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Confectionery Market by Product Type (Hard-Boiled Sweets, Mints, Gums & Jellies, Chocolate, Caramels & Toffees, Medicated Confectionery, Fine Bakery Wares, and Others), Age Group (Children, Adult, and Geriatric), Price Point (Economy, Mid-Range, and Luxury), and Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Pharmaceutical & Drug Stores, Food Services, Duty-Free Outlets, E-Commerce, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2027

A01535
Pages: 320
Oct 2020 | 70683 Views
 
Author(s) : Bhavana Thorat , Roshan Deshmukh
Tables: 123
Charts: 64
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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The global confectionery market was valued at $210.3 billion in 2019, and is projected to reach $270.5 billion by 2027, registering a CAGR of 3.6%. In 2019, the chocolate segment accounted for the highest confectionery market share. Confections refer to food items that are rich in sugar and carbohydrates. It includes a wide range of products such as chocolates, cookies, bars, gummies, mints, and others.   

Consumer habits, tastes, and preferences are constantly evolving. This has led to innovation in the field of confectionery that drives the market growth. Manufacturers are increasing their product range by including functional ingredients, organic herbal fillings, tropical fruit, and nut-based & exotic flavors in product formulations to meet changing consumer demands. Furthermore, the trend of gifting confectionery products, such as cookies, chocolates, bakery items, and others, has enabled to propel the market growth in the recent years. Brands are constantly establishing unique engaging techniques to seek consumer attention as confectionery products are significantly purchased as a result of impulse buying. These factors have cumulatively enabled to drive the market for confectionery products. However, the volatile nature of raw material prices of sugar and cocoa can hamper the growth of the market. 

Confectionery-Market,-2021-2027

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The outbreak of COVID-19 has caused a severe impact on the confectionery market. The stringent rules and lockdown during the course of 2020 have led to repercussions in the confectionery business, which caused differential impact on raw material supply (agricultural produce, food ingredients, and intermediate food products), trade & logistics, demand-supply volatility, uncertain consumer demand, and affected the workforce at industrial level. One of the major factors that affected the confectionery industry during the lockdown was sales decline as a result of reduced gifting and impulse buying among consumers across the globe.   

Confectionery Market
By Product Type

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The medicated confectionery segment would witness the fastest growth, registering a CAGR of 4.10% during the forecast period.

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According to the confectionery market analysis, the market is segmented on the basis of product type, age group, price point, distribution channel, and region. Based on product type, the market is categorized into hard-boiled sweets, mints, gums & jellies, chocolate, caramels & toffees, medicated confectionery, fine bakery wares, and others. By age group, the market is classified into children, adults, and geriatric. Based on price point, the market is distributed into economy, mid-range, and luxury. By distribution channel, the market is divided into supermarket/hypermarket, convenience stores, pharmaceutical & drug stores, food services, duty-free outlets, e-commerce and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

On the basis of product type, the chocolate category was the dominant segment in 2019 with 35.2% market share. Consumers of all age groups consume chocolate confectionery to satisfy their taste buds. The growth in economic prosperity, especially in emerging countries has driven the market for the chocolate segment. Furthermore, chocolate is the highest per capita (kg) consumed confectionery product across several countries. However, the medicated confectionery segment is anticipated to grow at a faster rate during the forecast period. The increase in prevalence of minor ailments and over-the-counter medications or dietary supplements requires active ingredients such as antacids, vitamins, and herbal extracts. These products majorly propel the growth of the medicated confectionery segment. Furthermore, the rapid growth in geriatric population in the next 10 years is anticipated to boost the market growth for the medicated confectionery segment.  

Confectionery Market
By Age Group

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Geriatric segment would witness the fastest growth, registering a CAGR of 4.50% during the forecast period.

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On the basis of age group, the adult category was the dominant segment in 2019 with 58.1% market share. 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 predicted to differ from the existing pattern. This shift in demographics is anticipated to create widespread confectionery market opportunities that are targeted to the geriatric segment during the forecast period. 

On the basis of price point, the economy category was the dominant segment in 2019 with 44.6% market share. Confectionery products in the economy category are targeted for mass consumption. It comprises the least priced items, and is generally affordable by consumers across all economies. Consumers look for good value, especially when choosing chocolates. However, the mid-range segment is expected to grow at a higher CAGR during the forecast period. The rise in disposable income and factors, such as product innovation, changing consumer tastes/lifestyles, and marketing/promotion activities, are expected to propel the confectionery market growth for the mid-range products segment. 

Confectionery Market
By Price Point

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Mid-range segment woud witness the fastest growth, registering a CAGR of 3.70% during the forecast period.

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On the basis of distribution channel, the supermarket/hypermarket category was the dominant segment in 2019 with 37.9% market share. The growth of the supermarket/hypermarket segment in the confectionery market is attributed to increase in adoption of supermarket/hypermarket in the mature and emerging markets. The one-stop solution provided by these retail formats makes it a very popular option for shopping among consumers. However, the e-commerce segment is expected to grow at a higher CAGR during the forecast period. The establishment of online portals for confectionery products especially in developing countries with large population using the internet boosts the market growth. This platform offers a number of discounts on online purchase of confectionery to attract more customers. Emergence of advanced technology fosters the growth of online business across the globe.  

Confectionery Market
By Distribution Channel

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The e-commerce segment would witness the fastest growth, registering a CAGR of 5.70% during the forecast period.

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On the basis of region, Europe accounts for a major share in the confectionery market with predominance in the chocolate confectionery segment. However, the Asia-Pacific region is expected to witness significant CAGR during the confectionery market forecast period as a result of growing disposable income, increasing population, and new brand launches from established players.  

The key players operating in the global confectionery market include Mars, Incorporated, Mondelez International, Inc., Nestlé S.A., Ferrero Group, Meiji Co., Ltd., The Hershey Company, Chocoladefabriken Lindt & Sprüngli AG, Ezaki Glico Co., Ltd., Haribo GmbH & Co. K.G., and Pladis. 

Confectionery Market
By Region

2027
Europe 
North America
Asia-pacific
Lamea

Asia-Pacific region woud witness the fastest growth, registering a CAGR of 4.50% during the forecast period.

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Key benefits for stakeholders

  • The report provides a quantitative analysis of the current confectionery market trends, estimations, and dynamics of the market size from 2021 to 2027 to identify the prevailing opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis and the confectionery market size & segmentation assist to determine the prevailing opportunities.
  • The major countries in each region are mapped according to their revenue contribution to the market. 
  • The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the confectionery industry.

Key market segments

By Product Type

  • Hard-boiled Sweets
  • Mints
  • Gums & Jellies
  • Chocolate
  • Caramels and Toffees
  • Medicated Confectionery
  • Fine Bakery Wares
  • Others

By Age Group

  • Children
  • Adult
  • Geriatric

By Price Point

  • Economy
  • Mid-Range
  • Luxury 

By Distribution Channel

  • Supermarket/Hypermarket
  • Convenience Stores
  • Pharmaceutical & Drug Stores
  • Food Services
  • Duty-free Outlets
  • E-commerce
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy 
    • Spain  
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia   
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil 
    • Saudi Arabia
    • South Africa
    • Turkey 
    • Rest of LAMEA 
 

 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key market segments
1.3.Key market benefits for stakeholders
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study

2.1.1.Top investment pocket

2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Porter's five forces analysis

3.1.1.Bargaining power of suppliers
3.1.2.Bargaining power of buyer
3.1.3.Threat of new entrants
3.1.4.Threat of substitute
3.1.5.Intensity of competitive rivalry

3.2.Value chain analysis
3.3.Parent market overview
3.4.Market dynamics snapshot

3.4.1.Drivers

3.4.1.1.Product innovation
3.4.1.2.Economic growth and rising disposable income
3.4.1.3.Retail market expansion
3.4.1.4.Growing trend towards gifting confectionery items

3.4.2.Restraint

3.4.2.1.Growing health awareness
3.4.2.1.Fluctuating costs and availability of raw materials

3.4.3.Opportunities

3.4.3.1.Rise in demand for organic and premium candies
3.4.3.2.Growing demand for sugar free & low-calorie products

3.5.COVID-19 impact on global confectionery market

CHAPTER 4:GLOBAL CONFECTIONERY MARKET, BY PRODUCT TYPE

4.1.Overview

4.1.1.Market size and forecast

4.2.Hard-boiled sweets

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast
4.2.3.Market analysis by country

4.3.Mints

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast
4.3.3.Market analysis by country

4.4.Gums & Jellies

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast
4.4.3.Market analysis by country

4.5.Chocolate

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast
4.5.3.Market analysis by country

4.6.Caramels & toffees

4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast
4.6.3.Market analysis by country

4.7.Medicated confectionery

4.7.1.Key market trends, growth factors, and opportunities
4.7.2.Market size and forecast
4.7.3.Market analysis by country

4.8.Fine bakery wares

4.8.1.Key market trends, growth factors, and opportunities
4.8.2.Market size and forecast
4.8.3.Market analysis by country

4.9.Others

4.9.1.Key market trends, growth factors, and opportunities
4.9.2.Market size and forecast
4.9.3.Market analysis by country

CHAPTER 5:GLOBAL CONFECTIONERY MARKET, BY AGE GROUP

5.1.Overview

5.1.1.Market size and forecast

5.2.Children

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast
5.2.3.Market analysis by country

5.3.Adult

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast
5.3.3.Market analysis by country

5.4.Geriatric

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast
5.4.3.Market analysis by country

CHAPTER 6:GLOBAL CONFECTIONERY MARKET, BY PRICE POINT

6.1.Overview

6.1.1.Market size and forecast

6.2.Economy

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast
6.2.3.Market analysis by country

