Confectionery Market Industry Growth 2019: Nestlé S.A., Mars Inc., Ferrero Group, Meiji Co. Ltd, Candyrific, Elmer Chocolate, Mondelez International, Grupo Arcor, and The Hershey Company.

Confectionery Market Report 2018 - 2026 look into the study is an exceptionally tenacious examination on aggressive scene investigation, prime makers, showcasing procedures examination, Market Effect Factor Analysis and Consumer Needs by significant districts, types, applications in Global Market. Confectionery Market provides emerging opportunities in the Market and the future impact of major drivers and challenges and, support decision makers in making cost-effective business decisions. The report provides current and future trends are outlined to determine the overall attractiveness and to single out profitable trends to gain a stronger foothold in the Confectionery Market. The report gives an intensive outline of the Confectionery including definitions, characterizations, applications, and chain structure.

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Leading players in the market include Nestlé S.A., Mars Inc., Ferrero Group, Meiji Co. Ltd, Candyrific, Elmer Chocolate, Mondelez International, Grupo Arcor, and The Hershey Company.

The confectionery market is a steadily growing market with rising sales in emerging economies. Confectionery products are typically low in nutrients and high in calorie content. Increasing incidence of lifestyle diseases such as diabetes, hypertension, and heart diseases coupled with rising health awareness has given rise to new product segments such as sugar-free confectionary products. Rise in demand for sugar-free, low-calorie, and organic products is projected to boost growth of the market. Sugar substitutes such as sorbitol, mannitol, maltitol and lactitol among others are used in confectionery. Chocoladefabriken Lindt & Sprüngli A.G. and The Hershey Company are some of the players offering sugar free chocolates, mints, toffees, candies, and jellies.

The biggest restraint to the confectionery market is the rise in raw material costs. For example, cocoa prices have been fluctuating over the past few years due to erratic production and supply demand imbalance. According to the International Cocoa Organization (ICCO), prices have fluctuated between US$ 2000/ton and US$ 3000/ton since 2014. The ICCO recommends that producers either reduce the volume of chocolate products or raise prices to achieve profitability in such market conditions.

North America is the largest confectionery market region with the U.S. being a prominent consumer of confectionery products. One of the major drivers for this market is the seasonal demand for confectioneries. There is a high demand for candies and chocolates, as they are a vital part of the U.S. festivals. The consumption of chocolate and other confectionery treats is associated with many events and holidays throughout the year such as Valentine's Day, Halloween, Easter, Thanksgiving, and Christmas. The sales of confectionery products in the U.S. are observed to be high during such festivals. Also, the urban population is more inclined towards consumption of confectionery compared to its rural counterparts. According to the U.S. Census Bureau, over 80% of the population resided in urban settings in 2017. According to UN sources, 82.3% of the population is urban in Canada. These factors are expected to contribute to the market growth in the region. Furthermore, artisanal chocolates, which are manufactured by local manufacturers are in high demand due to perception of ethical sourcing of ingredients and healthier alternative to products from major market players.

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Europe is also among the leading consumers and producers of confectionery products. In Switzerland, sales of premium chocolate continued to rise in 2017. Swiss consumers were more inclined towards high quality confectionery products, which incorporate organic, fair-trade chocolate and/or chocolate with a high cocoa content. Leading players such as Chocolat Bernrain A.G. and Max Felchlin A.G are offering organic chocolates in the market. In 2016, the total quantity of Swiss chocolate sold in the domestic and international market increased by 2.3% to 185,639 tons from the previous year. According to Coherent Market Insights, chocolate confectionery segment was the largest segment in France in 2017. In 2016, a thriving tourism industry, which hosted over 80 million tourists according to French government sources coupled with high local demand is expected to further bolster the market for chocolate confectionery in the country. Market players operating in France such as Chocoladefabriken Lindt & Sprüngli AG (Lindt), Nestle S.A., and Mondelez International have reaped the benefits of the tourism industry. Lindt reported a sales growth of 4.8% in 2017 over the previous year and plans to invest US$ 32.3 to expand manufacturing of chocolates in Switzerland.

Objective of Studies:
• To provide strategic profiling of key players in the Market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the Confectionery Market.
• To provide insights about factors affecting the Market growth. To analyses the Confectionery Market based on various factors- price analysis, supply chain analysis, porter five force analysis etc.
• To provide a detailed analysis of the Market structure along with the forecast of the various segments and sub-segments of the global Confectionery Market.
• To provide country-level analysis of the Market with respect to the current Market size and future perspective.
• To provide country-level analysis of the Market for the segment by application, product type, and sub-segments.
Lastly, This report covers the Market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional Market shares.

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