Food and Beverages

Confectionery Market Size to Grow US$ 298.2 Billion by 2030

Precedence Research recently published a report on “Confectionery Market (By Type: Chocolate, Sugar Confectionery, Gums & Jellies, Mints, and Others; By Distribution Channel: Supermarkets & Hypermarkets, Pharmaceuticals, Specialty Stores, Convenience Stores, Online Stores, and Others; By Age Group: Adult, Kids, and Geriatric) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2021 – 2030”, the global confectionery market size is projected to hit USD 298.2 billion by 2030 from an estimated USD 235.5 billion in 2020, growing at a noteworthy CAGR of 2.4% from 2021 – 2030.

The market revenue/volume with the help of widespread quantitative and qualitative insights, and forecasts of the market. This report presents breakdown of market into forthcoming and niche segments. Additionally, this research study gauges market revenue growth and its drift at global, regional, and country from 2017 to 2030. This research report evaluates confectionery market on a global and regional level. It offers thorough analysis of market status, growth and forecast of the global confectionery market for the period from 2017 to 2030.

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Crucial factors accountable for market growth are:

  • Rising disposable income
  • Changing consumer tastes and preferences
  • Growing popularity of sugar free confectioneries
  • Increasing health consciousness among the population
  • Growing demand for the organic chocolate
  • Continuous product launches by the key players
  • Increased per capita chocolate consumption in North America and Europe
  • Growing penetration of online food deliveries and online groceries
  • Growing geriatric population to drive the sugar free confectioneries demand

Report Scope of the Confectionery Market

Report Highlights Details
Market Size USD 298.2 billion by 2030
Growth Rate CAGR of 2.4% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Largest Market Europe
Fastest Growing Market Asia Pacific
Segments Covered Type, Age Group, Distribution Channel
Companies Mentioned Nestle S.A., The Hershey Company, Mars Incorporated, Ferrero Group, Mondelez International, Inc., HariboGmbh& Co. K.G., Barry Callebaut, Meiji Holdings, Pladis Global, Chocoladefabriken Lindt &Sprungli AG, Ezaki Glico Co. Ltd.

Report Highlights

  • By type, the chocolate segment led the global confectionery market with remarkable revenue share in 2020. This is attributed to the growing demand and increased consumption of the organic chocolates across the major markets like Europe and North America. Moreover, the per capita consumption of chocolates is higher in the European countries.
  • By distribution channel, the online stores segment is expected to be the fastest-growing segment owing to the rising penetration of internet, and growing popularity of online ordering and easy home deliveries with convenient payment systems.
  • By age group, the geriatric segment is estimated to be the most opportunistic segment owing to the growing geriatric population and growing demand for the sugar free confectioneries among this age group.

Scope of the Study

This confectionery market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This research report offers scenario and forecast (revenue/volume), and categorizes market by players, type, application, and region. This report also studies global market prominence, competitive landscape, market share, growth rate market dynamics such as drivers, restraints and opportunities, and distributors and sales channel.

This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers competitive scenario which comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

Key Players:

This report also provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the confectionery market and ranks noticeable companies as per their occurrence in diverse regions across globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.

Some of the prominent players in the confectionery market include:

  • Nestle S.A.
  • The Hershey Company
  • Mars Incorporated
  • Ferrero Group
  • Mondelez International, Inc.
  • HariboGmbh& Co. K.G.
  • Barry Callebaut
  • Meiji Holdings
  • Pladis Global
  • Chocoladefabriken Lindt &Sprungli AG
  • Ezaki Glico Co. Ltd.

Segments Covered in the Report

By Type

  • Chocolate
  • Sugar Confectionery
  • Gums & Jellies
  • Mints
  • Others

 By Distribution Channel

  • Supermarkets & Hypermarkets
  • Pharmaceuticals
  • Specialty Stores
  • Convenience Stores
  • Online Stores
  • Others

By Age Group

  • Adult
  • Kids
  • Geriatric

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Key Points Covered in confectionery market Study:

  • Growth of confectionery in 2021
  • Market Estimates and Forecasts (2017-2030)
  • Brand Share and Market Share Analysis
  • Key Drivers and Restraints Shaping Market Growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Recommendation on Key Winning Strategies
  • COVID-19 Impact on Demand for confectionery and How to Navigate
  • Key Product Innovations and Regulatory Climate
  • confectionery Consumption Analysis
  • confectionery Production Analysis
  • confectionery and Management

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Confectionery Market, By Product

7.1. Confectionery Market, by Product Type, 2021-2030

7.1.1. Chocolate

7.1.1.1. Market Revenue and Forecast (2019-2030)

7.1.2. Sugar Confectionery

7.1.2.1. Market Revenue and Forecast (2019-2030)

7.1.3. Gums & Jellies

7.1.3.1. Market Revenue and Forecast (2019-2030)

7.1.4. Mints

7.1.4.1. Market Revenue and Forecast (2019-2030)

7.1.5. Others

7.1.5.1. Market Revenue and Forecast (2019-2030)

Chapter 8. Global Confectionery Market, By Age Group

8.1. Confectionery Market, by Age Group, 2021-2030

8.1.1. Adult

8.1.1.1. Market Revenue and Forecast (2019-2030)

8.1.2. Kids

8.1.2.1. Market Revenue and Forecast (2019-2030)

8.1.3. Geriatric

8.1.3.1. Market Revenue and Forecast (2019-2030)

Chapter 9. Global Confectionery Market, By Distribution Channel 

9.1. Confectionery Market, by Distribution Channel, 2021-2030

9.1.1. Supermarkets & Hypermarkets

9.1.1.1. Market Revenue and Forecast (2019-2030)

9.1.2. Pharmaceuticals

9.1.2.1. Market Revenue and Forecast (2019-2030)

9.1.3. Specialty Stores

9.1.3.1. Market Revenue and Forecast (2019-2030)

9.1.4. Convenience Stores

9.1.4.1. Market Revenue and Forecast (2019-2030)

9.1.5. Online Stores

9.1.5.1. Market Revenue and Forecast (2019-2030)

9.1.6. Others

9.1.6.1. Market Revenue and Forecast (2019-2030)

Chapter 10. Global Confectionery Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Product (2019-2030)

