Candy Market is set to witness a steady CAGR of 3.5% during 2026

Strategically analyzed facts and figures of the market and keen business insights covered in this Candy Market report would be a key aspect in achieving enduring business growth. The insights provided in this Candy Market research report are based upon SWOT analysis on which businesses can rely confidently. The analysis and estimations conducted via this report help to get an idea about the product launches, future products, joint ventures, marketing strategy, developments, mergers and acquisitions and effect of the same on sales, marketing, promotions, revenue, import, export, and CAGR values.

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.

Get Free Sample Report + All Related Graphs & Charts Here@
https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-candy-market&skp

Key Market Competitors:

Few of the major competitors currently working in the global candy market are THE HERSHEY COMPANY, Nestl, Meiji Holdings Co., Ltd., General Mills Inc., Mondel?z 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 and others.

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.

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.

Market Drivers:
o Increasing disposable income will drive the market growth
o Rising demand from children and young population will also accelerate the market growth
o Growing popularity of dark chocolate will also propel growth of this market
o Rising expenditure capability of the customers will also enhance the market growth

Market Restraints:
o Increasing health awareness among population will restrain market
o Changing preferences in population will also restrict the market growth
o Rising obesity and diabetes due to high sugar content in candy will also hamper the market growth

Segmentation: Global Candy Market

By Product Type
o Chocolate Candy
o Non- Chocolate Candy
o Hard Boiled Candies
o Pastilles, Gums, Jellies and Chews
o Toffees, Caramels and Nougat
o Mints
o Others

By Distribution Channel
o Supermarkets and Hypermarkets
o Convenience Stores
o Specalist Retailers
o Online Retail
o Others

Free Table Of Contents Is Available Here@https://www.databridgemarketresearch.com/toc/?dbmr=global-candy-market&skp

Key Developments in the Market:

o 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

o 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

o 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

Competitive Analysis:
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.

Research Methodology: Global Candy Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:
o Competitive analysis of key competitors involved in the market
o Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
o Market drivers and restraints analysis along with the analysis of the market structure

Why Is Data Triangulation Important In Qualitative Research?

This involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. Triangulation is one method used while reviewing, synthesizing and interpreting field data. Data triangulation has been advocated as a methodological technique not only to enhance the validity of the research findings but also to achieve 'completeness' and 'confirmation' of data using multiple methods

Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email: Corporatesales@databridgemarketresearch.com

About Data Bridge Market Research:

An absolute way to forecast what future holds is to comprehend the trend today!

Data Bridge 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.

Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.

This release was published on openPR.