Global Candy Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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1823
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May 2023
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167
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This report was compiled by Shreyas Rokade Shreyas Rokade is a seasoned Research Analyst with CMFE, bringing extensive expertise in market research and consulting, with a strong background in Chemical Engineering. Correspondence Team Lead-CMFE Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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MarketResearch.biz delivers in-depth insights on the global candy market in its upcoming report titled, “Global Candy Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027”. The global candy market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the global candy market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global candy market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global candy market report has been segmented on the basis of chocolate content, type, and region.
Candies are also called as confectioneries. Preparation of candy includes sugar, honey, and other natural or artificial sweeteners in combination with chocolate, milk, fruits, nuts, or other ingredients or flavourings which is produced in the form of bars, drops, or pieces. Certain types of candies can add valuable protein, minerals, and vitamins which aid body building and promote general well-being.
High disposable income, changing consumer preferences in developed and developing economies are key factors driving growth of the global candy market. In addition, candies are gaining popularity as gifts and rising demand for candies especially in festivities is a major factor fuelling growth of the global candy market over forecast period.
However, high sugar content in candies can lead to weight gain, and increasing incidence of dental problems due to high consumption of candies are key factors hampering growth of the global candy market. Additionally, increasing health consciousness among general population is expected to lower demand for candies which in-turn is expected to hamper growth of the global candy market over the forecast period.
Manufacture of candy with less sugar additives can create high potential revenue generation opportunity for key players of the global candy market. Moreover, addition of valuable ingredients and other nutrients in candies can be a great opportunity for key players to increase their market and revenue share.
Market in North America dominates the global candy market, owing to presence of key players in countries in the region coupled with presence of a major consumer base for candies. Asia Pacific is projected to witness fastest growth in terms of revenue, owing to changes in eating habits and changing lifestyle in countries in the region.
Global Candy Market Segmentation:
Global candy market segmentation, by chocolate content:
- With chocolate
- Without chocolate
Global candy market segmentation, by type:
- Hard Type
- Chewing Type
- Scotch Type
Global candy market segmentation, by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
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- Nestlé SA
- DeMet’s Candy Co.,
- Mondeléz International Inc.
- Mars Inc.
- Ferrara Candy Co.
- Meiji Co. Ltd.
- Hershey Co.
- Chocoladefabriken Lindt & Sprungli AG
- Perfetti Van Melle
- August Storck KG
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