Confectionery Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	150 Pages	Fortune Business Insights Pvt. Ltd.	September, 2024	FOB19185507

Best Price Guarantee
Price	from $4,850
Length	150 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	September, 2024
SKU	FOB19185507

Confectionery Market

Growth Factors of Confectionery Market

The global confectionery market size was valued at USD 206.97 billion in 2023 and is projected to grow from USD 213.74 billion in 2024 to USD 278.36 billion by 2032, exhibiting a CAGR of 3.36% during the forecast period of 2024-2032.

The pandemic has shifted the confectionery marketplace, and the demand for confectionery products depends on some stages of lockdowns that affect the delivery chains. Other factors influencing client behaviour and market trends also hindered the confectionery market growth, including increased purchasing of goods online and a change to healthier food products.

The confectionery marketplace flourishes due to rising consumer demand for indulgent treats, top-class merchandise, and innovative flavours. Increased disposable earnings and increasing distribution channels, including online sales, also drive a boom. A shift toward healthier alternatives, such as low-sugar and natural selections, also supports market enlargement.

The confectionery marketplace is witnessing a developing fashion towards easy labels and natural components. Consumers are increasingly aware of the elements utilised in the goods they devour. They are searching for confectionery items made with herbal and recognisable ingredients, expanding the confectionery market share globally. This shift in client options has induced many confectionery producers to adopt smooth-label projects, focusing on natural flavours, shades, and preservatives. Through operating on heightened degrees of transparency and authenticity, those manufacturers stand out in the marketplace and meet the needs of their customer base with particular regard to the latter’s healthy lifestyle preferences.

Comprehensive Analysis of Confectionery Market

The confectionery market is segmented by way of kind and distribution channels. By type, chocolate confectionery leads globally because of its popularity in advanced areas like North America and Europe and its growing attractiveness in developing economies driven by growing disposable earnings. Sugar and gum confectioneries also keep a large proportion, fueled by innovation in candy merchandise and increasing market presence. In phrases of distribution channels, supermarkets and hypermarkets dominate because of the number one sales structures, supplying comfort and a vast range of products, which enhances patron shopping. Additionally, manufacturers are expanding into convenience stores and online systems to cater to various client wishes and possibilities.

The Europe region led the confectionery market by benefitting a size of USD 79.44 billion in 2023 due to their heightened flavour possibilities and more excellent permissive eating conduct; clients are increasingly searching for awesome and top-rate goodies over sugar confectionery merchandise.

The leading players in the confectionery market significantly shape its growth trajectory and set industry standards. These key players, including Barry Callebaut (Zürich, Switzerland), Ferrero SpA (Alba, Italy), Nestle S.A. (Vevey, Switzerland), Mondelez International, Inc. (Illinois, U.S.), Meiji Holdings Co., Ltd. (Tokyo, Japan), The Hershey Company (Pennsylvania, U.S.), Chocoladefabriken Lindt & Sprungli AG (Zürich, Switzerland), Ezaki Glico Co., Ltd. (Osaka, Japan), HARIBO GmbH & Co. KG (Bonn, Germany), and Pladis Global (London, U.K.), contribute to a competitive landscape, driving innovation and market advancement.

In March 2023, ERF Northern America, a premier chocolate manufacturer in the U. S., released new and seasonal product lines, including the Kinder Chocolate, at the Sweets & Snacks Expo in Chicago.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate 3.36%

Unit Value (USD Billion)

Segmentation By Type

- Chocolate

- Sugar

- Gums

By Distribution Channel

- Supermarkets/Hypermarkets

- Convenience Stores

- Departmental Stores

- Online Retail

Geography

- North America (By Type, Distribution Channel, and By Country)

The U.S. (By Type)
Canada (By Type)
Mexico (By Type)

- Europe (By Type, Distribution Channel, and By Country)

U.K. (By Type)
France (By Type)
Germany (By Type)
Spain (By Type)
Italy (By Type)
Rest of Europe (By Type)

