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Global Jelly Candies (Gummies) Market 2018-2022 | Growth in Organized Retailing to Boost Demand | Technavio

January 2, 2019

LONDON--(BUSINESS WIRE)--Jan 2, 2019-- analysts forecast the global jelly candies (gummies) market to grow at a CAGR of over 4% during the forecast period, according to their latest market research report.

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Technavio has published a new market research report on the global jelly candies (gummies) market from 2018-2022. (Graphic: Business Wire)

The reinvention of the vitamin, organic, and sugar-free gummies category is one of the major trends being witnessed in the . The trend of health and wellness is transforming many sectors in the food industry and is now percolating to the packaged food sector. The demand for and production of sugar-free gummies is growing significantly, thanks to the awareness of the harmful health impact of excessive sugar consumption. Several manufacturers have started offering products made with naturally sourced preservatives, flavors, and colors. Nutraceutical gummies are already gaining traction in markets such as the US.

This report is available at a USD 1,000 discount for a limited time only:

According to Technavio analysts, one of the key factors contributing to the growth of the global jelly candies (gummies) market is the growth in organized retailing:

Global jelly candies (gummies) market: Growth in organized retailing

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.

According to a senior analyst at Technavio, “Apart from the growth in organized retailing, factors such as the availability of a wide and diverse product range, and the increase in the number of new product launches will positively impact the growth of the global jelly candies (gummies) market during the forecast period.”

Global jelly candies (gummies) market: Segmentation analysis

The global jelly candies (gummies) market research report provides market segmentation by product (sugar-based gummies, and sugar-free gummies), and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

The EMEA region held the largest share of the market in 2017, followed by the Americas and APAC respectively. Although the APAC region held the smallest share of the market in 2017, it is expected to register the highest incremental growth during the forecast period.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20190102005510/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 01/02/2019 12:43 PM/DISC: 01/02/2019 12:43 PM

http://www.businesswire.com/news/home/20190102005510/en

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