Lucintel Forecasts The Global Candy Market To Reach $118 Billion By 2035

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global candy market looks promising with opportunities in the sugar-based candy and sugar-free/reduced-sugar candy markets. The global candy market is expected to reach an estimated $118 billion by 2035 from $78 billion in 2027 with a CAGR of 4.9% from 2027 to 2035. The major drivers for this market are the increasing demand for healthier options, the rising popularity of premium flavors, and the growing interest in convenient packaging.
A more than 150-page report to understand trends, opportunity and forecast in global candy market to 2035 by product type (chocolate candy, non-chocolate candy, hard-boiled candies, pastilles, gums, jellies & chews, toffees, caramels & nougat, mints, and others), ingredient type (sugar-based candies and sugar-free/reduced-sugar candies), category (mass and premium), distribution channel (supermarkets/hypermarkets, convenience stores, specialist retailers, online retail, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the product type category, ...
... chocolate candy will remain the largest segment over the forecast period due to strong consumer preference and widespread popularity of chocolate products.
Within the ingredient type category, sugar-based candy will remain a larger segment over the forecast period due to traditional consumption patterns and high demand for sweet treats.
Download sample by clicking on candy market.
In terms of regions, North America is expected to witness the highest growth over the forecast period due to increasing market demand and expanding confectionery consumption trends.
Mars, Incorporated, Mondelez International, Inc., Nestle SA, Ferrero International S.A., The Hershey Company, Perfetti Van Melle Group B.V., Haribo GmbH & Co. KG, Jelly Belly Candy Company, August Storck KG, Parle Products Private Limited are the major suppliers in the candy market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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