Global Confectionery Market to 2025 - A Deep Dive into Sector, Challenges and Future Outlook, Country and Regional Analysis, Competitive Landscape, Health & Wellness Analysis, Distribution Channels and Preferred Packaging Formats

The global Confectionery sector was valued at US$191.4 billion in 2020 and is forecast to record a CAGR of 3.1% during 2020-2025 to reach US$222.4 billion by 2025. The Americas represented the largest region for the global Confectionery sector, with a value share of 29.9% in 2020, followed by the Western Europe accounting for 28.2% and Asia-Pacific with 23.9%. Among all the regions, Eastern Europe and Western Europe are forecast to record the highest value CAGR of 3.5% each, during 2020-2025. Chocolate was the largest category, with a value share of 55.8%, followed by sugar confectionery (33.3%) and gum (10.9%) in 2020. Mars, Incorporated is the leading company with a value share of 14.8% in 2020, followed by Mondelez International, Inc, Nestlé SA. The overall share of private label products stood at 4.1%. Hypermarkets & supermarkets was the leading distribution channel for confectionery globally, with a value share of 42.7% in 2020, followed by convenience stores with 25.7%. Hypermarkets & supermarkets’ large share can be attributed to the developed organized retail industry in major countries.

Low/No sugar products are gaining traction among consumers owing to shift towards healthy lifestyle. The global challenge to this sector is the availability of raw materials due to the changing weather conditions and the rising sugar taxes imposed by governments to wean consumers off from sugary foods and drive an impetus toward healthier alternatives. The novel & experimental and personalization are the common trends among majority of the high-potential countries in the global confectionery sector.

This report brings together multiple data sources to provide a comprehensive overview of the global confectionery sector. It includes analysis on the following -

• Sector Overview: Provides an overview of current sector scenario regarding the future outlook in terms of ingredients, product claims, labeling, and packaging. The analysis also covers regional overview across five regions- Asia Pacific, Middle East & Africa, Americas, Western Europe, and Eastern Europe- highlighting sector size, growth drivers, latest developments, and future inhibitors for the region
• High-Potential Countries: Provides risk-reward analysis of the top four high-potential countries in each region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure
• Country and Regional Analysis: Provides deep-dive analysis of 10 high-potential countries covering value growth over 2020-2025, key challenges, consumer demographics, and key trends. It also includes regional analysis covering the future outlook for the region
• Competitive Landscape: Provides an overview of leading brands at a global and regional level, besides analyzing the product profile, country level presence, market share, and growth of private labels in each region
• Key Distribution Channels: Provides analysis on the leading distribution channels in the global haircare sector in 2020. It covers: Hypermarkets & Supermarkets, Food & drinks specialists, Department Stores, Convenience Stores, “Dollar Stores”, Variety Stores & General Merchandise Retailers, Cash & Carries & Warehouse Clubs, Drug stores & Pharmacies, eRetailers, Vending machines, and Others
• Preferred Packaging Formats*: The report provides percentage share (in 2020) and growth analysis (during 2015-2025) for various packaging materials, containers, closures, and outer types based on the volume sales (by pack units) of haircare products

Scope

• Provides an overview of current industry scenario regarding the future outlook in terms of ingredients, product claims, labeling, 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

• To have a thorough fact based analysis with information about the global confectionery industry across the five regions in value terms and the underlying factors that are driving the sales.
• To gain confidence to make the correct business decisions based on a detailed analysis of the industry and to identify high-potential countries over the next 5 years.
• The analysts have placed a significant emphasis on the mega trends that drive consumer choice and will provide a clear picture about the future opportunities that can be explored across the regions, resulting in revenue expansion.
• To gain competitive intelligence about leading brands in the industry at global and regional level with information about their sector share, business descriptions and product profiles.