Report Description

Global candy market is anticipated to reach over USD70 billion by the end of 2026 and grow at a CAGR of over 5% during the forecast period owing to increasing innovation in existing products and rising demand for chocolate products globally. However, rising health concerns about diseases like obesity and diabetes are somewhat inhibiting the growth of the global candy market. To tackle this situation, sugar-free and low-calorie candies are being manufactured by the companies. Major challenges faced by the industry include rising government regulations, changing end user preferences and health issues, which might hamper the growth of the market through 2026.

The global candy market can be segregated based on type, distribution channels and region. In terms of type, it is the sugar candy that dominates the global candy market and is expected to maintain its dominance during the forthcoming years as well owing to the continuous launch of innovative products as well as aggressive branding initiatives undertaken by leading market players.

While considering the distribution channels, in 2020, the departmental stores accounted for a majority share in the global candy market; however, the online sales channel is expected to increase at a rapid pace during the forecast period.

In terms of region, the global candy market is categorized into North America, South America, Europe, Asia-Pacific and Middle East & Africa. Among these regions, North America, followed by Europe, is the major contributor based on sales generated and higher demand for candies in these regions. Sugar confectionery consumption dominates Asia-Pacific and the Middle East & Africa due to the lower product cost. Thus, Asia-Pacific region is anticipated to grow at a much faster rate during the forecast period.

The candy market has become an attractive destination for investments and several large multinational companies are entering into this market. Some of the major players operating in this market are Perfetti Van Melle Group, Mondelez International, Inc., The Hershey Company, Mars, Incorporated, Nestlé S.A., Crown Confectionery Co., Ltd., Kellogg Company, Grupo Arcor S.A., Lotte Confectionery Co., Ltd., and Meiji Holdings Co., Ltd. The global candy market is highly fragmented due to many local and international suppliers.

Years considered for this report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022-2026

Objective of the Study:

  • To analyze the historical growth in the market size of the global candy market from 2016 to 2020.
  • To estimate and forecast the market size of the global candy market from 2021 to 2026 and growth rate until 2026.
  • To classify and forecast the global candy market based on type, distribution channels, company, and region.
  • To identify the dominant region or segment in the global candy market.
  • To identify drivers and challenges for the global candy market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global candy market.
  • To identify and analyze the profile of leading players operating in the global candy market.
  • To identify key sustainable strategies adopted by market players in the global candy market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels, and presence of all major players across the globe.

TechSci Research calculated the market size of the global candy market using a bottom-up approach, wherein data for various end user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated them through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Manufacturers, distributors, and end users
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policymakers
  • Organizations, forums, and alliances related to candy

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, end-users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. 

Report Scope:

In this report, the global candy market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

·         Global Candy Market, By Type:

o   Sugar Candy

o   Chocolate Candy

o   Gum Candy

  • Global Candy Market, By Distribution Channels:
    • Convenience Stores
    • Traditional Grocery Stores
    • Supermarkets/Hypermarkets
    • Online Sales Channel
    • Departmental Store
  • Global Candy Market, By Region:
    • North America
    • Europe
    • Asia-Pacific
    • South America
    • Middle East & Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global candy market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Table of content

1.     Product Overview

2.     Research Methodology

3.     Impact of COVID-19 on Global Candy Market

4.     Executive Summary

5.     Voice of Customer

5.1.   Brand Awareness

5.2.   Frequency of Usage & Purchase

5.3.   Sources of Information Conferred

5.4.   Reason for Purchase

6.     Global Candy Market Outlook

6.1.   Market Size and Forecast-

6.1.1. By Value

6.2.   Market Share and Forecast

6.2.1. By Product Type (Sugar Candy, Chocolate Candy & Gum Candy)

6.2.2. By Distribution Channel (Convenience Stores, Tradition Grocery Stores, Supermarkets/Hypermarkets, Online Sales Channel and Departmental Stores)

