Confectionery Market Size
| Icons | Lable | Value |
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Study Period | 2018 - 2030 |
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Market Size (2024) | USD 203.67 Billion |
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Market Size (2030) | USD 280.56 Billion |
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Largest Share by Distribution Channel | Supermarket/Hypermarket |
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CAGR (2024 - 2030) | 5.48 % |
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Largest Share by Region | Europe |
Major Players |
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*Disclaimer: Major Players sorted in alphabetical order. |
Confectionery Market Analysis
The Confectionery Market size is estimated at 203.67 billion USD in 2024, and is expected to reach 280.56 billion USD by 2030, growing at a CAGR of 5.48% during the forecast period (2024-2030).
203.67 Billion
Market Size in 2024 (USD)
280.56 Billion
Market Size in 2030 (USD)
3.38 %
CAGR (2018-2023)
5.48 %
CAGR (2024-2030)
Largest Segment by Confections
53.80 %
value share, Chocolate, 2023
Growing popularity of dark chocolate due to its health benefits, along with growing artisanal chocolate makers in regions like Europe, is making chocolate the largest segment.
Largest Segment by Region
34.33 %
value share, Europe, 2023
Increasing health awareness and obesity instances in Europe have led to rise in sales of low-calorie and sugar-free confectionery items, making it the largest region globally.
Fastest-growing Segment by Confections
8.21 %
Projected CAGR, Snack Bar, 2024-2030
Consumers are replacing conventional snacks with snack bars, growing and witnessing an ever-expanding array of flavors and healthy varieties to supplement eating habits.
Fastest-growing Segment by Region
7.57 %
Projected CAGR, Africa, 2024-2030
The increasing availability of local brands with rising percapita consumption, majorly driven by South Africa and Nigeria countries, is making up Africa's share in the market.
Leading Market Player
14.18 %
market share, Mars Incorporated, 2022
The company's major focus on the quality and high standards of the products in the confectionery segment, with products in a wider range of brands, made Mars a market leader.
Supermarkets and hypermarkets account for the prominent share, followed by convenience stores in the global retail sales of confectionery
- Under the global retailing segment, supermarkets and hypermarkets were considered the largest retailing segment in 2023. Strategic product positioning on the shelves for the confectionery category influences impulse purchase behavior among potential consumers. Casino Supermarkets, Carrefour, Super U, and Lidl are some of the leading grocery store operators in the region. By value share, Europe has been dominating the retailing space by acquiring a share of 33.6% by volume in 2023. A nationwide network of these operators allows easy access to local and mainstream confectionery brands. As of 2023, Lidl operated more than 3,000 stores and 1,500 stores in Germany and France, respectively. Carrefour operates around 2,869 supermarkets across the region.
- Convenience stores are considered the second largest retailers in the global retailing segment. This is because these stores have the capability of offering a greater convenience experience to their consumers. In 2023, it was observed that Becker's was owed 45 stores in Ontario. These stores tend to offer a wide range of chocolate products with innovative offers to their customers. North America is considered the second-largest region for retailing space, holding a share of 29.1% by volume in 2023.
- The online retailing segment was considered the fastest-growing retailing industry for confectionery products in 2023. The segment is estimated to register a value CAGR of 7.13% during 2023-2030. Consumers are also preferring the online retail segment as a one-click shopping platform. Due to this factor, consumers can easily manage the average shopping time spent on confections.
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Europe is the leading confectionery segment driven by the consumer preference for tasty and convenient indulgent snacking
- The global confectionery market observed a CAGR of 3.38% during 2018-2023 in terms of value. An increasing trend toward healthier confectionery products made with natural ingredients and less sugar is fueling the growth of the global confectionery market. It has led to the development of products like sugar-free, vegan, and organic, which are popular for their health benefits.
- Compared to other regions, Europe accounted for the largest share of 34.34% in terms of value and registered a growth rate of 4.03% in 2023 compared to 2022. Germany, France, the United Kingdom, and Russia have a huge consumer base for the consumption of confectionery, which will drive the regional demand. Consumer preference for tasty and convenient indulgent snacking is identified as the key market driver in the region. In 2022, 72% of German snackers consumed candy and chocolate bars every week. Also, consumer preference for premium and sustainable chocolate has consequently led to expanding sales of confectioneries in the region.
- North America is the second-largest confectionery market globally. The region is anticipated to register a CAGR of 6.32% in terms of value during the forecast period (2023-2030). The increasing popularity and demand for chocolate confectionery products are propelling the market growth. Consumers of chocolate confectionery in North America can be found in all age groups. In 2022, more than 49% of consumers in the United States consumed milk chocolate, and dark chocolate was consumed by 34% of Americans. Also, in Canada, the average consumption of chocolate stood at 6.4 kg per person in 2022. Canadian households spend an average of USD 88 on chocolate bars per year.
Global Confectionery Market Trends
Strong demand during festive seasons and special occasions positively impacts the confectionery market worldwide
- Europe and Asia-Pacific are the leading confectionery-consuming regions, followed by North America. The consumption of confectionery products in Europe is majorly associated with celebrations, holidays, and gift-giving, leading to consistent demand throughout the year. In North America, one-fifth of consumers bought candy weekly, and slightly more (22%) bought candy multiple times per week in 2022.
- Organic, Fairtrade-certified, and Rainforest Alliance/UTZ-certified confectionery are gaining significant traction across European countries. Germany, the UK, and the Netherlands are the largest markets for chocolates made with Fairtrade-certified cocoa beans. Also, consumer preferences are influenced by the taste, texture, and format of the confectionery.
- In 2023, confectionery products witnessed a hike in their sales. The sales growth was linked to the changing eating habits of consumers. In 2023, under the confectionery segment, snack bars gained a significant volume of popularity as people preferred them over oily-stuffed snacks. On average, the Y-o-Y growth of the prices of chocolate products was valued at USD 2.34 in 2023, which was also a hike of 2.1%.
- Under the confectionery segment, chocolate is a popular treat enjoyed by individuals. There are considerations regarding its health benefits and potential drawbacks. Chocolates were consumed by 92% of the global population in 2023. Across the globe, there are a few additional factors to consider in the context of confectionery consumption from a health perspective, such as their health significance.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- The demand for fortified confectionery products, and products incorporated with ingredients with functional benefits boost the growth
Confectionery Industry Overview
The Confectionery Market is moderately consolidated, with the top five companies occupying 42.33%. The major players in this market are Ferrero International SA, Mars Incorporated, Mondelēz International Inc., Nestlé SA and The Hershey Company (sorted alphabetically).
Confectionery Market Leaders
Ferrero International SA
Mars Incorporated
Mondelēz International Inc.
Nestlé SA
The Hershey Company
Other important companies include August Storck KG, Chocoladefabriken Lindt & Sprüngli AG, General Mills Inc., HARIBO Holding GmbH & Co. KG, Kellogg Company, Lotte Corporation, Meiji Holdings Company Ltd, PepsiCo Inc., Perfetti Van Melle BV, Yıldız Holding AS.
*Disclaimer: Major Players sorted in alphabetical order.
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Confectionery Market News
- August 2023: Ferrero North America, in the United States, revealed new products and seasonal offerings, including Kinder Chocolate, at the Annual Sweets & Snacks Expo in Chicago.
- July 2023: HARIBO® officially began gummi production at its first-ever North American manufacturing facility, located in Pleasant Prairie, Wis. The brand-new, state-of-the-art factory was created to meet the growing demand by US consumers of the beloved gummi brand, which produces over 25 varieties of gummi treats in the US and more than 1,200 types globally.
- July 2023: Ferrero's sister company, Ferrara Candy Co., announced the acquisition of Brazilian snacks company Dori Alimentos, which sells a variety of chocolate and sugar confectionery brands, including Dori, Pettiz, and Jubes.
Free with this Report
We provide a comprehensive and exhaustive set of data pointers for global, regional, and country-level metrics that illustrate the fundamentals of the confectionery industry. With the help of 45+ free charts, clients can access in-depth market analysis based on price trend analysis of confectionery ingredients and per capita consumption of confections, through granular-level segmental information supported by a repository of market data, trends, and expert analysis. Data and analysis on confections, confectionery variants, sugar content, insights into consumer preferences and purchasing patterns, an overview of key market players, etc., are available in the form of comprehensive reports as well as excel-based data worksheets.
