Global Jimmies Market Size, Trends, and Growth Opportunity By colourant (natural or artificial), By application (cereals and snack bars, ice cream and frozen desserts, chocolate and confectionery products, cakes and pastries, other bakery applications), By end-user (food manufacturers, foodservice industry, home bakers), by sales channel (supermarkets and hypermarkets, e-commerce, specialty stores), by packaging type (jars, pouches, others), by region, and forecast until 2027.
Global Jimmies Market
The global Jimmies market was valued at USD 1.55 billion in 2021 and is slated to reach USD 2.56 billion by 2027, at a CAGR of 6.95 percent from 2022 to 2027.
Jimmies are little sweets that are added to ice cream, brownies, cupcakes, doughnuts, and other baked goods to improve their flavour, texture, and taste. Jimmies are produced in a range of hues and flavours, and they can also be used as ornamental toppers on such goods. Jimmies were initially created from premium chocolates that had a crunchier texture and a stronger chocolate flavour. Sprinkles and jimmies are both commonly used interchangeably in the northeastern United States.
Market Drivers
Consumer tastes and preferences were influenced globally by the countries' rapid integration and interconnection. The increased use and spread of social media platforms have also significantly influenced the viewing public's behaviour and preferences. Jimmies and other sugar decorations are now more widely available as a result of the growing demand for value-added goods. The demand for and supply of jimmies will also be indirectly supported by rising demands for personalised culinary products. One of the key aspects influencing how the Jimmy's sector is changing is the development of online retail. A growing number of major distribution channels for products is a good sign for the market. Convenience stores, specialty stores, supermarkets, drugstores, and hypermarkets are examples of major product distribution channels. Jimmies are now simpler to find thanks to ongoing efforts by producers, merchants, and distributors to lengthen their supply and distribution networks.
The development of low-calorie products and rising demand from different economies would create more opportunities for the jimmies market to grow throughout the forecast period. The global market for jimmies is also growing since they are used increasingly regularly to make a variety of beverages, decorations, and other items, such as cakes, milkshakes, croissants, and hot sugar. Thus, demand will be immediately affected by product innovations.
Market Restraints
People are switching to sugar-free alternatives due to greater health consciousness among the population and increased understanding of the negative effects of consuming excess sugar. The market's expansion will be hampered by this. Quick access to product alternatives through both online and offline distribution channels will pose a threat to the market's growth rate.
Impact of COVID-19
The COVID-19 crisis significantly affected the market and changed customers' buying patterns. The pandemic's wrath led to the closure of the production facilities, which decreased the supply. After the epidemic, consumers have grown more health-conscious, which has decreased demand for jimmies and other sugary treats. But this does not imply that the market will falter. The expanding tendency of online ordering and the amount of demand coming from developing nations will accelerate supply and demand.
Market Segmentation
The global Jimmies market is segmented into colourantt, application, end-user, sales channel, and packaging type. By colourant such as natural or artificial. By application, such as cereals and snack bars, ice cream and frozen desserts, chocolate and confectionery products, cakes and pastries, and other bakery applications. End-Users include food manufacturers, the foodservice industry, and home bakers.By sales channels such as supermarkets and hypermarkets, e-commerce, and specialty stores. By packaging type, such as jars, pouches, or others,
Regional Analysis
The global Jimmies market is segmented into five regions: the Americas, Europe, Asia-Pacific, and the Middle East and Africa. North America dominates the market. This is due to both an increase in consumer demand from the food processing sector and an increase in consumer awareness of additives and decorations. Rising demand for baked goods and value-added products, as well as increased demand for decorations and inclusions from the confectionery industry, are driving market expansion in this region. Asia-Pacific is predicted to expand at the highest CAGR throughout the forecast period, nevertheless, due to the expansion of global cuisine and flavour options as well as rising bakery product consumption. The demand for items with value-added is what is fueling the growth of the jimmies industry in this area.
Key Players
This report includes a list of numerous key players, namely Mars, Incorporated (U.S.), Kerry Group plc (Ireland), Blommer Chocolate Company (U.S.), Foley’s Candies LP (Canada), Puratos (Belgium), Ferrero (Italy), Twinkle Sprinkles (Australia), Gunthart (Germany), The American Sprinkle Company (U.S.), and Dr. August Oetker Nahrungsmittel KG (Germany).