6.2.3. By Region

6.2.4. By Company (2020)

6.3.  Market Map

7.     Asia-Pacific Candy Market Outlook

7.1.   Market Size and Forecast-

7.1.1. By Value

7.2.  Market Share & Forecast

7.2.1. By Product Type

7.2.2. By Distribution Channel

7.2.3. By Country

7.3.   China Candy Market Outlook

7.3.1. Market Size and Forecast

7.3.1.1.         By Value

7.3.2. Market Share and Forecast

7.3.2.1.         By Product Type

7.3.2.2.         Distribution Channel

7.4.   Japan Candy Market Outlook

7.4.1. Market Size and Forecast

7.4.1.1.         By Value

7.4.2. Market Share and Forecast

7.4.2.1.         By Product Type

7.4.2.2.         By Distribution Channel

7.5.   India Candy Market Outlook

7.5.1. Market Size and Forecast

7.5.1.1.         By Value

7.5.2. Market Share and Forecast

7.5.2.1.         By Product Type

7.5.2.2.         By Distribution Channel

7.6.   South Korea Candy Market Outlook

7.6.1. Market Size and Forecast

7.6.1.1.         By Value

7.6.2. Market Share and Forecast

7.6.2.1.         By Product Type

7.6.2.2.         By Distribution Channel

7.7.   Indonesia Candy Market Outlook

7.7.1. Market Size and Forecast

7.7.1.1.         By Value

7.7.2. Market Share and Forecast

7.7.2.1.         By Product Type

7.7.2.2.         By Distribution Channel

8.     Europe Candy Market Outlook

8.1.   Market Size and Forecast

8.1.1. By Value

8.2.   Market Share & Forecast

8.2.1. By Product Type

8.2.2. By Distribution Channel

8.2.3. By Country

8.3.   United Kingdom Candy Market Outlook

8.3.1. Market Size and Forecast

8.3.1.1.         By Value

8.3.2. Market Share and Forecast

8.3.2.1.         By Product Type

8.3.2.2.         By Distribution Channel                                    

8.4.   Italy Candy Market Outlook

8.4.1. Market Size and Forecast

8.4.1.1.         By Value

8.4.2. Market Share and Forecast

8.4.2.1.         By Product Type

8.4.2.2.         By Distribution Channel

8.5.   France Candy Market Outlook

8.5.1. Market Size and Forecast

8.5.1.1.         By Value

8.5.2. Market Share and Forecast

8.5.2.1.         By Product Type

8.5.2.2.         By Distribution Channel

8.6.   Germany Candy Market Outlook

8.6.1. Market Size and Forecast

8.6.1.1.         By Value

8.6.2. Market Share and Forecast

8.6.2.1.         By Product Type

8.6.2.2.         By Distribution Channel

8.7.   Russia Candy Market Outlook

8.7.1. Market Size and Forecast

8.7.1.1.         By Value

8.7.2. Market Share and Forecast

8.7.2.1.         By Product Type

8.7.2.2.         By Distribution Channel

9.     North America Candy Market Outlook

9.1.   Market Size and Forecast

9.1.1. By Value

9.2.   Market Share & Forecast

9.2.1. By Product Type

9.2.2. By Distribution Channel

9.2.3. By Country

9.3.   United States Candy Market Outlook

9.3.1. Market Size and Forecast

9.3.1.1.         By Value

9.3.2. Market Share and Forecast

9.3.2.1.         By Product Type

9.3.2.2.         By Distribution Channel

9.4.   Mexico Candy Market Outlook

9.4.1. Market Size and Forecast

9.4.1.1.         By Value

9.4.2. Market Share and Forecast

9.4.2.1.         By Product Type

9.4.2.2.         By Distribution Channel

9.5.   Canada Candy Market Outlook

9.5.1. Market Size and Forecast

9.5.1.1.         By Value

9.5.2. Market Share and Forecast

9.5.2.1.         By Product Type

9.5.2.2.         By Distribution Channel

10.  South America Candy Market Outlook

10.1.              Market Size and Forecast

10.1.1.   By Value

10.2.              Market Share & Forecast

10.2.1.   By Product Type

10.2.2.   By Distribution Channel

10.2.3.   By Country

10.3.              Brazil Candy Market Outlook

10.3.1.   Market Size and Forecast

10.3.1.1.       By Value

10.3.2.   Market Share and Forecast

10.3.2.1.       By Product Type

10.3.2.2.       By Distribution Channel

10.4.              Argentina Candy Market Outlook

10.4.1.   Market Size and Forecast

10.4.1.1.       By Value

10.4.2.   Market Share and Forecast

10.4.2.1.       By Product Type

10.4.2.2.       By Distribution Channel

10.5.              Colombia Candy Market Outlook

10.5.1.   Market Size and Forecast

10.5.1.1.       By Value

10.5.2.   Market Share and Forecast

10.5.2.1.       By Product Type

10.5.2.2.       By Distribution Channel

11.  Middle East & Africa Candy Market Outlook

11.1.              Market Size and Forecast

11.1.1.   By Value

11.2.              Market Share & Forecast

11.2.1.   By Product Type

11.2.2.   By Distribution Channel

11.2.3.   By Country

11.3.              South Africa Candy Market Outlook

11.3.1.   Market Size and Forecast

11.3.1.1.       By Value

