The global candy market is anticipated to grow with a considerable CAGR during the forecast period (2020-2026). Candy has gained significant popularity across the globe as a sweet treat. Consumption of candy at a moderate level is associated with various health effects. For instance, candies are made-up of sugar, and consumption of sugar makes people persevere longer and keeps them focused. As per some researches, consuming candy before starting any form of the job will aid the consumer in the last longer. Similarly, the chewing gum; a type of soft chewable candy available in various flavors is experiencing wide popularity since the last few decades. Chewing gum increases serotonin levels hence it can aid in improving mood, reducing stress, increasing mental focus, and even block pain. The aforementioned health benefits are expected to influence the growth of the candy market during the forecast year.
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Furthermore, candy manufacturers are getting innovative with their product offering to engage more consumers. For instance, The Hershey company offers personalized themed birth announcement candy bar wrappers. These candy bars are custom party flavored that matches the theme or color of the celebration. Such innovative offerings are expected to impact the candy market during the forecast period.
A Full Report of Global Candy Market is Available at: https://www.omrglobal.com/industry-reports/candy-market
Global Candy Market Report Segment
By Type
- Hard-Boiled Candies
- Pastilles, Gums, Jellies, and Chews
- Toffees
- Lollipop, Twist & Stick candy
- Others
By Flavor
- Caramel
- Chocolate
- Mint
- Coffee
- Fruits
- Other
By Distribution Channel
- Supermarkets/ Hypermarkets
- Convenience Stores
- Online Channel
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
