Hard Candies Market SWOT Analysis by 2031
Hard candy is a sugar candy made from various sugar-based syrups that are boiled to a very high temperature to form candy. Most hard candy is entirely sugar by weight, with a negligible amount of other ingredients for flavor or color, and significantly less water content in the final product.
MARKET DYNAMICS
The hard candies market has witnessed a significant growth owing to the increasing demand for hard candies not only among the children but also the adults. Moreover, the wide rangle of products offered are estimated to boost the hard candies market in the coming years. Increasing innovations in the flavors of hard candies provides a huge market opportunity for the key players operating in the hard candies market.
MARKET SCOPE
The "Global Hard Candies Market Analysis to 2031" is a specialized and in-depth study of the Food and Beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the hard candies market with detailed market segmentation by type, distribution channel, and geography. The global hard candies market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading hard candies market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global hard candies market is segmented on the basis of type and distribution channel. On the basis of type, the hard candies market is segmented into pop rocks, lollipop, and traditional. Based on distribution channel the global hard candies market is divided into hypermarket/supermarket, specialty stores, online, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Hard candies market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Hard candies market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Hard candies market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Hard candies market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Hard candies market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Hard candies market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Hard candies market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Hard candies market in these regions.
MARKET PLAYERS
The reports cover key developments in the Hard candies market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Hard candies market are anticipated to lucrative growth opportunities in the future with the rising demand for Hard candies in the global market. Below mentioned is the list of few companies engaged in the Hard candies market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Hard candies market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Dum Dums
Ferrara Candy Company
MARS
Pop Rocks
Skittles
The Hershey Company
Tootsie Roll Inc.
UHA Mikakuto Co.,Ltd
YumEarth
Zollipops
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Hard Candies Market - By Type
1.3.2 Hard Candies Market - By Distribution Channel
1.3.3 Hard Candies Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. HARD CANDIES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. HARD CANDIES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. HARD CANDIES MARKET - GLOBAL MARKET ANALYSIS
6.1. HARD CANDIES - GLOBAL MARKET OVERVIEW
6.2. HARD CANDIES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. HARD CANDIES MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. POP ROCKS
7.3.1. Overview
7.3.2. Pop Rocks Market Forecast and Analysis
7.4. LOLLIPOP
7.4.1. Overview
7.4.2. Lollipop Market Forecast and Analysis
7.5. TRADITIONAL
7.5.1. Overview
7.5.2. Traditional Market Forecast and Analysis
8. HARD CANDIES MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. HYPERMARKETS/SUPERMARKETS
8.3.1. Overview
8.3.2. Hypermarkets/Supermarkets Market Forecast and Analysis
8.4. SPECIALTY STORES
8.4.1. Overview
8.4.2. Specialty Stores Market Forecast and Analysis
8.5. ONLINE
8.5.1. Overview
8.5.2. Online Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. HARD CANDIES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Hard Candies Market Overview
9.1.2 North America Hard Candies Market Forecasts and Analysis
9.1.3 North America Hard Candies Market Forecasts and Analysis - By Type
9.1.4 North America Hard Candies Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Hard Candies Market Forecasts and Analysis - By Countries
9.1.5.1 United States Hard Candies Market
9.1.5.1.1 United States Hard Candies Market by Type
9.1.5.1.2 United States Hard Candies Market by Distribution Channel
9.1.5.2 Canada Hard Candies Market
9.1.5.2.1 Canada Hard Candies Market by Type
9.1.5.2.2 Canada Hard Candies Market by Distribution Channel
9.1.5.3 Mexico Hard Candies Market
9.1.5.3.1 Mexico Hard Candies Market by Type
9.1.5.3.2 Mexico Hard Candies Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Hard Candies Market Overview
9.2.2 Europe Hard Candies Market Forecasts and Analysis
9.2.3 Europe Hard Candies Market Forecasts and Analysis - By Type
9.2.4 Europe Hard Candies Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Hard Candies Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Hard Candies Market
