confectionery market revenue

Brands are constantly establishing unique engaging techniques to seek consumer attention as confectionery products are significantly purchased as a result of impulse buying. You can find the source in the data box in the lower left corner. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for communication. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for housing, water, electricity, gas and other fuels. | Source: Statista, based on KPMG, Displayed is the top marginal tax rate. The market is expected to grow annually by 4.5% (CAGR 2020-2025). 2.3.2 Global Sugar-free Confectionery Retrospective Market Scenario in Revenue by Region: 2015-2020 2.4 Sugar-free Confectionery Market Estimates and Projections by … DUBLIN--(BUSINESS WIRE)--The "Global Confectionery Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.The market will earn a revenue … However, the volatile nature of raw material prices of sugar and cocoa can hamper the growth of the market. The four major segments of the Indian Confectionery Industry are chocolate & chocolate products, sugar confectionery, cookies & crackers, and Ice cream. The Confectionery … | Source: Statista, based on OECD, The indicator shows the share of unemployed people in the selected region, defined as persons without work that seek employment, as a percentage of the total labor force. The growth in economic prosperity, especially in emerging countries has driven the market for the chocolate segment. For the Confectionery & Snacks market, our analysts create reports with detailed comparisons and important background information. These include personal care products and services, personal items like watches and jewellery as well as all other products and services not mentioned elsewhere. in the Confectionery & Snacks market Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for restaurants and hotels. Players, stakeholders, and other participants in the global Chocolate Confectionery market will be able to gain the upper hand as they use the report as a powerful resource. | Source: Statista, based on IMF, national statistical offices, Estimated price level index for all goods and services for individual private consumption (U.S.=100). Product innovation, strong marketing campaigns, and the retail market expansion drive the development of the confectionery market. In contrast, the Food market in the Consumer Market Outlook covers only certain segments of processed food and excludes for example fresh food, oils and fats and some other items. However, the geriatric segment is expected to grow at a higher CAGR during the forecast period. in percent. worldwide: Revenue in the Confectionery & Snacks segment amounts to US$1,215,358m in 2020. Due to local taxes, the overall tax rate may vary within the country. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for communication (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for recreation and culture (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for education (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for restaurants and hotels (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for miscellaneous goods and services (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for health (U.S.=100). in the Confectionery & Snacks market CONFECTIONERY MARKET, BY AGE GROUP, 2019–2027 ($MILLION)TABLE 34.U.S. It comprises the least priced items, and is generally affordable by consumers across all economies. By the next decade, majority of the population, especially in developed economies, will be aged 60 years and above. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for health. New, Everything you need to know about the industry development, Find studies from all around the internet. The indicator is valued at the current exchange rate of the respective year versus the US$. The COICOP definition varies from the market definitions employed in the Consumer Market Outlook. 15.10.3 Crown Confectionery Revenue (USD Million), Gross Margin (%) and Market Share (%) (2015-2019) 15.10.4 Crown Confectionery Revenue Market Share (%) (2015-2019) 15.10.5 Business Strategy; 15.11 Fazer Group ; 15.11.1 Fazer Group Basic Information, Manufacturing Base, Sales Area and its Competitors; 15.11.2 Main Business/Business Overview Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . Based on price point, the market is distributed into economy, mid-range, and luxury. Likewise, a decline would indicate a deterioration of terms of trade that would put pressure on the country to export more goods to sustain the level of imports. The segmental analysis focuses on sales, revenue … The stringent rules and lockdown during the course of 2020 have led to repercussions in the confectionery business, which caused differential impact on raw material supply (agricultural produce, food ingredients, and intermediate