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Market Research Report
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1039628

Asia Pacific Sugar Confectionery Market Outlook, 2026

Published: | Bonafide Research & Marketing Pvt. Ltd. | 80 Pages | Delivery time: 1-2 business days

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Asia Pacific Sugar Confectionery Market Outlook, 2026
Published: October 9, 2021
Bonafide Research & Marketing Pvt. Ltd.
Content info: 80 Pages
Delivery time: 1-2 business days
  • Description
  • Table of Contents
  • List of Tables

The report titled 'Asia Pacific Sugar Confectionery Market Outlook, 2026' published by identifies and discusses recent developments in sugar confectioneries across the region of Asia Pacific. This report not only serves with the facts, figures, and forecasts but also has a detailed study about the Covid effect on the industry. As the name suggests, this sweet-tasting is loved by all age groups across the globe. The market has been in growth at a steady pace on account of the high demand from middle-class consumers. This market is divided into different product types of Hard Boiled Sweets, Plain Mints, Caramel/ Toffee, Chewy, Novelty, Licorice, Sugar-free, and Others; Children, Adult & Geriatric, in terms of age group, based on sales channel: Supermarket/Hypermarket, Convenience Stores, Pharmaceutical & Drug Stores, E-commerce & Others, and by region & country.

The sugar confectionery market in the Asia Pacific region has witnessed considerably potential growth aided by urbanization and the rise in disposable income. The market in the year 2015 was at USD 11.58 Billion. The major hamper in the region is a high preference for traditional sweets. However, with the lifestyle change, people are now demanding a ready-made alternative, which also includes sugar confectionery. The sugar confectionery hampers are ideal gifting options for last-minute purchasers. This is to allow the market to grow with an anticipated CAGR of 4.24% through the period of 2021-2026.

The chewy confectionery segment leads the sugar confectionery market in the region, with a market value of USD 5.31 Billion by the end of 2020. The market is highly competitive, majorly with the presence of a high number of local confectionery manufacturers. Nevertheless, the improved lifestyle that has allowed people to spend more, has been profitable for the international brands to capture a considerable market. In order to establish their dominance, many brands are now focusing on embedding the flavors of traditional sweets, within the confectioneries. Unlike the global trend, the licorice segment is expected to be the fastest-growing segment, with an anticipated CAGR of 5.62%.

The region's focus towards the confections enriched with vitamins has inclined and is also focusing on producing sugar-free or low sugar versions of the products. This indirectly aided the segment of the geriatric age group to gain more popularity and thus reach a value of USD 2.05 Billion by the end of the forecasted period. Even though the geriatric population contributes the lowest, this segment accounted considerably high in Japan than other markets.

In the region, the growth is recorded at a steady pace, which is backed by the inclining demand from the middle-income group consumers. In terms of sales channel, the supermarket/hypermarket and convenience stores follow each other with a close market share difference. Together, these segments are to account for a share of a bit higher than 65% in the year 2026. Apart from these, the introduction of new products lines, innovation in flavors extracted from healthy ingredients and the investments in the retail place displays are to be the major driving factors in the market growth.

The Asia Pacific sugar confectionery market is dominated by China, which held nearly half of the market share in the region. This is major with backed by the rise in disposable income and the increase in the population. The key local players are keen to interest in investing in offline advertising campaigns and also are working hard on enhancing their online brand recognition. The overall regional market is hampered by the rise in the instance of diabetes.

The leading companies are focusing on improvising their global position by enhancing their product line and through mergers & acquisitions. Understanding the changes in lifestyles, companies are now innovating and introducing new products to cater to the customers' growing needs.

Companies Mentioned:

Mars Wrigley Confectionery, div. of Mars Inc., Ferrero Group, Haribo GmbH & Co. K.G., Perfetti Van Melle, Meiji Co. Ltd., Nestle SA, Hershey Co., Lotte Confectionery Co., Ltd., Mondelez International, Lindt & Sprungli AG

CONSIDERED IN THE REPORT

  • Geography: Asia Pacific
  • Base year: 2020
  • Historical year: 2015
  • Forecasted year: 2026

REGIONS COVERED:

