Sugar Confectionery Market 2023 Size And Trend Analysis Report

Sugar Confectionery Market Segments

The Business Research Company segments it’s Sugar Confectionery market report as:

By Product Type

Hard-Boiled Sweets, Caramel And Toffees, Gums And Jellies, Medicated Confectionery, Mints, Marshmallows, Nougat, Lollipops, Liquorice

By Packaging

By Distribution Channel

Sachet, Box, Other Packaging

Convenience Stores, Departmental Stores, Online Stores, Retail Stores, Traders, Importers, Exporters

Sugar Confectionery Market Statistics

The global sugar confectionery market size is expected to grow from $46.71 billion in 2022 to $49.28 billion in 2023 at a compound annual growth rate (CAGR) of 5.5%. The global sugar confectionery market size is expected to reach $58.52 billion in 2027 at a CAGR of 4.4%.

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Global Sugar Confectionery Market Size Forecast To 2032

Key Market Drivers And Trends

Drivers

The increasing consumer demand for sweets and chocolates is expected to propel the growth of the sugar confectionery market going forward.

Trends

Product innovation is a key trend gaining popularity in the sugar confectionery market.

Region

North America was the largest region in the Sugar Confectionery market in 2022. The regions covered in the global sugar confectionery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Key Market Players

Major players in the Sugar Confectionery market are:

▪ Chupa Chups SA,

▪ Nestle S.A,

▪ Ferrero SpA

▪ The Hershey Company

▪ Kraft Foods Inc

▪ And more.

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