Candy Market Overview:
Maximize Market Research, a Candy business research firm has published a report on the “Candy Market”. Which provides Industry Analysis (Market Performance, Segments, Price Analysis, and Outlook).
Estimated Growth Rate for Candy Market:
The size of the global candy market was estimated at USD 243.95 billion in 2023, and from 2024 to 2030, total candy income is predicted to increase by 3.9% to reach almost USD 318.87 billion.
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Candy Market Report Scope and Research Methodology:
The scope of the Candy market analysis encompasses diverse factors, including geographical regions, industry segments, traveller types, and travel service offerings. Research methodologies integrate primary and secondary data collection, employing surveys, interviews, and analysis of industry reports and databases. Assessing the Candy market scope involves examining the volume and value of business travel transactions, covering expenditures on transportation, accommodation, dining, and ancillary services. Methodologies aim to identify key trends, challenges, and opportunities influencing the market landscape. This comprehensive approach provides valuable insights for strategic decision-making, aiding businesses in navigating the complexities of the Candy sector and capitalizing on growth prospects.
Candy Market Regional Insights:
Improved dependability and increasing demand drive growth in the Candy Market, particularly in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Geographical observations help investors identify opportunities, with regional evaluations highlighting crucial strategies like mergers and acquisitions. Understanding regional dynamics enables stakeholders to tailor their approaches, leveraging growth prospects and addressing specific Candy market needs. This insight is vital for informed decision-making and strategic planning across diverse geographic landscapes.
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Candy Market Segmentation:
by Product Type
Chocolate Candy
Non- Chocolate Candy
Hard Boiled Candies
Pastilles, Gums, Jellies and Chews
Toffees, Caramels and Nougat
Mints
Others
Both chocolate and cocoa components are present in chocolate candy. Hard-boiled candies, pastilles, gums, jellies chews, toffees, caramels nougat, mints, and other sweets are further subdivided into the non-chocolate candy sector. The candy that isn't chocolate has the fastest growth rate due to different consumer preferences. The demand for non-chocolatey sweets is rising as a result of athletes using gum and chews and children using jellies and toffees. Conversely, over the course of the projected period, chocolate candies are anticipated to hold the biggest market share.
by Price Point
Economy
Mid-Range
Luxury
by Age Group
Children
Adult
Geriatric
by Distribution Channel
Supermarkets and Hypermarkets
Convenience Stores
Specialist Retailers
Online Retail
Others
Supermarkets and hypermarkets, convenience stores, specialty retailers, online retail, and others make up the market segments. The Candy market was dominated by the Supermarkets and Hypermarkets category, which is predicted to continue to dominate with the biggest market share over the projected period of 2024–2030. The demands of consumers are changing quickly, and supermarkets need to adjust to stay relevant. Customers' desire for candies is increased by their variety, convenient availability, and occasionally even offers.
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Table of Content: Candy Market
Part 01: Executive Summary
Part 02: Scope of the Candy Market Report
Part 03: Global Candy Market Landscape
Part 04: Global Candy Market Sizing
Part 05: Global Candy Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Candy Market Key Players:
Candy Market Key Players for North America
1. THE HERSHEY COMPANY - United States
2. General Mills Inc. - United States
3. Mondelēz International - United States
4. Kellogg NA Co - United States
5. The Bazooka Companies – United States
6. Mars, Incorporated - United States
7. HARIBO of America, Inc. - United States
8. Sweet Candy Company. - United States
9. THE BANG CANDY COMPANY - United States
10. Quality Candy Company - United States
11. Muskoka Candy Company - Canada
12. Palmer-candy - United States
13. SUGARFINA INC. - United States
14. Jelly Belly Candy Company - United States
Candy Market Key Players for Europe
1. Nestlé– Switzerland
2. Pladis Global - United Kingdom
3. August Storck - Germany
4. Perfetti Van Melle - Italy
5. Cloetta – Sweden
6. The Ferrero Group. - Italy
Candy Market Key Players for Asia Pacific
1. Meiji Holdings Co., Ltd. - Japan
2. LOTTE CONFECTIONARY CO.LTD. - South Korea
- Key questions answered in the Candy Market are:
- Who are the leading companies and what are their portfolios in Candy Market?
- What segments are covered in the Candy Market?
- Who are the key players in the Candy market?
- What is Candy ?
- What is the growth rate of the Candy Market?
- Which are the factors expected to drive the Candy market growth?
- What are the different segments of the Candy Market?
- What growth strategies are the players considering to increase their presence in Candy ?
- What are the upcoming industry applications and trends for the Candy Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Candy Market?
- What segments are covered in the Candy Market?
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