The evolution of gummy bears - The Hustle - Deepstash
The evolution of gummy bears - The Hustle

The evolution of gummy bears - The Hustle

Curated from: thehustle.co

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Inventing The Gummy Bears

Inventing The Gummy Bears

They were invented in Germany in 1922 by Hans Riegel, the founder of Haribo. It took ~60 years for gummy bears to take off in the US, but once they did, competition arose quickly:

  • Jelly Belly introduced the 1st American-made gummy bear in 1981.
  • Haribo opened its 1st distribution center in the US in 1982.
  • Albanese released its own gummy bears in 1983.

In time, rival candy companies invented other gummies options, like Trolli’s sour gummy worms and Mondelez’s Sour Patch Kids.

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Giving A New Purpose To The Gummies

In 1997, Hero Nutritionals introduced the Yummi Bear, the 1st gummy vitamin. The invention kicked off a booming market that’s still thriving.

This showed that gummies can be used to deliver more than just a sugar high, leading to a wide range of products, including:

  • Gummy supplements, from caffeine to fish oil
  • Sleep gummies, usually featuring melatonin and other ingredients
  • Weed gummies, including both CBD and THC varieties.

Estimates peg the global CBD gummy market as high as ~$14B by 2028. Add that to the global market for gummy and jelly candy, which is estimated to reach $40B by 2024.

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