Learn about the Candy Market growth and developments.
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the Candy Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Candy market, with forecasts outspreading to the year 2030.
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Discover how we define the Candy Market scope and research approach.
The Candy market research provides comprehensive information on significant aspects, including those that are expected to drive the industry’s growth and upcoming challenges. The competitive environment of the industry, the products marketed by well-known companies, and the investment potential in the Candy market will all be thoroughly understood by stakeholders. The study covers both the qualitative and quantitative components of the sector. A comprehensive examination of the competition for the Candy Market is included in the scope of the MMR report.
The report offers a number of new requirements, each with a thorough justification. The Candy Market was created by consulting both primary and secondary sources of information, including government documents, websites, annual reports, and the opinions of other professionals and academics.
Uncover the regional opportunities and challenges in the Candy Market.
This study includes a comprehensive analysis of all pertinent data, including market size, growth rate, and import and export by region. The research’s geographic analysis makes it possible to comprehend the Candy market situations in various nations. The Candy market is made up of the markets in North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East.
Discover key segments driving the growth of the Candy Market :
Global Candy Market size was valued at USD 243.95 Bn. in 2023 and the total Candy revenue is expected to grow by 3.9 % from 2024 to 2030, reaching nearly USD 318.87 Bn.
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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
By product type, chocolate candies contain chocolate as well as cocoa products. The non-chocolate candy market is further segmented into hard-boiled candies, pastilles, gums, jellies & chews, toffees, caramels & nougat, mints, and others. The non-chocolate candy registers the largest growth rate, because of varying consumer inclinations. The adoption of gums and chews by athletes and jellies and toffees among kids is increasing which is directly increasing the demand for Non-Chocolatey candies. Whereas, Chocolate candies are expected to reach the largest market share during the forecast period.
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
Based on the Distribution Channel, the market is segmented into Supermarkets and Hypermarkets, Convenience Stores, Specialist Retailers, Online Retail, and Others. The Supermarkets and Hypermarkets segment dominated the Candy market and is expected to dominate during the forecast period 2024-2030 with the largest market share. The expectations of consumers are evolving at a rapid pace, and supermarkets must adapt to keep up. The Candies and their varieties, sometimes with an offer, and easy availability increase the demand for the candies among consumers.
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Learn about the top players driving innovation in the Candy Market :
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
Get answers to critical questions shaping 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 is the CAGR at which the Candy market will grow during the forecast period?
- What are the different segments of the Candy Market?
- Which is the fastest growing region in the Candy market?
- What growth strategies are the players considering to increase their presence in Candy ?
- What are the upcoming opportunities 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?
- 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?
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Get a closer look at the game-changing products driving success :
- Past Size and Competitive Landscape
• Past Pricing and price curve by region
• Size, Share, Size Forecast by different segment
• Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Segmentation A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape Profiles of selected key players by region from a strategic perspective
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