Asia Pacific Confectionery Market- By Category ; By Distribution Channel (Supermarkets/Hypermarkets, Convenience stores, Specialty food stores, Online Retail) - Forecast (2024 - 2030)

Report Code: CPR 0060 Report Format: PDF + Excel
Asia Pacific Confectionery Market Size is forecast to reach $ 43,700 Million by 2030, at a CAGR of 3.90% during forecast period 2024-2030.The confectionery market produces a range of food products that are rich in sugar content such as chocolates, candies, gums, lollies and so on. Broader classification of confectionery market can be broken into sugar, gums and chocolates. Overall confectionery market has experienced significant evolution owing to the dynamic consumer demands, socio economic changes, and cultural influences. Consumer’s tastes and their inclination towards chocolates and sweets is a never ending reason behind the growth of the confectionery market worldwide. Dark chocolates are known for controlling cardiac diseases and cholesterol owing to its richness in antioxidants and high coca content which boosts the market for chocolates confectionery.
 
Asia Pacific consumers are getting health conscious day by day which has resulted in the demand for low calorie and sugar-free food products. Asians have diversified tastes and preferences and are fond of experimenting with new flavors. Manufacturers are constantly innovating and widening their product portfolios to meet the dynamic consumer demands
 
The report analyzes the market based on category namely: Sugar Confectionery, Gum Confectionery and Chocolate Confectionery. Chocolates hold a vital place in confectionery market. The report provides detailed analysis on distribution landscape and potential of various distribution channels such as Supermarkets/Hypermarkets, Convenience stores, specialty food stores, online retail and others. Country specific trends and market dynamics are also covered in the report.
 
Sample Companies Profiled in this Report are:
  • Cadbury Plc
  • Hershey Corp
  • Mars Inc.
  • Nestle SA
  • 30+.

Key Market Players:

The Top 5 companies in Asia Pacific Confectionery Market  are:

  1. Mondelez International
  2. Nestlé
  3. Mars International
  4. The Hershey Company
  5. LOTTE
1. Asia Pacific Confectionery Market: Macroeconomic Snapshot
2. Asia Pacific Confectionery Market: Market Overview
   2.1. Scope of the Study
   2.2. Definitions
3. Executive Summary
4. Asia Pacific Confectionery Market: Market Landscape
   4.1. Market Share Analysis
      4.1.1. India
            4.1.1.1. Cadbury’s dominates chocolates segment with 50% value share
      4.1.2. China
            4.1.2.1. Market is led by Mars with 20% market share owing to high brand recognition of ‘Wrigley’
      4.1.3. Japan
      4.1.4. Australia
            4.1.4.1. Sugar segment is led by Nestle owing to product diversification
      4.1.5. Indonesia
      4.1.6. Malaysia
      4.1.7. New Zealand
      4.1.8. Rest of APACs
   4.2. Competitive Developments
      4.2.1. Small pack size and low-cost is the most preferred strategy in Asia-Pacific
   4.3. Consumer Insights
      4.3.1. Chocolates continues to be the most preferred category
      4.3.2. Emerging trend confectionery gifts has superseded traditional sweets owing to longer shelf life
5. Asia Pacific Confectionery Market: By Category
   5.1. Sugar Confectionery
      5.1.1. Mints
      5.1.2. Boiled Sweets
      5.1.3. Lollipops
      5.1.4. Toffees, Caramels and Nougats
      5.1.5. Others
   5.2. Gum Confectionery
      5.2.1. Chewing Gum
      5.2.2. Bubble Gum
   5.3. Chocolate Confectionery
      5.3.1. By Type
            5.3.1.1. Countlines
            5.3.1.2. Tablets
            5.3.1.3. Boxed Assortments
            5.3.1.4. Bagged Selflines/Softlines
            5.3.1.5. Others
      5.3.2. By Composition
            5.3.2.1. Milk Chocolate
            5.3.2.2. Dark chocolate
            5.3.2.3. White Chocolate
6. Asia Pacific Confectionery Market: By Distribution Channel
   6.1. Supermarkets/Hypermarkets
   6.2. Convenience Stores
   6.3. Specialty Food Stores
   6.4. Online Retail
   6.5. Others
7. Asia Pacific Confectionery Market: By Country
   7.1. India
      7.1.1. 62% increase in volume consumption of gums whereas chocolates increase by 42% by 2020
   7.2. China
      7.2.1. Sugar confectionery dominates retail value growth
   7.3. Japan
      7.3.1. Increased awareness about health benefits of chocolates leads to higher sales
      7.3.2. Mints gaining popularity over gums among young consumers
   7.4. Australia
      7.4.1. Wrigley cartelizes gums segment with over 90% value share
   7.5. Indonesia
   7.6. Malaysia
   7.7. New Zealand
   7.8. Rest of APAC
8. Asia Pacific Confectionery Market: Company Profiles
   8.1. Kraft Foods Inc.
   8.2. Hershey Co.
   8.3. Mars Inc.
   8.4. Mondelez International
   8.5. Ferrero Group
   8.6. Cadbury Plc
   8.7. Lotte Group
   8.8. Nestle SA
   8.9. Perfetti Van Melle
   8.10. Meiji Co. Ltd
*More than 30 Companies are profiled in this Research Report, Complete List available on Request*
"*Financials would be provided on a best efforts basis for private companies"
9. Appendix
   9.1. Abbreviations
   9.2. Sources
   9.3. Research Methodology
   9.4. Disclaimer