Majority of the population consuming confectionery products globally falls in the adult age range, constituting (16 to 60 years). It is especially driven by the millennials as they are the highest consumers of chocolate products. Furthermore, brands are targeting their products specifically to this demographic group by adopting trends such as unusual colors, popping candy, hot & spicy options, cooling effects, and more interactive & personalized packaging. However, the geriatric segment is expected to grow at a higher CAGR during the forecast period. By the next decade, majority of the population, especially in developed economies, will be aged 60 years and above. Furthermore, the demand for confectionery products is expected to differ from the existing pattern. This shift in demographics is anticipated to create widespread confectionery market opportunities targeted to the geriatric segment during the forecast period.
The report titled 'Global Sugar Confectionery Market Overview, 2020-2026' published by Actual Market Research identifies and discusses recent developments in sugar confectioneries across the globe. Today sugar is available in different colours flavours which makes them more innovative in taste and this make it more appealing the to consumers. These new innovative items contain starch-based sweeteners which are used for preventing crystallization and reducing hygroscopicity. As per research in the period of 2015 to 2020 the market grew with CAGR of 3.65% and by the end of the forecasted year 2026 it is expected to reach the value of more than USD 65 billion.
Majority of the consumers of confectionery products globally falls under the adult age group that 16 to 60 years age. As per research the demographic shows that most people usually like popping candies, hot& spicy options, unusual colours and more interactive and personalized packaging. With the help of these demographics the brands are improving their products and trying approach more consumers. With the change in consumer preferences, the manufacturers are now focusing on the production of low-calorie, sugar-free, and fibre-rich confectioneries. With this, the sugar-free confectionery segment is expected to witness an anticipated growth rate of 6.34%, in the forecasted period. The increase of promotional activities through social media is also a major reason for the high dominance of the adult age group segment. This segment in the global market share is less than 50%.
With the outbreak of Covid-19, caused a severe impact on the market. The lockdown rules had led to ripple the sugar confectionery business which also impacted on the supply of raw material, trade, uncertain consumer demand and this affected the workforce at the industrial level. One of major factors that affected the market size was the sales, because consumers reduced gifting and impulse buying and that declined the sales gradually.
The other regions like Europe held the highest share of 40% in the year 2015 and it is expected that the market will have a significant growth in the developed countries by increasing sales by the leading brands. It is also expected that by 2026 Latin America with Middle East & Africa is expected to have less 10% of the market share.
Companies Mentioned in the Sugar Confectionery Market are : 1. Mars Wrigley Confectionery, div. of Mars Inc. 2. Ferrero Group 3. Haribo GmbH & Co. K.G. 4. Perfetti Van Melle, Meiji Co. Ltd. 5. Nestle SA 6. Hershey Co. 7. LOTTE CONFECTIONERY CO., LTD. 8. Mondelez International 9. Lindt & Sprungli AG
CONSIDERED IN THE REPORT • Geography: Global • Base year: 2020 • Historical year: 2015 • Forecasted year: 2026
REGIONS COVERED: • North America • Europe • Asia Pacific • Latin America • Middle East & Africa
ASPECTS COVERED IN THE REPORT • Global Market Size By Value for the time period (2015-2026F) • Regional Market Size By Value for the time period (2015-2026F) • Country Wise Market Size By Value for the time period (2015-2026F) • Market Share by Product Type (Hard Boiled Sweets, Plain Mints, Caramel/ Toffee, Chewy, Novelty, Licorice, Sugar-free, Others) By Value • Market Share by Age Group (Children(1-20 Age), Adult (20-55) & Geriatric(55 and above)) By Value • Market Share by Sales Channel (Supermarket/Hypermarket, Convenience Stores, Pharmaceutical & Drug Stores, E-commerce & Others) By Value • Market Share by Region • Market Share by Country • Market Share by Company
This report would help you answer the following questions: 1. What is the market size and forecast of the Sugar Confectionery Market? 2. What are the inhibiting factors and impact of COVID-19 shaping the Sugar Confectionery Market during the forecast period? 3. Which region outstands in the Sugar Confectionery Market? 4. Which are the segments to invest in over the forecast period in the Sugar Confectionery Market? 5. What is the competitive strategic window for opportunities in the Sugar Confectionery Market? 6. What are the technology trends and regulatory frameworks in the Sugar Confectionery Market? 7. What are the major companies in the Sugar Confectionery Market?
