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).
Report ID: Rn937221861 Published Date: March, 2025 Updated Date: May, 2025

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.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Packaging Type
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Global Sugar Confectionery Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing disposable income
        2. Product innovation and variety
        3. Expansion of retail and online sales
        4. Strong demand from emerging economies
      2. Restraints
        1. Growing health concerns and awareness
        2. Sugar consumption regulations
        3. Rising raw material costs
        4. Increased competition from healthier alternatives
      3. Opportunities
        1. Demand for sugar-free and low-calorie products
        2. Health-conscious product formulations
        3. Expansion into untapped markets
        4. Development of sustainable packaging solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Sugar Confectionery Market, By Product, 2021 - 2031 (USD Million)
      1. Hard-boiled sweets

      2. Caramels & toffees

      3. Gums & jellies

      4. Medicated confectionery

      5. Mints

      6. Others

    2. Global Sugar Confectionery Market, By Packaging Type, 2021 - 2031 (USD Million)

      1. Sachet
      2. Box
      3. Others
    3. Global Sugar Confectionery Market, By Distribution Channel, 2021- 2031 (USD Million)
      1. Hypermarkets & supermarkets
      2. Independent retailers
      3. Convenience stores
      4. Others
    4. Global Sugar Confectionery Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Barry Callebaut
      2. Olam Group
      3. The Hershey Company
      4. Mars, Incorporated
      5. Ingredion
      6. DSM
      7. Kerry Group plc
      8. Tate & Lyle
      9. Nestle SA
      10. Cargill, Incorporated
      11. Blommer Chocolate Company
      12. Foley's Candies LP
      13. PURATOS
      14. Ferrero
  7. Analyst Views
  8. Future Outlook of the Market