Candy Market Research Reports & Industry Analysis
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.
Candy Industry Research & Market Reports
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Vietnam Sugar Confectionery
... and non-essential. Therefore, sales are being supported by the availability of affordable sugar confectionery, with a wide range of discounts and special offers. Inbound tourism also helps to support sales, due to the popularity of ... Read More
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Hungary Chocolate Confectionery
... by the mounting costs of cocoa, sugar, and other essential ingredients. In addition, an increasing number of consumers are becoming more mindful of their sugar intake, due to its impact on oral and general health. ... Read More
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Denmark Chocolate Confectionery
... pandemic. While the majority of food categories are seeing price decreases or did so at the end of 2023-beginning of 2024, chocolate is not among them. Prices of chocolate’s raw material cocoa are growing significantly, ... Read More
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Denmark Gum
... Danish consumers, driven by a growing interest in health and wellness. Functional gum products, which offer benefits beyond breath freshening, such as added vitamins and minerals or ingredients that support dental health, stress relief and ... Read More
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Serbia Gum
... Bubble gum, however, continues to face falling volume sales due to the very limited availability of such products. Chewing gum is seeing stable growth thanks to its wide-ranging presence and expansive product assortment, the presence ... Read More
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Denmark Sugar Confectionery
... On a more positive note, pick ‘n’ mix continues to gain popularity. Towards the end of the review period, pick ‘n’ mix is seeing the fastest growth in consumption within sugar confectionery in Denmark. This ... Read More
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Latvia Sugar Confectionery
... products. Additionally, price hikes in recent years have further eroded the appeal of sugar confectionery. Euromonitor International's Sugar Confectionery in Latvia report offers in-depth knowledge of the market at a national level, providing local insight ... Read More
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Poland Gum
... optimistic trend is primarily attributed to the anticipated stabilisation of inflation rates, which has bolstered consumer confidence and purchasing power. As inflationary pressures ease, Polish consumers have increased spending on gum products, thereby driving overall ... Read More
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Vietnam Chocolate Confectionery
... raw ingredients such as cocoa and sugar are impacting chocolate confectionery. However, players are launching numerous promotions and discount offers in order to maintain a level of affordability for consumers while also supporting their sales. ... Read More
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Ecuador Chocolate Confectionery
... gifts and fill Christmas bags for children. Unfortunately, the surge in insecurity witnessed in late 2023 significantly impacted sales during this crucial period. People were hesitant to leave their homes, leading to a decline in ... Read More
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Bolivia Sugar Confectionery
... to be moderately stronger than in the previous year. This is mainly explained by the ongoing shortage of US dollars in the economy, which is driving up unit prices and making consumers more inclined to ... Read More
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Georgia Chocolate Confectionery
... to the expected shortage in cocoa. Consumption levels were stifled by higher prices, but the ongoing snackification trend and rising tourism levels are supporting demand in all categories. Discounting is proving to be an instrumental ... Read More
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Georgia Sugar Confectionery
... high unit prices, which is dampening demand to a degree. These types of sugary snacks are considered an affordable treat both for youngsters and adults in Georgia. Pastilles, gummies, jellies and chews, and toffees, caramels ... Read More
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Tunisia Chocolate Confectionery
... attributed to various factors. Amid high inflation, manufacturers are dealing with rising sugar prices, increased global cocoa prices and escalating production and transportation costs. Consequently, Tunisian consumers are becoming increasingly price-sensitive, leading to only moderate ... Read More
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North Macedonia Sugar Confectionery
... sugar and sugary foods overall, with the image of sugar confectionery becoming tainted in this regard. Additionally, negative demographic trends are constricting the potential consumer base which means that there are fewer consumers who could ... Read More
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Vietnam Gum
... being affected due to the fact it is classed as a non-essential product, while budget-conscious consumers focus their spending on essentials or more indulgent treats in snacks. Euromonitor International's Gum in Vietnam report offers in-depth ... Read More
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Poland Sugar Confectionery
... down by a weak retail performance. Euromonitor International's Sugar Confectionery in Poland report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest ... Read More
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Latvia Gum
... in overall value. Consumers remain price-conscious, and manufacturers are navigating a delicate balance between maintaining margins and keeping gum an affordable treat. Euromonitor International's Gum in Latvia report offers in-depth knowledge of the market at ... Read More
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Bolivia Chocolate Confectionery
... rising import and production costs caused by a severe shortage of US dollars in the economy. Resultant inflationary pressures and mounting fears the balance of payments crisis will lead to a sharp devaluation of the ... Read More
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Georgia Gum
... (Mars Inc) faced supply issues resulting in sales decline across its major brands as well as its Wrigley portfolio. Promotional activities such as discounts and merchandising strategies will drive sales in 2024, alongside novelties from ... Read More
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Kenya Chocolate Confectionery
... in stagnant sales volume growth within the category. Euromonitor International's Chocolate Confectionery in Kenya report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to ... Read More
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Costa Rica Chocolate Confectionery
... picture bolsters growth. Chocolate confectionery seen as an affordable indulgence for most Costa Ricans. Increasing tourist numbers is also expected to support growth, including for local premium offerings. Euromonitor International's Chocolate Confectionery in Costa Rica ... Read More
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Costa Rica Sugar Confectionery
... chocolate confectionery. As such, players look to bolster volume sales by offering regular promotions. Increasingly players also offer larger volume value packs, which are often used for children’s birthday parties. Supermarket chains such as PriceSmart ... Read More
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Tunisia Sugar Confectionery
... to inflation and rises in sugar prices, which is imported by the government for use in local confectionery manufacturing. Despite price hikes, sugar confectionery is set to maintain moderate retail volume growth over 2024, only ... Read More
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North Macedonia Gum
... bad environmental reputation in terms of disposability, and this is a challenge for manufacturers. Gum is typically consumed by children, teenagers and younger consumers, especially Gen Z and Millennials, but even younger generations tend to ... Read More
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