Market Overview:
The global hard candies market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for hard candies due to their unique flavors and textures, increasing urbanization and changing lifestyles, and growing demand for healthy snacks. In terms of type, the pop rocks segment is expected to grow at the highest CAGR during the forecast period, followed by lollipops and traditional hard candies. In terms of application, supermarkets are expected to account for the largest share of the global hard candies market in 2018, followed by retail stores.
Product Definition:
A hard candy is a type of candy that is made from sugar, corn syrup, and water. It is boiled to a high temperature and then poured into molds.
Pop Rocks:
Pop rocks is a candy made up of calcium carbonate, sugar, flavoring and gum base. It's formed in the shape of small stones and when it's put into water or milk it expands greatly due to the heat of the liquid. Due to this characteristic, they are used as hard candies in many countries around the world.
Lollipop:
Lollipop is a candy consisting of a sugar coating and it's used in hard candies as well. The shape of lollipops varies depending upon the manufacturer but generally they are long and thin. They are available in different colors such as red, pink, blue, yellow or green with flavors varying accordingly.
Application Insights:
The market is segmented by application into supermarkets and retail stores. The supermarket segment dominated the global hard candy market in 2017, accounting for a share of over 60%. This large share can be attributed to the growing trend of impulse buying among consumers on account of hectic work life and busy schedule. Moreover, rising demand for packaged food products among working class adults in emerging economies such as India and China is expected to drive growth over the forecast period.
The retail store segment accounted for a significant share in 2017 owing to high consumer preference towards specialty shops that offer variety in terms of choice & flavor as well as health benefits associated with natural ingredients used while making confectioneries & chocolates. Increasing number of specialty stores across various regions are anticipated to boost industry growth over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast years owing to high demand for lollipops and traditional hard candies from U.S., Canada, and Mexico. Europe is also anticipated to witness significant growth over the coming years due to rising consumer preference for healthy snacks with low sugar content alternatives such as smart chips, chocolates, and jerky among others. Asia Pacific is projected to be one of the fastest-growing regional markets at a CAGR of XX% from 2018 to 2030 owing largelypop Rocks products are gaining popularity in countries such as China, Japan, Indonesia among others due largelypop Rocks products are gaining popularity in countries such as China Japan Indonesia amongst other emerging economies across Asia Pacific).
Growth Factors:
- Increasing demand for hard candies from the young population as a result of changing lifestyles and growing disposable incomes.
- Rising popularity of artisanal hard candies, which are perceived as healthier and more premium-priced than mass-produced brands.
- Growing demand for sugar-free and low-sugar hard candies as consumers become increasingly health conscious.
- Innovation in flavor profiles to appeal to different demographics, e.g., spicy flavors for millennials, fruity flavors for children etc..
Scope Of The Report
Report Attributes
Report Details
Report Title
Hard Candies Market Research Report
By Type
Pop Rocks, Lollipop, Traditional
By Application
Supermarket, Retail Store
By Companies
UHA Mikakuto Co.,Ltd, Skittles, Ferrara Candy Company, Pop Rocks, The Hershey Company, YumEarth, Zollipops, Ferrara Candy Company, Dum Dums, Life Savers, UHA Mikakuto Co.,Ltd, Charms, Jolly Rancher, Werthers Originals, Tootsie Roll Inc., Perugina(Nestle)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Hard Candies Market Report Segments:
The global Hard Candies market is segmented on the basis of:
Types
Pop Rocks, Lollipop, Traditional
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarket, Retail Store
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- UHA Mikakuto Co.,Ltd
- Skittles
- Ferrara Candy Company
- Pop Rocks
- The Hershey Company
- YumEarth
- Zollipops
- Ferrara Candy Company
- Dum Dums
- Life Savers
- UHA Mikakuto Co.,Ltd
- Charms
- Jolly Rancher
- Werthers Originals
- Tootsie Roll Inc.
- Perugina(Nestle)
Highlights of The Hard Candies Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pop Rocks
- Lollipop
- Traditional
- By Application:
- Supermarket
- Retail Store
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hard Candies Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hard candies are a type of candy that is made from a hard sugar shell and soft, chewy center.
Some of the key players operating in the hard candies market are UHA Mikakuto Co.,Ltd, Skittles, Ferrara Candy Company, Pop Rocks, The Hershey Company, YumEarth, Zollipops, Ferrara Candy Company, Dum Dums, Life Savers, UHA Mikakuto Co.,Ltd, Charms, Jolly Rancher, Werthers Originals, Tootsie Roll Inc., Perugina(Nestle).
The hard candies market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hard Candies Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hard Candies Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hard Candies Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hard Candies Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hard Candies Market Size & Forecast, 2018-2028
4.5.1 Hard Candies Market Size and Y-o-Y Growth
4.5.2 Hard Candies Market Absolute $ Opportunity
Chapter 5 Global Hard Candies Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hard Candies Market Size Forecast by Type
5.2.1 Pop Rocks
5.2.2 Lollipop
5.2.3 Traditional
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hard Candies Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hard Candies Market Size Forecast by Applications
6.2.1 Supermarket
6.2.2 Retail Store
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hard Candies Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hard Candies Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hard Candies Analysis and Forecast
9.1 Introduction
9.2 North America Hard Candies Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hard Candies Market Size Forecast by Type
9.6.1 Pop Rocks
9.6.2 Lollipop
9.6.3 Traditional
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hard Candies Market Size Forecast by Applications
9.10.1 Supermarket
9.10.2 Retail Store
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hard Candies Analysis and Forecast
10.1 Introduction
10.2 Europe Hard Candies Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hard Candies Market Size Forecast by Type
10.6.1 Pop Rocks
10.6.2 Lollipop
10.6.3 Traditional
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hard Candies Market Size Forecast by Applications
10.10.1 Supermarket
10.10.2 Retail Store
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hard Candies Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hard Candies Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hard Candies Market Size Forecast by Type
11.6.1 Pop Rocks
11.6.2 Lollipop
11.6.3 Traditional
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hard Candies Market Size Forecast by Applications
11.10.1 Supermarket
11.10.2 Retail Store
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hard Candies Analysis and Forecast
12.1 Introduction
12.2 Latin America Hard Candies Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hard Candies Market Size Forecast by Type
12.6.1 Pop Rocks
12.6.2 Lollipop
12.6.3 Traditional
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hard Candies Market Size Forecast by Applications
12.10.1 Supermarket
12.10.2 Retail Store
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hard Candies Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hard Candies Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hard Candies Market Size Forecast by Type
13.6.1 Pop Rocks
13.6.2 Lollipop
13.6.3 Traditional
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hard Candies Market Size Forecast by Applications
13.10.1 Supermarket
13.10.2 Retail Store
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hard Candies Market: Competitive Dashboard
14.2 Global Hard Candies Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 UHA Mikakuto Co.,Ltd
14.3.2 Skittles
14.3.3 Ferrara Candy Company
14.3.4 Pop Rocks
14.3.5 The Hershey Company
14.3.6 YumEarth
14.3.7 Zollipops
14.3.8 Ferrara Candy Company
14.3.9 Dum Dums
14.3.10 Life Savers
14.3.11 UHA Mikakuto Co.,Ltd
14.3.12 Charms
14.3.13 Jolly Rancher
14.3.14 Werthers Originals
14.3.15 Tootsie Roll Inc.
14.3.16 Perugina(Nestle)
