The Asia-Pacific confectionery market is anticipated to grow at a CAGR 5.0% during the forecast period. The growth of the market is attributed to the changing consumer preferences coupled with the increasing disposable income. Additionally, the diversity in the availability of confectionary products as per the local taste and flavors also catalyzes the growth of the Asia-Pacific confectionery industry.
Additionally, health consciousness such as increasing obesity across the region is driving the consumer towards healthy confectionery products. Hence, the manufacturers are increasing their innovation in healthy confectionary offerings. For instance, in January 2018, Meiji Holding Co., Ltd. with an investment of approximately $245 million announced the expansion of production of health-focused chocolate in Japan to cater to the growing consumer demand of cocoa health benefits.
Asia-Pacific confectionery market is segmented based on type and distribution channels. Based on the type, the market is sub-segmented into sugar confectionery, chocolate confectionery, and bakers confectionery. Based on the distribution channel, the market is sub-segmented into supermarkets/ hypermarkets, convenience stores, and online channels. Convenience stores are expected to maintain a significant market share in the region.
The key players of the Asia-Pacific confectionery market include Amul, Meiji Holding Co., Ltd., Nestlé S.A., Parle Products Pvt. Ltd., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers, and acquisitions, collaborations, and expansion to stay competitive in the market.
Research Methodology
The market study of the Asia-pacific confectionery market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts research to bring more authenticity to the reports.
Secondary Sources Include
The report is intended for confectionery manufacturers & distributors, research organizations, venture capitalists, seed funders, start-ups, and other related organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, products offered by the companies, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.
Market Segmentation
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Asia-Pacific Confectionary Market by Type
5.1.1. Sugar Confectionary
5.1.2. Chocolate Confectionary
5.1.3. Bakers Confectionary
5.2. Asia-Pacific Confectionary Market by Distribution Channel
5.2.1. Supermarkets/ Hypermarkets
5.2.2. Convenience Stores
5.2.3. Online Channel
6. Regional Analysis
6.1. Asia-Pacific
6.1.1. China
6.1.2. India
6.1.3. Japan
6.1.4. South Korea
6.1.5. Rest of Asia-Pacific
7. Company Profiles
7.1. Amul (Gujarat Co-operative Milk Marketing Federation Ltd.)
7.2. Chocoladefabriken Lindt & Sprungli AG
7.3. Ezaki Glico Co., Ltd.
7.4. Ferrero SpA
7.5. Guangdong Strong Group Co., Ltd.
7.6. Lotte Confectionary Co. Ltd.
7.7. Lotus Chocolate Co. Ltd.
7.8. Mars, Inc.
7.9. Meiji Holding Co., Ltd.
7.10. Monginis Foods Private Ltd.
7.11. Nestlé S.A.
7.12. Parle Products Pvt. Ltd.
7.13. Perfetti Van Melle Group B.V.
7.14. The Hershey Co.
7.15. Yamazaki Baking Co., Ltd.
1. ASIA-PACIFIC CONFECTIONARY MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
2. ASIA-PACIFIC SUGAR CONFECTIONARY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
3. ASIA-PACIFIC CHOCOLATE CONFECTIONARY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
4. ASIA-PACIFIC BAKERS CONFECTIONARY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
5. ASIA-PACIFIC CONFECTIONARY MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
6. ASIA-PACIFIC SUPERMARKET/ HYPERMARKET CONFECTIONARY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
7. ASIA-PACIFIC CONVENIENCE STORES CONFECTIONARY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
8. ASIA-PACIFIC ONLINE CONFECTIONARY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
9. ASIA-PACIFIC CONFECTIONARY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
10. CHINA CONFECTIONARY MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
11. CHINA CONFECTIONARY MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
12. INDIA CONFECTIONARY MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
13. INDIA CONFECTIONARY MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
14. JAPAN CONFECTIONARY MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
15. JAPAN CONFECTIONARY MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
16. SOUTH KOREA CONFECTIONARY MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
17. SOUTH KOREA CONFECTIONARY MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
18. REST OF ASIA-PACIFIC CONFECTIONARY MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
19. REST OF ASIA-PACIFIC CONFECTIONARY MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
1. ASIA-PACIFIC CONFECTIONARY MARKET SHARE BY TYPE, 2019 VS 2026 (%)
2. ASIA-PACIFIC CONFECTIONARY MARKET SHARE BY DISTRIBUTION CHANNEL, 2019 VS 2026 (%)
3. ASIA-PACIFIC CONFECTIONARY MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
4. ASIA-PACIFIC Sugar Confectionary MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
5. ASIA-PACIFIC Chocolate Confectionary MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
6. ASIA-PACIFIC Bakers Confectionary MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
7. ASIA-PACIFIC Supermarkets/ Hypermarkets MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
8. ASIA-PACIFIC Convenience Stores MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
9. ASIA-PACIFIC Online Channel MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
10. CHINA CONFECTIONARY MARKET SIZE, 2019-2026 ($ MILLION)
11. INDIA CONFECTIONARY MARKET SIZE, 2019-2026 ($ MILLION)
12. JAPAN CONFECTIONARY MARKET SIZE, 2019-2026 ($ MILLION)
13. SOUTH KOREA CONFECTIONARY MARKET SIZE, 2019-2026 ($ MILLION)
14. REST OF ASIA-PACIFIC CONFECTIONARY MARKET SIZE, 2019-2026 ($ MILLION)