Global Sugar Confectionery Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product;
Hard-boiled sweets, Caramels & toffees, Gums & jellies, Medicated confectionery, Mints, and Others.By Packaging Type;
Sachet, Box, and Others.By Distribution Channel;
Hypermarkets and supermarkets, Independent retailers, Convenience stores, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Sugar Confectionery Market (USD Million), 2021 - 2031
In the year 2024, the Global Sugar Confectionery Market was valued at USD 58,423.35 million. The size of this market is expected to increase to USD 76,622.78 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.
The global sugar confectionery market is a dynamic and thriving industry that encompasses a wide range of sweet products, including candies, chocolates, gum, and licorice. As one of the largest sectors in the global food industry, sugar confectioneries are enjoyed by consumers of all age groups and have become an integral part of many cultural traditions, celebrations, and everyday indulgences. The market is characterized by a variety of products, catering to both traditional tastes as well as innovative, health-conscious alternatives that appeal to modern consumers.
Over the years, the demand for sugar confectionery products has experienced steady growth, driven by the increasing preference for sweet treats, innovative product formulations, and the widespread availability of confectioneries across diverse retail channels. The market is further fueled by rising disposable income levels, particularly in emerging economies, and the development of new flavors and packaging that appeal to specific consumer segments. The expansion of online retail and convenience stores has also made sugar confectioneries more accessible, contributing to the growth of the market.
However, the global sugar confectionery market faces challenges related to health and wellness trends, with growing concerns over sugar consumption and its impact on obesity and related health issues. This has led to an increasing demand for sugar-free, low-calorie, and functional confectionery options that are perceived as healthier alternatives. Manufacturers are focusing on product innovation, including the use of natural sweeteners and functional ingredients, to meet the evolving consumer preferences for healthier, indulgent experiences. Despite these challenges, the sugar confectionery market remains a key segment of the global food industry, with opportunities for growth and adaptation to shifting consumer demands.
Global Sugar Confectionery Market Recent Developments
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In July 2022, Haribo expanded its operations with the acquisition of a regional candy manufacturer, emphasizing reduced-sugar confectioneries.
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In October 2023, Mars introduced a sugar-free line of gummies under its popular brands.
Segment Analysis
The sugar confectionery market can be segmented by product type, with categories such as hard-boiled sweets, caramels and toffees, gums and jellies, medicated confectionery, mints, and others. Hard-boiled sweets hold a significant share due to their long shelf life and wide consumer appeal. Caramels and toffees continue to attract consumers with their rich, creamy textures, while gums and jellies have grown in popularity due to their chewable nature and variety of flavors. Medicated confectioneries have seen increased demand, particularly for those marketed as functional, with additional benefits such as soothing properties for the throat. Mints are another staple, known for their refreshing qualities and breath-freshening benefits, and other confectioneries, such as chocolates and licorice, also contribute to the market's diversity.
In terms of packaging, the sugar confectionery market is divided into sachets, boxes, and other types of packaging. Sachets are popular due to their convenience and affordability, often appealing to impulse buyers and single-serving consumers. Boxes, on the other hand, are commonly used for premium or gift-worthy products, offering a more luxurious presentation. Other packaging types include tins and bags, which are often used for larger quantities or for products aimed at specific consumer segments. Packaging is a key factor in driving consumer preferences, with attractive designs and eco-friendly materials becoming increasingly important considerations.
Geographically, the sugar confectionery market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. North America and Europe dominate the market, driven by high consumer spending, established retail networks, and strong brand presence. The Asia Pacific region is witnessing significant growth, fueled by rising disposable incomes, expanding middle-class populations, and changing consumer preferences in countries like China and India. The Middle East & Africa and Latin America represent emerging markets, where increasing urbanization and the introduction of innovative products are contributing to growing demand. These regions are expected to experience steady growth, particularly as manufacturers adapt to local tastes and preferences.
Global Sugar Confectionery Segment Analysis
In this report, the Global Sugar Confectionery Market has been segmented by Product, Distribution Channel and Geography.
