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Candy Market Growing to Unveil a Remarkable CAGR of 3.94% By 2029, Key Drivers, Size, Share, Demand

Submitted by krish48 on Wed, 10/11/2023 - 01:37

Data Bridge Market Research analyses that the candy market was valued at USD 226.38 billion in 2021 and is expected to reach USD 308.39 billion by 2029, registering a CAGR of 3.94% during the forecast period of 2022 to 2029.
Key Pointers Covered in Candy Market Industry Trends and Forecast to 2029
• Market Size
• Market New Sales Volumes
• Market Replacement Sales Volumes
• Market Installed Base
• Market By Brands
• Market Procedure Volumes
• Market Product Price Analysis
• Market Regulatory Framework and Changes
• Market Shares in Different Regions
• Recent Developments for Market Competitors
• Market Upcoming Applications
• Market Innovators Study
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Benefits of Considering this Report:
• This report is compiled using a vigorous and thorough research methodology. Data Bridge Market Research is also known for its data accuracy and granular market reports.
• A complete picture of the competitive scenario of Candy Market is depicted by this report.
• The report consists of a vast amount of data about the recent product and technological developments in the markets.
• The insights in the report are easy to understand and include a graphical representation of the numbers in the form of histograms, bar graphs, pie charts, etc.
Candy Market Scope and Market Size
The global candy market is segmented on the basis type, age group, price point and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
• Hard-Boiled Sweets
• Mints
• Gums and Jellies
• Chocolate
• Caramels and Toffees
• Medicated Confectionery
• Fine Bakery Wares
• Others
Age Group
• Children
• Adult
• Geriatric
Price Point
• Economy
• Mid-Range
• Luxury
Distribution Channel
• Supermarket/Hypermarket
• Convenience Stores
• Pharmaceutical and Drug Stores
• Food Services
• Duty-Free Outlets
• E-Commerce
• Others
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Some of the key questions answered in this report:
• How has the Candy Market performed so far and how will it perform in the coming years?
• What are the key regional markets?
• What is the breakup of the market based on the procedure?
• What is the breakup of the market based on the injury location?
• What is the breakup of the market based on the end user?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the Candy Market and who are the key players?
• What is the degree of competition in the industry?
Market Analysis and Insights: Candy Market
• Candy is also called confectionery sweet food product. The main ingredient of the candy e is sugar. Candies are made with a combination of chocolate, milk, nuts, fruits, and artificial sweeteners and it comes in the shape of small pieces, drops and bars. There are certain candies with minerals and vitamins which provide protein value that can help in bodybuilding. Consumers who have a hectic schedule commonly opt for candies as a small snack it requires less time for consumption and can be enjoyed during breaks
• Candy are confectionary products and the sugar is the primary ingredient. While the leading target audience for candies is the children and young population. It is enjoyed by people of all age groups overall the globe. Increasing modernization, westernization, and growing personal disposable income are the main factors which is fostering the growth of candy market. Ever-rising young population and growing popularity of dark chocolate are some other indirect factors for the growth of the candy market growth.
• Increased health consciousness, rise the desire for low sugar chocolates or confectionery items, sugar free candies has gained commercial popularity in current years. Increase the demand for sugar free candies among the general public due to increase in the number of people which is experiencing a sugar rush after eating chocolates with a high sugar content. The demand for the sugar free candies are expected to increase the growth of the candy market globally.
• The rising availability of different types of candies such as both non-chocolate and chocolate candies in the market has led to the increase demand for candies which has fuelled by the impulsive purchase behaviour of customers. The changing preferences and tastes of the consumers in developing economies have led to a significant upsurge in the sales of candy overall the globe.
Candy Market Country Level Analysis
• U.S., Canada and Mexico in [North America]
• Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, [Rest of Europe]
• China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, [Rest of Asia-Pacific (APAC)]
• Saudi Arabia, U.A.E, South Africa, Egypt, Israel, [Rest of Middle East and Africa (MEA)]
• Brazil, Argentina and [Rest of South America]
Candy Market Share Analysis
The candy market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to candy market.
Key player Candy Market
• Ferrero (Italy)
• Meiji Holdings Co., Ltd (japan)
• THE HERSHEY COMPANY (US)
• Quality Candy Company (US)
• Nestlé (Switzerland), Cloetta (Sweden)
• General Mills Inc. (US)
• Mondelez International (US)
• Mars, Incorporated (US)
• pladis global (UK)
• LOTTE CONFECTIONERY CO.LTD (South Korea)
• Storck (German)
• Perfetti Van Melle (Netherland)
• Candy Rush Muskoka (Canada)
• HARIBO GmbH & Co. KG (Germany)
• Arcor, (Argentina)
• Sweet Candy Company (US)
• THE BANG CANDY COMPANY, (US)
• Palmer-candy (US)
• SUGARFINA USA LLC (US)
• Jelly Belly Candy Company (US)
MAJOR TOC OF THE REPORT
• Chapter One: Introduction
• Chapter Two: Market Segmentation
• Chapter Three: Market Overview
• Chapter Four: Executive Summary
• Chapter Five: Premium Insights
• Chapter Six: Candy Market Share by Product & Procedure type
Get TOC Details:
https://www.databridgemarketresearch.com/toc/?dbmr=global-candy-market
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