Global Confectionery Report - Analysis of opportunities offered by high growth economies report brings together multiple data sources to provide a comprehensive overview of the global Confectionery market. It includes an analysis on global Confectionery market with consumption analysis highlighted for all regions. The report also identifies high potential countries across regions that have been identified by creating a score card with multiple parameters.
Confectionery products with functional ingredients, fair-trade claims, clear labels and interactive packaging are set to gain popularity globally; this reflects in the growth projection of over 3.6% (CAGR) reaching market valuation of US$188.8 billion by 2020.
Based on Product Launch Analytics, majority of recent product launches were seen around claims such as low calories, no additives and high calcium, high fiber, high vitamins. Besides, increasing concern of sugar intake among consumers is fueling the demand for Confectionary products with sugar free claims. Furthermore, consumers in developed countries are becoming more socially conscious and are drifting towards fair-trade certified brands and products.
The global Confectionery market in 2015 was valued at US$158.4 billion with Western Europe accounting for 29.3% value share in 2015 while Asia Pacific will be the fastest growing region at a CAGR of 6.4% during 2015-2020 with strong demand from India, China and Thailand.
The market is facing a challenging environment mounted on four key issues- healthy eating trend, shift towards e-commerce, cocoa sustainability and rising ingredient cost - that are impacting manufacturers' margins. The global Confectionery market is highly fragmented with the top 5 brands holding just 7.1% of the combined market share in 2015 and the overall market share for private label products in the global Confectionery market remains moderate at 4.2% by value as of 2015, a slight increase from 3.8% in 2010.
Sugar Confectionery continues to hold the fastest growing category title, globally in Value term. While Gum will register highest growth rate of 4.0% (CAGR) in volume terms, during the period 2015-2020.
Chocolate is quite mature in developed markets, but the category is benefitting from growing experimental attitude of consumers and manufacturers are launching products in unusual flavors such as salty/spiced Chocolates and attractive packaging like decorative gift boxes and limited edition in seasonal and holiday theme packaging. Capitalizing on consumers' desire for more experiential way of Confectionery consumption and interactive packaging that adds fun element to the product consumption such as Nestle Kit Kat with music app Shazam and Mondelez Caramelle Gommose will gain popularity.
Key Topics Covered:
- Executive Summary
- Market Overview
- Changes in Confectionery consumption patterns
- Identifying high potential countries
- Country Analysis
- Case Examples/Success Stories
- Competitive Landscape
- Key Distribution Channels
- Preferred Packaging Formats
- Arcor group
- Ferrero International
- Lotte Group
- Mondelez International
- Strauss Group
- Tiger Brands
- United Food Industries Corporation Ltd. Co.
For more information about this report visit http://www.researchandmarkets.com/research/ggcb64/global