The global expansion of the retail sector, including hypermarkets, supermarkets, and convenience stores, together with the accessibility of a wide variety of confectionery items, are driving the market's expansion. Confectionery's market is anticipated to reach $226.2 billion in revenue in 2022 and $310.8 billion by 2030. During the forecast period, which runs from 2022 to 2030, the market is expected to grow at a CAGR of 3.6%. The confectionery market is expected to develop as a result of the ongoing introduction of innovative goods, such as those that boost energy and are low in calories and high in nutrition. Growing economies and rising disposable income among the populace are additional important factors supporting the market's expansion.

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MARKET SEGMENTATION
The type and distribution channels are the two primary market segments covered in this analysis for candy. By kind, the confectionery market is divided into sugar, chocolate, high-end bakery products, and others. The hard boiled sweets, caramels & toffees, gums & jellies, medicated confectionery, mints, and other sub-segments make up the sugar confectionery market. The chocolate market is further divided into white, milk, dark, and other categories. Over the course of the projected period, the market for dark chocolate is anticipated to experience exponential expansion.
The global confectionery market is divided into five geographic regions: North America, Latin America, Europe, Asia-Pacific, and the Middle East and Africa. Europe seized the largest market for candy in 2021. However, during the forecast period, Asia-Pacific is expected to rise at a considerable CAGR. In comparison to other nations in the Asia Pacific, the India confectionary market is anticipated to expand more quickly.
COMPETITIVE LANDSCAPE
The report offers comprehensive coverage of major vendors including recent product development & industrial activities, company overview, insights on business strategy & financial performance, company SWOT analysis etc.
Some of the key players mentioned in the report are Delfi Limited (Singapore), Ezaki Glico Co., Ltd. (Japan), Ferrero SpA (Italy), Lindt & Sprngli AG (Switzerland), Lotte Confectionery Co. Ltd. (South Korea), Mars, Incorporated (U.S.), Mondelez International, Inc. (U.S.), Nestle S.A. (Switzerland), The Hershey Company (U.S.), and Wm. Wrigley Jr. Company (U.S.).

SEGMENTS COVERED
Confectionery Market by Type
• Hard-Boiled Sweets
• Caramels & Toffees
• Gums & Jellies
• Medicated Confectionery
• Mints
• Others
• Chocolate
• White
• Milk
• Dark
• Fine Bakery Wares
• Others
Confectionery Market by Distribution Channel
• Supermarket/Hypermarket
• Confectionery Stores
• Online Stores
• Others
Confectionery Market by End User
• Hospitals
• Clinics
• Home Care
• Others
Confectionery Market by Region
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East & Africa

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