- Caramel and Toffees
- Hard-Boiled Sweets
- Medicated Confectionery
- Gums and Jellies
- Mints
- Others
Sugar Confectionery Market size was valued at USD 50.2 billion in 2022 and is poised to grow at a CAGR of 4.7% from 2023 to 2029. Sweets are sugar confectionary that is consumed by people of all socioeconomic classes. Candies (also known as candy), candied nuts, chocolate, chewing gum, bubble gum, pastillage, and other sugar-based sweets are all examples of sugar confectionery. These companies offer a wide range of products, from individually wrapped sweets to sophisticated packaging for low-cost items. Expansion of sugar confectionery portfolio to retail market and innovation of newer products with different flavors are the primary factors upsurge the revenue of sugar confectionery market. Moreover, rise in disposable income, increase in the gifting trends, promotional activities and advertising campaigns by the market players, and rise in disposable income in emerging countries are expected to fuel the global market over the forecast years. However, rise in prevalence of diabetes and obesity, increase in the health awareness, and grow in inclination towards the dark chocolate may hinder the growth of market over the forecast period.
Sugar Confectionery Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
4.7%
Largest Market
North-America
Fastest Growing Market
Asia-Pacific
Sugar Confectionery Market Dynamics
Sugar confectioneries refer to the food items that are rich in the carbohydrates and sugars. Sugar confectioneries include candies, chocolates, candied nuts, pastillage, chewing gums, and other products made of sugar.
North-America Got Significant Share
Sugar Confectionery Market Regional Analysis
Geographically, global sugar confectionery market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America sugar confectionery market accounted for larger share, which is attributed to increase in the number of retail outlets, innovation of newer products, and high per capita income in the region. Europe sugar confectionery market growth is owing to change in lifestyle coupled with hectic work schedules, increase in the gifting trends, and expansion of business by the market players in the region. Asia Pacific sugar confectionery market has a lucrative growth due to increase in the population in China, India, and Japan, rise in disposable income, and increase in the number of supermarkets and hypermarkets are boost the market.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Sugar Confectionery Market Segmentation
By Product Type
By Distribution Channel
- Super markets & Hyper Markets
- Online Stores
- Departmental Stores
- Others
By Application
- Dietary Supplements,
- Food and Beverages,
- Animal Feed,
- Pharmaceuticals,
- Others
Frequently Asked Questions
The sugar confectionery market size was valued at USD 50.2 billion in 2022
The sugar confectionery market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
Asia Pacific is the fastest-growing for sugar confectionery market
| 1. Executive Summary |
| 2. Global Sugar Confectionery Market Introduction |
| 2.1.Global Sugar Confectionery Market - Taxonomy |
| 2.2.Global Sugar Confectionery Market - Definitions |
| 2.2.1.Product Type |
| 2.2.2.Distribution Channel |
| 2.2.3.Application |
| 2.2.4.Region |
| 3. Global Sugar Confectionery Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Global Sugar Confectionery Market Analysis, 2018 - 2022 and Forecast 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Sugar Confectionery Market By Product Type, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 5.1. Caramel and Toffees |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Hard-Boiled Sweets |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Medicated Confectionery |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Gums and Jellies |
| 5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Mints |
| 5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Others |
| 5.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 6. Global Sugar Confectionery Market By Distribution Channel, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 6.1. Super markets & Hyper Markets |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Online Stores |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Departmental Stores |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Others |
