Global Fruit Jellies Market 2017-2021

The fruit jellies market size has the potential to grow at a CAGR of close to 5% during 2017-2021, and the market's growth momentum will accelerate during the forecast period because of the steady increase in year-over-year growth.

This report provides a detailed analysis of the market by type (HMP and LMP) and geography (the Americas, APAC, and EMEA). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including Cloetta, Ferrara Candy Company, HARIBO, Jelly Belly Candy Company, Just Born, and Perfetti Van Belle

Overview of the global fruit jellies market

According to Technavio’s market research analysis, the rising market penetration and innovations in product and packaging will the major factors that will have a positive impact on the global fruit jellies market during the forecast period. Increased focus on product and packaging innovations is seen in the fruit jellies market due to their appealing shapes for consumers and kids. Over the years, numerous regional and local vendors have introduced many products and packaging innovations to raise their customer base and market presence. For instance, one of the prominent food companies, ITC, introduced a new product named Jellicious Jelimals under the brand Candyman in the Indian confectionery market. The product was launched in four new flavors: mango, strawberry, pineapple, and orange. These products and packaging innovations will increase the demand for fruit jellies and drive the growth of the fruit jellies market during the forecast period. Our market research analysts predict that this market will grow at a CAGR of close to 5% by 2021.

The introduction of premium and gourmet products is one of the key trends that will contribute to the market growth in the forecast period. Global fruit jellies manufacturers are trying out new flavors and ethnic ingredients to offer products based on changing consumer preferences. New premium and gourmet fruit jelly products with low sugar and fat levels are attracting huge popularity among consumers. For instance, in 2014, Cloetta acquired Aran Candy, an Irish Company that are experts in producing and selling gourmet jelly bean products worldwide under the name of its famous brand The Jelly Bean Factory.

Competitive landscape and key vendors

The fruit jellies market consists of many small and large vendors. Vendors in the market compete based on factors such as price, quality, innovation, service, packaging, brand image, distribution, and promotion. The market consists of different companies with more expertise than others with respect to products.

The leading vendors in the market are –

• Cloetta
• Ferrara Candy Company
• HARIBO
• Jelly Belly Candy Company
• Just Born
• Perfetti Van Belle

The other prominent vendors in the market are The Hershey Company, Mars, Impact Confections, and Palmer Candy Company.

Segmentation by ingredients type and analysis of the fruit jellies market

• High methoxyl pectin (HMP)
• Low methoxyl pectin (LMP)

During 2016, the HMP segment accounted for the major shares of the fruit jellies market. Factors such as the capability to form sugar-acid-pectin gels and low-water-activity gels will contribute to the growth of this industry segment in the coming years.

Geographical segmentation and analysis of the fruit jellies market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, EMEA will be the major revenue contributor to the fruit jellies market throughout the forecast period. The rising disposable incomes of consumers in Eastern European economies and the growing number of organized retailing stores in the region will drive the growth of the fruit jellies market. 

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global fruit jellies market?
• What are the key market trends impacting the growth of the global fruit jellies market?
• What are the challenges to market growth?
• Who are the key vendors in the global fruit jellies market?
• What are the market opportunities and threats faced by the vendors in the global fruit jellies market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global fruit jellies market?

Technavio also offers customization on reports based on specific client requirement.