Confectionery Market Size Expected to Reach USD 297.67 Billion by 2030

𝐂𝐨𝐧𝐟𝐞𝐜𝐭𝐢𝐨𝐧𝐞𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

The global confectionery market was valued at USD 214.39 Bn. in 2023 and is projected to grow at a CAGR of 4.8% from 2024 to 2030, reaching USD 297.67 Bn. by the end of the forecast period. Factors such as the increasing demand for organic and sugar-free confectionery, rising popularity of premium chocolates, and innovative marketing strategies are driving the market's growth.

𝐂𝐨𝐧𝐟𝐞𝐜𝐭𝐢𝐨𝐧𝐞𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦

Vietnam's confectionery market is expanding rapidly due to rising demand for affordable sweets and chocolates. Local companies such as 𝐁𝐢𝐛𝐢𝐜𝐚 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧 have been introducing traditional and modern confectionery products to cater to diverse tastes. The growth of e-commerce platforms further enhances market reach.

𝐔𝐧𝐥𝐨𝐜𝐤 𝐜𝐫𝐢𝐭𝐢𝐜𝐚𝐥 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐛𝐲 𝐞𝐱𝐩𝐥𝐨𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐯𝐢𝐚 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 @https://www.maximizemarketresearch.com/request-sample/145910/

𝐂𝐨𝐧𝐟𝐞𝐜𝐭𝐢𝐨𝐧𝐞𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝

Thailand's confectionery market is being shaped by the increasing popularity of functional and health-focused sweets. Companies like 𝐓𝐡𝐚𝐢 𝐑𝐨𝐨𝐧𝐠 𝐑𝐮𝐚𝐧𝐠 𝐒𝐮𝐠𝐚𝐫 𝐆𝐫𝐨𝐮𝐩 have been innovating with sugar-free and low-calorie options. Thailand's vibrant tourism sector also drives demand for unique and artisanal confectionery.

𝐂𝐨𝐧𝐟𝐞𝐜𝐭𝐢𝐨𝐧𝐞𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧

Japan's confectionery market thrives on its innovation and focus on premium products. Brands like 𝐌𝐞𝐢𝐣𝐢 𝐇𝐨𝐥𝐝𝐢𝐧𝐠𝐬 and 𝐌𝐨𝐫𝐢𝐧𝐚𝐠𝐚 have been launching limited-edition and seasonal products to attract consumers. The integration of traditional Japanese flavors with modern techniques creates significant market opportunities.

𝐂𝐨𝐧𝐟𝐞𝐜𝐭𝐢𝐨𝐧𝐞𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐂𝐡𝐢𝐧𝐚

China's confectionery market is characterized by rapid urbanization and rising disposable incomes. Global giants such as 𝐌𝐚𝐫𝐬 𝐖𝐫𝐢𝐠𝐥𝐞𝐲 and local companies like Hsu Fu Chi dominate the market. Mergers and collaborations between international and domestic players are driving market consolidation.

𝐂𝐨𝐧𝐟𝐞𝐜𝐭𝐢𝐨𝐧𝐞𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚

South Korea's confectionery market is heavily influenced by the popularity of K-culture and rising demand for unique flavors. Companies like 𝐋𝐨𝐭𝐭𝐞 𝐂𝐨𝐧𝐟𝐞𝐜𝐭𝐢𝐨𝐧𝐞𝐫𝐲 have introduced innovative products tailored to younger demographics. The trend of gifting premium confectionery during festivals drives market growth.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐝𝐚𝐭𝐚 𝐚𝐧𝐝 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐛𝐲 𝐯𝐢𝐞𝐰𝐢𝐧𝐠 𝐭𝐡𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 @https://www.maximizemarketresearch.com/request-sample/145910/

𝐂𝐨𝐧𝐟𝐞𝐜𝐭𝐢𝐨𝐧𝐞𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞

Singapore's confectionery market benefits from its affluent population and focus on premium offerings. Companies such as 𝐂𝐚𝐝𝐛𝐮𝐫𝐲 have been expanding their presence through high-quality chocolates and candies. The rise of gourmet and sustainable confectionery is a notable trend in Singapore.

𝐂𝐨𝐧𝐟𝐞𝐜𝐭𝐢𝐨𝐧𝐞𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐒

The US leads the confectionery market with a focus on innovative products and health-conscious offerings. Companies like 𝐇𝐞𝐫𝐬𝐡𝐞𝐲'𝐬 and 𝐅𝐞𝐫𝐫𝐞𝐫𝐨 are at the forefront of introducing organic, vegan, and sugar-free options. Seasonal and holiday-themed confectionery also boosts market sales.