6.3.Mid-range

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast
6.3.3.Market analysis by country

6.4.Luxury

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast
6.4.3.Market analysis by country

CHAPTER 7:GLOBAL CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL

7.1.Overview

7.1.1.Market size and forecast

7.2.Supermarket/Hypermarket

7.2.1.Key market trends, growth factors and opportunities
7.2.2.Market size and forecast
7.2.3.Market analysis by country

7.3.Convenience stores

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast
7.3.3.Market analysis by country

7.4.Pharmaceutical & Drugs Stores

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast
7.4.3.Market analysis by country

7.5.Food services

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast
7.5.3.Market analysis by country

7.6.Duty-free outlets

7.6.1.Key market trends, growth factors, and opportunities
7.6.2.Market size and forecast
7.6.3.Market analysis by country

7.7.E-commerce

7.7.1.Key market trends, growth factors, and opportunities
7.7.2.Market size and forecast
7.7.3.Market analysis by country

7.8.Others

7.8.1.Key market trends, growth factors, and opportunities
7.8.2.Market size and forecast
7.8.3.Market analysis by country

CHAPTER 8:GLOBAL CONFECTIONERY MARKET, BY REGION

8.1.Overview
8.2.North America

8.2.1.Overview
8.2.2.Key market trends, growth factors, and opportunities
8.2.3.Market size and forecast by product type
8.2.4.Market size and forecast by age group
8.2.5.Market size and forecast by price point
8.2.6.Market size and forecast by distribution channel
8.2.7.Market size and forecast by country
8.2.8.U.S.

8.2.8.1.Market size and forecast, by product type
8.2.8.2.Market size and forecast, by age group
8.2.8.3.Market size and forecast, by price point
8.2.1.Market size and forecast by distribution channel

8.2.2.Canada

8.2.2.1.Market size and forecast, by product type
8.2.2.2.Market size and forecast, by age group
8.2.2.3.Market size and forecast, by price point
8.2.1.Market size and forecast by distribution channel

8.2.2.Mexico

8.2.2.1.Market size and forecast, by product type
8.2.2.2.Market size and forecast, by age group
8.2.2.3.Market size and forecast, by price point
8.2.1.Market size and forecast by distribution channel

8.3.Europe

8.3.1.Overview
8.3.2.Key market trends, growth factors, and opportunities
8.3.3.Market size and forecast by product type
8.3.4.Market size and forecast by age group
8.3.5.Market size and forecast by price point
8.3.6.Market size and forecast by distribution channel
8.3.7.Market size and forecast by country
8.3.8.Germany

8.3.8.1.Market size and forecast, by product type
8.3.8.2.Market size and forecast, by age group
8.3.8.3.Market size and forecast, by price point
8.3.9.Market size and forecast by distribution channel

8.3.10.France

8.3.10.1.Market size and forecast, by product type
8.3.10.2.Market size and forecast, by age group
8.3.10.3.Market size and forecast, by price point
8.3.11.Market size and forecast by distribution channel

8.3.12.UK

8.3.12.1.Market size and forecast, by product type
8.3.12.2.Market size and forecast, by age group
8.3.12.3.Market size and forecast, by price point
8.3.13.Market size and forecast by distribution channel

8.3.14.Italy

8.3.14.1.Market size and forecast, by product type
8.3.14.2.Market size and forecast, by age group
8.3.14.3.Market size and forecast, by price point
8.3.15.Market size and forecast by distribution channel

8.3.16.Spain

8.3.16.1.Market size and forecast, by product type
8.3.16.2.Market size and forecast, by age group
8.3.16.3.Market size and forecast, by price point
8.3.17.Market size and forecast by distribution channel

8.3.18.Rest of Europe

8.3.18.1.Market size and forecast, by product type
8.3.18.2.Market size and forecast, by age group
8.3.18.3.Market size and forecast, by price point
8.3.19.Market size and forecast by distribution channel

8.4.Asia-Pacific

8.4.1.Overview
8.4.2.Key market trends, growth factors, and opportunities
8.4.3.Market size and forecast by product type
8.4.4.Market size and forecast by age group
8.4.5.Market size and forecast by price point
8.4.6.Market size and forecast by distribution channel
8.4.7.Market size and forecast by country

8.4.8.China

8.4.8.1.Market size and forecast, by product type
8.4.8.2.Market size and forecast, by age group
8.4.8.3.Market size and forecast, by price point
8.4.9.Market size and forecast by distribution channel

8.4.10.India

8.4.10.1.Market size and forecast, by product type
8.4.10.2.Market size and forecast, by age group
8.4.10.3.Market size and forecast, by price point
8.4.11.Market size and forecast by distribution channel

8.4.12.Japan

8.4.12.1.Market size and forecast, by product type
8.4.12.2.Market size and forecast, by age group
8.4.12.3.Market size and forecast, by price point
8.4.13.Market size and forecast by distribution channel