food products), trade & logistics, demand-supply volatility, uncertain consumer demand, and affected the workforce at industrial level. Accessed: December 03, 2020. https://www.statista.com/outlook/40100000/109/confectionery-snacks/united-states, "Confectionery & Snacks - United States. The market is expected to grow annually by 4.5% (CAGR 2020-2025). The ""Average Volume per Capita"" box shows the average volume of the selected market (market segment, region) per person for each year. Reading Support In-depth analysis and the confectionery market size & segmentation assist to determine the prevailing opportunities. | Source: Statista, based on WHO, Per-capita consumption of alcohol (all types) in litres of pure alcohol in the selected region | Source: Statista, based on WHO, Share of men in the selected region (15+ years) who smoke at least occasionally | Source: Statista, based on World Bank, WHO, Share of women in the selected region (15+ years) who smoke at least occasionally | Source: Statista, based on World Bank, WHO, Number of years a newborn in the selected region can expect to live if prevailing patterns of mortality were to stay the same throughout its life. The COICOP definition varies from the market definitions employed in the Consumer Market Outlook. The industry is growing globally as multinational confectionery companies are offering sophisticated yet affordable products for middle-class consumers. Retrieved December 03, 2020, from https://www.statista.com/outlook/40100000/109/confectionery-snacks/united-states, "Confectionery & Snacks - United States." This study provides information about the sales and revenue during the historic and forecasted period of … In global comparison, most revenue is … The global market for sugar confectionery has been classified on the basis of geography into North America, Europe, Asia Pacific, and Rest of the World. Global Confectionery Coating Market Outlook 2021 has complete details about market of Confectionery Coating industry, Confectionery Coating analysis and current trends. In global comparison, most revenue is generated in the United States (US$277,113m in 2020). The market is expected to exhibit an incremental revenue opportunity of $60.1 billion from 2020 to 2027. | Source: Statista, based on IMF WEOD, Share of income that accrues to the income group of the highest 20% | Source: Statista, based on World Bank, Share of income that accrues to the income group of the second 20% | Source: Statista, based on World Bank, Share of income that accrues to the income group of the third 20% | Source: Statista, based on World Bank, Share of income that accrues to the income group of the fourth 20% | Source: Statista, based on World Bank, Share of income that accrues to the income group of the lowest 20% | Source: Statista, based on World Bank, "The Gini index measures the income distribution among individuals or households within an economy on a scale from 0 to 100. The Indian Confectionery market is one of the fastest-growing in the world with a strong revenue of USD 11.56 billion in 2019. | Source: Statista, based on World Bank, Sum of exports and imports of goods and services in relation to total gross domestic product (GDP) | Source: Statista, based on World Bank, OECD, The current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. The following Key Market Indicators give an overview of the social and economic outlook of the selected region and provide additional insights into relevant market-specific developments. This is a latest report, covering the current COVID-19 impact on the market. T&C*. Leading manufacturers in the confectionery market are focusing to leverage opportunities posed by emerging markets, like China and India, to expand their revenue base, because of the rising income levels and their increasing preference for different confectionery products type. A. Market segmentation Probiotic Confectionery is split by Type and by Application. The Confectionery & Snacks segment is expected to show a revenue growth of 2.1% in 2021. | Source: Statista, based on Economist, Displayed is the standard rate. Reading Support Economic growth and rise in disposable income drive the growth of the confectionery market in emerging economies such as India and China. The key players operating in the global confectionery market include Mars, Incorporated, Mondelez International, Inc., Nestlé S.A., Ferrero Group, Meiji Co., Ltd., The Hershey Company, Chocoladefabriken Lindt & Sprüngli AG, Ezaki Glico Co., Ltd., Haribo GmbH & Co. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . Aerated Confectionery Segmentation by Applications: Online. The report provides a quantitative analysis of the current confectionery market trends, estimations, and dynamics of the market size from 2021 to 2027 to identify the prevailing opportunities. This platform offers a number of discounts on online purchase of confectionery to attract more customers. These include personal care products and services, personal items like watches and jewellery as well as all other products and services not mentioned elsewhere. The market is expected to grow annually by 4.3% (CAGR 2020-2025). Write us on911@alliedmarketresearch.com, Looking for media contact? Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for furnishings, household equipment and routine maintenance of the house. The credit is shown in gross terms with the exception of credit to central governments which is shown in net terms. In 2018, chocolates led the global liquor confectionery market with a revenue of USD 382.4 million. (n.d.). The indicator is valued at the current exchange rate of the respective year versus the US$. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for miscellaneous goods and services. Furthermore, chocolate is the highest per capita (kg) consumed confectionery product across several countries. The one-stop solution provided by these retail formats makes it a very popular option for shopping among consumers. Revenue in the Confectionery & Snacks segment amounts to US$277,113m in 2020. +3.6% Sugar Confectionery Market. Likewise, for some product groups and services different rates might apply. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for transport (purchase of vehicles, maintenenace of vehicles and transport services). Confections refer to food items that are rich in sugar & carbohydrates | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for restaurants and hotels (U.S.=100). All Rights Reserved, Author(s) : Bhavana Thorat , Roshan Deshmukh, 3.4.3.1.Rise in demand for organic and premium candies, 4.2.1.Key market trends, growth factors, and opportunities, 4.3.1.Key market trends, growth factors, and opportunities, 4.4.1.Key market trends, growth factors, and opportunities, 4.5.1.Key market trends, growth factors, and opportunities, 4.6.1.Key market trends, growth factors, and opportunities, 4.7.1.Key market trends, growth factors, and opportunities, 4.8.1.Key market trends, growth factors, and opportunities, 4.9.1.Key market trends, growth factors, and opportunities, 5.2.1.Key market trends, growth factors, and opportunities, 5.3.1.Key market trends, growth factors, and opportunities, 5.4.1.Key market trends, growth factors, and opportunities, 6.2.1.Key market trends, growth factors, and opportunities, 6.3.1.Key market trends, growth factors, and opportunities, 6.4.1.Key market trends, growth factors, and opportunities, 7.2.1.Key market trends, growth factors and opportunities, 7.3.1.Key market trends, growth factors, and opportunities, 7.4.1.Key market trends, growth factors, and opportunities, 7.5.1.Key market trends, growth factors, and opportunities, 7.6.1.Key market trends, growth factors, and opportunities, 7.7.1.Key market trends, growth factors, and opportunities, 7.8.1.Key market trends, growth factors, and opportunities, 8.2.8.1.Market size and forecast, by product type, 8.2.2.1.Market size and forecast, by product type, 8.3.8.1.Market size and forecast, by product type, 8.3.10.1.Market size and forecast, by product type, 8.3.12.1.Market size and forecast, by product type, 8.3.14.1.Market size and forecast, by product type, 8.3.16.1.Market size and forecast, by product type, 8.3.18.1.Market size and forecast, by product type, 8.4.8.1.Market size and forecast, by product type, 8.4.10.1.Market size and forecast, by product type, 8.4.12.1.Market size and forecast, by product type, 8.4.14.1.Market size and forecast, by product type, 8.4.16.1.Market size and forecast, by product type, 8.4.17.Market size and forecast by distribution channel, 8.4.18.1.Market size and forecast, by product type, 8.5.8.1.Market size and forecast, by product type, 8.5.10.1.Market size and forecast, by product type, 8.5.11.Market size and forecast by distribution channel, 8.5.12.1.Market size and forecast, by product type, 8.5.13.Market size and forecast by distribution channel, 8.5.14.1.Market size and forecast, by product type, 8.5.15.Market size and forecast by distribution channel, 8.5.16.1.Market size and forecast, by product type, TABLE 01.GLOBAL CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019-2027 ($MILLION). Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . ""0"" would mean a perfectly equal distribution (everyone has the same income) while ""100"" would mean perfect inequality (one person gets all income). The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the confectionery industry. This factor is projected to generate promising expansion opportunities in the global confectionery market during the assessment period of 2020 to 2030. | Source: Statista, based on IMF WEOD, The indicator shows the total number of private households in the selected region. The “Revenue” box shows the forecasted revenue development of the selected market (market segment, region) in million US dollars for each year. Stay abreast of your interest areas. Get an overview of trends and key players and consult comparisons of the focus regions USA, China, and Europe. The indicator is valued at the current exchange rate of the respective year versus the US$. The ""Average Revenue per Capita"" box shows the average market value of the selected market (market segment, region) per person in US dollars for each year. in percent. Business facilities as well as institutional housholds (like unversity dormitories or retire homes) are not counted as households. The global confectionery market was valued at $210.3 billion in 2019, and is projected to reach $270.5 billion by 2027, registering a CAGR of 3.6%. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for recreation and culture (U.S.=100). The definitions of labor force and unemployment differ by country. DID YOU MISS ANYTHING? Confectionery & Snacks market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. Due to local taxes, the overall tax rate may vary within the country. Furthermore, brands are targeting their products specifically to this demographic group by adopting trends such as unusual colors, popping candy, hot & spicy options, cooling effects, and more interactive & personalized packaging. Consumers of all age groups consume chocolate confectionery to satisfy their taste buds. Functional Confectionery Market Applications (Children, Middle Age, Senior, Youth), by Type (Chocolate Confectionery, Chewing Gum, Sugar Confectionery, Others), Regional Outlook, Market Demand, Latest Trends, Functional Confectionery Industry Share & Revenue by Manufacturers, Company Profiles, Growth Forecasts – 2026.” However, the mid-range segment is expected to grow at a higher CAGR during the forecast period. An increase would mean that the country benefited from improved terms of trade that allow it to purchase more import goods for the same amount of exports. A. This can be attributed to the increasingly efforts and money invested on research … The market is expected to … | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for clothing and footwear (U.S.=100). By age group, the market is classified into children, adults, and geriatric. Need help? Accessed December 03, 2020. https://www.statista.com/outlook/40100000/109/confectionery-snacks/united-states, Confectionery & Snacks - United States. Terms of trade are especially important for developing and emerging countries that are dependent on commodity exports whose value swings with the world market for these goods. The average revenue per person in the Confectionery & Snacks segment amounts to US$837.19 in 2020. Reading Support Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . in million kilograms The weights of the components vary by country according to local consumption patterns. Revenue in the Confectionery & Snacks segment amounts to US$277,113m in 2020. In global comparison, most revenue is generated in the … However, the medicated confectionery segment is anticipated to grow at a faster rate during the forecast period. Manufacturers are increasing their product range by including functional ingredients, organic herbal fillings, tropical fruit, and nut-based & exotic flavors in product formulations to meet changing consumer demands. Table Lotte Confectionery(KR) Confectionery Sales, Price, Revenue, Gross Margin and Market Share (2016-2017) Table Bourbon Corp(JP) Basic Information, Manufacturing Base and Competitors Table Bourbon Corp(JP) Confectionery … | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for communication (U.S.=100). CONFECTIONERY MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)TABLE 33.U.S. The global Functional Confectionery A size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of xx% in the forecast period of 2020 to 2025 and will expected to reach USD xx million by 2025, from USD xx million in 2019. The Confectionery & Snacks segment is expected to show a volume growth of 1.4% in 2021. The chocolate segment acquired the largest market share in the U.S. confectionery market and was valued at USD 20,608.2 million in 2016. Write us on media@alliedmarketresearch.com, Download Sample of "Confectionery Market". | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for education (U.S.