The Confectionery Market report segments the industry into Confections (Chocolate, Gums, Snack Bar, Sugar Confectionery), Distribution Channel (Convenience Store, Online Retail Store, Supermarket/Hypermarket, Others) and Region (Africa, Asia-Pacific, Europe, Middle East, North America, South America). Get five years of historical data and five-year forecasts.

The confectionery market is projected to be valued at USD 324.7 billion in 2025 and is anticipated to grow to USD 605.8 billion by 2035, registering a compound annual growth rate (CAGR) of 6.2% over the forecast period.

Attributes	Description
Estimated Business Size (2025)	USD 324.7 billion
Projected Business Value (2035)	USD 605.8 billion
Value-based CAGR (2025 to 2035)	6.2%

Semi-Annual Demand Space Update

Particular	Value CAGR
H1 (2024 to 2034)	5.8%
H2 (2024 to 2034)	6.0%
H1 (2025 to 2035)	6.3%
H2 (2025 to 2035)	6.6%

Country-wise Insights

Countries	CAGR (2025 to 2025)
Germany	4.4%
UK	6.5%
USA	3.1%
China	7.5%
Japan	3.2%

In 2024, the chocolate confectionery market generated a revenue of approximately ***** billion U.S. dollars worldwide. According to estimates of the Statista Digital Market Outlook, the generated revenue in this market is expected to increase in the coming years, reaching a value of ***** billion dollars in 2029. Chocolate shopping in Canada In 2020, almost ** percent of Canadians stated they bought chocolate a few times a month, making it the most common purchasing rate among Canadian consumers. It is rare for people in Canada to buy chocolate every single day. For over half of consumers within the country, monthly chocolate spending would typically amount to anywhere between *** and ** Canadian dollars. Chocolate brands in North America In the same year, Canada’s favorite brand of chocolate was Lindt, a Swiss confectionery brand. Other favorites included Cadbury, Hershey’s, and Ferrero. Consumers in the United States favored Hershey's about twice as often as Lindt. Approximately ** percent of U.S. respondents who knew Hershey's consumed the brand's products.

Global confectionery market worth at USD 223.64 Billion in 2024, is expected to surpass USD 332.96 Billion by 2034, with a CAGR of 4.06% from 2025 to 2034.

Global Confectionery Market is segmented By Product Type (Sugar Confectionery, Chocolate Confectionery, and Gum), and Distribution Channel (SuperMarkets, HyperMarkets, Online, Convenience Stores, Specialty Stores, and Others)

The global chocolate confectionery market is slated to reach USD 167.1 billion in 2025. The industry is poised to witness 7.1% CAGR from 2025 to 2035, registering USD 334.2 billion by 2035.

Metrics	Values
Industry Size (2025E)	USD 167.1 billion
Industry Value (2035F)	USD 334.2 billion
CAGR (2025 to 2035)	7.1%

Segmentation

Segment	Value Share (2025)
Chocolate Bars	31.7%

Segment	Value Share (2025)
Milk	46.4%

Country-wise Analysis

Countries	CAGR (2025 to 2035)
USA	6.9%
UK	7.2%
France	7.5%
Germany	6.8%
Italy	7.3%
South Korea	8.0%
Japan	7.6%
China	8.5%
Australia	7.4%
New Zealand	7.5%

Competitive Outlook

Company	Industry Share
The Hershey Company	15-20%
Ferrero	10-15%
Chocoladefabriken Lindt & Sprüngli AG	7-10%
Mars, Incorporated	12-16%
Mondelēz International	8-12%
Nestlé	7-10%
CEMOI Group	2-4%
Barry Callebaut	3-5%
Lake Champlain Chocolates	1-2%
LOTTE	2-4%

Aerated Confectionery Market size was valued at USD 11.3 Billion in 2023 and is projected to reach USD 30.6 Billion by 2031, growing at a CAGR of 10.7% during the forecast period 2024-2031.

Global Aerated Confectionery Market Drivers

The market drivers for the Aerated Confectionery Market can be influenced by various factors. These may include:

Consumer Preference for Distinct Flavors and Textures: Aerated candy has a light, airy feel that distinguishes it from conventional sweets, and consumers are searching more and more for inventive and distinctive confectionery experiences. One of the main factors driving the market is the desire for novelty.

Growing Demand for Low-Calorie Sweets: Because aerated confections incorporate air, they often have fewer calories and less sugar, which appeals to health-conscious consumers looking to indulge guilt-free.

Snapshot img

Confectionery Market Size 2025-2029

The confectionery market size is forecast to increase by USD 71 billion, at a CAGR of 4.6% between 2024 and 2029.

