Confectionery Market Key Players, Shares, Types, Manufacturers, Industry Analysis, Growth, Trends, Drivers, Challenges 2020 – 2027

Confectionery Market Insights:

This study of the market provides an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for important segments. The report also tracks product and services demand growth forecasts for the industry. The report mentions growth parameters in the regional markets along with major players dominating the regional growth.

The report offers detailed profile and data information analysis of the leading companies in the Confectionery Market:

Mars, Incorporated
Ferrero International
Nestle S.A.
Mondelez International, Inc
Meiji Holdings Co., Ltd.
The Hershey Company
Chocoladefabriken Lindt & Sprungli AG
Ezaki Glico Co., Ltd.
Haribo GmbH & Co. KG
Lotte Confectionery Co. Ltd.

The key drivers of the Confectionery Market are as follows:

The significant factors responsible for the growth of the global confectionery market include rising demand for low sugar products, development of retail market, and rapid product innovation. With the innovation in technologies, companies are focusing on offering improved customer service in to have high customer retention. Consumers’ expectations are growing rapidly, whereas old retail methodologies are becoming outdated. The retail industry is a mature industry with strong competition, where every player is launching multiple innovative products such as the combination of liquid and solid flavors, energy boosts products, and odor sensations. Therefore, the retail players sell their products through different channels such as online retail stores, convenience stores, supermarkets/hypermarkets, and others. Among them, internet retailing is becoming more popular as it offers easy ordering of products within less time. Thereby, growing retail platforms is a major factor that is fuelling the sales of confectionery products.

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With the rising health awareness among the population, customers are shifting their preference toward low sugar products, which helps them in consuming fewer calories and does not affect the taste. Increasing health concerns have drastically shifted the focus of customers from one product to another, which will further bolster the overall revenue of the market. On the other edge of the spectrum, the growing health issues regarding obesity and diabetes will hinder the growth of the market across the globe.

The study objectives of this report are:

To study and forecast the size of the market.
To analyze the key players, SWOT analysis, value, and market share for the leading players.
To define, describe, and forecast the market by different segments.
To analyze the market potential and advantage, opportunity and challenge, restraints and risks.

Segmentation of the Confectionery Market:

Breakup by Type:

Chocolate Confectionary

Dark Chocolate
White and Milk Chocolate

Sugar Confectionery

Boiled Sweets
Toffees, Caramels and Nougat
Pastilles, Gums, Jellies and Chews
Mints
Others

Snack Bar

Cereal Bars
Energy Bars
Others

Breakup by Distribution Channel:

Supermarket/Hypermarket
Specialist Retailers
Online Retail Stores
Convenience Stores
Other Distribution Channels

Breakup by Region:

North America

United States of America
Canada

Asia Pacific

China
Japan
India
Rest of APAC

Europe

United Kingdom
Germany
France
Spain
Rest of Europe

Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)

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