The Candy Market is expected to register a CAGR of 4.5% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The Candy market is segmented by product type into Chocolate Candy and Non-Chocolate Candy. It is also segmented by distribution channel into Supermarkets and Hypermarkets, Convenience Stores, Specialist Retailers, and Online Retail. The market evaluation is presented in USD for each segment, with a regional breakdown covering major global regions.
The report Candy Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
The regional trends and factors influencing the Candy Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Candy Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
Report Attribute | Details |
---|---|
Market size in 2024 | US$ XX million |
Market Size by 2031 | US$ XX Million |
Global CAGR (2025 - 2031) | 4.5% |
Historical Data | 2021-2023 |
Forecast period | 2025-2031 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The Candy Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Candy Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The research report on the Candy Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
The leading players are: Perfetti Van Melle Group B.V., Mondelez International, Inc.,, Mars, Incorporated, Haribo GmbH & Co. KG, Nestle S.A., The Hershey Company, Ferrero Group, Cloetta Ab, Grupo Arcor, Ferrara Candy Co
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
Among such key trends that shall shape the future of the candy market are premium and artisanal candies, so to speak, where one is looking for high quality, unique, and handcrafted products, and growing popularity of personalization or customized candies based on individual needs and preferences. Integration of technology is also transforming the face of the industry through such experiences as augmented and virtual reality and drives innovation in product production through data analytics. The growing health consciousness has led to increased demand in functional candies, delivering benefits to consumers' health. Some of these trends are currently remodeling the candy market and opening more opportunities for industries
Candy Market Market is expected to grow at a CAGR of 4.5% between 2023-2031
Various factors fuel the growth of the global candy market. Firstly, growing disposable incomes, especially in developing countries, expose more consumers to the freedom of spending on indulgent goods. Secondly, urbanization and westernization of life increase the demand for easy and convenient ready-to-eat snacks. Thirdly, innovative product launches, including sugar-free, organic, and functional candies, move in accordance with the new preferences of consumers. Last but not least, e-commerce now extends the reach and convenience of the market for manufacturers as well as consumers.