The Asia-Pacific confectionery market is anticipated to grow with a considerable CAGR during the forecast period (2020-2026). The market across the region has undergone significant changes in the past few decades with the changing consumer preferences and rising disposable income. The increasing consumption of on to go innovative products among generation Z and millennials is mainly influencing the growth of the market across the region. In addition to this, the continuously improving economic conditions of people in the region are increasing the consumption of a premium range of confections. Additionally, the gifting trend of confections such as premium chocolates is also aiding the growing shares of the market.
Browse the full report description Asia-Pacific Confectionery Market Size, Share & Trends Analysis Report by Type (Sugar Confectionery, Chocolate Confectionery, and Bakers Confectionery), by Distribution Channel (Supermarkets/ Hypermarkets, Convenience Stores, and Online Channel,) Forecast Period 2020-2026 at https://www.omrglobal.com/industry-reports/asia-pacific-confectionery-market
Furthermore, the consciousness of consumers regarding the consumption of sugar as the obesity rate is increasing dramatically in countries such as India, China, and Japan. This, in turn, is driving the adoption of low sugar healthy confections across the region. Therefore, manufacturers including domestic as well as global companies across the region are also increasing their focus on the product with low sugar content. Additionally, the increased awareness regarding the impact of artificial colors and flavorings is also shifting the consumer's interest in confectionery products with natural ingredients. Hence, the aforementioned factors will significantly impact the growth of the Asia-Pacific confectionery market.
Market Coverage
o By Type
o By Distribution Channel
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected region
Asia-Pacific Confectionery Market Report Segment
By Type
By Distribution Channel
Asia-Pacific Confectionery Market Report Segment By Region
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