Featured Companies
1. Mars Incorporated
2. Meiji Holdings Co., Limited
3. Ferrero SPA
4. Haribo GmbH & Co. K.G.
5. Perfetti Van Melle
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Table of Contents
1. Executive Summary
2. Report Methodology
3. Market Structure
3.1. Market Considerate
3.2. Market Definition
4. Global Sugar Confectionery Market Outlook
4.1. Market Size by Value
4.2. Market Share
4.2.1. By Type
4.2.2. By Age Group
4.2.3. By Sales Channel
4.2.4. By Region
4.2.5. By Country
4.2.6. By Company
5. North America Sugar Confectionery Market Outlook
5.1. Market Size by Value
5.2. Market Share
5.2.1. By Type
5.2.2. By Age Group
5.2.3. By Sales Channel
5.2.4. By Country
5.3. US Sugar Confectionery Market Size by Value
5.4. Canada Sugar Confectionery Market Size by Value
5.5. Mexico Sugar Confectionery Market Size by Value
6. Europe Sugar Confectionery Market Outlook
6.1. Market Size by Value
6.2. Market Share
6.2.1. By Type
6.2.2. By Age Group
6.2.3. By Sales Channel
6.2.4. By Country
6.3. Germany Sugar Confectionery Market Size by Value
6.4. UK Sugar Confectionery Market Size by Value
6.5. France Sugar Confectionery Market Size by Value
6.6. Spain Sugar Confectionery Market Size by Value
6.7. Italy Sugar Confectionery Market Size by Value
7. Asia Pacific Sugar Confectionery Market Outlook
7.1. Market Size by Value
7.2. Market Share
7.2.1. By Type
7.2.2. By Age Group
7.2.3. By Sales Channel
7.2.4. By Country
7.3. China Sugar Confectionery Market Size by Value
7.4. Japan Sugar Confectionery Market Size by Value
7.5. India Sugar Confectionery Market Size by Value
7.6. Australia Sugar Confectionery Market Size by Value
7.7. South Korea Sugar Confectionery Market Size by Value
8. Latin America Sugar Confectionery Market Outlook
8.1. Market Size by Value
8.2. Market Share
8.2.1. By Type
8.2.2. By Age Group
8.2.3. By Sales Channel
8.2.4. By Country
8.3. Brazil Sugar Confectionery Market Size by Value
8.4. Argentina Sugar Confectionery Market Size by Value
8.5. Columbia Sugar Confectionery Market Size by Value
8.6. Chile Sugar Confectionery Market Size by Value
9. Middle East & Africa Sugar Confectionery Market Outlook
9.1. Market Size by Value
9.2. Market Share
9.2.1. By Type
9.2.2. By Age Group
9.2.3. By Sales Channel
9.2.4. By Country
9.3. UAE Sugar Confectionery Market Size by Value
9.4. Saudi Arabia Sugar Confectionery Market Size by Value
9.5. Israel Sugar Confectionery Market Size by Value
9.6. South Africa Sugar Confectionery Market Size by Value
10. Market Dynamics
10.1. Key Drivers
10.2. Key Challenges
11. Market Trends and Developments
12. Company Profiles
12.1. Ferrero Group
12.2. Haribo GmbH & Co. K.G.
12.3. Mars Wrignery
12.4. Meiji Holdings Co. Ltd
12.5. Perfetti Van Melle
13. Strategic Recommendations
14. Disclaimer
List of Figures
Figure 1: Global Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 2: Global Sugar Confectionery Market Share By Age Group (2015, 2020 & 2026F)
Figure 3: North America Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 4: North America Sugar Confectionery Market Share By Age Group (2015, 2020 & 2026F)
Figure 5: US Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 6: Canada Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 7: Mexico Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 8: Europe Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 9: Europe Sugar Confectionery Market Share By Age Group (2015, 2020 & 2026F)
Figure 10: Germany Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 11: UK Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 12: France Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 13: Spain Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 14: Italy Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 15: Asia Pacific Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 16: Asia Pacific Sugar Confectionery Market Share By Age Group (2015, 2020 & 2026F)
