A Qualitative Research Study accomplished by Data Bridge Market research's titled as "Functional Confectionery Market" with 100+ market data Tables, Pie Charts, Graphs & Figures spread through Pages and easy to understand detailed analysis. Functional Confectionery market research report has been generated with the systematic gathering and evaluation of market information for Functional Confectionery industry which is presented in a form that explains various facts and figures to the business. This market research report contains thorough analysis of market and numerous related factors that range from market drivers, market restraints, market segmentation, opportunities, challenges, and market revenues to competitive analysis. It lends a hand to companies to take decisive actions to deal with threats in niche market. A brilliant team of analysts, experts, statisticians, forecasters and economists has worked rigorously to generate this advanced and all-inclusive Functional Confectionery market research report.
Data Bridge Market Research analyses that the functional confectionery market which was growing at a value of USD 1.8 billion in 2021 is expected to reach the value of USD 2.98 billion by 2029, at a CAGR of 9.10% during the forecast period OF 2022-2029. 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 consumer behaviour.
Download Sample Copy of Functional Confectionery Market Report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-functional-confectionery-market
Market Definition
Functional confectionery refers to candy or snacks that have been enhanced with additional health benefits. These items may be intended to improve oral health, provide energy, or strengthen the immune system. Functional confectionery can also be used to provide the body with vitamins and minerals.
Report Scope and Market Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2022 to 2029 |
Base Year | 2021 |
Historic Years | 2020 (Customizable to 2019 - 2014) |
Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered | Nature (Organic, Conventional), Type (Sugar Confectionery, Bakery Confectionery, Chocolate Confectionery), Function (Cognitive Wellness, Performance Enhancers, Wellness Enhancers, Oral Care, Others), Ingredients (Protein, Omega 3 and Omega 6, Vitamins and Minerals, Probiotics, Others), Application (Children, Middle Age, Senior, Youth), Distribution Channel (Direct Sales, Indirect Sales) |
Countries Covered | U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, 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 |
Market Players Covered | Barry Callebaut (Switzerland), Olam International (Singapore), The Hershey Company (U.S.), Mars, Incorporated (U.S.), Ingredion Incorporated (U.S.), Koninklijke DSM N.V. (Netherlands), Kerry Group plc (Ireland), and Tate & Lyle PLC (U.K.), Nestle SA (Switzerland), Cargill, Incorporated (U.S.), Blommer Chocolate Company (U.S.), Foley's Candies LP (Canada), Puratos Group Nv (Belgium), Ferrero International S.A. (Italy) |
Opportunities |
|
Functional Confectionery Market Dynamics
Drivers
- Rising expansion of retail channel for distribution of products
One of the major trends driving the evolution of the functional confectionery market is advancements in online retail. Convenience stores, supermarkets, specialty stores, drug stores, and hypermarkets are all large distribution channels for products. Continuous efforts by retailers and manufacturers to expand their supply and distribution chain have played an important role in increasing access to products in the Functional Confectionery market.
- Diversification of products according to the needs
The constant desire to try new ethnic flavours and tastes is a major driving force in the functional confectionery market. Over the years, the functional industry has shifted its focus to producing healthier products. The growing health-conscious population, particularly in emerging economies, is driving this trend. The evolution of the functional confectionery market has been fuelled by advances in organised retail in developing regions.
Opportunity
The ease of payment for products through online channels, as well as the wide range of functional flavours and textures, are important factors driving the popularity of e-commerce in the functional confectionery market. Furthermore, Functional confectionery is increasingly being used in the formulation of a wide variety of beverages and confectionery products, such as cakes, milkshakes, croissants, and hot functional, which is contributing to the global functional confectionery market's growth.
Restraints
However, the easy availability of product substitutes, stringent government regulations pertaining to quality standardisation, and supply chain disruptions caused by the pandemic will limit the scope of growth for the functional milk market. The high cost of R&D activities, as well as the volatility of raw material prices, will stymie the functional confectionery market's growth rate. Other market growth restraints include rising obesity prevalence, high sugar levels in patients, and a rising incidence rate of diabetes globally.
This functional confectionery market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the functional confectionery market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- Hershey's created a functional bar in February 2022 to commemorate All Women and Girls. The "Celebrate SHE" bars are a limited edition. SHE was highlighted in the centre of the milk functional bar by the brand.
