Global Confectionery Market Research Report Information by Product Type, by Distribution Channel, and by Region Forecast till 2034

Description

List of Tables

Global Confectionery Market Research Report Information by Product Type (Chocolate Confectionery, Sugar Confectionery, Bakers Confectionery), by Distribution Channel (Offline, Online), and by Region (North America, Europe, Asia Pacific, South America, Middle East and Africa) Forecast till 2034

Industry Overview

The global confectionery market is expected to attain a value of USD 556.05 billion, growing steadily at a 6.32% CAGR during the forecast period. Confectionery is the category of sweet treats such as candies, chocolates, caramels, and sugar-based products. It is often enjoyed as snacks, desserts, or festive indulgences across cultures.

The main factors driving the expansion of the global confectionery market from the point of view of customers are the rise of the snacking culture and the increasing consumer preference for premium products. As youngsters get increasingly used to consuming sweet things while on the move, the requirement for chocolates, candies, and gourmet creations continues to grow. Premiumization of the market, which is visible in the form of artisanal and quality goods, is leading to a strengthening of value, mainly in the regions where the middle-class population is growing.

Major Company Development

One of the ways The Hershey Company showed that it is keen on innovation and willing to have more interactions with consumers was by creating some big changes that got the attention of many in 2024. One of the activities The Hershey Company undertook was the launch of the KIT KAT brand of a summer-exclusive Pink Lemonade Bar in May, aiming at refreshing flavors for seasonal demand. In addition to this, Hershey announced in November the first seasonal shape of the KIT KAT Santas brand, along with a collaboration between Kit Kat, Jolly Rancher, and Nintendo, producing special-edition products featuring Super Mario Bros characters.

Key Players

Major players in the global confectionery market include Mondelez International, Inc., Nestle, Ferrero Group, Mars, HARIBO GmbH & Co., Lotte, Meiji Holdings Co., Ltd., The Hershey Company, Perfetti Van Melle, and Chocoladefabriken Lindt & Sprungli AG.

Report Attribute Details

Market Size 2024: USD 279.68 Billion
Market Size 2034: USD 556.05 Billion
CAGR (2025-2034): 6.32%
Base Year: 2024
Market Forecast Period: 2025-2034

Industry Segmentations

By Product Type: Chocolate Confectionery - 5.96%, Sugar Confectionery - 7.30%.
By Distribution Channel: Offline - 5.95%, Online - 7.14%.

Regional Analysis

North America commands a major share of the global confectionery industry. The United States is the leader that has most advanced distribution networks and a large consumer base, which is always supported well by seasonal and promotional activities. With the U.S. valued at USD 75.72 billion and Canada at USD 9.03 billion in 2024, North America continues to dominate global confectionery consumption.

Europe is one of the most diverse and tradition-rich confectionery markets globally. Sustainability and ethically sourced products are now the central themes in consumer choice, particularly in Western Europe. Germany, France, and the UK lead Europe's confectionery sector, posting revenues of USD 18.89 million, USD 11.96 million, and USD 13.49 million.

The Asia-Pacific confectionery market is the most rapidly growing region globally, spanning the world. The rise of people living in cities, their lifestyle changes, and other related things in countries like China, India, and Japan has led to a big change in consumer habits.

South America, the Middle East, and Africa together form a vibrant segment of the confectionery industry. South America is led by Brazil's deeply embedded sweet culture, complemented by growing interest in premium and artisanal offerings. In the Middle East, luxury and premium chocolates thrive, especially among affluent consumers in GCC countries. Expanding retail networks and digital access are enabling brands to cater to a broad and diverse consumer base.