Global Sugar Confectionery Market, Segmentation by Product
The Global Sugar Confectionery Market has been segmented by Product into Hard-boiled sweets, Caramels and toffees, Gums and jellies, Medicated confectionery, Mints and Others.
The sugar confectionery market is segmented by product type, including hard-boiled sweets, caramels and toffees, gums and jellies, medicated confectionery, mints, and others. Hard-boiled sweets, known for their long shelf life and wide availability, continue to be a favorite among consumers. They come in various flavors, often offering nostalgic appeal. Caramels and toffees are another popular product category, prized for their rich, smooth texture and sweet flavor, making them a go-to choice for indulgence. These products often cater to those looking for more luxurious or comforting treats.
Gums and jellies are growing in popularity, particularly among younger consumers, thanks to their chewable texture and diverse flavor options. This segment has seen innovation with the introduction of sugar-free and functional variants, appealing to health-conscious individuals. Medicated confectionery is also gaining traction, especially in markets where consumers seek products with additional benefits such as soothing effects for the throat or digestive aids. These items blend the traditional appeal of sweets with health benefits, expanding the consumer base.
Mints remain a staple in the confectionery market due to their breath-freshening qualities and refreshing flavors. This category is dominated by both traditional mint flavors and newer varieties, catering to different preferences. Other products in the sugar confectionery market include chocolates, licorice, and novelty items. These diverse offerings help to satisfy a wide range of consumer tastes, from sweet and creamy chocolates to the bold flavors of licorice, ensuring the market continues to grow and adapt to changing consumer demands.
Global Sugar Confectionery Market, Segmentation by Packaging Type
The Global Sugar Confectionery Market has been segmented by Packaging Type into Sachet, Box, and Others.
The packaging type segmentation of the sugar confectionery market includes sachets, boxes, and other packaging formats. Sachets are widely used due to their affordability, convenience, and portability, making them a popular choice for impulse purchases. This format is particularly favored by consumers seeking small, single-serving portions, and it is common in both low-cost and premium products. Sachets are often found in mass-market confectionery items, such as hard-boiled sweets and gums, where ease of use and quick consumption are key factors.
Boxes, on the other hand, are typically associated with higher-end or gift-oriented products. They provide a more premium presentation, appealing to consumers looking for more luxurious packaging for occasions like holidays or celebrations. Caramels, toffees, and specialty candies often come in box packaging, which can also serve as a functional storage option. The design of these boxes plays an essential role in marketing, with attractive graphics and high-quality materials enhancing the appeal to customers who view confectioneries as treats or gifts.
Other packaging types in the sugar confectionery market include tins, bags, and jars. These formats are frequently used for larger quantities, often catering to family-sized products or bulk purchases. The use of eco-friendly materials in packaging is becoming increasingly important, with manufacturers introducing sustainable alternatives to meet the growing demand for environmentally conscious products. These other packaging types ensure that the sugar confectionery market remains adaptable to various consumer needs, from single-serving to larger, more sustainable packaging solutions.
Global Sugar Confectionery Market, Segmentation by Distribution Channel
The Global Sugar Confectionery Market has been segmented by Distribution Channel into Hypermarkets and supermarkets, Independent retailers, Convenience stores and Others.
The sugar confectionery market is also segmented by distribution channel, including hypermarkets and supermarkets, independent retailers, convenience stores, and others. Hypermarkets and supermarkets hold a significant share in the market due to their large-scale retail operations, wide product selection, and the convenience they offer to consumers. These stores provide easy access to a variety of confectionery products, ranging from mass-market options to premium treats, often attracting a diverse customer base with their competitive pricing and frequent promotions.
Independent retailers play an important role in the distribution of sugar confectioneries, especially in local or niche markets. These retailers, such as small grocery stores and specialty shops, offer personalized service and cater to specific regional preferences. They often feature products that may not be available in larger chain stores, allowing for a more curated selection of confectioneries. Their flexibility and focus on community-based service make them an attractive option for consumers seeking unique or locally sourced confectionery products.
