Sugar Confectionery Market Size, Share, and Growth Analysis

Global Sugar Confectionary Market

Sugar Confectionary Market By Product (Hard Candy, Chocolate Sugar Confectionery, Gummy Candy, Marshmallow And Others), By Packaging (Flexible Packaging, Rigid Packaging, Bulk Packaging, Sustainable Packaging, Others), By Distribution Channel, By Region-Industry Forecast 2025-2032.


Report ID: SQMIG30I2528 | Region: Global | Published Date: July, 2025
Pages: 184 |Tables: 94 |Figures: 71

Format - word format excel data power point presentation

Sugar Confectionery Market Insights

Global Sugar Confectionary Market size was valued at USD 240.5 Billion in 2023 and is poised to grow from USD 253.49 Billion in 2024 to USD 386.08 Billion by 2032, growing at a CAGR of 5.4% in the forecast period (2025-2032).

This expansion is fueled by rising disposable incomes, evolving consumer preferences for indulgent and functional treats, and the increasing popularity of sugar-free and organic options. Hard-boiled sweets and gummies remain top sellers, while innovations in flavors, packaging, and health-conscious formulations are drawing in younger and more diverse demographics. Seasonal demand, especially during holidays and festivals, continues to boost sales, and the growth of e-commerce is reshaping how consumers access and explore Sugar confectionery products.

In addition to traditional favourites, the sugar confectionery market is witnessing a surge in demand for functional and premium products, such as candies infused with vitamins, probiotics, or herbal extracts. Consumers are increasingly drawn to treats that offer both indulgence, and perceived health benefits. This shift is prompting manufacturers to experiment with plant-based ingredients, natural sweeteners, and sustainable packaging.

The sugar confectionery market faces several key challenges, including rising raw material costs particularly for sugar and cocoa, which have surged over 15% in recent years, squeezing profit margins. Growing health concerns around sugar consumption, obesity, and diabetes are prompting regulatory actions like sugar taxes and pushing consumers toward healthier alternatives. Additionally, supply chain disruptions and the high cost of reformulating products with natural sweeteners or functional ingredients add complexity. These pressures are forcing manufacturers to innovate while balancing affordability, taste, and health-conscious demands.

How Is AI Reshaping the Sugar Confectionery Industry?

AI is revolutionizing the sugar confectionery industry by streamlining production, enhancing product innovation, and personalizing consumer experiences. From predictive maintenance and flavor trend analysis to targeted marketing and sustainable packaging, brands like Nestlé and Hershey are using AI to boost efficiency, creativity, and customer engagement while reducing waste and accelerating time-to-market.

AI is driving innovation in sugar confectionery by predicting flavor trends, enabling unique product development, and reducing launch risks. It also powers personalized marketing boosting sales and supports sustainability through improved traceability and eco-friendly packaging.

  • For instance, leading sugar confectionery brands like Nestlé and Hershey are leveraging advanced AI and machine learning technologies across their operations. These systems assist in real-time quality control, predictive maintenance, and automated packaging on production lines. While the industry traditionally focused on mass-market treats, AI-powered innovations, such as personalized flavor development and sustainable ingredient sourcing are laying the groundwork for a new era of premium, health-conscious, and eco-friendly Sugar confectionery offerings

Market snapshot - (2025-2032)

Global Market Size

USD 240.5 Billion

Largest Segment

Gummy Candy

Fastest Growth

Marshmellows

Growth Rate

5.4% CAGR

Global Sugar Confectionery Market ($ Bn)
Country Share for North America Region (%)

To get more reports on the above market click here to Buy The Report

Sugar Confectionery Market Segments Analysis

The global sugar confectionery market is segmented by product, packaging, distribution channel, and region. Based on product, the market is segmented into hard candy, chocolate confectionery, gummy candy, marshmallow, and others. Based on distribution channel, the market is segmented into supermarkets, convenience stores, online retail, and specialty stores based on packaging, the market is into flexible packaging, rigid packaging, bulk packaging, sustainable packaging Based on region, the market is segmented into North America, Asia-Pacific, Europe, Latin America, and the Middle East and Africa.

What Is Making Gummy Candy the Crown Jewel of the Sugar Confectionery?

As per the global sugar confectionery market outlook, one of the dominating and fastest-growing segments is gummy candy. This segment commands highest market share, making it the largest product segment by a significant margin. Its popularity stems from the wide variety of textures, flavours, and functional benefits it offers, especially appealing to health-conscious consumers seeking alternatives to traditional sweets. Gummies have become a go-to format for delivering vitamins, herbal supplements, and other functional ingredients, blending indulgence with wellness.

