Sugar Confectionery Market by Type (Caramels and Toffees, Gums and Jellies, Hard-boiled Sweets, Medicated Confectionery, Mints), Distribution Channel, Application, and Geography - Global Industry Analysis, Opportunities and Forecast up to 2029

Sugar Confectionery Market Size

The Sugar Confectionery market size was valued at $1.99 billion in 2023 and is projected to reach $2.70 billion by 2029, growing at a CAGR of 5.2% during the forecast period.

Sugar Confectionery Market Overview

Sugar confectionery refers to a category of sweets or confections that are primarily made from sugar or sugar-based ingredients. These confections are often enjoyed as treats or desserts and come in a variety of forms, flavors, and textures. Common examples of sugar confectionery include candies, chocolates, chewing gum, toffees, caramels, marshmallows, lollipops, and various types of gummies. The production process typically involves cooking, boiling, or heating sugar along with other ingredients such as flavorings, colorings, and sometimes additives like gelatin or starch. Sugar confectionery is popular worldwide and is often enjoyed on its own or used as ingredients in other desserts or baked goods. It encompasses a broad range of indulgent and sweet treats that appeal to people of all ages.

Sugar Confectionery Market Dynamics

The market dynamics analyzed in this market research report encapsulate a multifaceted interplay of drivers and constraints that significantly shape the landscape of the Sugar Confectionery Market. The comprehensive analysis of both drivers and constraints enables a nuanced understanding of the market's dynamics, empowering businesses and stakeholders to make informed decisions in navigating the complexities of the market.

Sugar Confectionery Market Scope

The report “Global Sugar Confectionery Market: Industry Analysis, Opportunities and Forecast up to 2029” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2021, 2022 and offers revenue estimations for 2023, and project forecasts spanning from 2024 to 2029. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.

The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Global Sugar Confectionery Market by, Type

·        Caramels and Toffees

·        Gums and Jellies

·        Hard-boiled Sweets

·        Medicated Confectionery

·        Mints

·        Other Types

Global Sugar Confectionery Market by, Distribution Channel

·        Online

·        Offline

Global Sugar Confectionery Market by, Application

·        Ice Cream

·        Drinks

·        Dessert

·        Other Applications

Global Sugar Confectionery Market by, Geography

·        North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis.

·        Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis

·        Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis

·        South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis

·        Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis.

Key Players Profiled in this Research Report include:

·        Adams and Brooks Candy

·        Albanese Confectionery Group

·        American Licorice

·        Anthony-Thomas Candy

·        Arcor

·        Atkinson Candy

·        August Storck

·        Bahlsen

·        Ferrero Group

·        Haribo

·        Mondelez International

·        Nestle

·        Perfetti Van Melle

·        Wrigley

What can be explored with this research report?

·        Understand global Sugar Confectionery Market analysis, trends, and forecast to 2029.

·        Understand analysis of the Sugar Confectionery Market structure by identifying various segments and sub-segments of the market.

·        Understand revenue forecast and strategic analysis concerning industry trends and contribution to the overall Sugar Confectionery Market.

·        Understand the revenue forecast of the Sugar Confectionery Market for North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

·        Identification of major market trends, and factors driving, restraining, threatening, and providing opportunities for the Sugar Confectionery Market growth.

·        Analyzing opportunities by identification of high-growth segments/revenue pockets in the Sugar Confectionery Market.

·        Understand major player profiles in the Sugar Confectionery Market and analyze their business strategies.

·        Understand competitive developments such as joint ventures, alliances, mergers and acquisitions, and new product launches in the Sugar Confectionery Market.

Table Of Content

1 Market Introduction 
 1.1 Market Definition 
 1.2 Research Scope and Segmentation 
 1.3 Stakeholders 
 1.4 List of Abbreviations 
 
2 Executive Summary 
 
3 Research Methodology 
 3.1 Identification of Data 
 3.2 Evaluation of Market Dynamics 
 3.3 Collaboration of Data 
 3.4 Verification and Analysis 
 3.5 Research Approach 
 3.6 Data Sources and Assumptions 
 
4 Market Dynamics 
 4.1 Market Drivers 
 4.2 Market Restraints 
 4.3 Market Opportunities 
 4.4 Market Challenges 
 4.5 Impact of COVID-19 on the Sugar Confectionery Market 
 
5 Porter's Five Force Analysis 
 5.1 Bargaining Power of Suppliers 
 5.2 Bargaining Power of Buyers 
 5.3 Threat of New Entrants 
 5.4 Threat of Substitutes 
 5.5 Competitive Rivalry in the Market 
 
6 Global Sugar Confectionery Market by, Type 
 6.1 Overview 
 6.2 Caramels and Toffees 
 6.3 Gums and Jellies 
 6.4 Hard-boiled Sweets 
 6.5 Medicated Confectionery 
 6.6 Mints 
 6.7 Other Types 
 
7 Global Sugar Confectionery Market by, Distribution Channel 
 7.1 Overview 
 7.2 Online 
 7.3 Offline 
 
8 Global Sugar Confectionery Market by, Application 
 8.1 Overview 
 8.2 Ice Cream 
 8.3 Drinks 
 8.4 Dessert 
 8.5 Other Applications 
 
9 Global Sugar Confectionery Market by, Geography 
 9.1 Overview 
 9.2 North America 
 9.2.1 US
 9.2.2 Canada
 9.2.3 Mexico
 9.3 Europe 
 9.3.1 Germany
 9.3.2 France
 9.3.3 UK
 9.3.4 Italy
 9.3.5 Spain
 9.3.6 Rest of Europe
 9.4 Asia Pacific 
 9.4.1 China
 9.4.2 Japan
 9.4.3 India
 9.4.4 South Korea
 9.4.5 Australia
 9.4.6 New Zealand
 9.4.7 Rest of Asia Pacific
 9.5 South America 
 9.5.1 Brazil
 9.5.2 Argentina
 9.5.3 Chile
 9.5.4 Rest of South America
 9.6 Middle East & Africa 
 9.6.1 UAE
 9.6.2 Saudi Arabia
 9.6.3 Qatar
 9.6.4 Iran
 9.6.5 South Africa
 9.6.6 Rest of Middle East & Africa
 
10 Key Developments 
 
11 Company Profiling 
 11.1 Adams and Brooks Candy 
 11.1.1 Business Overview
 11.1.2 Product/Service Offering
 11.1.3 Financial Overview
 11.1.4 SWOT Analysis
 11.1.5 Key Activities
 11.2 Albanese Confectionery Group 
 11.3 American Licorice 
 11.4 Anthony-Thomas Candy 
 11.5 Arcor 
 11.6 Atkinson Candy 
 11.7 August Storck 
 11.8 Bahlsen 
 11.9 Ferrero Group 
 11.10 Haribo  
 11.11 Mondelez International  
 11.12 Nestle  
 11.13 Perfetti Van Melle 
 11.14 Wrigley