ADVERTISEMENT
Press release content from Business Wire. The AP news staff was not involved in its creation.
Related topics
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Outlook on the Candy Global Market to 2027 - Size, Share, Outlook, and Opportunity Analysis - ResearchAndMarkets.com

July 30, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Jul 30, 2021--

The “Candy Market, by Product Type, by Distribution Channel, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027” report has been added to ResearchAndMarkets.com’s offering.

Candy market has been estimated to grow significantly in the coming years owing to not only its popularity among the children but also amongst the adults and its applications in various deserts such as ice cream sundaes. Apart from this, the attractive packaging of the candies has also played a vital role in the rise and expansion of the candy market all over the globe. Apart from this, the recommendation of the doctors to maintain the sugar levels among the diabetic patients has also known to contribute to the increasing demand for the candy market all over the globe.

ADVERTISEMENT

Based on product type, the chocolate candy segment held the largest share in the global candy market in 2019. Apart from its rising demand from the millennial population, chocolate candy has also been gaining high demand due to new product launches such as low-calorie and fat-free chocolate candies. For instance in January 2019, Chocolette Confectionary LLC announced the launch of its “guilt free” Red Delight chocolate collection in the US having the world’s lowest calorie chocolates of only 16 calories per piece.

Moreover, regional as well as local candy market manufacturers have been focusing on various growth strategies, including collaborations and merges & acquisitions, with major players globally to strengthen their market position. For instance, in July 2018, Arcor, an Argentina-based food company specializing in confectionery, formed a US$ 45 million joint venture with Webcor Group, a Switzerland-based provider of agricultural commodities and fast-moving consumer goods.

Key features of the study:

ADVERTISEMENT

  • This report provides in-depth analysis of candy market, and provides market size (US$ Million and Tons) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, trends, and regional outlook
  • It profiles key players in the global candy market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
  • The global candy market report caters to various stakeholders in this industry including investors, suppliers, candy manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global candy market

Company Profiles

  • August Stork
  • Candy Me
  • CartoonCandy
  • Cloetta Ab
  • DeMet
  • Ferrero Group
  • Ferrara Candy Company
  • Grupo Arcor
  • Haribo GmbH & Co. KG
  • Mars, Incorporated
  • Mondelez International, Inc.
  • Naeemfoods
  • Perfetti Van Melle
  • Purebred Confectionery
  • Rock Candy
  • The Hershey Company

Key Topics Covered:

1. Research Objectives and Assumptions

2. Market Purview

3. Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
  • Drivers
  • Restraints
  • Market Opportunity
  • Market Trends
  • PORTER’s Five Forces Analysis
  • Pricing Analysis

4. Global Candy Market - Impact of Coronavirus (Covid-19) Pandemic

  • Overview
  • Factors Affecting Global Candy Market - COVID-19

5. Global Candy Market, By Product Type, 2017- 2027 (US$ Mn & KT)

  • Introduction
  • Market Share Analysis, 2019, 2022 and 2027 (%)
  • Y-o-Y Growth Analysis, 2020 - 2027
  • Segment Trends
  • Chocolate Candy
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
  • Chocolate Bars
  • Others
  • Non-Chocolate Candy
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
  • Hard Boiled Candy
  • Pastilles, Gums, Jellies and Chews
  • Toffees, Caramels and Nougat
  • Mint
  • Others

6. Global Candy Market, By Distribution Channel, 2017- 2027 (US$ Mn & KT)

  • Introduction
  • Market Share Analysis, 2019, 2022 and 2027 (%)
  • Y-o-Y Growth Analysis, 2020 - 2027
  • Segment Trends
  • Supermarket/Hypermarket
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
  • Convenience Stores
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
  • Specialty Stores
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
  • Online Retail
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
  • Others
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)

7. Global Candy Market, By Region, 2017- 2027 (US$ Mn & KT)

8. Competitive Landscape

9. Section

For more information about this report visit https://www.researchandmarkets.com/r/ne4tuv

View source version on businesswire.com:https://www.businesswire.com/news/home/20210730005492/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: ONLINE RETAIL RETAIL FOOD/BEVERAGE

SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 07/30/2021 12:11 PM/DISC: 07/30/2021 12:11 PM

http://www.businesswire.com/news/home/20210730005492/en