The Global Confectionery Market size was valued at USD 2,12,429.73 Million in 2023 and is projected to reach USD 2,83,327.89 Million by 2030, growing at a CAGR of 4.20% from 2023 to 2030.
The confectionery market is the art of making confections, which are food items that are rich in sugar. Confectionery products are most commonly consumed as snacks between meals or as a quick satisfaction. Chocolates, candies, and gum are popular choices for snacking due to convenience and a wide range of flavors and textures. Confectionery items are frequently purchased on impulse, often at checkout counters in supermarkets, convenience stores, and other retail outlets. Eye-catching packaging, appealing displays, and promotional offers encourage consumers to make spontaneous purchases. Confectionery ingredients such as chocolate chips, cocoa powder, sprinkles, and decorations are used in various dessert preparations and baking recipes.
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Top Key Players Covered In Global Confectionery Market:
Mars, Incorporated (US), Mondelez International, Inc. (US), Nestlé S.A. (Switzerland), The Hershey Company (US), Ferrero Group (Italy), Lindt & Sprüngli AG (Switzerland), Meiji Holdings Co., Ltd. (Japan), Cadbury PLC (United Kingdom), Perfetti Van Melle (Italy/Netherlands), Lotte Confectionery Co., Ltd. (South Korea), Ezaki Glico Co., Ltd. (Japan), Haribo GmbH & Co. KG (Germany
Updated Version 2023 is available our Sample Report May Includes the:
- Scope For 2023
- Brief Introduction to the research report.
- Table of Contents (Scope covered as a part of the study)
- Top players in the market
- Research framework (structure of the report)
- Research methodology adopted by Worldwide Market Reports
The latest research on the Confectionery Market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Avocado Puree industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Confectionery Market Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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Segmentation of Confectionery Market :
By Type
- Mints
- Gums
- Jellies
- Chocolate
- Others
By Age Group
- Children
- Adult
- Geriatric
By Distribution Channel
- Supermarket/Hypermarket
- Convenience Stores
- Pharmaceutical & Drug Stores
- Online
By Region
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of SA)
The confectionery market is marked by its immense diversity, offering a wide range of sweet treats that cater to various consumer preferences. This global industry spans chocolates, candies, gums, and other confectionery items, making it a staple in many cultures worldwide. Seasonal variations significantly impact sales, with spikes during holidays like Halloween and Christmas. Consumer preferences, shaped by trends such as demand for premium ingredients and reduced sugar content, drive innovation and product development.
Reasons to Purchase this Market Report:
- Market forecast analysis through recent trends and SWOT analysis
- Confectionery Market Dynamics Scenarios with Market Growth Opportunities over the Next Year
- Market segmentation analysis, including qualitative and quantitative studies that include economic and non-economic impacts
- Confectionery Market Regional and country-level analysis that integrates demand and supply forces that impact the growth of the market.
- Competitive environment related to the Confectionery Market share for key players, along with new projects and strategies that players have adopted over the past five years
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