Confectionery Market Report - Table of Contents
EXECUTIVE SUMMARY & KEY FINDINGS
REPORT OFFERS
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. Regulatory Framework
2.2. Consumer Buying Behavior
2.3. Ingredient Analysis
2.4. Value Chain & Distribution Channel Analysis
3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
3.1. Confections
3.1.1. Chocolate
3.1.1.1. By Confectionery Variant
3.1.1.1.1. Dark Chocolate
3.1.1.1.2. Milk and White Chocolate
3.1.2. Gums
3.1.2.1. By Confectionery Variant
3.1.2.1.1. Bubble Gum
3.1.2.1.2. Chewing Gum
3.1.2.1.2.1. By Sugar Content
3.1.2.1.2.1.1. Sugar Chewing Gum
3.1.2.1.2.1.2. Sugar-free Chewing Gum
3.1.3. Snack Bar
3.1.3.1. By Confectionery Variant
3.1.3.1.1. Cereal Bar
3.1.3.1.2. Fruit & Nut Bar
3.1.3.1.3. Protein Bar
3.1.4. Sugar Confectionery
3.1.4.1. By Confectionery Variant
3.1.4.1.1. Hard Candy
3.1.4.1.2. Lollipops
3.1.4.1.3. Mints
3.1.4.1.4. Pastilles, Gummies, and Jellies
3.1.4.1.5. Toffees and Nougats
3.1.4.1.6. Others
3.2. Distribution Channel
3.2.1. Convenience Store
3.2.2. Online Retail Store
3.2.3. Supermarket/Hypermarket
3.2.4. Others
3.3. Region
3.3.1. Africa
3.3.1.1. By Country
3.3.1.1.1. Egypt
3.3.1.1.2. Nigeria
3.3.1.1.3. South Africa
3.3.1.1.4. Rest of Africa
3.3.2. Asia-Pacific
3.3.2.1. By Country
3.3.2.1.1. Australia
3.3.2.1.2. China
3.3.2.1.3. India
3.3.2.1.4. Indonesia
3.3.2.1.5. Japan
3.3.2.1.6. Malaysia
3.3.2.1.7. New Zealand
3.3.2.1.8. South Korea
3.3.2.1.9. Rest of Asia-Pacific
3.3.3. Europe
3.3.3.1. By Country
3.3.3.1.1. Belgium
3.3.3.1.2. France
3.3.3.1.3. Germany
3.3.3.1.4. Italy
3.3.3.1.5. Netherlands
3.3.3.1.6. Russia
3.3.3.1.7. Spain
3.3.3.1.8. Switzerland
3.3.3.1.9. Turkey
3.3.3.1.10. United Kingdom
3.3.3.1.11. Rest of Europe
3.3.4. Middle East
3.3.4.1. By Country
3.3.4.1.1. Bahrain
3.3.4.1.2. Kuwait
3.3.4.1.3. Oman
3.3.4.1.4. Qatar
3.3.4.1.5. Saudi Arabia
3.3.4.1.6. United Arab Emirates
3.3.4.1.7. Rest of Middle East
3.3.5. North America
3.3.5.1. By Country
3.3.5.1.1. Canada
3.3.5.1.2. Mexico
3.3.5.1.3. United States
3.3.5.1.4. Rest of North America
3.3.6. South America
3.3.6.1. By Country
3.3.6.1.1. Argentina
3.3.6.1.2. Brazil
3.3.6.1.3. Rest of South America
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles
4.4.1. August Storck KG
4.4.2. Chocoladefabriken Lindt & Sprüngli AG
4.4.3. Ferrero International SA
4.4.4. General Mills Inc.
4.4.5. HARIBO Holding GmbH & Co. KG
4.4.6. Kellogg Company
4.4.7. Lotte Corporation
4.4.8. Mars Incorporated
4.4.9. Meiji Holdings Company Ltd
4.4.10. Mondelēz International Inc.
4.4.11. Nestlé SA
4.4.12. PepsiCo Inc.
4.4.13. Perfetti Van Melle BV
4.4.14. The Hershey Company
4.4.15. Yıldız Holding AS
5. KEY STRATEGIC QUESTIONS FOR CONFECTIONERY CEOS
6. APPENDIX
6.1. Global Overview
6.1.1. Overview
6.1.2. Porter’s Five Forces Framework
6.1.3. Global Value Chain Analysis
6.1.4. Market Dynamics (DROs)
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
List of Tables & Figures
- Figure 1:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 2:
- VALUE OF CONFECTIONERY MARKET, USD, GLOBAL, 2018 - 2030
- Figure 3:
- VOLUME OF CONFECTIONERY MARKET BY CONFECTIONS, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 4:
- VALUE OF CONFECTIONERY MARKET BY CONFECTIONS, USD, GLOBAL, 2018 - 2030
- Figure 5:
- VOLUME SHARE OF CONFECTIONERY MARKET BY CONFECTIONS, %, GLOBAL, 2018 VS 2024 VS 2030
- Figure 6:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTIONS, %, GLOBAL, 2018 VS 2024 VS 2030
- Figure 7:
- VOLUME OF CHOCOLATE MARKET BY CONFECTIONERY VARIANT, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 8:
- VALUE OF CHOCOLATE MARKET BY CONFECTIONERY VARIANT, USD, GLOBAL, 2018 - 2030
- Figure 9:
- VOLUME SHARE OF CHOCOLATE MARKET BY CONFECTIONERY VARIANT, %, GLOBAL, 2018 VS 2024 VS 2030
- Figure 10:
- VALUE SHARE OF CHOCOLATE MARKET BY CONFECTIONERY VARIANT, %, GLOBAL, 2018 VS 2024 VS 2030
- Figure 11:
- VOLUME OF DARK CHOCOLATE MARKET, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 12:
- VALUE OF DARK CHOCOLATE MARKET, USD, GLOBAL, 2018 - 2030
- Figure 13:
- VALUE SHARE OF DARK CHOCOLATE MARKET BY DISTRIBUTION CHANNEL, %, GLOBAL, 2023 VS 2030
- Figure 14:
- VOLUME OF MILK AND WHITE CHOCOLATE MARKET, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 15:
- VALUE OF MILK AND WHITE CHOCOLATE MARKET, USD, GLOBAL, 2018 - 2030
- Figure 16:
- VALUE SHARE OF MILK AND WHITE CHOCOLATE MARKET BY DISTRIBUTION CHANNEL, %, GLOBAL, 2023 VS 2030
- Figure 17:
- VOLUME OF GUMS MARKET BY CONFECTIONERY VARIANT, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 18:
- VALUE OF GUMS MARKET BY CONFECTIONERY VARIANT, USD, GLOBAL, 2018 - 2030
- Figure 19:
- VOLUME SHARE OF GUMS MARKET BY CONFECTIONERY VARIANT, %, GLOBAL, 2018 VS 2024 VS 2030
- Figure 20:
- VALUE SHARE OF GUMS MARKET BY CONFECTIONERY VARIANT, %, GLOBAL, 2018 VS 2024 VS 2030
- Figure 21:
- VOLUME OF BUBBLE GUM MARKET, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 22:
- VALUE OF BUBBLE GUM MARKET, USD, GLOBAL, 2018 - 2030
- Figure 23:
- VALUE SHARE OF BUBBLE GUM MARKET BY DISTRIBUTION CHANNEL, %, GLOBAL, 2023 VS 2030
