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FAQ's
Answer : According to Precedence Research, the global confectionery market size was reached at US$ 235.5 billion in 2020 and is expected to surpass US$ 298.2 billion by 2030.
Answer : The global confectionery market is growing at a compound annual growth rate (CAGR) of 2.4% from 2021 to 2030.
Answer : Rising disposable income, changing consumer tastes and preferences and growing demand for the organic chocolate are the driving factors of the confectionery market.
Answer : The major players operating in the confectionery market includes Nestle S.A., The Hershey Company, Mars Incorporated, Ferrero Group, Mondelez International, Inc., HariboGmbh& Co. K.G., Barry Callebaut, Meiji Holdings, Pladis Global, Chocoladefabriken Lindt &Sprungli AG, Ezaki Glico Co. Ltd.
Answer : The Europe region will lead the global confectionery market in the forecast period.
Answer : The types of the confectionery market includes chocolate, sugar confectionery, gums & jellies, mints and others
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