Globally Sweet: Outlook on the Confectionery Market (2024-2030)


Posted March 5, 2024 by heenammr

Confectionary Market was valued at US 284.04 Bn. in 2029. Global Confectionery Market size is expected to grow at a CAGR of 4.8 % through the forecast period.
 
Confectionery Market Dynamics:

The global pandemic of Covid-19 has had a devasting influence on the global economy and food business, since governments have implemented strict lockdowns and limited public mobility. In the early months, the shutdown of sugar and chocolate manufacturing facilities had a considerable impact on commodities production. For example in response to the Covid-19 outbreak in the United states the Hershey company temporarily shut down all of its production facilities from march 16 to March 29, 2021. During the lockdown supply chain, disruption , manpower shortage, trade restriction , and transportation and logistical variations were all noticed. Consumers ate more meals at home during the quarantine period, lowered their store visit, and increased their comfort levels with outline purchasing this affected the retail confectionary sector.

However, with production facilities reopening in varied economics and business players making an attempt to revive provide chain disruption, the market position is anticipated to enhance. sugar and chocolates area unit thought about comfort food, and shoppers area unit finding new ways that to celebrate with additional at-home activities like baking. This is often expected to possess a positive impact on the market.

Confectionery Market Report Overview:

Maximize Market Research has issued papers to help clients understand the landscape of the Confectionery Market in which they compete. The research provides market insights to help clients understand future demand for their product and the Artichokes’s competitiveness. The Artichokes market overview provides detailed information on the market’s size, trade data, key players, and several market metrics such as life cycle, trends, and so on.

Grab your free sample copy of this report now @ https://www.maximizemarketresearch.com/request-sample/145910

Confectionery Market Growth:

Confectionary Market was valued at US 284.04 Bn. in 2029. Global Confectionery Market size is expected to grow at a CAGR of 4.8 % through the forecast period.

Confectionery Market Regional Insights:

The report is segmented into several key countries, with market size, growth rate, import and export of EV Connectors market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.

Confectionery Market Segmentations:

by Product Type

Chocolates
Sugar
Gums

According to Type, The global market is rising at a respectable rate because to consumers' growing acceptance and indulgence in chocolates and chocolate snacks in developed nations like North America and Europe. Conversely, the chocolate confectionery market is the most well-liked globally and is expanding quickly in new nations. Growing disposable income and steady economic expansion in developing nations are two of the main factors driving the market's desire for different kinds of chocolate. Global chocolate producers have several opportunities as a result of consumers' growing acceptance of westernised cuisine in their daily lives.

by Age Group

Children
Adult
Geriatric

by Price Point

Economy
Mid-Range
Luxury

by Distribution channel

Supermarket/Hypermarket
Online Retail
Departmental stores
Convenience stores

With a 40% market share, the supermarket category led the market based on the distribution channel. Supermarkets and hypermarkets are becoming increasingly popular worldwide. There is more foot traffic on the floor as a result of consumers' growing reliance on these services, as well as their freedom of choice, mass merchandisers' bundling schemes, and more extensive product ranges. Owing to their hectic and rigorous schedules, shoppers like buying groceries in bulk for a limited time. Supermarkets and hypermarkets thus provide consumers a simple one-stop shopping experience. Chocolates and other confections are readily available in designated sections of supermarkets and hypermarkets.

Table of Content: Confectionery Market :

Part 01: Executive Summary

Part 02: Scope of the Confectionery Market Report

Part 03: Confectionery Market Landscape

Part 04: Confectionery Market Sizing

Part 05: Confectionery Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Confectionery Market Key Players:

1. Chocoladefabriken Lindt & Sprungli AG
2. Crown Confectionary
3. DELFI Limited
4. Ezaki Glico Co.Ltd
5. Ferrero International S.A.
6. Mars, Incorporated
7. Mondelez International
8. Nestle S.A.
9. The Hershey Company
10. Unilever PLC
11. Barry Callebaut
12. Meiji Holdings
13. HARIBO GmbH& Co.KG
14. Pladis Global

Key questions answered in the Confectionery Market are:

What are the Confectionery Market segments?
Which Artichokes market segment is expected to grow rapidly during the forecast period?
What is the expected CAGR of the Artichokes market during the forecast period?
Who are the top players in the Artichokes industry?
Which region is expected to grow at a high CAGR during the forecast period?
Which region held the largest Artichokes market share in 2024?
Explore additional details by clicking the link provided @ https://www.maximizemarketresearch.com/request-sample/145910

Key Offerings:

Market Overview
Market Share
Market Size
Forecast by Revenue | 2024−2030
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by segments, sub-segments and region
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

Contact Maximize Market Research:

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www.maximizemarketresearch.com

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Issued By heena
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Business Address MAXIMIZE MARKET RESEARCH PVT. LTD.
MAXIMIZE MARKET RESEARCH PVT. LTD.
Country India
Categories Business , Consumer , Education
Tags confectionery market , confectionery market scope , confectionery market trend
Last Updated March 5, 2024