Market Taxonomy
By Colourant
• Natural
• Artificial
By Application
• Cereals and Snack Bars
• Ice Cream and Frozen Desserts
• Chocolate and Confectionery Products
• Cakes and pastries
• Other Bakery Applications
• By End-user
• Food Manufacturers
• Foodservice Industry
• Home Bakers
By Sales Channel
• Supermarkets and hypermarkets
• E-Commerce
• Specialty Stores
By Packaging Type
• Jars
• Pouches
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa
Global Jimmies Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Jimmies Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Jimmies Market, By Colorant
5.1 Y-o-Y Growth Comparison, By Colorant
5.2 Global Jimmies Market Share Analysis, By Colorant
5.3 Global Jimmies Market Size and Forecast, By Colorant
5.3.1 Natural
5.3.2 Artificial
6 Global Jimmies Market, By Sales Channel
6.1 Y-o-Y Growth Comparison, By Sales Channel
6.2 Global Jimmies Market Share Analysis, By Sales Channel
6.3 Global Jimmies Market Size and Forecast, By Sales Channel
6.3.1 Supermarkets and Hypermarkets
6.3.2 E-Commerce
6.3.3 Specialty Stores
7 Global Jimmies Market, By Packaging Type
7.1 Y-o-Y Growth Comparison, By Packaging Type
7.2 Global Jimmies Market Share Analysis, By Packaging Type
7.3 Global Jimmies Market Size and Forecast, By Packaging Type
7.3.1 Jars
7.3.2 Pouches
7.3.3 Others
8 Global Jimmies Market, By Application
8.1 Y-o-Y Growth Comparison, By Application
8.2 Global Jimmies Market Share Analysis, By Application
8.3 Global Jimmies Market Size and Forecast, By Application
8.3.1 Cereals and Snack Bars
8.3.2 Ice-Cream and Frozen Desserts
8.3.3 Chocolate and Confectionery Products
8.3.4 Cakes and Pastries
8.3.5 Other Bakery Applications
8.3.6 By End-user
8.3.7 Food Manufacturers
8.3.8 Foodservice Industry
8.3.9 Home Bakers
9 Global Jimmies Market, By Region
9.1 Global Jimmies Market Share Analysis, By Region
9.2 Global Jimmies Market Share Analysis, By Region
9.3 Global Jimmies Market Size and Forecast, By Region
10 North America Jimmies Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 North America Jimmies Market Share Analysis, By Colorant
10.3North America Jimmies Market Share Analysis, By Sales Channel
10.4 North America Jimmies Market Share Analysis, By Packaging Type
10.5 North America Jimmies Market Share Analysis, By Application
10.6 North America Jimmies Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Jimmies Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Europe Jimmies Market Share Analysis, By Colorant
11.3 Europe Jimmies Market Share Analysis, By Sales Channel
11.4 Europe Jimmies Market Share Analysis, By Packaging Type
11.5 Europe Jimmies Market Share Analysis, By Application
11.6 Europe Jimmies Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4. Rest of Europe
12 Asia Pacific Jimmies Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Asia Pacific Jimmies Market Share Analysis, By Colorant
12.3 Asia Pacific Jimmies Market Share Analysis, By Sales Channel
12.4 Asia Pacific Jimmies Market Share Analysis, By Packaging Type
12.5 Asia Pacific Jimmies Market Share Analysis, By Application
12.6 Asia Pacific Jimmies Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13 Latin America Jimmies Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Latin America Jimmies Market Share Analysis, By Colorant
13.3 Latin America Jimmies Market Share Analysis, By Sales Channel
13.4 Latin America Jimmies Market Share Analysis, By Packaging Type
13.5 Latin America Jimmies Market Share Analysis, By Application
13.6 Latin America Jimmies Market Size and Forecast, Country
13.6.1. Brazil
13.6.2. Rest of Latin America
14 Middle East Jimmies Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Middle East Jimmies Market Share Analysis, By Colorant
14.3 Middle East Jimmies Market Size and Forecast, By Sales Channel
14.4 Middle East Jimmies Market Size and Forecast, By Packaging Type
14.5 Middle East Jimmies Market Size and Forecast, By Application
14.6 Middle East Jimmies Market Size and Forecast, By Country
14.6.1. Saudi Arabia
14.6.2. UAE
14.6.3. Egypt
14.6.4. Kuwait
14.6.5. South Africa
15 Competitive Analysis
12.1 Competition Dashboard
12.2 Market share Analysis of Top Vendors
12.3 Key Development Strategies
16 Company Profiles
16.1 Mars, Incorporated (U.S.)
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Kerry Group plc. (Ireland)
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Blommer Chocolate Company (U.S.)
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Foley’s Candies LP (Canada)
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Puratos (Belgium)
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Ferrero (Italy)
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Twinkle Sprinkles (Australia)
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Gunthart (Germany)
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 The American Sprinkle Company (U.S.)
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Dr. August Oetker Nahrungsmittel KG (Germany).
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