- Figure 24:
- VOLUME OF CHEWING GUM MARKET BY SUGAR CONTENT, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 25:
- VALUE OF CHEWING GUM MARKET BY SUGAR CONTENT, USD, GLOBAL, 2018 - 2030
- Figure 26:
- VOLUME SHARE OF CHEWING GUM MARKET BY SUGAR CONTENT, %, GLOBAL, 2018 VS 2024 VS 2030
- Figure 27:
- VALUE SHARE OF CHEWING GUM MARKET BY SUGAR CONTENT, %, GLOBAL, 2018 VS 2024 VS 2030
- Figure 28:
- VOLUME OF SUGAR CHEWING GUM MARKET, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 29:
- VALUE OF SUGAR CHEWING GUM MARKET, USD, GLOBAL, 2018 - 2030
- Figure 30:
- VALUE SHARE OF SUGAR CHEWING GUM MARKET BY DISTRIBUTION CHANNEL, %, GLOBAL, 2023 VS 2030
- Figure 31:
- VOLUME OF SUGAR-FREE CHEWING GUM MARKET, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 32:
- VALUE OF SUGAR-FREE CHEWING GUM MARKET, USD, GLOBAL, 2018 - 2030
- Figure 33:
- VALUE SHARE OF SUGAR-FREE CHEWING GUM MARKET BY DISTRIBUTION CHANNEL, %, GLOBAL, 2023 VS 2030
- Figure 34:
- VOLUME OF SNACK BAR MARKET BY CONFECTIONERY VARIANT, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 35:
- VALUE OF SNACK BAR MARKET BY CONFECTIONERY VARIANT, USD, GLOBAL, 2018 - 2030
- Figure 36:
- VOLUME SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANT, %, GLOBAL, 2018 VS 2024 VS 2030
- Figure 37:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANT, %, GLOBAL, 2018 VS 2024 VS 2030
- Figure 38:
- VOLUME OF CEREAL BAR MARKET, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 39:
- VALUE OF CEREAL BAR MARKET, USD, GLOBAL, 2018 - 2030
- Figure 40:
- VALUE SHARE OF CEREAL BAR MARKET BY DISTRIBUTION CHANNEL, %, GLOBAL, 2023 VS 2030
- Figure 41:
- VOLUME OF FRUIT & NUT BAR MARKET, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 42:
- VALUE OF FRUIT & NUT BAR MARKET, USD, GLOBAL, 2018 - 2030
- Figure 43:
- VALUE SHARE OF FRUIT & NUT BAR MARKET BY DISTRIBUTION CHANNEL, %, GLOBAL, 2023 VS 2030
- Figure 44:
- VOLUME OF PROTEIN BAR MARKET, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 45:
- VALUE OF PROTEIN BAR MARKET, USD, GLOBAL, 2018 - 2030
- Figure 46:
- VALUE SHARE OF PROTEIN BAR MARKET BY DISTRIBUTION CHANNEL, %, GLOBAL, 2023 VS 2030
- Figure 47:
- VOLUME OF SUGAR CONFECTIONERY MARKET BY CONFECTIONERY VARIANT, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 48:
- VALUE OF SUGAR CONFECTIONERY MARKET BY CONFECTIONERY VARIANT, USD, GLOBAL, 2018 - 2030
- Figure 49:
- VOLUME SHARE OF SUGAR CONFECTIONERY MARKET BY CONFECTIONERY VARIANT, %, GLOBAL, 2018 VS 2024 VS 2030
- Figure 50:
- VALUE SHARE OF SUGAR CONFECTIONERY MARKET BY CONFECTIONERY VARIANT, %, GLOBAL, 2018 VS 2024 VS 2030
- Figure 51:
- VOLUME OF HARD CANDY MARKET, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 52:
- VALUE OF HARD CANDY MARKET, USD, GLOBAL, 2018 - 2030
- Figure 53:
- VALUE SHARE OF HARD CANDY MARKET BY DISTRIBUTION CHANNEL, %, GLOBAL, 2023 VS 2030
- Figure 54:
- VOLUME OF LOLLIPOPS MARKET, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 55:
- VALUE OF LOLLIPOPS MARKET, USD, GLOBAL, 2018 - 2030
- Figure 56:
- VALUE SHARE OF LOLLIPOPS MARKET BY DISTRIBUTION CHANNEL, %, GLOBAL, 2023 VS 2030
- Figure 57:
- VOLUME OF MINTS MARKET, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 58:
- VALUE OF MINTS MARKET, USD, GLOBAL, 2018 - 2030
- Figure 59:
- VALUE SHARE OF MINTS MARKET BY DISTRIBUTION CHANNEL, %, GLOBAL, 2023 VS 2030
- Figure 60:
- VOLUME OF PASTILLES, GUMMIES, AND JELLIES MARKET, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 61:
- VALUE OF PASTILLES, GUMMIES, AND JELLIES MARKET, USD, GLOBAL, 2018 - 2030
- Figure 62:
- VALUE SHARE OF PASTILLES, GUMMIES, AND JELLIES MARKET BY DISTRIBUTION CHANNEL, %, GLOBAL, 2023 VS 2030
- Figure 63:
- VOLUME OF TOFFEES AND NOUGATS MARKET, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 64:
- VALUE OF TOFFEES AND NOUGATS MARKET, USD, GLOBAL, 2018 - 2030
- Figure 65:
- VALUE SHARE OF TOFFEES AND NOUGATS MARKET BY DISTRIBUTION CHANNEL, %, GLOBAL, 2023 VS 2030
- Figure 66:
- VOLUME OF OTHERS MARKET, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 67:
- VALUE OF OTHERS MARKET, USD, GLOBAL, 2018 - 2030
- Figure 68:
- VALUE SHARE OF OTHERS MARKET BY DISTRIBUTION CHANNEL, %, GLOBAL, 2023 VS 2030
- Figure 69:
- VOLUME OF CONFECTIONERY MARKET BY DISTRIBUTION CHANNEL, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 70:
- VALUE OF CONFECTIONERY MARKET BY DISTRIBUTION CHANNEL, USD, GLOBAL, 2018 - 2030
- Figure 71:
- VOLUME SHARE OF CONFECTIONERY MARKET BY DISTRIBUTION CHANNEL, %, GLOBAL, 2018 VS 2024 VS 2030
- Figure 72:
- VALUE SHARE OF CONFECTIONERY MARKET BY DISTRIBUTION CHANNEL, %, GLOBAL, 2018 VS 2024 VS 2030
- Figure 73:
- VOLUME OF CONFECTIONERY MARKET SOLD VIA CONVENIENCE STORE, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 74:
- VALUE OF CONFECTIONERY MARKET SOLD VIA CONVENIENCE STORE, USD, GLOBAL, 2018 - 2030
- Figure 75:
- VALUE SHARE OF CONFECTIONERY MARKET SOLD VIA CONVENIENCE STORE BY CONFECTION, %, GLOBAL, 2023 VS 2030
- Figure 76:
- VOLUME OF CONFECTIONERY MARKET SOLD VIA ONLINE RETAIL STORE, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 77:
