Candy Market, by Product Type (Chocolate Candy and Non Chocolate Candy), by Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Specialty Stores, Online Retail, and Others), and by Region (North America, Latin America, Asia Pacific, Europe,

Candy Market, by Product Type (Chocolate Candy and Non Chocolate Candy), by Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Specialty Stores, Online Retail, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Candy market has been estimated to grow significantly in the coming years owing to not only its popularity among the children but also amongst the adults and its applications in various deserts such as ice cream sundaes. Apart from this, the attractive packaging of the candies has also played a vital role in the rise and expansion of the candy market all over the globe. Apart from this, the recommendation of the doctors to maintain the sugar levels among the diabetic patients has also known to contribute to the increasing demand for the candy market all over the globe.
Based on product type, the chocolate candy segment held the largest share in the global candy market in 2021. Apart from its rising demand from the millennial population, chocolate candy has also been gaining high demand due to new product launches such as low-calorie and fat-free chocolate candies. For instance in January 2021, Chocolette Confectionary LLC announced the launch of its “guilt free” Red Delight chocolate collection in the US having the world’s lowest calorie chocolates of only 16 calories per piece.
Moreover, regional as well as local candy market manufacturers have been focusing on various growth strategies, including collaborations and merges & acquisitions, with major players globally to strengthen their market position. For instance, in July 2018, Arcor, an Argentina-based food company specializing in confectionery, formed a US$ 45 million joint venture with Webcor Group, a Switzerland-based provider of agricultural commodities and fast-moving consumer goods.
Key features of the study:
This report provides in-depth analysis of candy market, and provides market size (US$ Million and Tons) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, trends, and regional outlook
It profiles key players in the global candy market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include August Stork, Candy Me, CartoonCandy, Cloetta Ab, DeMet, Ferrero Group, Ferrara Candy Company, Grupo Arcor, Haribo GmbH & Co. KG, Mars, Incorporated, Mondelez International, Inc., Naeemfoods, Perfetti Van Melle, Purebred Confectionery, Rock Candy, and The Hershey Company
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
The global candy market report caters to various stakeholders in this industry including investors, suppliers, candy manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global candy market
Detailed Segmentation:
Global Candy Market, By Product Type:
Chocolate Candy
Chocolate Bars
Others
Non-Chocolate Candy
Hard Boiled Candies
Lollipops
Others
Pastilles, Gums, Jellies and Chews
Toffees, Caramels and Nougat
Mints
Others
Global Candy Market, By Distribution Channel:
Supermarkets & Hypermarkets
Convenience Stores
Specialist Retailers
Online Retail
Others
Global Candy Market, By Region:
North America
By Product Type:
Chocolate Candy
Chocolate Bars
Others
Non-Chocolate Candy
Hard Boiled Candies
Lollipops
Others
Pastilles, Gums, Jellies and Chews
Toffees, Caramels and Nougat
Mints
Others
By Distribution Channel:
Supermarkets & Hypermarkets
Convenience Stores
Specialist Retailers
Online Retail
Others
U.S.
Canada
Europe
By Product Type:
Chocolate Candy
Chocolate Bars
Others
Non-Chocolate Candy
Hard Boiled Candies
Lollipops
Others
Pastilles, Gums, Jellies and Chews
Toffees, Caramels and Nougat
Mints
Others
By Distribution Channel:
Supermarkets & Hypermarkets
Convenience Stores
Specialist Retailers
Online Retail
Others
U.K
Italy
France
Germany
Spain
Russia
Rest of Europe
Asia Pacific
By Product Type:
Chocolate Candy
Chocolate Bars
Others
Non-Chocolate Candy
Hard Boiled Candies
Lollipops
Others
Pastilles, Gums, Jellies and Chews
Toffees, Caramels and Nougat
Mints
Others
By Distribution Channel:
Supermarkets & Hypermarkets
Convenience Stores
Specialist Retailers
Online Retail
Others
China
India
Japan
ASEAN
Australia
South Korea
Latin America
By Product Type:
Chocolate Candy
Chocolate Bars
Others
Non-Chocolate Candy
Hard Boiled Candies
Lollipops
Others
Pastilles, Gums, Jellies and Chews
Toffees, Caramels and Nougat
Mints
Others
By Distribution Channel:
Supermarkets & Hypermarkets
Convenience Stores
Specialist Retailers
Online Retail
Others
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
By Product Type:
Chocolate Candy
Chocolate Bars
Others
Non-Chocolate Candy
Hard Boiled Candies
Lollipops
Others
Pastilles, Gums, Jellies and Chews
Toffees, Caramels and Nougat
Mints
Others
By Distribution Channel:
Supermarkets & Hypermarkets
Convenience Stores
Specialist Retailers
Online Retail
Others
Middle East
Africa
Company Profiles
August Stork *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Candy Me
CartoonCandy
Cloetta Ab
DeMet
Ferrero Group
Ferrara Candy Company
Grupo Arcor
Haribo GmbH & Co. KG
Mars, Incorporated
Mondelez International, Inc.
Naeemfoods
Perfetti Van Melle
Purebred Confectionery
Rock Candy
The Hershey Company
“*” marked represents similar segmentation in other categories in the respective section.