Data Bridge Market research has recently released expansive research titled "Global Hard Candy Market" guarantees you will remain better informed than your competition. This study provides the broader perspective of the market place with its comprehensive market insights and analysis which eases surviving and succeeding in the market. Hard Candy market research report is composed of myriad of factors that have an influence on the market and include industry insight and critical success factors (CSFs), market segmentation and value chain analysis, industry dynamics, market drivers, market restraints, key opportunities, technology and application outlook, country-level and regional analysis, competitive landscape, company market share analysis and key company profiles. In addition, businesses can gain insights into profit growth and sustainability programme with this report. Business intelligence is an essential aspect when it comes to accomplish thorough and wide-ranging market insights and the same is applied for producing Hard Candy market report.
Data Bridge Market Research analyses that the hard candy market was valued at USD 225.46 billion in 2021 and is expected to reach the value of USD 306.19 billion by 2029, at a CAGR of 3.90% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Market Definition
Candies are the most-preferred sugar confectionary products across the world. Caramels, gummies, hard candies, hard boiled candies and others are consumed widely amongst all the age groups. Hard candies are available in different shapes, sizes, flavours and colours. They provide various valuable nutritive qualities such as protein, vitamin and mineral content for general well-being. Therefore, the growing number of confectionaries because of the rising consumption of hard candies across the globe is creating certain lucrative growth factors for the hard candy market.
Hard Candy Market Scope and Segmentation
| REPORT METRIC | DETAILS |
| Forecast Period | 2022 to 2029 |
| Base Year | 2021 |
| Historic Years | 2020 (Customizable to 2014 - 2019) |
| Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
| Segments Covered | Flavour (Mint Hard Candy, Caramel Hard Candy, Butterscotch Hard Candy, Fruit Hard Candy, Chocolate Hard Candy, Others), Type (Pop Rocks, Lollipop, Traditional), Applications (Hypermarkets and Supermarkets, Drug Stores, Specialty Stores, Retail Stores) |
| 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 | Perfetti Van Melle (Netherlands), Arcor (Argentina), THE HERSHEY COMPANY. (U.S.), Strauss Group (Israel), TIGER BRANDS (South Africa), LOTTE CONFECTIONERY CO.,LTD. (South Korea), Storck USA, L.P. (U.S.), Nestlé (Switzerland), Mars, Incorporated (U.S.), Ferrero (Italy), Mondelez International. (U.S.), Meiji Holdings Co., Ltd. (Japan), Surya Food And Agro (India), DS Group. (India), UHA Mikakuto Co.,Ltd. (Japan), Yum Earth, Inc. (U.S.), Dum Dums (U.S.), Tootsie Roll Inc. (U.S.), Ferrara Candy Company. (U.S.) |
| Opportunities |
|
Global Hard Candy Market Dynamics
Drivers
- Rise in the disposable income and population
The primary factor driving the hard candy market is rising disposable income among people all over the world. The increased population in various age groups especially children and young population have increased the consumption levels of candies up to a significant level. A large number of people and their disposable incomes and changing preferences for confectionary products are the factors fuelling the growth of the hard candy market.
- Rapid advancements in the candy products
The growing availability of various types of candies has increased the demands of hard candies across the globe. Rapid innovations in the growing products driven by the rapids demands of the chocolate hard candies and other flavoured products are expected to generate significant growth opportunities thereby, fuelling the growth of the hard candy market.
Opportunities
- Increasing demand for different flavours
Increased population along with the prevalence of improved and advanced distribution will create certain lucrative growth opportunities for the market over the forecasted period. Additionally, rapid innovations in the growing products driven by the rapids demands of the chocolate hard candies, butterscotch hard candies in the regions of large populations and other flavoured products are expected to generate significant growth opportunities for the hard candy market as well.
Restraints
- Growing dental problems
The presence of high sugar content along with increasing occurrences of dental problems will act as major restraints on the growth of the hard candy market in the forecast period. Moreover, the growing awareness regarding the health consciousness in terms of candies is expected to lower the demands worldwide, which will obstruct the market growth.
This hard candy 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 hard candy market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
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Hard Candy Market, By Region:
The hard candy market is analysed and market size insights and trends are provided by flavour, type and applications as referenced above.
The countries covered in the hard candy 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 dominates the hard candy market because of increasing number of children and young population along with the rise of the media advertisement to promote the sale of product within the region.
North America is expected to grow during the forecasted period of 2022-2029 due to rising consumption of product along with increased disposable income within the 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.
Reasons to Consider This Report:
- Save the time and resources required for entry level research by getting an insight into the leading players and segments of global Hard Candy market.
- The report highlights key business priorities which will help companies to reform their business strategies and establish themselves in the global market.
- The key findings and recommendations given in the report emphasize on crucial progressive industry trends in the Hard Candy Market thereby enabling players to develop effective long term strategies in order to garner their market revenue.
- Gain crucial insights into global market trends and outlook and the factors driving and hindering market growth.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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Queries Resolved In This Report:
- Which will be the specialties at which Market players profiling with intensive designs, financials, and furthermore, ongoing headways should set a nearness?
- Which will be the foreseen development rates for your own economy out and out and furthermore for each portion inside?
- Which will be the application and sorts and estimate joined intently by makers?
- What will be the dangers that will attack growth?
- The length of the global market opportunity?
- How does Market share advance vacillations their value from various assembling brands?
Table of Contents: Global Hard Candy Market
Introduction
Market Segmentation
Executive Summary
Premium Insight
Market Overview
Covid-19 Impact on Hard Candyin Healthcare Industry
Global Hard Candy Market, by Product Type
Global Hard Candy Market, by Modality
Global Hard Candy Market, by Type
Global Hard Candy Market, by Mode
Global Hard Candy Market, by End User
Global Hard Candy Market, by Geography
Global Hard Candy Market, Company Landscape
Swot Analysis
Company Profiles
Questionnaire
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Check Complete Table of Contents with List of Table and Figures @ https://www.databridgemarketresearch.com/toc/?dbmr=global-hard-candy-market
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