Global Hard Candy Market – Industry Trends and Forecast to 2029

Data Bridge Market Research ****yses that the hard candy market was valued at USD 225.46 billion in 2021 and is expected to reach the value of USD 306.19 billion by 2029, at a CAGR of 3.90% during the forecast period. In addition to the insights on market scenarios such as market value, gr

'Global Hard Candy Market' the new research report adds in Data Bridge Market Research's reports database. This Research Report spread across 329 Page, 53 No of Tables, And 244 No of Figures with summarizing Top companies, with tables and figures. The Hard Candy market research report presents a comprehensive study on production capacity, consumption, import and export for all the major regions across the world. By keeping in mind the end user's point of view, a team of researchers, forecasters, analysts and industry expert's work in-depth to formulate this Hard Candy market research report. The research and analysis carried out in this Hard Candy report assists clients to forecast investment in an emerging market, expansion of market share or success of a new product. To turn complex market insights into simpler version, well established tools and techniques are used for generation of Hard Candy report.

Data Bridge Market Research analyses that the hard candy market was valued at USD 225.46 billion in 2021 and is expected to reach the value of USD 306.19 billion by 2029, at a CAGR of 3.90% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Get PDF Broacher of Hard Candy Market Research Report at https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-hard-candy-market

Market Definition

Candies are the most-preferred sugar confectionary products across the world. Caramels, gummies, hard candies, hard boiled candies and others are consumed widely amongst all the age groups. Hard candies are available in different shapes, sizes, flavours and colours. They provide various valuable nutritive qualities such as protein, vitamin and mineral content for general well-being. Therefore, the growing number of confectionaries because of the rising consumption of hard candies across the globe is creating certain lucrative growth factors for the

hard candy market.Hard Candy Market Scope and Segmentation

REPORT METRIC

DETAILS

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Flavour (Mint Hard Candy, Caramel Hard Candy, Butterscotch Hard Candy, Fruit Hard Candy, Chocolate Hard Candy, Others), Type (Pop Rocks, Lollipop, Traditional), Applications (Hypermarkets and Supermarkets, Drug Stores, Specialty Stores, Retail Stores)

Countries Covered

U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Perfetti Van Melle (Netherlands), Arcor (Argentina), THE HERSHEY COMPANY. (U.S.), Strauss Group (Israel), TIGER BRANDS (South Africa), LOTTE CONFECTIONERY CO.,LTD. (South Korea), Storck USA, L.P. (U.S.), Nestlé (Switzerland), Mars, Incorporated (U.S.), Ferrero (Italy), Mondelez International. (U.S.), Meiji Holdings Co., Ltd. (Japan), Surya Food And Agro (India), DS Group. (India), UHA Mikakuto Co.,Ltd. (Japan), Yum Earth, Inc. (U.S.), Dum Dums (U.S.), Tootsie Roll Inc. (U.S.), Ferrara Candy Company. (U.S.)

Opportunities

  • Increased disposable incomes of the people
  • Rising consumption across the globe

Global Hard Candy Market Dynamics

Drivers

  • Rise in the disposable income and population

The primary factor driving the hard candy market is rising disposable income among people all over the world. The increased population in various age groups especially children and young population have increased the consumption levels of candies up to a significant level. A large number of people and their disposable incomes and changing preferences for confectionary products are the factors fuelling the growth of the hard candy market.

  • Rapid advancements in the candy products

The growing availability of various types of candies has increased the demands of hard candies across the globe. Rapid innovations in the growing products driven by the rapids demands of the chocolate hard candies and other flavoured products are expected to generate significant growth opportunities thereby, fuelling the growth of the hard candy market.

Opportunities

  • Increasing demand for different flavours

Increased population along with the prevalence of improved and advanced distribution will create certain lucrative growth opportunities for the market over the forecasted period. Additionally, rapid innovations in the growing products driven by the rapids demands of the chocolate hard candies, butterscotch hard candies in the regions of large populations and other flavoured products are expected to generate significant growth opportunities for the hard candy market as well.  

Restraints

  • Growing dental problems

The presence of high sugar content along with increasing occurrences of dental problems will act as major restraints on the growth of the hard candy market in the forecast period. Moreover, the growing awareness regarding the health consciousness in terms of candies is expected to lower the demands worldwide, which will obstruct the market growth. 

This hard candy market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the hard candy market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Top Key players in Global Hard Candy Market Report:

  • Perfetti Van Melle (Netherlands)
  • Arcor (Argentina)
  • THE HERSHEY COMPANY. (U.S.)
  • Strauss Group (Israel)
  • TIGER BRANDS (South Africa)
  • LOTTE CONFECTIONERY CO.,LTD. (South Korea)
  • Storck USA, L.P. (U.S.)
  • Nestlé (Switzerland)
  • Mars, Incorporated (U.S.)
  • Ferrero (Italy)
  • Mondelez International. (U.S.)
  • Meiji Holdings Co., Ltd. (Japan)
  • Surya Food And Agro (India)
  • DS Group. (India)
  • UHA Mikakuto Co.,Ltd. (Japan)
  • Yum Earth, Inc. (U.S.)
  • Dum Dums (U.S.)
  • Tootsie Roll Inc. (U.S.)
  • Ferrara Candy Company. (U.S.)

Get Access to Full Report (Including Graphs, Charts Figures) at  https://www.databridgemarketresearch.com/reports/global-hard-candy-market

Market Segmentation:

The hard candy market is segmented on the basis of flavour, type and applications. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Flavour

  • Mint Hard Candy
  • Caramel Hard Candy
  • Butterscotch Hard Candy
  • Fruit Hard Candy
  • Chocolate Hard Candy

Others

Type

  • Pop Rocks
  • Lollipop
  • Traditional

Applications

  • Hypermarkets and Supermarkets
  • Drug Stores
  • Specialty Stores
  • Retail Stores

To View Detailed Report Analysis, Visit at https://www.databridgemarketresearch.com/checkout/buy/enterprise/global-hard-candy-market

Hard Candy Market Regional Analysis/Insights

The hard candy market is analysed and market size insights and trends are provided by flavour, type and applications as referenced above.

The countries covered in the hard candy market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the hard candy market because of increasing number of children and young population along with the rise of the media advertisement to promote the sale of product within the region.

North America is expected to grow during the forecasted period of 2022-2029 due to rising consumption of product along with increased disposable income within the region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Key questions answered in the report:

  • What will the market development pace of the Hard Candy market?
  • What are the key factors driving the Global Hard Candy market?
  • Who are the key manufacturers in the market space?
  • What are the market openings, market hazard and market outline of the market?
  • What are sales, revenue, and price analysis of top manufacturers of Hard Candy market?
  • Who are the distributors, traders, and dealers of Hard Candy market?
  • What are the Hard Candy market opportunities and threats faced by the vendors in the Global Hard Candy industries?
  • What are deals, income, and value examination by types and utilizations of the market?
  • What are deals, income, and value examination by areas of enterprises?

For More Insights Get Detailed TOC at https://www.databridgemarketresearch.com/toc/?dbmr=global-hard-candy-market

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