Candy Market Key Companies Profile, Supply, and SWOT Analysis by 2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Coverage: Candy Market covers analysis by Product Type (Chocolate Candy, Non-Chocolate Candy); Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specialist Retailers, Online Retail, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Date : Sep 2025
  • Report Code : TIPRE00012125
  • Category : Food and Beverages
  • Status : Upcoming
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 150
Page Updated: Jan 2025

AI overview of Candy Market


The Candy Market is poised for significant growth, with a projected market size reaching US$ XX million by 2031, reflecting a CAGR of 4.5% from 2025 to 2031. This growth is driven by increasing disposable incomes and a trend towards urbanization and westernization, which are reshaping consumer preferences. The Candy Market report highlights the segmentation of products into chocolate and non-chocolate categories, with distribution channels including supermarkets, convenience stores, and online platforms. Notably, the demand for premium and artisan candies is on the rise, alongside a growing interest in personalized and customized options. As health-conscious indulgence becomes a priority, the Candy Market is adapting to meet these evolving consumer needs, presenting ample opportunities for innovation and market share expansion.


The Candy Market is expected to register a CAGR of 4.5% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The Candy market is segmented by product type into Chocolate Candy and Non-Chocolate Candy. It is also segmented by distribution channel into Supermarkets and Hypermarkets, Convenience Stores, Specialist Retailers, and Online Retail. The market evaluation is presented in USD for each segment, with a regional breakdown covering major global regions.

Purpose of the Report

The report Candy Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Candy Market Segmentation

Product Type

  • Chocolate Candy
  • Non-Chocolate Candy

Distribution Channel

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialist Retailers
  • Online Retail

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Candy Market: Strategic Insights

candy-market
  • Get Top Key Market Trends of this report.
    This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Candy Market Growth Drivers

  • Growth of Disposable Income: The rise in disposable income in emerging markets has led to more frequent indulgence in candies, driving the global candy industry boom.
  • Urbanization and Westernization: The trend towards urbanization and westernization has increased the demand for convenient, on-the-go snacks, boosting candy consumption.
  • Health-Conscious Indulgence: New product launches, including sugar-free, organic, and functional candies, have sparked consumer interest in healthier candy options.
  • E-Commerce Growth: The growing influence of e-commerce has transformed how candy manufacturers interact with retailers, expanding access and distribution.

Candy Market Future Trends

  • Premium and Artisan Candies: The demand for high-quality, handcrafted premium and artisan candies is growing, with consumers willing to pay more for unique, exceptional products infused with natural ingredients and innovative flavors.
  • Personalized and Customized Candies: The trend for personalized and customized candies, such as custom-made chocolates and gift boxes with personal messages, is on the rise.
  • Technology in Candy Industry: Augmented reality and virtual reality are creating new consumer experiences, while data analysis helps companies design products based on consumer preferences.
  • Functional Candies: There is an increasing demand for functional candies that promote cognitive function, stress relief, and immune support, driven by health-conscious consumers.

Candy Market Opportunities

  • Demand for Superior Quality and Uniqueness: Consumers are willing to pay more for candies that represent exceptional quality, uniqueness, and are handcrafted with natural ingredients and innovative flavors.
  • Individualized and Personalized Candies: The growing interest in customized products, such as bespoke gift boxes, made-to-order chocolates, and candies with personalized messages, presents significant opportunities.
  • Technological Advancements: The use of augmented reality and virtual reality can enhance the consumer experience in the candy industry, creating new and engaging ways to interact with products.
  • Data-Driven Personalization: Data analytics can provide valuable insights into consumer preferences, allowing companies to create more personalized candy offerings.

Candy Market Regional Insights

The regional trends and factors influencing the Candy Market throughout the forecast period have been thoroughly explained by the analysts at The Insight Partners. This section also discusses Candy Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

candy-market-global-geography
  • Get the Regional Specific Data for Candy Market

Candy Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 4.5%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Product Type
  • Chocolate Candy
  • Non-Chocolate Candy
By Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialist Retailers
  • Online Retail
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Perfetti Van Melle Group B.V.
  • Mondelez International, Inc.,
  • Mars, Incorporated
  • Haribo GmbH and Co. KG
  • Nestle S.A.
  • The Hershey Company
  • Ferrero Group
  • Cloetta Ab
  • Grupo Arcor

  • Candy Market Players Density: Understanding Its Impact on Business Dynamics

    The Candy Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Candy Market are:

    1. Perfetti Van Melle Group B.V.
    2. Mondelez International, Inc.,
    3. Mars, Incorporated
    4. Haribo GmbH and Co. KG
    5. Nestle S.A.

    Disclaimer: The companies listed above are not ranked in any particular order.


    candy-market-cagr

    • Get the Candy Market top key players overview

    Key Selling Points

    • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Candy Market, providing a holistic landscape.
    • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
    • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
    • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

    The research report on the Candy Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.


    Frequently Asked Questions

    1
    Which are the leading players operating in the Candy Market Market?
    The leading players are: Perfetti Van Melle Group B.V., Mondelez International, Inc.,, Mars, Incorporated, Haribo GmbH & Co. KG, Nestle S.A., The Hershey Company, Ferrero Group, Cloetta Ab, Grupo Arcor, Ferrara Candy Co
    2
    What are the deliverable formats of the Candy Market Market report?
    The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
    3
    What are the options available for the customization of this report? 
    Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
    4
    What are the future trends of the Candy Market Market?
    Among such key trends that shall shape the future of the candy market are premium and artisanal candies, so to speak, where one is looking for high quality, unique, and handcrafted products, and growing popularity of personalization or customized candies based on individual needs and preferences. Integration of technology is also transforming the face of the industry through such experiences as augmented and virtual reality and drives innovation in product production through data analytics. The growing health consciousness has led to increased demand in functional candies, delivering benefits to consumers' health. Some of these trends are currently remodeling the candy market and opening more opportunities for industries
    5
    What is the expected CAGR of the Candy Market Market?
    Candy Market Market is expected to grow at a CAGR of 4.5% between 2023-2031
    6
    What are the driving factors impacting the Candy Market Market?
    Various factors fuel the growth of the global candy market. Firstly, growing disposable incomes, especially in developing countries, expose more consumers to the freedom of spending on indulgent goods. Secondly, urbanization and westernization of life increase the demand for easy and convenient ready-to-eat snacks. Thirdly, innovative product launches, including sugar-free, organic, and functional candies, move in accordance with the new preferences of consumers. Last but not least, e-commerce now extends the reach and convenience of the market for manufacturers as well as consumers.
    Habi Ummer
    Manager,
    Market Research & Consulting

    Habi is a seasoned Market Research Analyst with 8 years of experience specializing in the Chemicals and Materials sector, with additional expertise in the Food & Beverages and Consumer Goods industries. He is a Chemical Engineer from Vishwakarma Institute of Technology (VIT) and has developed deep domain knowledge across industrial and specialty chemicals, paints and coatings, paper and packaging, lubricants, and consumer products. Habi’s core competencies include market sizing and forecasting, competitive benchmarking, trend analysis, client engagement, report writing, and team coordination—making him adept at delivering actionable insights and supporting strategic decision-making.

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
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    Our Clients
    The List of Companies

    1. Perfetti Van Melle Group B.V.
    2. Mondelez International, Inc.,
    3. Mars, Incorporated
    4. Haribo GmbH and Co. KG
    5. Nestle S.A.
    6. The Hershey Company
    7. Ferrero Group
    8. Cloetta Ab
    9. Grupo Arcor
    10. Ferrara Candy Co.
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