Global Candy Market COVID-19 Impact Analysis, Demand and Industry Forecast Report 2027


Posted December 19, 2022 by pranit10

Global Candy Market was valued US$ 217.5 Bn in 2020 and is expected to grow US$ 284.29 Bn by 2027, at a CAGR of 3.9% during the forecast period.

 
Global Candy Market Forecast by 2029, Latest Drivers and Key Companies.

This report estimates the market size for Global Candy using 2021 as the base year and a forecast period of 2022 to 2029. This analysis predicts that the Global Candy market will grow by millions of dollars by 2029 when compared to 2021. The revenue CAGR of the Global Candy market will skyrocket over the next seven years.

In-depth information on the market's size, price, revenue, trends, growth, and capacity is provided in the Global Candy market research report, along with a forecast for the years up to 2029. The primary growth factors for this Global Candy market are also thoroughly examined. This report is a comprehensive quantitative analysis of the market that offers information for creating plans to boost growth and effectiveness.

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Global Candy Market Overview:

The preparation of candy includes sugar, honey, and other natural or artificial sweeteners along with chocolate, milk, fruits, nuts, or other ingredients that are made in the form of bars, drops, and pieces. Confectioneries are also known as candies. Some candies can provide essential protein, minerals, and vitamins that support bodybuilding and promote overall wellness.

The Global Candy market, which also offers the most recent drivers, restraints, and opportunities for the Global Candy market, determines the entire research for the business firm. To validate the findings, interviews with well-known businessmen were conducted. In the secondary investigation and analysis of the same, both paid and unpaid data bases are used. Information on each player's supply and consumption is compiled using official government databases, third-party databases, and, in the case of publicly traded companies, financial reports of the company. If annual reports are not made public, they may be obtained from the tax division of the local government.

COVID 19 Impact:

The market is affected by COVID-19, and as that impact grows in 2019 and 2020, it will also affect the growth rate. Businesses and organisations are being forced by the COVID-19 crisis to digitise operations and manage risk to provide decision-makers with reliable data and experiences. This is supported by the most recent MMR research, opinions, and insights on the management issues that have the greatest market impact on businesses and organisations.

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Global Candy Market Segment:

By product category, chocolate candies include both chocolate and products derived from cocoa. The market for non-chocolate candies is further broken down into hard-boiled candies, pastilles, gums, jellies & chews, toffees, caramels & nougat, mints, and other items. Due to a wide range of consumer preferences, the market for non-chocolate candies is growing at the fastest rate.

Top Companies in Global Candy Market:

Meiji Holdings Co., Ltd.
General Mills Inc.
Mondelēz International
Kellogg NA Co
Mars, Incorporated
pladis global
LOTTE CONFECTIONARY CO.LTD.
August Storck
Perfetti Van Melle
HARIBO of America, Inc.
Arcor
Ferrero
Cloetta
Sweet Candy Company.
THE BANG CANDY COMPANY
Quality Candy Company
Muskoka Candy Company
The Ferrero Group.
palmer-candy
Regional Analysis:

North America (United States, Canada and Mexico)
Europe (UK, Germany, France, Italy, Russia, Sweden, etc.)
Asia-Pacific (China, Japan, South Korea, India, Australia, ASEAN, and Rest Of APAC)
South America (Brazil, Argentina, etc.)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
Important Features of the Reports:

Comprehensive overview of the Global Candy market.
Global Candy Market drivers, restraints, opportunities, and challenges region-wise.
Explanations for market share and segmentation in detail.
Current market trends and advancements
About Maximize Market Research:

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Categories Food , News
Tags global candy market
Last Updated December 19, 2022