- VALUE OF CONFECTIONERY MARKET SOLD VIA ONLINE RETAIL STORE, USD, GLOBAL, 2018 - 2030
- Figure 78:
- VALUE SHARE OF CONFECTIONERY MARKET SOLD VIA ONLINE RETAIL STORE BY CONFECTION, %, GLOBAL, 2023 VS 2030
- Figure 79:
- VOLUME OF CONFECTIONERY MARKET SOLD VIA SUPERMARKET/HYPERMARKET, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 80:
- VALUE OF CONFECTIONERY MARKET SOLD VIA SUPERMARKET/HYPERMARKET, USD, GLOBAL, 2018 - 2030
- Figure 81:
- VALUE SHARE OF CONFECTIONERY MARKET SOLD VIA SUPERMARKET/HYPERMARKET BY CONFECTION, %, GLOBAL, 2023 VS 2030
- Figure 82:
- VOLUME OF CONFECTIONERY MARKET SOLD VIA OTHERS, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 83:
- VALUE OF CONFECTIONERY MARKET SOLD VIA OTHERS, USD, GLOBAL, 2018 - 2030
- Figure 84:
- VALUE SHARE OF CONFECTIONERY MARKET SOLD VIA OTHERS BY CONFECTION, %, GLOBAL, 2023 VS 2030
- Figure 85:
- VOLUME OF CONFECTIONERY MARKET BY REGION, METRIC TONNES, GLOBAL, 2018 - 2030
- Figure 86:
- VALUE OF CONFECTIONERY MARKET BY REGION, USD, GLOBAL, 2018 - 2030
- Figure 87:
- VOLUME SHARE OF CONFECTIONERY MARKET BY REGION, %, GLOBAL, 2018 VS 2024 VS 2030
- Figure 88:
- VALUE SHARE OF CONFECTIONERY MARKET BY REGION, %, GLOBAL, 2018 VS 2024 VS 2030
- Figure 89:
- VOLUME OF CONFECTIONERY MARKET BY COUNTRY, METRIC TONNES, AFRICA, 2018 - 2030
- Figure 90:
- VALUE OF CONFECTIONERY MARKET BY COUNTRY, USD, AFRICA, 2018 - 2030
- Figure 91:
- VOLUME SHARE OF CONFECTIONERY MARKET BY COUNTRY, %, AFRICA, 2018 VS 2024 VS 2030
- Figure 92:
- VALUE SHARE OF CONFECTIONERY MARKET BY COUNTRY, %, AFRICA, 2018 VS 2024 VS 2030
- Figure 93:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, EGYPT, 2018 - 2030
- Figure 94:
- VALUE OF CONFECTIONERY MARKET, USD, EGYPT, 2018 - 2030
- Figure 95:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, EGYPT, 2023 VS 2030
- Figure 96:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, NIGERIA, 2018 - 2030
- Figure 97:
- VALUE OF CONFECTIONERY MARKET, USD, NIGERIA, 2018 - 2030
- Figure 98:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, NIGERIA, 2023 VS 2030
- Figure 99:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, SOUTH AFRICA, 2018 - 2030
- Figure 100:
- VALUE OF CONFECTIONERY MARKET, USD, SOUTH AFRICA, 2018 - 2030
- Figure 101:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, SOUTH AFRICA, 2023 VS 2030
- Figure 102:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, REST OF AFRICA, 2018 - 2030
- Figure 103:
- VALUE OF CONFECTIONERY MARKET, USD, REST OF AFRICA, 2018 - 2030
- Figure 104:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, REST OF AFRICA, 2023 VS 2030
- Figure 105:
- VOLUME OF CONFECTIONERY MARKET BY COUNTRY, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 106:
- VALUE OF CONFECTIONERY MARKET BY COUNTRY, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 107:
- VOLUME SHARE OF CONFECTIONERY MARKET BY COUNTRY, %, ASIA-PACIFIC, 2018 VS 2024 VS 2030
- Figure 108:
- VALUE SHARE OF CONFECTIONERY MARKET BY COUNTRY, %, ASIA-PACIFIC, 2018 VS 2024 VS 2030
- Figure 109:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, AUSTRALIA, 2018 - 2030
- Figure 110:
- VALUE OF CONFECTIONERY MARKET, USD, AUSTRALIA, 2018 - 2030
- Figure 111:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, AUSTRALIA, 2023 VS 2030
- Figure 112:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, CHINA, 2018 - 2030
- Figure 113:
- VALUE OF CONFECTIONERY MARKET, USD, CHINA, 2018 - 2030
- Figure 114:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, CHINA, 2023 VS 2030
- Figure 115:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, INDIA, 2018 - 2030
- Figure 116:
- VALUE OF CONFECTIONERY MARKET, USD, INDIA, 2018 - 2030
- Figure 117:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, INDIA, 2023 VS 2030
- Figure 118:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, INDONESIA, 2018 - 2030
- Figure 119:
- VALUE OF CONFECTIONERY MARKET, USD, INDONESIA, 2018 - 2030
- Figure 120:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, INDONESIA, 2023 VS 2030
- Figure 121:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, JAPAN, 2018 - 2030
- Figure 122:
- VALUE OF CONFECTIONERY MARKET, USD, JAPAN, 2018 - 2030
- Figure 123:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, JAPAN, 2023 VS 2030
- Figure 124:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, MALAYSIA, 2018 - 2030
- Figure 125:
- VALUE OF CONFECTIONERY MARKET, USD, MALAYSIA, 2018 - 2030
- Figure 126:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, MALAYSIA, 2023 VS 2030
- Figure 127:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, NEW ZEALAND, 2018 - 2030
- Figure 128:
- VALUE OF CONFECTIONERY MARKET, USD, NEW ZEALAND, 2018 - 2030
- Figure 129:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, NEW ZEALAND, 2023 VS 2030
- Figure 130:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, SOUTH KOREA, 2018 - 2030
- Figure 131:
- VALUE OF CONFECTIONERY MARKET, USD, SOUTH KOREA, 2018 - 2030
- Figure 132:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, SOUTH KOREA, 2023 VS 2030
