Candy Market Research Reports & Industry Analysis
The U.S. Commerce Department has divided candy into two different standard categories for products: non-chocolate and chocolate. Each of the two categories is then broken down into various product types and sectors. Product typing bases off of the product’s mixture of ingredients, texture, and also the comprehensive manufacturing processes. The classification applied throughout the candy industry is loosely based off of the definitions determined by the Commerce Department, even though they can be generally much more broad.
Chocolate products always have either actual chocolate as an ingredient or a chocolate mixture that applies substitutes for certain chocolate components. Generally, butter made from milk or vegetable shortening is used to replace the more luxurious and expensive product that is cocoa butter. The chocolate category also encompasses final products like chocolate candy with infusions, panned chocolate candies, or molded chocolate candies.
Non-chocolate products are defined through the government as the entire confectionery products that do not have actual chocolate or a chocolate compound as an ingredient in the mixture. The non-chocolate category encompasses candies like hard candies, jelly beans, marshmallows, and licorice.
Candy production is mainly a seasonal business, with the majority of those involved in the market normally doubling their staffs during the winter months. Until very recently, candies made for a specific occasion or holiday – candy canes for Christmas or like in Easter with chocolate eggs, for example –were the bread and butter of specialty manufacturers. Recently, though, the major players and manufacturers have shifted into the seasonal business with specific packages for those special, important events.
Customers have turned into very health-conscious eaters and prioritize the reduction of intake in sugar, other potentially harmful ingredients, and fat. Candy manufacturers have responded by creating a wide range of sugar-free candies that, because of technological innovations in sweetening products, still provide customers the sweetness they desire. Marketers also keep looking for tasteful substitutes for the saturated fat in chocolate.
Candy Industry Research & Market Reports
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Colombia Gum
... trade sources, consumers’ oral care concerns and a desire to reduce their sugar consumption underpinned declines in retail volume sales. The downturn in demand is expected to continue for chewing gum and bubble gum over ... Read More
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Egypt Gum
... such as sugar, which were passed onto end consumers. At the same time, supply chain disruptions, exacerbated by the Red Sea crisis, caused a shortage of imported ingredients, such as flavourings, which together with currency ... Read More
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Global Vitamin Candy Market Growth 2024-2030
... Candy is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period. The research report highlights the growth potential of the global Vitamin Candy market. Vitamin Candy ... Read More
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Egypt Chocolate Confectionery
... demand is being curtailed by substantial increases in unit prices, in the light of the low availability of imported raw materials, such as cocoa and butter. This in turn, is due to a number of ... Read More
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Peru Gum
... shortfall is the impact of price increases. While price increases have moderated compared to the steep rises seen in 2023, they still remain high relative to expected inflation levels. This has likely deterred consumers from ... Read More
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Switzerland Chocolate Confectionery
... to continued increases in product prices. While all categories witnessed significant current value growth, this was largely due to the increases in unit price. Some raw materials, such as milk and sugar, are protected, so ... Read More
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Switzerland Sugar Confectionery
... conscious consumers from purchasing such products. Moreover, the category is exposed to the same threats as certain other types of impulse snacks in the form of the generalisation of self-checkout areas at the retail level ... Read More
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Azerbaijan Sugar Confectionery
... a reduction in the rate of inflation. The latter factor has also helped to strengthen confidence and purchasing power among the population, however, hence overall retail volume sales growth is expected to be up modestly ... Read More
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Portugal Chocolate Confectionery
... of raw ingredients, such as cocoa and sugar. In turn, these higher manufacturing costs have ultimately resulted in higher unit prices. However, consumers have not abandoned the category. Rather, we are seeing some changes in ... Read More
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Peru Sugar Confectionery
... innovation in boiled sweets compared to lollipops. The latter has seen new versions introduced, featuring light and tongue-colouring, which captivates consumers' attention. Euromonitor International's Sugar Confectionery in Peru report offers in-depth knowledge of the market ... Read More
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Argentina Gum
... should be seen against the backdrop of the slump in demand in 2020 as consumers worked and studied at home and travel and socialisation were heavily restricted. Over 2024, a sharp decrease in retail volume ... Read More
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Argentina Chocolate Confectionery
... fell much more slowly than for other types of confectionery in 2020 in the wake of the Coronavirus (COVID-19) pandemic years. The market size remained higher than in 2019 in a country blighted by an ... Read More
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Sweden Gum
... must pay attention to delivering value-added benefits. It is noteworthy that chewing gum in Sweden is seeing innovation and advancing health claims, as manufacturers seek to capture consumer interest. Players also tend to offer different ... Read More
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The United Arab Emirates Sugar Confectionery
... with confectionery that offers moments of enjoyment and satisfaction. In addition, the growing influence of global confectionery trends, combined with the proliferation of social media and digital platforms, has heightened awareness and demand for innovative ... Read More
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Confectionery Packaging in South Korea
... in 2023, as this offers versatility and adaptability, allowing for the production of various shapes and sizes to accommodate different chocolate confectionery products, from tablets, to individual pieces such as countlines. Its lightweight nature ensures ... Read More
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Israel Sugar Confectionery
... as one of the main ingredients in products in the category is sugar. The increase in prices has undermined demand in an already budget conscious environment, in which consumers were increasingly focusing on essentials. As ... Read More
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Chile Sugar Confectionery
... the practice of reducing the size or quantity of a product while maintaining its price, effectively passing on the cost burden to consumers in a subtle manner. Amid rising production costs, including raw materials, transportation, ... Read More
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Nigeria Sugar Confectionery
... power and are thus prioritising core and essential products when grocery shopping. With the local currency depreciating, unit prices have risen substantially in response to higher import and raw material costs. These conditions are also ... Read More
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Chile Chocolate Confectionery
... directly impact production costs for chocolate manufacturers. When the cost of cocoa rises, chocolate producers in Chile are compelled to adjust their pricing strategies to maintain profitability, which often translates to higher retail prices for ... Read More
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Mexico Sugar Confectionery
... of sweets and chocolate in Latin America. Local consumers’ love of confectionery has not changed, but the amount of sugar they consume daily has seen a decrease. This development responds to mass government efforts directed ... Read More
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Nigeria Chocolate Confectionery
... prices. Current value sales are climbing high as unit prices rise steeply, driven by depreciation of the local currency as well as other local factors contributing to high inflation in 2024. The category’s weak performance ... Read More
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Mexico Gum
... overall performance is heavily influenced by that of the dominant category, chewing gum, which is set to post slightly higher than average increases in retail volume and current value growth. Meanwhile, bubble gum is expected ... Read More
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Norway Sugar Confectionery
... of the mature segments within the overall category. The general perception of sugar confectionery limits growth, and there is likely to be continued moderate decline in terms of retail volume sales during the forecast period. ... Read More
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Mexico Chocolate Confectionery
... significant and continues to affect manufacturer, retailer and consumer responses and choices. High inflation increases the costs of raw materials like cocoa and prices of products. This is set to see retail current value sales ... Read More
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Israel Chocolate Confectionery
... confectionery market. In May 2023, Diplomat increased the prices of many of its products by up to 25%, including Milka. In August 2023, Strauss raised the prices of its chocolate tablet brand, Splendid, by up ... Read More