Global Confectionery Markets 2021-2025: A Deep Dive into Sector, Challenges and Future Outlook, Country and Regional Analysis, Competitive Landscape, Health & Wellness Analysis – ResearchAndMarkets.com
DUBLIN–(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
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