Press release
Confectionery Market Size, Share, Growth, Analysis, 2032
Confectionery Market
The global confectionery market size was USD 206.97 billion in 2023 and is projected to grow from USD 213.74 billion in 2024 to USD 278.36 billion by 2032 at a CAGR of 3.36% over the 2024-2032 period.Rising health consciousness among consumers will play a key role in augmenting the growth of this market, shares Fortune Business Insightsโข in its recent report, titled "Confectionery Market Size, Share & Industry Analysis, By Type (Chocolate, Sugar, and Gums), Distribution Channel (Hypermarket/Supermarket, Convenience Stores, Departmental Stores, and Online Retails), and Regional Forecast, 2024- 2032". Manufactured chocolate bars and candies are known to contain large amounts of artificial sweeteners. With increasing prevalence of lifestyle-related disorders, even the most ardent chocolate-lovers are getting increasingly inclined towards organic and natural ingredients-based products. For example, the Swiss chocolate-maker Barry Callebaut's research found that the market value for organic chocolates currently stands at โฌ30 million in Western Europe alone. This figure shows that the shifting consumer preference for chocolate and other confectionery items made from naturally-derived extracts will lead the confectionery market trends in the foreseeable future.
๐๐๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ :
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/confectionery-market-100542
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
โข Super Confectionery
โข Ezaki Glico Co., Ltd.
โข The Hershey Company
โข Mondelez International
โข Ferrero SpA
โข HARIBO GmbH & Co. KG
โข Chocoladefabriken Lindt & Sprungli AG
โข Meiji Holdings Co., Ltd.
โข Nestle S.A.
โข Barry Callebaut
๐๐๐๐จ๐ซ๐๐ข๐ง๐ ๐ญ๐จ ๐ญ๐ก๐ ๐๐จ๐ง๐๐๐๐ญ๐ข๐จ๐ง๐๐ซ๐ฒ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ญ๐ก๐ ๐ฏ๐๐ฅ๐ฎ๐ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ญ๐จ๐จ๐ ๐๐ญ ๐๐๐ ๐๐๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐. ๐๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ฎ๐ซ๐ญ๐ก๐๐ซ ๐๐จ๐ง๐ญ๐๐ข๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐ฌ ๐ญ๐จ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ:
โข What are the major factors driving the market?
โข What are the main hurdles that the market is facing and will face in the future?
โข What are the key market segments?
โข Which region or regions hold the largest potential for the market to grow?
โข How are the competitive dynamics shaping the market?
โข Who are the prominent players in this market and what are their key strategies?
๐๐๐ญ ๐ ๐๐ฎ๐จ๐ญ๐
https://www.fortunebusinessinsights.com/enquiry/get-a-quote/confectionery-market-100542
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ
Hectic Lifestyles to Foster Sales Opportunities
Global economic growth and development have led to an explosion of job and business opportunities. Greater access to education and skill development have expanded the number of employable people around the world, resulting in more working people and more office spaces, especially in large urban conglomerations. As a result, modern lifestyles have become more hectic and stressful, with unfortunate consequence being on health and fitness of people. Therefore, many consumers are now demanding on-the-go confectionery snacks, preferably having low sugar and fat. Chocolate, owing to its numerous health benefits, is the most consumed confectionery product in the world, and many companies are now developing sugar-free and organic chocolate items to cater to the health-conscious urban populace. Furthermore, chocolate consumption has positive physiological effects. The Loma Linda University Adventist Health Sciences Center in California found, through a research study, suggested that chocolate consumption positively impacts brain health and reduces stress and inflammation.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
๐๐ฎ๐ซ๐จ๐ฉ๐ ๐ญ๐จ ๐๐๐๐ ๐ญ๐ก๐ ๐๐๐๐ค; ๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐ ๐ญ๐จ ๐๐ก๐จ๐ฐ๐๐๐ฌ๐ ๐๐ฑ๐๐๐ฅ๐ฅ๐๐ง๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐๐ฃ๐๐๐ญ๐จ๐ซ๐ฒ
With a market share of 39% in 2018, Europe is slated to dominate the confectionery market share in the coming years, primarily on account of high consumption chocolate items. Consumers are increasingly demanding premium and customized confectionery products and are willing to pay for such items, prompting companies to manufacture and deliver superior offerings in the region.
Asia-Pacific holds tremendous growth opportunities for this market owing to rising disposable income, increasing young and working-age population, and rapid urbanization. As a result, many players are implementing different strategies to establish themselves in the Asia-Pacific region, especially China and India.
๐๐ฌ๐ค ๐ ๐จ๐ซ ๐๐ก๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/confectionery-market-100542
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
๐๐๐ฎ๐ง๐๐ก ๐จ๐ ๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐ฑ๐ญ๐ซ๐๐๐ญ๐ฌ-๐๐๐ซ๐ข๐ฏ๐๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐ญ๐จ ๐๐ฉ๐ฎ๐ซ ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐จ๐ง
The confectionery market forecast envisages a period of cutthroat competition in this market as companies deploy various strategies to meet the escalating demand for organic confectionery items. Besides this, many players are also attempting to broaden their business horizons by introducing novel offerings in foreign markets.
๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
โข July 2019: Nestle, the Swiss multinational, created a new chocolate product with no added sugar, enabling its loyal customers to enjoy the company's 70% dark chocolate wholesale. Called the Cacao Fruit Chocolate, the product will be infused with natural cacao pulp which will function as the sweetener for the chocolate.
โข May 2018: The Swiss chocolate manufacturer Barry Callebaut opened the first chocolate center in Africa called the CHOCOLATE ACADEMYโข. Located in Johannesburg, South Africa, the academy will focus on teaching training budding chocolate-makers, professionals, and enthusiasts with the latest trends and technologies of the confectionery world.
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
๐๐จ๐ง๐๐๐๐ญ๐ข๐จ๐ง๐๐ซ๐ฒ ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
https://www.fortunebusinessinsights.com/confectionery-packaging-market-109474
๐๐จ๐ง๐๐๐๐ญ๐ข๐จ๐ง๐๐ซ๐ฒ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ:
https://www.fortunebusinessinsights.com/industry-reports/confectionery-ingredients-market-101513
๐๐ฎ๐ ๐๐ซ ๐๐จ๐ง๐๐๐๐ญ๐ข๐จ๐ง๐๐ซ๐ฒ ๐๐๐ซ๐ค๐๐ญ:
https://www.fortunebusinessinsights.com/sugar-confectionery-market-110274
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Fortune Business Insightsโข offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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