Market Overview:
The global sugar confectionery 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 sugar confectionery products across the globe, increasing disposable income of consumers, and growing trend of snacking among consumers. In terms of type, the hard-boiled sweets segment is expected to lead the global sugar confectionery market during the forecast period. This can be attributed to its high demand among consumers owing to its taste and texture. In terms of application, desserts are expected to account for a major share in the global sugar confectionery market during the forecast period.
Product Definition:
Sugar Confectionery is a type of food that is made with sugar and other sweeteners. It includes candy, cake, cookies, and other desserts.
Hard-Boiled Sweets:
Hard-boiled sweets are candies that have been cooked in a closed vessel (usually a metal pan) over moderate heat, usually for about an hour. The term is also used to refer to the process of cooking rather than the product itself. Hard-boiled sweets are often referred to as "cookies" or "biscuits". They can be distinguished from soft-boiled sweets by their longer shelf life and thicker consistency.
Caramels and Toffees:
Caramels and toffees are two types of confectionery coating made up of sugar. Caramel is a cooked mixture of sugar and milk or cream, which is used in making candies, cakes & pastries.
Application Insights:
The drinks segment accounted for the largest market share of over 40% in 2017. The application of sugar confectionery is not only limited to make drinks sweet but also as a flavoring and coloring agent. Various types of flavored syrups are used in making various soft and hard beverages such as juices, cocktails, mocktails, smoothies, milkshakes among others.
Desserts were the second-largest segment accounting for a market share of 29% in 2017 owing to increasing demand from emerging economies such as China India Indonesia Vietnam etc where desserts are highly popular among all age groups especially kids and women which has boosted industry growth over the past few years. Moreover growing trend towards home baking is boosting industry expansion at a significant rate across North America Europe Asia Pacific Middle East & Africa countries which will positively impact overall industry growth during forecast period.
Regional Analysis:
North America dominated the global market in 2017. The U.S., in particular, is a major consumer of sugar confectionery products as it is one of the largest producers of these goods. Furthermore, growing health concerns have resulted in consumers preferring natural and healthy options over processed ones, thereby driving demand for naturally flavored sugar confectionery products over the forecast period.
Asia Pacific is expected to be one of the fastest-growing regional markets from 2018 to 2030 owing to increasing consumption by adults as well as kids coupled with rising disposable income levels among emerging economies such as China and India. Moreover, changing lifestyles resulting in an increase in preference for sweet foods will also drive growth during this period.
Growth Factors:
- Increasing demand for premium and artisanal sugar confectionery products.
- Rising disposable income of consumers in developing countries.
- Growing popularity of sugar confectionery among health-conscious consumers.
- Proliferation of new product varieties and flavors in the market.
- Expansion of retail distribution channels for sugar confectionery products
Scope Of The Report
Report Attributes
Report Details
Report Title
Sugar Confectionery Market Research Report
By Type
Hard-Boiled Sweets, Caramels and Toffees, Gums and Jellies, Medicated Confectionery, Mints, Others
By Application
Dessert, Drinks, Ice Cream, Other
By Companies
Ferrara Candy, HARIBO, Mondelez International, Nestle, Perfetti Van Melle, Wrigley, Adams and Brooks Candy, American Licorice, Anthony-Thomas Candy
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Sugar Confectionery Market Report Segments:
The global Sugar Confectionery market is segmented on the basis of:
Types
Hard-Boiled Sweets, Caramels and Toffees, Gums and Jellies, Medicated Confectionery, Mints, Others
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
Dessert, Drinks, Ice Cream, Other
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:
- Ferrara Candy
- HARIBO
- Mondelez International
- Nestle
- Perfetti Van Melle
- Wrigley
- Adams and Brooks Candy
- American Licorice
- Anthony-Thomas Candy
Highlights of The Sugar Confectionery 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:
- Hard-Boiled Sweets
- Caramels and Toffees
- Gums and Jellies
- Medicated Confectionery
- Mints
- Others
- By Application:
- Dessert
- Drinks
- Ice Cream
- Other
- 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 Sugar Confectionery 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
- Identifying Appropriate Advertising Appeals
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?
Sugar Confectionery is a type of food that is made from sugar and other ingredients. These foods can be eaten as snacks or desserts.
