Data Bridge Market Research analyses that the gummy candy market which was USD 8.12 billion in 2023, would rocket up to USD 12.37 billion by 2031, and is expected to undergo a CAGR of 5.4% during the forecast period of 2024 to 2031.
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Market Overview:
The global gummy candy market is experiencing steady growth, driven by consumers' penchant for indulgent treats and increasing demand for convenient, on-the-go snacks. With a wide variety of flavors, shapes, and formulations, gummy candies appeal to diverse demographics, making them a popular choice among both children and adults worldwide. Additionally, the availability of gummies in a preposition of organic and sugar-free labels is catering for consumers who are paying premium for healthier and more customized confectionery options.
Some of the major players operating in the Gummy Candy market are HARIBO GmbH & Co. KG (Germany), Albanese Candy (U.S.), Ferrara Candy Company (U.S.), Perfetti Van Melle (Netherlands), PIM Brands. Inc. (U.S.), Trolli GmbH (Germany), Jelly Belly Candy Company (U.S.), THE HERSHEY COMPANY (U.S.), Mars, Incorporated (U.S.), Mondelēz International (U.S.), Nestlé (Switzerland), The Kraft Heinz Company (U.S.), YummyEarth, Inc. (U.S.), Bazooka Candy Brands. (U.K.), Meiji Holdings Co., Ltd. (Japan), MORINAGA & CO., LTD. (Japan), Sunkist Growers Inc (U.S.), Cloetta AB (Sweden), Grupo Bimbo (Mexico), AUGUST STORCK KG (Germany), and Arcor (Argentina) among others.
Global Gummy Candy Market Scope
The global gummy candy market is segmented on the basis of type, flavor, application, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Traditional Gummies
- Functional Gummies
- Organic Gummies
- Sugar-free Gummies
Flavor
- Chocolatey
- Creamy Indulgence
- Fresh & Fruity
- Sourpuss
- Others
Application
- Child
- Adult
Distribution Channel
- Convenience Stores
- Supermarkets and Hypermarkets
- Online Retail
- Specialty Stores
- Others
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Gummy Candy Market Landscape
Part 04: Global Gummy Candy Market Sizing
Part 05: Global Gummy Candy Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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