Confectioneries Market
Confectioneries Market By Type (Chocolate, Sugar Confectioneries, Cookies, Ice Cream), By Distribution Channel (Online, Offline), By Region – Global Market Insights 2023 to 2033
Analysis of Confectioneries Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Confectioneries Market Outlook (2023 to 2033)
The valuation of the global confectioneries market is US$ 301 billion in 2023. Sales of confectionery items are estimated to reach a value of US$ 474 billion by 2033-end, increasing at a CAGR of 4.6% over the next ten years.
Any kind of sweet treat is considered a popular food product across the globe. Confectioneries are sweets that come with a lot of carbohydrates and sugar. These come in the form of chocolates, cookies, gummies, and mints.
People around the world consume various confectioneries on special occasions, including anniversaries, birthdays, and even festivals such as Christmas, Halloween, and others. Halloween is a one-of-a-kind occasion that is known for its tradition, in which children usually dress up in different costumes and go from one door to another to collect various types of candies.
At present, a lot of confectionery options are available and likely to grow based on variety and flavor. Consumer preferences, tastes, and habits are constantly evolving. These constant changes are likely to lead to innovation in the area of confectioneries, which is further estimated to contribute to market growth. Manufacturers, in recent years, are increasing their range of products by including nut-based & exotic flavors, tropical fruits, organic herbal fillings, and functional ingredients.
The rising trend to gift confectioneries that include bakery items, chocolates, cookies, and others is anticipated to fuel product demand as well. Brands in recent years have been concentrating on unique engaging techniques to gain consumers’ attention. These initiatives will result in increased purchases of confectionery products owing to impulse buying.
On the flip side, the volatile nature of raw materials such as cocoa and sugar might have adverse impacts on the sales of confectioneries. In addition, overconsumption of these food products can be harmful to health in the long run. However, the use of some alternative ingredients that are organic or natural is likely to generate novel growth opportunities over the coming years. Furthermore, the production of innovative sweet items along with strategic initiatives by companies will bolster the growth opportunities in the global market.
| Report Attributes | Details |
|---|---|
| Confectioneries Market Size (2023) | US$ 301 Billion |
| Estimated Market Value (2033) | US$ 474 Billion |
| Projected Growth Rate of Market (2023 to 2033) | 4.6% CAGR |
| Canada Market Growth Rate (2023 to 2033) | 4.1% CAGR |
| Key Companies Profiled | Lindt & Sprungli; Lotte Confectionery; Mars Wrigley; Mondelez International; Nestle SA; Perfetti Van MelleSpA; The Hershey Company; Pladis |
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Which Prominent Factors are Driving Confectioneries Market Expansion?
“High Demand for On-the-Go Snacks”
Rising modernization along with a hectic combination of personal & professional obligations are some key factors that are likely to trigger demand for convenience snacks in daily diet. The busy lives of consumers do not allow them to spend a significant time cooking as well as dine-out at the time of their working hours. These factors can lead people to look for quick-to-eat and easily-prepared food products.
The count of people in the workplace is growing at a noticeable speed. This makes it, even more, harder for them to maintain a healthy work-life balance. So, marketers and manufacturers are capitalizing to introduce and promote a wide range of chocolate snacks that include chocolate bars, on-the-go snacks, and others. These initiatives ensure a healthy diet for individuals around the world.
Companies in the confectioneries market also concentrate to offer convenient and small packs that ensure easy transportation of bars and candies in bags. Furthermore, dark chocolates are also experiencing rising popularity with numerous health benefits that are associated with them. These chocolates are a rich source of antioxidants and reduce blood pressure and improve insulin sensitivity.
Growing association of chocolates with the young generation and some other working populations around the world is likely to bolster growth in the global market.
“Rapidly Rising Demand for Sugar-free Chocolates”
Improvement in the lifestyle of people around the world is expected to bring noticeable changes in the health and diet of human beings. These changes can result in the proliferation of lifestyle diseases including blood pressure, diabetes, etc. Being overweight, obesity and other related diseases are some serious concerns that are likely to bring challenges to the sustainability of our healthcare system.
People are making a shift in their preferences towards sugar-free and low-calorie products to eliminate the above-mentioned diseases. Thus, the reduced intake of sugar is further likely to propel the demand for sugar-free chocolates that are predicted to impact sales for confectioneries.
What’s Restraining the Adoption of Confectionery Products?
“Fluctuation in Raw Material Prices Can Hamper Market Performance”
Sugar and cocoa are the essential raw materials that are used to produce confectioneries around the world. The price of cocoa and sugar has experienced fluctuations due to variations in their demand and supply. Further, the yield of cocoa and sugar is impacted due to unfavorable weather conditions, stock ratio, labor availability, crop diseases, and other economic factors.
These factors are responsible for annual price fluctuations from high to low and vice versa. Further, these price fluctuations are likely to impact the production of chocolates and sugar products in the market and thus dampen the overall demand for confectionery products.
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How Lucrative in the Confectioneries Industry for New Companies?
“Use of Organic Ingredients for Product Development Can Generate Growth Opportunities”
Confectionery products are used at an increased rate irrespective of geographical location. So, the manufacturers of confectionery products are incorporating various new innovative strategies for product development that include the use of natural and organic ingredients for product development.
For instance :
- Mondelez, a multinational confectionery & food company in the US, and Cadbury, a multinational confectionery company from the UK in June 2019 announced about the launch of a new milky bar. This bar contains 30% less sugar compared to other normal milky bars.
Which Region Accounts for the Largest Confectioneries Industry Share?
“Europe Leads Due to High Popularity and Demand for Chocolate Confectioneries”
Among other regional areas, the market in Europe is likely to make the largest contribution to global industry. The regional market held more than 35% market share in 2022-end. These growth opportunities in the regional market are attributed to the rising popularity along with the demand for chocolate confectionery products.
People in recent years are giving preference to value-added natural ingredients and organic products. Furthermore, constant changes in consumer lifestyles, as well as eating habits, are contributing to regional market growth.
Asia Pacific is the fastest-growing market and is likely to progress at a CAGR of 5.1% through 2033. Japan, India, and China are the key contributors to regional growth with the presence of a huge consumer base that consumes confectionery products. In addition, the rising population and disposable income of regional people are likely to accelerate growth opportunities in the market.
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Country-wise Insights
Which is the Leading European Country for Confectioneries?
“Organic Chocolates a Hit in Germany”
The market in Germany is anticipated to progress at a CAGR of 3.9% through 2033.
The growth in the market is attributed to the rising awareness related to the side effects of raw materials that are produced with the use of chemicals that have led to increased demand for organic chocolates. In addition, the highest per capita consumption of confectionery products is also contributing to market growth there.
Why is the U.S. the Largest Market for Providers of Confectioneries?
“Expansion of Distribution Channels in U.S. Ensuring Easy Availability of Confectionery Products”
The market in the U.S. was valued at more than US$ 48.5 billion in the year 2022. The U.S. confectioneries industry is predicted to grow with the expansion of distribution channels there. In addition, the presence of key manufacturers in the industry is also likely to contribute to market growth.
The Canadian market is likely to progress at a CAGR of 4.1% through 2033 owing to the growing high-income class that can invest in these products.
Which Prominent Factor Will Drive Market Growth in Japan?
“Easy Availability of Functional Confectioneries in Japan”
The market in Japan across the Asia Pacific region is likely to grow due to rising urbanization along with the easy availability of functional confectionery food & beverages. Further, the growing demand for low-calorie products including sugar-free confectioneries and low carb is also propelling the market growth.
The market in Japan is projected to expand at a CAGR of 3.3% through 2033.
Category-wise Insights
Which is the Most Commonly Consumed Type of Confectionery?
“Increased Per Capita Consumption of Chocolates across the World”
Based on product, the global market is classified into chocolates, sugar confectioneries, cookies, and ice cream. Among these, the chocolate segment is estimated to hold the largest market share of around 45.2% in the year 2022. This dominance is due to rising demand as well as consumption of chocolate products from different age groups.
Per capita consumption of chocolate is comparatively higher than other products around the world. In addition, the growing demand for premium and organic chocolate products is likely to contribute to market growth.
Sugar confectionery products are predicted to grow at the fastest pace due to constant changes in lifestyles and eating habits of people. Furthermore, the growing population of middle-class people along with urbanization around the world is anticipated to bolster market growth. The increasing trend of e-commerce platforms is also estimated to accelerate segment growth.
Why are Offline Distribution Channels Still Ruling This Space?
“Preference for Offline Distribution Channels for Confectionery Purchasing Owing to Easy Access”
Based on distribution channel, the industry is bifurcated into offline and online platforms. Between these two, the offline channel held more than 75% of the market share in the year 2022. People in recent years are giving preference to offline channels to purchase groceries, consumer goods, and confectionery products that include chocolate, and some other products.
Easy access and searching for different confectionery products through stores is predicted to contribute to the demand for chocolate confectionery. In addition, the manufacturers are opening various new outlets at malls owing to the growing demand for cookies, chocolate, and ice cream which is further projected to propel growth opportunities in the market.
