The article cited AMA's Global Confectionery Market Study explored substantial growth with CAGR of 3.6%. According the report, The rising demand for gifting confectionery products, such as cookies, chocolates, bakery items, and others is one of the primary growth factors for the market. The increasing product range by including functional ingredients, organic herbal fillings, tropical fruit, and nut-based & exotic flavors in product formulations is also expected to contribute significantly to the Confectionery market. Overall, applications of Confectionery, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Nestle (Switzerland), Ferrero Group (Italy), Perfetti Van Melle (Netherlands), Haribo (Germany), Lindt & Sprüngli (Switzerland), Barry Callebaut (Switzerland), Yildiz Holding (Turkey), August Storck (Germany), General Mills (United States) and Orion Confectionery (South Korea) may see astonishing sales in this Market and certainly improve revenue growth.
AMAs Analyst on the Global Confectionery market identified that the demand is rising in many different parts of the world as "The growing foodservice industries across the globe". One of the challenges that industry facing is "The stringent government regulations regarding the food products"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Confectionery market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Confectionery market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Confectionery market tight? Which application/end-user category or Product Type [Chocolate Confectionery, Sugar Confectionery, Snack Bars and Gums] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Confectionery market and other related sub-markets covered in the study.
o Key & emerging players in the Confectionery market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Confectionery market size is calculated using market estimation process, the Confectionery market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Confectionery market size has been validated using both top-down and bottom-up approaches.