Confectionery Market : Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Confectionery Market: By Product Type (Caramels and Toffees, Chocolate, Fine Bakery Wares, Gums & Jellies, Hard-boiled Sweets, Medicated Confectionery, Mints and Others), By Price Point (Economy, Luxury, Mid-Range), By Age Group (Adult, Children, Geriatric), By Distribution Channel (Convenience Stores, Duty-free Outlets, E-commerce, Food Services, Pharmaceutical & Drug Stores, Supermarket/Hypermarket and Others) and Geography

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Report

Description

The confectionery market size is valued at USD 195.1 billion in 2021. It is expected to reach a value of USD 245.6 billion by 2028, growing at a CAGR of 3.9% during the forecast period from 2022 to 2028. The global market provides a detailed overview of the Confectionery market, and that has been segmented into product type, price point, age group, and distribution channel. By Product Type, the confectionery market has been segmented into Caramels and Toffees, Chocolate, Fine Bakery Wares, Gums & Jellies, Hard-boiled Sweets, and Medicated Confectionery, Mints, and Others. The Chocolate segment is likely to be the largest and fastest-growing segment in product type. Based on price point, the confectionery is segmented into Economy, Luxury, and Mid-Range. The Economy segment is expected to register the fastest growth rate during 2022-2028. Based on age group, the confectionery market is segmented into Adults, Children, and Geriatric. The Adult segment is the dominant segment in the forecast period. Based on the distribution channel, the confectionery market is segmented into Convenience Stores, Duty-free Outlets, E-commerce, Food Services, Pharmaceutical & Drug Stores, Supermarket/Hypermarket, and Others. According to precision business insights, supermarkets/Hypermarkets are predicted to hold the largest market share in the forecast period.

Key Development:

In 2020, Mondelez International Inc has patented a process that enables it to lower the sugar levels in its chocolate using soluble corn fiber; this has the potential to reduce the level of sugar in its products by up to 50% without compromising the flavor of the actual product.

Confectionery Market

MARKET SUMMARY
-
3.9% CAGR
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 3.9%
  • Largest Market– North-America
  • Fastest Growing Market– Europe

Confectionery Market

  • The confectionery market report gives comprehensive outlook on semen analysis across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The confectionery market report gives historical, current, and future market sizes (US$ Mn) on by product type, price point, age group, distribution channel, and geography.
Key Players
  • Mars, Incorporated
  • Ferrero International S.A.
  • Nestle S.A.
  • Mondelēz International, Inc
  • Meiji Holdings Co., Ltd.
Confectionery Market

Drivers

The expanding global food and beverage industry and increased per capita consumption of these products will drive market expansion. Furthermore, the market’s primary driving factors include customers’ tendency to gift these products, increased disposable income, and global urbanization.


Europe Got Significant Share

Confectionery Market

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Confectionery Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The Confectionery Market is projected to expand at a CAGR of  3.9% during the forecast period.

The major players in the global confectionery market are Mars, Incorporated, Mondelez International, Inc., Nestlé S.A., Ferrero Group, Meiji Co., Ltd., The Hershey Company, Chocoladefabriken Lindt & Sprüngli AG, Ezaki Glico Co., Ltd., Haribo GmbH & Co. K.G., and Pladis.

Europe is the fastest-growing region for Confectionery Market


Report

Table Of Content

1. Executive Summary
2. Global Confectionery Market Introduction
2.1. Global Confectionery Market – Taxonomy
2.2. Global Confectionery Market –Definitions
2.2.1. By Product Type
2.2.2. By Price Point
2.2.3. By Age Group
2.2.4. By Distribution Channel
2.2.5. By Region
3. Global Confectionery Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Confectionery Market Dynamic Factors – Impact Analysis
3.6. Global Confectionery Market – Competition Landscape
4. Global Confectionery Market Analysis, 2017-2021 and Forecast, 2022-2028
4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Confectionery Market, By Product Type, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1. Caramels and Toffees
5.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Chocolate
5.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Fine Bakery Wares
5.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Gums & Jellies
5.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Hard-boiled Sweets
5.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
5.6. Medicated Confectionery
5.6.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.6.3. Market Opportunity Analysis
5.7. Mints
5.7.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.7.3. Market Opportunity Analysis
5.8. Others
5.8.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.8.3. Market Opportunity Analysis
6. Global Confectionery Market, By Price Point, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1. Economy
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Luxury
6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Mid-Range
6.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
7. Global Confectionery Market, By Age Group, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1. Adult
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Children
7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Geriatric
7.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
8. Global Confectionery Market, By Distribution Channel, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1. Convenience Stores
8.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Duty-free Outlets
8.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. E-commerce
8.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Food Services
8.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Pharmaceutical & Drug Stores
8.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Supermarket/Hypermarket
8.6.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.6.3. Market Opportunity Analysis
8.7. Others
8.7.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.7.3. Market Opportunity Analysis
9. Global Confectionery Market Forecast, By Region, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1. North America
9.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Europe
9.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Asia-Pacific
9.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Latin America
9.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
9.5. Middle East and Africa
9.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.5.3. Market Opportunity Analysis
9.6. Global Confectionery Market – Opportunity Analysis Index, By Product Type, Price Point, Age Group, Distribution Channel, and Region, 2022-2028
10. North America Confectionery Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
10.1. Product Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Caramels and Toffees
10.1.2. Chocolate
10.1.3. Fine Bakery Wares
10.1.4. Gums & Jellies
10.1.5. Hard-boiled Sweets
10.1.6. Medicated Confectionery
10.1.7. Mints
10.1.8. Others
10.2. Price Point Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Economy
10.2.2. Luxury
10.2.3. Mid-Range
10.3. Age Group Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Adult
10.3.2. Children
10.3.3. Geriatric
10.4. Distribution Channel Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.4.1. Convenience Stores
10.4.2. Duty-free Outlets
10.4.3. E-commerce
10.4.4. Food Services
10.4.5. Pharmaceutical & Drug Stores
10.4.6. Supermarket/Hypermarket
10.4.7. Others
10.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.5.1. USA
10.5.2. Canada
10.6. North America Confectionery Market – Opportunity Analysis Index, By Product Type, Price Point, Age Group, Distribution Channel, and Country, 2022-2028
10.7. North America Confectionery Market Dynamics – Trends
11. Europe Confectionery Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
11.1. Product Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Caramels and Toffees
11.1.2. Chocolate
11.1.3. Fine Bakery Wares
11.1.4. Gums & Jellies
11.1.5. Hard-boiled Sweets
11.1.6. Medicated Confectionery
11.1.7. Mints
11.1.8. Others
11.2. Price Point Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Economy
11.2.2. Luxury
11.2.3. Mid-Range
11.3. Age Group Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Adult
11.3.2. Children
11.3.3. Geriatric
11.4. Distribution Channel Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.4.1. Convenience Stores
11.4.2. Duty-free Outlets
11.4.3. E-commerce
11.4.4. Food Services
11.4.5. Pharmaceutical & Drug Stores
11.4.6. Supermarket/Hypermarket
11.4.7. Others
11.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.5.1. Germany
11.5.2. UK
11.5.3. France
11.5.4. Spain
11.5.5. Italy
11.5.6. Russia
11.5.7. Rest of Europe
11.6. Europe Confectionery Market – Opportunity Analysis Index, By Product Type, Price Point, Age Group, Distribution Channel, and Country, 2022-2028
11.7. Europe Confectionery Market Dynamics – Trends
12. Asia-Pacific Confectionery Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
12.1. Product Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Caramels and Toffees
12.1.2. Chocolate
12.1.3. Fine Bakery Wares
12.1.4. Gums & Jellies
12.1.5. Hard-boiled Sweets
12.1.6. Medicated Confectionery
12.1.7. Mints
12.1.8. Others
12.2. Price Point Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Economy
12.2.2. Luxury
12.2.3. Mid-Range
12.3. Age Group Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Adult
12.3.2. Children
12.3.3. Geriatric
12.4. Distribution Channel Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.4.1. Convenience Stores
12.4.2. Duty-free Outlets
12.4.3. E-commerce
12.4.4. Food Services
12.4.5. Pharmaceutical & Drug Stores
12.4.6. Supermarket/Hypermarket
12.4.7. Others
12.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.5.1. China
12.5.2. India
12.5.3. Japan
12.5.4. ASEAN
12.5.5. Australia & New Zealand
12.5.6. Rest of Asia-Pacific
12.6. Asia-Pacific Confectionery Market – Opportunity Analysis Index, By Product Type, Price Point, Age Group, Distribution Channel, and Country, 2022-2028
12.7. Asia-Pacific Confectionery Market Dynamics – Trends
13. Latin America Confectionery Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
13.1. Product Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Caramels and Toffees
13.1.2. Chocolate
13.1.3. Fine Bakery Wares
13.1.4. Gums & Jellies
13.1.5. Hard-boiled Sweets
13.1.6. Medicated Confectionery
13.1.7. Mints
13.1.8. Others
13.2. Price Point Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.2.1. Economy
13.2.2. Luxury
13.2.3. Mid-Range
13.3. Age Group Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Adult
13.3.2. Children
13.3.3. Geriatric
13.4. Distribution Channel Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.4.1. Convenience Stores
13.4.2. Duty-free Outlets
13.4.3. E-commerce
13.4.4. Food Services
13.4.5. Pharmaceutical & Drug Stores
13.4.6. Supermarket/Hypermarket
13.4.7. Others
13.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Rest of Latin America
13.6. Latin America Confectionery Market – Opportunity Analysis Index, By Product Type, Price Point, Age Group, Distribution Channel, and Country, 2022-2028
13.7. Latin America Confectionery Market Dynamics – Trends
14. Middle East and Africa Confectionery Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
14.1. Product Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.1. Caramels and Toffees
14.1.2. Chocolate
14.1.3. Fine Bakery Wares
14.1.4. Gums & Jellies
14.1.5. Hard-boiled Sweets
14.1.6. Medicated Confectionery
14.1.7. Mints
14.1.8. Others
14.2. Price Point Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.2.1. Economy
14.2.2. Luxury
14.2.3. Mid-Range
14.3. Age Group Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.3.1. Adult
14.3.2. Children
14.3.3. Geriatric
14.4. Distribution Channel Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.4.1. Convenience Stores
14.4.2. Duty-free Outlets
14.4.3. E-commerce
14.4.4. Food Services
14.4.5. Pharmaceutical & Drug Stores
14.4.6. Supermarket/Hypermarket
14.4.7. Others
14.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
14.5.1. Gulf Cooperation Council (GCC) Countries
14.5.2. South Africa
14.5.3. Rest of MEA
14.6. MEA Confectionery Market – Opportunity Analysis Index, By Product Type, Price Point, Age Group, Distribution Channel, and Country, 2022-2028
14.7. MEA Confectionery Market Dynamics – Trends
15. Competition Landscape 
15.1. Strategic Dashboard of Top Market Players
15.2. Company Profiles (Introduction, Financial Analysis, Key Offerings, Key Developments, Strategies, and SWOT Analysis)
15.2.1. Mars, Incorporated
15.2.2. Ferrero International S.A.
15.2.3. Nestle S.A.
15.2.4. Mondelēz International, Inc
15.2.5. Meiji Holdings Co., Ltd.
15.2.6. The Hershey Company
15.2.7. Chocoladefabriken Lindt & Sprungli AG
15.2.8. EZAKI GLICO CO.,LTD.
15.2.9. HARIBO GmbH & Co. KG
16. Research Methodology
17. Key Assumptions and Acronyms

