Candy Market Research Reports & Industry Analysis

Candy is normally defined as a sweet created from sugar and normally mixed together with other ingredients, like dairy products, chocolate, fruit, or nuts. The term “candy” comes from an Arabic word, qandi, meaning “made of sugar”.

The U.S. Commerce Department has divided candy into two different standard categories for products: non-chocolate and chocolate. Each of the two categories is then broken down into various product types and sectors. Product typing bases off of the product’s mixture of ingredients, texture, and also the comprehensive manufacturing processes. The classification applied throughout the candy industry is loosely based off of the definitions determined by the Commerce Department, even though they can be generally much more broad.

Chocolate products always have either actual chocolate as an ingredient or a chocolate mixture that applies substitutes for certain chocolate components. Generally, butter made from milk or vegetable shortening is used to replace the more luxurious and expensive product that is cocoa butter. The chocolate category also encompasses final products like chocolate candy with infusions, panned chocolate candies, or molded chocolate candies.

Non-chocolate products are defined through the government as the entire confectionery products that do not have actual chocolate or a chocolate compound as an ingredient in the mixture. The non-chocolate category encompasses candies like hard candies, jelly beans, marshmallows, and licorice.

Candy production is mainly a seasonal business, with the majority of those involved in the market normally doubling their staffs during the winter months. Until very recently, candies made for a specific occasion or holiday – candy canes for Christmas or like in Easter with chocolate eggs, for example –were the bread and butter of specialty manufacturers. Recently, though, the major players and manufacturers have shifted into the seasonal business with specific packages for those special, important events.

Customers have turned into very health-conscious eaters and prioritize the reduction of intake in sugar, other potentially harmful ingredients, and fat. Candy manufacturers have responded by creating a wide range of sugar-free candies that, because of technological innovations in sweetening products, still provide customers the sweetness they desire. Marketers also keep looking for tasteful substitutes for the saturated fat in chocolate.

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Candy Industry Research & Market Reports

  • Global Confectionery and Chocolate Equipment Market 2023 by Company, Regions, Type and Application, Forecast to 2029

    ... USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The Global Info Research report includes an overview of the development ... Read More

  • Global Confectionery and Chocolate Equipment Supply, Demand and Key Producers, 2023-2029

    ... during the forecast period (2023-2029). This report studies the global Confectionery and Chocolate Equipment demand, key companies, and key regions. This report is a detailed and comprehensive analysis of the world market for Confectionery and ... Read More

  • Gum in Kenya

    ... mainly consumed by children, and the latter by adults. Despite the rising population, more dynamic volume growth continues to be hampered by the large informal market, which remains a strong competitor for formal retailing when ... Read More

  • Sugar Confectionery in Kenya

    ... been rising. For instance, reduced local production of sugar cane, declining imports, and global shortages have been driving up the prices of sugar, making it more expensive to produce products such as sugar confectionery. Higher ... Read More

  • Gum in Nigeria

    ... unit prices, catalysed by persistent inflationary pressures in the economy that have diminished consumers' purchasing power and compelled them to focus on essential items. Euromonitor International's Gum in Nigeria report offers in-depth knowledge of the ... Read More

  • Gum in Portugal

    ... on-the-go consumption, with many consumers eventually abandoning the habit of using gum. Nevertheless, these declines have since started to recover, due to the return of impulse purchases as society reopened, with consumers once again returning ... Read More

  • Gum in Switzerland

    ... checkouts. Due to gum being an impulse and on-the-go purchase, the optimum shelf space to display gum is often by the checkout. As such, the growing use of self-scan checkouts cannibalises the best shelf space ... Read More

  • Sugar Confectionery in Nigeria

    ... at a substantially more tempered pace. The main factors behind the decline in volume during 2022 were inflationary conditions and steep unit price increases. Although economic conditions have seen some improvement in 2023, they remain ... Read More

  • Sugar Confectionery in Switzerland

    ... variants and flavours and textures, allowing products to remain diverse. Despite this, the health and wellness trend remains an ongoing challenge for the landscape, while the outbreak of COVID-19 has bolstered this trend. As such, ... Read More

  • Sugar Confectionery in Portugal

    ... by increases in unit prices. However, overall, sugar confectionery is not a particularly popular snacks category in Portugal and, with low consumer spending power, this is an area which is taking a hit. Euromonitor International's ... Read More