=100). yoy, +3.0% Private household spendings meant for consumption at home definitions employed in the confectionery market worth. Chocolates, cookies, bars, gummies, mints, and preferences are constantly establishing engaging. Projected to reach USD 76.81 billion by 2021, at a CAGR of 3.6 % perceived as affordable.! Benchmarking and provides a historical overview, market dynamics, TABLE 33.U.S ( COVID-19 ) has affected every of! 2.1 % in the confectionery … worldwide: revenue in the … chocolate confectionery.... In percentage terms the data box in the confectionery & Snacks segment amounts US... Categories related to your topic, mints, and by Application … worldwide: in! And services different rates might apply to create widespread confectionery market is to... Market growth million ) TABLE 33.U.S, 2020. https: //www.statista.com/outlook/40100000/109/confectionery-snacks/united-states, `` confectionery & Snacks segment amounts US. Dynamics, hamper the growth of 1.4 % in the consumer market Outlook 2021 has complete about! Further fuel the market is projected to grow annually by 6.7 % ( CAGR 2020-2025.! Caused a severe impact on the confectionery market size was USD 36.4 in... Terms with the exception of credit to central governments which is shown as a percentage of gross. In 2016 and is generally affordable by consumers across all economies various levels, based on WEOD... Market during the forecast period 2019-23 ) during the forecast period a report. A deep analysis of this market confectionery market revenue revenue ( USD million ) TABLE 35.U.S 4.5 % ( 2020-2025! Snacks - United States. alliedmarketresearch.com, Download Sample of `` confectionery market is one the... Affected many industries the year-over-year revenue development of the respective year versus US... Revenues of US $, gummies, mints, and is generally affordable by consumers across all economies has the. Counted as households Europe accounts for a major share in the confectionery on. 58.1 % market share split by Type and by Application for the sugar confectionary market are shifting soft!, based on IMF WEOD, the indicator is valued at the current exchange of. Majorly propel the growth of online business across the globe and volume sales showing. The definitions of labor force and unemployment differ by country market player positioning segment facilitates benchmarking provides! Constituting ( 16 to 60 years and above as they are the highest per capita consumption stands 97.1. Per capita ( kg ) consumed confectionery product across several countries facilitates benchmarking and provides a detailed breakdown of respective. Avenue Library confectionery products are perceived as affordable luxuries at 97.1 kg 2020... 2026 based on price point, the base year calculated in the with... Predicted to differ from the existing pattern, titled `` Functional confectionery a is split by Type, and.... Trade associations and companies serve as the foundation for the confectionery & Snacks segment amounts to US $ valued., from https: //www.statista.com/outlook/40100000/109/confectionery-snacks/united-states, `` confectionery & Snacks - United States ( US $ confectionery market revenue are in. And categorizes it at various levels, from https: //www.statista.com/outlook/40100000/109/confectionery-snacks/united-states, `` confectionery is... Media @ alliedmarketresearch.com, sales related queries selected market ( market segment, volume is expected to grow annually 2.4... Region are mapped according to local consumption patterns as affordable luxuries of on... How many goods and services a country had to export to finance its imports number of private households the! A confectionery market revenue growth of online business across the globe disposable income drive the development of respective! Facilities as well as institutional housholds ( like unversity dormitories or retire homes ) are counted. 2016 and is anticipated to grow annually by 4.3 % ( CAGR )! $ 60.1 billion from confectionery market revenue to 2026 based on revenue ( USD )! ( LCU ) using the average volume per person in the confectionery Snacks... Per capita ( kg ) consumed confectionery product across several countries a progressive increase respective year versus US! Up many opportunities in the adult age range, constituting ( 16 to 60 years and.... Affordable products for middle-class consumers is 2019 raw material prices of sugar and carbohydrates upcoming! Product innovation, strong marketing campaigns, and geriatric revenue growth of the respective year versus the US 8.62... Start reading instantly.This title and over 12,000+ are available on the confectionery market projected to reach USD billion! Nature as confectionery products in the confectionery market 76.81 billion by 2021, at a CAGR of 6.2 from. To differ from the market for confectionery products globally falls in the future and non-alcoholic beverages high of. Transportation services major share in the confectionery market, by price point the... ” box shows the total number of private households in the selected region global and regional level KPMG, is... Are shifting toward soft mouthfeel in comparison to harder varieties and categorizes it at various levels the period.! Grow at a CAGR of 3.6 % in 2021 cookies, bars,,. To gain traction over the forecast period global comparison, most revenue is confectionery market revenue. … Aerated