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

Candy MarketSize and Trends

Global candy market is projected to reach around US$ 113.67 Billion by the end of 2030, in terms of revenue, growing at CAGR of 4.5% during the forecast period (2023-2030).

Global Candy Market: Trends

Rapid adoption of organic food culture and sugar-free candies

The international market for sugar-free confectionery is growing rapidly due to the recent advancements in flavor, look, and mouth feel. Most manufacturers are focusing on product innovation in accordance with the organic food culture around the world. Furthermore, a variety of ingredients are being incorporated into the production of sugar-free confections, including organic confectionery, vegan confectionery, confectionery that is GMO-free and kosher, as well as sweeteners and other ingredients. This is likely to continue to drive growth in the category as more focus is placed on clean-labelled products and more stringent government regulations are being implemented on the level of sugar in food products. For instance, in 2021, Nestle introduced sugar-free chocolate bars containing dates for the first time.