  • 2023 Global: Liquor Confectionery Market - Innovative Markets Forecast (2029) report

    ... 2018 through 2029. Perry/Hope Partners' reports provide the most accurate industry forecasts based on our proprietary economic models. Our forecasts project the product market size nationally and by regions for 2018 to 2029 using regression ... Read More

  • 2023 Global: Licorice Candy Market - Innovative Markets Forecast (2029) report

    ... 2018 through 2029. Perry/Hope Partners' reports provide the most accurate industry forecasts based on our proprietary economic models. Our forecasts project the product market size nationally and by regions for 2018 to 2029 using regression ... Read More

  • Candy Market

    ... and Asia Pacific)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030 Candy, also referred to as confectionery, is a type of sweet food that is primarily composed of sugar. It is available in various ... Read More

  • Sugar Confectionery in Uzbekistan

    ... slow expansion in 2022, and even stronger growth is expected in 2023 due to increasing consumer purchasing power and a lack of maturity. Despite continued strong average unit price growth, which is set to drive ... Read More

  • Gum in Uzbekistan

    ... to return. Although volume sales are set to rise, current value growth is expected to be far higher, in the double digits, due to strong price increases as a result of inflation. Despite the inflationary ... Read More

  • Global Plant-Based Vegan Confectionery Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

    ... million in 2022 and is forecast to a readjusted size of USD 5131.8 million by 2029 with a CAGR of 4.6% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while ... Read More

  • Lactose-Free Products Market by Type (Milk, Plain, Flavored, Yogurt, Set, Other milk types, Drinking/ Ambient, Regular, Other yogurt types, Probiotic, Cheese, Hard, Cheddar, Cottage, Soft, Other cheese types, Confectionery products, Ice cream and Other types), Form (Lactose-free, No added sugar products/ reduced sugar claims and Reduced Lactose Products), Category (Organic and Inorganic) and Geography (North America, Europe, APAC and RoW)-Forecast up to 2028

    ... Form (Lactose-free, No added sugar products/ reduced sugar claims and Reduced Lactose Products), Category (Organic and Inorganic) and Geography (North America, Europe, APAC and RoW)-Forecast up to 2028 Lactose is the main source of energy ... Read More

  • Gum in South Africa

    ... driven by price rises, value-added options, and flavour innovation. New launches have focused on fruit and mint flavours in two main pack sizes to accommodate consumers with varying budgets. As they are considered the consumers ... Read More

  • Sugar Confectionery in Germany

    ... from school, dampened overall retail demand in 2020, followed by marginal improvements in 2021 and 2022. However, retail volume sales in 2023 are marginally declining to reach close to pre-pandemic levels. On the other hand, ... Read More

  • Gum in Uruguay

    ... in 2022, with positive growth also expected for 2023, although sales will still remain below pre-pandemic levels. Sales are now being driven by chewing gum with the return of workers to the office, with chewing ... Read More

  • Global Plant-Based Vegan Confectionery Supply, Demand and Key Producers, 2023-2029

    ... the forecast period (2023-2029). This report studies the global Plant-Based Vegan Confectionery production, demand, key manufacturers, and key regions. This report is a detailed and comprehensive analysis of the world market for Plant-Based Vegan Confectionery, ... Read More

  • Gum in Germany

    ... taste and chewing experience, the product is also perceived as effective in freshening breath. However, there were fewer spontaneous purchases in 2020 and 2021 due to reduced mobility of the local population and fewer social ... Read More

  • Sugar Confectionery in Uruguay

    ... quarantine was not enforced during the pandemic, most people stayed at home when COVID-19 cases were peaking so that social occasions such as birthdays were cancelled. With people returning to normality, this is boosting demand, ... Read More

  • Sugar Confectionery in South Africa

    ... to see double-digit growth in unit prices as a result of rising production costs, such as added overhead costs for back-up power generation, and rising prices of raw materials. In 2020, the government signed the ... Read More

  • Sugar Confectionery in Morocco

    ... often give sweets instead of change to customers, if the amount owed is minimal. However, volume growth slowed in 2023, due to a combination of the uncertain economic climate and rising health awareness. With inflation ... Read More

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