- Cadbury, a brand of Mondelez International, introduced the Twist Wrap packaging solution for its Duos range in January 2022, allowing consumers to snack in small portions by twisting and sealing the package after consuming half of the functional bar.
- In collaboration with Lagardère, Ferrero will pre-launch the new Ferrero Rocher Tablets in the travel-retail channel in September 2021. Ferrero enters the functional tablet market with the new product, which is available in three flavours: milk, dark 55 percent cocoa, and white.
- Mars will launch two new vegan functional bars in January 2021, just in time for Veganuary. Following the release of its first free-from functional, Galaxy Vegan, in 2019, the company has released vegan versions of two of its most iconic functional bars, Bounty and Topic.
Some of the major players operating in the Functional Confectionery market are:
- Barry Callebaut (Switzerland)
- Olam International (Singapore)
- The Hershey Company (U.S.)
- Nestle SA (U.S.)
- Ingredion Incorporated (U.S.)
- Mars, Incorporated (U.S.)
- Koninklijke DSM N.V. (Netherlands)
- Kerry Group plc (Ireland)
- Tate & Lyle PLC (U.K.)
- Cargill, Incorporated (U.S.)
- Blommer Chocolate Company (U.S.)
- Foley's Candies LP (Canada)
- Puratos Group Nv (Belgium)
- Ferrero International S.A. (Italy)
To Get Full Research Report, Click Here @ https://www.databridgemarketresearch.com/reports/global-functional-confectionery-market
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Functional Confectionery market
- Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Functional Confectionery Market
Consider Data Bridge Market Research for this Report which would Help Impact Your Revenues Positively
- This study offers the latest product news, trends, and updates from the industry's leading players who have leveraged their market position.
- It also offers strategic plans and standards to arrive at informed business decisions adopted by the main players, thereby advocating your go to market strategies.
- In addition, it offers insights into the dynamics of customer behavior that can help the organization better curate market strategies
- Usage of exclusive tailor-made tools along with primary research, secondary research and our in-house data model helps us in extracting the exact market numbers
- Mapping the customer in 3P grid comprising of Purpose, Planning and Positioning, thereby delivering a solution by keeping the prospecting client at the sweet spot
- The market research report includes all of the market's valuable elements, such as sales growth, product pricing & analysis, growth opportunities, and recommendations for addressing market challenges
- The Functional Confectionery report covers all the primary mergers & acquisitions, alliances, and collaborations that have generated additional opportunities for market players or in some cases, challenges
To Gain More Insights about this Research, Visit @ https://www.databridgemarketresearch.com/checkout/buy/enterprise/global-functional-confectionery-market
Key Industry Segmentation: Functional Confectionery Market
The functional confectionery market is segmented on the basis of nature, type, function, ingredients, application 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.
Nature
- Organic
- Conventional
Type
- Sugar Confectionery
- Chewing gums
- Hard candy
- Boiled candy
- Others
- Bakery Confectionery
- Pastries
- Doughnuts
- Cookies
- Others
- Chocolate Confectionery
- Dairy bars
- Fudge
- Granola
- Dark chocolates
- Others
Function
- Cognitive Wellness
- Performance Enhancers
- Wellness Enhancers
- Oral Care
- Others
Ingredients
- Protein
- Omega 3 and Omega 6
- Vitamins and Minerals
- Probiotics
- Others
Application
- Children
- Middle Age
- Senior
- Youth
Distribution channel
- Direct sales
- Gyms
- Health clubs
- Institutions
- Others
- Indirect sales
- Modern grocery retailers
- Hypermarkets/supermarkets
- Convenience stores
- Discount stores
- Traditional grocery retailers
- Food and drink specialty stores
- Independent small groceries
- Others
- Online retail
Regional Analysis/Insights: Functional Confectionery Market
The functional confectionery market is analysed and market size insights and trends are provided by country, nature, type, function, ingredients, application and distribution channel as referenced above.
The countries covered in the functional confectionery market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, 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.
Asia-Pacific dominated the global market and is expected to do so again during the forecast period. This region's expansion can be attributed to rising demand for sugar confectionery products such as chocolates from emerging markets such as India and China. Furthermore, rising consumer health consciousness is expected to drive demand for functional foods in Asia-Pacific.