8.4.14.South Korea

8.4.14.1.Market size and forecast, by product type
8.4.14.2.Market size and forecast, by age group
8.4.14.3.Market size and forecast, by price point
8.4.15.Market size and forecast by distribution channel

8.4.16.Australia

8.4.16.1.Market size and forecast, by product type
8.4.16.2.Market size and forecast, by age group
8.4.16.3.Market size and forecast, by price point

8.4.17.Market size and forecast by distribution channel
8.4.18.Rest of Asia-Pacific

8.4.18.1.Market size and forecast, by product type
8.4.18.2.Market size and forecast, by age group
8.4.18.3.Market size and forecast, by price point
8.4.19.Market size and forecast by distribution channel

8.5.LAMEA

8.5.1.Overview
8.5.2.Key market trends, growth factors, and opportunities
8.5.3.Market size and forecast by product type
8.5.4.Market size and forecast by age group
8.5.5.Market size and forecast by price point
8.5.6.Market size and forecast by distribution channel
8.5.7.Market size and forecast by country
8.5.8.Brazil

8.5.8.1.Market size and forecast, by product type
8.5.8.2.Market size and forecast, by age group
8.5.8.3.Market size and forecast, by price point
8.5.9.Market size and forecast by distribution channel

8.5.10.Saudi Arabia

8.5.10.1.Market size and forecast, by product type
8.5.10.2.Market size and forecast, by age group
8.5.10.3.Market size and forecast, by price point

8.5.11.Market size and forecast by distribution channel
8.5.12.South Africa

8.5.12.1.Market size and forecast, by product type
8.5.12.2.Market size and forecast, by age group
8.5.12.3.Market size and forecast, by price point

8.5.13.Market size and forecast by distribution channel
8.5.14.Turkey

8.5.14.1.Market size and forecast, by product type
8.5.14.2.Market size and forecast, by age group
8.5.14.3.Market size and forecast, by price point

8.5.15.Market size and forecast by distribution channel
8.5.16.REST OF LAMEA

8.5.16.1.Market size and forecast, by product type
8.5.16.2.Market size and forecast, by age group
8.5.16.3.Market size and forecast, by price point