The market is characterized by a diverse range of products in novel flavors, driving consumer preference and repeat purchases. This trend is fueled by the increasing demand for innovative and unique confectionery items, as consumers seek to differentiate their sweet treats. However, the rise of online retailing poses a significant challenge for market players, as they grapple with the complexities of managing logistics and ensuring the timely delivery of perishable confectionery products. Furthermore, supply chain disruptions, including raw material availability and price fluctuations, pose a persistent challenge in the confectionery sector.
Companies must navigate these challenges by implementing robust supply chain strategies, leveraging technology for efficient order fulfillment, and collaborating with logistics partners to ensure timely and cost-effective delivery. To capitalize on the market's growth opportunities, players must focus on innovation, quality, and customer experience, while addressing the challenges of online retailing and supply chain complexities.

What will be the Size of the Confectionery Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free Sample

The market continues to evolve, with dynamic market dynamics shaping its various sectors. Quality control is a top priority for entities, ensuring the highest standards in their offerings. E-commerce platforms have become essential, catering to consumer preferences for convenience and bulk packaging. New product launches, driven by emerging consumer trends, are a constant in the market. Organic ingredients and ethical sourcing are increasingly important, as are gluten-free options and sugar-free confectionery. Hard candy and chocolate bars remain popular, with innovation in production processes leading to new textures and flavors. Pricing strategies vary, with cost optimization and profit margins a key consideration.

Global market share is influenced by brand positioning and consumer demographics. Allergen management and food safety regulations are critical for retailers, from specialty stores to convenience stores. Seasonal demand and brand loyalty are essential factors in inventory management. Automated packaging and digital marketing are transforming the industry, with social media platforms playing a significant role in advertising strategies. Sustainability practices and fair trade are increasingly important to consumers, driving import/export regulations and distribution channels. Consumer insights and supply chain management are crucial for entities to stay competitive. Ingredient sourcing and inventory management are ongoing challenges, with pricing strategies and profit margins a constant consideration.

Product innovation and customer preferences continue to shape the market, with fruit snacks, gummy candy, jelly beans, and chewing gum among the many options available. The market is a complex and ever-changing landscape, with entities adapting to consumer trends and evolving market patterns. From cocoa powder to chocolate truffles, the industry continues to offer a wide range of delicious and innovative products.

How is this Confectionery Industry segmented?

The confectionery industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Distribution Channel

  Offline
  Online


Product

  Chocolate
  Sugar confectionery
  Gums


Age Group

  Adults
  Children
  Geriatric


Price

  Economy
  Mid-range
  Luxury


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    The Netherlands
    UK


  APAC

    China
    India
    Japan


  Rest of World (ROW)

.

By Distribution Channel Insights

The offline segment is estimated to witness significant growth during the forecast period.

The market is experiencing significant trends and dynamics, with various entities shaping its growth. New product launches catering to dietary restrictions, such as vegan options and gluten-free choices, continue to emerge. Bulk packaging and online retailers are gaining popularity, offering convenience to consumers. Sustainability practices, including automated packaging and ethical sourcing, are increasingly important. Chocolate syrup and retail packaging innovations are enhancing the consumer experience. Cost optimization through import/export regulations and inventory management is a key focus for manufacturers. Marketing campaigns and social media marketing are essential tool

Confectionery Product Market Outlook

The global confectionery product market size was valued at approximately $210 billion in 2023 and is projected to reach around $310 billion by 2032, growing at a CAGR of 4.5% during the forecast period. This significant growth is driven by several key factors, including rising disposable incomes, increasing urbanization, and the continuous innovation in confectionery products aimed at fulfilling diverse consumer preferences.

One of the primary growth factors in the confectionery product market is the rising disposable income worldwide. With increasing purchasing power, consumers are more willing to spend on premium and indulgent products, including chocolates, candies, and other confectioneries. This trend is particularly evident in emerging economies where the middle class is expanding rapidly. As more households achieve higher income levels, their expenditure on luxury food items, such as confectioneries, also increases, fueling market growth.

Another significant factor contributing to the growth of the confectionery product market is the innovation in product offerings. Manufacturers are continuously striving to introduce new flavors, healthier options, and unique packaging to attract a wider consumer base. For instance, the demand for sugar-free and organic confectionery products has surged as health-conscious consumers seek healthier alternatives. Moreover, the trend of gifting chocolates and other confectioneries during festive seasons and special occasions has led to increased sales, further propelling market growth.

