The global confectionery market is anticipated to grow with considerable CAGR during the forecast period (2020-2026). The confectionary market has gained significant popularity across the globe owing to the increasing product innovations, retail market expansion, strong advertisement campaigns among others. Besides, the “better for you” sweets and candies demand is also increasing with consumers preferring a mix of healthy and indulgent treat options. This will also catalyze the growth of the global confectionery market during the forecast period.
Browse the full report description Global Confectionery Market Size, Share & Trends Analysis Report by Type (Sugar Confectionery, Chocolate Confectionery, and Bakers Confectionery), by Distribution Channel (Supermarkets/ Hypermarkets, Convenience Stores, and Online Channel) Forecast Period 2020-2026 at https://www.omrglobal.com/industry-reports/confectionery-market
Additionally, the emphasis of manufacturers on developing new flavors, packaging, and textures to suit the continuously changing consumer demands is also increased during recent years. The manufacturers are combining lower sugar content with other functional benefits in their confection offering to cater to the rising health concerns across the globe. This has significantly increased the adoption of confectionary products among health-conscious consumers. For instance, in April 2020, SamrtSweet launched plant-based low sugar chews. The low sugar treats will be available in watermelon, strawberry, and mango flavors. Moreover, the demand for premium treats that are expensive yet considered healthy and sophisticated by consumers is also increasing significantly in the last few decades. All these factors combined are anticipated to drive the growth of the global confectionery market during the forecast period.
Market Coverage
o By Type
o By Distribution Channel
o North America
o Europe
o Asia-Pacific
o Rest of the World
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected region/segment
Global Confectionery Market Report Segment
By Type
By Distribution Channel
Global Confectionery Market Report By Geography
North America
Europe
Asia-Pacific
Rest of the World
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