The Europe candy market is anticipated to grow with considerable CAGR during the forecast period (2020-2026). The market is mainly fuelled by the presence of several global brands including Mondelez Global LLC, Mars Incorporated, Nestle S.A., Chocoladefabriken Lindt & Sprüngli AG among others. Additionally, the high consumer expenditure on sweet treats is also driving the significant growth of the market. In addition to this, the introduction of new flavors is also aiding manufacturers to engage more consumers from all categories.
Browse the full report description Europe Candy Market Size, Share & Trends Analysis Report By Type (Hard-Boiled Candies, Pastilles, Gums, Jellies & Chews, Toffees, Lollipop, Twist & Stick candy, and Others), By Flavor (Caramel, Chocolate, Mint, Coffee, Fruits and Other) By Distribution Channel (Supermarkets/ Hypermarkets, Convenience Stores, and Online Channel), Forecast Period 2020-2026 at https://www.omrglobal.com/industry-reports/europe-candy-market
Europe is well-known for travel destinations all across the globe. The candy manufacturers are targeting the potential of traveling consumer base present across the region. Hence, travel retail is expected to present new growth opportunities for the European candy market during the forecast period. Furthermore, the domestic, as well as local players across the region, are using strategies such as collaboration and acquisition to expand increase their market share in the European candy market and enhance its product offerings. For instance, in May 2020, Bayn Europe AB acquired a low sugar confectioner tweek for around $5.1 million. The acquisition is intended to strengthen the company’s position in the sugar reduced candy products in Europe.
Market Coverage
o By Type
o By Flavor
o By Distribution Channel
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected country and segment
Europe Candy Market Report Segment
By Type
By Flavor
By Distribution Channel
Europe Candy Market Report Segment by Geography
To learn more about this report request a free sample copy
@ https://www.omrglobal.com/request-sample/europe-candy-market