Product Code: MRFR/F-B & N/14568-CR

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1 GLOBAL CONFECTIONERY MARKET, BY PRODUCT TYPE
- 1.1.2 GLOBAL CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL
- 1.1.3 GLOBAL CONFECTIONERY MARKET, BY REGION

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 OVERVIEW
3.2 DATA FLOW
- 3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
- 3.4.1 SECONDARY RESEARCH DATA FLOW:
3.5 PRIMARY RESEARCH:
- 3.5.1 PRIMARY RESEARCH DATA FLOW:
- 3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
- 3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 REVENUE ANALYSIS APPROACH
3.7 DATA FORECASTING
- 3.7.1 DATA FORECASTING TYPE
3.8 DATA MODELING
- 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2 DATA MODELING:
3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 CONSUMERS SNACKING AND PREMIUMIZATION
- 4.2.2 GROWING INVESTMENT AND FUNDING
- 4.2.3 PRODUCT LAUNCH AND INNOVATION IN PRODUCT DEVELOPMENT
4.3 RESTRAINTS
- 4.3.1 VOLUNTARY PRODUCT RECALLS BY MARKET PLAYERS
- 4.3.2 RISING RAW MATERIAL COSTS
- 4.3.3 CHANGING CONSUMER PREFERENCES
4.4 OPPORTUNITY
- 4.4.1 RISING POPULARITY OF VEGAN AND LOW SUGAR SUBSTITUTES
- 4.4.2 E-COMMERCE EXPANSION
- 4.4.3 DIGITAL AND SOCIAL MEDIA ENGAGEMENT
- 4.4.4 SUSTAINABILITY TRENDS
4.5 COVID-19 IMPACT ON GLOBAL CONFECTIONERY MARKET

5 MARKET FACTOR ANALYSIS

5.1 VALUE CHAIN ANALYSIS
- 5.1.1 RAW MATERIAL SUPPLIER
- 5.1.2 MANUFACTURING/PRODUCTION/PROCESSING
- 5.1.3 PACKAGING
5.2 SUPPLY CHAIN ANALYSIS
- 5.2.1 PARTICIPANTS (AT DIFFERENT NODES)
  - 5.2.1.1 RAW MATERIALS AND SUPPLIERS
  - 5.2.1.2 MANUFACTURER
  - 5.2.1.3 DISTRIBUTION CHANNELS
  - 5.2.1.4 END USER
- 5.2.2 INTEGRATION LEVELS
- 5.2.3 KEY ISSUES ADDRESSED (KEY SUCCESS FACTORS)
5.3 PORTER'S FIVE FORCES MODEL
- 5.3.1 THREAT OF NEW ENTRANTS
- 5.3.2 BARGAINING POWER OF SUPPLIERS
- 5.3.3 THREAT OF SUBSTITUTES
- 5.3.4 BARGAINING POWER OF BUYERS
- 5.3.5 INTENSITY OF RIVALRY
5.4 PACKAGING INNOVATIONS IN CONFECTIONERY

6 GLOBAL CONFECTIONERY MARKET, BY PRODUCT TYPE

6.1 INTRODUCTION
6.2 CHOCOLATE CONFECTIONERY
6.3 SUGAR CONFECTIONERY
6.4 BAKERS CONFECTIONERY

7 GLOBAL CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL

7.1 INTRODUCTION
7.2 OFFLINE
7.3 ONLINE

8 GLOBAL CONFECTIONERY, MARKET BY REGION

8.1 OVERVIEW
8.2 NORTH AMERICA
- 8.2.1 US
- 8.2.2 CANADA
- 8.2.3 MEXICO
8.3 EUROPE
- 8.3.1 GERMANY
- 8.3.2 UK
- 8.3.3 ITALY
- 8.3.4 SPAIN
- 8.3.5 FRANCE
- 8.3.6 POLAND
- 8.3.7 RUSSIA
- 8.3.8 FINLAND
- 8.3.9 REST OF EUROPE
8.4 ASIA-PACIFIC
- 8.4.1 CHINA
- 8.4.2 JAPAN
- 8.4.3 INDIA
- 8.4.4 SOUTH KOREA
- 8.4.5 AUSTRALIA & NEW ZEALAND
- 8.4.6 MALAYSIA
- 8.4.7 VIETNAM
- 8.4.8 REST OF ASIA-PACIFIC
8.5 SOUTH AMERICA
- 8.5.1 BRAZIL
- 8.5.2 ARGENTINA
- 8.5.3 REST OF SOUTH AMERICA
8.6 MIDDLE EAST & AFRICA
- 8.6.1 GCC COUNTRIES
- 8.6.2 SOUTH AFRICA
- 8.6.3 REST OF MIDDLE EAST & AFRICA

