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Confectionery refers to a large rang of food items that mainly contain or wrapped by chocolate, sugar and some fillings like sweeteners, texturizers, emulsifiers etc.
First, the confectionery industry concentration is not high; there are more than ten hundreds manufacturers in the world, and high-end products mainly from the United States and the Western European countries. In the world wide, the giants mainly distribute in the United States and Europe. The United States and Europe have a long history and unshakable status in this industry, like Mars and Hershey, both have perfect products. As to Switzerland, the Nestle has become a global leader. In Germany, it is Haribo that leads the technology development. In China, the manufactures focus in Jiangsu, Shandong and Zhejiang province, and the high-end market is dominated by Mars, Perfetti, Hershey, Cadbury and Nestle etc.
Second, many companies have several plants, usually close to the aimed consumption market. The giants set up their factories all over the world for expanding market. These giants strengthen themselves through merger and acquisition through the world.
Third, all manufactures are committed to the improvement of product. These two years, some Chinese manufactures can almost catch up with the world's leading technology too.
Fourth, the import and export percent of this industry is not high. Because many international manufactures expand their business through building factories or investments overseas.
Fifth, this industry is affected by the people's income level and consuming preference, with the global economic recovery, more and more people pay attention to enhance the quality of life, especially in underdevelopment regions where have a large population and fast economic growth, the need of confectionery will increase.
Sixth, we tend to believe this industry now is very mature and competitive, the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
Market Analysis and Insights: Global Confectionery Market
In 2019, the global Confectionery market size was US$ 16260 million and it is expected to reach US$ 21460 million by the end of 2026, with a CAGR of 4.0% during 2021-2026.
Global Confectionery Scope and Market Size
Confectionery market is segmented by companies, region (country), by Type, and by Sales Channel. Players, stakeholders, and other participants in the global Confectionery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on market size and forecast for the period 2016-2027.
Segment by Type, the Confectionery market is segmented into Sugar Confectionery, Chocolate, Gum, Pastilles, etc.
Segment by Sales Channel, the Confectionery market is segmented into Hypermarkets, Supermarkets, Small Retail Shops, E-commerce, etc.
Regional and Country-level Analysis
The report offers exhaustive assessment of different region-wise and country-wise Confectionery markets such as the U.S., Canada, Germany, France, the U.K., Italy, Russia, China, Japan, South Korea, Taiwan, India, Australia, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Argentina, Saudi Arabia, UAE, Turkey, etc.
The report includes country-wise and region-wise market size for the period 2016-2027, by countries (regions), by Type, and by Sales Channel, as well as by players for North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Confectionery market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2016-2021. Details included are company description, major business, company total revenue and revenue generated in Confectionery business, the date to enter into the Confectionery market, Confectionery product introduction, recent developments, etc.
The major vendors include Mars, Incorporated, Mondelez International, Nestle, Meiji Holdings, Ferrero Group, The Hershey Company, Arcor, Perfetti Van Melle, Haribo, Lindt & Sprüngli, Barry Callebaut, Yıldız Holding, August Storck, General Mills, Orion Confectionery, United Confectioners, LOTTE Confectionery, Bourbon, Crown Confectionary, ROSHEN Corporation, etc.
First, the confectionery industry concentration is not high; there are more than ten hundreds manufacturers in the world, and high-end products mainly from the United States and the Western European countries. In the world wide, the giants mainly distribute in the United States and Europe. The United States and Europe have a long history and unshakable status in this industry, like Mars and Hershey, both have perfect products. As to Switzerland, the Nestle has become a global leader. In Germany, it is Haribo that leads the technology development. In China, the manufactures focus in Jiangsu, Shandong and Zhejiang province, and the high-end market is dominated by Mars, Perfetti, Hershey, Cadbury and Nestle etc.
Second, many companies have several plants, usually close to the aimed consumption market. The giants set up their factories all over the world for expanding market. These giants strengthen themselves through merger and acquisition through the world.
Third, all manufactures are committed to the improvement of product. These two years, some Chinese manufactures can almost catch up with the world's leading technology too.
Fourth, the import and export percent of this industry is not high. Because many international manufactures expand their business through building factories or investments overseas.
Fifth, this industry is affected by the people's income level and consuming preference, with the global economic recovery, more and more people pay attention to enhance the quality of life, especially in underdevelopment regions where have a large population and fast economic growth, the need of confectionery will increase.
Sixth, we tend to believe this industry now is very mature and competitive, the consumption increasing degree will show a smooth curve. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
Market Analysis and Insights: Global Confectionery Market
In 2019, the global Confectionery market size was US$ 16260 million and it is expected to reach US$ 21460 million by the end of 2026, with a CAGR of 4.0% during 2021-2026.
Global Confectionery Scope and Market Size
Confectionery market is segmented by companies, region (country), by Type, and by Sales Channel. Players, stakeholders, and other participants in the global Confectionery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on market size and forecast for the period 2016-2027.
Segment by Type, the Confectionery market is segmented into Sugar Confectionery, Chocolate, Gum, Pastilles, etc.
Segment by Sales Channel, the Confectionery market is segmented into Hypermarkets, Supermarkets, Small Retail Shops, E-commerce, etc.
Regional and Country-level Analysis
The report offers exhaustive assessment of different region-wise and country-wise Confectionery markets such as the U.S., Canada, Germany, France, the U.K., Italy, Russia, China, Japan, South Korea, Taiwan, India, Australia, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Argentina, Saudi Arabia, UAE, Turkey, etc.
The report includes country-wise and region-wise market size for the period 2016-2027, by countries (regions), by Type, and by Sales Channel, as well as by players for North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Competitive Landscape
and Confectionery Market Share AnalysisConfectionery market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2016-2021. Details included are company description, major business, company total revenue and revenue generated in Confectionery business, the date to enter into the Confectionery market, Confectionery product introduction, recent developments, etc.
The major vendors include Mars, Incorporated, Mondelez International, Nestle, Meiji Holdings, Ferrero Group, The Hershey Company, Arcor, Perfetti Van Melle, Haribo, Lindt & Sprüngli, Barry Callebaut, Yıldız Holding, August Storck, General Mills, Orion Confectionery, United Confectioners, LOTTE Confectionery, Bourbon, Crown Confectionary, ROSHEN Corporation, etc.
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