Candies Market Outlook
The global Candies market is expected to register a growth rate of 4.1% during the forecast period from $78.1 Billion in 2024 to $107.7 Billion in 2032. The Candies market is a thriving business that is poised to keep growing and presents potential growth opportunities for companies across the industry value chain.
The comprehensive market research report presents 12-year historic and forecast data on Candies segments across 22 countries from 2021 to 2032. Key segments in the report include By Type(Chocolate, Non-chocolate, Gums), Ingredient (Sugar, Dairy Products, Nuts, Chocolate, Artificial Flavors, Food Color, Others), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specialty Retailers, Online, Others). Over 70 tables and charts showcase findings from our latest survey report on Candies markets.
Candies Market Insights, 2025
The candies market in 2025 is dynamic, balancing traditional favorites with evolving consumer preferences for healthier and more diverse options. While classic sugar-based candies remain popular, there is significant growth in categories like sugar-free, organic, and natural ingredient-based confections. The rise of functional candies infused with vitamins, botanicals, or energy-boosting ingredients reflects growing health and wellness trends. Innovation in textures and formats—such as gummies, chews, and hard candies with surprising flavor combinations—keeps consumer interest high. Seasonal and cultural celebrations continue to drive periodic sales spikes. Sustainability initiatives in ingredient sourcing and packaging, along with transparent labeling, are increasingly influential in purchase decisions.
Five Trends that will define global Candies market in 2025 and Beyond
A closer look at the multi-million global market for Candies identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Candies companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.
What are the biggest opportunities for growth in the Candies industry?
The Candies sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2030. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.
Candies Market Segment Insights
The Candies industry presents strong offers across categories. The analytical report offers forecasts of Candies industry performance across segments and countries. Key segments in the industry include- By Type(Chocolate, Non-chocolate, Gums), Ingredient (Sugar, Dairy Products, Nuts, Chocolate, Artificial Flavors, Food Color, Others), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specialty Retailers, Online, Others). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.
Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Candies market size outlook is provided for 22 countries across these regions.
Market Value Chain
The chapter identifies potential companies and their operations across the global Candies industry ecosystem. It assists decision-makers in evaluating global Candies market fundamentals, market dynamics, and disruptive trends across the value chain segments.
Scenario Analysis and Forecasts
Strategic decision-making in the Candies industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.
Asia Pacific Candies Market Analysis- A Promising Growth Arena for Business Expansion
As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.
The State of Europe Candies Industry 2025- Focus on Accelerating Competitiveness
As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Candies with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Candies market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.
The US Candies market Insights- Executives are most excited about opportunities for the US Candies industry.
Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Candies companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Candies market.
Latin American Candies market outlook rebounds in line with economic growth.
Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.
Middle East and Africa Candies Markets- New Opportunities for Companies Harnessing Diversity
Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Candies markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Candies markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.
Competitive Landscape- How Candies companies outcompete in 2025?
The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include Mars, Incorporated, The Hershey Company, Chocoladefabriken Lindt and Sprüngli AG, Perfetti Van Melle S.p.A., Nestlé S.A., Grupo Arcor S.A.I.C., Haribo GmbH and Co. KG, Mondelez International, Inc., Meiji Co., Ltd., Ferrero S.p.A., August Storck KG, ITC Limited, DS Foods Limited, Yıldız Holding A.Ş.
Candies Market Scope
Leading Segments
By Type
Chocolate
Non-chocolate
Gums
By Ingredient
Sugar
Dairy Products
Nuts
Chocolate
Artificial Flavors
Food Color
Others
By Distribution Channel
Supermarkets and Hypermarkets
Convenience Stores
Specialty Retailers
Online
Others
Leading Companies
Mars, Incorporated
The Hershey Company
Chocoladefabriken Lindt and Sprüngli AG
Perfetti Van Melle S.p.A.
Nestlé S.A.
Grupo Arcor S.A.I.C.
Haribo GmbH and Co. KG
Mondelez International, Inc.
Meiji Co., Ltd.
Ferrero S.p.A.
August Storck KG
ITC Limited
DS Foods Limited
Yıldız Holding A.Ş.
Geographies
North America- US, Canada, Mexico
Europe- Germany, France, UK, Spain, Italy, Nordics, BeNeLux, Others
Asia Pacific- China, India, Japan, South Korea, Australia, South East Asia, Others
Latin America- Brazil, Argentina, Others
Middle East and Africa- Saudi Arabia, UAE, Other Middle East, South Africa, Other Africa
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