Global Toffee Market Growth 2023-2029

Global Toffee Market Growth 2023-2029

Toffee is a western-style candy and a general term for a type of sugar. It is made by boiling the molasses brown sugar to a very thick consistency and then stirring the substance by hand or machine until the candy pieces become shiny and remain in a solid shape. Toffee is usually made from condensed milk, cocoa liquor, butter, glucose syrup, vanillin and hazelnuts. It has a sweet taste.

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

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

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

The global Toffee 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.

United States market for Toffee is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Toffee is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Toffee is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Toffee players cover Perfetti Van Melle Group B.V., Mondelez International, Yakefood, August Storck KG, Hsu Fu Chi International, KDV Group, Walkers, Thai Ao Chi and Half Moon Bay Taffy, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

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

Market Segmentation:

Segmentation by type
Salty Water Toffee
Milk Toffee
Peanut Toffee
Others

Segmentation by application
Online Sale
Offline Sale

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.
Perfetti Van Melle Group B.V.
Mondelez International
Yakefood
August Storck KG
Hsu Fu Chi International
KDV Group
Walkers
Thai Ao Chi
Half Moon Bay Taffy
Purple Mountain Taffy

Key Questions Addressed in this Report

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

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

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

How do Toffee market opportunities vary by end market size?

How does Toffee 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.