11.3.2.   Market Share and Forecast

11.3.2.1.       By Product Type

11.3.2.2.       By Distribution Channel

11.4.              Saudi Arabia Candy Market Outlook

11.4.1.   Market Size and Forecast

11.4.1.1.       By Value

11.4.2.   Market Share and Forecast

11.4.2.1.       By Product Type

11.4.2.2.       By Distribution Channel

11.5.              UAE Candy Market Outlook

11.5.1.   Market Size and Forecast

11.5.1.1.       By Value

11.5.2.   Market Share and Forecast

11.5.2.1.       By Product Type

11.5.2.2.       By Distribution Channel

11.6.              Qatar Candy Market Outlook

11.6.1.   Market Size and Forecast

11.6.1.1.       By Value

11.6.2.   Market Share and Forecast

11.6.2.1.       By Product Type

11.6.2.2.       By Distribution Channel

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.  Competition Benchmarking

14.2.  Company Profiles (Leading companies)

14.2.1.  Perfetti Van Melle Group

14.2.2.  Mondelez International, Inc.

14.2.3.  The Hershey Company

14.2.4.  Mars, Incorporated

14.2.5.  Nestlé S.A.

14.2.6.  Crown Confectionery Co., Ltd.

14.2.7.  Kellogg Company

14.2.8.    Grupo Arcor S.A.

14.2.9.    Lotte Confectionery Co., Ltd.

14.2.10.  Meiji Holdings Co., Ltd.

15.  Strategic Recommendations

16.  About Us & Disclaimer

Figures and Tables

List of Figures

Figure 1:               Global Candy Market Size, By Value (USD Million), 2016-2026F

Figure 2:               Global Candy Market Share, By Product Type, By Value, 2016-2026F

Figure 3:               Global Candy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 4:               Global Candy Market Share, By Company, By Value, 2020

Figure 5:               Global Candy Market Share, By Region, By Value, 2020 & 2026F

Figure 6:               Global Candy Market Map, By Distribution Channel, Market Size (USD Million) & Growth Rate (%), 2020

Figure 7:               Global Candy Market Map, By Region, Market Size (USD Million) & Growth Rate (%), 2020

Figure 8:              North America Candy Market Size, By Value (USD Million), 2016-2026F

Figure 9:            North America Candy Market Share, By Product Type, By Value, 2016-2026F

Figure 10:            North America Candy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 11:            North America Candy Market Share, By Country, By Value, 2020 & 2026F

Figure 12:            United States Candy Market Size, By Value (USD Million), 2016-2026F

Figure 13:            United States Candy Market Share, By Product Type, By Value, 2016-2026F

Figure 14:            United States Candy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 15:            Canada Candy Market Size, By Value (USD Million), 2016-2026F

Figure 16:            Canada Candy Market Share, By Product Type, By Value, 2016-2026F

Figure 17:            Canada Candy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 18:            Mexico Candy Market Size, By Value (USD Million), 2016-2026F

Figure 19:            Mexico Candy Market Share, By Product Type, By Value, 2016-2026F

Figure 20:            Mexico Candy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 21:            Europe Candy Market Size, By Value (USD Million), 2016-2026F

Figure 22:            Europe Candy Market Share, By Product Type, By Value, 2016-2026F

Figure 23:            Europe Candy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 24:            Europe Candy Market Share, By Country, By Value, 2020 & 2026F

Figure 25:            France Candy Market Size, By Value (USD Million), 2016-2026F

Figure 26:            France Candy Market Share, By Product Type, By Value, 2016-2026F

Figure 27:            France Candy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 28:            Germany Candy Market Size, By Value (USD Million), 2016-2026F

Figure 29:            Germany Candy Market Share, By Product Type, By Value, 2016-2026F

Figure 30:            Germany Candy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 31:            United Kingdom Candy Market Size, By Value (USD Million), 2016-2026F

Figure 32:            United Kingdom Candy Market Share, By Product Type, By Value, 2016-2026F

Figure 33:            United Kingdom Candy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 34:            Italy Candy Market Size, By Value (USD Million), 2016-2026F

Figure 35:            Italy Candy Market Share, By Product Type, By Value, 2016-2026F

Figure 36:            Italy Candy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 37:            Russia Candy Market Size, By Value (USD Million), 2016-2026F

Figure 38:            Russia Candy Market Share, By Product Type, By Value, 2016-2026F

