Sugar Confectionery Market Expected to Grow at a CAGR of 3.03%

Pune, March 31, 2022 (GLOBE NEWSWIRE) — The Global Sugar Confectionery market report provides a comprehensive overview of key components such as drivers, limitations, historical and current trends, technical development and future growth . The research report contains company analysis, size, share, company revenue and sales, current progress. The Sugar Confectionery Market analysis also focuses on the global major industry players in the market with details such as company profiles, capacity, production, price, cost, income.

Global Sugar Confectionery Market was valued at USD 471.32 Million in 2021 and will grow with a CAGR of 3.03% from 2021 to 2027, according to the recently published report by Researcher.

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Confectionery is the art of making confections, which are foods high in sugar and carbohydrates. Exact definitions are difficult. In general, however, confectionery is divided into two broad, somewhat overlapping categories, bakery confectionery and sugar confectionery. The confectionery market is growing at a steady pace due to strong demand from middle-class consumers. The introduction of new products with innovative flavors and healthy ingredients, the increase in the gifting trend and the growth of the retail market are expected to drive demand in the near future. Also, increasing disposable income and increasing population in emerging countries such as China and India are expected to increase the market over the analysis period. However, growing health awareness across the world and increasing occurrences of diabetes are estimated to be hampering the growth of the sugar confectionery market. Major players in the region are investing in advertising and marketing campaigns to enhance their brand recognition and influence in the sugar confectionery industry.

The best players mainly focus on technical developments in order to increase efficiency. The long-term growth patterns of this market can be taken by pursuing current development progress and financial strength to participate in the best strategies.

The main players in the sugar confectionery market are:

  • Ferrara sweets
  • HARIBO
  • Mondelez International
  • Nestle
  • Perfect Van Melle
  • Wrigley
  • Adams and Brooks candies
  • American licorice
  • Anthony-Thomas Candy

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By type:

  • hard candy
  • Caramels and Caramels
  • gums and jellies
  • Medicated confectionery
  • mints

By app:

Sugar Confectionery Market Reports offers a key study on the market position of Sugar Confectionery manufacturers with facts and figures, definition, expert opinions and the latest developments across the globe. The report also calculates the market size, sales, price, revenue, gross margin and market share, cost structure and growth rate.

Regional analysis:

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey, etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil etc.)
  • Middle East and Africa (Egypt and GCC countries)

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Key indicators analyzed

Market Players and Competitor Analysis: The report covers major industry players including company profile, product specifications, production/sales capacity, revenue, price and gross margin 2016-2027 and sales with analysis insight into the market competitive landscape and in-depth vendor information and comprehensive factor details that will challenge the growth of the major vendors in the market.

Global and regional market analysis: The report includes global and regional market status and outlook 2016-2027. Additionally, the report provides details about each region and country covered in the report. Identify its sales, sales volume and revenue forecasts. With a detailed analysis by types and applications.

Market trends: Key market trends which include increased competition and continuous innovations.

Opportunities and Drivers: Identify growing demands and new technologies

Porters Five Forces Analysis: The report presents the state of competition in the industry based on five fundamental forces: the threat of new entrants, the bargaining power of suppliers, the bargaining power of buyers, the threat of substitute products or services, and the existing rivalry in the industry.

Main table of contents:

1 Presentation of the report

2 Market Competition by Manufacturers

3 Sales by region

4 North America Sugar Confectionery Consumption by Countries

5 East Asia Sugar Consumption by Countries

6 Europe Sugar Consumption by Countries

7 Southeast Asia Sugar Consumption by Countries

8 Southeast Asia Sugar Consumption by Countries

9 Middle East Sugar Consumption by Countries

10 Africa Sweets Consumption by Countries

11 Oceania Sugar Consumption by Countries

12 South America Sugar Consumption by Countries

13 Rest of the Global Sweets Consumption by Countries

14 Sales Volume, Revenue, Sales Price Trend by Type

15 Consumption Analysis by Application

16 company profiles and key figures of the sugar confectionery industry

17 Icing Sugar Manufacturing Cost Analysis

18 Marketing Channel, Distributors and Customers

19 Market dynamics

20 Production and Supply Forecast

21 Consumption and demand forecast

22 Research results and conclusion

23 Methodology and data source

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Rachel J. Bradford