Confectionery Market Size, Share and Trends to 2022 Confectionery Market Size, Share and Trends to 202 | Page 3

Introduction to Confectionery Market
• Manufacturers are increasing their product range by including organic herbal fillings , exotic flavors , and functional ingredients in their product formulations to cater to the changing consumer demands .
• International Organization for Standardization ( ISO ), Canadian Food Inspection Agency ( CFIA ), Food and Drug Administration ( FDA ), Health Canada , World Health Organization ( WHO ), and European Union ( EU ) are some of the regulatory authorities present in the confectionery market .
• Based on type , the market is segmented into sugar , chocolate , fine bakery wares , and others . Others include gums , snack products , brand ice creams , and raw pastes .
• In 2015 , chocolate confectionery showed the highest growth rate , accounting for more than one-third of the market , in terms of revenue , owing to innovation and product quality .
• Introduction of organic ingredients , alcohol flavors , nuts such as hazelnut , and unusual fruits such as raspberry in chocolate confections increased the demand for different flavors among customers , thus fueling the chocolate confectionery market growth .

Introduction to Confectionery Market

• Manufacturers are increasing their product range by including organic herbal fillings , exotic flavors , and functional ingredients in their product formulations to cater to the changing consumer demands .

• International Organization for Standardization ( ISO ), Canadian Food Inspection Agency ( CFIA ), Food and Drug Administration ( FDA ), Health Canada , World Health Organization ( WHO ), and European Union ( EU ) are some of the regulatory authorities present in the confectionery market .

• Based on type , the market is segmented into sugar , chocolate , fine bakery wares , and others . Others include gums , snack products , brand ice creams , and raw pastes .

• In 2015 , chocolate confectionery showed the highest growth rate , accounting for more than one-third of the market , in terms of revenue , owing to innovation and product quality .

• Introduction of organic ingredients , alcohol flavors , nuts such as hazelnut , and unusual fruits such as raspberry in chocolate confections increased the demand for different flavors among customers , thus fueling the chocolate confectionery market growth .