According to a new report, published by KBV research, The Global Jellies & Gummies Market size is expected to reach $19.9 billion by 2030, rising at a market growth of 4.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 1,907.8 kilo tonnes, experiencing a growth of 4.2% (2019-2022).
The Store Based segment is leading the Global Jellies & Gummies Market, By Distribution Channel in 2022; thereby, achieving a market value of $14.5 billion by 2030. People below the age of 17 are the ones who consume jelly and gummies the most; shopping at local stores is more convenient for them than shopping on the Internet. Additionally, as part of their marketing strategies, industrialized nations have many food stores where the products are easily accessible. The main variables influencing physical stores are increased shelf space for jellies and gummies due to preservatives and gelling agents, improved product life, and no storage constraints.
The Cherry segment is exhibiting a CAGR of 4.6% during (2023 - 2030). Cherry flavor is known for its rich, fruity, and slightly tangy taste. It can vary in sweetness and tartness, depending on the specific formulation used by manufacturers. Cherries are commonly used in blending with other fruits to enhance the overall texture, intensify the flavor, and add a touch of sourness to a variety of fruit-based products. This blending technique aims to create a more enjoyable and satisfying consumer experience.
The North America region dominated the Global Jellies & Gummies Market, By Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $6.7 billion by 2030. The Europe region is poised to grow at CAGR of 3.8% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 4.9% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/jellies-gummies-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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 Geography (Volume, Kilo Tonnes, USD Million, 2019-2030)
Companies Profiled
Unique Offerings 