- Figure 133:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, REST OF ASIA-PACIFIC, 2018 - 2030
- Figure 134:
- VALUE OF CONFECTIONERY MARKET, USD, REST OF ASIA-PACIFIC, 2018 - 2030
- Figure 135:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, REST OF ASIA-PACIFIC, 2023 VS 2030
- Figure 136:
- VOLUME OF CONFECTIONERY MARKET BY COUNTRY, METRIC TONNES, EUROPE, 2018 - 2030
- Figure 137:
- VALUE OF CONFECTIONERY MARKET BY COUNTRY, USD, EUROPE, 2018 - 2030
- Figure 138:
- VOLUME SHARE OF CONFECTIONERY MARKET BY COUNTRY, %, EUROPE, 2018 VS 2024 VS 2030
- Figure 139:
- VALUE SHARE OF CONFECTIONERY MARKET BY COUNTRY, %, EUROPE, 2018 VS 2024 VS 2030
- Figure 140:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, BELGIUM, 2018 - 2030
- Figure 141:
- VALUE OF CONFECTIONERY MARKET, USD, BELGIUM, 2018 - 2030
- Figure 142:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, BELGIUM, 2023 VS 2030
- Figure 143:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, FRANCE, 2018 - 2030
- Figure 144:
- VALUE OF CONFECTIONERY MARKET, USD, FRANCE, 2018 - 2030
- Figure 145:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, FRANCE, 2023 VS 2030
- Figure 146:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, GERMANY, 2018 - 2030
- Figure 147:
- VALUE OF CONFECTIONERY MARKET, USD, GERMANY, 2018 - 2030
- Figure 148:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, GERMANY, 2023 VS 2030
- Figure 149:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, ITALY, 2018 - 2030
- Figure 150:
- VALUE OF CONFECTIONERY MARKET, USD, ITALY, 2018 - 2030
- Figure 151:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, ITALY, 2023 VS 2030
- Figure 152:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, NETHERLANDS, 2018 - 2030
- Figure 153:
- VALUE OF CONFECTIONERY MARKET, USD, NETHERLANDS, 2018 - 2030
- Figure 154:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, NETHERLANDS, 2023 VS 2030
- Figure 155:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, RUSSIA, 2018 - 2030
- Figure 156:
- VALUE OF CONFECTIONERY MARKET, USD, RUSSIA, 2018 - 2030
- Figure 157:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, RUSSIA, 2023 VS 2030
- Figure 158:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, SPAIN, 2018 - 2030
- Figure 159:
- VALUE OF CONFECTIONERY MARKET, USD, SPAIN, 2018 - 2030
- Figure 160:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, SPAIN, 2023 VS 2030
- Figure 161:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, SWITZERLAND, 2018 - 2030
- Figure 162:
- VALUE OF CONFECTIONERY MARKET, USD, SWITZERLAND, 2018 - 2030
- Figure 163:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, SWITZERLAND, 2023 VS 2030
- Figure 164:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, TURKEY, 2018 - 2030
- Figure 165:
- VALUE OF CONFECTIONERY MARKET, USD, TURKEY, 2018 - 2030
- Figure 166:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, TURKEY, 2023 VS 2030
- Figure 167:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, UNITED KINGDOM, 2018 - 2030
- Figure 168:
- VALUE OF CONFECTIONERY MARKET, USD, UNITED KINGDOM, 2018 - 2030
- Figure 169:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, UNITED KINGDOM, 2023 VS 2030
- Figure 170:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, REST OF EUROPE, 2018 - 2030
- Figure 171:
- VALUE OF CONFECTIONERY MARKET, USD, REST OF EUROPE, 2018 - 2030
- Figure 172:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, REST OF EUROPE, 2023 VS 2030
- Figure 173:
- VOLUME OF CONFECTIONERY MARKET BY COUNTRY, METRIC TONNES, MIDDLE EAST, 2018 - 2030
- Figure 174:
- VALUE OF CONFECTIONERY MARKET BY COUNTRY, USD, MIDDLE EAST, 2018 - 2030
- Figure 175:
- VOLUME SHARE OF CONFECTIONERY MARKET BY COUNTRY, %, MIDDLE EAST, 2018 VS 2024 VS 2030
- Figure 176:
- VALUE SHARE OF CONFECTIONERY MARKET BY COUNTRY, %, MIDDLE EAST, 2018 VS 2024 VS 2030
- Figure 177:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, BAHRAIN, 2018 - 2030
- Figure 178:
- VALUE OF CONFECTIONERY MARKET, USD, BAHRAIN, 2018 - 2030
- Figure 179:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, BAHRAIN, 2023 VS 2030
- Figure 180:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, KUWAIT, 2018 - 2030
- Figure 181:
- VALUE OF CONFECTIONERY MARKET, USD, KUWAIT, 2018 - 2030
- Figure 182:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, KUWAIT, 2023 VS 2030
- Figure 183:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, OMAN, 2018 - 2030
- Figure 184:
- VALUE OF CONFECTIONERY MARKET, USD, OMAN, 2018 - 2030
- Figure 185:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, OMAN, 2023 VS 2030
- Figure 186:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, QATAR, 2018 - 2030
- Figure 187:
- VALUE OF CONFECTIONERY MARKET, USD, QATAR, 2018 - 2030
- Figure 188:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, QATAR, 2023 VS 2030
- Figure 189:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, SAUDI ARABIA, 2018 - 2030
- Figure 190:
- VALUE OF CONFECTIONERY MARKET, USD, SAUDI ARABIA, 2018 - 2030
