Confectioneries Industry Status and Prospects Professional Market Research Report Publishing Date: 06 March 2022 Download Sample Report Download Sample Report (+91)-916-916-4321(Asia) | (+1)-646-781-7170 (Int'l) | help@statsmarketresearch.com
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Report Studies The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America). Confectionery,also called sweets or candy, is sweet food.Europe dominates the global confectionery market, followed by North America and Asia Pacific . The U.S. represents the largest confectionery market globally , followed by China and the U.K. India is the key market in Asia Pacific and the fastest-growing confectionery market in the world.Rising disposable income, growing retail market, increasing trend of gifting confectionery items, increasing population , increasing urbanization, hectic lifestyle, and more women in the workforce are some of the major driving factors of the confectionery market. Increasing population along with increasing disposable income in developing countries such as India and China is expected to increase the growth rate of the confectionery market. Increasing disposable income allow the customer to spend more.
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Market Value The global Confectioneries market was valued at 165.09 Million USD in 2021 and will grow with a CAGR of 1.91% from 2021 to 2027. Expected to reach $xx million USD by the end of
2021
Forecast year
Base year
CAGR 1.91%(2021 - 2027)
2027
KEY STAKEHOLDERS 1
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Market Players & Competitor Analysis Global and Regional Market Analysis
Market Trends
Opportunities and Drivers
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By Type: • • • •
Chocolate Sugar Confectionery Gum Cereal Bar
By Applications: • Supermarket • Hypermarket • E-Commerce
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