Candy Market, By Product Type (Chocolate Candy and Non Chocolate Candy), By Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Specialist Retailers, Online Retail, Others), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Published In : Jul 2023

Code : CMI4499

Pages :170

Formats :

Excel and PDF

Industry : Food and Beverages

Market Challenges And Opportunities

Global Candy Market: Restraint

Health issues caused by candies

The consumption of chocolate and its associated candies has been linked to a variety of health issues, including obesity and oral infection. Chocolates are particularly prone to tooth infections in children, and should be consumed in moderation. Among adults, the excessive consumption of chocolate and other candies has been identified as a contributing factor to obesity. The high consumption of chocolate is one of the primary causes of weight gain among consumers, and its high content of sugar, fat and calories has been linked to an increase in weight.

Global Candy Market: Opportunity

Increasing demand for chew candies

With the increasing number of smokers in the UAE (United Arab Emirates) region, the consumption of chew candies is expected to rise in the near future. According to the World Bank, 18.2% of UAE adults contribute to the global prevalence of current tobacco use. The chew gums are known to reduce the tobacco smell after smoking and hence, has led to an increasing demand for chew gums. With the introduction of smokeless cigarettes in the UAE region, the number of smokers are estimated to increase and favor the consumption of chew candies. The presence of numerous hypermarkets/supermarkets have contributed to the rise and expansion of the candy market globally. Some of the major supermarkets/ hypermarkets such as Walmart, Carrefour, and others have been known to favor the revenue and sales of the candy market globally.