PUBLISHER: Allied Market Research | PRODUCT CODE: 1365793
PUBLISHER: Allied Market Research | PRODUCT CODE: 1365793
According to a new report published by Allied Market Research, titled, "Jelly Pudding Market," The jelly pudding market was valued at $17.3 billion in 2022, and is estimated to reach $25.2 billion by 2032, growing at a CAGR of 3.8% from 2023 to 2032.
The jelly pudding market is segmented on the basis of flavor, packaging, distribution channel, and region. On the basis of flavor, the market is divided into fruit flavored, dairy flavored, coffee flavored, and others. On the basis of packaging, the market is bifurcated into single serve cups and multi pack containers. On the basis of distribution channel, the market is classified into supermarkets/hypermarkets, convenience stores, specialty stores, and online sales channel. On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Jelly pudding is no exception to the expanding trend of personalization in the food market. Some companies provide customers the chance to construct their own jelly pudding kits at home or select the flavors, toppings, and other alternatives as per their preference. Thus, consumers enjoy a customized and distinctive dessert. Instagram and TikTok are two examples of social media channels that have developed into effective marketing platforms for food items like jelly pudding. Brands make use of recipe suggestions, visually appealing material, and user-generated content to interact with customers and create trends around jelly pudding.
The COVID-19 pandemic had a mixed impact on the jelly pudding market. The food service industry, which includes the consumption of jelly pudding as a dessert option, was greatly damaged by the shutdown of restaurants, cafes, and other food service businesses during the lockdown. Thus, only a few people were buying jelly pudding in large quantities for use in businesses. Demand for online sales channels increased as more people turned to online buying during the pandemic. As a result, jelly pudding brands and retailers had a chance to connect with customers directly through e-commerce platforms, opening a new sales channel.
The major players operating in the global jelly pudding market are 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, and The Hain Celestial Group, Inc.
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