Pune, India -- (SBWIRE) -- 07/09/2018 -- Market Overview:
Gummies and jellies are prepared using hydrocolloids, which help in holding relatively high moisture content sugar syrup. The hydrocolloid gel impacts the texture, appearance, and flavor release of the products. With the technological advancement, preparation of jellies and gummies of varying size, shape, and color personalized according to the consumer's choice, has become very much easy and has led to an extraordinary demand for jellies and gummies. Additionally, reduced amount of calories and sugar in jellies and gummies has added to the growth of the global market.

Rise in demand for jellies & gummies among kids of all age groups in developed economies, is one of the driving forces for this market. Key players are also investing in R&D to focus on the development of new product lines with improved formulations. Jellies & gummies prepared from exotic fruits, vegetables, liqueur and other sources have attracted a large number of consumers. Also, the high amount of vitamins, proteins, and fiber makes it a good source of energy. Thus, the demand for jellies and gummies in the food industry is high.

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Additionally, accessibility of low-priced confectionery products from different brands is anticipated to drive the growth of global jellies & gummies market. Also, the presence of preservatives and gelling agents in jellies, makes them more stable and fit for consumption for a longer time period. This attracts the consumer towards jellies. Furthermore, the growing demand for sugar-free jellies and gummies is supporting the market growth.

Major Key Players:
Some of the key players profiled in the global jellies & gummies market are  Haribo (Germany), Jelly Belly Candy Company (U.S.), Mondelez International, Inc (U.S.), MARS Inc (U.S.), and European Food Co.Ltd (Thailand). Casa Del Dolce SRL (Italy), Cloetta (Netherlands), Confidas (Belgium), Decoria Confectionary Co.Ltd (South Korea), Hatops Food Co.Ltd (China), Meiji (Japan), Perfetti Van Melle (India), and The Ferrero Group (U.S.) are among others

Key Findings:
Growing confectionery industry is the reason for the growing demand for jellies & gummies. North America market has a massive opportunity for jellies & gummies.

Industry Segments:
The global jellies & gummies market is segmented on the basis of type, and distribution channel.

On the basis of type, it is segmented into fruits, vegetables, herbs and flower, liqueur, and others. Among all, the fruits segment is dominating the market followed by vegetables owing to its higher use in the confectionery industry to prepare jellies and gummies.

On the basis of distribution channel, it is segmented into store-based and non-store based. Among both, the store based segment is dominating in the market, given the one-stop shopping experience.

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Regional Analysis:
The global jellies & gummies market is segmented into Europe, Asia Pacific, North America, and rest of the world (RoW). North America region is dominating the jellies & gummies market and is expected to retain its dominance over the forecast period. Europe jellies & gummies market is also witnessing a huge demand over the assessment period owing to increased consumption, among kids.

Also, the growing consumer awareness towards jellies & gummies prepared from natural ingredients, such as fruits and vegetables, is driving the growth of jellies & gummies market in the Asia Pacific region. Furthermore, increasing demand for confectionery products in countries such as China and Japan, is likely to boost the growth of the jellies & gummies market during the assessment period.