As per global sugar confectionery market forecast, the marshmallow segment is emerging as one of the fastest-growing segments within themarket, fueled by innovation in flavours, format, and applications. Companies are reimagining marshmallows beyond traditional treats, introducing gourmet, artisanal, and functional varieties that appeal to both nostalgic and health-conscious consumers. From plant-based and sugar-free options to filled and coated marshmallows with exotic flavors like matcha or raspberry-chili, the category is expanding rapidly.

Why Are Supermarkets Still the Most Crucial and Dominant Segment of the Sugar Confectionery Market?

Supermarkets dominate the sugar confectionery market due to their ability to offer a wide variety of products in one location, providing convenience and a one-stop shopping experience for consumers. Their large-scale operations, extensive distribution networks, and strategic merchandising also contribute to their market dominance. Additionally, they leverage loyalty programs and promotional activities to attract and retain customers. 

Supermarkets hold most varieties regarding the eatables especially in the packaged food industry and due to their broad product selection, strategic placement of sugar confectionery aisles, competitive pricing, and the convenience of one-stop shopping. These factors collectively make them a favored destination for consumers seeking sugar confectionery products. 

As per global sugar confectionery market analysis, the online retail store segment is the fastest growing in the market. Online retailers are attracting consumers through user-friendly applications that showcase a wide variety of sugar confectionery products from leading market players. The segment's growth is further supported by the convenience of product identification through user-friendly options on shopping websites, complemented by flexible delivery and payment solutions. The rising number of smartphone users, coupled with widespread internet penetration across key regions, is anticipated to continue fostering online sales of sugar confectionery during the forecast period.

Global Sugar Confectionery Market By Product Type (%)

To get detailed analysis on other segments, Request For Free Sample Report

Sugar Confectionery Market Regional Insights

How Is North America Leading the Global Sugar Confectionery Market?

North America, particularly, leads the sugar confectionery industry due to a combination of factors including a large and diverse consumer base, well-established retail infrastructure, and the presence of major sugar confectionery companies. The region also benefits from strong consumer preferences for sweet treats, innovative product offerings, and a robust distribution network. 

Sugar Confectionery Market in U.S.

The U.S. sugar confectionery market with chocolate and candies, gummies, and jellies, has been very well-liked among customers in the U.S. in recent years. Consumers today seek out delicious confections in a variety of flavors that are of high caliber. Over the forecast period, this factor is anticipated to fuel the growth of the American confectionery market. Consumers are increasingly willing to pay a premium for high-quality and indulgent sugar confectionery products, such as artisanal chocolates, gourmet candies, and luxury sweets. There is a growing trend towards organic and natural products, with consumers seeking out sugar confectionery products that are made with natural ingredients, and free from artificial colors and flavors.

Sugar Confectionery Market in Canada

The sugar confectionery market in Canada's food market is currently experiencing negligible growth due to various factors such as increasing health awareness, changing consumer preferences, and the convenience of online shopping. Despite the sub-markets of chocolate sugar confectionery, sugar confectionery, ice cream, and preserved pastry goods & cakes. The overall market is struggling to grow, due to the shift towards healthier snacking options and competition from alternative indulgent treats.

Is Asia Pacific Emerging as a Favourable Continent for Sugar Confectionery Market?

Asia-Pacific is witnessing rapid sugar confectionery market growth. This market in Asia is experiencing minimal growth, influenced by factors such as increasing health awareness, convenience of online services, and diverse product offerings. Despite challenges in sub-markets, the overall market is expected to continue growing due to the popularity of indulgent treats and rising disposable incomes.

Sugar Confectionery Market in Japan

 In Japan, the sugar confectionery market is experiencing a rise in demand for healthier and more natural products. Consumers are increasingly concerned about the ingredients used in their snacks and are seeking options with fewer additives and preservatives. This trend is expected to continue as health and wellness become a top priority for Japanese consumers. As a result, sugar confectionery companies are investing in research and development to create healthier alternatives and are also expanding their product lines to include organic and natural options. This shift towards healthier snacks has significant implications for industry stakeholders, including the need for companies to adapt their product offerings and marketing strategies to meet changing consumer preferences.

Sugar Confectionery Market in South Korea

As per regional outlook, the sugar confectionery market in South Korea is experiencing robust growth, primarily driven by changing consumer preferences and lifestyle trends. To begin with, the increasing demand for indulgent and premium sweets has propelled the sugar confectionery sector to new heights. Consumers are increasingly seeking unique and exotic flavors, driving innovation and product development within the industry. Moreover, the rising disposable income of the regional population has led to an uptick in discretionary spending on sugar confectionery items, bolstering market expansion.

