Global Candy Market Size, Share, Growth Insights and Report 2024-2031 | Nestle S.A., The Hershey Company, Ferrero Group, Cloetta Ab, Grupo Arcor

Global Candy Market reached USD 62.3 billion in 2022 and is expected to reach USD 80.1 billion by 2031 growing with a CAGR of 3.2% during the forecast period 2024-2031

DataM Intelligence has published a new research report on "Candy Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Segmentation, CAGR, business revenue competitive positioning of key companies, investigating elements such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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Candy is a broad category of sweet confections manufactured mostly from sugar or other sweeteners, typically with flavorings, colorings, and extra components like chocolate, nuts, or fruits. Candy can take numerous forms, including hard candies, caramels, chocolates, and lollipops, and is commonly consumed as a treat or snack. Candy's texture, flavor, and appearance might vary depending on the manner of manufacture and components used. While candy is highly enjoyed for its sweet taste, it is often heavy in sugar and calories and should be consumed in moderation.

Key Developments:

On May 18, 2022, Perfetti Van Melle USA, Inc, multinational gum and confectionary company launched a Berry flavor of its Mentos Gum with Vitamins. The gum is sugar-free and contains 30% of the daily recommended dosages of vitamins B6, B12, and C. The Mentos Gum brand is the second-fastest growing brand in dollar sales in the U.S.

On April 25, 2022, Mondelēz, an American multinational confectionary company paid D 1.3 Billion to acquire Mexico's Leading Confectionery Company, Recolino. Ricolino has four manufacturing facilities and distributes its products to several channels, including traditional trade, supermarkets, convenience stores, and others.

Research Process:

Both primary and secondary data sources have been used in the global Candy Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

List of the Key Players in the Candy Market: Perfetti Van Melle Group B.V., Mondelez International, Inc., Mars, Incorporated, Haribo GmbH & Co. KG, Nestle S.A., The Hershey Company, Ferrero Group, Cloetta Ab, Grupo Arcor, and DeMet's Candy Co.

Segment Covered in the Candy Market:

By Type - Chocolate Candy, Non-Chocolate Candy

By Distribution Channel - Supermarket/Hypermarket, Convenience Stores, Specialty Stores, Online Retailers, Others

Regional Analysis:

The global Candy Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

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Regional Analysis:

The global Candy Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Candy Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of Candy manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Revenue of Candy in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

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Frequently Asked Questions

Q1) How Big is the Candy Market?

A) Global Candy Market reached USD 62.3 billion in 2022 and is expected to reach USD 80.1 billion by 2031

Q2) Who are the key players of Candy Market?

A) Perfetti Van Melle Group B.V., Mondelez International, Inc., Mars, Incorporated, Haribo GmbH & Co. KG, Nestle S.A., The Hershey Company, Ferrero Group, Cloetta Ab, Grupo Arcor, and DeMet's Candy Co.

Q3) What are the regions covered in this report?

A) The global Candy Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa

4) What are the Segments Coverd in this report?

A) The Candy market is segmented as CCC

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