The North America Jellies & Gummies Market would witness market growth of 3.4% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 593.8 kilo tonnes, showcasing a growth of 3.5% (2019-2022).
The market is expanding significantly. This results from the properties, colors, flavors, and convenience of consumption, whether for taste or consumption of gummy vitamins. Producers have started to provide innovative and exotic flavors, such as cherry, cola, peach, and raspberry. Vegetables, liqueur, and other ingredients are used to make jellies and gummies. This draws in many customers to broaden the range of opportunities for manufacturers and increase consumer acceptance and adoption.
For instance, the US company Vitafusion debuted a line of products that included gummies flavored with apple cider vinegar and natural peach. As a result, companies are producing and marketing jellies and gummies with a fusion of natural fruit flavors to satisfy consumers' varying demands for various tastes.
Candy manufactured with hydrocolloid, often a stabilizer, includes gummies and jellies. This component creates a framework that holds highly moistened sugar syrup together. The hydrocolloid gel also impacts the food's appearance, flavors, and texture. "Gummy" is typically only used to describe sweets prepared with gelatine. "jellies" is generally used to describe candies manufactured with different hydrocolloids. The most widely used hydrocolloids are gelatine, starch, and pectin. The structure and flavor of the candy are unique to each hydrocolloid. Agar, gum, carrageenan, and other hydrocolloids are frequently combined to give them new properties and patterns.
Almost all Americans (97%) say they eat sweets at least once a year, and about one-fourth of the US population aged ≥2 years do so on any given day. Social media reflects the continued fascination with gummy candy and highlights its cross-generational appeal. Jellies and gummies are among Mexico's most-sold sugary confectionary products, representing 23.4% of the sales.Demand for jellies and gummies manufactured with natural colors, flavors, and ingredients is rising as consumers focus more on healthy food choices. In this region, many people are choosing sugar-free and organic foods. These developments have given the regional market more space to expand.
The US market dominated the North America Jellies & Gummies Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4,798.9 million by 2030. The Canada market is experiencing a CAGR of 5.8% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 4.8% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Jellies & Gummies Market is Predict to reach $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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