Confectionery Market Size, Share and Trends to 2022 Confectionery Market Size, Share and Trends to 202 | Página 2
Introduction to Confectionery Market
• Confectionery Market Report, published by Allied Market Research, forecasts that the global market was valued at $ 184,056 million in 2015, and is expected to reach $ 232,085 million by 2022, supported by a CAGR of 3.4 % during the forecast period 2016- 2022.
• The chocolate confectionery segment dominated the market in 2015 with more than onethird revenue share.
• Confectionery industry manufactures wide variety of food products that contain high sugar content such as candies, chocolates, caramels, gums, and cookies.
• Product innovation, rise in gifting trend, retail market expansion, and strong marketing campaigns are major factors that drive the growth of the global confectionery market.
• In addition, economic growth and rise in disposable income of emerging economies supplement the market growth, thus increasing the purchasing power of customers.
• Sucrose, cocoa products, flours, sugar, and food additives are some of the raw materials utilized in confectionery production.
Introduction to Confectionery Market
• Confectionery Market Report, published by Allied Market Research, forecasts that the global market was valued at $ 184,056 million in 2015, and is expected to reach $ 232,085 million by 2022, supported by a CAGR of 3.4 % during the forecast period 2016- 2022.
• The chocolate confectionery segment dominated the market in 2015 with more than onethird revenue share.
• Confectionery industry manufactures wide variety of food products that contain high sugar content such as candies, chocolates, caramels, gums, and cookies.
• Product innovation, rise in gifting trend, retail market expansion, and strong marketing campaigns are major factors that drive the growth of the global confectionery market.
• In addition, economic growth and rise in disposable income of emerging economies supplement the market growth, thus increasing the purchasing power of customers.
• Sucrose, cocoa products, flours, sugar, and food additives are some of the raw materials utilized in confectionery production.