The global candy market is anticipated to grow at a modest CAGR during the forecast period. Candy is a type of sugar-based confections that are available in both chocolate and non-chocolate forms. In addition to this, candy nowadays is also added with additional nuts, fruits, and almonds among others to enhance its flavour offerings. Hence, the market is majorly fueled by the increasing inclination of consumers towards sweets treats coupled with the availability of both chocolate and non-chocolate candy options. Additionally, the increasing emphasis of candy manufacturers to include seasonal as well as festive flavours in their product offering is also driving the adoption of candies all across the globe.
In addition to this, the significant shift in the consumer’s preference towards the health-conscious candies is driving manufacturers to include innovative vegan and diet-candy options into their product portfolio. Moreover, the rising disposable income of the people across the globe will preferably aid in the growth of the candy market. However, candies contain sugar which is directly connected to diabetes and obesity-related health problems. Hence, the sugar content of the candy will restraint the adoption of candy as the prevalence of diabetes is continuously raising across the globe. Sugar-free candies will find significant market growth in the near future.
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Candy Market Segmentation
By Type
- Hard-Boiled Candies
- Pastilles, Gums, Jellies, and Chews
- Toffees
- Lollipop, Twist & Stick candy
- Others
By Flavour
- Caramel
- Chocolate
- Mint
- Coffee
- Fruits
- Other (Coconut, Butterscotch)
By Distribution Channel
- Supermarkets/ Hypermarkets
- Convenience Stores
- Online Channel
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- Arcor S.A.IC
- August Storck KG
- Behave Foods, Inc.
- Bourbon Corp.
- Chocoladefabriken Lindt & Sprüngli AG
- Chocolat Frey AG
- Conscious Candy Co.
- Derby
- EZAKI GLICO CO., LTD.
- Ferrara Candy Co.
- Ferrero SpA
- General Mills Inc.
- HARIBO GmbH & Co. KG
- Mars, Inc. (NA)
- Meiji Holdings Co., Ltd.
- Mondelez Global LLC
- MORINAGA & CO., LTD.
- Nestle S.A.
- Parle Products Pvt. Ltd.
- Perfetti Van Melle Group B.V.
- ROSHEN Corp.
- SmartSweets Inc.
- Suncrest Food Makers
- The Hershey Co.
- Valeo Foods Group
- Dylan’s Candy Bar
- Perfetti Van Melle Group BV
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