Global Confectionery Market Size, Share, and Forecast 2023 - 2033: Industry Analysis & Growth Projections

Comprehensive historical analysis of Global Confectionery Market has thoroughly analyzed in this report. It offers data and insights from 2019-2022, and provides extensive market forecasts from 2023-2032 by region/country and subsectors. It covers the price, sales volume, revenue, historical growth, gross margin, and future outlooks for the Confectionery market.

The Global Confectionery Market Size is Anticipated to Exceed USD 256.2 Billion by 2033, Growing at a CAGR of 3.03% from 2023 to 2033.

The report includes growth prospects in the Global Confectionery Market by type, application, sub segement and region and QMI has compiled a comprehensive detailed research report to offer insights. The report details consumption in the Food & Beverages and other sectors. Regional coverage spans North America, Europe, and rest of the world including Asia Pacific.

The Global Confectionery Market is poised for substantial growth between 2023 and 2033, driven by evolving consumer preferences and rising demand for premium and healthier sweets. With innovation in flavors, packaging, and product offerings, manufacturers are focusing on expanding their reach in emerging markets. The increasing popularity of chocolate, candy, and gum, coupled with the surge in online retail channels, is set to boost market expansion during this forecast period.

Leading players of Confectionery including:

• Mondelez International, Inc.
• Mars, Incorporated
• Ezaki Glico Co., Ltd.
• Haribo GmbH & Co. K.G.
• Grupo Arcor
• Pladis
• Nestlé S.A.
• Meiji Co., Ltd.
• Ferrero Group
• Chocoladefabriken Lindt & Sprüngli AG
• Perfetti Van Melle
• The Hershey Company
• Others

From 2023 to 2033, the confectionery market is expected to experience steady growth, fueled by the rising demand for indulgent treats and the growing influence of social media in shaping consumer choices. As health-conscious consumers seek out sugar-free and organic options, companies are responding with new product lines that cater to these preferences. Additionally, seasonal and festive occasions continue to drive sales, making confectionery a resilient segment in the global food industry.

Market split by Segement, can be divided into:

By Product Type

• Hard-boiled Sweets
• Mints
• Gums and Jellies
• Chocolate
• Caramels and Toffees
• Medicated Confectionery
• Fine Bakery Wares
• Others

 By Age Group

• Children
• Adult
• Geriatric

Market segment by Region/Country including:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

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In June 2024, after securing a prominent position with Target and its connected online businesses, the functional chocolate company saw a boost in visibility. Rich dark chocolate that is naturally gluten-free and vegan is combined, according to the US-based firm, with a unique blend of nutraceuticals that are suited to certain ailments, such vitamins, minerals, botanicals, and amino acids. Since these unique combinations address so many common health issues including energy, focus, sleep, stress, and much more there has been an increase in demand for them.

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Whats covered in the report?

• 1. Overview of the Confectionery market.
• 2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa) market size data for the Confectionery market, based on segement.
• 3. Confectionery Market trends.
• 4. Confectionery Market drivers.
• 5. Analysis of major company profiles.

Reasons to buy this Market Report:

1. Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging Confectionery market.
2. Use the SWOT analysis to determine the competitive intensity and therefore attractiveness of the emerging Confectionery Industry.
3. Leading company profiles reveal details of key Confectionery market players emerging five operations and financial performance.
4. Add weight to presentations and pitches by understanding the future growth prospects of the emerging Confectionery market with five year historical forecasts.
5. Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region.
6. Extensive information on factors that will amplify the growth of the Confectionery market over the upcoming seven years
7. Accurate estimation of the global Confectionery market size
8. Exact estimations of the upcoming trends and changes observed in the consumer behavior
9. Growth of the global Confectionery market across the North & South America, EMEA, Asia Pacific, and Latin America
10. Information about Confectionery market growth potential
11. In-depth analysis of the industry’s competitive landscape and detailed information vis-a-vis on various vendors
12. Furnishing of detailed information on the factors that will restrain the growth of the Confectionery market

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