Figure 17: China Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 18: Japan Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 19: India Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 20: Australia Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 21: South Korea Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 22: Latin America Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 23: Latin America Sugar Confectionery Market Share By Age Group (2015, 2020 & 2026F)
Figure 24: Brazil Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 25: Argentina Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 26: Columbia Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 27: Chile Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 28: Middle East & Africa Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 29: Middle East & Africa Sugar Confectionery Market Share By Age Group (2015, 2020 & 2026F)
Figure 30: UAE Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 31: Saudi Arabia Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 32: Israel Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 33: South Africa Sugar Confectionery Market Size – By Value 2015 to 2026F (In USD Billion)
List of Tables
Table 1: Global Sugar Confectionery Market Share By Product Type (2015- 2020)
Table 2: Global Sugar Confectionery Market Share By Product Type (2021F-2026F)
Table 3: Global Sugar Confectionery Market Share by Sales Channel (2015, 2020 & 2026F)
Table 4: Global Sugar Confectionery Market Share by Region (2015, 2020 & 2026F)
Table 5: Global Confectionery Market Share by Country (2015, 2020 & 2026F)
Table 6: Global Sugar Confectionery Market Share by Company (2020)
Table 7: North America Sugar Confectionery Market Share By Product Type (2015- 2020)
Table 8: North America Sugar Confectionery Market Share By Product Type (2021F-2026F)
Table 9: North America Sugar Confectionery Market Share by Sales Channel (2015, 2020 & 2026F)
Table 10: North America Sugar Confectionery Market Share By Country (2015, 2020 & 2026F)
Table 11: Europe Sugar Confectionery Market Share By Product Type (2015- 2020)
Table 12: Europe Sugar Confectionery Market Share By Product Type (2021F-2026F)
Table 13: Europe Sugar Confectionery Market Share by Sales Channel (2015, 2020 & 2026F)
Table 14: Europe Confectionery Market Share By Country (2015, 2020 & 2026F)
Table 15: Asia Pacific Sugar Confectionery Market Share By Product Type (2015- 2020)
Table 16: Asia Pacific Sugar Confectionery Market Share By Product Type (2021F-2026F)
Table 17: Asia Pacific Sugar Confectionery Market Share by Sales Channel (2015, 2020 & 2026F)
Table 18: Asia Pacific Sugar Confectionery Market Share By Country (2015, 2020 & 2026F)
Table 19: Latin America Sugar Confectionery Market Share By Product Type (2015- 2020)
Table 20: Latin America Sugar Confectionery Market Share By Product Type (2021F-2026F)
Table 21: Latin America Sugar Confectionery Market Share by Sales Channel (2015, 2020 & 2026F)
Table 22: Latin America Sugar Confectionery Market Share By Country (2015, 2020 & 2026F)
Table 23: Middle East & Africa Sugar Confectionery Market Share By Product Type (2015- 2020)
Table 24: Middle East & Africa Sugar Confectionery Market Share By Product Type (2021F-2026F)
Table 25: Middle East & Africa Sugar Confectionery Market Share by Sales Channel (2015, 2020 & 2026F)
Table 26: Middle East & Africa Confectionery Market Share By Country (2015, 2020 & 2026F)
Table 27: Key Facts of Ferrero Group
Table 28: Key Facts of Haribo GmbH & Co. K.G.
Table 29: Key Facts of Mars Wrignery
Table 30: Key Facts of Meiji Holdings Co. Ltd
Table 31: Key Facts of Perfetti Van Melle
Featured Companies
1. Mars Incorporated
2. Meiji Holdings Co., Limited
3. Ferrero SPA
4. Haribo GmbH & Co. K.G.
5. Perfetti Van Melle
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Frequently Asked Questions ?
The market of sugar confectionery in the period of 2015-2020 grew at a rate of 3.65%.
Through the forecasted period, the market is expected to reach a value of more than USD 65 Billion
Through the forecasted period, the sugar-free segment is expected to be growing at an anticipated growth rate of 6.34%.
