Confectionery Market Research Report by Product Type (Chocolate Confectionery, Sugar Confectionery, Bakers Confectionery), by Distribution Channel (Offline, Online), and by Region (North America, Europe, Asia Pacific, South America, Middle East and Africa) Forecast till 2034
Market Overview
The global confectionery market is projected to reach USD 556.05 billion by 2034, expanding at a CAGR of 6.32% between 2025 and 2034. Confectionery refers to sweet food products made primarily from sugar, chocolate, and other sweeteners. It includes items like candies, chocolates, toffees, chewing gums, and sometimes baked sweets.
The global confectionery market is largely dependent on the change of consumer snacking habits and the uptrend of premiumization. Consumers of the younger generation are increasingly looking for snacks that are convenient and indulgent in between their main meals. On the other hand, the demand for craft, gourmet, and quality confectionery products is raising the market value. The developing economies of the Asia Pacific, Latin America, and Africa are the main drivers of the market as they provide the region with the coming middle class that will demand premium goods.
Key Company Development
The Hershey Company is continually reinventing and improving its confectionery through the expansion of new products and almost taking over through strategic partnerships. In May 2024, The Hershey Company announced the launch of a limited edition KIT KAT Pink Lemonade Bar for the summer season, with the primary focus on a unique and exclusive flavor experience. By November 2024, the KIT KAT will unveil its first seasonal form, KIT KAT Santas in addition to the joint project of Kit Kat and Jolly Rancher with Nintendo, Super Mario Bros characters being the subject of the collaboration.
Major Players
Key players in the global confectionery market include Mondelēz International, Inc., Nestlé, Ferrero Group, Mars, HARIBO GmbH & Co., Lotte, Meiji Holdings Co., Ltd., The Hershey Company, Perfetti Van Melle, and Chocoladefabriken Lindt & Sprüngli AG.
Report Attribute Details
• Market Size 2024: USD 279.68 Billion
• Market Size 2034: USD 556.05 Billion
• CAGR (2025-2034): 6.32%
• Base Year: 2024
• Market Forecast Period: 2025-2034
Market Segmentations
• By Product Type: Chocolate Confectionery – 5.96%, Sugar Confectionery – 7.30%.
• By Distribution Channel: Offline – 5.95%, Online – 7.14%.
Regional Insights
The North American confectionery market is a highly diverse sector, anchored by the United States, which leads regional consumption. In 2024, North America leads with the U.S. at USD 75.72 billion and Canada contributing USD 9.03 billion, reflecting its dominant confectionery market position. Retail variety and the rapid rise of e-commerce ensure broad product availability across consumer segments.
Europe’s consumers are increasingly health-conscious, demanding low-sugar and functional products, while simultaneously embracing gourmet and artisanal items. Europe shows strong demand, with Germany (USD 18.89 million), France (USD 11.96 million), and the UK (USD 13.49 million) driving regional growth.
Asia-Pacific continues to outpace other regions with its rapid growth trajectory, supported by an expanding middle class and urban lifestyle changes. The surge of digital retail platforms and subscription services enhances accessibility, making innovative products available to a wider consumer base. In Asia-Pacific, China (USD 12.46 million), Japan (USD 6.79 million), and India (USD 5.98 million) highlight a fast-emerging confectionery market.