  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea

ASPECTS COVERED IN THE REPORT

  • Global Market Size By Value for the time period (2015-2026F)
  • Asia Pacific Market Size By Value for the time period (2015-2026F)
  • Country Wise Market Size By Value for the time period (2015-2026F)
  • Market Share by Product Type (Hard-Boiled Sweets, Plain Mints, Caramel/ Toffee, Chewy, Novelty, Licorice, Sugar-free, Others) By Value
  • Market Share by Age Group (Children(1-20 Age), Adult (20-55) & Geriatric(55 and above)) By Value
  • Market Share by Sales Channel (Supermarket/Hypermarket, Convenience Stores, Pharmaceutical & Drug Stores, E-commerce & Others) By Value

This report would help you answer the following questions:

  • 1. What is the market size and forecast of the Sugar Confectionery Market?
  • 2. What are the inhibiting factors and impact of COVID-19 shaping the Sugar Confectionery Market during the forecast period?
  • 3. Which region outstands in the Sugar Confectionery Market?
  • 4. Which are the segments to invest in over the forecast period in the Sugar Confectionery Market?
  • 5. What is the competitive strategic window for opportunities in the Sugar Confectionery Market?
  • 6. What are the technology trends and regulatory frameworks in the Sugar Confectionery Market?
  • 7. What are the major companies in the Sugar Confectionery Market?
Product Code: 211029854

Table of Contents

Table Of Content

1. Executive Summary

2. Report Methodology

3. Market Structure

  • 3.1. Market Considerate
  • 3.2. Market Definition

4. Global Sugar Confectionery Market Outlook

  • 4.1. Market Size By Value
  • 4.2. Market Share
    • 4.2.1. By Type
    • 4.2.2. By Age Group
    • 4.2.3. By Sales Channel
    • 4.2.4. By Region
    • 4.2.5. By Country
    • 4.2.6. By Company

5. Asia Pacific Sugar Confectionery Market Outlook

  • 5.1. Market Size By Value
  • 5.2. Market Share
    • 5.2.1. By Type
    • 5.2.2. By Age Group
    • 5.2.3. By Sales Channel
    • 5.2.4. By Country
  • 5.3. China Sugar Confectionery Market Outlook
    • 5.3.1. Market Size By Value
    • 5.3.2. Market Share
      • 5.3.2.1. By Type
      • 5.3.2.2. By Age Group
      • 5.3.2.3. By Sales Channel
  • 5.4. Japan Sugar Confectionery Market Outlook
    • 5.4.1. Market Size By Value
    • 5.4.2. Market Share
      • 5.4.2.1. By Type
      • 5.4.2.2. By Age Group
      • 5.4.2.3. By Sales Channel
  • 5.5. India Sugar Confectionery Market Outlook
    • 5.5.1. Market Size By Value
    • 5.5.2. Market Share
      • 5.5.2.1. By Type
      • 5.5.2.2. By Age Group
      • 5.5.2.3. By Sales Channel
  • 5.6. Australia Sugar Confectionery Market Outlook
    • 5.6.1. Market Size By Value
    • 5.6.2. Market Share
      • 5.6.2.1. By Type
      • 5.6.2.2. By Age Group
      • 5.6.2.3. By Sales Channel
  • 5.7. South Korea Sugar Confectionery Market Outlook
    • 5.7.1. Market Size By Value
    • 5.7.2. Market Share
      • 5.7.2.1. By Type
      • 5.7.2.2. By Age Group
      • 5.7.2.3. By Sales Channel

6. Market Dynamics

  • 6.1. Key Drivers
  • 6.2. Key Challenges

7. Market Trends and Developments

8. Porter's Five Forces

9. Company Profiles

  • 9.1. Ferrero Group
  • 9.2. Haribo GmbH & Co. K.G.
  • 9.3. Lindt & Sprungli AG
  • 9.4. Lotte Confectionery
  • 9.5. Mars Wrignery
  • 9.6. Meiji Holdings Co. Ltd
  • 9.7. Mondel?z International
  • 9.8. Nestle S.A
  • 9.9. Perfetti Van Melle
  • 9.10. The Hershey Company