By sales channel, the market is dominated by the convenience stores segment, which held nearly 40% of the market in the year 2015
Mars Wrigley Confectionery, div. of Mars Inc., Ferrero Group, Haribo GmbH & Co. K.G., Perfetti Van Melle, Meiji Co. Ltd., Nestle SA, Hershey Co., LOTTE CONFECTIONERY CO., LTD., Mondelez International, Lindt & Sprungli AG
Global Sugar Confectionery Market to grow up to market size of USD 65 Billion: Actual Market Research
Featured Companies
1. Mars Incorporated
2. Meiji Holdings Co., Limited
3. Ferrero SPA
4. Haribo GmbH & Co. K.G.
5. Perfetti Van Melle
Majority of the population consuming confectionery products globally falls in the adult age range, constituting (16 to 60 years). It is especially driven by the millennials as they are the highest consumers of chocolate products. Furthermore, brands are targeting their products specifically to this demographic group by adopting trends such as unusual colors, popping candy, hot & spicy options, cooling effects, and more interactive & personalized packaging. However, the geriatric segment is expected to grow at a higher CAGR during the forecast period. By the next decade, majority of the population, especially in developed economies, will be aged 60 years and above. Furthermore, the demand for confectionery products is expected to differ from the existing pattern. This shift in demographics is anticipated to create widespread confectionery market opportunities targeted to the geriatric segment during the forecast period.
The report titled 'Global Sugar Confectionery Market Overview, 2020-2026' published by Actual Market Research identifies and discusses recent developments in sugar confectioneries across the globe. Today sugar is available in different colours flavours which makes them more innovative in taste and this make it more appealing the to consumers. These new innovative items contain starch-based sweeteners which are used for preventing crystallization and reducing hygroscopicity. As per research in the period of 2015 to 2020 the market grew with CAGR of 3.65% and by the end of the forecasted year 2026 it is expected to reach the value of more than USD 65 billion.
Majority of the consumers of confectionery products globally falls under the adult age group that 16 to 60 years age. As per research the demographic shows that most people usually like popping candies, hot& spicy options, unusual colours and more interactive and personalized packaging. With the help of these demographics the brands are improving their products and trying approach more consumers. With the change in consumer preferences, the manufacturers are now focusing on the production of low-calorie, sugar-free, and fibre-rich confectioneries. With this, the sugar-free confectionery segment is expected to witness an anticipated growth rate of 6.34%, in the forecasted period. The increase of promotional activities through social media is also a major reason for the high dominance of the adult age group segment. This segment in the global market share is less than 50%.
With the outbreak of Covid-19, caused a severe impact on the market. The lockdown rules had led to ripple the sugar confectionery business which also impacted on the supply of raw material, trade, uncertain consumer demand and this affected the workforce at the industrial level. One of major factors that affected the market size was the sales, because consumers reduced gifting and impulse buying and that declined the sales gradually.
The other regions like Europe held the highest share of 40% in the year 2015 and it is expected that the market will have a significant growth in the developed countries by increasing sales by the leading brands. It is also expected that by 2026 Latin America with Middle East & Africa is expected to have less 10% of the market share.
Companies Mentioned in the Sugar Confectionery Market are :
1. Mars Wrigley Confectionery, div. of Mars Inc.
2. Ferrero Group
3. Haribo GmbH & Co. K.G.
4. Perfetti Van Melle, Meiji Co. Ltd.
5. Nestle SA
6. Hershey Co.
7. LOTTE CONFECTIONERY CO., LTD.
8. Mondelez International
9. Lindt & Sprungli AG
CONSIDERED IN THE REPORT
• Geography: Global
• Base year: 2020
• Historical year: 2015
• Forecasted year: 2026
REGIONS COVERED:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
ASPECTS COVERED IN THE REPORT
• Global Market Size By Value for the time period (2015-2026F)
• Regional Market Size By Value for the time period (2015-2026F)
• Country Wise Market Size By Value for the time period (2015-2026F)
• Market Share by Product Type (Hard Boiled Sweets, Plain Mints, Caramel/ Toffee, Chewy, Novelty, Licorice, Sugar-free, Others) By Value
• Market Share by Age Group (Children(1-20 Age), Adult (20-55) & Geriatric(55 and above)) By Value
• Market Share by Sales Channel (Supermarket/Hypermarket, Convenience Stores, Pharmaceutical & Drug Stores, E-commerce & Others) By Value
• Market Share by Region
• Market Share by Country
• Market Share by Company
This report would help you answer the following questions:
1. What is the market size and forecast of the Sugar Confectionery Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Sugar Confectionery Market during the forecast period?
3. Which region outstands in the Sugar Confectionery Market?
4. Which are the segments to invest in over the forecast period in the Sugar Confectionery Market?
5. What is the competitive strategic window for opportunities in the Sugar Confectionery Market?
6. What are the technology trends and regulatory frameworks in the Sugar Confectionery Market?
7. What are the major companies in the Sugar Confectionery Market?
Read More