Global Confectioneries Market Growth 2023-2029

Global Confectioneries Market Growth 2023-2029

Confectionery,also called sweets or candy, is sweet food.

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

This Insight Report provides a comprehensive analysis of the global Confectioneries 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 Confectioneries portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Confectioneries market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Confectioneries 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 Confectioneries.

The global Confectioneries market size is projected to grow from US$ 148.9 million in 2022 to US$ 171.8 million in 2029; it is expected to grow at a CAGR of 171.8 from 2023 to 2029.

Europe dominates the global confectionery market, followed by North America and Asia Pacific . The U.S. represents the largest confectionery market globally , followed by China and the U.K. India is the key market in Asia Pacific and the fastest-growing confectionery market in the world.Rising disposable income, growing retail market, increasing trend of gifting confectionery items, increasing population , increasing urbanization, hectic lifestyle, and more women in the workforce are some of the major driving factors of the confectionery market. Increasing population along with increasing disposable income in developing countries such as India and China is expected to increase the growth rate of the confectionery market. Increasing disposable income allow the customer to spend more.

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

Market Segmentation:

Segmentation by type
Chocolate
Sugar Confectionery
Gum
Cereal Bar

Segmentation by application
Supermarket
Hypermarket
E-Commerce
Other

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.
Mars
Mondelez International
Nestle
Meiji Holdings
Ferrero Group
Hershey Foods
Arcor
Perfetti Van Melle
Haribo
Lindt & Sprüngli
Barry Callebaut
Yildiz Holding
August Storck
General Mills
Orion Confectionery
Uniconf
Lotte Confectionery
Bourbon Corp
Crown Confectionery
Roshen Confectionery
Ferrara Candy
Orkla ASA
Raisio Plc
Morinaga & Co. Ltd
Cemoi
Jelly Belly
Cloetta
Ritter Sport
Petra Foods
Amul

Key Questions Addressed in this Report

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

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

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

How do Confectioneries market opportunities vary by end market size?

How does Confectioneries 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.