𝐂𝐨𝐧𝐟𝐞𝐜𝐭𝐢𝐨𝐧𝐞𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐒

Europe's confectionery market is dominated by artisanal and premium chocolates. Companies like 𝐋𝐢𝐧𝐝𝐭 & 𝐒𝐩𝐫ü𝐧𝐠𝐥𝐢 and 𝐍𝐞𝐬𝐭𝐥é continue to innovate with sustainable packaging and organic ingredients. The region's emphasis on eco-friendly production practices supports market growth.

𝐊𝐞𝐲 𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬

𝐁𝐢𝐛𝐢𝐜𝐚 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧 expanded its product portfolio to include health-focused confectionery in Vietnam.
𝐌𝐞𝐢𝐣𝐢 𝐇𝐨𝐥𝐝𝐢𝐧𝐠𝐬 introduced limited-edition chocolates inspired by traditional Japanese flavors.
𝐌𝐚𝐫𝐬 𝐖𝐫𝐢𝐠𝐥𝐞𝐲 strengthened its presence in China through strategic partnerships with local distributors.
𝐋𝐨𝐭𝐭𝐞 𝐂𝐨𝐧𝐟𝐞𝐜𝐭𝐢𝐨𝐧𝐞𝐫𝐲 launched a new line of K-culture-themed confectionery products.
𝐋𝐢𝐧𝐝𝐭 & 𝐒𝐩𝐫ü𝐧𝐠𝐥𝐢 invested in sustainable sourcing for its premium chocolates in Europe.

𝐆𝐞𝐭 𝐚 𝐜𝐥𝐨𝐬𝐞𝐫 𝐥𝐨𝐨𝐤 𝐚𝐭 𝐭𝐡𝐞 𝐠𝐚𝐦𝐞-𝐜𝐡𝐚𝐧𝐠𝐢𝐧𝐠 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐬𝐮𝐜𝐜𝐞𝐬𝐬 :https://www.maximizemarketresearch.com/request-sample/145910/

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐛𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞

Chocolates
Sugar
Gums

The global market is rising at a respectable pace because to consumers' growing indulgence and acceptance of chocolates and chocolate snacks in developed countries like North America and Europe. In contrast, the chocolate confectionery market is the most well-liked globally and is expanding quickly in developing nations. Growing disposable income and the steady expansion of developing economies are two of the main factors driving the market's desire for different types of chocolate. The growing popularity of westernized foods in consumers' daily lives has given chocolate producers worldwide a wealth of opportunities.

𝐛𝐲 𝐀𝐠𝐞 𝐆𝐫𝐨𝐮𝐩

Children
Adult
Geriatric

𝐛𝐲 𝐏𝐫𝐢𝐜𝐞 𝐏𝐨𝐢𝐧𝐭

Economy
Mid-Range
Luxury

𝐛𝐲 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐜𝐡𝐚𝐧𝐧𝐞𝐥

Supermarket/Hypermarket
Online Retail
Departmental stores
Convenience stores

With a 40% market share, the supermarket segment led the industry. Supermarkets and hypermarkets are becoming increasingly popular worldwide. There is more foot traffic on the floor as a result of consumers' growing reliance on these services, as well as their freedom of choice, more extensive product ranges, and bundling schemes provided by mass merchandisers. Customers prefer to purchase groceries in large quantities for a limited time due to their hectic and demanding schedules. Consequently, supermarkets and hypermarkets provide consumers a convenient one-stop shopping experience.

𝐆𝐞𝐭 𝐚 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬:https://www.maximizemarketresearch.com/market-report/confectionery-market/145910/

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

1. Chocoladefabriken Lindt & Sprungli AG
2. Crown Confectionary
3. DELFI Limited
4. Ezaki Glico Co.Ltd
5. Ferrero International S.A.
6. Mars, Incorporated
7. Mondelez International
8. Nestle S.A.
9. The Hershey Company
10. Unilever PLC
11. Barry Callebaut
12. Meiji Holdings
13. HARIBO GmbH& Co.KG
14. Pladis Global

𝐂𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐨𝐮𝐫 𝐭𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐬𝐭𝐮𝐝𝐢𝐞𝐬 𝐭𝐨 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐬𝐡𝐢𝐟𝐭𝐬 :

♦ Global Lemon Extract Market https://www.maximizemarketresearch.com/market-report/global-lemon-extract-market/27793/

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♦ Inverter Market https://www.maximizemarketresearch.com/market-report/global-inverter-market/54845/

♦ India Solar Rooftop Market https://www.maximizemarketresearch.com/market-report/india-solar-rooftop-market/20777/

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♦ Global directional drilling services market https://www.maximizemarketresearch.com/market-report/directional-drilling-services-market/69000/

♦ Global Membrane Bioreactor (MBR) Systems Market https://www.maximizemarketresearch.com/market-report/global-membrane-bioreactor-systems-market/31266/

♦ Global Frozen Bakery Market https://www.maximizemarketresearch.com/market-report/global-frozen-bakery-market/23735/

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:

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