Jam, Jelly, and Preserves Market Outlook 2031
The Global Jam, Jelly, and Preserves Market size was valued at USD 1.77 Billion in 2022 and is projected to reach USD 2.84 Billion by 2031, expanding at a CAGR of 5.4% during the forecast period. The growth of the market is attributed to the increasing consumption of jams among youth population.
A combination of pectin and sugar fruits is used to make jams, jellies, and preserves. They're commonly served as a breakfast spread on sliced white or whole wheat bread. The jam is made out of fruit puree and chopped fruit. Fruit chunks or complete pieces can be found in canned meals. Gelatin, on the other hand, is formed completely of fruit juice and is transparent or translucent after the manufacturing process.
The COVID-19 pandemic has had a major impact on the global jams, jellies, and preserves market. The pandemic has disrupted the jam, jelly, and marmalade supply chain, as well as impacted the market in an unprecedented way. The availability of these items is hampered by transportation barriers and social distancing rules. However, as people ate more home-cooked meals, sales of jam, jelly, and preserves surged internationally in 2020.
Jam, Jelly, and Preserves Market Trends, Drivers, Restraints, and Opportunities
- Rising demand for clean label components is expected to boost the market.
- Growing preference for raspberries and blueberry jams and jellies is anticipated to drive the jam, jelly, and preserves market growth during the forecast period.
- Rising health consciousness among the people can hamper the jam, jelly, and preserves market expansion.
- increased demand for ready-to-eat food goods, as well as a preference for organic foods, is estimated to provide lucrative opportunities for jam, jelly, and preserves manufacturers.
Scope of Jam, Jelly, and Preserves Market Report
The report on the global jam, jelly, and preserves market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Jam, Jelly, and Preserves Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Types (Jams, Jellies, Preserves and Marmalade) and Distribution Channels (Hypermarkets/Supermarkets, Convenience Stores, Online Retail, and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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B&G Foods, Inc.; The J.M. Smucker Company; F. Duerr & Sons Ltd; Andros Group; and Orkla ASA
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Jam, Jelly, and Preserves Market Segment Insights
Jams segment is expected to grow at a rapid pace
Based on types, the market is divided into jams, jellies, preserves and marmalade. The jams segment is expected to grow at a rapid pace during the forecast period owing to the extensive usage of jams as spreads or garnishes on bread slices and toasts has resulted in large consumption of these goods. However, the jellies segment is anticipated to hold a key share of the market in the coming years due to increased health benefits, and gelatin products with different flavor profiles.
Hypermarkets/supermarkets segment is projected to expand at a considerable CAGR
On the basis of distribution channels, the market is segregated into hypermarkets/supermarkets, convenience stores, online retail, and others. The supermarkets/ hypermarkets segment is projected to expand at a considerable CAGR during the forecast period owing to their huge store area and easy traditional services.
North America is anticipated to constitute a key market share
In terms of regions, the global jam, jelly, and preserves market share is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the projected period due to increasing demand for convenient foods.
Moreover, jelly and jam producers in North America have been seen utilizing mature and moderately fruits, and also sugar substitutes such as vinegar, to make their goods more colorful and tastier. However, the market in Europe is anticipated to expand at a rapid pace during the forecast period owing to growing requirement for healthy, nutritious, creative, and organically prepared jams, jellies, and preserves.
Segments
The global jam, jelly, and preserves market has been segmented on the basis of
Types
- Jams
- Jellies
- Preserves
- Marmalade
Distribution Channels
- Hypermarkets/Supermarkets
- Convenience Stores
- Online Retail
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
Competitive Landscape
Key players competing in the global jam, jelly, and preserves market are B&G Foods, Inc.; The J.M. Smucker Company; F. Duerr & Sons Ltd; Andros Group; and Orkla ASA
Manufacturers have developed effective competitive tactics as a result of the high industrial profitability, increasing competition among the current market competitors. Major firms are focusing heavily on product innovation as a primary strategy for consolidating the market under consideration. Additionally, these organizations are expanding their research and development (R&D) spending in order to produce goods that meet customer wants, grow their presence, and retain their market position.
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