Global Candy Market was valued US$ 217.5 Bn in 2020 and is expected to grow US$ 284.29 Bn by 2027, at a CAGR of 3.9% during the forecast period.
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Candy Market Overview:
The market research study analyses and assesses the market’s position during the forecast period. It is a comprehensive examination that focuses on primary and secondary drivers, market share, leading segments, and geographical analysis.
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Candy Market Scope:
Using both primary and secondary research approaches, we researched Candy Market Market from every viewpoint. This helped us gain a better understanding of current market dynamics such as supply-demand imbalances, pricing trends, product preferences, customer habits, and so on. The data is then compiled and analysed using a range of market estimation and data validation techniques. Furthermore, we have an in-house data forecasting engine that forecasts market growth through 2027.
Candy Market Segmentation:
By product type, chocolate candies contain chocolate as well as cocoa products. The non-chocolate candy market is further separated into hard-boiled candies, pastilles, gums, jellies & chews, toffees, caramels & nougat, mints, and others. The non-chocolate candy market registers the largest growth rate, because of varying consumer inclinations.
Region-wise, North America is expected to hold the largest market share of the global candy market by 2027, because of the existence of key players in countries in the North America region together with the occurrence of the main consumer base for candies. The US only creates a demand of over 7.8 billion pounds annually. The Asia Pacific is likely to witness the fastest growth in terms of revenue, on account of fluctuations in eating ways and fluctuating way of life in countries in the region, like China and India.
Key Players:
The report also focuses on the global main industry players in the Candy Market Market, including company biographies, product images and specs, capacity, production, price, cost, revenue, and contact information. The study examines prominent Candy Market market businesses and ranks them in the market. The following players are featured in this report:
• Nestlé
• Meiji Holdings Co., Ltd.
• General Mills Inc.
• Mondelēz International
• Kellogg NA Co
• Mars, Incorporated
• pladis global
• LOTTE CONFECTIONARY CO.LTD.
• August Storck
• Perfetti Van Melle
• HARIBO of America, Inc.
• Arcor
• Ferrero
• Cloetta
• Sweet Candy Company.
• THE BANG CANDY COMPANY
• Quality Candy Company
• Muskoka Candy Company
• The Ferrero Group.
• palmer-candy
• SUGARFINA INC.
• Jelly Belly Candy Company
Regional Analysis:
The Candy Market market in each area is further segmented into regions and segments. The study examines and anticipates several nations, as well as current trends and opportunities in the area.
COVID-19 Impact Analysis on Candy Market :
The primary goal of the research is to provide enterprises in the industry with a strategic analysis of the impact of COVID-19. Simultaneously, this research investigated the marketplaces of significant nations and presented their market potential.
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Key Questions Answered in the Candy Market Report are:
- What are some of the promising growth opportunities in the global Candy market by product type and Region?
- Which Candy Market segments will grow the fastest, and why?
- Which regions will develop more quicker?
- What are the elements influencing Candy Market?
- What are the Candy Market business risks?
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Maximize Market Research provides syndicate as well as custom-made business and market B2B and B2C research on 6,500 high-growth emerging technologies and opportunities as well as threats to the companies across the Chemical, Healthcare, Pharmaceuticals, Electronics and Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. Maximize Market Research is positioned to estimate and forecast the market size with the competitive landscape of the industries. Additional information is available at https://www.maximizemarketresearch.com/.
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