123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Food,-Cooking-and-Drink >> View Article

Covid-19 Impact On Sugar Confectionery Industry Analysis, Supply Chain, Global Qualitative Insight

Profile Picture
By Author: Nikhil khadilkar
Total Articles: 563
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Sugar Confectionery Market Overview

Sugar Confectionery products majorly include pastilles, gums, jellies, and chews which are high in sugar content. Increasing demand for confectionery products has given an opportunity to the sugar confectionery manufacturers to come up with various innovative sugar confectionery products. Furthermore, high demand for sugar confectioneries among children is a major driving factor for the market growth. Additionally, demand for medicated sugar confectionery is pushing the growth of the market in a positive direction.

Global Sugar confectionery Industry are attractive and sweet which is gaining traction among all the age groups.
Changing consumption pattern followed by increasing disposable income is boosting the growth of the sugar confectionery market. Moreover, growing trend of gifting confectioneries is driving the growth of the sugar confectionery market.

Various innovations in the sugar confectionery products are boosting the growth of the market globally. Moreover, key players are growing their market through attractive packaging, which is adding fuel to the growth of the sugar confectionery market. However, increasing health conscious population followed by increasing obesity may hamper the growth of the market. Nevertheless, all these factors are projected to contribute to the estimated CAGR of 3.2% of sugar confectionery market during the forecast period, 2017-2023.

Competitive analysis

The Major Players in The Sugar Confectionery Market

THE HERSHEY COMPANY (U.S.)
Nestlé (Switzerland)
Mars Incorporated (U.S.)
Mondelez International (U.S.)
HARIBO (Germany)
Ferrero (Italy)
Wrigley (U.S.)
Infographic Images Related Report @ https://www.marketresearchfuture.com/infographics

Downstream analysis

Sugar Confectionery Market is segmented based on type such as pastilles, gums, jellies, chews, and others. Among all, the pastilles segment is dominating the market followed by the gums segment. Growing retail sector is majorly contributing to the growth of pastilles segment as they usually fall under an impulsive purchase of the consumers.

Based on the packaging, the sugar confectionery market is segmented into sachets, boxes, and others. The sachet segment is dominating the market. However, the boxes segment are expected to grow at the fastest rate in the coming years.

Regional Analysis

The Global Sugar Confectionery Market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North America is dominating the global market. Use of sugar confectioneries on various occasions for gifting is a major driver for this market in North America.

Asia Pacific is the fastest growing sugar confectionery market owing to high usage of confectioneries in the festivals and customs in India. Moreover, continuous innovation and new product launches with innovative packaging are supporting the growth of sugar confectionery market in rest of the world.

For More Information @ https://www.marketresearchfuture.com/reports/sugar-confectionery-market-5454

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Total Views: 15Word Count: 452See All articles From Author

Add Comment

Food, Cooking and Drink Articles

1. Low Sodium Chicken Recipe - Heart Healthy Dinner Ideas
Author: 5amily Ltd

2. Chicken Shawarma Recipe: How-to Guide With Ingredients
Author: 5amily Ltd

3. Slow Cooker Roast Beef Recipe
Author: 5amily Ltd

4. 3 Sauces That Must Be Part Of Every Kitchen
Author: Morden Foods Products

5. What Whmis Training And Why Do You Need It?
Author: Probe It Food Safety

6. Olive Helps To Keep Your Skin Ever-youthful Naturally
Author: Luessidino

7. Covid-19 Impact On Extruded Snacks Market Value, Future Trends, Application, Opportunity Analysis
Author: Nikhil khadilkar

8. Rise In Seaweed Farming Practices Propelled By Global Demand Drives The Market
Author: MarketsandMarkets™ INC.

9. 5 Health Benefits You Can Get From Consuming Grass Fed Beef
Author: Mary Slanker

10. Here’s How To Plan Your Pizza Party!
Author: Laurie Hekeik

11. How To Serve Foie Gras
Author: House of Caviar

12. Halloween Recipes With Fine Foods
Author: House of Caviar

13. How To Serve And Garnish Caviar
Author: House of Caviar

14. The Perfect Caviar For A Special Occasion.
Author: House of Caviar

15. Finest Dishes You Should Try.
Author: Bemka

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: