Global Candy Market Growth Projections Show Steady Rise to USD 318.87 Billion by 2030

Learn about the Candy Market growth and developments.

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the Candy Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Candy market, with forecasts outspreading to the year 2030.

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Discover how we define the Candy Market scope and research approach.

The Candy market research provides comprehensive information on significant aspects, including those that are expected to drive the industry’s growth and upcoming challenges. The competitive environment of the industry, the products marketed by well-known companies, and the investment potential in the Candy market will all be thoroughly understood by stakeholders. The study covers both the qualitative and quantitative components of the sector. A comprehensive examination of the competition for the Candy Market is included in the scope of the MMR report.

The report offers a number of new requirements, each with a thorough justification. The Candy Market was created by consulting both primary and secondary sources of information, including government documents, websites, annual reports, and the opinions of other professionals and academics.

Uncover the regional opportunities and challenges in the Candy Market.

This study includes a comprehensive analysis of all pertinent data, including market size, growth rate, and import and export by region. The research’s geographic analysis makes it possible to comprehend the Candy market situations in various nations. The Candy market is made up of the markets in North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East.

Discover key segments driving the growth of the Candy Market :

Candy Market is expected to grow at a CAGR of 18.6% during the forecast period and the market size is expected to reach nearly USD 6.49 Bn by 2030.

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Candy Market segmentation :

by Product Type

Chocolate Candy

Non- Chocolate Candy

Hard Boiled Candies

Pastilles, Gums, Jellies and Chews

Toffees, Caramels and Nougat

Mints

Others

Chocolate candies are a product class that includes both chocolate and cocoa items. Hard-boiled candies, pastilles, gums, jellies & chews, toffees, caramels & nougat, mints, and other products are further subdivided into the non-chocolate candy sector. Due to different consumer preferences, the non-chocolate candy has the highest growth rate. The demand for non-chocolatey sweets is rising as a result of athletes' growing use of gums and chews as well as children's growing interest in jellies and toffees. On the other hand, during the course of the forecast period, chocolate candies are anticipated to capture the greatest market share.

by Price Point

Economy

Mid-Range

Luxury

by Age Group

Children

Adult

Geriatric

by Distribution Channel

Supermarkets and Hypermarkets

Convenience Stores

Specialist Retailers

Online Retail

Others

The market is divided into Supermarkets and Hypermarkets, Convenience Stores, Specialist Retailers, Online Retail, and Others based on the Distribution Channel. The candy market was dominated by the Supermarkets and Hypermarkets category, which is anticipated to hold the greatest market share over the 2024–2030 forecast period. Supermarkets need to adjust to the rapidly changing demands of their customers. Customers' desire for candy is increased by their variety, availability, and occasionally special offers.

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Learn about the top players driving innovation in the Candy Market :

1. THE HERSHEY COMPANY - United States

2. General Mills Inc. - United States

3. Mondelēz International - United States

4. Kellogg NA Co - United States

5. The Bazooka Companies – United States

6. Mars, Incorporated - United States

7. HARIBO of America, Inc. - United States

8. Sweet Candy Company. - United States

9. THE BANG CANDY COMPANY - United States

10. Quality Candy Company - United States

11. Muskoka Candy Company - Canada

12. Palmer-candy - United States

13. SUGARFINA INC. - United States

14. Jelly Belly Candy Company - United States

Candy Market Key Players for Europe

1. Nestlé– Switzerland

2. Pladis Global - United Kingdom

3. August Storck - Germany

4. Perfetti Van Melle - Italy

5. Cloetta – Sweden

6. The Ferrero Group. - Italy

Candy Market Key Players for Asia Pacific

1. Meiji Holdings Co., Ltd. - Japan

2. LOTTE CONFECTIONARY CO.LTD. - South Korea

Get answers to critical questions shaping the Candy Market

What is Candy ?

What is the growth rate of the Candy Market?

Which are the factors expected to drive the Candy market growth?

What is the CAGR at which the Candy market will grow during the forecast period?

What are the different segments of the Candy Market?

Which is the fastest growing region in the Candy market?

What growth strategies are the players considering to increase their presence in Candy ?

What are the upcoming opportunities and trends for the Candy Market?

What are the recent industry trends that can be implemented to generate additional revenue streams for the Candy Market?

Who are the leading companies and what are their portfolios in Candy Market?

What segments are covered in the Candy Market?

Who are the key players in the Candy market?

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Get a closer look at the game-changing products driving success :

Past Size and Competitive Landscape

                        • Past Pricing and price curve by region

                        • Size, Share, Size Forecast by different segment

                        • Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region

                        • Segmentation A detailed analysis by segment with their sub-segments and Region

                        • Competitive Landscape Profiles of selected key players by region from a strategic perspective

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