8.5.17.Market size and forecast by distribution channel

LIST OF TABLES

TABLE 01.GLOBAL CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019-2027 ($MILLION)
TABLE 02.GLOBAL CONFECTIONERY MARKET REVENUE, FOR HARD-BOILED SWEETS, BY REGION, 2019–2027 ($MILLION)
TABLE 03.GLOBAL CONFECTIONERY MARKET REVENUE, FOR MINTS, BY REGION, 2019–2027 ($MILLION)
TABLE 04.GLOBAL CONFECTIONERY MARKET REVENUE, FOR GUMS, BY REGION, 2019–2027 ($MILLION)
TABLE 05.GLOBAL CONFECTIONERY MARKET REVENUE, FOR CHOCOLATE, BY REGION, 2019–2027 ($MILLION)
TABLE 06.GLOBAL CONFECTIONERY MARKET REVENUE, FOR CARAMELS & TOFFEES, BY REGION, 2019–2027 ($MILLION)
TABLE 07.GLOBAL CONFECTIONERY MARKET REVENUE, FOR MEDICATED CONFECTIONERY, BY REGION, 2019–2027 ($MILLION)
TABLE 08.GLOBAL CONFECTIONERY MARKET REVENUE, FOR FINE BAKERY WARES, BY REGION, 2019–2027 ($MILLION)
TABLE 09.GLOBAL CONFECTIONERY MARKET REVENUE, FOR OTHERS, BY REGION, 2019–2027 ($MILLION)
TABLE 10.GLOBAL CONFECTIONERY MARKET, BY END USER, 2019-2027 ($MILLION)
TABLE 11.GLOBAL CONFECTIONERY MARKET REVENUE, FOR CHILDREN, BY REGION, 2019–2027 ($MILLION)
TABLE 12.GLOBAL CONFECTIONERY MARKET REVENUE, FOR ADULT, BY REGION, 2019–2027 ($MILLION)
TABLE 13.GLOBAL CONFECTIONERY MARKET REVENUE, FOR GERIATRIC, BY REGION, 2019–2027 ($MILLION)
TABLE 14.GLOBAL CONFECTIONERY MARKET, BY PRICE POINT, 2019-2027 ($MILLION)
TABLE 15.GLOBAL CONFECTIONERY MARKET REVENUE, FOR ECONOMY, BY REGION, 2019–2027 ($MILLION)
TABLE 16.GLOBAL CONFECTIONERY MARKET REVENUE, FOR MID-RANGE, BY REGION, 2019–2027 ($MILLION)
TABLE 17.GLOBAL CONFECTIONERY MARKET REVENUE, FOR LUXURY, BY REGION, 2019–2027 ($MILLION)
TABLE 18.GLOBAL CONFECTIONERY MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 19.GLOBAL CONFECTIONERY MARKET REVENUE, FOR SUPERMARKET/HYPERMARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 20.GLOBAL CONFECTIONERY MARKET REVENUE, FOR CONVENIENCE STORES, BY REGION, 2019–2027 ($MILLION)
TABLE 21.GLOBAL CONFECTIONERY MARKET REVENUE, FOR PHARMACEUTICAL & DRUGS STORES, BY REGION, 2019–2027 ($MILLION)
TABLE 22.GLOBAL CONFECTIONERY MARKET REVENUE, FOR FOOD SERVICES, BY REGION, 2019–2027 ($MILLION)
TABLE 23.GLOBAL CONFECTIONERY MARKET REVENUE, FOR DUTY-FREE OUTLETS, BY REGION, 2019–2027 ($MILLION)
TABLE 24.GLOBAL CONFECTIONERY MARKET REVENUE, FOR E-COMMERCE, BY REGION, 2019–2027 ($MILLION)
TABLE 25.GLOBAL CONFECTIONERY MARKET REVENUE, FOR OTHERS, BY REGION, 2019–2027 ($MILLION)
TABLE 26.GLOBAL CONFECTIONERY MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 27.NORTH AMERICA CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019–2027($MILLION)
TABLE 28.NORTH AMERICA CONFECTIONERY MARKET, BY AGE GROUP, 2019–2027 ($MILLION)
TABLE 29.NORTH AMERICA CONFECTIONERY MARKET, BY PRICE POINT, 2019–2027 ($MILLION)
TABLE 30.NORTH AMERICA CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 31.NORTH AMERICA GLOBAL CONFECTIONERY MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 32.U.S. CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 33.U.S.  CONFECTIONERY MARKET, BY AGE GROUP, 2019–2027 ($MILLION)
TABLE 34.U.S.  CONFECTIONERY MARKET, BY PRICE POINT, 2019–2027 ($MILLION)
TABLE 35.U.S. CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 36.CANADA CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 37.CANADA CONFECTIONERY MARKET, BY AGE GROUP, 2019–2027 ($MILLION)
TABLE 38.CANADA CONFECTIONERY MARKET, BY PRICE POINT, 2019–2027 ($MILLION)
TABLE 39.CANADA CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 40.MEXICO GLOBAL CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 41.MEXICO CONFECTIONERY MARKET, BY AGE GROUP, 2019–2027 ($MILLION)
TABLE 42.MEXICO CONFECTIONERY MARKET, BY PRICE POINT, 2019–2027 ($MILLION)
TABLE 43.MEXICO CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 44.EUROPE CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019–2027($MILLION)
TABLE 45.EUROPE CONFECTIONERY MARKET, BY AGE GROUP, 2019–2027 ($MILLION)
TABLE 46.EUROPE CONFECTIONERY MARKET, BY PRICE POINT, 2019–2027 ($MILLION)
TABLE 47.EUROPE CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 48.EUROPE GLOBAL CONFECTIONERY MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 49.GERMANY CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 50.GERMANY CONFECTIONERY MARKET, BY AGE GROUP, 2019–2027 ($MILLION)
TABLE 51.GERMANY CONFECTIONERY MARKET, BY PRICE POINT, 2019–2027 ($MILLION)
TABLE 52.GERMANY CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 53.FRANCE CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 54.FRANCE CONFECTIONERY MARKET, BY AGE GROUP, 2019–2027 ($MILLION)
TABLE 55.FRANCE CONFECTIONERY MARKET, BY PRICE POINT, 2019–2027 ($MILLION)
TABLE 56.FRANCE CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 57.UK CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 58.UK CONFECTIONERY MARKET, BY AGE GROUP, 2019–2027 ($MILLION)
TABLE 59.UK CONFECTIONERY MARKET, BY PRICE POINT, 2019–2027 ($MILLION)
TABLE 60.UK CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 61.ITALY CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 62.ITALY CONFECTIONERY MARKET, BY AGE GROUP, 2019–2027 ($MILLION)
