LONDON--(BUSINESS WIRE)--The global jelly candies (gummies) market size is poised to grow by USD 2.02 billion during 2018-2022, according to a new report by Technavio, progressing at a CAGR of over 4% during the forecast period. Request Free Sample Pages
Read the 125-page research report with TOC on "Jelly Candies (Gummies) Market Analysis Report by product (sugar-based gummies and sugar-free gummies) and geography (the Americas, APAC, and EMEA) 2018-2022".
The market is driven by the availability of a diverse product range. Also, the growth in organized retailing is anticipated to further boost the growth of the jelly candies (gummies) market.
With the establishment of several drugstores, supermarkets, hypermarkets, convenience stores, and specialty stores, organized retailing has grown at an unprecedented rate worldwide. As gummies are primarily sold by organized retailers, vendors in the market are highly dependent on them. Therefore, the growth in organized retailing will fuel the growth of the market during the forecast period.
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Major Five Jelly Candies (Gummies) Companies:
Cloetta
Cloetta has business operations under various segments, which include sales, production, research and development (R&D), production facilities, and purchasing. The company offers a wide range of gummies under its well-known brands, Goody Good Stuff, Red Band, and Candyking.
Ferrero
Ferrero operates through the brands Kinder, Tic Tac, Raffaello, and Ferrero Rocher. The company is one of the largest manufacturers of chocolate products in the world. It offers a wide range of products in the gummies segment under well-known brands like BLACK FOREST, SWEETARTS, and LEMONHEAD.
HARIBO
HARIBO sells its products in countries like Brazil, China, Japan, Germany, Finland, Turkey, the UK, Russia, and Spain. The company is a leading vendor in the global jelly candies (gummies) market and offers a wide range of gummies.
Mars
Mars has business operations under various segments, which include pet care, food, confectionery, drinks, and symbioscience. The company is one of the leading vendors in the global jelly candies (gummies) market and provides gummies through brands like STARBURST and Skittles.
Nestlé
Nestlé operates its business through various segments, which includes Cereal Partners Worldwide (CPW), Nestlé Health Science (NHS), Nestlé Nespresso, Nestlé Purina PetCare, Nestlé Skin Health, and Nestlé Waters. The company owns several well-known brands such as Nerds, Laffy Taffy, SweeTARTS, and Rowntrees.
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Jelly Candies (Gummies) Product Outlook (Revenue, USD Million, 2018-2022)
- Sugar-based gummies (SBG)
- Sugar-free gummies (SFG)
Jelly Candies (Gummies) Regional Outlook (Revenue, USD Million, 2018-2022)
- The Americas
- APAC
- EMEA
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