Overview

The Confectionery Market is estimated to grow at a CAGR of 7.7% during the forecast period 2024-2031

Confectionery refers to a category of food products made primarily from sugar or carbohydrates. Globally, there is a diverse range of confectionery items, which are primarily classified into three categories: chocolate confectionery, sugar confectionery, and bakers' confectionery. Popular products in this category include candies, gums, lollipops, and chocolates.

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Market Growth Trends

Health benefits associated with chocolate products are driving the growth of the overall confectionery market

Dark chocolate is regarded as a healthy snack due to its nutrient content and its potential to reduce the risk of heart disease. Epidemiologists worldwide recommend consuming dark and milk chocolate for heart health, supported by clinically proven studies and research findings.

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Market is Segmented

By Product Type:  Sugar Confectionery, Chocolate Confectionery, Bakers Confectionery

By Distribution Channel:  Supermarkets & Hypermarkets, Bakeries, Convenience Stores, Online, Others

By Region:  North America, Latin America, Europe, Asia Pacific, Middle East, and Africa

Market Key Players

·         Cadbury

·         Nestlé S.A.

·         Delfi Limited

·         The Hershey Company

·         Mars, Incorporated

·         Mondelez International, Inc.

·         Lotte Confectionery

·         Grupo Arcor

·         Brookside Foods Ltd.

·         Parle Products Pvt. Ltd.

Related Reports

Vegan Confectionery Market

Liquid Confectionery Market

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