- Figure 191:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, SAUDI ARABIA, 2023 VS 2030
- Figure 192:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 193:
- VALUE OF CONFECTIONERY MARKET, USD, UNITED ARAB EMIRATES, 2018 - 2030
- Figure 194:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, UNITED ARAB EMIRATES, 2023 VS 2030
- Figure 195:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, REST OF MIDDLE EAST, 2018 - 2030
- Figure 196:
- VALUE OF CONFECTIONERY MARKET, USD, REST OF MIDDLE EAST, 2018 - 2030
- Figure 197:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, REST OF MIDDLE EAST, 2023 VS 2030
- Figure 198:
- VOLUME OF CONFECTIONERY MARKET BY COUNTRY, METRIC TONNES, NORTH AMERICA, 2018 - 2030
- Figure 199:
- VALUE OF CONFECTIONERY MARKET BY COUNTRY, USD, NORTH AMERICA, 2018 - 2030
- Figure 200:
- VOLUME SHARE OF CONFECTIONERY MARKET BY COUNTRY, %, NORTH AMERICA, 2018 VS 2024 VS 2030
- Figure 201:
- VALUE SHARE OF CONFECTIONERY MARKET BY COUNTRY, %, NORTH AMERICA, 2018 VS 2024 VS 2030
- Figure 202:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, CANADA, 2018 - 2030
- Figure 203:
- VALUE OF CONFECTIONERY MARKET, USD, CANADA, 2018 - 2030
- Figure 204:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, CANADA, 2023 VS 2030
- Figure 205:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, MEXICO, 2018 - 2030
- Figure 206:
- VALUE OF CONFECTIONERY MARKET, USD, MEXICO, 2018 - 2030
- Figure 207:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, MEXICO, 2023 VS 2030
- Figure 208:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, UNITED STATES, 2018 - 2030
- Figure 209:
- VALUE OF CONFECTIONERY MARKET, USD, UNITED STATES, 2018 - 2030
- Figure 210:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, UNITED STATES, 2023 VS 2030
- Figure 211:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, REST OF NORTH AMERICA, 2018 - 2030
- Figure 212:
- VALUE OF CONFECTIONERY MARKET, USD, REST OF NORTH AMERICA, 2018 - 2030
- Figure 213:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, REST OF NORTH AMERICA, 2023 VS 2030
- Figure 214:
- VOLUME OF CONFECTIONERY MARKET BY COUNTRY, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
- Figure 215:
- VALUE OF CONFECTIONERY MARKET BY COUNTRY, USD, SOUTH AMERICA, 2018 - 2030
- Figure 216:
- VOLUME SHARE OF CONFECTIONERY MARKET BY COUNTRY, %, SOUTH AMERICA, 2018 VS 2024 VS 2030
- Figure 217:
- VALUE SHARE OF CONFECTIONERY MARKET BY COUNTRY, %, SOUTH AMERICA, 2018 VS 2024 VS 2030
- Figure 218:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, ARGENTINA, 2018 - 2030
- Figure 219:
- VALUE OF CONFECTIONERY MARKET, USD, ARGENTINA, 2018 - 2030
- Figure 220:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, ARGENTINA, 2023 VS 2030
- Figure 221:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, BRAZIL, 2018 - 2030
- Figure 222:
- VALUE OF CONFECTIONERY MARKET, USD, BRAZIL, 2018 - 2030
- Figure 223:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, BRAZIL, 2023 VS 2030
- Figure 224:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, REST OF SOUTH AMERICA, 2018 - 2030
- Figure 225:
- VALUE OF CONFECTIONERY MARKET, USD, REST OF SOUTH AMERICA, 2018 - 2030
- Figure 226:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, REST OF SOUTH AMERICA, 2023 VS 2030
- Figure 227:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, GLOBAL, 2018 - 2023
- Figure 228:
- MOST ADOPTED STRATEGIES, COUNT, GLOBAL, 2018 - 2023
- Figure 229:
- VALUE SHARE OF MAJOR PLAYERS, %, GLOBAL, 2022
Confectionery Industry Segmentation
Chocolate, Gums, Snack Bar, Sugar Confectionery are covered as segments by Confections. Convenience Store, Online Retail Store, Supermarket/Hypermarket, Others are covered as segments by Distribution Channel. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.
- Under the global retailing segment, supermarkets and hypermarkets were considered the largest retailing segment in 2023. Strategic product positioning on the shelves for the confectionery category influences impulse purchase behavior among potential consumers. Casino Supermarkets, Carrefour, Super U, and Lidl are some of the leading grocery store operators in the region. By value share, Europe has been dominating the retailing space by acquiring a share of 33.6% by volume in 2023. A nationwide network of these operators allows easy access to local and mainstream confectionery brands. As of 2023, Lidl operated more than 3,000 stores and 1,500 stores in Germany and France, respectively. Carrefour operates around 2,869 supermarkets across the region.
- Convenience stores are considered the second largest retailers in the global retailing segment. This is because these stores have the capability of offering a greater convenience experience to their consumers. In 2023, it was observed that Becker's was owed 45 stores in Ontario. These stores tend to offer a wide range of chocolate products with innovative offers to their customers. North America is considered the second-largest region for retailing space, holding a share of 29.1% by volume in 2023.
