$ 226.38 billion growth expected in Candy Market is rising significantly on a scale
Global Candy Market, By 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)– Industry Trends and Forecast to 2029
Market Analysis and Size
· 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.
· 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. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Market Definition
· 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
Global Candy Market Scope
· The 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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Candy Market Regional Analysis/Insights
The candy market is analysed and market size insights and trends are provided by country, type, age group, price point and distribution channel and end-user as referenced above.
· The countries covered in the candy market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Competitive Landscape and 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.
Some of the major players operating in the candy market are:
· 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)
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MAJOR TOC OF THE REPORT
· INTRODUCTION
· MARKET SEGMENTATION
· EXECUTIVE SUMMARY
· PREMIUM INSIGHTS
· MARKET OVERVIEW
· QUESTIONNAIRE
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