DUBLIN, March 4, 2024 /PRNewswire/ — The “Global Confectionery Market 2024-2028” report has been added to ResearchAndMarkets.com’s offering.
The global confectionery market is anticipated to experience substantial growth between 2023 and 2028, with projections indicating a boost of USD 64.69 billion, and a compound annual growth rate (CAGR) of 4.94%. This growth is propelled by a variety of factors including innovative product diversity, increased consumer purchasing power, and the rapid pace of urbanization paired with fast-paced lifestyles.
The market’s expansion is comprehensively analyzed by product type, distribution channel, and geographical regions.
Detailed insights reveal significant growth in the following segments:
By Distribution Channel
- Offline retail
- Online retail
By Product
- Chocolate
- Sugar confectionery
- Gums
By Geographical Landscape
- Europe
- North America
- Asia Pacific (APAC)
- South America
- Middle East and Africa
The study pinpoints the escalating traction of online retailing as a notable driver fostering the market’s advance over the next few years. Together with the burgeoning appetite for organic chocolate and the broadening appeal of sugar-free confectionery products, the sector is poised for considerable uptake.
Key Highlights of The Confectionery Market Report:
- Comprehensive sizing and forecasts of the market
- Thorough industry analysis and market trends
- Insightful data synthesis and market summation
- Extensive review of market influencers, such as pricing and competition
- Strategic insights to aid companies in market positioning and growth optimization
- Notable market opportunities outlined through qualitative and quantitative research
The market analysis is founded on a balanced mix of primary and secondary information which includes contributions from pivotal industry participants. The data is reliable, wide-ranging, and the result of in-depth research. This research enables stakeholders to strategically chart their market trajectory and take advantage of rising market opportunities. The report furnishes enterprises with a competitive edge by offering an elaborate vendor landscape and analyzing the key market vendors.
With this insightful confectionery industry report, businesses and decision-makers can now better navigate the complex market dynamics and trends, fine-tuning their strategies to maximize growth potential in the forthcoming years.
For organizations seeking to remain competitive and forward-looking within the confectionery sector, this market analysis is an invaluable asset, providing a complete picture of the market landscape and forecasted growth.
Companies Profiled
- Barry Callebaut AG
- Arcor Group
- Crown Confectionery Co. Ltd
- Chocoladefabriken Lindt and Sprungli AG
- Delfi Ltd.
- Ezaki Glico Co. Ltd.
- Ferrero International S.A.
- Foleys Candies LP
- Fuji Oil Co. Ltd.
- HARIBO GmbH and Co. KG
- Mars Inc.
- Meiji Holdings Co. Ltd.
- Mondelez International Inc.
- Nestle SA
- Parle Products Pvt. Ltd.
- Perfetti Van Melle Group BV
- The Hershey Co.
- Unilever PLC
- United Confectionery Sdn Bhd
- Yildiz Holding AS
For more information about this report visit https://www.researchandmarkets.com/r/vdr52p
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
SOURCE Research and Markets
