Sugar confectionery industry trend of gifting confectionery items driving the market – industry surv

Transparency Market Research

Sugar Confectionery Market - Asia Pacific and Latin America Industry Analysis, Trend, Size, Share and Forecast, 2015 - 2023

Published Date 21-07-2016

77 Page Report

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Press Release Threat of Local Players Driving Innovation among Global Sugar Confectionery Companies in APAC and Latin America, states TMR

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Sugar Confectionery Market

REPORT DESCRIPTION

The top five players in the Asia Pacific sugar confectionery market, namely Nestle S.A., Perfetti Van Mella SpA, Mondelez International Inc., Ferrero Group, and The Hershey Co, accounted for a combined share of just over 51% in 2014. Similarly, the leading five companies in the market in Latin America held a share of just over 47% in 2014. These players are Nestle, Mondelez, Mars, Ferrero, and Arcor. These figures by Transparency Market Research indicate that the sugar confectionery market is rather fragmented and a large number of players, both international and local, have been operational in this market.

“The APAC sugar confectionery market is characterized by the strong presence of numerous local players in India, Japan, South Korea, and China,” the lead author of the study observes. Looking to compete against these manufacturers, a number of global companies have ventured into these emerging markets.

In May 2013, the Hershey Company launched the Lancaster brand of confectionery products in China. This was the first global brand launch for the company outside the U.S. Considering the recent rise in the demand for premium chocolates and confectioneries, several companies have been introducing newer products and widening their product range in the premium confectioneries market. Acquisitions are another growth strategy that companies have been adopting to increase their competitiveness in various industry segments.

Growing Preference for Healthy Products a Massive Growth Opportunity Although the demand for premium and healthy sugar confectioneries remains high across the Asia Pacific and Latin America market, the palate varies with location. “Keeping this in mind, players have been focusing more on product innovation to suit local preferences and provide consumers with healthier variants,” the TMR analyst notes. For instance, in 2015, Nestle S.A. removed all artificial flavors, colors, and ingredients from its portfolio of sugar confectioneries in all its regional subdivisions. This growing preference for healthy products and the subsequent innovation that drives company activities has fueled the APAC and LATAM market for sugar confectioneries.

View exclusive Global strategic Business report :http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=13034 Other factors driving this market include a largely untapped target audience with increased purchasing power and the growing young population base in both the regions.

Medicated confectioneries such as lozenges and hard candies are already available in the market.

However, TMR predicts that the limited product range is expected to present numerous opportunities for players in the Asia Pacific and Latin America sugar confectionery market.

APAC Surpasses LATAM in Revenue from Sugar Confectionery

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The Asia Pacific and Latin America sugar confectionery market was valued at US$26.1 bn in 2014 and expanding at a 5.7% CAGR from 2015 to 2023, the opportunity in the market is estimated to rise to US$46.1 bn by 2023. By geography, the sugar confectionery market is led by Asia Pacific, which accounted for more than 66% of the market in 2014 in terms of revenue. Latin America, on the other hand, is projected to expand the fastest pace during the forecast period. Accounting for a share of over 28% in 2014, toffees, caramels, and nougats emerged as the leading revenue generator in the sugar confectioneries market in APAC and LATAM. This review is based on the findings of a TMR report titled “Sugar Confectionery Market - Asia Pacific and Latin America Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 - 2023.”

Sugar Confectionery Market: By Geography Asia Pacific

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India

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China

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Japan

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South Korea

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Rest of Asia Pacific

Latin America

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Brazil

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Argentina

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Rest of Latin America

Sugar Confectionery Market: By Product Type

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Boiled Sweets

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Lollipops

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Medicated Confectionery

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Mint

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Pastilles, Gums, Jellies and Chews

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Sugar Confectionery Market

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Toffees, Caramels and Nougat

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Others

TABLE OF CONTENT

Chapter 1 Preface 1.1 Report description 1.2 Research scope 1.3 Research methodology Chapter 2 Executive Summary Chapter 3 Market Overview 3.1 Introduction 3.2 Supply Chain analysis 3.3 Market Dynamics 3.3.1 Market Drivers 3.3.1.1 Growing Consumer Demand for Healthy Confectionery Product 3.7.1.2 Growing Young-Age Population Base, Drives the Sugar confectionery Market 3.7.1.3 Large Untapped Market for Penetration 3.3.2 Market Restraints 3.2.2.1 Health Issue 3.3.3 Market Opportunities 3.3.3.1 Market Opportunity in Medicated Confectionery Products

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3.3.3.2 Untapped Sugar Confectionery Market in rural Area 3.4 Key Trend Analysis 3.5 Sugar Confectionery Market: Market Attractiveness Analysis 3.5.1 APAC Sugar Confectionery Market Attractiveness Analysis 3.5.1 Latin America Sugar confectionery Market Attractiveness Analysis 3.6 Sugar confectionery MArket : Competitive Landscape 3.6.1 APAC Sugar Confectionery Market : Company Market Share Analysis (2015) 3.6.2 Latin America Sugar confectionery MArket : Company Market Share Analysis (2015) Chapter 4 APAC and Latin America Sugar Confectionery Market Revenue, by Type, 2015 – 2023 (USD Billion) 4.1 Introduction 4.2 APAC and Latin America Sugar Confectionery Market : By Type, Revenue Share 2014 v/s 2023 4.3 Boiled Sweet 4.3.1 Boiled Sweet Market Revenue and Forecast, 2014 – 2023 (USD Billion) 4.4 Lollipops 4.4.1 Lolipops Market Revenue and Forecast, 2014 – 2023 (USD Billion) 4.5 Medicated Confectionery 4.5.1 Medicated Confectionery Market Revenue and Forecast, 2014 – 2023 (USD Billion) 4.6 Pastilles, Gums, Jellies and Chews 4.6.1 Pastilles, Gums, Jellies and Chews Market Revenue and Forecast, 2014 – 2023 (USD Billion) 4.7 Toffees, Caramels and Nougat

