The Global Sugar Confectionery Market report endows with superior market perspective in terms of product trends, marketing strategy, future products, new geographical markets, future events, sales strategies, customer actions or behaviours. This market research report has been framed with the most excellent and superior tools of collecting, recording, estimating and analysing market data.
Global Sugar Confectionery Market is expected to grow with a steady CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018, and the historic year of 2017. This rise in market value can be attributed to growth of the retail market and availability of various distribution channels.
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Global Sugar Confectionery Market By Type (Pastilles, Gums, Jellies, Caramel & Toffees, Hard-Boiled Sweets, Medicated Confectionery, Mints, Others), Packaging Type (Sachet, Box, Others), Distribution Channel (Retail Stores, Online Stores, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Complete report on Global Sugar Confectionery Market Research Report 2019-2026 spread across 350 Pages, profiling Top companies and supports with tables and figures
Key Questions Answered in Global Sugar Confectionery Market Report:-
Our Report offers:-
- What will the market growth rate, Overview and Analysis by Type of Global Sugar Confectionery Market in 2026?
- What are the key factors driving, Analysis by Applications and Countries Global Sugar Confectionery Market?
- What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Sugar Confectionery Market?
- Who are Opportunities, Risk and Driving Force of Global Sugar Confectionery Market?
- Who are the opportunities and threats faced by the vendors in Global Sugar Confectionery Market? Business Overview by Type, Applications, Gross Margin and Market Share
- What are the Global Sugar Confectionery Market opportunities, market risk and market overview of the Market?
Market Definition: Global Sugar Confectionery Market
Sugar confectioneries are sweet-tasting food products which as the name suggests are rich in sugar quantities. These confectioneries included products such as candies, chocolates, chewing gums, and various other varieties that are made or rich in sugar.
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Top Key Players:
- The Hershey Company;
- Nestlé;
- Mars, Incorporated;
- Mondelēz International;
- HARIBO of America, Inc.;
- Ferrero;
- Lindt & Sprüngli;
- The Kraft Heinz Company;
- Perfetti Van Melle;
- LOTTE CONFECTIONERY CO.LTD.;
- Adams & Brooks, Inc.;
- Jelly Belly Candy Company.;
- AS Kalev,;
- Mapro Foods Pvt. Ltd.;
- Barambo;
- Roshen.ua;
Market Drivers:
- Growth in the marketing expenditure and strong publicity activities resulting in growth of adoption for confectionery products
- Growth in the disposable income of individuals resulting in adoption of confectionery products for self-consumption as well as for gifting purposes; this factor is expected to drive the market growth
Market Restraints:
- Increasing population suffering from diabetes resulting in health concerns and decrease in adoption of the product; this factor is expected to restrain the market growth
- Vulnerable and fluctuating rate in the prices of raw materials; this factor is expected to act as a restraint to the market growth
Key Developments in the Market:
- In August 2018, LOTTE CONFECTIONERY CO.LTD. announced that they had collaborated with DKSH, expansion and distribution experts to achieve an expanded level of market share and capabilities in Singapore. DKSH will handle all the sales management, key account & product management, credit control services, warehousing & stock management, along with the order fulfilment.
- In March 2018, Nestlé announced the launch of chocolate bars with company’s innovative sugar reduction technology incorporated in the product. The white chocolate bars named as, “Milkybar Wowsomes” are advertised with 30% less sugar usage and will commercially sold in United Kingdom & Ireland.
- In January 2018, Nestlé announced that they have agreed to sell their U.S. confectionery business to Ferrero for USD 2.8 billion. This move will help in expanding both the company’s business models and the deal is expected to be completed by the end of 2018.
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Competitive Analysis:
Global sugar confectionery market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of sugar confectionery market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Market Segmentations:
Global Sugar Confectionery Market is segmented on the basis of
- Type
- Packaging Type
- Distribution Channel
- Geography
Market Segmentations in Details:
By Type
- Pastilles
- Gums
- Jellies
- Caramel & Toffees
- Hard-Boiled Sweets
- Medicated Confectionery
- Mints
- Others
By Packaging Type
- Sachet
- Box
- Others
By Distribution Channel
- Retail Stores
- Online Stores
- Others
By Geography
North America
- S.
- Canada,
- Mexico
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Turkey
- Belgium
- Netherlands
- Switzerland
- Rest of Europe
Asia-Pacific
- Japan
- China
- South Korea
- India
- Australia
- Singapore
- Thailand
- Malaysia
- Indonesia
- Philippines
- Rest of Asia Pacific
South America
- Brazil
- Rest of South America
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
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