Report

Company Profile

  • Mars, Incorporated
  • Ferrero International S.A.
  • Nestle S.A.
  • Mondelēz International, Inc
  • Meiji Holdings Co., Ltd.
  • The Hershey Company
  • Chocoladefabriken Lindt & Sprungli AG
  • EZAKI GLICO CO.,LTD.
  • HARIBO GmbH & Co. KG

Description

The confectionery market size is valued at USD 195.1 billion in 2021. It is expected to reach a value of USD 245.6 billion by 2028, growing at a CAGR of 3.9% during the forecast period from 2022 to 2028. The global market provides a detailed overview of the Confectionery market, and that has been segmented into product type, price point, age group, and distribution channel. By Product Type, the confectionery market has been segmented into Caramels and Toffees, Chocolate, Fine Bakery Wares, Gums & Jellies, Hard-boiled Sweets, and Medicated Confectionery, Mints, and Others. The Chocolate segment is likely to be the largest and fastest-growing segment in product type. Based on price point, the confectionery is segmented into Economy, Luxury, and Mid-Range. The Economy segment is expected to register the fastest growth rate during 2022-2028. Based on age group, the confectionery market is segmented into Adults, Children, and Geriatric. The Adult segment is the dominant segment in the forecast period. Based on the distribution channel, the confectionery market is segmented into Convenience Stores, Duty-free Outlets, E-commerce, Food Services, Pharmaceutical & Drug Stores, Supermarket/Hypermarket, and Others. According to precision business insights, supermarkets/Hypermarkets are predicted to hold the largest market share in the forecast period.

Key Development:

In 2020, Mondelez International Inc has patented a process that enables it to lower the sugar levels in its chocolate using soluble corn fiber; this has the potential to reduce the level of sugar in its products by up to 50% without compromising the flavor of the actual product.

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