Confectionery Market

Confectionery market: read the latest data featured by an Ai-driven BI tool. Data contain imports, market size, exports, companies, trade, market prices, consumption, and production. There is a split by region, including the Middle East, the U.K., Russia, China, EU, the U.S., Latin America, and Africa. Market insights and forecast to 2030 are also featured in the reports.

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Confectionery - World's Largest Markets

In value terms, China, the United States and Japan constituted the countries with the highest levels of market value in 2020, with a combined 36% share of the global market. These countries were followed by India, Germany, Pakistan, Brazil, Indonesia, Nigeria, Mexico, Russia, Ethiopia and Bangladesh, which together accounted for a further 23%.

Pakistan saw the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while confectionery market for the other global leaders experienced more modest paces of growth.

Confectionery Prices

Confectionery - Top Importers

In value terms, the United States ($6.1B), Germany ($4.5B) and France ($3.5B) were the countries with the highest levels of imports in 2020, together accounting for 27% of global imports. The UK, the Netherlands, Belgium, Poland, Canada, Italy, Russia, China, Spain and Japan lagged somewhat behind, together comprising a further 34%.

Japan recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Confectionery - Top Exporters

In value terms, the largest confectionery supplying countries worldwide were Germany ($7.2B), the Netherlands ($5.5B) and Belgium ($4.1B), with a combined 32% share of global exports. These countries were followed by Poland, Italy, France, Canada, the United States, Cote d'Ivoire, Mexico, Spain, Turkey and Russia, which together accounted for a further 35%.

Cote d'Ivoire recorded the highest growth rate of 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.

Confectionery - Market Forecast

Driven by increasing demand for confectionery worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Confectionery - Product Coverage

• HS 180310 - Cocoa; paste, not defatted
• HS 180320 - Cocoa; paste, wholly or partly defatted
• HS 1804 - Cocoa; butter, fat and oil
• HS 1805 - Cocoa; powder, not containing added sugar or other sweetening matter
• HS 180610 - Cocoa; powder, containing added sugar or other sweetening matter
• HS 180620 - Chocolate & other food preparations containing cocoa; in blocks, slabs or bars weighing more than 2kg or in liquid, paste, powder, granular or other bulk form in containers or immediate packings, content exceeding 2kg
• HS 180631 - Chocolate and other food preparations containing cocoa; in blocks, slabs or bars, filled, weighing 2kg or less
• HS 180632 - Chocolate and other food preparations containing cocoa; in blocks, slabs or bars, (not filled), weighing 2kg or less
• HS 180690 - Chocolate and other food preparations containing cocoa; n.e.s. in chapter 18
• 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