PORTLAND, OR, US, December 6, 2023 /EINPresswire.com/ -- Jelly Pudding Market by Flavor (Fruit flavored, Dairy flavored, Coffee flavored, and Others), Packaging (Single serve cups and Multi pack containers), and Distribution Channel (Supermarkets/hypermarkets, Convenience Stores, Specialty Stores, Online Sales Channel): Global Opportunity Analysis and Industry Forecast, 2023–2032." According to the report, the global jelly pudding market size was valued at $17.3 billion in 2022 and is projected to reach $25.2 billion by 2032, registering a CAGR of 3.8% from 2023 to 2032.
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Jelly pudding is made using gelatin, sugar, and flavorings. It is frequently served cold and has a smooth, jiggly texture. Gelatin, which gives jelly pudding its characteristic jelly-like consistency, is often the predominant component. For sweetness, sugar is added, and various flavorings, including fruit extracts or essences are used to give it a distinctive flavor. Coloring chemicals can also be applied to improve its aesthetic appeal.
The global jelly pudding market is experiencing growth due to various factors, including the surge in consumer demand, social media influence, and globalization and cultural exchange. However, the market for jelly pudding is significantly constrained by allergies and dietary restrictions. On the other hand, the introduction of premium and artisanal jelly pudding is creating lucrative opportunities for the growth of the market in coming years.
Leading Key Players
Conagra Brands, Inc.
Danone S.A.
The Kraft Heinz Company
Theo Muller Group
Dr. August Oetker KG
Rico Food Industries Sdn. Bhd.
Cocon Food Industries Sdn. Bhd.
Del Monte Pacific Limited
Shellz India
The Hain Celestial Group, Inc.
The report analyzes these key players in the global jelly pudding market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, developments, and product portfolios of every market player.
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On the basis of distribution channel, it is classified into supermarkets/hypermarkets, convenience stores, specialty stores, and online sales channel. The online sales channel segment is anticipated to grow at the highest CAGR during the jelly pudding market forecast period. High-quality jelly pudding is frequently available from online vendors who specialize in gourmet or specialty food. These stores handpick a variety of distinctive flavors and high-end brands to satisfy the needs of food experts and those looking for artisanal or specialty selections. Customers have access to a huge selection of jelly pudding varieties and brands via online sales platforms. Customers enjoy flavors that might not be easily accessible in their local markets, due to possibilities for international delivery, which expands their options and offers a truly global dining experience.
By distribution channel, the specialty stores segment held the highest market share in 2022, accounting for nearly two-fifths of the global jelly pudding market revenue, and is estimated to maintain its leadership status throughout the forecast period. Specialty stores provide high service quality and detailed product specifications & expert guidance to the consumers, which boosts the sales of these products. However, the online sales channel segment would portray the fastest CAGR of 5.5% during the forecast period. Consumers are becoming aware of different purchasing trends that exist in society with the improvement in technology and internet services becoming more readily available.
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By flavor, the fruit flavored segment held the highest market share in 2022, accounting for around three-fifths of the global jelly pudding market revenue, and is estimated to maintain its leadership status throughout the forecast period. Jelly puddings with fruit flavors are well-liked by consumers who appreciate the reviving and authentic flavor of fruits in their desserts. The dairy flavored segment, however, showcase the fastest CAGR of 4.3% during the forecast period. Classic dairy confectionaries including vanilla pudding, butterscotch pudding, chocolate pudding, or caramel custard are numerous sources of stimulation for dairy-flavored jelly puddings. These flavors try to mimic the rich and creamy flavors of desserts made with dairy.
Jelly pudding frequently contains gelatin, which is made from animal collagen commonly found in the skin and bones of pigs or cows. This presents a problem for people who are allergic to gelatin, such as vegetarians and vegans. Recipes for traditional jelly pudding frequently call for dairy products like milk or cream. Eggs are sometimes used in jelly pudding recipes. People who are allergic to dairy products and eggs need to be careful and search for egg-free substitutes for jelly pudding. Thus, allergies and dietary restrictions hinder the jelly pudding market growth.
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