South America, the Middle East, and Africa together account for a significant portion of global confectionery demand. South America benefits from deep-rooted cultural preferences for sweets, with Brazil as the largest market. In the Middle East, affluent consumers are fueling the shift toward luxury chocolates and artisanal items, while
圖表清單 List of Tables & Figures
LIST OF TABLES
TABLE 1 QFD MODELING FOR MARKET SHARE ASSESSMENT 38
TABLE 2 GLOBAL CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 59
TABLE 3 GLOBAL CONFECTIONERY MARKET, BY CHOCOLATE CONFECTIONERY, 2020-2034 (USD BILLION) 61
TABLE 4 GLOBAL CONFECTIONERY MARKET, BY SUGAR CONFECTIONERY, 2020-2034 (USD BILLION) 62
TABLE 5 GLOBAL CONFECTIONERY MARKET, BY BAKERS’ CONFECTIONERY, 2020-2034 (USD BILLION) 63
TABLE 6 GLOBAL CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 64
TABLE 7 GLOBAL CONFECTIONERY, BY OFFLINE, 2020-2034 (USD BILLION) 66
TABLE 8 GLOBAL CONFECTIONERY, BY ONLINE, 2020-2034 (USD BILLION) 67
TABLE 9 GLOBAL CONFECTIONERY, BY REGION, 2020-2034 (USD BILLION) 68
TABLE 10 NORTH AMERICA CONFECTIONERY MARKET, BY COUNTRY, 2020-2034 (USD BILLION) 72
TABLE 11 NORTH AMERICA CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 73
TABLE 12 NORTH AMERICA CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 73
TABLE 13 US CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 74
TABLE 14 US CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 74
TABLE 15 CANADA CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 75
TABLE 16 CANADA CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 75
TABLE 17 MEXICO CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 76
TABLE 18 MEXICO CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 76
TABLE 19 EUROPE CONFECTIONERY MARKET, BY COUNTRY, 2020-2034 (USD BILLION) 79
TABLE 20 EUROPE CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 80
TABLE 21 EUROPE CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 80
TABLE 22 GERMANY CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 81
TABLE 23 GERMANY CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 81
TABLE 24 UK CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 82
TABLE 25 UK CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 82
TABLE 26 ITALY CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 83
TABLE 27 ITALY CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 83
TABLE 28 SPAIN CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 84
TABLE 29 SPAIN CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 84
TABLE 30 FRANCE CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 85
TABLE 31 FRANCE CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 85
TABLE 32 POLAND CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 86
TABLE 33 POLAND CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 86
TABLE 34 RUSSIA CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 87
TABLE 35 RUSSIA CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 87
TABLE 36 FINLAND CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 88
TABLE 37 FINLAND CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 88
TABLE 38 REST OF EUROPE CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 89
TABLE 39 REST OF EUROPE CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 89
TABLE 40 ASIA-PACIFIC CONFECTIONERY MARKET, BY COUNTRY, 2020-2034 (USD BILLION) 92
TABLE 41 ASIA-PACIFIC CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 93
