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Confectionery Market 2021 with (Covid-19) Impact Analysis: Growth, Latest Trend Analysis and Forecast 2028
Confectionery
A confectionery includes candies, fudge, and other related sweets. Sugar confectionery includes sweets, candied nuts, chocolates, chewing gum, sweetmeats, candies, and other confections that are made primarily of sugar. The confectionery market is considered as one of the growing sectors globally. Usually, confections are quite low in nutrients and high in sugar & calorie. Sugar-free confections are gaining more popularity in recent years owing to factors such as increasing obesity rate, increasing the number of diabetic patients, increasing nutritional as well as health concerns, and also changing lifestyle.
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Top Key Players:- Delfi Limited, Ezaki Glico Co., Ltd., Ferrero, Lindt and Sprngli Ag, Lotte Confectionery Co., Ltd., Mars, Incorporated, Meiji Holdings Co., Ltd., Mondel- z International, Nestle S.A., The Hershey Company
The confectionery market has witnessed significant growth owing to factors such as wider product availability, such as candied nuts, chocolates, chewing gum, sweetmeats, and other confections. Product innovation, mainly in terms of formulations, processing, and also the packaging, is the major factor which is driving the growth of the confectionery industry.
The report highlights key growth strategies adopted by these players of Specialty Confectionery, including details such as financial overview, product/ services offered, notable developments, and SWOT analysis.
The global confectionery market is segmented on the basis of product type, and distribution channel. The confectionery market on the basis of the product type is classified into sugar confectionery, bakery confectionery, and chocolate confectionery. On the basis of distribution channel, global confectionery market is bifurcated into supermarkets & hypermarkets, convenience store, specialty stores online stores, and others.
The report analyzes factors affecting Confectionery market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting Confectionery market in these regions.
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Reason to Buy
– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Confectionery Market
– Highlights key business priorities in order to assist companies to realign their business strategies.
– The key findings and recommendations highlight crucial progressive industry trends in Confectionery Market, thereby allowing players to develop effective long term strategies.
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