The online platforms are likely to register the fastest growth with a moderate CAGR of 5.3% through 2033. The rapid growth of the e-commerce sector and the availability of different products on respective websites is likely to drive the growth of this platform.
Competitive Landscape
Several suppliers and manufacturers are concentrating on logistic development. They are also focusing on strengthening their distribution channels to expand their business.
For instance :
- Mondelez International Inc. in the year 2020 patented a process that can enable the company to reduce the level of sugar in its chocolates with the use of soluble corn fiber.
Key players in the confectioneries market are Lindt & Sprungli, Lotte Confectionery, Mars Wrigley, Mondelez International, Nestle SA, Perfetti Van MelleSpA, The Hershey Company, and Pladis.
Segmentation of Confectioneries Industry Research
-
By Type :
- Chocolates
- Sugar Confectioneries
- Cookies
- Ice Cream
-
By Distribution Channel :
- Offline
- Online
-
By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Volume (Units) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Type
- 9.1. Chocolates
- 9.2. Sugar Confectioneries
- 9.3. Cookies
- 9.4. Ice Cream
- 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Distribution Channel
- 10.1. Offline
- 10.2. Online
- 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia
- 11.6. Oceania
- 11.7. Middle East and Africa (MEA)
- 12. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 13. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 17. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 18. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 19. Key and Emerging Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. Lindt & Sprungli
- 21.2. Lotte Confectionery
- 21.3. Mars Wrigley
- 21.4. Mondelez International
- 21.5. Nestle SA
- 21.6. Perfetti Van Melle SpA
- 21.7. The Hershey Company
- 21.8. Pladis
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 08: Latin America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 11: Europe Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 14: South Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 17: East Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 20: Oceania Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Distribution Channel
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018 to 2022
Figure 02: Global Market Volume Forecast (in 000' Units), 2023 to 2033
Figure 03: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 04: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 05: Global Market Value Analysis (US$ Mn), 2018 to 2022
Figure 06: Global Market Value Forecast (US$ Mn), 2023 to 2033
Figure 07: Global Market Absolute $ Opportunity, 2023 to 2033
Figure 08: Global Market Share Analysis (%), By Type, 2023 to 2033
Figure 09: Global Market Y-o-Y Analysis (%), By Type, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Type, 2023 to 2033
Figure 11: Global Market Share Analysis (%), By Distribution Channel, 2023 to 2033
Figure 12: Global Market Y-o-Y Analysis (%), By Distribution Channel, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 14: Global Market Share Analysis (%), By Region, 2023 to 2033
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value Share, By Type, 2022 (E)
Figure 18: North America Market Value Share, By Distribution Channel, 2022 (E)
Figure 19: North America Market Value Share, By Country, 2022 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 21: North America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 22: North America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 24: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 25: Latin America Market Value Share, By Type, 2022 (E)
Figure 26: Latin America Market Value Share, By Distribution Channel, 2022 (E)
Figure 27: Latin America Market Value Share, By Country, 2022 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 29: Latin America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 30: Latin America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 31: Latin America Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 32: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 33: Europe Market Value Share, By Type, 2022 (E)
Figure 34: Europe Market Value Share, By Distribution Channel, 2022 (E)
Figure 35: Europe Market Value Share, By Country, 2022 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018 to 2022
Figure 37: Europe Market Value Forecast (US$ Mn), 2023 to 2033
Figure 38: Europe Market Attractiveness Analysis by Type, 2023 to 2033
Figure 39: Europe Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 40: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 41: South Asia Market Value Share, By Type, 2022 (E)
Figure 42: South Asia Market Value Share, By Distribution Channel, 2022 (E)
Figure 43: South Asia Market Value Share, By Country, 2022 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 45: South Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 46: South Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 47: South Asia Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 48: South Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 49: East Asia Market Value Share, By Type, 2022 (E)
Figure 50: East Asia Market Value Share, By Distribution Channel, 2022 (E)
Figure 51: East Asia Market Value Share, By Country, 2022 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 53: East Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 54: East Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 55: East Asia Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 56: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 57: Oceania Market Value Share, By Type, 2022 (E)
Figure 58: Oceania Market Value Share, By Distribution Channel, 2022 (E)
