Press release
Candy Market Forecast: Overview, Size Forecast, Share, and Growth to US$ 113.67 Bn by 2024-2031 | August Stork, Candy Me, CartoonCandy
Global candy market is projected to reach around US$ 113.67 Billion by the end of 2030, in terms of revenue, growing at CAGR of 4.5% during the forecast period (2023-2030).The latest market intelligence report published by CMI with the title "Global Candy Market 2024, Growth Opportunities, and Forecast" provides actionable insights on Food and Beverages industry. The report provides demand analysis, industry insights, competitive intelligence, and customer database.
The Research report on Candy Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps' Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.
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*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.
Key trends Candy Market
1. Health-Conscious Options: As consumers become more health-conscious, there is a growing demand for healthier candy alternatives. Brands are responding by introducing products that are low in sugar, free from artificial ingredients, and made with natural sweeteners. Functional candies that offer additional health benefits, such as vitamins or probiotics, are also gaining popularity, catering to consumers seeking guilt-free indulgence.
2. Premium and Artisanal Offerings: The trend towards premiumization is evident in the candy market, with consumers increasingly willing to pay more for high-quality, artisanal products. This includes gourmet chocolates, handmade candies, and unique flavor combinations. Brands are focusing on sourcing high-quality ingredients and creating visually appealing packaging to attract discerning consumers who value craftsmanship and quality.
3. Innovative Flavor Profiles: Consumers are becoming more adventurous in their flavor preferences, leading to the introduction of exotic and unconventional flavors in the candy market. Unique combinations, such as savory-sweet blends or international flavors, are capturing consumer interest and encouraging brands to experiment with new offerings. Limited-edition flavors and seasonal releases are also popular, driving excitement and urgency among consumers.
4. Sustainable and Ethical Practices: Sustainability is increasingly influencing consumer choices in the candy market. Brands are prioritizing ethical sourcing of ingredients, such as Fair Trade chocolate and organic ingredients, and adopting eco-friendly packaging solutions. This trend aligns with the broader consumer shift towards sustainability and transparency, as shoppers seek products that reflect their values.
5. Digital and E-commerce Growth: The rise of online shopping has transformed the candy market, with e-commerce platforms becoming vital for reaching consumers. Brands are investing in digital marketing and direct-to-consumer sales channels to cater to changing shopping behaviors. Subscription services for candy boxes and personalized candy gifts are also gaining traction, offering convenience and novelty to consumers.
📌 Want to access more insights? The journey starts from requesting Sample: https://www.coherentmarketinsights.com/insight/request-sample/4499
*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.
Detailed Segmentation and Classification of the report (Market Size and Forecast - 2031, Y-o-Y growth rate, and CAGR):
• By Product Type:
Chocolate Bars
Others
Hard Boiled Candies
Lollipops
Others
Pastilles, Gums, Jellies and Chews
Toffees, Caramels and Nougat
Mints
Others
Chocolate Candy
Non-Chocolate Candy
• By Distribution Channel:
Supermarkets & Hypermarkets
Convenience Stores
Specialist Retailers
Online Retail
Others
• By Regions and Countries
o North America
o Europe
o Asia-Pacific
o South America
o Middle East & Africa
Following are the players analyzed in the report:
• August Stork
• Candy Me
• CartoonCandy
• Cloetta Ab
• DeMet
• Ferrero Group
• Ferrara Candy Company
• Grupo Arcor
• Haribo GmbH & Co. KG
• Mars Incorporated
• Mondelez International Inc.
• Naeemfoods
• Perfetti Van Melle
• Purebred Confectionery
• Rock Candy
• The Hershey Company.
✅Grab the Deal! Up to 25% OFF Purchase this Complete Market Report: https://www.coherentmarketinsights.com/insight/buy-now/4499
Deep-dive Analysis:
The Report provides deep-dive qualitative and quantitative analysis on Candy Market for all the regions and countries covered below:
• North America (the United States, Canada, and Mexico)
• Europe (Germany, France, Italy, United Kingdom, SCANDIVAN, Benelux, Russia, and Rest of Europe)
• Asia-Pacific (Japan, South Korea, India, China, Southeast Asia, and Australia)
• South America (Brazil, Argentina, and Rest of South America)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa, and Rest of the Middle East & Africa)
• Each Country is covered in detail, and report provides qualitative and quantitative analysis on Candy Market on each country.
The research provides answers to the following key questions:
1. What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Candy market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Candy market?
4. What are the prominent market trends influencing the development of the Candy market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Candy market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?
Key insights provided by the report that could help you take critical strategic decisions?
• Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.
• Reports provide opportunities and threats faced by suppliers in the Candy and tubes industry around the world.
• The report shows regions and sectors with the fastest growth potential.
• A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.
• The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.
• This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.
Author of this marketing PR:
Priya Pandey is a dynamic and passionate PR writer with over three years of expertise in content writing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes writing contents and documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.
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Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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