Press release
Global Candy Market Market Research, Industry, Business Analysis With THE HERSHEY COMPANY, Nestlé, Meiji Holdings Co., Ltd., General Mills Inc
Global candy market is set to witness a steady CAGR of 3.5% in the forecast period of 2019- 2026.The report contains data of the base year 2018 and historic year 2017. Increasing urbanization and rising product innovations are the major factor for the growth.
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Global Candy Market By Product Type (Chocolate Candy, Non- Chocolate Candy), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specalist Retailers, Online Retail, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Key Questions Answered in Global Candy Market Report:-
Our Report offers:-
What will the market growth rate, Overview and Analysis by Type of Global Candy Market in 2026?
What are the key factors driving, Analysis by Applications and Countries Global Candy Market?
What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Candy Market?
Who are Opportunities, Risk and Driving Force of Global Candy Market?
Who are the opportunities and threats faced by the vendors in Global Candy Market? Business Overview by Type, Applications, Gross Margin and Market Share
What are the Global Candy Market opportunities, market risk and market overview of the Market?
Complete report on Global Candy Market Research
Report 2019-2026 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Candy Market
Candy or lollies is a food which is usually made from the main ingredients sugar. These candies are available in different shapes and are available in small bite sizes. Usually flavors and colors are added and made by boiling sugar to the required consistency. Toffees, gums, jellies, nougat, caramel and other are some of the common types of the candies. These candies are highly in demand during the festive season and are highly consumed by children. Many candy have nuts, fruits, almonds and other added to them to enhance the taste.
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Top Key Players:
THE HERSHEY COMPANY,
Nestlé,
Meiji Holdings Co., Ltd.,
General Mills Inc.,
Mondelēz International,
Kellogg NA Co,
Mars, Incorporated,
pladis global,
LOTTE CONFECTIONARY CO.LTD.,
August Storck,
Perfetti Van Melle,
HARIBO of America, Inc,
Arcor,
Ferrero,
Cloetta,
Sweet Candy Company.,
THE BANG CANDY COMPANY,
Quality Candy Company,
Muskoka Candy Company,
The Ferrero Group.,
palmer-candy.,
SUGARFINA INC.,
Jelly Belly Candy Company
Market Drivers:
Increasing disposable income will drive the market growth
Rising demand from children and young population will also accelerate the market growth
Growing popularity of dark chocolate will also propel growth of this market
Rising expenditure capability of the customers will also enhance the market growth
Market Restraints:
Increasing health awareness among population will restrain market
Changing preferences in population will also restrict the market growth
Rising obesity and diabetes due to high sugar content in candy will also hamper the market growth
Key Developments in the Market:
In November 2018, Bazooka Candy Brands announced the launch of their new Ring Pop Gummy Gems which consist of sour gel on the inside and sweet gummy outside. It also has used new 3D technology so that it can provide 2-in-1 candy experience. The main aim of the launch is to meet the needs of the candy lovers
In October 2018, Hershey India announced the launch of their new chocolate Hershey’s Kisses which is a milk chocolate. The main aim of the launch is to expand their business in India. This new chocolate will be available in South India as one-third of the chocolate market of India is in South and later they are planning to cover other parts of the country
In September 2017, Pecan Deluxe Candy announced the launch of their new bubble gum-flavoured popping candy. This new candy can be combines with doughnuts, ice cream, cakes and other bakery lines. These new candies have fat coating to form a moisture barrier and other coating so that the popping sensation can be maintained. The main aim of the launch is to meet the rising demand of the customer
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Customize report of “Global Candy Market” as per customers requirement also available.
Market Segmentations:
Global Candy Market is segmented on the basis of
Product Type
Distribution Channel
Geography
Market Segmentations in Details:
By Product Type
Chocolate Candy
Non- Chocolate Candy
By Distribution Channel
Supermarkets and Hypermarkets
Convenience Stores
Specalist Retailers
Online Retail
Others
By Geography
North America
US.
Canada,
Mexico
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia Pacific
South America
Brazil
Rest of South America
Middle East & Africa
South Africa
Saudi Arabia
UAE
Rest of MEA
Competitive Analysis: Global Candy Market
Global candy market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of candy market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: corporatesales@databridgemarketresearch.com
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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