Global candy market was valued at over $ 79 billion in 2018 and is anticipated to grow at a CAGR of over 3%, 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 2024.

In terms of product type, the candy market is categorized into sugar candy, chocolate candy and gum candy. Sugar candy dominates global candy market and is expected to maintain its dominance during the forthcoming years as well owing to continued launch of innovative products as well as aggressive branding initiatives undertaken by leading market players.

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 with respect to candy market's revenue driven by the snack bar sale. Sugar confectionery consumption dominates in Asia-Pacific and the Middle East due to the lower product cost. Thus, Asia-Pacific region is anticipated to grow at a much faster rate during the forecast period.

Market players in the global candy are Nestle SA, Meiji Holdings Co. Ltd, General Mills Inc., Mondelez International, The Groupo Arcor, Mars Incorporated, Kellogg Company, Lotte Confectionery Co. Ltd, Crown Confectionery Co. Ltd and The Hershey Company. The global candy market is highly fragmented due to many local and international suppliers. On the global platform, the top five companies account for half of the industry’s revenues, while small and medium firms from Europe also have significant global presence.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020–2024

Objective of the Study:

  • To analyze and forecast the market size of global candy market.
  • To forecast global candy market based on type, distribution channel and regional distribution.
  • To identify drivers and challenges for global candy market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in global candy market.
  • To conduct the pricing analysis for global candy market.
  • To identify and analyze the profile of leading players operating in the global candy market.


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Some of the leading players in the global candy market are Nestle SA, Meiji Holdings Co. Ltd, General Mills Inc., Mondelez International, The Groupo Arcor, Mars Incorporated, Kellogg Company, Lotte Confectionery Co. Ltd, Crown Confectionery Co. Ltd and The Hershey Company, among others.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of candy 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 could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the product types, application types and presence of all major candy manufacturers across the globe.

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


Key Target Audience:

  • Candy manufacturers
  • Candy suppliers and distributors
  • Government bodies such as regulating authorities and policy makers
  • Industry associations
  • Organizations, forums and alliances related to candy market
  • Market research and consulting firms

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

Report Scope:

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

  •   Market, By Product Type
    • Sugar Candy
    • Chocolate Candy
    • Gum Candy
  • Market, By Distribution Channel
    • Convenience Stores
    • Traditional Grocery Stores
    • Supermarkets/Hypermarkets
    •  Online Sales Channel
    • Others
  • Market, By Region:
    • Asia-Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Indonesia
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Russia
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar 

 

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in 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).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

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1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customer