Some of the major players in the sugar confectionery market are Ferrara Candy, HARIBO, Mondelez International, Nestle, Perfetti Van Melle, Wrigley, Adams and Brooks Candy, American Licorice, Anthony-Thomas Candy.
The sugar confectionery market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sugar Confectionery Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Sugar Confectionery Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sugar Confectionery Market - Supply Chain
4.5. Global Sugar Confectionery Market Forecast
4.5.1. Sugar Confectionery Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sugar Confectionery Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sugar Confectionery Market Absolute $ Opportunity
5. Global Sugar Confectionery Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Sugar Confectionery Market Size and Volume Forecast by Type
5.3.1. Hard-Boiled Sweets
5.3.2. Caramels and Toffees
5.3.3. Gums and Jellies
5.3.4. Medicated Confectionery
5.3.5. Mints
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sugar Confectionery Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Sugar Confectionery Market Size and Volume Forecast by Application
6.3.1. Dessert
6.3.2. Drinks
6.3.3. Ice Cream
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sugar Confectionery Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Sugar Confectionery Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Sugar Confectionery Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Sugar Confectionery Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Sugar Confectionery Demand Share Forecast, 2019-2026
9. North America Sugar Confectionery Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Sugar Confectionery Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Sugar Confectionery Market Size and Volume Forecast by Application
9.4.1. Dessert
9.4.2. Drinks
9.4.3. Ice Cream
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sugar Confectionery Market Size and Volume Forecast by Type
9.7.1. Hard-Boiled Sweets
9.7.2. Caramels and Toffees
9.7.3. Gums and Jellies
9.7.4. Medicated Confectionery
9.7.5. Mints
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Sugar Confectionery Demand Share Forecast, 2019-2026
10. Latin America Sugar Confectionery Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Sugar Confectionery Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Sugar Confectionery Market Size and Volume Forecast by Application
10.4.1. Dessert
10.4.2. Drinks
10.4.3. Ice Cream
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sugar Confectionery Market Size and Volume Forecast by Type
10.7.1. Hard-Boiled Sweets
10.7.2. Caramels and Toffees
10.7.3. Gums and Jellies
10.7.4. Medicated Confectionery
10.7.5. Mints
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Sugar Confectionery Demand Share Forecast, 2019-2026
11. Europe Sugar Confectionery Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Sugar Confectionery Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Sugar Confectionery Market Size and Volume Forecast by Application
11.4.1. Dessert
11.4.2. Drinks
11.4.3. Ice Cream
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sugar Confectionery Market Size and Volume Forecast by Type
11.7.1. Hard-Boiled Sweets
11.7.2. Caramels and Toffees
11.7.3. Gums and Jellies
11.7.4. Medicated Confectionery
11.7.5. Mints
11.7.6. Others 11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Sugar Confectionery Demand Share, 2019-2026
12. Asia Pacific Sugar Confectionery Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Sugar Confectionery Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Sugar Confectionery Market Size and Volume Forecast by Application
12.4.1. Dessert
12.4.2. Drinks
12.4.3. Ice Cream
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sugar Confectionery Market Size and Volume Forecast by Type
12.7.1. Hard-Boiled Sweets
12.7.2. Caramels and Toffees
12.7.3. Gums and Jellies
12.7.4. Medicated Confectionery
12.7.5. Mints
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Sugar Confectionery Demand Share, 2019-2026
13. Middle East & Africa Sugar Confectionery Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Sugar Confectionery Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Sugar Confectionery Market Size and Volume Forecast by Application
13.4.1. Dessert
13.4.2. Drinks
13.4.3. Ice Cream
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sugar Confectionery Market Size and Volume Forecast by Type
13.7.1. Hard-Boiled Sweets
13.7.2. Caramels and Toffees
13.7.3. Gums and Jellies
13.7.4. Medicated Confectionery
13.7.5. Mints
13.7.6. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Sugar Confectionery Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Sugar Confectionery Market: Market Share Analysis
14.2. Sugar Confectionery Distributors and Customers
14.3. Sugar Confectionery Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ferrara Candy
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. HARIBO
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mondelez International
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nestle
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Perfetti Van Melle
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Wrigley
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Adams and Brooks Candy
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. American Licorice
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Anthony-Thomas Candy
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
