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