4.1.  Brand Awareness

4.2.  Frequency of Usage & Purchase

4.3.  Sources of Information Conferred

4.4.  Reason for Purchase

5.    Global Candy Market Outlook

5.1.  Market Size and Forecast

5.1.1.   By Value & Volume

5.2.  Market Share and Forecast

5.2.1.   By Product Type (Sugar Candy, Chocolate Candy and Gum Candy)

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

5.2.3.   By Region

5.2.4.   By Company

5.3.    Market Attractive Index

6.    Asia-Pacific Candy Market Outlook

6.1.   Market Size and Forecast

6.1.1.   By Value & Volume

6.2.  Market Share & Forecast

6.2.1.   By Product Type

6.2.2.   By Distribution Channel

6.2.3.   By Country

6.3.  China Candy Market Outlook

6.3.1.   Market Size and Forecast

6.3.1.1.               By Value & Volume

6.3.2.   Market Share and Forecast

6.3.2.1.               By Product Type

6.3.2.2.               By Distribution Channel                                    

6.4.  Japan Candy Market Outlook

6.4.1.    Market Size and Forecast

6.4.1.1.               By Value & Volume

6.4.2.   Market Share and Forecast

6.4.2.1.               By Product Type

6.4.2.2.               By Distribution Channel

6.5.   India Candy Market Outlook

6.5.1.    Market Size and Forecast

6.5.1.1.               By Value & Volume

6.5.2.    Market Share and Forecast

6.5.2.1.               By Product Type

6.5.2.2.               By Distribution Channel

6.6.  South Korea Candy Market Outlook

6.6.1.    Market Size and Forecast

6.6.1.1.               By Value & Volume

6.6.2.   Market Share and Forecast

6.6.2.1.               By Product Type

6.6.2.2.               By Distribution Channel

6.7.  Australia Candy Market Outlook

6.7.1.    Market Size and Forecast

6.7.1.1.               By Value & Volume

6.7.2.    Market Share and Forecast

6.7.2.1.               By Product Type

6.7.2.2.               By Distribution Channel

6.8.  Indonesia Candy Market Outlook

6.8.1.    Market Size and Forecast

6.8.1.1.               By Value & Volume

6.8.2.   Market Share and Forecast

6.8.2.1.               By Product Type

6.8.2.2.               By Distribution Channel

7.    Europe Candy Market Outlook

7.1.   Market Size and Forecast

7.1.1.   By Value and Volume

7.2.  Market Share & Forecast

7.2.1.   By Product Type

7.2.2.   By Distribution Channel

7.2.3.   By Country

7.3.   United Kingdom Candy Market Outlook

7.3.1.   Market Size and Forecast

7.3.1.1.               By Value & Volume

7.3.2.   Market Share and Forecast

7.3.2.1.               By Product Type

7.3.2.2.               By Distribution Channel                                    

7.4.  Italy Candy Market Outlook

7.4.1.    Market Size and Forecast

7.4.1.1.               By Value & Volume

7.4.2.   Market Share and Forecast

7.4.2.1.               By Product Type

7.4.2.2.               By Distribution Channel

7.5.  France Candy Market Outlook

7.5.1.    Market Size and Forecast

7.5.1.1.               By Value & Volume

7.5.2.    Market Share and Forecast

7.5.2.1.               By Product Type

7.5.2.2.               By Distribution Channel

7.6.  Germany Candy Market Outlook

7.6.1.    Market Size and Forecast

7.6.1.1.               By Value & Volume

7.6.2.   Market Share and Forecast

7.6.2.1.               By Product Type

7.6.2.2.               By Distribution Channel

7.7.   Russia Candy Market Outlook

7.7.1.    Market Size and Forecast

7.7.1.1.               By Value & Volume

7.7.2.   Market Share and Forecast

7.7.2.1.               By Product Type

7.7.2.2.               By Distribution Channel

8.    North America Candy Market Outlook

8.1.   Market Size and Forecast

8.1.1.   By Value & Volume

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 States Candy Market Outlook

8.3.1.   Market Size and Forecast

8.3.1.1.               By Value & Volume

8.3.2.   Market Share and Forecast

8.3.2.1.               By Product Type

8.3.2.2.               By Distribution Channel

8.4.  Mexico Candy Market Outlook

8.4.1.   Market Size and Forecast

8.4.1.1.               By Value & Volume

8.4.2.   Market Share and Forecast

8.4.2.1.               By Product Type

8.4.2.2.               By Distribution Channel

8.5.   Canada Candy Market Outlook

8.5.1.   Market Size and Forecast

8.5.1.1.               By Value & Volume

8.5.2.   Market Share and Forecast

8.5.2.1.               By Product Type

8.5.2.2.               By Distribution Channel

9.     South America Candy Market Outlook

9.1.   Market Size and Forecast

9.1.1.   By Value & Volume

9.2.  Market Share & Forecast

9.2.1.   By Product Type

9.2.2.   By Distribution Channel

9.2.3.   By Country

9.3.    Brazil Candy Market Outlook

9.3.1.   Market Size and Forecast

9.3.1.1.               By Value & Volume

9.3.2.   Market Share and Forecast

9.3.2.1.               By Product Type

9.3.2.2.               By Distribution Channel

9.4.    Argentina Candy Market Outlook

9.4.1.   Market Size and Forecast

9.4.1.1.               By Value & Volume

9.4.2.   Market Share and Forecast

9.4.2.1.               By Product Type

9.4.2.2.               By Distribution Channel

9.5.  Colombia Candy Market Outlook

9.5.1.   Market Size and Forecast

9.5.1.1.               By Value & Volume

9.5.2.   Market Share and Forecast

9.5.2.1.               By Product Type

9.5.2.2.               By Distribution Channel

10.  Middle East & Africa Candy Market Outlook

10.1.           Market Size and Forecast

10.1.1.                By Value & Volume

10.2.          Market Share & Forecast

10.2.1.                By Product Type

10.2.2.                By Distribution Channel

10.2.3.                By Country

10.3.           South Africa Candy Market Outlook

10.3.1.                Market Size and Forecast

10.3.1.1.            By Value & Volume

10.3.2.                Market Share and Forecast

10.3.2.1.            By Product Type

10.3.2.2.            By Distribution Channel

10.4.          Saudi Arabia Candy Market Outlook

10.4.1.                Market Size and Forecast

10.4.1.1.            By Value & Volume

10.4.2.                Market Share and Forecast

10.4.2.1.            By Product Type

10.4.2.2.            By Distribution Channel

10.5.           UAE Candy Market Outlook

10.5.1.                Market Size and Forecast

10.5.1.1.            By Value & Volume

10.5.2.                Market Share and Forecast

10.5.2.1.            By Product Type

10.5.2.2.            By Distribution Channel

10.6.          Qatar Candy Market Outlook

10.6.1.                Market Size and Forecast

10.6.1.1.            By Value & Volume

10.6.2.                Market Share and Forecast

10.6.2.1.            By Product Type

10.6.2.2.            By Distribution Channel

11.   Market Dynamics

11.1.           Drivers

11.2.           Challenges

12.  Market Trends & Developments

13.  Competitive Landscape

13.1.          Competition Benchmarking

13.2.          Company Profiles (Leading companies)

13.2.1.                Nestle SA

13.2.2.                Meiji Holdings Co. Ltd

13.2.3.                General Mills Inc.

13.2.4.                Mondelez International

13.2.5.                The Groupo Arcor

13.2.6.                Mars Incorporated

13.2.7.                Kellogg company

13.2.8.                Lotte Confectionery Co. Ltd

13.2.9.                Crown Confectionery Co. Ltd

13.2.10.              The Hershey Company

14.   Strategic Recommendations

 (Note: The companies list can be customized based on the client requirements)

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