Figure 59: Oceania Market Value Share, By Country, 2022 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018 to 2022
Figure 61: Oceania Market Value Forecast (US$ Mn), 2023 to 2033
Figure 62: Oceania Market Attractiveness Analysis by Type, 2023 to 2033
Figure 63: Oceania Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 64: Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 65: Middle East and Africa Market Value Share, By Type, 2022 (E)
Figure 66: Middle East and Africa Market Value Share, By Distribution Channel, 2022 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2022 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018 to 2022
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2023 to 2033
Figure 70: Middle East and Africa Market Attractiveness Analysis by Type, 2023 to 2033
Figure 71: Middle East and Africa Market Attractiveness Analysis by Distribution Channel, 2023 to 2033
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2023 to 2033
Figure 73: U. S. Market Value Analysis (US$ Mn), 2023 & 2033
Figure 74: U. S. Market Value Share, By Type, 2022 (E)
Figure 75: U. S. Market Value Share, By Distribution Channel, 2022 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2023 & 2033
Figure 77: Canada Market Value Share, By Type, 2022 (E)
Figure 78: Canada Market Value Share, By Distribution Channel, 2022 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2023 & 2033
Figure 80: Mexico Market Value Share, By Type, 2022 (E)
Figure 81: Mexico Market Value Share, By Distribution Channel, 2022 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2023 & 2033
Figure 83: Brazil Market Value Share, By Type, 2022 (E)
Figure 84: Brazil Market Value Share, By Distribution Channel, 2022 (E)
Figure 85: U. K. Market Value Analysis (US$ Mn), 2023 & 2033
Figure 86: U. K. Market Value Share, By Type, 2022 (E)
Figure 87: U. K. Market Value Share, By Distribution Channel, 2022 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2023 & 2033
Figure 89: Germany Market Value Share, By Type, 2022 (E)
Figure 90: Germany Market Value Share, By Distribution Channel, 2022 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2023 & 2033
Figure 92: France Market Value Share, By Type, 2022 (E)
Figure 93: France Market Value Share, By Distribution Channel, 2022 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2023 & 2033
Figure 95: Italy Market Value Share, By Type, 2022 (E)
Figure 96: Italy Market Value Share, By Distribution Channel, 2022 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2023 & 2033
Figure 98: Spain Market Value Share, By Type, 2022 (E)
Figure 99: Spain Market Value Share, By Distribution Channel, 2022 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 101: Russia Market Value Share, By Type, 2022 (E)
Figure 102: Russia Market Value Share, By Distribution Channel, 2022 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2023 & 2033
Figure 104: China Market Value Share, By Type, 2022 (E)
Figure 105: China Market Value Share, By Distribution Channel, 2022 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2023 & 2033
Figure 107: Japan Market Value Share, By Type, 2022 (E)
Figure 108: Japan Market Value Share, By Distribution Channel, 2022 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2023 & 2033
Figure 110: South Korea Market Value Share, By Type, 2022 (E)
Figure 111: South Korea Market Value Share, By Distribution Channel, 2022 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2023 & 2033
Figure 113: India Market Value Share, By Type, 2022 (E)
Figure 114: India Market Value Share, By Distribution Channel, 2022 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2023 & 2033
Figure 116: ASEAN Market Value Share, By Type, 2022 (E)
Figure 117: ASEAN Market Value Share, By Distribution Channel, 2022 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 119: Australia Market Value Share, By Type, 2022 (E)
Figure 120: Australia Market Value Share, By Distribution Channel, 2022 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2023 & 2033
Figure 122: New Zealand Market Value Share, By Type, 2022 (E)
Figure 123: New Zealand Market Value Share, By Distribution Channel, 2022 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2023 & 2033
Figure 125: GCC Countries Market Value Share, By Type, 2022 (E)
Figure 126: GCC Countries Market Value Share, By Distribution Channel, 2022 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2023 & 2033
Figure 128: Turkey Market Value Share, By Type, 2022 (E)
Figure 129: Turkey Market Value Share, By Distribution Channel, 2022 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2023 & 2033
Figure 131: South Africa Market Value Share, By Type, 2022 (E)
Figure 132: South Africa Market Value Share, By Distribution Channel, 2022 (E)
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the confectioneries market at present?
The global confectioneries market will be valued at US$ 301 billion in 2023.
What is the projected CAGR for the market in Germany?
The market in Germany is likely to progress at a CAGR of 3.9% through 2033.
At what rate is the global confectioneries industry likely to expand?
Worldwide sales of confectioneries are likely to increase at a CAGR of 4.6% through 2033.
What is the estimated growth rate for the Canada market?
Consumption of confectioneries in Canada is anticipated to evolve at a CAGR of 4.1% through 2033.
What is the projected valuation for the global market for confectioneries for 2033?
The global market for confectionery products is expected to reach a value of US$ 474 billion by 2033.
Who are the key players in the global market?
Key manufacturers of confectioneries are Lindt & Sprungli, Lotte Confectionery, Mars Wrigley, Mondelez International, Nestle SA, Perfetti Van MelleSpA, The Hershey Company, and Pladis.
Confectioneries Market