Confectionery Market Market Drivers is Responsible to for Increasing Market Share, Forecast 2025

1. Confectionery Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY  ANALYSIS, 2016­2025 © Coherent market Insights. All Rights Reserved

2. REPORT DESCRIPTION Confectionery Market:Overview The confectionery market is a steadily growing market with rising sales in emerging economies. Confectionery  products are typically low in nutrients and high in calorie content. Increasing incidence of lifestyle diseases such  as  diabetes,  hypertension,  and  heart  diseases  coupled  with  rising  health  awareness  has  given  rise  to  new  product segments such as sugar­free confectionary products. Rise in demand for sugar­free, low­calorie, and  organic  products  is  projected  to  boost  growth  of  the  market.  Sugar  substitutes  such  as  sorbitol,  mannitol,  maltitol and lactitol among others are used in confectionery. Chocoladefabriken Lindt & Sprüngli A.G. and The  Hershey Company are some of the players offering sugar free chocolates, mints, toffees, candies, and jellies. The biggest restraint to the confectionery market is the rise in raw material costs. For example, cocoa prices  have  been  fluctuating  over  the  past  few  years  due  to  erratic  production  and  supply  demand  imbalance.  According to the International Cocoa Organization (ICCO), prices have fluctuated between US$ 2000/ton and  US$  3000/ton  since  2014.  The  ICCO  recommends  that  producers  either  reduce  the  volume  of  chocolate  products or raise prices to achieve profitability in such market conditions. © Coherent market Insights. All Rights Reserved

3. REPORT DESCRIPTION Confectionery Market:Outlook   ● North America is the largest confectionery market region with the U.S. being a prominent consumer of  confectionery  products.  One  of  the  major  drivers  for  this  market  is  the  seasonal  demand  for  confectioneries. There is a high demand for candies and chocolates, as they are a vital part of the U.S.  festivals.  ● Europe is also among the leading consumers and producers of confectionery products. In Switzerland,  sales of premium chocolate continued to rise in 2017. Swiss consumers were more inclined towards high  quality confectionery products, which incorporate organic, fair­trade chocolate and/or chocolate with a  high cocoa content. ● The  crucial  strategies  adopted  by  the  market  players  include  acquisitions,  mergers,  new  product  developments,  capacity  expansions,  and  flavor  differentiation  that  helps  to  capture  market  share.  In  2017,  Hershey’s  acquired  Amplify  Snack  Brands  to  create  a  broader  portfolio  of  brands  by  merging  Hershey’s snack mix and meat snacks products with Amplify’s products such as Skinny Pop, Tyrrells,  Oatmega, and Paqui. Request a sample copy of this report: https://www.coherentmarketinsights.com/insight/request­sample/1444 © Coherent market Insights. All Rights Reserved

4. REPORT DESCRIPTION Confectionery Market:Segmentation   ● On the basis of product type, confectionery market is segmented into:Sugar Confectionery,Hard­boiled  Sweets,Caramels and Toffees,Gums and Jellies,Medicated Confectionery,Mints,Others,Chocolate  Confectionery,Bagged,Self lines,Boxed Assortments,Count line,Seasonal Chocolate,Tablets Gum:Chewing Gum,Bubble Gum ● ● On the basis of distribution channel, confectionery market is segmented  into:Supermarkets,Hypermarkets,Online,Convenience Stores,Specialty Stores,Others To know the latest trends and insights prevalent in this market, click the link below: https://www.coherentmarketinsights.com/ongoing­insight/confectionery­market­1444  © Coherent market Insights. All Rights Reserved

5. REPORT DESCRIPTION Confectionery Market:Key Players ● Nestlé S.A. ● Mars Inc. ● Ferrero Group ● Meiji Co. Ltd ● Candyrific ● Elmer Chocolate ● Mondelez International ● Grupo Arcor ● The Hershey Company. © Coherent market Insights. All Rights Reserved

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