9.2.5.1.1 Germany Hard Candies Market by Type
9.2.5.1.2 Germany Hard Candies Market by Distribution Channel
9.2.5.2 France Hard Candies Market
9.2.5.2.1 France Hard Candies Market by Type
9.2.5.2.2 France Hard Candies Market by Distribution Channel
9.2.5.3 Italy Hard Candies Market
9.2.5.3.1 Italy Hard Candies Market by Type
9.2.5.3.2 Italy Hard Candies Market by Distribution Channel
9.2.5.4 United Kingdom Hard Candies Market
9.2.5.4.1 United Kingdom Hard Candies Market by Type
9.2.5.4.2 United Kingdom Hard Candies Market by Distribution Channel
9.2.5.5 Russia Hard Candies Market
9.2.5.5.1 Russia Hard Candies Market by Type
9.2.5.5.2 Russia Hard Candies Market by Distribution Channel
9.2.5.6 Rest of Europe Hard Candies Market
9.2.5.6.1 Rest of Europe Hard Candies Market by Type
9.2.5.6.2 Rest of Europe Hard Candies Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Hard Candies Market Overview
9.3.2 Asia-Pacific Hard Candies Market Forecasts and Analysis
9.3.3 Asia-Pacific Hard Candies Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Hard Candies Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Hard Candies Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Hard Candies Market
9.3.5.1.1 Australia Hard Candies Market by Type
9.3.5.1.2 Australia Hard Candies Market by Distribution Channel
9.3.5.2 China Hard Candies Market
9.3.5.2.1 China Hard Candies Market by Type
9.3.5.2.2 China Hard Candies Market by Distribution Channel
9.3.5.3 India Hard Candies Market
9.3.5.3.1 India Hard Candies Market by Type
9.3.5.3.2 India Hard Candies Market by Distribution Channel
9.3.5.4 Japan Hard Candies Market
9.3.5.4.1 Japan Hard Candies Market by Type
9.3.5.4.2 Japan Hard Candies Market by Distribution Channel
9.3.5.5 South Korea Hard Candies Market
9.3.5.5.1 South Korea Hard Candies Market by Type
9.3.5.5.2 South Korea Hard Candies Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Hard Candies Market
9.3.5.6.1 Rest of Asia-Pacific Hard Candies Market by Type
9.3.5.6.2 Rest of Asia-Pacific Hard Candies Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Hard Candies Market Overview
9.4.2 Middle East and Africa Hard Candies Market Forecasts and Analysis
9.4.3 Middle East and Africa Hard Candies Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Hard Candies Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Hard Candies Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Hard Candies Market
9.4.5.1.1 South Africa Hard Candies Market by Type
9.4.5.1.2 South Africa Hard Candies Market by Distribution Channel
9.4.5.2 Saudi Arabia Hard Candies Market
9.4.5.2.1 Saudi Arabia Hard Candies Market by Type
9.4.5.2.2 Saudi Arabia Hard Candies Market by Distribution Channel
9.4.5.3 U.A.E Hard Candies Market
9.4.5.3.1 U.A.E Hard Candies Market by Type
9.4.5.3.2 U.A.E Hard Candies Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Hard Candies Market
9.4.5.4.1 Rest of Middle East and Africa Hard Candies Market by Type
9.4.5.4.2 Rest of Middle East and Africa Hard Candies Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Hard Candies Market Overview
9.5.2 South and Central America Hard Candies Market Forecasts and Analysis
9.5.3 South and Central America Hard Candies Market Forecasts and Analysis - By Type
9.5.4 South and Central America Hard Candies Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Hard Candies Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Hard Candies Market
9.5.5.1.1 Brazil Hard Candies Market by Type
9.5.5.1.2 Brazil Hard Candies Market by Distribution Channel
9.5.5.2 Argentina Hard Candies Market
9.5.5.2.1 Argentina Hard Candies Market by Type
9.5.5.2.2 Argentina Hard Candies Market by Distribution Channel
9.5.5.3 Rest of South and Central America Hard Candies Market
9.5.5.3.1 Rest of South and Central America Hard Candies Market by Type
9.5.5.3.2 Rest of South and Central America Hard Candies Market by Distribution Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. HARD CANDIES MARKET, KEY COMPANY PROFILES
11.1. DUM DUMS
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. FERRARA CANDY COMPANY
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. MARS
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. POP ROCKS
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. SKITTLES
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. THE HERSHEY COMPANY
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. TOOTSIE ROLL INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. UHA MIKAKUTO CO.,LTD
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. YUMEARTH
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. ZOLLIPOPS
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Dum Dums
2. Ferrara Candy Company
3. MARS
4. Pop Rocks
5. Skittles
6. The Hershey Company
7. Tootsie Roll Inc.
8. UHA Mikakuto Co.,Ltd
9. YumEarth
10. Zollipops
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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