The confectionery market consists of the retail sale of chocolate, gum and sugar confectionery products. The chocolate segment consists of all chocolate based products, including boxed chocolates, chocolate countlines, chocolate straightlines, molded bars and novelties. The gum segment consists of all bubble and chewing gum. Moreover, sugar confectionery products consist of hard boiled sweets, mints, caramels and toffees, gums and jellies, marshmallows, fudges and medicated throat lozenges. The market is valued according to retail selling price (RSP) and includes any applicable taxes. Any currency conversions used in the creation of this report have been calculated using constant 2017 annual average exchange rates. The global confectionery market had total revenues of $162.0bn in 2017, representing a compound annual growth rate (CAGR) of 4.2% between 2013 and 2017. Market consumption volume increased with a CAGR of 2.7% between 2013 and 2017, to reach a total of 12,467.7 million kg in 2017. Increasing disposable income, rapid urbanization, hectic lifestyles and the rising trend of gifting confectionery items are driving global confectionery market growth. —
Report Source: https://www.themarketreports.com/report/confectionery-global-industry-almanac-2013-2022
• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global confectionery market
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global confectionery market
• Leading company profiles reveal details of key confectionery market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the global confectionery market with five year forecasts by both value and volume.
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