Abstract
Summary
REPORT HIGHLIGHT
The confectionery market is estimated to represent a global market of USD 157.8 billion by 2017 with growth rate of 20.9%.
Market Taxonomy
The confectionery industry covers the variety of products such as chocolate countlines, boxed chocolate, licorice, bubble gum and chewing gum, molded bars, novelties, chocolate straightlines, lollipops, caramels, medicated confectionery, mints. The industry is estimated according to the retail selling price (RSP) of products. Rising disposable income, growing trend of gifting confectionery products and increasing urbanization is driving the market growth significantly. Production innovation also plays a strategic role in developing this industry to some extent. However, increasing health awareness is anticipated to hamper the market growth.
Types Takeaway
The type segment is categorized as Chocolate, Sugar and Gum confectionery. Among which, chocolate confectionery is accounted for the highest revenue share, amounting for more than 53% of the overall market’s value. Wide range of product categories coupled with growing number of customers buying chocolate confectionery as luxury or gift items supported the growth of this product segment. In terms of distribution channels, the industry is divided as Convenience Store, Hypermarkets, and others.
Global Confectionery Market, by Type, 2017 (Value%)
Regional Takeaway
Regionally, developed regions such as North America and Europe accounted for the highest share of the overall industry. High brand loyalty coupled with aggressive marketing strategies by domiciled players has helped these regions to capture significant revenue share. European region is expected to be on the top spot due to the high demand for confectionery products. On contrary, regions such as Asia Pacific and Latin America is projected to grow with significant growth rate owing to the large customer base and increasing product demand.
Key Vendor Takeaway
The industry is characterized by the presence of sheer number of companies and their dependence on the food market increases competitive rivalry level. Key players such as Mondelez International, The Hershey Company, Mars, Incorporated and Nestlé are profiled in extensively. Mondelez and Mars collectively accounted for the significant share of the overall market owing to the large product portfolio and geographic reach. Companies are actively engaged in product differentiation and strong branding strategies to capture large customer base.
The market size and forecast for each segment and sub-segments has been considered as below:
Historical Year – 2017 – 2021
Base Year – 2021
Estimated Year – 2022
Projected Year – 2028
TARGET AUDIENCE
Traders, Distributors, and Suppliers
Manufacturers
Government and Regional Agencies and Research Organizations
Consultants
Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY TYPES
Chocolate Confectionery
Sugar Confectionery
Gum Confectionery
MARKET, BY DISTRIBUTION CHANNEL
Convenience Store
Hypermarkets
Others
MARKET, BY REGION
North America
U.S.
Canada
Europe
Germany
France
Rest of Europe
Asia Pacific
India
China
Rest of APAC
Rest of the World
Middle East and Africa
Latin America
Table of Contents
1 CONFECTIONERY MARKET OVERVIEW
1.1 Study Scope
1.2 Assumption and Methodology
2 EXECUTIVE SUMMARY
2.1 Key Market Facts
2.2 Geographical Scenario
2.3 Companies in the Market
3 CONFECTIONERY KEY MARKET TRENDS
3.1 Market Drivers
3.1.1 Impact Analysis of Market Drivers
3.2 Market Restraints
3.2.1 Impact Analysis of Market Restraints
3.3 Market Opportunities
3.4 Market Future Trends
4 CONFECTIONERY INDUSTRY STUDY
4.1 Porter’s Analysis
4.2 Supply Chain Analysis
4.3 Market Attractiveness Analysis
5 CONFECTIONERY MARKET LANDSCAPE
5.1 Market Share Analysis
6 CONFECTIONERY MARKET - BY REPLACEMENT THERAPY
6.1 Overview
6.2 Chocolate Confectionery
6.2.1 Overview
6.2.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Billion)
6.3 Sugar Confectionery
6.3.1 Overview
6.3.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Billion)
6.4 Gum Confectionery
6.4.1 Overview
6.4.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Billion)
7 CONFECTIONERY MARKET - BY DISTRIBUTION CHANNEL
7.1 Overview
7.2 Convenience Store
7.2.1 Overview
7.2.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Billion)
7.3 Hypermarkets
7.3.1 Overview
7.3.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Billion)
7.4 Other
7.4.1 Overview
7.4.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Billion)
8 CONFECTIONERY MARKET- BY GEOGRAPHY
8.1 Introduction
8.2 North America
8.2.1 Overview
8.2.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Billion)
8.2.3 U.S
- 8.2.3.1 Overview
- 8.2.3.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Billion)
8.2.4 Canada
- 8.2.4.1 Overview
- 8.2.4.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Billion)
8.3 Europe
8.3.1 Overview
8.3.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Billion)
8.3.3 France
- 8.3.3.1 Overview
- 8.3.3.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Billion)
8.3.4 Germany
- 8.3.4.1 Overview
- 8.3.4.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Billion)
8.3.5 Rest of Europe
- 8.3.5.1 Overview
- 8.3.5.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Billion)
8.4 Asia Pacific (APAC)
8.4.1 Overview
8.4.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Billion)
8.4.3 China
- 8.4.3.1 Overview
- 8.4.3.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Billion)
8.4.4 India
- 8.4.4.1 Overview
- 8.4.4.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Billion)
8.4.5 Rest of APAC
- 8.4.5.1 Overview
- 8.4.5.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Billion)
8.5 Rest of the World
8.5.1 Overview
8.5.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Billion)
8.5.3 Latin America
- 8.5.3.1 Overview
- 8.5.3.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Billion)
8.5.4 Middle East and Africa
- 8.5.4.1 Overview
- 8.5.4.2 Market Analysis, Forecast, and Y-O-Y Growth Rate, 2017 - 2028, (US$ Billion)
9 KEY VENDOR ANALYSIS
9.1 Mondelez International
9.1.1 Company Overview
9.1.2 SWOT Analysis
9.1.3 Key Developments
9.2 The Hershey Company
9.2.1 Company Overview
9.2.2 SWOT Analysis
9.2.3 Key Developments
9.3 Mars, Incorporated
9.3.1 Company Overview
9.3.2 SWOT Analysis
9.3.3 Key Developments
9.4 Nestlé
9.4.1 Company Overview
9.4.2 SWOT Analysis
9.4.3 Key Developments
10 360 DEGREE ANALYSTVIEW
11 APPENDIX
11.1 Research Methodology
11.2 Abbreviations
11.3 Disclaimer
11.4 Contact Us