10. Strategic Recommendations

11. Disclaimer

List of Figures

  • Figure 1: Global Sugar Confectionery Market Size - By Value 2015 to 2026F (In USD Billion)
  • Figure 2: Global Sugar Confectionery Market Share By Age Group (2015, 2020 & 2026F)
  • Figure 3: Asia Pacific Sugar Confectionery Market Size - By Value 2015 to 2026F (In USD Billion)
  • Figure 4: Asia Pacific Sugar Confectionery Market Share By Age Group (2015, 2020 & 2026F)
  • Figure 5: China Sugar Confectionery Market Size - By Value 2015 to 2026F (In USD Billion)
  • Figure 6: China Sugar Confectionery Market Share By Age Group (2015, 2020 & 2026F)
  • Figure 7: Japan Sugar Confectionery Market Size - By Value 2015 to 2026F (In USD Billion)
  • Figure 8: Japan Sugar Confectionery Market Share By Age Group (2015, 2020 & 2026F)
  • Figure 9: India Sugar Confectionery Market Size - By Value 2015 to 2026F (In USD Billion)
  • Figure 10: India Sugar Confectionery Market Share By Age Group (2015, 2020 & 2026F)
  • Figure 11: Australia Sugar Confectionery Market Size - By Value 2015 to 2026F (In USD Billion)
  • Figure 12: Australia Sugar Confectionery Market Share By Age Group (2015, 2020 & 2026F)
  • Figure 13: South Korea Sugar Confectionery Market Size - By Value 2015 to 2026F (In USD Billion)
  • Figure 14: South Korea Sugar Confectionery Market Share By Age Group (2015, 2020 & 2026F)
  • Figure 15: Porter's Five Force Model for Electric Bicycle Industry

List of Tables

  • Table 1: Global Sugar Confectionery Market Share By Product Type (2015- 2020)
  • Table 2: Global Sugar Confectionery Market Share By Product Type (2021F-2026F)
  • Table 3: Global Sugar Confectionery Market Share By Sales Channel (2015, 2020 & 2026F)
  • Table 4: Global Sugar Confectionery Market Share By Region (2015, 2020 & 2026F)
  • Table 5: Global Confectionery Market Share By Country (2015, 2020 & 2026F)
  • Table 6: Global Sugar Confectionery Market Share By Company (2020)
  • Table 7: Asia Pacific Sugar Confectionery Market Share By Product Type (2015- 2020)
  • Table 8: Asia Pacific Sugar Confectionery Market Share By Product Type (2021F-2026F)
  • Table 9: Asia Pacific Sugar Confectionery Market Share By Sales Channel (2015, 2020 & 2026F)
  • Table 10: Asia Pacific Sugar Confectionery Market Share By Country (2015, 2020 & 2026F)
  • Table 11: China Sugar Confectionery Market Share By Product Type (2015- 2020)
  • Table 12: China Sugar Confectionery Market Share By Product Type (2021F-2026F)
  • Table 13: China Sugar Confectionery Market Share By Sales Channel (2015, 2020 & 2026F)
  • Table 14: Japan Sugar Confectionery Market Share By Product Type (2015- 2020)
  • Table 15: Japan Sugar Confectionery Market Share By Product Type (2021F-2026F)
  • Table 16: Japan Sugar Confectionery Market Share By Sales Channel (2015, 2020 & 2026F)
  • Table 17: India Sugar Confectionery Market Share By Product Type (2015- 2020)
  • Table 18: India Sugar Confectionery Market Share By Product Type (2021F-2026F)
  • Table 19: India Sugar Confectionery Market Share By Sales Channel (2015, 2020 & 2026F)
  • Table 20: Australia Sugar Confectionery Market Share By Product Type (2015- 2020)
  • Table 21: Australia Sugar Confectionery Market Share By Product Type (2021F-2026F)
  • Table 22: Australia Sugar Confectionery Market Share By Sales Channel (2015, 2020 & 2026F)
  • Table 23: South Korea Sugar Confectionery Market Share By Product Type (2015- 2020)
  • Table 24: South Korea Sugar Confectionery Market Share By Product Type (2021F-2026F)
  • Table 25: South Korea Sugar Confectionery Market Share By Sales Channel (2015, 2020 & 2026F)
  • Table 26: Key Facts of Ferrero Group
  • Table 27: Key Facts of Haribo GmbH & Co. K.G.
  • Table 28: Key Facts of Lindt & Sprungli AG
  • Table 29: Key Facts of Lotte Confectionery
  • Table 30: Key Facts of Mars Wrignery
  • Table 31: Key Facts of Meiji Holdings Co. Ltd
  • Table 32: Key Facts of Mondel?z International
  • Table 33: Key Facts of Nestle S.A
  • Table 34: Key Facts of Perfetti Van Melle
  • Table 35: Key Facts of The Hershey Company