Market Research Future (Food and Beverages) Sugar Confectionery Market Research Report | Page 4

Sugar Confectionery Market Research Report- Forecast till 2023 3 Sample Pages Sugar confectionery market is segmented on the basis of type such as pastilles, gums, jellies, chews, and others. Among all, the pastilles segment is dominating the market followed by gums segment. Growing retail sector is majorly contributing to the growth of pastilles segment as they usually fall under an impulsive purchase of the consumers. On the basis of the packaging, sugar confectionery market is segmented into sachets, boxes, and others. The sachet segment is dominating the market. However, the boxes segment are expected to grow at the fastest rate in the coming years. Based on the distribution channel, sugar confectionery market is segmented into the store-based and non-store based distribution channel. The store-based distribution channel is dominating the market and is likely to continue its dominance over the forecast period. However, the non-store based distribution channel is expected to gain moderate growth in the coming years. Regional Analysis: The global sugar confectionery market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North America is dominating the global market followed by Europe. The U.S. is the major contributor to the growth of sugar confectionery market in North America. Growth in the retail sector is majorly contributing to the growth of the sugar confectionery in Europe market. In Asia Pacific region, India is the major consumer of sugar confectionery products owing to the involvement of confectioneries in their various traditional customs, which has a high opportunity for sugar confectionery in this region. Continuous innovation by the key players in the market is likely to surge the growth of the sugar confectionery market in rest of the world. Page | 4 Copyright © 2017 Market Research Future.