- Asia Pacific (By Type, Distribution Channel, and By Country)

China (By Type)
India (By Type)
Japan (By Type)
Australia (By Type)
Rest of Asia Pacific (By Type)

- South America (By Type, Distribution Channel, and By Country)

Brazil (By Type)
Argentina (By Type)
Rest of South America (By Type)

- The Middle East and Africa (By Type, Distribution Channel, and By Country)

South Africa (By Type)
UAE (By Type)
Rest of ME&A (By Type)

Please Note:

1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities; 3.4. Emerging Trends
4. Key Insights: 4.1. Overview on the Global Parent/Related Market; 4.2. Global Chocolate Consumption Trends; 4.3. Global Cocoa Production Trend; 4.4. Supply Chain & Regulatory Analysis; 4.5. Industry SWOT Analysis
5. 4.6. Recent Industry Developments - Policies, Mergers & Acquisitions, and New Product Launches: 5.1. Market Analysis and Insights (in Relation with COVID-19); 5.1.1. Impact of COVID-19 on the Market; 5.1.2. Supply Chain Challenges due to the Pandemic; 5.1.3. Potential Opportunities to Support the during the Calamity
6. Global Confectionery Market Analysis, Insights and Forecast, 2019-2032: 6.1. Key Findings / Summary; 6.2. Market Size Estimates and Forecast; 6.2.1. By Type (Value); 6.2.1.1. Chocolate; 6.2.1.2. Sugar; 6.2.1.3. Gums; 6.2.2. By Distribution Channel (Value); 6.2.2.1. Supermarkets/ Hypermarkets; 6.2.2.2. Convenience Stores; 6.2.2.3. Departmental Stores; 6.2.2.4. Online Retail; 6.2.3. By Region (Value); 6.2.3.1. North America; 6.2.3.2. Europe; 6.2.3.3. Asia Pacific; 6.2.3.4. South America; 6.2.3.5. Middle East & Africa
7. North America Confectionery Market Analysis, Insights and Forecast, 2019-2032: 7.1. Key Findings / Summary; 7.2. Market Size Estimates and Forecast; 7.2.1. By Type (Value); 7.2.1.1. Chocolate; 7.2.1.2. Sugar; 7.2.1.3. Gums; 7.2.2. By Distribution Channel (Value); 7.2.2.1. Supermarkets/ Hypermarkets; 7.2.2.2. Convenience Stores; 7.2.2.3. Departmental Stores; 7.2.2.4. Online Retail; 7.2.3. By Country (Value); 7.2.3.1. U.S; 7.2.3.1.1. By Type (Value); 7.2.3.1.1.1. Chocolate; 7.2.3.1.1.2. Sugar; 7.2.3.1.1.3. Gums; 7.2.3.2. Canada; 7.2.3.2.1. By Type (Value); 7.2.3.2.1.1. Chocolate; 7.2.3.2.1.2. Sugar; 7.2.3.2.1.3. Gums; 7.2.3.3. Mexico; 7.2.3.3.1. By Type (Value); 7.2.3.3.1.1. Chocolate; 7.2.3.3.1.2. Sugar; 7.2.3.3.1.3. Gums