What Is Driving the Enhancement of the Sugar Confectionery Market in Europe?

Premium and artisanal sugar confectionery products are gaining significant traction across Europe, with consumers showing increased appreciation for high-quality, uniquely crafted offerings. This trend is particularly evident in the chocolate segment, where artisanal chocolatiers are experiencing growing demand for their handcrafted products. Manufacturers are responding by introducing limited editions, single-origin products, and innovative flavor combinations that cater to sophisticated palates. The premium segment is also seeing innovation in packaging and presentation, with sustainable and gift-worthy packaging becoming increasingly important to consumers.

Sugar Confectionary Market in Germany

As per regional forecast, the sugar confectionery market in Germany is not only one of the largest in Europe but also globally influential. The non-cocoa Sugar confectionery segment, including gummy candies and licorice, has also performed robustly, driven by its appeal across age groups. Seasonal and festive confections, such as Christmas-themed chocolates and Easter treats, add significant value during peak periods, buoyed by strong cultural traditions.

Sugar Confectionary Market in the U.K.

In recent years, the UK sugar confectionery market trends have indicated resilience amid evolving consumer preferences, and cost-of-living pressure. These elements have redefined how and where products are marketed, but they’ve also driven innovation in healthier product formulations and creative marketing strategies. Indulgent treats like chocolate remain popular, even as the demand for sustainable, low-sugar, and plant-based options rises.

Sugar Confectionary Market in Italy

As per industry analysis, the Italian sugar confectionery market in the first quarter of 2025 continues to evolve, driven by significant trends that shape consumer preferences and industry dynamics. The Italian sugar confectionery market has seen a marked shift towards premium and artisan products. This trend is propelled by a consumer demand for high-quality, authentic offerings that resonate with Italy's rich culinary heritage. The focus on small-batch production, traditional methods, and innovative flavors is appealing to both domestic and international markets, particularly with exports to strategic regions like the United Arab Emirates showing potential growth.

Global Sugar Confectionery Market By Geography
  • Largest
  • Fastest

To know more about the market opportunities by region and country, click here to
Buy The Complete Report

Sugar Confectionery Market Dynamics

Sugar Confectionary Market Drivers

Rising Occasions for Gifting Sugar Confectionery

  • The global sugar confectionery market industry is experiencing enhanced growth, due to increasing opportunities for gifting sweets and candies. Events like festivals, birthdays, and holidays have increasingly included sugar confectionery as a staple item. According to reports from industry associations, the gifting of sugar confectionery items has grown over the past five years, with a notable rise during major global celebrations such as Christmas and Diwali. Major companies such as Ferrero and Mondelez International have successfully capitalized on this trend by marketing their products as ideal gifts, especially around festive seasons.

Growing Demand for Sugar Confectionery Products Among Millennials

  • The global sugar confectionery market industry has observed a marked increase in the consumption of sweets and candies among millennials, who prioritize indulgence and novelty in their dietary choices. According to studies by various food industry analysts, millennials represent the global population, a demographic that has been shown to favor products with premium ingredients and innovative flavors. With companies like Mars incorporated in leading the way in diversifying their product lines to cater specifically to this age group, the market is set to witness significant growth.

Sugar Confectionary Market Restraints

Volatility in Raw Material Prices

  • The raw material used for sugar confectionery is derived from various natural sources resulting in a high cost of R&D activities, as well as the volatility of raw material prices, will fluctuate the sugar confectionery market's growth rate. Other market growth restraints include rising obesity prevalence, high sugar levels in patients, and a rising incidence rate of diabetes globally.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

  • When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on pricing and accessibility of the products are considered. An economic slowdown typically leads to decreased consumer spending, potentially causing businesses to lower prices or reduce production, impacting both availability and pricing of products. Reduced demand can result in lower prices, but supply chain disruptions and decreased production can lead to shortages and increased prices in certain sectors. 

Request Free Customization of this report to help us to meet your business objectives.

Sugar Confectionery Market Competitive Landscape

The global sugar confectionery industry is highly competitive and rapidly evolving global giants, and local players merge or acquire companies to strengthen their market position and expand their product portfolios.  A mix of established key players in the sugar confectionery market are actively engaged in various strategic initiatives to maintain and enhance their market positions. These initiatives include product innovation, with a focus on introducing new flavours, formulations, and packaging designs to meet evolving consumer preferences and differentiate their offerings from competitors. Moreover, companies are investing heavily in marketing, and advertising campaigns to build brand awareness and strengthen consumer engagement.

