Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 223.64 Billion | USD 332.96 Billion | 4.06% | 2024 |
FrequentlyAsked Questions
Confectionery is all those food items that have high sugar and carbohydrate content. They usually include jellies, fudge, candies, toffies, hard candy, pastilles, etc. Chocolate confectionery is widely popular in various countries across the globe as more and more children and increasingly inflicted towards it as they are sweeter and also because cocoa or chocolate is a crucial part of these confectioneries.
The global confectionery market is expected to grow due to rising disposable incomes, demand for premium and sugar-free products, seasonal and gifting trends, and product innovations in flavor and packaging.
According to a study, the global confectionery market size was worth around USD 223.64 Billion in 2024 and is expected to reach USD 332.96 Billion by 2034.
The global confectionery market is expected to grow at a CAGR of 4.06% during the forecast period.
North America is expected to dominate the confectionery market over the forecast period.
Major players functioning in the global confectionery market include Nestlé S.A., Mars Inc., Ferrero Group, Mondelez International, Inc., Grupo Arcor, Perfetti Van Melle, Cadbury, Petra Foods, United Confectionery Manufacturers, Meiji Co., Ltd., Chocoladefabriken Lindt & Sprüngli AG, The Hershey Company, Ezaki Glico Co., Ltd., Pladis, and Haribo GmbH & Co. K.G.
The report explores crucial aspects of the confectionery market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed