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Confectionery Market worth $150.56 billion by 2030, growing at a CAGR of 5.57% - Exclusive Report by 360iResearch
Confectionery Market | 360iResearch
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The confectionery market encompasses a diverse range of sugary foods, comprising chocolates, candies, gums, and other sweets, typically made with sugar, sweeteners, cocoa, dairy, and various natural or artificial ingredients. Segmented by type-chocolate, non-chocolate, and gum-and by distribution channel, such as supermarkets, specialty stores, and online retail, the market also spans different regions. Confectionery products are mostly consumed as treats or indulgences and are prominently used in households, cafes, restaurants, and the hospitality sector. Consumers purchase them as gifts, celebratory items, and for personal satisfaction. Changing consumer preferences towards healthier options are driving market growth, with low-sugar, organic, and vegan confectionery products gaining traction. Economic growth, especially in developing countries, is boosting the demand for premium products, while effective marketing strategies through advertising, celebrity endorsements, and social media promotions increase market visibility. Potential opportunities include developing healthier alternatives, investing in sustainable practices such as fair-trade ingredients and eco-friendly packaging, and offering personalized confectionery items for gifts and events. Companies are advised to diversify products to include healthier and ethically sourced options, enhance digital presence, and form collaborations with influencers. However, the market faces challenges due to rising health consciousness, regulatory measures on sugar content, economic downturns, and supply chain disruptions impacting raw material prices. Innovation areas include researching sugar substitutes, developing sustainable packaging, and experimenting with unique and exotic flavors. The confectionery market is competitive and dynamic, characterized by shifting consumer preferences, technological advancements in manufacturing, and targeted marketing strategies, emphasizing health and sustainability for future growth.
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Market Segmentation & Coverage:
This research report categorizes the Confectionery Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Chocolate, Gums & Snacks, and Sugar Confectionery. The Chocolate is further studied across Dark Chocolate and White and Milk Chocolate. The Gums & Snacks is further studied across Cereal Bars and Energy Bars. The Sugar Confectionery is further studied across Boiled Sweets, Mints, Pastilles, Gums, Jellies and Chews, and Toffees, Caramels and Nougat.
Based on Distribution, market is studied across Offline and Online.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Key Company Profiles:
The report delves into recent significant developments in the Confectionery Market, highlighting leading vendors and their innovative profiles. These include Arcor Group, August Storck KG, Cemoi, Chocoladefabriken Lindt & Sprüngli AG, Chocolat Frey AB, Crown Confectionery Co., Ltd., Delfi Limited, Ezaki Glico Co., Ltd., Ferrero International S.A., GelStat Corporation, General Mills Inc., GUTA Group United Confectioners, HARIBO GmbH & Co. KG, Inno Foods Inc., Lotte Corporation, Lozys Pharmaceuticals, S.L., Mars, Inc., Meiji Holdings Co., Ltd., Mondelez International, Inc., Morinaga & Co. Ltd., Nestlé S.A., Orion Corp., Perfetti Van Melle Group B.V., Pladis Global, Strauss Group, The Hershey Company, and Valeo Foods Group.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Confectionery Market, by Type
7. Confectionery Market, by Distribution
8. Americas Confectionery Market
9. Asia-Pacific Confectionery Market
10. Europe, Middle East & Africa Confectionery Market
11. Competitive Landscape
12. Competitive Portfolio
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About 360iResearch
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