Jellies and Gummies Market Size, Share, Growth Analysis, By Distribution channel(store-based and non-store-based), By categories(conventional and functional), By Region - Industry Forecast 2024-2031

Jellies and Gummies Market size was valued at USD 2.54 billion in 2022 and is poised to grow from USD 2.68 billion in 2023 to USD 4.18 billion by 2031, at a CAGR of 5.68% during the forecast period (2024-2031). 

Confectionery items that are popular include jellies and gummies. The use of a gelling agent or stabiliser is a common feature of these products. Gummy candies, on the other hand, have a gummy texture and are made with gelatin. Jelly candies, on the other hand, are made with ingredients other than gelatin, such as agar, gum, starch, acacia, and so on. Jellies may have different textures, but they are not as elastic as gummies. The market for jellies and gummies has grown significantly in recent years. The growing vegan population, thriving candy industry, rising awareness about the negative effects of chocolate consumption, and rising consumer spending are all factors driving market growth.

Jellies and gummies have gained popularity among consumers as a result of their frequent purchases and growing preference for candies over chocolate. Unique flavours, textures, candies design, shape, packaging, and sugar content are all factors that influence consumer purchasing decisions. Snacking, on-the-go personal rewards, occasions, and holidays are the most common reasons for the consumption of jellies and gummies. Candies are mostly popular among children, and they are the primary target consumers for candy manufacturers. North America dominates the Jellies and gummies market and will continue to do so during the forecast period due to rising demand for jellies and gummies and increased shelf space in stores when compared to other confectioneries. Europe, on the other hand, is expected to experience profitable growth as a result of new product launches such as sugar-free jellies and gummies within the region.

US Jellies and Gummies Market is poised to grow at a sustainable CAGR for the next forecast year.