The global jellies and gummies products market was valued at USD 18.2 billion in 2022 and is projected to expand at a CAGR of 5.7% from 2023 to 2030. The increasing adoption of gummies and jellies as snacks among people of all ages is one of the major factors driving the market. The high demand for these products is attributed to their convenience, taste, and natural ingredients. Furthermore, the increasing health consciousness among consumers is driving the demand for naturally sourced jellies and gummies.

The demand for exotic flavors in jellies and gummies is increasing due to the changing consumer preferences. To meet the consumer demand, manufacturers are introducing various flavors such as mango, strawberry, peach, and pineapple. For instance, in July 2021, The Jelly Bean Factory launched a range of new flavors, including grapefruit, raspberry, and blackberry. The new range of flavors are said to be inspired by popular cocktails, such as the mojito, the margarita, and the daiquiri.

The growing demand for organic, vegan, and gluten-free gummies and jellies is boosting the market’s growth. To meet the consumer demand, several manufacturers are introducing vegan and gluten-free varieties of these products. For instance, in April 2021, The Jelly Bean Factory launched a vegan-friendly range of gummies, which are said to be made using natural ingredients and contain no artificial colors or flavors.

The growing demand for these products as functional snacks is driving the market growth. Functional snacks are healthy snacks that provide additional health benefits such as energy boosting, weight management, and improved digestion. For instance, in December 2021, Trident launched a new range of jellies and gummies that are enriched with vitamins and minerals and are said to be beneficial for overall health.

The increasing use of these products in the healthcare industry is also driving the market growth. Jellies and gummies are gaining traction as a medication delivery system, especially among pediatric patients, as they are easy to consume, tasty, and come in various shapes and sizes. Furthermore, the increasing demand for these products in the cosmetic industry is driving the market growth. For instance, in April 2021, Jellycat launched a range of jellies and gummies that are said to be beneficial for the skin, hair, and nails.

The jellies segment accounted for the highest share of around 57.6% in 2018 and is expected to remain dominant throughout the forecast period. This can be attributed to the high popularity of jellies among children, owing to its unique texture, various flavors, and attractive packaging. Moreover, the presence of various natural ingredients such as fruits and vegetables in jellies has further increased its popularity among health-conscious consumers.

The gummy segment is expected to expand at the fastest CAGR of 8.2% from 2019 to 2025. The increasing popularity of gummies among children and adults, owing to its attractive packaging and a wide variety of flavors, is driving the market growth. Furthermore, the presence of various natural ingredients such as fruits and vegetables in gummies has further increased its popularity among health-conscious consumers. In addition, the growing popularity of sugar-free gummies to reduce calorie intake, the rising demand for vegan gummies, and the increasing popularity of gummies as a snack are some of the other factors fueling the market growth.

The supermarkets and hypermarkets segment captured the major share of over 32.3% in 2022. Supermarkets and hypermarkets are the most preferred destination for jellies and gummies products due to the wide range of flavors & variety and the convenience of one-stop shopping. The availability of various brands and products in a single place allows customers to compare prices and purchase the best product at a reasonable price. Furthermore, the presence of promotional offers and discounts offered by supermarkets and hypermarkets also attracts customers towards these outlets.

The convenience stores and gas stations segment is anticipated to expand at the highest CAGR of 11.5% over the forecast period. Consumers generally prefer convenience stores for buying small packets of jellies and gummies due to the limited shelf space. These stores provide a wide range of flavors and varieties of jellies and gummies at a reasonable price and also offer convenience to customers. Moreover, the presence of gas stations in rural areas has also increased the sales of this product.

The vegan segment accounted for the largest revenue share of 24.2% in the year 2022. The demand for vegan gummies has increased significantly due to the rise in the vegan population across the globe. In addition, the increasing health consciousness among people is also driving the demand for vegan jellies and gummies. Vegan products offer a natural and healthy alternative to traditional variants, which make them popular among consumers. Furthermore, manufacturers are increasing their product portfolio with vegan variants to capture a larger share in the market. For instance, in July 2022, Haribo, a German confectionery company, launched vegan gummies in the U.S.

The organic segment is anticipated to expand at the highest CAGR of 10.3% over the forecast period. The increasing demand for organic jellies and gummies is attributed to the health benefits associated with organic ingredients. Consumers are increasingly opting for organic products as they are perceived to be more natural and provide more nutrition in comparison to conventional products. In addition, the growing number of health-conscious consumers and the rising demand for organic products is also driving the market growth. For instance, in May 2022, Fruity Pops, a UK-based confectionery company, launched organic gummies with no artificial flavors.