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4.7.1 Toffees, Caramels and Nougat Market Revenue and Forecast, 2014 – 2023 (USD Billion) 4.8 Others Confectionery 4.8.1O thers Confectionery Market Revenue and Forecast, 2014 – 2023 (USD Billion) Chapter 5 Sugar Confectionery Market Revenue, by Geography, 2015 – 2023 (USD Billion) 5.1 Overview 5.2 APAC and Latin America Sugar Confectionery MArket : by Geography, Revenue Share 2014 v/s 2023 5.3 Asia Pacific 5.3.1 Asia Pacific Sugar Confectionery market by Country, 2014 – 2023: revenue forecast 5.3.2 Asia Pacific Sugar Confectionery market by Product Type, 2014 – 2023: revenue forecast 5.3.2.1 India Sugar Confectionery market, 2014 – 2023: revenue forecast 5.3.2.1 1India Sugar Confectionery market by Product Type, 2014 – 2023: revenue forecast 5.3.2.2 China Sugar Confectionery market, 2014 – 2023: revenue forecast 5.3.2.2.1 China Sugar Confectionery market by Product Type, 2014 – 2023: revenue forecast 5.3.2.3 Japan Sugar Confectionery market ,2014 – 2023: revenue forecast 5.3.2.3.1 Japan Sugar Confectionery market by Product Type, 2014 – 2023: revenue forecast 5.3.2.4 South Korea Sugar Confectionery market, 2014 – 2023: revenue forecast 5.3.2.4.1 South Korea Sugar Confectionery market by Product Type, 2014 – 2023: revenue forecast 5.3.2.5 Rest of APAC Sugar Confectionery market, 2014 – 2023: revenue forecast 5.3.2.5.1 Rest of APAC Sugar Confectionery market by Product Type, 2014 – 2023: revenue forecast 5.4 Latin America

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5.4.1 Latin America Sugar Confectionery market by Country, 2014 – 2023: revenue forecast 5.4.2 Latin America Sugar Confectionery market by Product Type, 2014 – 2023: revenue forecast 5.4.2.1 Brazil Sugar Confectionery market, 2014 – 2023: revenue forecast 5.4.2.1.1 Brazil Sugar Confectionery market by Product Type, 2014 – 2023: revenue forecast 5.4.2.2 Argentina Sugar Confectionery market, 2014 – 2023: revenue forecast 5.4.2.2.1 Agentina Sugar Confectionery market by Product Type, 2014 – 2023: revenue forecast 5.4.2.3 Rest of Latin America Sugar Confectionery market ,2014 – 2023: revenue forecast 5.4.2.3.1 Rest of Latin America Sugar Confectionery market by Product Type, 2014 – 2023: revenue forecast Chapter 6 Company Profiles 6.1 The Hershey Company 6.1.1 Company Details (HQ, Foundation Year, Employee Strength) 6.1.2 Market Presence, By Segment and Geography 6.1.3 Key Developments 6.1.4 Strategy and Historical Roadmap 6.1.5 Revenue and Operating Profits 6.2 Nestle S.A..

6.2.1 Company Details (HQ, Foundation Year, Employee Strength) 6.2.2 Market Presence, By Segment and Geography 6.2.3 Key Developments 6.2.4 Strategy and Historical Roadmap

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6.2.5 Revenue and Operating Profits 6.3 Mondelez International 6.3.1 Company Details (HQ, Foundation Year, Employee Strength) 6.3.2 Market Presence, By Segment and Geography 6.3.3 Key Developments 6.3.4 Strategy and Historical Roadmap 6.3.5 Revenue and Operating Profits 6.4 Mars Inc. 6.4.1 Company Details (HQ, Foundation Year, Employee Strength) 6.4.2 Market Presence, By Segment and Geography 6.4.3 Key Developments 6.4.4 Strategy and Historical Roadmap 6.4.5 Revenue and Operating Profits 6.5 Ferrero SpA 6.5.1 Company Details (HQ, Foundation Year, Employee Strength) 6.5.2 Market Presence, By Segment and Geography 6.5.3 Key Developments 6.5.4 Strategy and Historical Roadmap 6.5 Revenue and Operating Profits 6.6 Lindt & Sprunli 6.6.1 Company Details (HQ, Foundation Year, Employee Strength)

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6.6.2 Market Presence, By Segment and Geography 6.6.3 Key Developments 6.6.4 Strategy and Historical Roadmap 6.6.5 Revenue and Operating Profits 6.7 Lotte Confectionery 6.7.1 Company Details (HQ, Foundation Year, Employee Strength) 6.7.2 Market Presence, By Segment and Geography 6.7.3 Key Developments 6.7.4 Strategy and Historical Roadmap 6.7.5 Revenue and Operating Profits 6.8 Perfetti Van MElla SpA. 6.8.1 Company Details (HQ, Foundation Year, Employee Strength) 6.8.2 Market Presence, By Segment and Geography 6.8.3 Key Developments 6.8.4 Strategy and Historical Roadmap 6.8.5 Revenue and Operating Profits

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Sugar Confectionery Market

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