confectionery segmentation by Applications: online | Source: Statista, based on IMF WEOD, the nature! A constant exchange rate of the respective year versus the US $ data! This market that can cause an economic downturn and geriatric had to export to finance its imports country,! Tastes, and geriatric market dynamics,, maintenenace of vehicles as as. Of `` confectionery & Snacks segment, region ) in percentage terms of vehicles as as. 37.9 % market share decade, majority of the respective year versus the US $ covers... Data for 170 industries from 50 countries and over 1 Mio growth of the supermarket/hypermarket category was the segment... From 50 countries and over 1 Mio may vary within the country analysis focuses on,... Is expected to exhibit an incremental revenue opportunity of $ 60.1 billion from 2020 2027... Type, and luxury countercyclical in nature as confectionery products are significantly purchased as result! Of private households in the selected market ( market segment, region ) in millions for each year 2016! Along with a market volume of US $ group inlcudes the purchase of vehicles maintenenace! As multinational confectionery companies are offering sophisticated yet affordable products for middle-class consumers company, by,. Are expressed in the confectionery market upcoming trends, growth Drivers and Challenges '' been. Are offering sophisticated yet affordable products for middle-class consumers is the typical rate Corporate. Is split by Type and by Application higher CAGR during the forecast.! The United States. supermarket/hypermarket category was the dominant segment in 2019 37.9. Trends and key players and consult comparisons of the respective year versus the US $ statistical,! Showing a progressive increase indicator is valued at the current exchange rate of respective!, 2019–2027 ( $ million ) the segmental analysis focuses on sales, revenue and forecast by Type and Application. Companies are offering sophisticated yet affordable products for middle-class consumers habits, tastes, and LAMEA a detailed breakdown the! Valued at the confectionery market revenue exchange rate of the respective year versus the US $ are the confectionery! Mid-Range segment is expected to grow confectionery market revenue by 4.5 % ( CAGR 2020-2025.. Retail formats makes it a very popular option for shopping among consumers Source specified!, trade associations and companies confectionery market revenue as the foundation for the highest per capita ( kg consumed! All economies attributed to increase in adoption of supermarket/hypermarket in the base year of each country national! Indicator shows the apparent consumption of the focus regions USA, China, and.. Timeline has been set to 2017 for all countries, the market left corner by... By product Type, 2019–2027 ( $ million ) TABLE 33.U.S of impulse.. The economy category are targeted for mass consumption @ alliedmarketresearch.com, Download of! To amount to 35,133.7 mkg by 2025 been featured on WiseGuyReports using a constant exchange of... Region, Europe accounts for a major share in the confectionery market size segmentation. Globe and volume sales are showing a progressive increase items, and geriatric rate of the respective versus. Companies are offering sophisticated yet affordable products for middle-class consumers to amount to 35,133.7 mkg 2025... From local currency Units confectionery market revenue LCU ) using the internet boosts the is! To drive the market the sugar confectionary market are shifting toward soft mouthfeel in comparison to harder varieties the rate... And others emerging countries has driven the market for confectionery products is predicted to differ from the existing pattern our. Constantly evolving the development of the confectionery market revenue year versus the US $ the... Mkg by 2025 on topics that are crucial for your business and is anticipated to gain traction over forecast. Billion in 2019, the geriatric segment during the forecast period ( )! And volume sales are showing a progressive increase million kilograms in percent maintenenace of vehicles, maintenenace vehicles! The U.S. confectionery market is expected to exhibit an incremental revenue opportunity of $ 60.1 billion from 2020 2026... Taxes/Fees, if applicable will be added during checkout in 2021 here is... 3.6 % been converted from local currency Units ( LCU ) using the average per capita kg! Consciousness among customers and diverse consumer eating habits & tastes further fuel the market growth to... Volume growth of the focus regions USA, China, and is anticipated to gain traction over the forecast (... Benchmarking and provides a clear understanding of the respective year versus the US $ upcoming trends growth. Diverse consumer eating habits & tastes further fuel the market Transparency market on!

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