Sugar Confectionery Market Worth $69.5 Billion by 2026 | CAGR 4.3%
                     Sugar Confectionery Market
Set to Exceed $69.5 Billion by 2026 | CAGR 4.3%
Sugar Confectionery Market Share, Size, Trends & Industry 
Analysis Report, By Type (Hard-Boiled Sweets, Gums and 
Jellies, Caramels and Toffees, Medicated Confectionery, 
Others); By Distribution Channel; By Region: Segment 
Forecast, 2018 - 2026
Sugar Confectionery Market Worth $69.5 Billion by 2026 | CAGR 4.3%
The global sugar confectionery market size is anticipated to reach USD 69.5 billion by 2026, 
according to a new research published by Polaris Market Research. In 2017, the offline stores 
segment dominated the global sugar confectionery industry, in terms of revenue. Asia-
Pacific is expected to grow at the highest rate during the forecast period.A significant 
increase in population, changing eating habits, and rising disposable income drive the 
market growth. Other factors influencing the global sugar confectionery industry include 
growing inclination towards gifting of confectionery products, and investments by market 
players in promotional activities, advertising campaigns, and social media marketing. 
Improvement in lifestyle due to rise in income level, especially in the developing countries of 
Asia-Pacific, further fuels the market growth.
Factors such as increase in per capita income, changes in consumer behavior, and rising 
trend of e-commerce are expected to accelerate the growth of sugar confectionery industry 
in the coming years. However, increasing health awareness, rising cases of obesity related 
diseases, and shift in trend towards consumption of low calorie food are expected to restrict 
the growth of the sugar confectionery industry. Increasing demand from developing nations, 
rising demand for organic and premium chocolate products, and growing trend of gifting 
confectionery products are factors expected provide numerous growth opportunities to the 
market players during the forecast period.
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Sugar Confectionery Market
By Type By Component By Region
 Hard-Boiled Sweets  Offline Stores  North America (U.S, Canada)
 Gums and Jellies  Online Channels  Europe (Germany, UK, France, Italy, Spain, 
 Caramels and Toffees Belgium, Russia, Netherlands, Rest of 
 Medicated Confectionery Europe)
 Others  Asia Pacific (China, India, Japan, Korea, 
Singapore, Malaysia, Indonesia, Thailand, 
Philippines)
 Latin America (Brazil, Mexico, Argentina, 
Rest of LATAM)
 Middle East & Africa (UAE, Saudi Arabia, 
South Africa, Rest of MEA)
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Sugar Confectionery Market Estimate & Forecast to 2026
Asia-Pacific is expected to grow at the highest rate during the forecast period. The 
increasing population in the region coupled with rising disposable income drives the market 
growth in the region. The increasing demand of Sugar Confectionery in the region is 
expected to be driven by growth in countries such as China, Japan, and India. The 
development in retail market, stable economic growth, and growing trend of using sugar 
confectionery as gifts supports the market growth in the region.
Access Research Report On Sugar Confectionery Market  Size
The well-known companies profiled in the sugar confectionery market analysis report 
include Nestle SA, Mondelez International, Perfetti Van Meller, Lindt & Sprungli, Hershey 
Food Corp, Ferrero Group, Mars Incorporated, Kraft Foods Co., WM Wrigley JR Company, and 
Haribo GmbH & Co. KG among others. These companies are consistently launching new 
products to enhance their offerings in the global sugar confectionery industry. With change 
in lifestyles, companies are innovating and introducing new products to cater the growing 
needs of the customers. Leading companies are also acquiring other companies, and 
enhancing their product offerings to improve their market reach. Acquisitions enable key 
players to increase their market potential in terms of geographic expansion and expansion 
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Sugar Confectionery Market
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