Convenience stores have become a popular distribution channel for sugar confectioneries, driven by their 24/7 availability and emphasis on quick and easy shopping experiences. These stores typically focus on smaller, individually packaged items such as gums, mints, and candy bars, providing consumers with quick access to sweet treats while on the go. The impulse-buy nature of convenience stores, combined with the growing trend of snacking, has made them an essential channel for confectionery sales. Other distribution channels, such as online platforms and vending machines, are also gaining traction, offering consumers the ability to purchase confectionery products in a more flexible, convenient manner.
Global Sugar Confectionery Market, Segmentation by Geography
In this report, the Global Sugar Confectionery Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Sugar Confectionery Market Share (%), by Geographical Region, 2024
The sugar confectionery market is geographically segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America, each with unique growth drivers and trends. North America and Europe are key regions in the global market, with both regions characterized by high consumer spending power, well-established retail networks, and strong brand presence. In these regions, the demand for sugar confectionery is steady, driven by a long-standing preference for sweets, along with innovations in product offerings such as sugar-free and organic options. Seasonal events, such as holidays and celebrations, also play a significant role in driving confectionery sales in these areas.
Asia Pacific is one of the fastest-growing regions in the sugar confectionery market, primarily due to rapid urbanization, rising disposable incomes, and the increasing popularity of Western-style sweets. Countries like China and India have seen a surge in demand for sugar confectioneries, with a growing middle-class population seeking indulgent products. Furthermore, the increasing availability of international and locally produced confectionery items through modern retail channels has significantly contributed to the market's growth in this region. Manufacturers are also focusing on introducing products that align with local tastes and preferences, further driving market expansion.
In the Middle East & Africa and Latin America, the sugar confectionery market is expanding, driven by the rising urbanization and changing lifestyles in these regions. The growing demand for snacks, including sugary treats, is fueling this growth, especially in countries with increasing consumer purchasing power. These regions are also witnessing a shift toward premium and innovative products, such as medicated confectioneries and sugar-free options, as consumers become more health-conscious. As these regions continue to develop, the sugar confectionery market is expected to experience further growth, with opportunities for both global and local players to cater to evolving consumer preferences.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Sugar Confectionery Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Increasing disposable income
- Product innovation and variety
- Expansion of retail and online sales
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Strong demand from emerging economies-The strong demand from emerging economies is a key driver of growth in the global sugar confectionery market. As economies in regions such as Asia Pacific, Latin America, and parts of Africa continue to develop, there is a rising middle class with increased disposable income, leading to a greater demand for packaged food items, including confectioneries. With urbanization and changing lifestyles, consumers in these regions are increasingly drawn to sweet snacks as a form of indulgence or quick energy sources, further boosting the market.
Additionally, in these emerging economies, the expansion of modern retail channels, such as supermarkets, hypermarkets, and convenience stores, has made sugar confectioneries more accessible. The growth of online shopping platforms also plays a significant role in making confectionery products available to a broader audience, particularly in regions with limited access to physical retail locations. This accessibility, combined with an expanding range of product offerings tailored to local tastes, has made sugar confectioneries a popular choice among consumers in emerging markets.
The rising preference for Western-style confectioneries, along with the introduction of innovative products, such as sugar-free or health-focused options, has also contributed to the market’s growth in these regions. Manufacturers are increasingly focusing on customizing their products to cater to regional tastes and preferences, ensuring that they meet the demand for both traditional and novel confectionery products. As a result, emerging economies present a significant growth opportunity for global confectionery brands seeking to expand their reach and tap into new consumer bases.
Restraints:
- Growing health concerns and awareness
- Sugar consumption regulations
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Rising raw material costs-Rising raw material costs are a key restraint in the sugar confectionery market, impacting manufacturers' ability to maintain profitability and competitive pricing. The prices of essential raw materials, such as sugar, cocoa, dairy, and other ingredients, have experienced fluctuations due to factors like supply chain disruptions, weather conditions affecting crop yields, and changes in global trade dynamics. As these raw material costs rise, manufacturers may face challenges in absorbing the additional expenses, which can lead to higher production costs.