Figure 39:            Russia Candy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 40:            Asia-Pacific Candy Market Size, By Value (USD Million), 2016-2026F

Figure 41:            Asia-Pacific Candy Market Share, By Product Type, By Value, 2016-2026F

Figure 42:            Asia-Pacific Candy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 43:            Asia-Pacific Candy Market Share, By Country, By Value, 2020 & 2026F

Figure 44:            China Candy Market Size, By Value (USD Million), 2016-2026F

Figure 45:            China Candy Market Share, By Product Type, By Value, 2016-2026F

Figure 46:            China Candy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 47:            India Candy Market Size, By Value (USD Million), 2016-2026F

Figure 48:            India Candy Market Share, By Product Type, By Value, 2016-2026F

Figure 49:            India Candy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 50:            Japan Candy Market Size, By Value (USD Million), 2016-2026F

Figure 51:            Japan Candy Market Share, By Product Type, By Value, 2016-2026F

Figure 52:            Japan Candy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 53:            South Korea Candy Market Size, By Value (USD Million), 2016-2026F

Figure 54:            South Korea Candy Market Share, By Product Type, By Value, 2016-2026F

Figure 55:            South Korea Candy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 56:            Indonesia Candy Market Size, By Value (USD Million), 2016-2026F

Figure 57:            Indonesia Candy Market Share, By Product Type, By Value, 2016-2026F

Figure 58:            Indonesia Candy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 59:            South America Candy Market Size, By Value (USD Million), 2016-2026F

Figure 60:            South America Candy Market Share, By Product Type, By Value, 2016-2026F

Figure 61:            South America Candy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 62:            South America Candy Market Share, By Country, By Value, 2020 & 2026F

Figure 63:          Brazil Candy Market Size, By Value (USD Million), 2016-2026F

Figure 64:          Brazil Candy Market Share, By Product Type, By Value, 2016-2026F

Figure 65:          Brazil Candy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 66:          Argentina Candy Market Size, By Value (USD Million), 2016-2026F

Figure 67:          Argentina Candy Market Share, By Product Type, By Value, 2016-2026F

Figure 68:          Argentina Candy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 69:          Colombia Candy Market Size, By Value (USD Million), 2016-2026F

Figure 70:          Colombia Candy Market Share, By Product Type, By Value, 2016-2026F

Figure 71:          Colombia Candy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 72:          Middle East & Africa Candy Market Size, By Value (USD Million), 2016-2026F

Figure 73:          Middle East & Africa Candy Market Share, By Product Type, By Value, 2016-2026F

Figure 74:          Middle East & Africa Candy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 75:          Middle East & Africa Candy Market Share, By Country, By Value, 2020 & 2026F

Figure 76:          South Africa Candy Market Size, By Value (USD Million), 2016-2026F

Figure 77:         South Africa Candy Market Share, By Product Type, By Value, 2016-2026F

Figure 78:         South Africa Candy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 79:         UAE Candy Market Size, By Value (USD Million), 2016-2026F

Figure 80:          UAE Candy Market Share, By Product Type, By Value, 2016-2026F

Figure 81:          UAE Candy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 82:          Saudi Arabia Candy Market Size, By Value (USD Million), 2016-2026F

Figure 83:          Saudi Arabia Candy Market Share, By Product Type, By Value, 2016-2026F

Figure 84:          Saudi Arabia Candy Market Share, By Distribution Channel, By Value, 2016-2026F

Figure 85:          Qatar Candy Market Size, By Value (USD Million), 2016-2026F

Figure 86:          Qatar Candy Market Share, By Product Type, By Value, 2016-2026F

Figure 87:          Qatar Candy Market Share, By Distribution Channel, By Value, 2016-2026F

Frequently asked questions

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The global candy market is growing at a CAGR of over 5%.

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Rising demand for chocolate products and introduction of healthy candy alternatives are influencing the growth of the global candy market.

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Based on type, sugar candy dominates the global candy market.

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Perfetti Van Melle Group, Mondelez International, Inc., The Hershey Company, Mars, Incorporated, Nestlé S.A., Crown Confectionery Co., Ltd., Kellogg Company, Grupo Arcor S.A., Lotte Confectionery Co., Ltd., and Meiji Holdings Co., Ltd.

profile

Parvati Sharma

Account Manager BD
Press Release

Candy Market to Grow Over USD72 Billion by 2026

Mar, 2021

Continuously increasing population, rising disposable income, and changing taste and preferences of consumers to drive the global candy market during the forecast period.