Global Candies Market Growth 2023-2029

Global Candies Market Growth 2023-2029

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”.

LPI (LP Information)' newest research report, the “Candies Industry Forecast” looks at past sales and reviews total world Candies sales in 2022, providing a comprehensive analysis by region and market sector of projected Candies sales for 2023 through 2029. With Candies sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Candies industry.

This Insight Report provides a comprehensive analysis of the global Candies landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Candies portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Candies market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Candies and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Candies.

The global Candies market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Convenience stores held significant shares in 2016. These stores are smaller in size as compared to the super markets. These stores are mainly opted due to the fact that they remain open 24 hours. However, these stores have high priced products as compared to other stores. Also, they offer lesser number of varied products as compared to other stores.

The other end use segment includes small sized grocery stores and specialty stores. Grocery stores comprise limited number of products, thus, pose to be disadvantageous as compared to the super markets. On the other hand, specialty stores offer only a single product category or related products. Customers prefer such stores depending on the product they tend to buy.

This report presents a comprehensive overview, market shares, and growth opportunities of Candies market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Chocolate Candies
Caramel Candies
Gummies
Hard Candies
Chewing Gums
Others

Segmentation by application
Super/Hyper markets
Convenience Stores
Online Stores
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
The Hershey Company
Ferrara Candy Co.
Mars Incorporated
Mondeléz International Inc.
DeMet’s Candy Co.
Nestlé SA

Key Questions Addressed in this Report

What is the 10-year outlook for the global Candies market?

What factors are driving Candies market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Candies market opportunities vary by end market size?

How does Candies break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.