TABLE 42 ASIA-PACIFIC CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 93
TABLE 43 CHINA CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 94
TABLE 44 CHINA CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 94
TABLE 45 JAPAN CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 95
TABLE 46 JAPAN CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 95
TABLE 47 INDIA CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 96
TABLE 48 INDIA CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 96
TABLE 49 SOUTH KOREA CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 97
TABLE 50 SOUTH KOREA CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 97
TABLE 51 AUSTRALIA & NEW ZEALAND CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 98
TABLE 52 AUSTRALIA & NEW ZEALAND CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 98
TABLE 53 MALAYSIA CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 99
TABLE 54 MALAYSIA CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 99
TABLE 55 VIETNAM CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 100
TABLE 56 VIETNAM CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 100
TABLE 57 REST OF ASIA-PACIFIC CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 101
TABLE 58 REST OF ASIA-PACIFIC CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 101
TABLE 59 SOUTH AMERICA CONFECTIONERY MARKET, BY COUNTRY, 2020-2034 (USD BILLION) 104
TABLE 60 SOUTH AMERICA CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 105
TABLE 61 SOUTH AMERICA CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 105
TABLE 62 BRAZIL CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 106
TABLE 63 BRAZIL CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 106
TABLE 64 ARGENTINA CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 107
TABLE 65 ARGENTINA CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 107
TABLE 66 REST OF SOUTH AMERICA CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 108
TABLE 67 REST OF SOUTH AMERICA CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 108
TABLE 68 MIDDLE EAST & AFRICA CONFECTIONERY MARKET, BY COUNTRY, 2020-2034 (USD BILLION) 111
TABLE 69 MIDDLE EAST & AFRICA CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 112
TABLE 70 MIDDLE EAST & AFRICA CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 112
TABLE 71 GCC COUNTRIES CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 113
TABLE 72 GCC COUNTRIES CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 113
TABLE 73 SOUTH AFRICA CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 114
TABLE 74 SOUTH AFRICA CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 114
TABLE 75 REST OF MIDDLE EAST & AFRICA CONFECTIONERY MARKET, BY PRODUCT TYPE, 2020-2034 (USD BILLION) 115
TABLE 76 REST OF MIDDLE EAST & AFRICA CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2020-2034 (USD BILLION) 115
TABLE 77 PRODUCT LAUNCH 120
TABLE 78 PARTNERSHIP/MERGER 121
TABLE 79 SUSTAINABLE PACKAGING SOLUTIONS ADVANCEMENT 122
TABLE 80 FACILITY LAUNCH/EXPANSION 123
TABLE 81 MONDELĒZ INTERNATIONAL, INC.: PRODUCTS OFFERED 126
TABLE 82 MONDELĒZ INTERNATIONAL, INC.: KEY DEVELOPMENTS 128
TABLE 83 NESTLÉ: PRODUCT OFFERED 131
TABLE 84 NESTLÉ: KEY DEVELOPMENTS 133
TABLE 85 FERRERO GROUP: PRODUCT OFFERED 136
TABLE 86 FERRERO GROUP: KEY DEVELOPMENTS 138
TABLE 87 MARS: PRODUCT OFFERED 141
TABLE 88 MARS: KEY DEVELOPMENTS 142
TABLE 89 HARIBO GMBH & CO.: PRODUCT OFFERED 144
TABLE 90 HARIBO GMBH & CO: KEY DEVELOPMENTS 145
