The global sugar confectionery market size is anticipated to reach USD 69.5 billion by 2026. In 2017, the offline stores segment dominated the global sugar confectionery industry, in terms of revenue. Asia-Pacific is expected to grow at the highest rate during the forecast period.
A significant increase in population, changing eating habits, and rising disposable income drive the market growth. Other factors influencing the global sugar confectionery industry include growing inclination towards gifting of confectionery products, and investments by market players in promotional activities, advertising campaigns, and social media marketing. Improvement in lifestyle due to rise in income level, especially in the developing countries of Asia-Pacific, further fuels the market growth.
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Major Key Players
The well-known companies profiled in the sugar confectionery market analysis report include Nestle SA, Mondelez International, Perfetti Van Meller, Lindt & Sprungli, Hershey Food Corp, Ferrero Group, Mars Incorporated, Kraft Foods Co., WM Wrigley JR Company, and Haribo GmbH & Co. KG among others.
The research conducted by expert analysts has been combined here under one banner to provide an accurate report on the recent trends prevailing in the Sugar Confectionerymarket. There is a brief analysis offers the reader with genuine insight into the workings of the market as a whole. There is discussion regarding the numerous processes that make amalgamate to create the product/service. The study provides a look into how the competition prevailing in the market has impacted the growth of the product/service in the Sugar Confectionerymarket. The forecast period for this report is 2020 to 2026 with 2019 as the base year. Market dynamics have a visible effect on the performance of the product/service. The risks inherent also play a role in how the pricing for a product/service can be decided in the volatile market situation.
Drivers and Risks
The impact of the drivers and risks of the market on the pricing of the product/service in the Sugar Confectioneryindustry can be seen by analysing the historical data available. The data is studied to map the progress of the industry in the forecast period. Of all the historical information available, sales volume and pricing have been considered with great focus to understand the influence of existing risks and opportunities on the market performance.
The regional study of the Sugar Confectionerymarket focuses on the global arena of the industry. The production for the product/service by various manufacturers is spread over the entire globe. The main areas included in the report consist of manufacturers established in North America, Europe, Latin America, China, Japan, India, Southeast Asia, Middle East, and Africa. The demographic split of each region shows how the market performs, and its impact on market trends.
Method of Research
The model used in this report is Porter’s Five Force Model. The model provides a considerably accurate analysis of the numerous aspects of the Sugar Confectioneryindustry. Assessment includes both qualitative and quantitative factors influencing the performance of the product/service. SWOT analysis the Strengths, Weaknesses, Opportunities, and Threats of the Sugar Confectioneryindustry to provide accurate information in the report. Market drivers, challenges, restraints give additional information to the readers.
Table of Contents – Major Key Points
1. Overview and Scope
2. Executive Summary
3. Sugar Confectionery Market Insights
4. Sugar Confectionery Market Size and Forecast, 2018-2026 by Type
5. Sugar Confectionery Market Size and Forecast, 2018-2026 by Material
6. Sugar Confectionery Market Size and Forecast, 2018-2026 by End-User
7. Sugar Confectionery Market Size and Forecast, 2018-2026 by Region
8. Company Profiles
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