The Europe Jellies & Gummies Market would witness market growth of 3.8% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 410.7 kilo tonnes, showcasing a growth of 4.0% (2019-2022).
The market is expanding because of an increasing vegan population, a booming confectionery industry, more consumer spending, and improved consumer knowledge of the drawbacks of eating chocolate. Customers have started buying jellies and gummies more frequently and are beginning to prefer them over chocolate. Various factors impact consumer purchasing decisions, including different flavors, textures, designs, packaging, and sugar levels. Candy and jellies are frequently consumed as snacks and on holidays and special events. Kids are the primary target market for jellies & gummies because they are the group that enjoys it most.
The increasing demand for confectionery products among people also boosts the market. Confectionery products include baked pastries, candies, jellies, gummy bears, and other sweet foods and beverages. Fast-paced consumers are increasingly drawn to confectioneries because they are tasty. Various manufacturers' availability of inexpensive non-chocolate confectionery items is also projected to fuel the market. Additionally, using preservatives and gelling agents makes jellies and gummies more desirable and suitable for eating over a longer time, drawing consumers away from chocolate confections in favor of jellies and gummies.
The market in Europe is experiencing significant growth due to the recent surge in the popularity of pick-and-mix sweets. Business opportunities are powered by the health and well-being trend in Germany, which has led to increased demand for fat-free and sugar-free confectionery like jellies and gummies. For National Candy Day, HARIBO unveiled Berry Clouds, their newest gummi creation. Berry Clouds are unusual triple-layered candies with a soft, sweet chew suitable for kids and adults. In recent years, there has been a noticeable rise in the popularity of confectionery such as jellies and gummies in the Nordic countries. Therefore, the market is expected to increase significantly in the coming years.
The Germany market dominated the Europe Jellies & Gummies Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,222.6 million by 2030. The UK market is exhibiting a CAGR of 2.9% during (2023 - 2030). Additionally, The France market would experience a CAGR of 4.6% during (2023 - 2030).
Based on Distribution Channel, the market is segmented into Store Based, and Non-store Based. Based on Flavor, the market is segmented into Berries, Grapefruit, Cherry, Peach, Apple, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Jellies & Gummies Market will Hit $19.9 Billion by 2030, at a CAGR of 4.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Mondelez International, Inc, Mars, Inc., Nestle S.A., Haribo GmbH & Co. KG, European Food Plc Co., Ltd, Cloetta AB (publ), Meiji Holdings Co., Ltd., The Hershey Company, Ferrara Candy Company and Casa del Dolce S.p.A.
By Distribution Channel (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Flavor (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)
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