Confectionery is related to food products that comprise high sugar content such as chocolates, caramel, sweets, gums, candies, cookies, and marshmallows. These products are used to reduce stress, alleviate boredom, and to satisfy cravings.
Introduction of new products with innovative flavors & healthy ingredients, growth in retail market, and increase in gifting trend drive the market growth. Asia-Pacific is anticipated to register significant growth in the market, owing to rise in disposable income and increase in population in emerging countries such as China and India. In addition, introduction of low-priced, smaller versions of established confectionery chocolate brands by key players has supplemented the market growth However, rise in demand for sugar-free products on account of increase in instances of diabetes and growth in health concerns are anticipated to restrain market growth.
The report categorizes the global sugar confectionery market by product type into hard-boiled sweets, caramels & toffees, gums & jellies medicated confectionery, mints, and others (marshmallows, nougat, lollipops, and liquorice). Further, based on geography, the market is classified into North America, Europe, Asia-Pacific, and LAMEA.
Major players operating in this market include the following:
Nestle SA
Chupa Chups SA.
Cadbury PLC,
Kraft Foods Inc.
Ferrero SpA.
The Hershey Company
Perfetti Van Melle S.P.A.
HARIBO Dunhills (Pontefract) PLC,
Lotte Confectionery Co Ltd
WM Wrigley JR Company
Lindt & Sprungli
KEY BENEFITS FOR STAKEHOLDERS
This report provides a quantitative analysis of the current trends and estimations from 2014 to 2022 of sugar confectionery market, which assist to identify the prevailing opportunities.
Major countries in each region are mapped according to individual market revenue.
This study evaluates the competitive landscape to understand the competitive environment globally.
Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
Microlevel analysis is conducted based on type and region.
Key players and their significant developments in recent years are listed.
KEY MARKET SEGMENTS
By Product Type
Hard-Boiled Sweets
Caramel & Toffees
Gums & Jellies
Medicated Confectionery
Mints
Others (Marshmallows, Nougat, Lollipops, and Liquorice)
By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
Italy
France
Spain
Rest of Europe
Asia-Pacific
India
China
Japan
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Argentina
Turkey
Venezuela
Rest of LAMEA
KEY PLAYERS
Adams and Brooks Candy
Jelly Belly Candy
AS Kalev
Mapro Industries Ltd.
Barambo Ltd.
Roshen Kondyterska Korporatsia
GBO Mendelez International
Croatian company Kra? dd
(Companies mentioned above are not profiled in the report, but can be profiled upon client request.)
