Bangladesh Candy Market Market size, Industry outlook, Market Forecast, Demand Analysis, Market Share, Market Report 2022-2027 Contact: Venkat Reddy sales@industryarc.com (+1) 970-236-3677
• Bangladesh Candy Market size is projected to reach $399.2 million by 2026, growing at a CAGR of 7.5% over 2021-2026. Candy is referred to as confectionaries that are prepared by using sugar, honey, and other natural or artificial sweeteners. Candies are available in the form of bars, drops, or pieces and are prepared in combination with chocolate, milk, fruits, nuts, or other ingredients. Hard boiled candies are made of sugar based syrups, sucrose, liquid glucose, water, colour and flavour. Toffee candy is made by caramelizing sugar or molasses and has amazing taste. Sugar confectionaries are referred to as candies that offer a wide range of variety. Rising adoption of modern lifestyle increases the demand of healthy convenient foods, changing consumption pattern, growing availability of candies as a snack and increasing need of organic chocolates or sugar-free candies is the major factor driving the growth of Bangladesh Candy Market.
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Key Takeaways
Growing availability of candies as a snack and increasing need of organic chocolates or sugar-free candies are some factors that are driving the growth of the Bangladesh Candy Market.
Detailed analysis of the Strength, Weakness, and Opportunities of the prominent manufacturers operating in the market will be provided in the Bangladesh Candy Market report.
Rising health awareness among population is set to restrain the growth for the Bangladesh Candy Market. Download PDF Brochure Contact: (+1) 970-2363677 Inquiry Before Buying Email: sales@industryarc.com
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Segment Analysis Based on Distribution Channel Bangladesh Candy Market can be further segmented into Supermarkets/Hypermarkets, Online Retail, Convenience Stores and Others. The Supermarkets/Hypermarkets segment recorded for the highest Bangladesh Candy Market share in 2020. This is mainly owing to the availability of separate sections of chocolates in supermarkets allowing consumers to buy chocolates in easier way. Moreover, the rising preference for mass purchasing groceries among consumers increases the demand of supermarkets as it offers a wide range of products that increases the demand of supermarkets among consumers. The Online retail segment is forecasted to register the fastest CAGR of 9.2% over 2021-2026.
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Bangladesh Candy Industry Outlook 1. PRAN Rfl Group 2. Perfetti Van Melle 3. Olympic Industries Limited 4. ACI Foods Limited 5. Mondelez International Inc. 6. Mars Incorporated 7. The Hershey Company 8. THE BANG CANDY COMPANY Download PDF Brochure Contact: (+1) 970-2363677 Inquiry Before Buying Email: sales@industryarc.com
Bangladesh Candy Market – Forecast (2022 - 2027) Learn More About the Report @ https://www.industryarc.com/Report/ 19800/bangladesh-candy-market.ht ml Contact: (+1) 970-2363677 Inquiry Before Buying Email: sales@industryarc.com Download PDF Brochure
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