8. Europe Confectionery Market Analysis, Insights and Forecast, 2019-2032: 8.1. Key Findings / Summary; 8.2. Market Size Estimates and Forecast; 8.2.1. By Type (Value); 8.2.1.1. Chocolate; 8.2.1.2. Sugar; 8.2.1.3. Gums; 8.2.2. By Distribution Channel (Value); 8.2.2.1. Supermarkets/ Hypermarkets; 8.2.2.2. Convenience Stores; 8.2.2.3. Departmental Stores; 8.2.2.4. Online Retail; 8.2.3. By Country (Value); 8.2.3.1. U.K.; 8.2.3.1.1. By Type (Value); 8.2.3.1.1.1. Chocolate; 8.2.3.1.1.2. Sugar; 8.2.3.1.1.3. Gums; 8.2.3.2. France; 8.2.3.2.1. By Type (Value); 8.2.3.2.1.1. Chocolate; 8.2.3.2.1.2. Sugar; 8.2.3.2.1.3. Gums; 8.2.3.3. Germany; 8.2.3.3.1. By Type (Value); 8.2.3.3.1.1. Chocolate; 8.2.3.3.1.2. Sugar; 8.2.3.3.1.3. Gums; 8.2.3.4. Spain; 8.2.3.4.1. By Type (Value); 8.2.3.4.1.1. Chocolate; 8.2.3.4.1.2. Sugar; 8.2.3.4.1.3. Gums; 8.2.3.5. Italy; 8.2.3.5.1. By Type (Value); 8.2.3.5.1.1. Chocolate; 8.2.3.5.1.2. Sugar; 8.2.3.5.1.3. Gums; 8.2.3.6. Rest of Europe; 8.2.3.6.1. By Type (Value); 8.2.3.6.1.1. Chocolate; 8.2.3.6.1.2. Sugar; 8.2.3.6.1.3. Gums
9. Asia-Pacific Confectionery Market Analysis, Insights and Forecast, 2019-2032: 9.1. Key Findings / Summary; 9.2. Market Size Estimates and Forecast; 9.2.1. By Type (Value); 9.2.1.1. Chocolate; 9.2.1.2. Sugar; 9.2.1.3. Gums; 9.2.2. By Distribution Channel (Value); 9.2.2.1. Supermarkets/ Hypermarkets; 9.2.2.2. Convenience Stores; 9.2.2.3. Departmental Stores; 9.2.2.4. Online Retail; 9.2.3. By Country (Value); 9.2.3.1. China; 9.2.3.1.1. By Type (Value); 9.2.3.1.1.1. Chocolate; 9.2.3.1.1.2. Sugar; 9.2.3.1.1.3. Gums; 9.2.3.2. India; 9.2.3.2.1. By Type (Value); 9.2.3.2.1.1. Chocolate; 9.2.3.2.1.2. Sugar; 9.2.3.2.1.3. Gums; 9.2.3.3. Japan; 9.2.3.3.1. By Type (Value); 9.2.3.3.1.1. Chocolate; 9.2.3.3.1.2. Sugar; 9.2.3.3.1.3. Gums; 9.2.3.4. Australia; 9.2.3.4.1. By Type (Value); 9.2.3.4.1.1. Chocolate; 9.2.3.4.1.2. Sugar; 9.2.3.4.1.3. Gums; 9.2.3.5. Rest of Asia-Pacific; 9.2.3.5.1. By Type (Value); 9.2.3.5.1.1. Chocolate; 9.2.3.5.1.2. Sugar; 9.2.3.5.1.3. Gums
10. South America Confectionery Market Analysis, Insights and Forecast, 2019-2032: 10.1. Key Findings / Summary; 10.2. Market Size Estimates and Forecast; 10.2.1. By Type (Value); 10.2.1.1. Chocolate; 10.2.1.2. Sugar; 10.2.1.3. Gums; 10.2.2. By Distribution Channel (Value); 10.2.2.1. Supermarkets/ Hypermarkets; 10.2.2.2. Convenience Stores; 10.2.2.3. Departmental Stores; 10.2.2.4. Online Retail; 10.2.3. By Country (Value); 10.2.3.1. Brazil; 10.2.3.1.1. By Type (Value); 10.2.3.1.1.1. Chocolate; 10.2.3.1.1.2. Sugar; 10.2.3.1.1.3. Gums; 10.2.3.2. Argentina; 10.2.3.2.1. By Type (Value); 10.2.3.2.1.1. Chocolate; 10.2.3.2.1.2. Sugar; 10.2.3.2.1.3. Gums; 10.2.3.3. Rest of South America; 10.2.3.3.1. By Type (Value); 10.2.3.3.1.1. Chocolate; 10.2.3.3.1.2. Sugar; 10.2.3.3.1.3. Gums
