Sugar and Confectionery Products Market Report 2026

The sugar and confectionery products market size has grown steadily in recent years. It will grow from $362.58 billion in 2025 to $376.15 billion in 2026 at a compound annual growth rate (CAGR) of 3.7%. The growth in the historic period can be attributed to expansion of global sugar consumption, strong confectionery manufacturing base, widespread retail availability, cultural significance of sweets, established agricultural supply chains.

The sugar and confectionery products market size is expected to see steady growth in the next few years. It will grow to $446.79 billion in 2030 at a compound annual growth rate (CAGR) of 4.4%. The growth in the forecast period can be attributed to increasing health-conscious consumer preferences, rising adoption of alternative sweeteners, expansion of premium confectionery segments, growing focus on ethical sourcing, increasing online confectionery sales. Major trends in the forecast period include increasing demand for sugar-free and reduced-sugar products, rising premiumization in confectionery offerings, growing focus on sustainable sourcing of sugar, expansion of e-commerce sales channels, enhanced emphasis on product innovation.

The increasing growth of e-commerce is expected to propel the growth of the sugar and confectionery market going forward. E-commerce refers to the buying and selling of goods and services over the internet. Sugar and confectionery companies increasingly leverage e-commerce platforms and direct-to-consumer websites, enabling customers to conveniently browse and purchase products online. This approach allows manufacturers to reach a broader customer base, including younger and digitally engaged consumers, while reducing reliance on traditional brick-and-mortar retail channels. For instance, in August 2023, according to the United States Census Bureau, a U.S.-based government agency, compared to the second quarter of 2022, e-commerce sales in the second quarter of 2023 increased by 7.5%, while total retail sales rose by 0.6%. Online sales accounted for 15.4% of all retail sales during the quarter. Therefore, the increasing growth of e-commerce is driving the growth of the sugar and confectionery market.

Major companies operating in the sugar and confectionery products market are innovating new products such as vegan-friendly formulations to expand their consumer base and meet evolving dietary preferences. Vegan-friendly formulations use only plant-based ingredients, eliminating animal-derived components while maintaining the taste, texture, and sensory appeal of traditional confectionery. For instance, in May 2025, Swizzels Matlow Limited, a UK-based confectionery company specializing in fizzy sweets and nostalgic treats, launched a new tropical-flavored chew bar featuring mango and pineapple. The product addresses rising consumer demand for fruity and inclusive confectionery by retaining Refreshers’ signature fizzy sherbet center while adopting a vegan-friendly formulation that appeals to a wider range of dietary preferences.

In October 2025, Ferrara Candy Company, LLC, a U.S.-based confectionery manufacturer specializing in iconic sugar and candy brands, acquired CPK Group for an undisclosed amount. Through this acquisition, Ferrara aims to strengthen its global footprint in the sugar and confectionery products market by integrating CPK Group’s portfolio of European candy and chocolate brands along with its established manufacturing presence in France. CPK Group is a France-based confectionery and chocolate company specializing in traditional and contemporary European confectionery and chocolate products.

Major companies operating in the sugar and confectionery products market are Mondelez International Inc., Barry Callebaut AG, The Hershey Company, Nestle S.A., Wilmar International Ltd., Grupo Bimbo S.A.B. de C.V., Chocoladefabriken Lindt & Spruengli AG, Louis Dreyfus Company, CJ Corp, Yamazaki Baking Co. Ltd., Mars Wrigley Confectionery, Ferrero International S.A., Pladis Group, Perfetti Van Melle B.V., Haribo GmbH & Co. KG., Ezaki Glico Co. Ltd., Grupo Arcor, Albanese Confectionery Group Inc., Jelly Belly Candy Company, The Topps Company Inc., Alfred Ritter GmbH & Co. KG, Trolli GmbH, The Ferrara Candy Company, Roshen Confectionery Corp., Cloetta AB, Yildiz Holding AS, Lotte Confectionery Co. Ltd., Orion Corp., American Licorice Co., Crown Confectionery Co. Ltd.

Asia-Pacific was the largest region in the sugar and confectionery products market in 2025. Western Europe was the second-largest region in the sugar and confectionery products market. The regions covered in the sugar and confectionery products market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the sugar and confectionery products market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The sugar and confectionery products market consists of sales of raw sugar, liquid sugar, refined sugar, chocolate candy bars, chocolate fudge, chocolate syrup, chocolate granola bars, candied fruits, toffee, fudge, granola bars, chewing gum, jelly candies, marshmallows, and other sugar and confectionery products. The companies in the sugar and confectionery products industry process agricultural inputs such as sugarcane, beet and cacao into sugar and confectionery products such as chocolate, and package and distribute them through various distribution channels to both individual customers and commercial establishments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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