Candy Market was valued US$ 225.98 Bn in 2021 and is expected to grow US$ 306.90 Bn by 2029, at a CAGR of 3.9% during the forecast period.
Market Overview
The report on Candy market published by the renowned business consulting firm Maximise Market Research indicates the substantial growth in the Candy market is expected in forecast period by 2022-2029. The key market drivers are driving the markets growth and in depth analysis of it is provided in the report. It emphasizes how competitive global economy and gives description of the key competitors and recent most successful strategies that were used by the competitors.
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Market Scope
The report of MMR provides the in-depth analysis of the market segmentation and the Candy markets key competitors analysis which gives a competitive landscape. A noteworthy analysis of the Candy market sectors and opportunities is included in the MMR’s report. The report provides the current market trends in terms of demand and supply chain, sales and recent changes in market. The primary and secondary data is analysed to understand the Candy market behaviour. The primary data consists of the personal interviews of industry experts and professionals, lower market level study, telephonic surveys and in secondary date the annual reports, government reports, financial reports, data bases of organisations, industry journals, white papers, releases of product manufacturers and suppliers in the industry along with the paid databases. Different methodologies are used to understand the strengths and weakness of the Candy market.
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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.
Key Players:
• THE HERSHEY COMPANY
• Nestlé
• Meiji Holdings Co., Ltd.
• General Mills Inc.
• Mondel?z 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 region had highest market share of the Candy market in 2021 and is also expected to keep the dominance in the market. The research for the report is done globally on specific regions to understand the regional Candy market thoroughly what are its restrictions and developments and opportunities. Government subsidiaries or initiatives also boosts the regional market growth and it is also studied in the MMR’s report. The region wise survey is done in a wide range of high end regional investigations to understand the regional Candy market.
Key Questions answered in the Candy Market Report are:
Key offerings:
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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Mar 15, 2023