Confectionery Market Competitive Landscape And Component Benchmarking By 2028
Confectionery Market Growth & Trends The global confectionery market size is expected to reach USD 401.54 billion by 2028, registering a CAGR of 4.3% from 2022 to 2028, according to a new report by Grand View Research, Inc. The growing confectionery industry and the rising per capita consumption of these products are expected to promote market growth. Moreover, the increasing popularity and demand for sugar-free confectionery products across the developed economies have led to significant factors for market growth over the forecast period. Confectionery Market Segmentation Grand View Research has segmented the global confectionery market based on product, distribution channel, and region: Based on the Product Insights, the market is segmented into Chocolate, Sugar Confectionery, Cookies, Ice Cream. The chocolate segment contributed to the largest market share of more than 45% in 2021 and is expected to grow with a CAGR of 4.2% from 2022 to 2028. The increasing d...