DUBLIN, December 06, 2021–(BUSINESS WIRE)–The "Global Confectionery Market to 2025" report has been added to ResearchAndMarkets.com's offering.
The global Confectionery sector was valued at US$191.4 billion in 2020 and is forecast to record a CAGR of 3.1% during 2020-2025 to reach US$222.4 billion by 2025.
The Americas represented the largest region for the global Confectionery sector, with a value share of 29.9% in 2020, followed by the Western Europe accounting for 28.2% and Asia-Pacific with 23.9%. Among all the regions, Eastern Europe and Western Europe are forecast to record the highest value CAGR of 3.5% each, during 2020-2025.
Chocolate was the largest category, with a value share of 55.8%, followed by sugar confectionery (33.3%) and gum (10.9%) in 2020. Mars, Incorporated is the leading company with a value share of 14.8% in 2020, followed by Mondelez International, Inc, Nestle SA. The overall share of private label products stood at 4.1%.
Hypermarkets & supermarkets was the leading distribution channel for confectionery globally, with a value share of 42.7% in 2020, followed by convenience stores with 25.7%. Hypermarkets & supermarkets' large share can be attributed to the developed organized retail industry in major countries.
Low/No sugar products are gaining traction among consumers owing to shift towards healthy lifestyle. The global challenge to this sector is the availability of raw materials due to the changing weather conditions and the rising sugar taxes imposed by governments to wean consumers off from sugary foods and drive an impetus toward healthier alternatives.
The novel & experimental and personalization are the common trends among majority of the high-potential countries in the global confectionery sector.
Key Topics Covered:
Part 1: Sector Overview
Current scenario and future outlook
Global confectionery sector overview – what are the growth drivers, latest developments, and future inhibitors?
Regional confectionery overview – what are the growth drivers, latest developments, and future inhibitors?
Key challenges in the global confectionery sector
Part 2: Shift In Food Consumption Patterns
Change in consumption levels in the overall food industry, 2014-2024
Reasons for shift in consumption patterns
Part 3: Identifying High-Potential Countries
Analysis of 10 countries on the basis of risk-reward analysis (market assessment, economic development,
Socio-demographic, governance indicators, and technological infrastructure
Part 4: Country Deep Analysis
High-potential country analysis
Future outlook
Part 5: Health & Wellness Analysis – Global and Regional Level
Value share analysis of health & wellness market
Health & wellness market growth analysis by region
Key product attributes
Key consumer benefits
Leading health & wellness companies by category
Part 6: Competitive Landscape
Leading companies by value – Global
Leading companies and brands share analysis – Global
Leading companies and brands share analysis by region
Part 7: Competitive Landscape – Market Analysis
Part 8: Market Share of Private Label
Private label share analysis by region
Private label share analysis by region
Part 9: Key Distribution Channels
Share of key distribution channels – global and regional level
Part 10: Key Packaging Formats
Companies Mentioned
The Hershey Co
Mars Incorporated
Mondelez International Inc
Ferrero
Nestle
Perfetti Van Melle SpA
Lotte Co. Ltd.
Cloetta Ab
Minoo industrial group
Fujian Yake Food Co. Ltd.
Lofthouse Of Fleetwood Ltd.
Morinaga & Co. Ltd.
Want Want China Holdings Limited
Melville Candy Company
Tootsie Roll Industries Inc
For more information about this report visit https://www.researchandmarkets.com/r/vicisl
View source version on businesswire.com: https://www.businesswire.com/news/home/20211206005594/en/
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