Global Sugar And Confectionery Products Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Sugar And Confectionery Products Market Report by The Business Research Company covers sugar and confectionery products market drivers and restraints, sugar and confectionery products market size, major players, and the impact of COVID-19 on the sugar and confectionery products market.
The sugar and confectionery products market consists of sales of sugar and confectionery products by entities (organizations, sole traders and partnerships) that produce sugar and confectionery products. The companies in the sugar and confectionery products industry process agricultural inputs such as sugarcane, beet and cacao into sugar and confectionery products such as chocolate, and package and distribute them through various distribution channels to both individual customers and commercial establishments. The sugar and confectionery products market is segmented into sugar and confectionery products.
The sugar and confectionery product manufacturing market growth is aided by stable economic growth forecasted in many developed and developing countries.
The global sugar and confectionery products market is expected to grow from $341.62 billion in 2020 to $360.11 billion in 2021 at a compound annual growth rate (CAGR) of 5.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $475.65 billion in 2025 at a CAGR of 7%.
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Some sugar and confectionery products market trends include confectionery manufactures adding naturally occurring herbs and spices flavor in confectionery market. Innovation has been key to the development of the confectionery market. According to the United States, Food and Drug Administration the term natural flavor or natural flavoring means the essential oil, oleoresin, essence or extractive, protein hydrolysate, distillate, or any product of roasting, heating or enzymolysis, which contains the flavoring constituents derived from a spice, fruit or fruit juice, vegetable or vegetable juice, etc. Using herbs and spices give manufacturer give innovation of new and unique taste profiles.
Global sugar and confectionery products market segments include:
1) By Type: Sugar, Confectionery Product.
2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others.
Subsegments Covered: Chocolate Confectionery, Sugar Confectionery, Gum Confectionery.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest global sugar and confectionery products market share.
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The Sugar And Confectionery Products Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides sugar and confectionery products market overviews, analyzes and forecasts market size, share, sugar and confectionery products market players, sugar and confectionery products market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The sugar and confectionery products market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Sugar And Confectionery Products Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Cargill, Tereos, Nordzucker Group AG, E.I.D Parry Limited, Sudzucker.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Sugar And Confectionery Products Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Sugar And Confectionery Products Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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