Additionally, urbanization plays a crucial role in expanding the confectionery product market. As more people move to urban areas, they are exposed to a wider variety of food products, including confectioneries. Urban centers often have a higher concentration of retail stores, supermarkets, and gourmet shops, making it easier for consumers to access a diverse range of confectionery products. Furthermore, the fast-paced urban lifestyle drives the demand for convenient and on-the-go snacks, including confectioneries, which boosts the market's expansion.

Confectionery Glaze is an essential component in the confectionery industry, often used to provide a glossy finish to candies and chocolates. This glaze not only enhances the visual appeal of confectionery products but also serves as a protective layer, helping to preserve freshness and extend shelf life. The use of confectionery glaze is particularly popular in premium products where presentation is key to attracting consumers. As the demand for high-quality and aesthetically pleasing confectionery items continues to rise, the role of confectionery glaze becomes increasingly significant. Manufacturers are exploring innovative formulations of glazes, including those that are vegan and free from artificial additives, to cater to the growing segment of health-conscious consumers.

From a regional perspective, the Asia Pacific region is expected to witness the highest growth in the confectionery product market. The region's burgeoning population, coupled with rising income levels and changing consumer preferences, makes it a lucrative market for confectionery manufacturers. North America and Europe also hold significant market shares owing to their established retail infrastructure and strong demand for premium confectionery products. Latin America and the Middle East & Africa are emerging markets with considerable potential for growth, driven by increasing consumer awareness and expanding retail sectors.

Product Type Analysis

The confectionery product market is segmented by product type into Chocolate Confectionery, Sugar Confectionery, Gums & Jellies, and Others. Among these, chocolate confectionery holds a dominant position due to its widespread popularity across all age groups. The demand for chocolate products, including dark, milk, and white chocolates, continues to soar owing to their indulgent taste and perceived health benefits, particularly those associated with dark chocolate, such as antioxidant properties.

Sugar confectionery, which includes candies, toffees, and hard candies, is another significant segment within the confectionery market. This segment benefits from the continuous innovation in flavors and the introduction of novelty products that appeal to children and adults alike. Seasonal and festive demand also plays a crucial role in boosting sales within this cat

Confectionery Market Outlook

The global confectionery market size was valued at USD 205 billion in 2023 and is projected to reach approximately USD 280 billion by 2032, growing at a CAGR of 3.5% during the forecast period. The market is driven by factors such as increasing disposable incomes, growing urbanization, and the rising trend of gifting confectionery products on various festive occasions. Additionally, the innovation and variety in product offerings, such as sugar-free, vegan, and organic confectioneries, are contributing significantly to market growth.

A major growth factor in the confectionery market is the increasing consumer preference for premium and healthier confectionery options. As consumers become more health-conscious, there is a growing demand for products that offer better nutritional value without compromising taste. This shift has prompted manufacturers to introduce low-calorie, sugar-free, and functional confectioneries that appeal to health-conscious individuals. Moreover, the rising popularity of organic and natural ingredients in confectionery products is providing further impetus to market growth, as consumers seek out products that align with their health and wellness goals.

Another significant growth driver is the expansion of the retail sector, particularly in emerging economies. The proliferation of supermarkets, hypermarkets, and convenience stores in countries such as China, India, and Brazil has made confectionery products more accessible to a broader consumer base. Additionally, the increasing penetration of online retail channels has enabled consumers to purchase confectionery products conveniently from the comfort of their homes. E-commerce platforms often offer a wider variety of products and attractive discounts, which further encourages consumers to opt for online purchases.

Innovation in product development is also a critical factor propelling the growth of the confectionery market. Manufacturers are continuously experimenting with new flavors, textures, and packaging to attract consumers. Limited edition products and seasonal flavors have become popular strategies to create buzz and drive sales. Moreover, collaborations with popular brands and endorsements by celebrities are being used to enhance brand visibility and appeal to a younger demographic. The introduction of novel ingredients and the emphasis on unique sensory experiences are likely to sustain consumer interest and drive market expansion.

Confectionery Decorative Elements have become an integral part of the confectionery industry, adding an aesthetic appeal that enhances the consumer experience. These decorative elements, ranging from intricate sugar designs to edible glitter, play a crucial role in differentiating products and attracting consumers. As the demand for personalized and visually appealing confectionery products grows, manufacturers are increasingly incorporating decorative elements into their offerings. This trend is particularly evident in the premium segment, where consumers are willing to pay a premium for products that not only taste good but also look exquisite. The use of confectionery decorative elements is not limited to professional bakers; home bakers and hobbyists also seek these products to create visually stunning desserts for special occasions.

