The new report by Expert Market Research titled, ‘Global Confectionery Market Size, Share, Price, Trends, Analysis, Growth, Report and Forecast 2021-2026’, gives an in-depth analysis of the global confectionery market, assessing the market based on its segments like type, product type, distribution channel, and major regions like North America, Europe, Asia Pacific, Latin America, Middle East and Africa. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

Get a Free Sample Report with Table of Contents –

The key highlights of the report include:

Market Overview (2016-2026)

• Historical Market Size (2020): USD 204 billion
• Forecast CAGR (2021-2026): 4%
• Forecast Market Size (2026): USD 255 billion

The market for confectionery has seen substantial growth due to factors such as rising popularity of sugar-free chocolates and confectioneries. Also, increased knowledge across different industries offers an enormous market opportunity for key players in the confectionery market. This can be attributed to the rising customer preference for goods with low calories due to the increase in many lifestyle diseases. However, the low nutritional content and the fluctuating prices of raw materials such as sugar and cocoa can, pose a significant threat to the growth of the confectionery industry. Whereas the rising perception of confectionery items as affordable luxury and the rise in the buying power of consumers has also triggered the growth of the industry. The growing trend of gifting confectionery items such as bakery products, cookies, chocolates, and others has also boosted the growth of the industry. The demand growth is also supported by other factors, such as rapid urbanization and the increasing retail industry. Over the forecast period, evolving dietary patterns and the launch of new products with superior qualities, such as low sugar, fat, and cholesterol content, with creative packaging are slated to further help the market growth. The COVID-19 pandemic has seriously affected the demand for confectionery. Strict legislation and disruption of supply chains have had a direct impact on the production and demand of confectionery goods, which has had a huge impact on the confectionery industry. The reduced gifting during the pandemic contributed to a sales decline that affected the industry growth. During the first half of the pandemic, several main players who worked in the confectionery industry were forced to shut down their production lines. However, the industry is expected to rebound until 2021 and see a steady growth in the forecast period, with ease in government regulations and vaccine optimism in place.

Industry Definition and Major Segments

The products of confectionery refer to products rich in sugar or related sweeteners. These include gum, ice cream, and frozen treats, delicious baked goods such as cookies, cakes, and pastries, and other sweet items such as jams, jellies, and preserves. These include chocolates and non-chocolate candy. A large range of confectionery products are available worldwide and are primarily known as chocolate confectionery and sugar confectionery.

Read Full Report with Table of Contents –

Based on the type, the industry is divided into:

• Organic
• Conventional

Based on the product type, the industry is divided into:

• Snack Bars

Based on the distribution channel, the industry is divided into:

• Supermarkets and Hypermarkets
• Convenience Stores
Pharmaceuticals and Drug Stores
• Specialty Stores
• Online

The regional markets for confectionery include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market Trends

Geographically, due to the predominance of the chocolate industry in the region and the emerging trend of gifting confectionery products, Europe accounts for a major share of the confectionery industry. The Asia-Pacific region, meanwhile, is projected to see robust growth over the forecast period due to the growing penetration of confectionery products and the increasing demand in the region for packaged food products. Because of rising consumer disposable incomes and the increasingly growing population around the regions, many emerging economies such as China and India are expected to expand significantly in the coming years. The chocolate segment is currently leading the global market for confectionery based on product type. This can be due to the rising popularity of pure chocolates and increasing customer spending on satisfying their palates as chocolates or gums are eaten by all age groups. In the meantime, the ever-increasing demand for dark premium chocolates is expected to increase significantly in the forecast period, thus helping the growth of the industry.

Key Market Players

The major players in the market are The Hershey Company, Ferrero SpA, Mars, Incorporated, Nestlé SA, Chocoladefabriken Lindt & Sprüngli AG, Mondelez International, Inc, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Related Reports:

Indian Premium Tea Market:

India Organic Wild Honey Market:

United States Crayfish Market:

Australia and New Zealand Cheese Market:

Europe Avocado Oil Market:

Global Milk Protein Concentrate Market:

Lactose Market:

Cheddar Cheese Market:

Whey Protein Concentrate Market:

North America Ice Cream Market:

Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: Expert Market Research
Contact Person: Mathew Williams, Business Consultant
Email: [email protected]
Expert Market Research
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States