10.1.2. Market Revenue and Forecast, by Age Group (2019-2030)

10.1.3. Market Revenue and Forecast, by Distribution Channel (2019-2030)

10.1.4. U.S.

10.1.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.1.4.2. Market Revenue and Forecast, by Age Group (2019-2030)

10.1.4.3. Market Revenue and Forecast, by Distribution Channel (2019-2030)

10.1.5. Rest of North America

10.1.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.1.5.2. Market Revenue and Forecast, by Age Group (2019-2030)

10.1.5.3. Market Revenue and Forecast, by Distribution Channel (2019-2030)

10.2. Europe

10.2.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.2. Market Revenue and Forecast, by Age Group (2019-2030)

10.2.3. Market Revenue and Forecast, by Distribution Channel (2019-2030)

10.2.4. UK

10.2.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.4.2. Market Revenue and Forecast, by Age Group (2019-2030)

10.2.4.3. Market Revenue and Forecast, by Distribution Channel (2019-2030)

10.2.5. Germany

10.2.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.5.2. Market Revenue and Forecast, by Age Group (2019-2030)

10.2.5.3. Market Revenue and Forecast, by Distribution Channel (2019-2030)

10.2.6. France

10.2.6.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.6.2. Market Revenue and Forecast, by Age Group (2019-2030)

10.2.6.3. Market Revenue and Forecast, by Distribution Channel (2019-2030)

10.2.7. Rest of Europe

10.2.7.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.7.2. Market Revenue and Forecast, by Age Group (2019-2030)

10.2.7.3. Market Revenue and Forecast, by Distribution Channel (2019-2030)

10.3. APAC

10.3.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.2. Market Revenue and Forecast, by Age Group (2019-2030)

10.3.3. Market Revenue and Forecast, by Distribution Channel (2019-2030)

10.3.4. India

10.3.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.4.2. Market Revenue and Forecast, by Age Group (2019-2030)

10.3.4.3. Market Revenue and Forecast, by Distribution Channel (2019-2030)

10.3.5. China

10.3.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.5.2. Market Revenue and Forecast, by Age Group (2019-2030)

10.3.5.3. Market Revenue and Forecast, by Distribution Channel (2019-2030)

10.3.6. Japan

10.3.6.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.6.2. Market Revenue and Forecast, by Age Group (2019-2030)

10.3.6.3. Market Revenue and Forecast, by Distribution Channel (2019-2030)

10.3.7. Rest of APAC

10.3.7.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.7.2. Market Revenue and Forecast, by Age Group (2019-2030)

10.3.7.3. Market Revenue and Forecast, by Distribution Channel (2019-2030)

10.4. MEA

10.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.2. Market Revenue and Forecast, by Age Group (2019-2030)

10.4.3. Market Revenue and Forecast, by Distribution Channel (2019-2030)

10.4.4. GCC

10.4.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.4.2. Market Revenue and Forecast, by Age Group (2019-2030)

10.4.4.3. Market Revenue and Forecast, by Distribution Channel (2019-2030)

10.4.5. North Africa

10.4.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.5.2. Market Revenue and Forecast, by Age Group (2019-2030)

10.4.5.3. Market Revenue and Forecast, by Distribution Channel (2019-2030)

10.4.6. South Africa

10.4.6.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.6.2. Market Revenue and Forecast, by Age Group (2019-2030)

10.4.6.3. Market Revenue and Forecast, by Distribution Channel (2019-2030)

10.4.7. Rest of MEA

10.4.7.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.7.2. Market Revenue and Forecast, by Age Group (2019-2030)

10.4.7.3. Market Revenue and Forecast, by Distribution Channel (2019-2030)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.5.2. Market Revenue and Forecast, by Age Group (2019-2030)

10.5.3. Market Revenue and Forecast, by Distribution Channel (2019-2030)

10.5.4. Brazil

10.5.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.5.4.2. Market Revenue and Forecast, by Age Group (2019-2030)

10.5.4.3. Market Revenue and Forecast, by Distribution Channel (2019-2030)

10.5.5. Rest of LATAM

10.5.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.5.5.2. Market Revenue and Forecast, by Age Group (2019-2030)

10.5.5.3. Market Revenue and Forecast, by Distribution Channel (2019-2030)

Chapter 11. Company Profiles

11.1. Nestle S.A.

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. The Hershey Company

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Mars Incorporated

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Ferrero Group

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Mondelez International, Inc.

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. HariboGmbh& Co. K.G.

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Barry Callebaut

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Meiji Holdings

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Pladis Global

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Chocoladefabriken Lindt & Sprungli AG

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

11.11. Ezaki Glico Co. Ltd.

11.11.1. Company Overview

11.11.2. Product Offerings

11.11.3. Financial Performance

11.11.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Precedence Research

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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