11. Middle East & Africa Confectionery Market Analysis, Insights and Forecast, 2019-2032: 11.1. Key Findings / Summary; 11.2. Market Size Estimates and Forecast; 11.2.1. By Type (Value); 11.2.1.1. Chocolate; 11.2.1.2. Sugar; 11.2.1.3. Gums; 11.2.2. By Distribution Channel (Value); 11.2.2.1. Supermarkets/ Hypermarkets; 11.2.2.2. Convenience Stores; 11.2.2.3. Departmental Stores; 11.2.2.4. Online Retail; 11.2.3. By Country (Value); 11.2.3.1. South Africa; 11.2.3.1.1. By Type (Value); 11.2.3.1.1.1. Chocolate; 11.2.3.1.1.2. Sugar; 11.2.3.1.1.3. Gums; 11.2.3.2. UAE; 11.2.3.2.1. By Type (Value); 11.2.3.2.1.1. Chocolate; 11.2.3.2.1.2. Sugar; 11.2.3.2.1.3. Gums; 11.2.3.3. Rest of Middle East & Africa; 11.2.3.3.1. By Type (Value); 11.2.3.3.1.1. Chocolate; 11.2.3.3.1.2. Sugar; 11.2.3.3.1.3. Gums
12. Competitive Matrix: 12.1. Business Strategies Adopted by Leading Players; 12.2. Global Confectionery Market Revenue Share/Ranking Analysis, By Key Manufacturer
13. Company Profiles: 13.1. Barry Callebaut; 13.1.1. Overview; 13.1.2. Description; 13.1.3. Product Portfolio; 13.1.4. Financials (Data as available in public domain and/or on paid databases); 13.1.5. Recent Developments; 13.2. Ferrero SpA; 13.2.1. Overview; 13.2.2. Description; 13.2.3. Product Portfolio; 13.2.4. Financials (Data as available in public domain and/or on paid databases); 13.2.5. Recent Developments; 13.3. Nestle S.A.; 13.3.1. Overview; 13.3.2. Description; 13.3.3. Product Portfolio; 13.3.4. Financials (Data as available in public domain and/or on paid databases); 13.3.5. Recent Developments; 13.4. Mondelez International, Inc.; 13.4.1. Overview; 13.4.2. Description; 13.4.3. Product Portfolio; 13.4.4. Financials (Data as available in public domain and/or on paid databases); 13.4.5. Recent Developments; 13.5. Meiji Holdings Co., Ltd.; 13.5.1. Overview; 13.5.2. Description; 13.5.3. Product Portfolio; 13.5.4. Financials (Data as available in public domain and/or on paid databases); 13.5.5. Recent Developments; 13.6. The Hershey Compan; 13.6.1. Overview; 13.6.2. Description; 13.6.3. Product Portfolio; 13.6.4. Financials (Data as available in public domain and/or on paid databases); 13.6.5. Recent Developments; 13.7. Chocoladefabriken Lindt & Sprungli AG; 13.7.1. Overview; 13.7.2. Description; 13.7.3. Product Portfolio; 13.7.4. Financials (Data as available in public domain and/or on paid databases); 13.7.5. Recent Developments; 13.8. Ezaki Glico Co., ltd.; 13.8.1. Overview; 13.8.2. Description; 13.8.3. Product Portfolio; 13.8.4. Financials (Data as available in public domain and/or on paid databases); 13.8.5. Recent Developments; 13.9. Haribo GmbH & Co. KG; 13.9.1. Overview; 13.9.2. Description; 13.9.3. Product Portfolio; 13.9.4. Financials (Data as available in public domain and/or on paid databases); 13.9.5. Recent Developments; 13.10. Pladis Global; 13.10.1. Overview; 13.10.2. Description; 13.10.3. Product Portfolio; 13.10.4. Financials (Data as available in public domain and/or on paid databases); 13.10.5. Recent Developments
14. 13. Appendix