1 / 4

Major Companies in Sugar Confectionery Products Market: Ken Research

According to the research, the country-niche players held the dominant position in the market in 2021, in terms of the market share with about ~40% followed by global players which account for ~35% of the market share.

kenresearch6
Download Presentation

Major Companies in Sugar Confectionery Products Market: Ken Research

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 3 Key Insights on Competitive Landscape in Global Sugar Confectionery Products Market: Ken Research Country-Niche Players and Regional Players constitute ~65% and ~30% of market presence respectively Despite the Presence of about ~500 Competitors, find a Recent Market Study on Global Sugar Confectionery Products Market Confections made with sugar are known as sweets, and nearly every socioeconomic group consumes them. Individually wrapped candies to expensive items in tasteful packaging are just a few of the many variations of these products that are available. Because of changes in regulatory standards and other factors including the economy, flavor, and consumer demand, the sort of confectioneries that are preferred frequently differs by geographic region. Ken Research shares 3 key insights on this high-opportunity market from its latest research study. 1. Large Global Players Hold Around 45% of the Market Share Followed by Regional Players Holding ~30% of the Market Share A comprehensive competitive analysis conducted during the Research Study found that the global sugar confectionery products market is competitive with ~600 players which include globally diversified players, and regional players, as well as a large number of country-niche players. According to the research, the country-niche players held the dominant position in the market in 2021, in terms of the market share with about ~40% followed by global players which account for ~35% of the market share. Competitive Landscape of Global Sugar Confectionery Products Market- Estimated Market Revenue Share by Competitor Type and Notable Leading and Emerging Players Estimated Market Revenue Share by Competitor Type, 2021 Notable Leading Companies in Global Sugar Confectionery Products Market 35% 40% Notable Emerging Companies in Global Sugar Confectionery Products Market 25% Country-Niche Players Regional Players Global Players Source: Industry Publications, Company Websites, Ken Research Analysis 2. Players are Increasingly Investing in the Sugar Confectionery Products Industry which is Promoting the Market Growth Manufacturers of confections are enhancing the market's flavor profile with herbs and spices that are found in nature. The confectionery market has developed significantly thanks to innovation. The term "natural flavor" or "natural flavoring" refers to any essential oil, oleoresin, essence or extractive, protein hydrolysate, distillate, or other product of roasting, heating, or enzymolysis that contains flavoring

  2. components derived from a spice, fruit or fruit juice, vegetable or vegetable juice, etc., as defined by the USA FDA. Not just key players but also emerging players are expanding in the sugar confectionery products industry and are also investing in strategies like collaborations and technological development to compete in the industry. In November 2022, Painfree Chocolate, created by The Functional Chocolate Company, has been made available to help with common aches, pains, and inflammation. Painfree Chocolate is made with a base of vegan, gluten-free, and ethically sourced dark chocolate that has a subtle chai taste and contains a blend of natural ingredients like turmeric, white willow, arnica, and hops extract. Request For Free Sample Report report.php?Frmdetails=NTk2MTU3 @ https://www.kenresearch.com/sample- Key Competitors within Global Sugar Confectionery Products Market and Estimated Share of Total Competitors by Type, 2021 Company’s Focus on Sugar Confectionery Products Company Name Global Headquarters Estimated Share of Total Competitors by Type, 2021 Specialty Player South Korea 5% Specialty Player Italy Specialty Player Netherlands Specialty Player USA 30% USA Diverse Player Switzerland Diverse Player 65% Diverse Player USA Specialty Player USA Diverse Player Switzerland Country-Niche Players Regional Players Diverse Player USA Global Players Source: Company Websites, Industry Publications, Ken Research Analysis 3. Increased Adoption of Sugar Confectionery Products in Various Parts of the World leading to Major Industry-Wide Developments, Acquisitions, and Deal-Wins In November 2022, Ferrero introduced a range of holiday candies for the important US market. As the chocolate giant reveals its complete intentions for the region this Christmas, Ferrero's US operations have entered full holiday mode, according to Neill Barston. In October 2022, The Trinidad and Tobago Chamber of Industry and Commerce presented 2022 Internationally Known T&T Owned Company of the Year Award to KC Confectionery (T&T Chamber). Key Topics Covered in the Report:- Snapshot of the Global Sugar Confectionery Products Market Industry Value Chain and Ecosystem Analysis Market size and Segmentation of the Global Sugar Confectionery Products Market

  3. Historic Growth of the Overall Global Sugar Confectionery Products Market and Segments Competition Scenario of the Market and Key Developments of Competitors Porter’s 5 Forces Analysis of the Global Sugar Confectionery Products Market Overview, Product Offerings, and SWOT Analysis of Key Competitors COVID-19 Impact on the Overall Global Sugar Confectionery Products Market Future Market Forecast and Growth Rates of the Total Global Sugar Confectionery Products Market and by Segments Market Size of Product Type/ Packaging Type Segments with Historical CAGR and Future Forecasts Analysis of the Sugar Confectionery Products Market in Major Regions Major Production / Consumption Hubs in the Major Regions Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments Overview of Notable Emerging Competitor Companies within Each Major Country Major Players Mentioned in the report:- Lotte Confectionery Ferrero SpA Perfetti Van Melle The Hershey Company Specialty Food Association, Inc. Nestlé S.A. The Kraft Heinz Company Jelly Belly Candy Company Lindt & Sprüngli AG HARIBO of America, Inc. Notable Emerging Companies Mentioned in the Report AAK Confectionery Innovation Mondoux Confectionery IT'SUGAR Prizaco Shantou Yixin Food Co., Ltd. Suntak Foods Manufacturing Co., LTD. Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report Confectionery Manufacturers Confectionery Products Manufacturers Confectionery and Chocolate Product Development Companies Vegan Confectionery Manufacturers Confectionery Raw Materials Suppliers Government Ministries and Departments of Food Industry Food Regulatory Authorities Food Manufacturers Associations Confectionery Product Manufacturers Associations Time Period Captured in the Report:- Historical Period: 2017-2021 Forecast Period: 2022E-2028F For more insights on the market intelligence, refer to the link below:- Global Sugar Confectionery Products Market

More Related