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Precision Business Insights has published a report on the global sugar confectionery market, estimating its value at USD 52.56 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 4.7% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/sugar-confectionery-market
The Sugar Confectionery Market refers to the industry that produces and distributes sugar-based sweets such as candies, gums, jellies, toffees, mints, and hard-boiled sweets. This market serves a large customer base, with items available through retail shops, internet platforms, and specialist channels.
Drivers:
- Growing Consumer Demand for Indulgence – People continue to seek sweet treats for enjoyment and comfort.
- Expansion of Online Retailing – E-commerce platforms are making sugar confectionery more accessible.
The global sugar confectionery market segmentation:
1) By Product Type: Caramel and Toffees, Hard-Boiled Sweets, Medicated Confectionery, Gums and Jellies, Mints, Others
2 By Source: Sunflower Oil, Rapeseed Oil, Soybean Oil, Others
3) By Form: Liquid, Powder, Gels
4) By Application: Dietary Supplements, Food and Beverages, Animal Feed, Pharmaceuticals, Others
5) By Distribution Channel: Super Market Size, Share, Growth, Trends, and Global Industry Analysis: s & Hyper Market Size, Share, Growth, Trends, and Global Industry Analysis: s, Online Stores, Departmental Stores, Others
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Regional Overview:
The report also examines the current concerns and their Future Effects on the sugar confectionery market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the sugar confectionery market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Cadbury PLC, The Hershey Company, HARIBO Dunhills (Pontefract) PLC, Ferrero SpA, Lotte Confectionery Co Ltd, Perfetti Van Melle S.P.A, Nestlé SA, Kraft Foods Inc, WM Wrigley JR Company, Lindt & Sprüngli.
About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.
Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.
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