BusinessFood & Beverage

Sugar Confectionary Market by Major Players, Supply, Demand, Market Dynamic Forces & Forecast 2024

Sugar Confectionary Market 2019 report focuses on the major drivers and restraints for the global key players. It also provides analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.

Global Sugar Confectionary Market is valued approximately USD 48.90 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 3.21% over the forecast period 2019-2026. Sugar confectionery is a range of sugarbased products, including boiled sweets (hard glasses), fatty emulsions (toffees and caramels), soft crystalline products (fudges), fully crystalline products (fondants), and gels (gums, pastilles, and jellies). The principal ingredient of sugar confectionary comprises sucrose, invert sugars and glucose syrups. Invert sugar is the mixture of glucose and fructose produced by the hydrolysis; 1.3 times as sweet as sucrose. Introduction of new products with innovative flavors & healthy ingredients is one of the major factors responsible for high CAGR of the market. Growing demand for natural and organic candies

Is the major factor that offers growth opportunities. Also, increasing demand from middle-class consumers, increase in population and rise in disposable income in developing countries is contributing towards growth of global Sugar Confectionary market. However, rising health awareness among people and rise in instances of diabetes are the factors anticipated to hamper the market growth during the forecast period.

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Major market player included in this report are:

  • Ferrara Candy
  • HARIBO
  • Mondelez International
  • Nestle
  • Prefetti Van Melle
  • Wrigley
  • Adams and Brooks Candy
  • American Licorice
  • Anthony-Thomas Candy

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

  • Hot-Boiled Sweets
  • Caramels & Toffees
  • Gums & Jellies
  • Medicated Confectionary
  • Mints
  • Others

By Application:

  • Dessert
  • Drinks
  • Ice Cream
  • Others

By Regions:

  • North America
  • S.
  • Canada
  • Europe
  • UK
  • Germany
  • Asia Pacific
  • China
  • India
  • Japan
  • Latin America
  • Brazil
  • Mexico
  • Rest of the World

Target Audience of the Global Sugar Confectionary Market in Market Study:

  • Key Consulting Companies & Advisors
  • Large, medium-sized, and small enterprises
  • Venture capitalists
  • Value-Added Resellers (VARs)
  • Third-party knowledge providers
  • Investment bankers
  • Investors

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Sumedh Raj

Sumedh is a content marketing coordinator and social media manager for The Innovative Reports and Market Research Analyst. Sumedh holds a Bachelor's Degree in Communications and Public Relations from University of Pune and offers many years of experience in various forms of writing. Some of her favorite hobbies include exploring new music, creative writing and spending time with his dogs.

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