From a regional perspective, the Asia Pacific region is anticipated to witness substantial growth during the forecast period. Factors such as the growing middle-class population, increasing disposable incomes, and the influence of Western consumption patterns are contributing to the rising demand for confectionery products in this region. North America and Europe also represent significant markets due to high consumption rates and the presence of established market players. However, market growth in these regions is expected to be relatively slower compared to the dynamic markets in Asia Pacific and Latin America.

Product Type Analysis

The confectionery market can be segmented by product type into chocolate confectionery, sugar confectionery, gums, and others. Chocolate confectionery holds a substantial share of the market, driven by the high demand for various chocolate products, including bars, pralines, and truffles. The widespread popularity of chocolate, supported by its versatile nature and ability to be combined with variou

Over the forecast period until 2030, the revenue is forecast to exhibit fluctuations among the four segments. Overall, the revenue appears to follow a positive trend, as there are more increasing values than decreasing values expected in the individual segments until 2030. Among them, the segment Preserved Pastry Goods & Cakes achieves the relatively highest value throughout the entire period, reaching **** trillion U.S. dollars. Find other insights concerning similar markets and segments, such as a comparison of countries or regions regarding per capita sales volume and a comparison of revenue in the United States.The Statista Market Insights cover a broad range of additional markets.

Confectionery Market size was valued at USD 205.36 billion in 2023 and is projected to reach USD 302.49 billion by 2030, growing at a CAGR of 4.96% during the forecast period 2024-2031.

Confectionery Market: Definition/ Overview

The Confectionery sector encompasses a broad range of sweet and sugar-rich products, including chocolates, candies, caramels, toffees, cookies, and lollipops, as well as newer sugar-free alternatives. Driven by evolving consumer tastes and health considerations, this market is adapting to meet diverse demands. With rising obesity rates, an increasing prevalence of diabetes, and a growing focus on nutrition, sugar-free confections are gaining significant popularity. Confectionery products also cover a variety of items high in carbohydrates, including bars, gummies, mints, and other sweets, which have widespread appeal across all age groups. Product innovation is central to the confectionery industry’s growth, fueled by consumer interest in unique flavors, functional ingredients, and health-conscious options. Manufacturers are expanding offerings to include exotic flavors, tropical fruits, organic herbal fillings, and nut-based varieties, aiming to satisfy more adventurous consumer palates. Additionally, the rise of the middle class has expanded the demand for premium confections, creating a larger consumer base for high-quality products. These trends are shaping the industry, prompting confectionery producers to balance traditional favorites with innovative, health-oriented choices that resonate with modern lifestyles and dietary needs.

Over the last two observations, the average revenue per capita is forecast to significantly increase in all segments. Especially notable is the remarkably robust growth observed in the Preserved Pastry Goods & Cakes segment as we approach the end of the forecast period. This value, reaching *** U.S. dollars, stands out significantly compared to the average changes, which are estimated at **** U.S. dollars. Find further statistics on other topics such as a comparison of the average volume per capita in the world and a comparison of the average volume per capita in France. The Statista Market Insights cover a broad range of additional markets.

The Europe Confectionery Market report segments the industry into Confections (Chocolate, Gums, Snack Bar, Sugar Confectionery), Distribution Channel (Convenience Store, Online Retail Store, Supermarket/Hypermarket, Others), and Country (Belgium, France, Germany, Italy, Netherlands, Russia, Spain, Switzerland, Turkey, United Kingdom, Rest of Europe). Get five years of historical data alongside five-year market forecasts.

A new report by Fact.MR places the global sugar-free confectionery size market at a value of US$ 2.45 billion in 2024. Projections are that the market will advance at a CAGR of 5.4% to end up at US$ 4.13 billion by 2034.

Report Attributes	Details
Sugar-Free Confectionery Market Size (2023A)	US$ 2.3 Billion
Estimated Market Value (2024E)	US$ 2.45 Billion
Forecasted Market Value (2034F)	US$ 4.13 Billion
Global Market Growth Rate (2024 to 2034)	5.4% CAGR
East Asia Market Share (2024)	21.6%
China Market Growth Rate (2024 to 2034)	6% CAGR
Key Companies Profiled	Ferrero The Hershey Company Abdallah Candies Inc. Nestle S.A Lily’s Sweets LLC Asher’s Chocolate Company Nova Chocolate Dr. John’s Healthy Sweets See’s Candy Shop, Inc. Other Prominent Players

The global chocolate confectionery market size was valued at USD 87.39 Billion in 2024. The industry is expected to grow at a CAGR of 5.00% during the forecast period of 2025-2034 to reach a valuation of USD 142.35 Billion by 2034.