As per market strategies, collaborations and continuous R&D are defining competition in this sugar confectionery market. For example, the NCA president hails the power of collaboration at SOTIC, as the US delivers record Sugar confectionery sales.

  • Ruly (founded in 2024) by management consultant Sophie Murray and Finance Director Lydia Franks. They developed Ruly as a pick-me-up during demanding days in the office, offering an alternative to energy drinks and coffee. The gummy-style sweets are said to give sustained, controlled energy, utilising ‘micro-boosting’ caffeine.

The brand noted that, unlike sports-focused single-dose energy gummies, the energy sweets are made by confectioners rather than supplement manufacturers and are designed as a full-bag treat that you eat like candy.

.

  • Scandalous Foods (founded in 2022) Co-founder Shrikanth, who previously founded Urban Spice, an out of home food company mainly in the event catering business, has 14 years of experience in the food industry. While trying to find gaps in the HoReCa (Hotel, Restaurant, and Café/Catering) space, he realised that side plates categories that contribute less to toplines but add up to a lot more to profits have a huge gap. A solution catering to customers’ impulsive post-meal sugar cravings was lacking.

Top Player’s Company Profiles

  • Barry Callebaut
  • Olam Group
  • The Hershey Company
  • Mars, Incorporated
  • Ingredion
  • DSM 
  • Kerry Group plc 
  • Tate & Lyle
  • Nestle SA
  • Cargill, Incorporated
  • Blommer Chocolate Company 
  • Foley's Candies LP 
  • PURATOS 
  • Ferrero 
  • Mondelez International

Recent Developments in Sugar Confectionary Market

  • In June 2025, Ospree Duty Free and Nestlé Travel Retail launched a dedicated Nestlé space at Mumbai’s Chhatrapati Shivaji Maharaj International Airport Arrivals. Featuring brands like KitKat, Smarties, and Sustainably Sourced Cocoa, the area is designed for easy navigation and strong visual appeal. Sugar confectionery remains a top-performing category in Indian travel retail, with strong demand for gifting and personal indulgence.
  • In May 2025, Sweets & Snacks Expo announced the winners of the Most Innovative New Product Awards, celebrating standout candy and snack launches across 12 categories. With over 400 entries judged by retail experts, this year saw a record number of submissions. Winning products will be showcased starting May 13, highlighting the growing creativity and consumer-focused innovation in the sugar confectionery and snack market.
  • In December 2024, Capital Partners acquired Spectra Sugar confectionery Ltd., Canada's top producer of decorative toppings and Sugar confectionery products. Based in Toronto, Spectra is known for sprinkles, candy-coated chocolates, and custom formulations, supplying major North American food distributors and bakeries. The company stands out for its product quality, innovation, and strong service, strengthening its position in the growing sugar confectionery market.

Sugar Confectionery Key Market Trends

Sugar Confectionery Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

As per SkyQuest analysis, key drivers of sugar confectionery market growth are expected to experience an increase in ethical consumerism. This inclination involves leaning towards products sourced sustainably and ethically manufactured. Vegan and plant-based sugar confectionery is also on the rise, matching the general shift to plant-based eating plans, which is further driving the sugar confectionery market value. Confectionery is receiving additional personalization and customization due to the development of advanced manufacturing equipment, which supports sugar confectionery market price trends and analysis. The trend further reflects the growing popularity of one-of-a-kind client experiences, which is further boosting the sugar confectionery market's worth. As per the sugar confectionery market future forecast, when it comes to new confectionery, there is a distinct trend toward nostalgia. Retro candies are making a revival, with labels reintroducing old top performers to consumers attempting to evoke at the right time, which is another sugar confectionery market driver.

Report Metric Details
Market size value in 2023 USD 240.5 Billion
Market size value in 2032 USD 386.08 Billion
Growth Rate 5.4%
Base year 2024
Forecast period (2025-2032)
Forecast Unit (Value) USD Billion
Segments covered
  • Product
    • Hard Candy, Chocolate Confectionery, Gummy Candy, Marshmallow, Others
  • Packaging
    • Flexible Packaging, Rigid Packaging, Bulk Packaging, Sustainable Packaging
  • Distribution Channel
    • Supermarkets, Convenience Stores, Online retail, Specialty stores
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Barry Callebaut
  • Olam Group
  • The Hershey Company
  • Mars, Incorporated
  • Ingredion
  • DSM 
  • Kerry Group plc 
  • Tate & Lyle
  • Nestle SA
  • Cargill, Incorporated
  • Blommer Chocolate Company 
  • Foley's Candies LP 
  • PURATOS 
  • Ferrero 
  • Mondelez International
Customization scope

Free report customization with purchase. Customization includes:-

  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

 

To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.

Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share

Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Sugar Confectionery Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Sugar Confectionery Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Sugar Confectionery Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Sugar Confectionery Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Sugar Confectionery Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Sugar Confectionery Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

$5,300

REQUEST FOR SAMPLE

Please verify that you're not a robot to proceed!
Want to customize this report? REQUEST FREE CUSTOMIZATION

FAQs

Global Sugar Confectionary Market size was valued at USD 240.5 Billion in 2023 and is poised to grow from USD 253.49 Billion in 2024 to USD 386.08 Billion by 2032, growing at a CAGR of 5.4% in the forecast period (2025-2032).

The global sugar confectionery industry is highly competitive and rapidly evolving global giants, and local players merge or acquire companies to strengthen their market position and expand their product portfolios.  A mix of established key players in the sugar confectionery market are actively engaged in various strategic initiatives to maintain and enhance their market positions. These initiatives include product innovation, with a focus on introducing new flavours, formulations, and packaging designs to meet evolving consumer preferences and differentiate their offerings from competitors. Moreover, companies are investing heavily in marketing, and advertising campaigns to build brand awareness and strengthen consumer engagement.'Barry Callebaut', 'Olam Group', 'The Hershey Company', 'Mars, Incorporated', 'Ingredion', 'DSM ', 'Kerry Group plc ', 'Tate & Lyle', 'Nestle SA', 'Cargill, Incorporated', 'Blommer Chocolate Company ', 'Foley's Candies LP ', 'PURATOS ', 'Ferrero ', 'Mondelez International'

The global sugar confectionery market industry is experiencing enhanced growth, due to increasing opportunities for gifting sweets and candies. Events like festivals, birthdays, and holidays have increasingly included sugar confectionery as a staple item. According to reports from industry associations, the gifting of sugar confectionery items has grown over the past five years, with a notable rise during major global celebrations such as Christmas and Diwali. Major companies such as Ferrero and Mondelez International have successfully capitalized on this trend by marketing their products as ideal gifts, especially around festive seasons.

Reduced Sugar and Sugar Alternatives: Reduced sugar and sugar alternatives are used to decrease sugar consumption while still providing sweetness. Reduced sugar products contain at least 25% less sugar than the regular version, while sugar alternatives are substances used in place of sugar. These alternatives can be natural, like stevia or monk fruit, or artificial, like sucrose. Many people use these options to manage their weight or blood sugar levels

How Is North America Leading the Global Sugar Confectionery Market?

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

AGC3x.webp
Aisin3x.webp
ASKA P Co. LTD3x.webp
BD3x.webp
BILL & MELIDA3x.webp
BOSCH3x.webp
CHUNGHWA TELECOM3x.webp
DAIKIN3x.webp
DEPARTMENT OF SCIENCE & TECHNOLOGY3x.webp
ETRI3x.webp
Fiti Testing3x.webp
GERRESHEIMER3x.webp
HENKEL3x.webp
HITACHI3x.webp
HOLISTIC MEDICAL CENTRE3x.webp
Institute for information industry3x.webp
JAXA3x.webp
JTI3x.webp
Khidi3x.webp
METHOD.3x.webp
Missul E&S3x.webp
MITSUBISHI3x.webp
MIZUHO3x.webp
NEC3x.webp
Nippon steel3x.webp
NOVARTIS3x.webp
Nttdata3x.webp
OSSTEM3x.webp
PALL3x.webp
Panasonic3x.webp
RECKITT3x.webp
Rohm3x.webp
RR KABEL3x.webp
SAMSUNG ELECTRONICS3x.webp
SEKISUI3x.webp
Sensata3x.webp
SENSEAIR3x.webp
Soft Bank Group3x.webp
SYSMEX3x.webp
TERUMO3x.webp
TOYOTA3x.webp
UNDP3x.webp
Unilever3x.webp
YAMAHA3x.webp
Yokogawa3x.webp

Feedback From Our Clients

Global Sugar Confectionary Market
Sugar Confectionery Market

Report ID: SQMIG30I2528

sales@skyquestt.com
USA +1 351-333-4748

BUY NOW GET FREE SAMPLE