About Sugar Confectionary

Sugar confectionery products have a high amount of sugar or sweetener. They are
generally consumed as snack food. The global sugar confectionery market is divided
into six major segments based on product type: hard-boiled sweets, caramels and
toffees, gums and jellies, medicated confectionery, mints, and others. Sugar
confectionery products are made available to consumers through hypermarkets and
supermarkets, independent retailers, convenience stores, discounters, branded
retail stores, and others.

The analysts forecast the global sugar confectionery market to grow at a CAGR of
3.76% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global sugar
confectionery market for the period 2016-2020.

To calculate the market size, the report considers the revenue generated through
retail sales of sugar confectionery products in terms of product types such as hard-
boiled sweets, caramels and toffees, gums and jellies, medicated confectionery,
mints, and other sugar confectionery.

The market is divided into the following segments based on geography:

- Americas
- APAC
- Europe
- MEA

The report, Global Sugar Confectionary Market 2016-2020, has been prepared
based on an in-depth market analysis with inputs from industry experts. The report
covers the market landscape and its growth prospects over the coming years. The
report also includes a discussion of the key vendors operating in this market.

Key vendors:

- Ferrara Candy
- HARIBO
- Mondelez International
- Nestl
- Perfetti Van Melle
- Wrigley
Other prominent vendors:

- Adams and Brooks Candy

- Albanese Confectionery Group
- American Licorice
- Anthony-Thomas Candy
- Arcor
- Atkinson Candy
- August Storck
- Bahlsen
- Boyer Brothers
- Bourbon
- Brown and Haley
- Cloetta
- Crown Confectionery
- Doumak
- Enstrom Candies
- Ezaki Glico
- Ferrero
- General Mills
- Hammond's Candies
- Hershey
- Jelly Belly Candy
- Just Born
- Lindt & Sprungli
- Lotte
- Meiji
- Orion
- Orkla
- Pearson's Candy
- Roshen Confectionery
- Spangler Candy
- United Confectionery
- WM Wrigley JR
- Yildiz Holding
- Zachary Confections

Market drivers

- Growing retail market

- For a full, detailed list, view the full report

Market challenges
- Strong trend toward health and wellness
- For a full, detailed list, view the full report

Market trends

- Demand for premium products

- For a full, detailed list, view the full report

Key questions answered in this report

- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

- Ferrara Candy
- HARIBO
- Mondelez International
- Nestl
- Perfetti Van Melle
- Wrigley
- Adams and Brooks Candy
- Albanese Confectionery Group
- American Licorice
- Anthony-Thomas Candy
- Arcor
- Atkinson Candy
- August Storck
- Bahlsen
- Boyer Brothers
- Bourbon
- Brow
Confectioneries are regularly consumed on an everyday basis. The confectionery
market can be divided into three major categories: chocolates, gums, and sugar
confectioneries.

The report forecasts the global confectionery market to grow at a CAGR of 2.68%
over the period 2014-2019.
Chocolate Confectionery in India
TRENDS

The majority of manufacturers, including Mars International India Pvt Ltd and
Mondelez India Foods Ltd, are expanding their premium chocolate confectionery
offers in India. Premium chocolate products are mostly available in modern retail
channels, such as hypermarkets, supermarkets, and chemists/druggists across India,
though they are also slowly penetrating rural India as well.

COMPETITIVE LANDSCAPE

Mondelez India Foods Ltd remained the largest player in chocolate confectionery in
India in 2016, holding a 49% value share. While increasing penetration and the launch
of smaller SKUs helped Mondelez achieve 8% value growth in chocolate
confectionery in 2016, the company lost share during the year, with smaller players,
outside the top eight, making notable gains.

PROSPECTS

Chocolate confectionery value sales are expected to see a constant value CAGR of 8%
over 2016-2021, to reach INR162 billion. Increasing availability in rural India and an
expanded offer will contribute to chocolate confectionery growth during the forecast
period.

Confectionery in Asia Pacific

Confectionery in Asia Pacific witnessed a slowdown over the last
couple of years, driven by weakening demand in China. This was
partially offset by the strong performance of India, where
international confectionery players are expanding their,
predominantly premium, product offer. Indeed India generated
almost as much in additional sales over 2011-2016 as China, despite
the market being five times smaller. Ferrero saw amongst biggest
growth in the region, followed by Cadbury and Galaxy/Dove.

