Abstract
The global confectionery sector was valued at $187 billion in 2022 and is expected to yield a CAGR of 6.8% during 2022-27, to reach $259.4 billion in 2027. Over the forecast period, global confectionery is expected to register a volume CAGR of 1.4%, to reach 15.4 billion kg in 2027. The Americas was the largest market in the global confectionery sector in 2022, with value sales of $60.2 billion. In volume sales terms, the Americas region also emerged as the largest market with 4.6 billion kg.
This report brings together multiple data sources to provide a comprehensive overview of the global confectionery sector. It includes an analysis of the following -
- Sector overview: Provides an overview of current sector landscapes in terms of ingredients, manufacturer claims, labeling, and packaging. The analysis also provides overviews across five regions-Asia-Pacific, Middle East and Africa, the Americas, Western Europe, and Eastern Europe-highlighting sector sizes, growth drivers, latest developments, and future inhibitors for each region. This covers off-premise data.
- Change in consumption: Details any shifts in the consumption of confectionery over 2017-27 at global and regional levels.
- High-potential countries: Provides risk-reward analysis of the top four high-potential countries in each region based on market assessment, economic development, governance indicators,
sociodemographic factors, and technological infrastructure
Key Highlights
Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the industry in the region
The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis, that can help companies gain insight into the country specific nuances
The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
To gain competitive intelligence about leading brands in the industry in the region with information about their market share and growth rates
Scope
- The report provides an overview of current confectionery scenario regarding the future outlook in terms of ingredients, product claims, labeling, distribution, and packaging. The analysis also covers regional overview across five regions - Asia-Pacific, Middle East & Africa, Americas, Western Europe, and Eastern Europe - highlighting industry size, growth drivers, latest developments, and future inhibitors for the regions.
Reasons to Buy
- Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the confectionery sector in the region
- The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis, that can help companies gain insight into the country specific nuances
- The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
- To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates