$219.5 Billion Opportunities in the Global Confectionery Sector to 2024: Mars, Mondelez International, Nestle SA, Ferrero and The Hershey Co Lead the…

DUBLIN--(BUSINESS WIRE)--The "Opportunities in the Global Confectionery Sector to 2024" report has been added to ResearchAndMarkets.com's offering.

The global confectionery sector was valued at US$193.2 billion in 2019 and is forecast to record a CAGR of 2.6% during 2019-2024 to reach US$219.5 billion by 2024.

A total of 109 countries were analyzed based on risk-reward analysis to identify 10 high-potential countries by region. The high-potential countries identified include Indonesia, Vietnam, Saudi Arabia, Canada, The US, Mexico, The Netherlands, Spain, Poland and Russia.

Of the top 10 high-potential countries, the US was the leading confectionery market in 2019. Confectionery with health & wellness claims accounted for 16.3% of the overall global sector sales in 2019. The top five companies in the global confectionery sector accounted for 44.9% value share in 2019. The sector is led by Mars Incorporated, which held a share of 13.8%, followed by Mondelez International, Inc, Nestle SA, Ferrero and The Hershey Co, which accounted for shares of 12.6%, 6.8%, 6.2%, and 5.5%, respectively.

Artisanal producers and private labels held shares of 0.5% and 3.9%, respectively, in the same year Hypermarkets & supermarkets was the leading channel for the distribution of confectionery, with 42.1% value share globally in 2019, followed by convenience stores with 29.6% share. Flexible packaging was the most used pack material in the confectionery sector, accounting for 79.3% of the volume share in 2019, followed by rigid plastics with 15.4% share.

Scope

Reasons to Buy

Key Topics Covered:

Executive Summary

Part 1: Sector Overview

Part 2: Shift In Food Consumption Patterns

Part 3: Identifying High-Potential Countries

Part 4: Country Deep Analysis

Part 5: Health & Wellness Analysis - Global and Regional Level

Part 6: Competitive Landscape

Part 7: Competitive Landscape - Market Analysis

Part 8: Market Share of Private Label

Part 9: Key Distribution Channels

Part 10: Key Packaging Formats

Appendix

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/i52nne

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$219.5 Billion Opportunities in the Global Confectionery Sector to 2024: Mars, Mondelez International, Nestle SA, Ferrero and The Hershey Co Lead the...