Candy Market

Candy market: enjoy the most recent information provided by an Ai-driven market research platform. Information provide trade, companies, production, market size, market prices, consumption, exports, and imports. Here is a breakdown by region, including the U.K., the U.S., the Middle East, Africa, EU, China, Latin America, and Russia. Market insights and forecast to 2030 are also featured in the dashboards.

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Candy - World's Largest Markets

In value terms, the largest candy, sweets, and nonchocolate confectionery markets worldwide were the United States, China and the UK, together comprising 40% of the global market. Indonesia, Pakistan, Germany, Russia, Nigeria, Mexico, Ethiopia, Brazil, Bangladesh and India lagged somewhat behind, together comprising a further 17%.

Among the main consuming countries, Ethiopia recorded the highest rates of growth with regard to market size, over the period under review, while candy, sweets, and nonchocolate confectionery market for the other global leaders experienced more modest paces of growth.

Candy, Sweets, and Nonchocolate Confectionery Prices

Candy, Sweets, and Nonchocolate Confectionery - Top Importers

In value terms, the United States ($2.4B) constitutes the largest market for imported candies, sweets, and nonchocolate confectionery worldwide, comprising 19% of global imports. The second position in the ranking was occupied by Germany ($806M), with a 6.3% share of global imports. It was followed by the UK, with a 5.8% share.

In the United States, candy, sweets, and nonchocolate confectionery imports expanded at an average annual rate of +9.2% over the period from 2019-2021. In the other countries, the average annual rates were as follows: Germany (+2.3% per year) and the UK (+7.7% per year).

Candy, Sweets, and Nonchocolate Confectionery - Top Exporters

In value terms, the largest candy, sweets, and nonchocolate confectionery supplying countries worldwide were Germany ($1.6B), China ($1B) and Belgium ($878M), together accounting for 27% of global exports.

Belgium recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Candy, Sweets, and Nonchocolate Confectionery - Market Forecast

Driven by rising demand for candy, sweets, and nonchocolate confectionery worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Candy, Sweets, and Nonchocolate Confectionery - Top Companies

Südzucker AG, EZAKI GLICO CO.,LTD., Nordzucker AG, Ferrero OHG mbH, E I D PARRY (INDIA) LIMITED, SPC Samrib Co., Ltd., MORINAGA & CO., LTD., August Storck KG, Mars Wrigley Confectionery (China) Co., Ltd, SUDANESE SUGAR COMPANY LTD., NORDZUCKER GmbH & Co. KG, Mars GmbH, THE WRIGLEY CONFECTIONERY COMPANY PTY LIMITED, ULKER BISKUVI SANAYI ANONIM SIRKETI, MONDELEZ AUSTRALIA HOLDINGS PTY LTD, Mars Chocolate North America, LLC, SUGAR CORPORATION OF UGANDA LTD, MAYORA INDAH, PT TBK, ARCOR S.A.I.C., SHREE RENUKA SUGARS LIMITED

Candy - Product Coverage

• HS 170410 - Sugar confectionery; chewing gum, whether or not sugar-coated, not containing cocoa
• HS 170490 - Sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa

Source: IndexBox Market Intelligence Platform