TABLE 63.ITALY CONFECTIONERY MARKET, BY PRICE POINT, 2019–2027 ($MILLION)
TABLE 64.ITALY CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 65.SPAIN CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 66.SPAIN CONFECTIONERY MARKET, BY AGE GROUP, 2019–2027 ($MILLION)
TABLE 67.SPAIN CONFECTIONERY MARKET, BY PRICE POINT, 2019–2027 ($MILLION)
TABLE 68.SPAIN CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 69.REST OF EUROPE CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 70.REST OF EUROPE CONFECTIONERY MARKET, BY AGE GROUP, 2019–2027 ($MILLION)
TABLE 71.REST OF EUROPE CONFECTIONERY MARKET, BY PRICE POINT, 2019–2027 ($MILLION)
TABLE 72.REST OF EUROPE CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 73.ASIA-PACIFIC CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019–2027($MILLION)
TABLE 74.ASIA-PACIFIC CONFECTIONERY MARKET, BY AGE GROUP, 2019–2027 ($MILLION)
TABLE 75.ASIA-PACIFIC CONFECTIONERY MARKET, BY PRICE POINT, 2019–2027 ($MILLION)
TABLE 76.ASIA-PACIFIC CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 77.ASIA-PACIFIC GLOBAL CONFECTIONERY MARKET, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 78.CHINA CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 79.CHINA CONFECTIONERY MARKET, BY AGE GROUP, 2019–2027 ($MILLION)
TABLE 80.CHINA CONFECTIONERY MARKET, BY PRICE POINT, 2019–2027 ($MILLION)
TABLE 81.CHINA CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 82.INDIA CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 83.INDIA CONFECTIONERY MARKET, BY AGE GROUP, 2019–2027 ($MILLION)
TABLE 84.INDIA CONFECTIONERY MARKET, BY PRICE POINT, 2019–2027 ($MILLION)
TABLE 85.INDIA CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 86.JAPAN CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 87.JAPAN CONFECTIONERY MARKET, BY AGE GROUP, 2019–2027 ($MILLION)
TABLE 88.JAPAN CONFECTIONERY MARKET, BY PRICE POINT, 2019–2027 ($MILLION)
TABLE 89.JAPAN CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 90.SOUTH KOREA CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 91.SOUTH KOREA CONFECTIONERY MARKET, BY AGE GROUP, 2019–2027 ($MILLION)
TABLE 92.SOUTH KOREA CONFECTIONERY MARKET, BY PRICE POINT, 2019–2027 ($MILLION)
TABLE 93.SOUTH KOERA CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 94.AUSTRALIA CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 95.AUSTRALIA CONFECTIONERY MARKET, BY AGE GROUP, 2019–2027 ($MILLION)
TABLE 96.AUSTRALIA CONFECTIONERY MARKET, BY PRICE POINT, 2019–2027 ($MILLION)
TABLE 97.AUSTRALIA CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 98.REST OF ASIA CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 99.REST OF ASIA-PACIFIC CONFECTIONERY MARKET, BY AGE GROUP, 2019–2027 ($MILLION)
TABLE 100.REST OF ASIA-PACIFIC CONFECTIONERY MARKET, BY PRICE POINT, 2019–2027 ($MILLION)
TABLE 101.REST OF ASIA-PACIFIC CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 102.LAMEA CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019–2027($MILLION)
TABLE 103.LAMEA CONFECTIONERY MARKET, BY AGE GROUP, 2019–2027 ($MILLION)
TABLE 104.LAMEA CONFECTIONERY MARKET, BY PRICE POINT, 2019–2027 ($MILLION)
TABLE 105.LAMEA CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 106.LAMEA GLOBAL CONFECTIONERY MARKET, BY COUNTRY, 2019-2027 ($MILLION)
TABLE 107.BRAZIL CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 108.BRAZIL CONFECTIONERY MARKET, BY AGE GROUP, 2019–2027 ($MILLION)
TABLE 109.BRAZIL CONFECTIONERY MARKET, BY PRICE POINT, 2019–2027 ($MILLION)
TABLE 110.BRAZIL CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 111.SAUDI ARABIA CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 112.SAUDI ARABIA CONFECTIONERY MARKET, BY AGE GROUP, 2019–2027 ($MILLION)
TABLE 113.SAUDI ARABIA CONFECTIONERY MARKET, BY PRICE POINT, 2019–2027 ($MILLION)
TABLE 114.SAUDI ARABIA CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 115.SOUTH AFRICA CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 116.SOUTH AFRICA CONFECTIONERY MARKET, BY AGE GROUP, 2019–2027 ($MILLION)
TABLE 117.SOUTH AFRICA CONFECTIONERY MARKET, BY PRICE POINT, 2019–2027 ($MILLION)
TABLE 118.SOUTH AFRICA CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 119.TURKEY CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 120.TURKEY CONFECTIONERY MARKET, BY AGE GROUP, 2019–2027 ($MILLION)
TABLE 121.TURKEY CONFECTIONERY MARKET, BY PRICE POINT, 2019–2027 ($MILLION)
TABLE 122.TURKEY CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 123.REST OF LAMEA CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 124.REST OF LAMEA CONFECTIONERY MARKET, BY AGE GROUP, 2019–2027 ($MILLION)
TABLE 125.REST OF LAMEA CONFECTIONERY MARKET, BY PRICE POINT, 2019–2027 ($MILLION)
TABLE 126.REST OF LAMEA CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.MARKET EXECUTIVE SNAPSHOT
FIGURE 03.TOP INVESTMENT POCKETS, BY PRICE POINT
FIGURE 04.HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 05.HIGH BARGAINING POWER OF BUYERS
FIGURE 06.LOW THREAT OF NEW ENTRANTS
FIGURE 07.HIGH THREAT OF SUBSTITUTION