North America accounted for a sizable portion of global revenue, owing to rising consumer preference for healthy living and increased spending on nutritional dietary supplements. Furthermore, key manufacturers like Mars Inc., Lindt, and Barry Callebaut have boosted product penetration in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Global Functional Confectionery Market: Regulations
- Market Overview
- Global Functional Confectionery Market, By Variety
- Global Functional Confectionery Market, By Packaging Size
- Global Functional Confectionery Market, By Application
- Global Functional Confectionery Market, By Distribution Channel
- Global Functional Confectionery Market, By Region
- Global Functional Confectionery Market: Company Landscape
- SWOT Analyses
- Company Profile
- Questionnaires
- Related Reports
To Check the Complete Table of contents, click here @ https://www.databridgemarketresearch.com/toc/?dbmr=global-functional-confectionery-market
Explore More Reports:
Middle East and Africa Insect Protein Market Business Research Report Latest Innovations Production Consumption Volume Best Impact Role - Forecast
https://www.databridgemarketresearch.com/reports/middle-east-and-africa-insect-protein-market
Glass Tableware Market - Detailed Analysis of Current Industry Figures with Forecasts Growth By
https://www.databridgemarketresearch.com/reports/global-glass-tableware-market
Tapioca Market by Comprehensive Landscape, Technology, Current Statistics, Business Strategies and Upcoming Trends
https://www.databridgemarketresearch.com/reports/global-tapioca-market
Phytonutrient Ingredients Market Huge Demand by Globally with Top Key Players, New Innovations, Business Strategies, Trend and Forecasts
https://www.databridgemarketresearch.com/reports/global-phytonutrient-ingredients-market
Hemp Beer Market to Witness Exponential Rise in Revenue Share During the Forecast Period -
https://www.databridgemarketresearch.com/reports/global-hemp-beer-market
Frozen Food Preservatives Market Study for to Providing Information on Key Players, Growth Drivers and Industry Challenges
https://www.databridgemarketresearch.com/reports/global-frozen-food-preservatives-market
Goat Milk Oligosaccharides Market Future, Revenue, Major Manufacturers, Top Countries and
https://www.databridgemarketresearch.com/reports/global-goat-milk-oligosaccharides-market
Frozen Novelty Market Overview with Detailed Analysis, Competitive Landscape,
https://www.databridgemarketresearch.com/reports/global-frozen-novelty-market
Commercial Balsamic Vinegar Market Market Size, Technological Innovations, Competitive Landscape and
https://www.databridgemarketresearch.com/reports/global-commercial-balsamic-vinegar-market
Nuts Allergen Testing Market Production, Revenue, Price and Gross Margin Analysis with
https://www.databridgemarketresearch.com/reports/global-nuts-allergen-testing-market
Unsweetened Almond Milk Market Global Industry Forecasts Analysis, Competitive Landscape and Key Regions Analysis
https://www.databridgemarketresearch.com/reports/global-unsweetened-almond-milk-market
Sweet Dark Chocolate Market Revenue Analysis Report with Future Business Scope & New Investment plans for next 5 years
https://www.databridgemarketresearch.com/reports/global-sweet-dark-chocolate-market
Dairy Protein Market Growth in Technological Innovation, Competitive Landscape Mapping The Trends And Outlook For Next 5 Years
https://www.databridgemarketresearch.com/reports/global-dairy-protein-market
Food Humectants Market Outlook, Geographical Segmentation, Industry Size & Share, Comprehensive
https://www.databridgemarketresearch.com/reports/global-food-humectants-market
Commercial Cleaning Equipment Market Outlook, Geographical Segmentation, Industry Size & Share
https://www.databridgemarketresearch.com/reports/global-commercial-cleaning-equipment-market
North America Commercial Cleaning Equipment Market Industry Insights by Global Players, Regional Segmentation, Growth, Applications, Major Drivers and Forecast till
https://www.databridgemarketresearch.com/reports/north-america-commercial-cleaning-equipment-market
Aseptic Processing Market Size , Top Key Players, Share, Demand, Opportunities and
https://www.databridgemarketresearch.com/reports/global-aseptic-processing-market
Mutligrain Snack Pellets Market Trends Industry Growth, Share, Size, Demand and Future Scope
https://www.databridgemarketresearch.com/reports/global-mutligrain-snack-pellets-market
High Pressure Processing Equipment Market Determined By Manufacturing Summary, Business Profile And Estimate
https://www.databridgemarketresearch.com/reports/global-high-pressure-processing-equipment-market
About Data Bridge Market Research:
An absolute way to forecast what future holds is to comprehend the trend today!
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.
Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies have a network of more than 5000+ clientele around the globe. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.
Contact:
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475