| 6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7. Global Sugar Confectionery Market By Application, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 7.1. Dietary Supplements, |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Food and Beverages, |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Animal Feed, |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Pharmaceuticals, |
| 7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Others |
| 7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8. Global Sugar Confectionery Market By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9. North America Sugar Confectionery Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 9.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Caramel and Toffees |
| 9.1.2.Hard-Boiled Sweets |
| 9.1.3.Medicated Confectionery |
| 9.1.4.Gums and Jellies |
| 9.1.5.Mints |
| 9.1.6.Others |
| 9.2. Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Super markets & Hyper Markets |
| 9.2.2.Online Stores |
| 9.2.3.Departmental Stores |
| 9.2.4.Others |
| 9.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Dietary Supplements, |
| 9.3.2.Food and Beverages, |
| 9.3.3.Animal Feed, |
| 9.3.4.Pharmaceuticals, |
| 9.3.5.Others |
| 9.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10. Europe Sugar Confectionery Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Caramel and Toffees |
| 10.1.2.Hard-Boiled Sweets |
| 10.1.3.Medicated Confectionery |
| 10.1.4.Gums and Jellies |
| 10.1.5.Mints |
| 10.1.6.Others |
| 10.2. Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Super markets & Hyper Markets |
| 10.2.2.Online Stores |
| 10.2.3.Departmental Stores |
| 10.2.4.Others |
| 10.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Dietary Supplements, |
| 10.3.2.Food and Beverages, |
| 10.3.3.Animal Feed, |
| 10.3.4.Pharmaceuticals, |
| 10.3.5.Others |
| 10.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 11. Asia Pacific (APAC) Sugar Confectionery Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Caramel and Toffees |
| 11.1.2.Hard-Boiled Sweets |
| 11.1.3.Medicated Confectionery |
| 11.1.4.Gums and Jellies |
| 11.1.5.Mints |
| 11.1.6.Others |
| 11.2. Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Super markets & Hyper Markets |
| 11.2.2.Online Stores |
| 11.2.3.Departmental Stores |
| 11.2.4.Others |
| 11.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Dietary Supplements, |
| 11.3.2.Food and Beverages, |
| 11.3.3.Animal Feed, |
| 11.3.4.Pharmaceuticals, |
| 11.3.5.Others |
| 11.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12. Middle East and Africa (MEA) Sugar Confectionery Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Caramel and Toffees |
| 12.1.2.Hard-Boiled Sweets |
| 12.1.3.Medicated Confectionery |
| 12.1.4.Gums and Jellies |
| 12.1.5.Mints |
| 12.1.6.Others |
| 12.2. Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Super markets & Hyper Markets |
| 12.2.2.Online Stores |
| 12.2.3.Departmental Stores |
| 12.2.4.Others |
| 12.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Dietary Supplements, |
| 12.3.2.Food and Beverages, |
| 12.3.3.Animal Feed, |
| 12.3.4.Pharmaceuticals, |
| 12.3.5.Others |
| 12.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13. Latin America Sugar Confectionery Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Caramel and Toffees |
| 13.1.2.Hard-Boiled Sweets |
| 13.1.3.Medicated Confectionery |
| 13.1.4.Gums and Jellies |
| 13.1.5.Mints |
| 13.1.6.Others |
| 13.2. Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Super markets & Hyper Markets |
| 13.2.2.Online Stores |
| 13.2.3.Departmental Stores |
| 13.2.4.Others |
| 13.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Dietary Supplements, |
| 13.3.2.Food and Beverages, |
| 13.3.3.Animal Feed, |
| 13.3.4.Pharmaceuticals, |
| 13.3.5.Others |
| 13.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Cadbury PLC. (U.K) |
| 14.2.2.The Hershey Company (U.S.) |
| 14.2.3.HARIBO Dunhills (Pontefract) PLC (U.K) |
| 14.2.4.Ferrero SpA. (Italy) |
| 14.2.5.Lotte Confectionery Co Ltd (South Korea) |
| 14.2.6.Perfetti Van Melle S.P.A. (Italy) |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
- Cadbury PLC. (U.K)
- The Hershey Company (U.S.)
- HARIBO Dunhills (Pontefract) PLC (U.K)
- Ferrero SpA. (Italy)
- Lotte Confectionery Co Ltd (South Korea)
- Perfetti Van Melle S.P.A. (Italy)
- Nestl SA (Switzerland)
- Kraft Foods Inc. (U.S.)
- WM Wrigley JR Company (U.S.)
- Lindt & Sprungli (Switzerland)