FIGURE 08.LOW INTENSITY OF COMPETITIVE RIVALRY
FIGURE 09.GLOBAL ECONOMIC GROWTH RATE, 2017-2020 (%)
FIGURE 10.WORLD SUGAR AND SUGAR CONFECTIONERY TRADE, 2016-2018 ($ BILLION) 
FIGURE 11.IMPACT OF COVID-19 ON CONFECTIONERY MARKET (%), 2019
FIGURE 12.GLOBAL CONFECTIONERY MARKET SHARE, BY PRODUCT TYPE, 2019(%)
FIGURE 13.COMPARATIVE SHARE ANALYSIS OF GLOBAL CONFECTIONERY MARKET REVENUE, FOR HARD-BOILED SWEETS, BY COUNTRY,  2019 & 2027 (%)
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF GLOBAL CONFECTIONERY MARKET REVENUE, FOR MINTS, BY COUNTRY,  2019 & 2027 (%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF GLOBAL CONFECTIONERY MARKET REVENUE, FOR GUMS & JELLIES, BY COUNTRY, 2019 & 2027 (%)
FIGURE 16.WORLD EXPORT DATA FOR COCOA PRODUCTS, 2016-2018 ($ BILLION)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF GLOBAL CONFECTIONERY MARKET REVENUE, FOR CHOCOLATE, BY COUNTRY,  2019 & 2027 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF GLOBAL CONFECTIONERY MARKET REVENUE, FOR CARAMLES & TOFFEES, BY COUNTRY, 2019 & 2027 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF GLOBAL CONFECTIONERY MARKET REVENUE, FOR MEDICATED CONFECTIONERY, BY COUNTRY,  2019 & 2027 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF GLOBAL CONFECTIONERY MARKET REVENUE, FOR FINE BAKERY WARES, BY COUNTRY,  2019 & 2027 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF GLOBAL CONFECTIONERY MARKET REVENUE, FOR OTHERS, BY COUNTRY,  2019 & 2027 (%)
FIGURE 22.GLOBAL CONFECTIONERY MARKET SHARE, BY AGE GROUP, 2019(%)
FIGURE 23.NUMBER OF CHILDREN UNDER AGE 18 IN THE U.S. (INCLUDING PROJECTIONS, 2020-2050*)
FIGURE 24.COMPARATIVE SHARE ANALYSIS FOR GLOBAL CONFECTIONERY MARKET REVENUE, FOR CHILDREN, BY COUNTRY, 2019 & 2027 (%)
FIGURE 25.COUNTRIES WITH HIGHEST PERCENTAGE OF VEGANS, 2020 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS FOR GLOBAL CONFECTIONERY MARKET REVENUE, FOR ADULT, BY COUNTRY, 2019 & 2027 (%)
FIGURE 27.POPULATION AGED 60 YEARS OR OVER BY REGION, 1980-2050* (%)
FIGURE 28.COMPARATIVE SHARE ANALYSIS FOR GLOBAL CONFECTIONERY MARKET REVENUE, FOR GERIARTIC, BY COUNTRY, 2019 & 2027 (%)
FIGURE 29.GLOBAL CONFECTIONERY MARKET SHARE, BY PRICE POINT, 2019(%)
FIGURE 30.COMPARATIVE SHARE ANALYSIS OF GLOBAL CONFECTIONERY MARKET REVENUE, FOR ECONOMY, BY COUNTRY,  2019 & 2027 (%)
FIGURE 31.COMPARATIVE SHARE ANALYSIS GLOBAL CONFECTIONERY MARKET REVENUE, FOR MID-RANGE, BY COUNTRY,  2019 & 2027 (%)
FIGURE 32.COMPARATIVE SHARE ANALYSIS GLOBAL CONFECTIONERY MARKET REVENUE, FOR LUXURY, BY COUNTRY, 2019 & 2027 (%)
FIGURE 33.GLOBAL CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2019 (%)
FIGURE 34.COMPARATIVE SHARE ANALYSIS GLOBAL CONFECTIONERY MARKET REVENUE, FOR SUPERMARKET/HYPERMARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 35.COMPARATIVE SHARE ANALYSIS GLOBAL CONFECTIONERY MARKET REVENUE, FOR CONVENIENCE STORES, BY COUNTRY,  2019 & 2027 (%)
FIGURE 36.COMPARATIVE SHARE ANALYSIS GLOBAL CONFECTIONERY MARKET REVENUE, FOR PHARMACEUTICAL & DRUGS STORES, BY COUNTRY, 2019 & 2027 (%)
FIGURE 37.COMPARATIVE SHARE ANALYSIS GLOBAL CONFECTIONERY MARKET REVENUE, FOR FOOD SERVICES, BY COUNTRY, 2019 & 2027 (%)
FIGURE 38.TRAVEL RETAIL – CONSUMER BUYING BEHAVIOUR FOR CONFECTIONERY PRODUCTS
FIGURE 39.PURPOSE OF CONFECTIONERY PURCHASE AMONG TRAVELLERS
FIGURE 40.COMPARATIVE SHARE ANALYSIS GLOBAL CONFECTIONERY MARKET REVENUE, FOR DUTY-FREE OUTLETS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 41.COMPARATIVE SHARE ANALYSIS GLOBAL CONFECTIONERY MARKET REVENUE, FOR E-COMMERCE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 42.COMPARATIVE SHARE ANALYSIS GLOBAL CONFECTIONERY MARKET REVENUE, FOR OTHERS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 43.GLOBAL CONFECTIONERY MARKET SHARE, BY REGION, 2019(%)
FIGURE 44.U.S. CONFECTIONERY MARKET, 2019–2027 ($MILLION)
FIGURE 45.CANADA CONFECTIONERY MARKET, 2019–2027 ($MILLION)
FIGURE 46.MEXICO CONFECTIONERY MARKET, 2019–2027 ($MILLION)
FIGURE 47.GERMANY CONFECTIONERY MARKET, 2019-2027 ($MILLION)
FIGURE 48.FRANCE CONFECTIONERY MARKET, 2019-2027 ($MILLION)
FIGURE 49.UK CONFECTIONERY MARKET, 2019-2027 ($MILLION)
FIGURE 50.ITALY CONFECTIONERY MARKET, 2019-2027 ($MILLION)
FIGURE 51.SPAIN CONFECTIONERY MARKET, 2019-2027 ($MILLION)
FIGURE 52.REST OF EUROPE CONFECTIONERY MARKET, 2019-2027 ($MILLION)
FIGURE 53.PER CAPITA INCOME OF CHINA (USD), 2015-2019
FIGURE 54.CHINA CONFECTIONERY MARKET, 2019-2027 ($MILLION)
FIGURE 55.INDIA CONFECTIONERY MARKET, 2019-2027 ($MILLION)
FIGURE 56.JAPAN GLOBAL CONFECTIONERY MARKET, 2019-2027 ($MILLION)
FIGURE 57.SOUTH KOREA CONFECTIONERY MARKET, 2019-2027 ($MILLION)
FIGURE 58.AUSTRALIA CONFECTIONERY MARKET, 2019-2027 ($MILLION)
FIGURE 59.REST OF ASIA-PACIFIC CONFECTIONERY MARKET, 2019-2027 ($MILLION)
FIGURE 60.BRAZIL CONFECTIONERY MARKET, 2019-2027 ($MILLION)
FIGURE 61.SAUDI ARABIA CONFECTIONERY MARKET, 2019-2027 ($MILLION)
FIGURE 62.SOUTH AFRICA CONFECTIONERY MARKET, 2019-2027 ($MILLION)
FIGURE 63.TURKEY CONFECTIONERY MARKET, 2019-2027 ($MILLION)
FIGURE 64.REST OF LAMEA CONFECTIONERY MARKET, 2019-2027 ($MILLION)