To offset these increased costs, manufacturers may be forced to either raise the prices of their products or adjust their formulations, which could impact the quality and appeal of confectioneries. Consumers, especially in price-sensitive markets, may react negatively to higher prices, potentially resulting in reduced demand for certain products. Moreover, manufacturers may be pressured to innovate and explore alternative ingredients or sourcing strategies to maintain competitive pricing without compromising on taste or product quality.
These rising raw material costs also affect packaging expenses, as the price of materials like plastics, paper, and metal may increase along with production inputs. This can lead to further pressure on profit margins, particularly for manufacturers that rely on premium packaging or those with limited capacity to shift costs. In the face of these challenges, sugar confectionery companies are increasingly looking for ways to streamline their operations, improve supply chain efficiencies, and adopt cost-effective sourcing methods to mitigate the impact of rising raw material costs.
Opportunities:
- Demand for sugar-free and low-calorie products
- Health-conscious product formulations
- Expansion into untapped markets
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Development of sustainable packaging solutions-The development of sustainable packaging solutions is becoming a significant opportunity in the sugar confectionery market, driven by increasing consumer awareness about environmental issues and the growing demand for eco-friendly products. With concerns over plastic waste and environmental impact, both consumers and manufacturers are pushing for packaging that minimizes harm to the environment. The shift toward sustainable packaging involves using recyclable, biodegradable, or compostable materials that reduce the carbon footprint of products and enhance brand reputation among environmentally-conscious consumers.
As part of this trend, many confectionery brands are exploring alternatives to traditional plastic packaging, such as paper, plant-based plastics, and other eco-friendly materials. This move not only addresses environmental concerns but also aligns with global sustainability goals and regulatory pressures in several regions that require reduced plastic use. Manufacturers are increasingly investing in packaging innovations, such as lightweight materials and reusable containers, to enhance sustainability while maintaining product safety and shelf life.
Furthermore, the development of sustainable packaging solutions offers an opportunity for differentiation in a crowded market. Brands that adopt eco-friendly practices often gain a competitive edge by appealing to the growing base of environmentally-conscious consumers, particularly younger generations who are more likely to prioritize sustainability in their purchasing decisions. This trend also complements the increasing demand for transparency in product sourcing and environmental responsibility, enabling companies to build stronger brand loyalty and expand their customer base.
Competitive Landscape Analysis
Key players in Global Sugar Confectionery Market include:
- Barry Callebaut
- Olam Group
- The Hershey Company
- Mars, Incorporated
- Ingredion
- DSM
- Kerry Group plc
- Tate & Lyle
- Nestle SA
- Cargill, Incorporated
- Blommer Chocolate Company
- Foley's Candies LP
- PURATOS
- Ferrero
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product
- Market Snapshot, By Packaging Type
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Global Sugar Confectionery Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing disposable income
- Product innovation and variety
- Expansion of retail and online sales
- Strong demand from emerging economies
- Restraints
- Growing health concerns and awareness
- Sugar consumption regulations
- Rising raw material costs
- Increased competition from healthier alternatives
- Opportunities
- Demand for sugar-free and low-calorie products
- Health-conscious product formulations
- Expansion into untapped markets
- Development of sustainable packaging solutions
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Sugar Confectionery Market, By Product, 2021 - 2031 (USD Million)
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Hard-boiled sweets
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Caramels & toffees
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Gums & jellies
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Medicated confectionery
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Mints
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Others
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Global Sugar Confectionery Market, By Packaging Type, 2021 - 2031 (USD Million)
- Sachet
- Box
- Others
- Global Sugar Confectionery Market, By Distribution Channel, 2021- 2031 (USD Million)
- Hypermarkets & supermarkets
- Independent retailers
- Convenience stores
- Others
- Global Sugar Confectionery Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Sugar Confectionery Market, By Product, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Barry Callebaut
- Olam Group
- The Hershey Company
- Mars, Incorporated
- Ingredion
- DSM
- Kerry Group plc
- Tate & Lyle
- Nestle SA
- Cargill, Incorporated
- Blommer Chocolate Company
- Foley's Candies LP
- PURATOS
- Ferrero
- Company Profiles
- Analyst Views
- Future Outlook of the Market