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Check with seller Confectionery Market Rising Food & Beverages Product & Deamnd by 2027 Littlefield

Published date: April 7, 2021
  • Location: Littlefield, Arizona, United States

The Global Confectionery Market size is projected to reach USD 245.28 billion by 2026, registering a CAGR of 3.23% during the forecast period. Rising health consciousness among consumers will play a key role in augmenting the growth of this market, shares Fortune Business Insights™ in its recent report, titled “Confectionery Market Size, Share & Industry Analysis, By Type (Chocolate, Sugar, and Gums), Distribution Channel (Hypermarket/Supermarket, Convenience Stores, Departmental Stores, and Online Retails), and Regional Forecast, 2019 – 2026”. Manufactured chocolate bars and candies are known to contain large amounts of artificial sweeteners. With increasing prevalence of lifestyle-related disorders, even the most ardent chocolate-lovers are getting increasingly inclined towards organic and natural ingredients-based products. For example, the Swiss chocolate-maker Barry Callebaut’s research found that the market value for organic chocolates currently stands at €30 million in Western Europe alone. This figure shows that the shifting consumer preference for chocolate and other confectionery items made from naturally-derived extracts will lead the confectionery market trends in the foreseeable future. According to the confectionery market report, the value of this market stood at USD 190.77 billion in 2018.


The Global Confectionery Market report includes a detailed company profile of key players and in-depth analysis of various market segments. It also includes close study of the various drivers and restraints that drive the market along with comprehensive understanding of the positive and negative impacts of regional developments on the Regional forecast report.

Information Source:
https://www.fortunebusinessinsights.com/industry-reports/confectionery-market-100542


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