Global Sugar Confectionery Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Sugar Confectionery market size was valued at USD 4577.1 million in 2023 and is forecast to a readjusted size of USD 5616.5 million by 2030 with a CAGR of 3.0% during review period.
Confectionery is the art of making confections, which are food items that are rich in sugar and carbohydrates. Exact definitions are difficult. In general, though, confectionery is divided into two broad and somewhat overlapping categories, bakers' confections and sugar confections.
The sugar confectionery market is in growth at a steady pace on account of the high demand from middle-class consumers. Introduction of new products with innovative flavors & healthy ingredients, increase in gifting trend, and growth in retail market are expected to drive the demand in the near future. In addition, rise in disposable income and increase in population in emerging countries such as China and India is anticipated to augment the market during the analysis period. However, growth in health awareness globally and rise in instances of diabetes are estimated to hamper the sugar confectionery market growth. Key players in the region invest on advertising campaigns and marketing to enhance their brand recognition and influence in the sugar confectionery industry.
The Global Info Research report includes an overview of the development of the Sugar Confectionery industry chain, the market status of Dessert (Caramels and Toffees, Medicated Confectionery), Drinks (Caramels and Toffees, Medicated Confectionery), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Sugar Confectionery.
Regionally, the report analyzes the Sugar Confectionery markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Sugar Confectionery market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Sugar Confectionery market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Sugar Confectionery industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Caramels and Toffees, Medicated Confectionery).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Sugar Confectionery market.
Regional Analysis: The report involves examining the Sugar Confectionery market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Sugar Confectionery market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Sugar Confectionery:
Company Analysis: Report covers individual Sugar Confectionery manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Sugar Confectionery This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Dessert, Drinks).
Technology Analysis: Report covers specific technologies relevant to Sugar Confectionery. It assesses the current state, advancements, and potential future developments in Sugar Confectionery areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Sugar Confectionery market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Sugar Confectionery market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Caramels and Toffees
Medicated Confectionery
Mints
Others
Market segment by Application
Dessert
Drinks
Ice Cream
Other
Major players covered
Ferrara Candy
HARIBO
Mondelez International
Nestle
Perfetti Van Melle
Wrigley
Adams and Brooks Candy
American Licorice
Anthony-Thomas Candy
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Sugar Confectionery product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Sugar Confectionery, with price, sales, revenue and global market share of Sugar Confectionery from 2019 to 2024.
Chapter 3, the Sugar Confectionery competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Sugar Confectionery breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Sugar Confectionery market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Sugar Confectionery.
Chapter 14 and 15, to describe Sugar Confectionery sales channel, distributors, customers, research findings and conclusion.