food & BeverageFood & Beverage

Global Sugar Confectionery Market Set to Grow at Healthy CAGR forecast by 2026 with Top Key players like The Hershey Company; Nestlé; Mars, Incorporated; Mondelēz International; HARIBO of America, Inc.; Ferrero; Lindt & Sprüngli; The Kraft Heinz Company

Global Sugar Confectionery Market

Sugar confectioneries are sweet-tasting food products which as the name suggests are rich in sugar quantities. These confectioneries included products such as candies, chocolates, chewing gums, and various other varieties that are made or rich in sugar. The study reveals market dynamics in several geographic segments along with Sugar-Free Confectionery market analysis for the current market environment and future scenario over the forecast period. The report also contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Global Sugar Confectionery Market is expected to grow with a steady CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018, and the historic year of 2017.

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Segmentation: Global Sugar Confectionery Market

By Packaging Type

  • Sachet
  • Box
  • Others

By Distribution Channel

  • Retail Stores
  • Online Stores
  • Others

By Type

  • Pastilles
  • Gums
  • Jellies
  • Caramel & Toffees
  • Hard-Boiled Sweets
  • Medicated Confectionery
  • Mints
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Turkey
    • Belgium
    • Netherlands
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • South Korea
    • India
    • Australia
    • Singapore
    • Malaysia
    • Indonesia
    • Thailand
    • Philippines
    • Rest of Asia-Pacific

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Global Sugar Confectionery Market research report gives methodical idea about the current scenario of the global market, recent developments, product launches, joint ventures, capacity, production value, mergers and acquisitions based on several market dynamics. The report assists in determining and optimizing each stage in the lifecycle of industrial process that includes engagement, acquisition, retention, and monetization. Moreover, the report offers advanced information and scenario about the Food & Beverage industry which helps to stand apart in the competition in this fast paced business environment. Additionally, businesses can make out the response of the consumers to an already existing product in the market.

Key players profiled in this report are:

The Hershey Company; Nestlé; Mars, Incorporated; Mondelēz International; HARIBO of America, Inc.; Ferrero; Lindt & Sprüngli; The Kraft Heinz Company; Perfetti Van Melle; LOTTE CONFECTIONERY CO.LTD.; Adams & Brooks, Inc.; Jelly Belly Candy Company.; AS Kalev,; Mapro Foods Pvt. Ltd.; Barambo;; are few of the major competitors currently present in the market.

Market Drivers:

  • Growth in the disposable income of individuals resulting in adoption of confectionery products for self-consumption as well as for gifting purposes; this factor is expected to drive the market growth
  • Growth in the marketing expenditure and strong publicity activities resulting in growth of adoption for confectionery products

Market Restraints:

  • Vulnerable and fluctuating rate in the prices of raw materials; this factor is expected to act as a restraint to the market growth
  • Increasing population suffering from diabetes resulting in health concerns and decrease in adoption of the product; this factor is expected to restrain the market growth

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