Jellies Market report is marked by unwavering commitment and transparency in research and analysis. The report delves into numerous market drivers and constraints, derived from SWOT analysis, and provides CAGR projections for the historical, and the forecast period spanning . It highlights prospective opportunities in emerging geographical markets and offers a comprehensive analysis of market segmentation, patents, and major market players, presenting a competitive landscape. In today’s fiercely competitive market, businesses continually strive to find better solutions in terms of product trends, future products, marketing strategies, and future developments. The excellent Asia-Pacific Gummies and Jellies Market report assures organizations of gaining in-depth knowledge and insights into the new regulatory environment that suits their operations.
Data Bridge Market Research analyses that the gummies and jellies market which was valued at USD 3009.07 million in 2021 is expected to reach the value of USD 5694.56 million by 2029, at a CAGR of 8.3% during the forecast period of 2022 to 2029.
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Market Definition
Gummies and jellies are similar types of sweets and confectionary products that are made with a gelatin base and various flavoured additives and ingredients, as well as colourants, to produce candies in a variety of shapes, sizes, colours, and flavours.
Report Scope and Market Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2022 to 2029 |
Base Year | 2021 |
Historic Years | 2020 (Customizable to 2019 – 2014) |
Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered | By Product Type (Gummies, Jellies), Type (Supplement Gummies, Traditional Gummies, Low Sugar Gummies, Sugar Free Gummies), Jelly Ingredient (High Methoxyl Pectin (HMP), Low Methoxyl Pectin (LMP)), Target Consumer (Adults, Kids), Category (GMO, Non-GMO), Flavours (Cherry, Peach, Matcha, Coconut, Coffee, Strawberry, Lemon, Apple, Orange, Honey And Ginger, Mango, Watermelon, Pineapple, Pomegranate, Raspbery, Grapes, Chocolate, Lime, Combination, Others), Ingredient (Gelatin, Pectin, Starch, Sugar, Glucose Syrup, Citric Acid, Others), Packaging Type (Bottles and Jars, Stand Up Pouches, Sachet, Packs, Club Store Trays, Others), Distribution Channel (Store Based Retailing, Non- Store Retailing) |
Countries Covered | China, India, Japan, South Korea, Australia, Singapore, Indonesia, Thailand, Malaysia, Vietnam, New-Zealand, Philippines, Rest of Asia-Pacific |
Market Players Covered | HARIBO of America, Inc (U.S), Ferrero (Luxembourg), Perfetti Van Melle (U.S), Meiji Holdings Co., Ltd. (Netherlands), Bayer AG (Germany), Candy People (U.S), CHURCH & DWIGHT CO., INC. (U.S), GlaxoSmithKline plc (U.S)Dixie Brands (US), KANNAWAY LLC. (US), CURA CS, LLC. (US), KAZMIRA (US), Curaleaf (US) and CannazALL (US) New Age Inc. (U.S) |
Opportunities |
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Drivers
The increasing vegan population worldwide, as well as high levels of consumer spending on candies, jellies, and other confectionary products, are the major factors fostering the growth of the gummies and jellies market. Furthermore, rising consumer awareness of the negative side effects of chocolate consumption, as well as unique flavours, textures, candies design, shape, packaging, and sugar content, will drive growth in the gummies and jellies market value.
Given the largest and fastest-growing consumer group, manufacturers are developing innovative packaging and marketing strategies that differentiate products by their wrappings, such as 3D wrapping, having a QR code on the wrapper for an online game, and holding a contest to engage buyers. The ease of handling and supply of the candies is attributed to the growing demand for jellies and gummies in sugar confectioneries around the world. Unlike chocolate, jellies and gummies do not need to be stored in a refrigerated environment, which increases demand from developing-country rural areas.
Opportunity
There are several opportunities in the Asia-Pacific gummies and jellies market that businesses can take advantage of in order to grow and expand their operations. Businesses, for example, could conduct research and development to improve their current manufacturing process. Similarly, they have the opportunity to introduce new flavoured jellies and gummies to the market, thereby expanding their product portfolio. Businesses in the market can only grow in the Asia-Pacific business environment if they capitalise on these opportunities.
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The gummies and jellies market is segmented on the basis of product type, type, jelly ingredient, target consumer, category, flavours, ingredient, packaging type, distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
Product type
Jelly ingredient
Consumers
Category
Flavours
Ingredients
Packaging
Distribution channel
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Radical conclusions of the report:
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