 

 
 

The confectionery industry is mature and countercyclical in nature as confectionery products are perceived as affordable luxuries. The industry is growing globally as multinational confectionery companies are offering sophisticated yet affordable products for middle-class consumers. Product innovation, strong marketing campaigns, and the retail market expansion drive the development of the confectionery market. Health awareness & consciousness among customers and diverse consumer eating habits & tastes further fuel the market growth. Consumer preferences in the sugar confectionary market are shifting toward soft mouthfeel in comparison to harder varieties. New gum and mint hybrid products, such as Ice Breakers Cool Blasts Chews, dissolve rapidly in mouth, and subsequently does not require customers to deal with waste disposal. Manufacturers focus on the development of functional gums, organic products, and sugar-free variants to boost the value sales and deliver products that support health and wellness.

Economic growth and rise in disposable income drive the growth of the confectionery market in emerging economies such as India and China. Increase in penetration of wide range of confectionery products in rural areas, diverse product range offered by established manufacturers, and rise in population are the major factors that drive the confectionery market in India.

   

 
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A. The growth rate of the Confectionery Market during the forecast period is 3.6%.

A. The Confectionery Market be worth $270,514.0 million in the future.

A. The Confectionery Market projected to grow at 3.6% in the forecast period (2021-2027).

A. The base year calculated in the Confectionery Market report is 2019.

A. The top companies holding market share in the confectionery market include Mars, Incorporated, Mondelez International, Inc., Nestlé S.A., Ferrero Group, Meiji Co., Ltd., The Hershey Company, Chocoladefabriken Lindt & Sprüngli AG and others.

A. The most influencing segment growing in the Confectionery Market report is the medicated confectionery segment.

A. The key trends in the Confectionery Market report include growing demand for organically sourced raw materials, unique flavour confectionery products and functional ingredients, organic herbal fillings, tropical fruit, nut-based and exotic flavours in product formulations.

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