Global Fruit Jam, Jelly, and Preserves Market - Growth, Trends, and Forecasts (2017 - 2022)

Published - Jan 2017 | Category - Food & Beverages | No. of Pages - 169 | Published By - Mordor Intelligence

Report Highlights

Market Insights

The global jam, jelly, and preserves market is expected to reach 8.7 billion by 2021, growing at a 3.2% CAGR during the forecast period.

Market Dynamics

The fruit jam, jelly, and preserves market is driven by the convenience of food supplement items, preference for ready-to-eat products, multiple distribution channels, changing lifestyles and food preferences due to urbanization, and the popularity of versatile flavored food materials. Although the market is growing at a decent pace, the high cost of raw materials and ingredients and government regulations on processed food and food additives are slowing it down. Innovative product development with new flavors of untraditional fruits and organic products is an opportunity for market players.  Another opportunity is the penetration of the developing market for jams, jellies, and preserves.

Market Segmentation

The jam, jelly, and preserves market can be segmented by product types, flavors, ingredients, distribution channels, and geography. By the product type, jam products account for more than 40% of the global market share, followed by jelly. By the flavor type, the market can be segmented into blackberry, raspberry, strawberry, apricot, grape, blueberry flavors, and others. By distribution channel types, the market can be segmented into hypermarkets, supermarkets, convenience stores, departmental stores, specialty stores and online purchases.

Regional Analysis

Europe and North America are the largest markets in terms of consumption. Given the steady demand in Western European countries, the regional market is expected to have the largest market share. The developing regions of South America and Asia-Pacific are also expected to grow at a high CAGR. The market growth in India, China, Brazil, Argentina, Bangladesh, and South Africa is supported by the large population, high supplementary food demand and changing lifestyle in terms of food consumption, preference, and taste.

Competitive Environment

The competition is reported to be huge mostly in North America and Europe, where a large number of small and big enterprises are operating in the limited market. These markets are more saturated due to the presence of many small and private local players. A major growth opportunity lies in China, Brazil, Argentina, South Africa, and India due to their huge population. New innovative product launches, flavored products, healthy food items, and mergers & acquisitions with smaller level players have been strong business strategies for market growth here.

Some major players in this market are-

ConAgra Foods Inc.

Ferrero Group

Hershey Company

Kraft Foods

National Grape Co-operative Association Nestle Ltd.

Unilever Group

Key Deliverables in the Study

Market analysis for the jam, jelly, and preserves market, with region-specific assessments and competition analysis on the global and regional scale.

Market definition along with the identification of key drivers and restraints.

Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.

Extensively researched competitive landscape section with profiles of major companies along with their market share.

Identification and analysis of the macro and micro factors that affect the fruit jam, jellies, and preserves market on the global and regional scale.

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.

Insights on the major countries/regions where this industry is growing and to also identify the regions that are still untapped.

Related Reports

Global Food Processing Machinery Market - Growth, Trends, and Forecasts (2016 - 2021

Global Syrups Market - Segmented by Application and Geography - Growth, Trends, and Forecasts (2017 - 2022)

Global Freeze-Dried food Market - Growth, Trends, and Forecasts (2017 - 2022)

Global Food Spreads Market - Segmented by Type and Geography - Trends and Forecasts (2017 - 2022)

 

Quick Buy

Latest Publications