Sugar Confectionery Market to Reach 5850 Million US in 2025, China and India Is Anticipated to Augment the Growth

The food and beverages industry plays an important role in the growth of economic opportunities. Due to an increase in disposable income food and beverages industry, has rapidly grown over the past few years, especially in the developed countries. Apart from increasing per capita income, growing young population across the world is also responsible for the sudden growth of the food & beverages industry. Some of the other factors which are creating a positive impact on this industry are higher growth in overall population particularly in developing countries and changing trends towards food consumption and choices.

This study researches the market size of Sugar Confectionery in United States, European Union and China, presents the Sugar Confectionery sales, revenue, market share and growth rate by companies, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

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For top companies in United States, European Union and China, this report investigates and analyzes the sales, revenue, market share and growth rate for the top players, key data from 2013 to 2018.

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.

In 2018, the market size of Sugar Confectionery is 4590 million US$ and it will reach 5850 million US in 2025, growing at a CAGR of 3.1% from 2018; while in China, the market size is valued at xx million US$ and will increase to xx million US in 2025, with a CAGR of xx% during forecast period.

In this report, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Sugar Confectionery.

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In United States, European Union and China market, the following companies are covered:

Ferrara Candy

HARIBO

Mondelez International

Nestle

Perfetti Van Melle

Wrigley

Adams and Brooks Candy

American Licorice

Anthony-Thomas Candy

Market Segment by Product Type

Hard-Boiled Sweets

Caramels and Toffees

Gums and Jellies

Medicated Confectionery

Mints

Others

Market Segment by Application

Dessert

Drinks

Ice Cream

Other

Key Regions split in this report:

United States

China

European Union

Rest of World (Japan, Korea, India and Southeast Asia)

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The study objectives are:

To analyze and research the Sugar Confectionery status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.

To present the key Sugar Confectionery manufacturers, presenting the sales, revenue, market share, and recent development for key players.

To split the breakdown data by regions, type, companies and applications

To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends, drivers, influence factors in global and regions

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

In this study, the years considered to estimate the market size of Sugar Confectionery are as follows:

History Year: 2013-2018

Base Year: 2017

Estimated Year: 2018

Forecast Year 2018 to 2025

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