The global confectionery market reached a value of about USD 229.48 Billion in 2024. The industry is further expected to grow at a CAGR of about 3.80% in the forecast period of 2025-2034 to reach a value of around USD 333.21 Billion by 2034.

The UK Confectionery Market is segmented by Confections (Chocolate, Gums, Snack Bar, Sugar Confectionery) and by Distribution Channel (Convenience Store, Online Retail Store, Supermarket/Hypermarket, Others). Market Value in USD and Volume are both presented. Key data points observed include market segmental split by confections, confectionery variant, sugar content, and distribution channel.

Snapshot img

US Confectionery Market Size 2025-2029

The US confectionery market size is valued to increase by USD 13.5 billion, at a CAGR of 4.7% from 2024 to 2029. Seasonal demand for confectioneries will drive the US confectionery market.

Major Market Trends & Insights

By Distribution Channel - Offline segment was valued at USD 34.30 billion in 2022
By Product - Chocolate segment accounted for the largest market revenue share in 2022
CAGR from 2024 to 2029 : 4.7%

Market Summary

The Confectionery Market in the US is witnessing significant growth, driven by the increasing preference for sweet treats and the rising demand for functional confectionery products. According to recent studies, the market for confectionery in the US is expected to experience steady expansion, fueled by consumer trends such as the preference for healthier options and the growing popularity of Medicated Confectionery. The market's growth is, however, not without challenges. The fluctuating prices of raw materials, such as cocoa and sugar, pose a significant threat to operational efficiency and profitability. To mitigate these challenges, confectionery manufacturers are focusing on supply chain optimization and compliance with regulatory requirements.
For instance, a leading confectionery company implemented a real-time monitoring system to track raw material prices and optimize production schedules accordingly. This resulted in a 15% reduction in raw material wastage and a 12% increase in operational efficiency. Additionally, the company invested in automation technologies to ensure compliance with food safety regulations, reducing the risk of product recalls and enhancing customer trust. In conclusion, the Confectionery Market in the US is experiencing steady growth, driven by consumer trends and the increasing demand for functional confectionery products. However, manufacturers face challenges such as raw material price fluctuations and regulatory compliance.
To overcome these challenges, companies are focusing on supply chain optimization and automation technologies to improve operational efficiency and ensure regulatory compliance.

What will be the Size of the US Confectionery Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free Sample

How is the Confectionery in US Market Segmented ?

The confectionery in US industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Distribution Channel

  Offline
  Online


Product

  Chocolate
  Sugar confectionery
  Gums


Type

  Conventional
  Organic


Geography

  North America

    US

By Distribution Channel Insights

The offline segment is estimated to witness significant growth during the forecast period.

The dynamic confectionery market in the US continues to evolve, with product diversification strategies expanding beyond traditional hard candy formulations to include chocolates, gummi candies, and caramels. Manufacturers employ advanced techniques such as chocolate tempering, molding, and mass production to meet consumer demand. Supply chain optimization, ingredient cost optimization, and distribution network efficiency are crucial for maintaining profitability. Confectionery Waste Management and automated production lines contribute to manufacturing efficiency, while consumer behavior insights inform new product innovation. Key players invest in sensory evaluation methods, quality control procedures, and nutritional labeling requirements to cater to evolving consumer preferences.

For instance, chocolate manufacturers use coating application methods and candy coating formulations to texture modify and extend shelf life. Ingredient sourcing strategies and production yield improvement are essential for process optimization, with sweetener alternatives and flavor development processes driving innovation. The confectionery industry generates approximately USD35 billion in annual sales, underscoring its significant impact on the US food market.

Request Free Sample

The Offline segment was valued at USD 34.30 billion in 2019 and showed a gradual increase during the forecast period.

Market Dynamics

Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

The confectionery market in the US continues to evolve, driven by advancements in technology and consumer preferences. One significant area of focus is optimizing production processes to enhance efficiency and profitability. Chocolate tempering machine calibration and sugar crystallization prevention methods are essential for high-speed confectionery production

Over the last two observations, the price per unit is forecast to significantly increase in all segments. The trend observed from 2020 to 2030 remains consistent throughout the entire forecast period. There is a continuous increase in the price per unit across all segments. Notably, the Chocolate Confectionery segment achieves the highest value of ***** U.S. dollars at 2030. Find further statistics on other topics such as a comparison of the volume in the world and a comparison of the average volume per capita in the world.The Statista Market Insights cover a broad range of additional markets.