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Global Confectionery Market 2020 Analysis May Set New Growth Story, Forecast to 2026 – X herald

The global confectionery market is anticipated to grow with considerable CAGR during the forecast period (2020-2026). The confectionery market has gained significant popularity across the globe owing to the increasing product innovations, retail market expansion, strong advertisement campaigns among others. Besides, the “better for you” sweets and candies demand is also increasing with consumers preferring a mix of healthy and indulgent treat options. This will also catalyze the growth of the global confectionery market during the forecast period.

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Additionally, the emphasis of manufacturers on developing new flavors, packaging, and textures to suit the continuously changing consumer demands is also increased during recent years. The manufacturers are combining lower sugar content with other functional benefits in their confection offering to cater to the rising health concerns across the globe. This has significantly increased the adoption of confectionery products among health-conscious consumers. For instance, in April 2020, SamrtSweet launched plant-based low sugar chews. The low sugar treats will be available in watermelon, strawberry, and mango flavors. Moreover, the demand for premium treats that are expensive yet considered healthy and sophisticated by consumers is also increasing significantly in the last few decades. All these factors combined are anticipated to drive the growth of the global confectionery market during the forecast period.

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Market Coverage

  • The market number available for – 2019-2026
  • Base year- 2019
  • Forecast period- 2020-2026
  • Segment Covered:

o By Type

o By Distribution Channel

o North America

o Europe

o Asia-Pacific

o Rest of the World

  • Competitive Landscape- Mars, Inc., Meiji Holding Co. Ltd., Nestle S.A., The Kraft Heinz Co., The Hershey Co.

Global Confectionery Market Report Segment

By Type

  • Sugar Confectionery
  • Chocolate Confectionery
  • Bakers Confectionery

By Distribution Channel

  • Supermarkets/ Hypermarkets
  • Convenience Stores
  • Online Channel

Global Confectionery Market Report By Geography

North America

Europe

  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe

Asia-Pacific

  • China
  • India
  • Japan
  • Rest of Asia-Pacific

Rest of the World

  • Latin America
  • Middle East & Africa

Reasons to Buying From us –

1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:

Contact Person: Mr. Anurag Tiwari

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Press Release Distributed by Xherald

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