- The online retailing segment was considered the fastest-growing retailing industry for confectionery products in 2023. The segment is estimated to register a value CAGR of 7.13% during 2023-2030. Consumers are also preferring the online retail segment as a one-click shopping platform. Due to this factor, consumers can easily manage the average shopping time spent on confections.
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Market Definition
- Milk and White Chocolate - Milk chocolates is a solid chocolate made with milk (in the form of either milk powder, liquid milk, or condensed milk) and cocoa solids. White chocolate is made from cocoa butter and milk and contains no cocoa solids whatsoever. The scope includes regular chocolates, low-sugar, and sugar-free variants
- Toffees & Nougats - Toffees include hard, chewy, and small or one-bite candies marketed with labels as toffee or toffee-like confectionery. Nougat is a chewy confection with almond, sugar, and egg white as a basic ingredient; and it originated in Europe and Middle East countries.
- Cereals Bars - A snack composed of breakfast cereal that has been compressed into a bar shape and is held together with a form of edible adhesive. The scope includes snack bars made with cereals such as rice, oats, corn, etc. mixed with a binding syrup. These also include products labeled as cereal bars, cereal treat bars, or grain bars.
- Chewing Gum - This is a preparation for chewing, usually made of flavored and sweetened chicle or such substitutes as polyvinyl acetate. The types of chewing gums included in the scope are sugar-chewing gums and sugar-free chewing gums
| Keyword | Definition |
|---|---|
| Dark Chocolate | Dark chocolate is a form of chocolate containing cocoa solids and cocoa butter without the milk. |
| White Chocolate | White chocolate is the type of chocolate containing the highest percentage of milk solids, typically around or over 30 percent. |
| Milk Chocolate | Milk chocolate is made from dark chocolate that has a low cocoa solid content and higher sugar content, plus a milk product. |
| Hard Candy | A candy made of sugar and corn syrup boiled without crystallizing. |
| Toffees | A hard, chewy, often brown sweet that is made from sugar boiled with butter. |
| Nougats | A chewy or brittle candy containing almonds or other nuts and sometimes fruit. |
| Cereal bar | A cereal bar is a bar-shaped food product, made by pressing cereals and usually dried fruit or berries, which are in most cases held together by glucose syrup. |
| Protein bar | Protein bars are nutrition bars that contain a high proportion of protein to carbohydrates/fats. |
| Fruit & Nut bar | These are often based on dates with other dried fruit and nut additions and, in some cases, flavorings. |
| NCA | The National Confectioners Association is an American trade organization that promotes chocolate, candy, gum and mints, and the companies that make these treats. |
| CGMP | Current good manufacturing practices are those conforming to the guidelines recommended by relevant agencies. |
| Unstandardized foods | Unstandardized foods are those that do not have a standard of identity or that deviate from a prescribed standard in any manner. |
| GI | The glycemic index (GI) is a way of ranking carbohydrate-containing foods based on how slowly or quickly they are digested and increase blood glucose levels over a period of time |
| Skimmed milk powder | Skimmed milk powder is obtained by removing water from pasteurized skim milk by spray-drying. |
| Flavanols | Flavanols are a group of compounds found in cocoa, tea, apples, and many other plant-based foods and beverages. |
| WPC | Whey protein concentrate- the substance obtained by the removal of sufficient nonprotein constituents from pasteurized whey so that the finished dry product contains greater than 25% protein. |
| LDL | Low density Lipoprotein- the bad cholesterol |
| HDL | High density Lipoprotein- the good cholesterol |
| BHT | butylated Hydroxytoluene is a lab-made chemical that is added to foods as a preservative. |
| Carrageenan | Carrageenan is an additive used to thicken, emulsify, and preserve foods and drinks. |
| Free form | Not containing certain ingredients, such as gluten, dairy, or sugar. |
| Cocoa butter | It is a fatty substance obtained from cocoa beans, used in the manufacture of confectionery. |
| Pastellies | A type of of Brazilian candy made from sugar, eggs, and milk. |
| Draggees | Small, round candies that are coated with a hard sugar shell |
| CHOPRABISCO | Royal Belgian Association of the chocolate, pralines, biscuit, and confectionery industry- A trade association that represents the Belgian chocolate industry. |
| European Directive 2000/13 | A European Union directive that regulates the labeling of food products |
| Kakao-Verordnung | The German chocolate ordinance, a set of regulations that define what can be labeled as "chocolate" in Germany. |
| FASFC | Federal Agency for the Safety of the Food Chain |
| Pectin | A natural substance that is derived from fruits and vegetables. It is used in confectionery to create a gel-like texture. |
| Invert sugars | A type of sugar that is made up of glucose and fructose. |
| Emulsifier | A substance that helps to mix to liquids that does not mix together. |
| Anthocyanins | A type of flavonoid that is responsible for the red, purple, and blue colors of confectionery. |
| Functional Foods | Foods that have been modified to provide additional health benefits beyond basic nutrition. |
| Kosher certificate | This certification verifies that the ingredients, production process including all machinery, and/or food-service process complies with the standards of Jewish dietary law |
| Chicory root extract | A natural extract from the chicory root that is a good source of fiber, calcium, phosphorous, and folate |
| RDD | Recommended daily dose |
| Gummies | A chewy gelatin-based candy that is often flavored with fruit. |
| Nutraceuticals | Food or dietary supplements that are claimed to have health benefits. |
| Energy bars | Snack bars that are high in carbohydrates and calories are designed to provide energy on the go. |
| BFSO | Belgian Food Safety Organization for the food chain. |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step 1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set, and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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