TABLE 91 LOTTE: PRODUCTS OFFERED 148
TABLE 92 LOTTE: KEY DEVELOPMENTS 148
TABLE 93 MEIJI HOLDINGS CO., LTD.: PRODUCTS OFFERED 151
TABLE 94 MEIJI HOLDINGS CO., LTD.: KEY DEVELOPMENTS 152
TABLE 95 THE HERSHEY COMPANY: PRODUCTS OFFERED 154
TABLE 96 THE HERSHEY COMPANY: KEY DEVELOPMENTS 155
TABLE 97 PERFETTI VAN MELLE: PRODUCTS OFFERED 157
TABLE 98 CHOCOLADEFABRIKEN LINDT & SPRÜNGLI AG: PRODUCTS OFFERED 161
TABLE 99 CHOCOLADEFABRIKEN LINDT & SPRÜNGLI AG: KEY DEVELOPMENTS 161
LIST OF FIGURES
FIGURE 1 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL CONFECTIONERY MARKET, 2024 20
FIGURE 2 GLOBAL CONFECTIONERY MARKET ANALYSIS, BY PRODUCT TYPE, 2024 21
FIGURE 3 GLOBAL CONFECTIONERY ANALYSIS, BY DISTRIBUTION CHANNEL, 2024 22
FIGURE 4 GLOBAL CONFECTIONERY MARKET ANALYSIS, BY REGION, 2024 23
FIGURE 1 GLOBAL CONFECTIONERY MARKET: STRUCTURE 25
FIGURE 2 GLOBAL CONFECTIONARY MARKET: MARKET GROWTH FACTOR ANALYSIS (2024-2034) 42
FIGURE 3 DRIVER IMPACT ANALYSIS (2024-2034) 44
FIGURE 4 RESTRAINT IMPACT ANALYSIS (2024-2032) 46
FIGURE 5 VALUE CHAIN ANALYSIS: GLOBAL CONFECTIONERY MARKET 50
FIGURE 6 SUPPLY CHAIN ANALYSIS: GLOBAL CONFECTIONERY MARKET 52
FIGURE 7 PORTER’S FIVE FORCES MODEL: GLOBAL CONFECTIONERY MARKET 54
FIGURE 8 GLOBAL CONFECTIONERY MARKET, BY PRODUCT TYPE, SEGMENT ATTRACTIVENESS ANALYSIS 59
FIGURE 9 GLOBAL CONFECTIONERY MARKET, BY PRODUCT TYPE, 2024 (% SHARE) 60
FIGURE 10 GLOBAL CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, SEGMENT ATTRACTIVENESS ANALYSIS 64
FIGURE 11 GLOBAL CONFECTIONERY MARKET, BY DISTRIBUTION CHANNEL, 2024 (% SHARE) 65
FIGURE 12 GLOBAL CONFECTIONERY MARKET: COMPARATIVE ANALYSIS 69
FIGURE 13 GLOBAL CONFECTIONERY MARKET, BY REGION, 2024 (% SHARE) 69
FIGURE 14 NORTH AMERICA MARKET: COMPARATIVE ANALYSIS 71
FIGURE 15 NORTH AMERICA MARKET: SWOT ANALYSIS 71
FIGURE 16 NORTH AMERICA CONFECTIONERY, BY COUNTRY, 2024 (% SHARE) 72
FIGURE 17 EUROPE MARKET: COMPARATIVE ANALYSIS 78
FIGURE 18 EUROPE MARKET: SWOT ANALYSIS 78
FIGURE 19 EUROPE CONFECTIONERY MARKET, BY COUNTRY, 2024 (% SHARE) 79
FIGURE 20 ASIA-PACIFIC MARKET: COMPARATIVE ANALYSIS 90
FIGURE 21 ASIA-PACIFIC MARKET: SWOT ANALYSIS 91
FIGURE 22 ASIA-PACIFIC CONFECTIONERY MARKET, BY COUNTRY, 2024 (% SHARE) 92
FIGURE 23 SOUTH AMERICA MARKET: COMPARATIVE ANALYSIS 102
FIGURE 24 SOUTH AMERICA MARKET: SWOT ANALYSIS 103
FIGURE 25 SOUTH AMERICA CONFECTIONERY MARKET, BY COUNTRY, 2024 (% SHARE) 104
FIGURE 26 MIDDLE EAST & AFRICA MARKET: COMPARATIVE ANALYSIS 109
FIGURE 27 MIDDLE EAST & AFRICA MARKET: SWOT ANALYSIS 110
FIGURE 28 MIDDLE EAST & AFRICA CONFECTIONERY MARKET, BY COUNTRY, 2024 (% SHARE) 111
FIGURE 29 GLOBAL CONFECTIONERY MARKET PLAYERS: COMPETITIVE ANALYSIS, 2024 117
FIGURE 30 COMPETITOR DASHBOARD: GLOBAL CONFECTIONERY MARKET 118
FIGURE 31 MONDELĒZ INTERNATIONAL, INC.: FINANCIAL OVERVIEW SNAPSHOT 125
FIGURE 32 MONDELĒZ INTERNATIONAL, INC.: SWOT ANALYSIS 129
FIGURE 33 NESTLÉ: FINANCIAL OVERVIEW SNAPSHOT 131
FIGURE 34 NESTLÉ: SWOT ANALYSIS 134
FIGURE 35 LOTTE: FINANCIAL OVERVIEW SNAPSHOT 147
FIGURE 36 LOTTE: SWOT ANALYSIS 149
FIGURE 37 MEIJI HOLDINGS CO., LTD.: FINANCIAL OVERVIEW SNAPSHOT 151
FIGURE 38 THE HERSHEY COMPANY: FINANCIAL OVERVIEW SNAPSHOT 154
FIGURE 39 THE HERSHEY COMPANY: SWOT ANALYSIS 156
FIGURE 40 CHOCOLADEFABRIKEN LINDT & SPRÜNGLI AG: FINANCIAL OVERVIEW SNAPSHOT 160
FIGURE 41 CHOCOLADEFABRIKEN LINDT & SPRÜNGLI AG: SWOT ANALYSIS 162
量子訊息有限公司為 Market Research Future 在台灣的授權代理，提供報告購買、樣本申請與授權諮詢。電話 +886 2 7751 5192 ・ 聯絡我們