The innovation in product offering will foster the growth of the global candy market

Published: Mar 2021

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.

Browse the full report description Global Candy Market Size, Share & Trends Analysis Report By Type (Hard-Boiled Candies, Pastilles, Gums, Jellies & Chews, Toffees, Lollipop, Twist & Stick candy, and Others), By Flavor (Caramel, Chocolate, Mint, Coffee, Fruits and Other) By Distribution Channel (Supermarkets/ Hypermarkets, Convenience Stores, and Online Channel), Forecast Period 2020-2026 at https://www.omrglobal.com/industry-reports/candy-market

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.

Market Coverage

  • The market number available- 2019-2026
  • Base year- 2019
  • Forecast period- 2020-2026
  • Segment Covered- 

o By Type

o By Flavour

o By Distribution Channel

  • Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

  • Competitive Landscape- AUGUST STORCK KG, HARIBO GmbH & Co. KG, Meiji Holdings Co., Ltd., Mondelez Global LLC, The Hershey Co.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

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

Global Candy Market Report Segment

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe 

Asia-Pacific

  • China
  • India
  • Japan
  • Rest of Asia-Pacific 

Rest of the World

  • Latin America 
  • Middle East & Africa 

To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/candy-market