Europe held a dominant share of 31.5% in the global jellies and gummies products market in 2021 owing to the rising demand for organic and vegan gummies in the region. Increasing health awareness among consumers has led to an increase in the demand for vegan and organic products, which is further expected to drive the growth of the market. For instance, in March 2021, Dutch food and beverage company Koninklijke Wessanen launched organic vegan gummy candy in the UK.

North America is expected to witness the second-fastest growth in the coming years. The rising presence of health-conscious consumers, rising demand for sugar-free alternatives, and a surge in product launches are some of the key factors driving the growth of the market in this region. For instance, in March 2021, The Hershey Company launched a line of jellies and gummies in the U.S. market. The product line includes jellies, gummies, and fruit snacks in 20 different flavors.

In this part of the Jellies & Gummies products business plan, we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your business. Usually, these projections are drafted for a 5-year period.

Revenue Assumptions
The main source of revenues for a Jellies & Gummies products business comes from sales of its products. This may include online sales, retail sales, and wholesale sales. Here you will find a list with a description of each of them and other possible sources of profit such as fundraising, food & beverage, the sale of merchandise, and leasing the place for parties and corporate events.

Projecting Expenses
In this section, all the regular expenses related to keeping the Jellies & Gummies products business running will be described. The list of operating expenses includes production costs, wages, packaging, utilities, shipping, insurance policies, advertising, taxes, and others.

Some of the key companies operating in the jellies & gummies market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:

– In June 2022, Hershey’s launched a new range of gummies called Hershey’s Gummies.

– In August 2022, Jelly Belly launched its new line of gummies called Jelly Belly Gummies.

– In October 2022, Haribo launched its new range of gummies called Haribo Gummies.

Some of the prominent players in the jellies & gummies market include:

– The Hershey Company
– Jelly Belly Candy Company
– Haribo GmbH & Co. KG
– Albanese Confectionery
– Ferrara Candy Company
– Mars, Incorporated
– Nestle SA
– Mondelez International, Inc.
– Zeta Espacial S.A.
– Ferrero Group

This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global jellies & gummies products market based on product type, application, distribution channel, and region:

1. Product Type Outlook (Revenue, USD Million, 2017 – 2030)
– Jelly Beans
– Gummy Bears
– Fruit Snacks
– Gum Drops
– Gummy Worms
– Others

2. Application Outlook (Revenue, USD Million, 2017 – 2030)
– Food & Beverages
– Personal Care
– Pharmaceuticals
– Others

3. Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)
– Supermarkets & Hypermarkets
– Online
– Convenience Stores
– Others

4. Regional Outlook (Revenue, USD Million, 2017 – 2030)
– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa

[Q]: What are the Major Drivers for the Jellies & Gummies Products Market?
[A]: The major drivers for the jellies & gummies products market are the increasing demand for convenience foods, rising consumer preference for healthy snacks, and the growing influence of social media. Additionally, the rise of veganism and health-conscious diets have increased the focus on plant-based jellies and gummies that offer an alternative to traditional sugary snacks.

[Q]: What are the Key Geographical Regions of the Jellies & Gummies Products Market?
[A]: North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa are the key geographical regions of the jellies & gummies products market.

[Q]: Who are the Leading Companies in the Jellies & Gummies Products Market?
[A]: The leading companies in the jellies & gummies products market are The Hershey Company, General Mills, Inc., Jelly Belly Candy Company, Nestlé, Haribo GmbH & Co. KG, Mondelēz International, Inc., Lindt & Sprüngli AG, Perfetti Van Melle, Albanese Confectionery, and Ferrara Candy Company.

[Q]: What are the Major Trends in the Jellies & Gummies Products Market?
[A]: The major trends in the jellies & gummies products market are the increasing demand for natural and organic ingredients, rising focus on product innovation, and the increasing popularity of plant-based jellies and gummies.

[Q]: What are the Opportunities for the Jellies & Gummies Products Market?
[A]: The major opportunities for the jellies & gummies products market are the growing demand for convenience foods and healthy snacks, the emergence of innovative packaging formats, and the increasing demand for plant-based jellies and gummies.