The Global Candy Market was valued at USD 226.38 billion in 2021 and is expected to reach USD 308.39 billion by 2029, registering a CAGR of 3.94% during the forecast period of 2022 to 2029.
Global Candy Market Analysis and Insight
Candy is also called confectionery sweet food product. The main ingredient of the candy e is sugar. Candies are made with a combination of chocolate, milk, nuts, fruits, and artificial sweeteners and it comes in the shape of small pieces, drops and bars. There are certain candies with minerals and vitamins which provide protein value that can help in bodybuilding. Consumers who have a hectic schedule commonly opt for candies as a small snack it requires less time for consumption and can be enjoyed during breaks
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Candy Market research report gives information on production development, market sales, regional trade, investment calculation, investment opportunity, trade outlook, policy, regional market and other important characteristic of the market. This report also underlines the market share study as well as estimates the role of industrial growth and advancement. It takes into account the present, previous, and future market research in terms of value and volume. Additionally, major strategies of the most important players have been exhibited well in the Candy Market report. On the whole, the study of this market report offers an in-depth overview of the worldwide market covering all major parameters.
Global Candy Market Segmentation
Type Segment
On the basis of Type, the Candy Market is segmented into
· Hard-Boiled Sweets
· Mints
· Gums and Jellies
· Chocolate
· Caramels and Toffees
Key Players Global Candy Market
- Ferrero (Italy)
- Meiji Holdings Co., Ltd (japan)
- THE HERSHEY COMPANY (US)
- Quality Candy Company (US)
- Nestlé (Switzerland), Cloetta (Sweden)
- General Mills Inc. (US)
- Mondelēz International (US)
- Mars, Incorporated (US)
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MAJOR TOC OF THE REPORT
· INTRODUCTION
· MARKET SEGMENTATION
· MARKET OVERVIEW
· EXECUTIVE SUMMARY
· PREMIUM INSIGHTS
· CANDY MARKET, COMPANY LANDSCAPE
· COMPANY PROFILE
· COMPONENT MANUFACTURER
· CONCLUSION
· QUESTIONNAIRE
· RELATED REPORTS
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In the Candy Market analysis document, a section about the competitive landscape of the key players operating in the global market has also been studied well. This section has the company profile, product specifications, capacity, production value, contact information and market shares for the company. To gain insightful analysis of the market and have a comprehensive understanding of the market and its commercial landscape, the report seems very beneficial. The strategies involved in the Candy Market business report mainly include new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others that boost their footprints in this market.
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Global Candy Market was valued US$ 217.5 Bn in 2020 and is expected to grow US$ 284.29 Bn by 2027, at a CAGR of 3.9% during the forecast period.The Candy Market Size 2021-2027 provides detailed competitive analysis, including market share, size, future scope, and future outlook.
It also analyses the market drivers and opportunities.Global Candy Market OverviewBecause they are lightweight and foldable, these Candy are easy to transport and operate.
Companies are investing heavily in new electric mopeds and scooters to make them more efficient.Get a Sample PDF of the Report at : Request Free Sample ReportList Of TOP KEY PLAYERS in Candy Market Report are - • THE HERSHEY COMPANY• Nestlé• Meiji Holdings Co., Ltd.• General Mills Inc.• Mondelēz International• Kellogg NA Co• Mars, Incorporated• pladis global• LOTTE CONFECTIONARY CO.LTD.• August Storck• Perfetti Van Melle• HARIBO of America, Inc.• Arcor• Ferrero• Cloetta• Sweet Candy Company.• THE BANG CANDY COMPANY• Quality Candy Company• Muskoka Candy Company• The Ferrero Group.• palmer-candy• SUGARFINA INC.• Jelly Belly Candy CompanyCOVID-19 Impact on Market:In December 2019, the COVID-19 epidemic began in Wuhan (China), and has been spreading rapidly around the world.
Due to travel bans and lockdowns, the COVID-19 epidemic has affected many countries' economies and industries.
This outbreak has caused major disruptions in the global food and drink industry, including supply chain breakdowns, cancellations of technology events, and office closures.
Due to the closing of factories and other obstacles in the supply chain, COVID-19 is affecting overall market growth.Segmentation of the Global Candy Market by Types, Applications, and Region:• Chocolate Candy• Non- Chocolate Candyo Hard Boiled Candieso Pastilles, Gums, Jellies and Chewso Toffees, Caramels and Nougato Mintso OthersThe global Candy market has been analysed and market size information provided by countries (regions).
