Global Candy Market Size, Share, Growth Analysis Report - Forecast 2034

Global Candy Market: Industry Perspective

The global candy market size was worth around USD 14.76 Billion in 2024 and is predicted to grow to around USD 39.84 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 10.44% between 2025 and 2034. The report analyzes the global candy market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the candy industry.

Request Free Sample

Global Candy Market: Overview

Candy is a confectionary that includes sugar as its key ingredient. Moreover, the category which is also referred to as sugar confectionery comprises sweet confection that includes chewing gum, chocolate, and sugar candy. Furthermore, candy is characterized by the utilization of a substantial proportion of sugar or its substitutes. For the record, the main audience for the product is children and youth.

Global Candy Market: Growth Factors

Growing consumption of chocolate candies to embellish the global market trends

Escalating demand for chocolate candies is predicted to boost the expansion of the global candy market. Rise in urbanization and increasing per capita income are some of the major factors bolstering the growth of the candy market. In addition to this, a prominent increase in the young population and the growing popularity of dark chocolate are some other indirect factors for the growth of the candy market growth. Surge in the consumption of sugar-free candies owing to conscience among consumers to stay fit and healthy will embellish the growth of the candy market.

Furthermore, the large-scale presence of non-chocolate as well as chocolate candies manufacturers across the globe will steer the expansion of the candy market across the globe. In addition to this, the rise in the intake of dark chocolate offering numerous health benefits will boost the global market trends.

Candy Market: Hindrances

High sugar ingredients present in candies to put brakes on the global industry surge

Presence of high sugar content in candies with the rise in the incidences of dental issues and obesity owing to a massive intake of these products can deter the growth of the global candy industry. Moreover, the rise in tooth infections in kids has inhibited product demand in recent years.

Candy Market: Opportunities

Easy access to candies in supermarkets & hypermarkets to open new growth opportunities for the global market

Increase in the number of smokers has led to a massive intake of chew candies, thereby creating new growth opportunities for the global candy industry. Rise in the number of supermarkets & hypermarkets across the globe and the easy availability of candies in these superstores will open new avenues of growth for the industry across the globe.

Candy Market: Challenges

Huge costs of raw components used in manufacture of products to put a big challenge for the global industry

High raw material costs along with huge product transportation costs have put a big challenge in the growth path of the global candy industry. Apart from this, disruption in the supply chain activities leading to low supply & less availability of products in the market can prove to be one of the biggest hurdles in the growth path of the industry across the globe.

Key Insights

• As per the analysis shared by our research analyst, the global candy market is estimated to grow annually at a CAGR of around 10.44% over the forecast period (2025-2034).
• Regarding revenue, the global candy market size was valued at around USD 14.76 Billion in 2024 and is projected to reach USD 39.84 Billion by 2034.
• The candy market is projected to grow at a significant rate due to Rising consumption of confectionery and product innovation in flavors and packaging drive growth.
• Based on Type, the Chocolate segment is expected to lead the global market.
• On the basis of Flavor, the Fruit segment is growing at a high rate and will continue to dominate the global market.
• Based on the Age Group, the Children segment is projected to swipe the largest market share.
• By Distribution Channel, the Supermarkets/Hypermarkets segment is expected to dominate the global market.
• Based on region, North America is predicted to dominate the global market during the forecast period.

Global Candy Market: Report Scope

Global Candy Market: Segmentation Analysis

The global candy market is segmented based on Type, Flavor, Age Group, Distribution Channel, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2025 to 2034.

Based on Type, the global candy market is divided into Chocolate, Non-chocolate, Chewing Gum, Hard Candies, Gummies & Jellies, Lollipops.

On the basis of Flavor, the global candy market is bifurcated into Fruit, Mint, Caramel, Coffee, Others.

By Age Group, the global candy market is split into Children, Adults.

In terms of Distribution Channel, the global candy market is categorized into Supermarkets/Hypermarkets, Convenience Stores, Online Retail, Specialty Stores.

The Regional, this segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America,and the Middle East and Africa.

Global Candy Market: Regional Insights 

The global candy market shows significant regional variation: North America leads, holding around 35–39 % of global candy sales thanks to high disposable incomes, strong holiday-driven demand (e.g., Halloween, Valentine’s Day), and innovation in premium and artisanal candies. Asia‑Pacific is the fastest-growing, expanding at about 8–8.2 % CAGR, propelled by urbanization, rising middle classes in China and India, and the adoption of Western-style snacking via both modern retail and online channels. Europe, Latin America, and MEA are growing steadily—Europe through demand for premium, sustainable treats; Latin America via cultural sweetness affinity and rising incomes; and MEA spurred by urbanization and young demographics—adding diversity and opportunity across global markets

Global Candy Market: Competitive Analysis

The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the candy market on a global and regional basis.

The global candy market is dominated by players like:

• Palmer-candy (U.S.)
• Candy Rush Muskoka (Canada)
• Sweet Candy Company (U.S.)
• Meiji Holdings Co. Ltd (Japan)
• THE HERSHEY COMPANY (U.S.)
• Nestlé (Switzerland)
• Cloetta (Sweden)
• Mondelez International (U.S.)
• Ferrero (Italy)
• Mars Incorporated (U.S.)
• Pladis Global (UK)
• LOTTE CONFECTIONERY CO.LTD (South Korea)
• Storck (German)
• Perfetti Van Melle (Netherland)
• General Mills Inc. (U.S.)
• Arcor (Argentina)
• THE BANG CANDY COMPANY(U.S.)
• Quality Candy Company (U.S.)
• SUGARFINA USA LLC (U.S.)
• HARIBO GmbH & Co. KG (Germany)
• and Jelly Belly Candy Company (U.S.).

Global Candy Market: Segmentation Analysis

The global candy market is segmented as follows;

By Type

• Chocolate
• Non-chocolate
• Chewing Gum
• Hard Candies
• Gummies & Jellies
• Lollipops

By Flavor

• Fruit
• Mint
• Caramel
• Coffee
• Others

By Age Group

• Children
• Adults

By Distribution Channel

• Supermarkets/Hypermarkets
• Convenience Stores
• Online Retail
• Specialty Stores

Global Candy Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America