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 News

Global Candy Market: Recent Developments

In January 2023, Bazooka's new candy brand, Juicy Drop, will be available for purchase in retail stores across Europe. The candy is available in a variety of sweet and sour flavors, including raspberry and strawberry.

In June 2023, Dharampal Satyapal Group (DS Group), a multi-business company and top FMCG conglomerate, has acquired The Good Stuff Pvt Ltd (previously known as Global CP Pvt Ltd), brand owner of LuvIt Chocolate and confectionery, which was formerly owned by Goldman Sachs and Mitsui Ventures. This acquisition is a calculated strategic move to strengthen and grow the Group's portfolio of confections while expanding distribution across grocery and other retail outlets.

In August 2021, Ferrara, a subsidiary of the Ferrero Group, launched Famous Amos Wonders, a range of globally inspired variations on the classic chocolate chip cookie made with ingredients sourced from all over the world.

In March 2023, The Hershey Company, one of the largest chocolate manufacturer, is introducing two delectable plant-based options to satisfy the growing demand for milk chocolate alternatives. The renowned chocolatier has announced the introduction of Reese's Plant Based and the launch of Hershey's Plant Based across the country.