Global Confectioneries Market Growth 2024-2030

Global Confectioneries Market Growth 2024-2030

According to our LPI (LP Information) latest study, the global Confectioneries market size was valued at US$ 148.9 million in 2023. With growing demand in downstream market, the Confectioneries is forecast to a readjusted size of US$ 171.8 million by 2030 with a CAGR of 2.1% during review period.

The research report highlights the growth potential of the global Confectioneries market. Confectioneries are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Confectioneries. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Confectioneries market.

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

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.

Key Features:

The report on Confectioneries market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Confectioneries market. It may include historical data, market segmentation by Type (e.g., Chocolate, Sugar Confectionery), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Confectioneries market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Confectioneries market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Confectioneries industry. This include advancements in Confectioneries technology, Confectioneries new entrants, Confectioneries new investment, and other innovations that are shaping the future of Confectioneries.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Confectioneries market. It includes factors influencing customer ' purchasing decisions, preferences for Confectioneries product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Confectioneries market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Confectioneries market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Confectioneries market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Confectioneries industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Confectioneries market.

Market Segmentation:

Confectioneries 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.

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?

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