9 COMPETITIVE LANDSCAPE

9.1 INTRODUCTION
9.2 MARKET SHARE ANALYSIS, 2024
9.3 COMPETITOR DASHBOARD
9.4 PUBLIC PLAYERS STOCK SUMMARY
9.5 COMPARATIVE ANALYSIS: KEY PLAYERS FINANICAL
9.6 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 9.6.1 PRODUCT LAUNCH
- 9.6.2 PARTNERSHIP/MERGER
- 9.6.3 SUSTAINABLE PACKAGING SOLUTIONS ADVANCEMENT
- 9.6.4 FACILITY LAUNCH/EXPANSION

10 COMPANY PROFILES

10.1 MONDELEZ INTERNATIONAL, INC.
- 10.1.1 COMPANY OVERVIEW
- 10.1.2 FINANCIAL OVERVIEW
- 10.1.3 PRODUCTS OFFERED
- 10.1.4 KEY DEVELOPMENTS
- 10.1.5 SWOT ANALYSIS
- 10.1.6 KEY STRATEGIES
10.2 NESTLE
- 10.2.1 COMPANY OVERVIEW
- 10.2.2 FINANCIAL OVERVIEW
- 10.2.3 PRODUCTS OFFERED
- 10.2.4 KEY DEVELOPMENTS
- 10.2.5 SWOT ANALYSIS
- 10.2.6 KEY STRATEGIES
10.3 FERRERO GROUP
- 10.3.1 COMPANY OVERVIEW
- 10.3.2 FINANCIAL OVERVIEW
- 10.3.3 PRODUCTS OFFERED
- 10.3.4 KEY DEVELOPMENTS
- 10.3.5 KEY STRATEGIES
10.4 MARS
- 10.4.1 COMPANY OVERVIEW
- 10.4.2 FINANCIAL OVERVIEW
- 10.4.3 PRODUCTS OFFERED
- 10.4.4 KEY DEVELOPMENTS
- 10.4.5 KEY STRATEGIES
10.5 HARIBO GMBH & CO.
- 10.5.1 COMPANY OVERVIEW
- 10.5.2 FINANCIAL OVERVIEW
- 10.5.3 PRODUCTS OFFERED
- 10.5.4 KEY DEVELOPMENTS
- 10.5.5 KEY STRATEGIES
10.6 LOTTE
- 10.6.1 COMPANY OVERVIEW
- 10.6.2 FINANCIAL OVERVIEW
- 10.6.3 PRODUCTS OFFERED
- 10.6.4 KEY DEVELOPMENTS
- 10.6.5 SWOT ANALYSIS
- 10.6.6 KEY STRATEGIES
10.7 MEIJI HOLDINGS CO., LTD.
- 10.7.1 COMPANY OVERVIEW
- 10.7.2 FINANCIAL OVERVIEW
- 10.7.3 PRODUCTS OFFERED
- 10.7.4 KEY DEVELOPMENTS
- 10.7.5 KEY STRATEGIES
10.8 THE HERSHEY COMPANY
- 10.8.1 COMPANY OVERVIEW
- 10.8.2 FINANCIAL OVERVIEW
- 10.8.3 PRODUCTS OFFERED
- 10.8.4 KEY DEVELOPMENTS
- 10.8.5 SWOT ANALYSIS
- 10.8.6 KEY STRATEGIES
10.9 PERFETTI VAN MELLE
- 10.9.1 COMPANY OVERVIEW
- 10.9.2 FINANCIAL OVERVIEW
- 10.9.3 PRODUCTS OFFERED
- 10.9.4 KEY DEVELOPMENTS
- 10.9.5 KEY STRATEGIES
10.10 CHOCOLADEFABRIKEN LINDT & SPRUNGLI AG
- 10.10.1 COMPANY OVERVIEW
- 10.10.2 FINANCIAL OVERVIEW
- 10.10.3 PRODUCTS OFFERED
- 10.10.4 KEY DEVELOPMENTS
- 10.10.5 SWOT ANALYSIS
- 10.10.6 KEY STRATEGIES
10.11 DATA CITATIONS