DUBLIN--(BUSINESS WIRE)--The "Opportunities in the Global Confectionery Sector to 2024" report has been added to ResearchAndMarkets.com's offering.
The global confectionery sector was valued at US$193.2 billion in 2019 and is forecast to record a CAGR of 2.6% during 2019-2024 to reach US$219.5 billion by 2024.
A total of 109 countries were analyzed based on risk-reward analysis to identify 10 high-potential countries by region. The high-potential countries identified include Indonesia, Vietnam, Saudi Arabia, Canada, The US, Mexico, The Netherlands, Spain, Poland and Russia.
Of the top 10 high-potential countries, the US was the leading confectionery market in 2019. Confectionery with health & wellness claims accounted for 16.3% of the overall global sector sales in 2019. The top five companies in the global confectionery sector accounted for 44.9% value share in 2019. The sector is led by Mars Incorporated, which held a share of 13.8%, followed by Mondelez International, Inc, Nestle SA, Ferrero and The Hershey Co, which accounted for shares of 12.6%, 6.8%, 6.2%, and 5.5%, respectively.
Artisanal producers and private labels held shares of 0.5% and 3.9%, respectively, in the same year Hypermarkets & supermarkets was the leading channel for the distribution of confectionery, with 42.1% value share globally in 2019, followed by convenience stores with 29.6% share. Flexible packaging was the most used pack material in the confectionery sector, accounting for 79.3% of the volume share in 2019, followed by rigid plastics with 15.4% share.
Scope
- Provides an overview of current industry scenario regarding the future outlook in terms of ingredients, product claims, labeling, and packaging.
- The analysis also covers regional overview across five regions - Asia-Pacific, Middle East & Africa, Americas, Western Europe, and Eastern Europe - highlighting industry size, growth drivers, latest developments, and future inhibitors for the regions.
Reasons to Buy
- To have a thorough fact based analysis with information about the global Confectionery industry across the five regions in value terms and the underlying factors that are driving the sales.
- To gain confidence to make the correct business decisions based on a detailed analysis of the industry and to identify high potential countries over the next 5 years.
- The analysts have placed a significant emphasis on the mega trends that drive consumer choice and will provide a clear picture about the future opportunities that can be explored across the regions, resulting in revenue expansion.
- To gain competitive intelligence about leading brands in the industry at global and regional level with information about their sector share, business descriptions and product profiles
Key Topics Covered:
Executive Summary
Part 1: Sector Overview
- Current Scenario and Future Outlook
- Global confectionery Sector Overview - What Are the Growth Drivers, Latest Developments, and Future Inhibitors?
- Regional confectionery Overview - What Are the Growth Drivers, Latest Developments, and Future Inhibitors?
- Key Challenges in the Global confectionery Sector
Part 2: Shift In Food Consumption Patterns
- Change in Consumption Levels in the Overall Food Industry, 2014-2024
- Reasons for Shift in Consumption Patterns
Part 3: Identifying High-Potential Countries
- Analysis of 10 Countries on the Basis of Risk-Reward Analysis (Market Assessment, Economic Development, Socio-Demographic, Governance Indicators, and Technological Infrastructure)
Part 4: Country Deep Analysis
- High-Potential Country Analysis
- Future Outlook
Part 5: Health & Wellness Analysis - Global and Regional Level
- Value share analysis of health & wellness market
- Health & wellness market growth analysis by Region
- Key product attributes
- Key consumer benefits
- Leading health & wellness companies by category
Part 6: Competitive Landscape
- Leading Companies by Value - Global
- Leading companies and brands share analysis - Global
- Leading companies and brands share analysis by Region
Part 7: Competitive Landscape - Market Analysis
Part 8: Market Share of Private Label
- Private Label share analysis by Region
- Private Label share analysis by Region
Part 9: Key Distribution Channels
- Share of Key Distribution Channels - Global and Regional Level
Part 10: Key Packaging Formats
- Growth analysis by key pack material and pack type
- Growth analysis by closure type and primary outer type
Appendix
Companies Mentioned
- Mars, Incorporated
- Mondelez International, Inc
- Nestle SA
- Ferrero
- The Hershey Co
- Perfetti Van Melle SpA
- Chocoladefabriken Lindt & Sprungli AG
- Haribo GmbH & Co. KG
- Lotte Co., Ltd.
- Yildiz Holding AS
- August Storck Kg
- Ferrara
For more information about this report visit https://www.researchandmarkets.com/r/i52nne
