London — Through 2022, worldwide sales for gummies are anticipated to increase 4 percent, compounded annually, according to Technavio, which notes fortification and organic claims will propel the sector.
Additionally, the market research firm reports demand for sugarfree options is on the rise, while manufacturers are already working to meet consumers’ interests in products made with natural preservatives, flavors and colors.
Nutraceutical gummies are also quickly gaining traction in the U.S. market, while growth in organized retailing in developing regions is also projected to lift the market, according to Technavio.
Looking at global regions, Europe, Middle East and Africa was the largest market for gummies in 2017, followed by the Americas and the Asia-Pacific (APAC) region. While APAC accounted for the smallest market share in 2017, the region is expected to experience the fastest growth during the forecast period.
For more insights into the gummi market, see the November/December issue of Candy & Snack TODAY.