Candy Market 2021-2028: Industry showing Huge Growth in Future
Candy is a confectionery that features sugar as a major ingredient. Sugar or sucrose from sugar beets or sugarcane is the major ingredient used in most candy products. Other sweeteners used in candy production include corn sugar, honey, corn syrup, maple sugar, molasses, and noncaloric sweeteners. Sweeteners may be used in liquid or dry form. The sugar confectionery is any sweet confection, including chocolate, chewing gum, and sugar candy.
The candy market has witnessed significant growth owing to factors such as population growth, disposable income, and consumer tastes and preferences. Moreover, surging demand for candies, primarily among children and the young population, provides huge market opportunities for the key players in the market. However, high sugar content in most of the candies is projected to hamper the overall growth of the candy market.
The candy market has witnessed significant growth owing to factors such as population growth, disposable income, and consumer tastes and preferences. Moreover, surging demand for candies, primarily among children and the young population, provides huge market opportunities for the key players in the market. However, high sugar content in most of the candies is projected to hamper the overall growth of the candy market.
The "Global Candy Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the candy market with detailed market segmentation by product type, distribution channel and geography. The global candy market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading candy market players and offers key trends and opportunities in the market.
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The reports cover key developments in the candy market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from candy market are anticipated to lucrative growth opportunities in the future with the rising demand for candy in the global market. Below mentioned is the list of few companies engaged in the candy market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the candy market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Perfetti Van Melle Group B.V.
- Mondelez International, Inc.,
- Mars, Incorporated
- Haribo GmbH & Co. KG
- Nestle S.A.
- The Hershey Company
- Ferrero Group
- Cloetta Ab
- Grupo Arcor
- Ferrara Candy Co.
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