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%

The North America Confectionery Market Report is Segmented by Product Type (Chocolate, Sugar Confectionery, Snack Bar, Gums), Packaging Type (Single-Serve, Multipacks), Price Tier (Mass, Premium), Distribution Channel (Supermarket/Hypermarket, Convenience Store, Online Retail, Others), and Geography (United States, Canada, Mexico, Rest of North America). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Tons).

The global confectionery market size was USD 314.22 billion in 2024 & is projected to grow from USD 326.48 billion in 2025 to USD 443.38 billion by 2033.
Report Scope:

Report Metric	Details
Market Size in 2024	USD 314.22 Billion
Market Size in 2025	USD 326.48 Billion
Market Size in 2033	USD 443.38 Billion
CAGR	3.9% (2025-2033)
Base Year for Estimation	2024
Historical Data	2021-2023
Forecast Period	2025-2033
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered	By Product Type,By Age Group,By Price Point,By Distribution Channel,By Region.
Geographies Covered	North America, Europe, APAC, Middle East and Africa, LATAM,
Countries Covered	U.S., Canada, U.K., Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Taiwan, South East Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia,

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.

The global sugar confectionery market is a substantial and dynamic sector, exhibiting consistent growth driven by several key factors. The market's size, while not explicitly stated, can be reasonably inferred to be in the billions of dollars based on the presence of numerous multinational corporations and a substantial CAGR (Compound Annual Growth Rate). The high CAGR suggests robust expansion fueled by increasing disposable incomes in developing economies, a growing preference for convenient and indulgent snacks, and the continued innovation in product offerings, encompassing healthier options and unique flavors to cater to evolving consumer preferences. Major market drivers include the rising popularity of chocolate confectionery, gummy candies, and hard candies, particularly amongst younger demographics. However, the market faces certain restraints, including growing health concerns related to sugar consumption leading to increased demand for sugar-reduced or sugar-free alternatives, stringent government regulations on sugar content in food products, and fluctuating raw material prices (e.g., sugar, cocoa, dairy). Market segmentation likely includes various product types (chocolate, hard candies, gummies, etc.), distribution channels (retail, online, food service), and geographic regions. The competitive landscape is intensely competitive, with established multinational players like Mars, Nestlé, and Ferrero dominating market share alongside regional and local brands. The forecast period (2025-2033) suggests continued market expansion, although the rate of growth may moderate slightly due to the aforementioned restraints. Companies are likely responding to consumer demand for healthier options by introducing products with reduced sugar content, natural sweeteners, or functional ingredients. Further growth will depend on successful product diversification, effective marketing strategies targeting specific consumer segments, and strategic mergers and acquisitions to consolidate market share. Regional variations in growth will be influenced by factors such as economic development, cultural preferences for confectionery, and regulatory environments. The ongoing emphasis on sustainability and ethical sourcing of ingredients will also play a significant role in shaping the market's future trajectory. Analyzing trends in each segment and region will provide a granular view of market opportunities for players. Recent developments include: July 2023: HARIBO® officially began gummi production at its first-ever North American manufacturing facility, located in Pleasant Prairie, Wis. The brand-new, state-of-the-art factory was created to meet the growing demand by US consumers of the beloved gummi brand, which produces over 25 varieties of gummi treats in the US and more than 1,200 types globally.June 2023: Tic Tac launched a new spearmint flavor variant in India. The introduction of this refreshing and strong mint variant is aimed at meeting the longstanding demand for a flavor that can be enjoyed in diverse moments throughout the day, such as after meals, workouts, and before important meetings.May 2023: Mondelēz International Inc. opened its new Global Research & Development (R&D) Innovation Center in Whippany, New Jersey. The state-of-the-art facility, which is supported by an investment of nearly USD 50 million, includes pilot and scale-up capability for cookies, crackers, and candy.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

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%

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.

In the confectionery market worldwide in 2024, the preserved pastry goods & cakes segment generated the highest revenue, reaching approximately ************** U.S. dollars. The chocolate confectionery segment ranked second with around ************** U.S. dollars, while sugar confectionery followed with about ************** U.S. dollars.

The global functional confectionery market size was USD 68.35 billion in 2024 & is projected to grow from USD 73.79 billion in 2025 to USD 136.78 billion by 2033.
Report Scope:

Report Metric	Details
Market Size in 2024	USD 68.35 Billion
Market Size in 2025	USD 73.79 Billion
Market Size in 2033	USD 136.78 Billion
CAGR	7.96% (2025-2033)
Base Year for Estimation	2024
Historical Data	2021-2023
Forecast Period	2025-2033
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered	By Product Type,By Functionality,By Ingredient,By End-User,By Distribution Channel,By Region.
Geographies Covered	North America, Europe, APAC, Middle East and Africa, LATAM,
Countries Covered	U.S., Canada, U.K., Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Taiwan, South East Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia,

Confectionery Market is expected to be worth around USD 413.3 Billion by 2034, up from USD 287.4 Billion by 2024, growing at a CAGR of 3.7%

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.

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?

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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.

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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

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.

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

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?

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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

This statistic depicts the sales of the U.S. confectionery market from 2020 to 2022 with a forecast to 2024, by segment. In 2022, chocolate confectionery generated ***** billion U.S. dollars worth of sales in the United States. Total U.S. confectionery sales amounted to about **** billion U.S. dollars.

The Mexico confectionery market was valued at USD 3.81 Billion in 2024. The industry is expected to grow at a CAGR of 3.70% during the forecast period of 2025-2034 to reach a value of USD 5.48 Billion by 2034. The market growth is attributed to the ongoing shift as consumers increasingly prioritize health, natural ingredients, and transparency in their snacking choices.

Growing awareness of the impacts of sugar, artificial additives, and synthetic colors is driving demand for products that are both indulgent and perceived as healthier. Manufacturers are responding by innovating across their portfolios, reformulating existing products, and introducing new offerings that align with these consumer preferences.

For example, in July 2024, Mars Wrigley North America announced plans to launch versions of M&M’s, Skittles, STARBURST, and Extra without FD&C colors, from 2026 reflecting the broader clean-label trend and increasing demand for natural alternatives.

Likewise, the introduction of Welch’s® ZERO SUGAR Fruity Bites in May 2023, highlights the growing market for sugar-free treats, offering consumers indulgent yet fat-free, gluten-free, and preservative-free options without compromising taste or texture. These initiatives underscore how confectionery companies are leveraging innovation to meet health-conscious consumer needs while maintaining brand appeal.

In Mexico, this trend is especially relevant given the expanding middle-class consumer base, heightened focus on wellness, and interest in functional and minimally processed foods. Brands introducing sugar-free and clean-label options are not only catering to domestic demand but also positioning the Mexico confectionery market as a hub for scalable, globally relevant innovations.

The revenue in the 'Chocolate Confectionery' segment of the food market in the United States was modeled to stand at ************* U.S. dollars in 2024. Following a continuous upward trend, the revenue has risen by ************ U.S. dollars since 2018. Between 2024 and 2030, the revenue will rise by ************ U.S. dollars, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Chocolate Confectionery.

The global confectionery market size 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.