The invention discloses konjak jelly and a processing method thereof. The konjak jelly comprises the following ingredients in parts by weight: 14-17 parts of high fructose corn syrup, 5-10 parts of concentrated juice, 1-3 parts of white granulated sugar, 3-5 parts of konjak powder, 0.2-0.45 part of tara gum, 0.1-0.5 part of locust bean gum, 0.3-0.6 part of carrageen gum, 0.05-0.2 part of xanthan gum, 0.1-0.3 part of pectin, 0.2-0.5 part of maltodextrin, 0.6-3 parts of citric acid monohydrate, 0.3-0.6 part of sodium citrate, 0.06-0.15 part of potassium chloride, 0.2-0.3 part of food flavour, and proper amount of water. The jelly disclosed by the invention is mainly made of konjak powder combined with vegetable gums including tara gum, locust bean gum, carrageen gum, and xanthan gum as main gel raw material, gelatin made from animal substance raw material, which is susceptible to food problem, is avoided, and the product is rich in nutrition, low in sugar content, soft and elastic, and has a wide market prospect.