Global Sugar Confectionery Market Size, Share, Forecast, & Industry Analysis 2029
The sugar
confectionery market is an example of a
non-age-restricted segment. For the vast majority of the world's population,
age has never been an impediment to indulging in sugar to satisfy their taste
buds. For over a decade, the market has been growing steadily, and innovations
in flavours and textures are contributing to the market's expansion.
Sugar Confectionery Market Dynamics
Drivers
- Rising expansion of retail channel for
distribution of products
Diversification of products according to the needs
The constant desire to try new ethnic flavours and tastes is a major
driving force in the sugar confectionery market. Over the years, the sugar industry
has shifted its focus to producing healthier products.
Opportunity
The ease of payment for products through online channels, as well as the
wide range of sugar flavours and textures, are important factors driving the
popularity of e-commerce in the sugar confectionery market.
Recent Development
- Hershey's created a sugar 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 sugar bar
by the brand.
- Mars will launch two new vegan sugar bars in
January 2021, just in time for Veganuary. Following the release of its
first free-from sugar, Galaxy Vegan, in 2019, the company has released
vegan versions of two of its most iconic sugar bars, Bounty and Topic.
Global Sugar Confectionery Market Scope
Type
- Pastilles
- Gums
- Jellies
- Caramel & Toffees
- Hard-Boiled Sweets
- Medicated Confectionery
- Mints
- Others
Packaging type
- Sachet
- Box
- Others
Distribution channel
- Retail Stores
- Online stores
- Other
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Sugar Confectionery Market Regional Analysis/Insights
The countries covered in the sugar 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.
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Competitive Landscape and Sugar Confectionery Market Share Analysis
The sugar confectionery 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 sugar confectionery market.
Major Key Player Sugar Confectionery Market
Some of the major players operating in the sugar confectionery market
are:
- Barry Callebaut (Switzerland)
- Olam Group (Singapore)
- The Hershey Company (U.S.)
- Mars, Incorporated (U.S.)
- Ingredion (U.S.)
- DSM (Netherlands)
- Kerry Group plc (Ireland)
- Tate & Lyle (U.K.)
- Nestle SA (Switzerland)
- Cargill, Incorporated (U.S.)
- Blommer Chocolate Company (U.S.)
- Foley's Candies LP (Canada)
Ø Chapter
One: Introduction
Ø Chapter
Two: Market Dynamics
Ø Chapter
Three: Market Scope
Ø Chapter four : Regional Analysis
Ø Chapter Five: Market Share Analysis
Get
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