INDIA CONTRIBUTED ALMOST AS MUCH

AS CHINA TO THE REGIONS ABSOLUTE
GROWTH IN CONFECTIONERY SALES
OVER 2011-2016, MAKING IT AN
IMPORTANT MARKET IN WHICH TO
OPERATE
Indias confectionery market is five time smaller than Chinas, but is increasing in
importance. It has received a lot of interest from multinationals seeking to increase
penetration and ramp up production. International manufacturers dominate the Indian
confectionery market, with the top four holding a market share of almost 60% in
2016. Their brands have a strong image among urban households, as well as broad
availability. However, international brands shares are falling year-on-year due to the
increasing availability of domestic brands.

CHINESE MARKET SLOWED DOWN OVER THE LAST TWO YEARS BUT
EXPECTED TO PICK UP AGAIN

The Chinese confectionery market saw declines in 2015 and 2016, owing to Chinas
economic slowdown, as well as consumers reducing confectionery intake for health
reasons. New product development in chocolate was limited in 2016 compared to
other snack foods, such as nuts, as many leading confectionery manufacturers have
cut their budgets for product innovation. This has led to a slowdown in demand, as
consumers are typically drawn to novel line extensions. The Chinese market is,
however, expected to recover, albeit at a slower rate than seen previously.

BUBBLE GUM LOSING THE MOST ACROSS CONFECTIONERY

Strong declines in bubble gum were seen across Japan and China, due to an ageing
population. While gum remains popular among some young urban consumers, it is
increasingly seen as impolite among society as a whole.

INTERNATIONAL CHOCOLATE BRANDS HAVE OUTPERFORMED THE

COMPETITION

Ferrero, Galaxy/Dove and Cadbury have seen strong growth in the region, in what is a
fragmented and competitive market. Premium positionings and gift giving have
helped drive growth, and all three companies have expressed continued commitment
to investing in the region.

The global confectionery industry revenue is estimated to reach $176 billion by 2018 with a CAGR of 3.0% over the
next five years (2013-2018). Rising disposable income, increasing awareness of health and wellness, higher
population, and consumer spending are the major industry drivers.

A total of 48 figures / charts and 12 tables are provided in this report to help in your business decisions. Sample
figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details
of the confectionery market report, download the report brochure.
This study provides an overview of the global confectionery market, tracking three market segments of that industry in
four geographic regions. Thus, a total of 12 segments of the global confectionery industry are tracked. The report
studies the manufacturers of chocolate confectionery, sugar confectionery, and gum, cereal bars and other
confectionery. It provides a five-year annual trend and forecast analysis that highlights market size, profit, and cost
structure as well as opportunities for the regions of North America, Europe, APAC, and Rest of the World.

The industry consists of sales of chocolate confectionery, sugar confectionery, gum, cereal bars, and other
confectionery. Europe has the highest regional share among all the regions. Asia Pacific (APAC) emerged as the
most growth potential region over 2007-2012, driven by growing population and GDP growth in developing nations. A
combination of factors such as rising population and consumer spending affects market dynamics significantly.

As per the study, introduction of confectionery categories and new product variants of different tastes are ensuring
higher acceptability of these products. Increasing urbanization, hectic lifestyles, and more women in the workforce
globally are increasing the demand for confectionery food. The biggest challenges for the industry include health
issues, as well as inflation, employment rate, increasing government regulation, and changing consumer preferences,
 among others. The chocolate segment is forecast to witness the highest growth during 2013-2018. Special occasions
and celebrations are expected to increase confectionery sales.

This comprehensive guide from Lucintel provides readers with valuable information and the tools needed to
successfully drive critical business decisions with a thorough understanding of the markets potential. This report will
save Lucintel clients hundreds of hours in personal research time on a global market and it offers significant benefits
in expanding business opportunities throughout the global Confectionery industry analysis. In a fast-paced ever-
changing world, business leaders need every advantage available to them in a timely manner to drive change in the
market and to stay ahead of their competition. This report provides business leaders with a keen advantage in this
regard by making them aware of emerging trends and demand requirements on an annual basis.

Some of the features of Growth Opportunities in the Global Confectionery Market report are:

Confectionery market size estimates in terms of (US $) value by regions and segments
Global confectionery market analysis annual trend (2007-2012) and forecast (2013-2018)
Porters Five Force analysis
New product launch and merger and acquisition activity in global confectionery market analysis
Quarterly demand trend (Q1 2011-Q4 2012) and forecast analysis (Q1 2013-Q4 2014) for global
confectionery market analysis
Gross and net profit trends in the global confectionery market analysis
Cost structure trend in the global as well as regional confectionery analysis
More than 48 valuable figures/charts and 12 tables are provided in this report