Confectionery Market 2020 Growth, Trend, Opportunity and Future Outlook 2025

Confectionery market has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics has been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. The Market share and Market size prominent players for 2019 to 2024 are profiled in this report.

The global confectionery market is forecasted to witness a CAGR of 3.45% during the forecast period (2019 – 2024).

The Confectionery market is highly competitive and consists of a number of major players: Mars, Incorporated, Ferrero International S.A., Nestle S.A., Mondel_z International, Inc, Meiji Holdings Co., Ltd., The Hershey Company, Chocoladefabriken Lindt & Sprungli AG, EZAKI GLICO CO.,LTD., HARIBO GmbH & Co. KG and Others

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Scope of the Report

The global confectionery market is segmented into segments such as product type, distribution channel, and geography. Under the product type, the market is segmented into chocolate (dark chocolate and white chocolate), sugar confectionery (boiled sweets, mints, pastilles, gums, jellies & chews, toffees, caramels & nougat, and other sugar confectionery products) and snack bar (cereal bars, energy bars, and other snack bars).

Key Market Trends

Increasing Demand for Organic Chocolate

Healthier snacking, along with convenience and taste, is the rising trend among consumers, which is the major strategy adopted by the companies because of the growing demand for healthy snacks. Thus, confectionery companies are introducing convenient packaging that let consumers eat in small portions and preserve the rest for later. Also, snack bars are commonly perceived as a healthier alternative to chocolate or confectionery, and also due to its product variation, in terms of the different nutrition, such as proteins, they are enjoying a strong image as a treat. For instance, in July 2017, Mars Inc. launched a new low-calorie, a low-chocolate content bar called Goodness Knows, which is the first ever low-calorie bar in the past 20 years. The product is made with whole nuts, dried fruits, toasted oats, and dark chocolate.
Moreover, the value of organic chocolate and other food preparations containing cocoa exported from Denmark from 2008 to 2017. In 2017, the export value of organic chocolate and other food preparations containing cocoa from Denmark amounted to roughly 12.6 million Danish kroner. The increase in exports for organic chocolates is also expected to drive the demand for organic-based confectionery market.

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Increasing Popularity of Sugar-free Confectionery around the World

Low-calorie products, such as sugar-free confectionaries, are expected to be the driving force behind the modest growth in the global confectionery market over the forecast period. Also, the high sugar intake is a cause for concern globally, as it is linked to a number of health problems. In order to avoid sugar intake, when consuming candy, many people choose sugar-free options. To make sugar-free chocolate and gums, there are two classes of sweeteners that are typically used; sugar alcohols and artificial sweeteners. For instance, Hershey, the leading US-based chocolate player has sugar-free variants for leading brands, such as Hershey and Reeses, which use maltitol and polyglucitol, instead of sugar. The sugar-reduction movement has caused global manufacturers to use increasing amounts of sugar replacers or natural sweeteners in their new products. This health trend has not only fostered a shift in ingredients for the confectionery industry, but also new pack sizing strategies. The aim of these new formats are to convey greater portion control and lower guilt of buying a treat while boosting impulse purchase.

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What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: Confectionery Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.

The research includes historic data from 2014 to 2019 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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Confectionery Market Global Insights, Trends and Huge Business Opportunities 2019 to 2025

The Confectionery Market report is a collection of pragmatic information, quantitative and qualitative estimation by industry experts, the contribution from industry connoisseurs and industry accomplices across the value chain. Furthermore, the report also provides the qualitative results of diverse market factors on its geographies and segments.

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

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Companies Covered (Sales, Price, Revenue, Volume, Gross Margin and Market Share)-

Mars, Mondelez International, Nestle, Meiji Holdings, Ferrero Group, Hershey Foods, Arcor, Perfetti Van Melle, Haribo, Lindt & Sprngli, Barry Callebaut, Yildiz Holding, August Storck, General Mills, Orion Confectionery, Uniconf, Lotte Confectionery and Other.

Confectionery Breakdown Data by Type

Sugar Type
Chocolate Type
Gum Type

Confectionery Breakdown Data by Application

Festivals
Weddings
Other

Confectionery Global Market Report from Market Insights Reports covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market.The market characteristics section of the report defines and explains the market.The market size section gives the market revenues, covering both the historic growth of the market and forecasting the future. Drivers and restraints look at the external factors influencing the growth of the market.Market segmentations break down the key sub sectors which make up the market.

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Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in the last five years are identified.The trends and strategies section highlights the likely future developments in the market and suggests approaches.

Following are major Table of Content of Confectionery Industry:

  • Confectionery Market Sales Overview.
  • Confectionery Market Sales Competition by Manufacturers.
  • Confectionery Market Sales Analysis by Region.
  • Confectionery Market Sales Analysis by Type.
  • Confectionery Market Analysis by Application.
  • Confectionery Market -Manufacturers Analysis.

The research includes historic data from 2014 to 2018 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Contact US:

Irfan Tamboli (Head of Sales)

Market Insights Reports

Phone: + 1704 266 3234 | Mob: +91-750-707-8687

sales@marketinsightsreports.com | irfan@marketinsightsreports.com