Confectionery market is segmented on the basis of type and region. Based on type, the market is categorized into sugar, chocolate, fine bakery wares, and others. In terms of sugar confectionery, the market is divided into hard-boiled sweets, caramel & toffees, gums & jellies, medicated confectionery, mints, and others. Chocolate confectionery is subsegmented into white, milk, and dark chocolate. Geographically,
Wide range of confectionery products are vended through various retail channels such as hypermarkets, supermarkets, convenience stores, discounters, forecourt retailers, and grocery stores. These stores act as global marketing tool, which assists in building an impressive premium image and increase brand exposure of wide variety of confectionery products.
Primary raw materials utilized in confectionery production are cocoa and sugar. Cocoa prices are volatile and can be influenced by a series of factors, including extreme weather, political instability, and pests & disease. In addition, rise in supply demand gap in chocolate industry has accelerated the prices of cocoa beans. Sugar prices increased due to less production and more demand.
The global Confectioneries/Sweets market is valued at 1970 million US$ in 2020 and will reach 2560 million US$ by the end of 2026, growing at a CAGR of 3.4% during 2021-2026. The objectives of this study are to define, segment, and project the size of the Confectioneries/Sweets market based on company, product type, end user and key regions.
This report studies the global market size of Confectioneries/Sweets in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Confectioneries/Sweets in these regions.
This research report categorizes the global Confectioneries/Sweets market by top players/brands, region, type and end user. This report also studies the global Confectioneries/Sweets market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
This report covers the present status and the future prospects of the global Confectioneries/Sweets market for 2015-2026.
The report offers detailed coverage of Confectioneries/Sweets industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Confectioneries/Sweets by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Sugar, Chocolate, Fine bakery wares, Others,
Market Segment as follows:
Market by Order Type
Sugar
Chocolate
Fine bakery wares
Others
Market size by End User
Adult
Child
market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Confectioneries/Sweets market for the forecast period 2021 - 2026?
• What are the driving forces in the Confectioneries/Sweets market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Confectioneries/Sweets industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.