Global Candy Market Forecast 2026

2016 – 2026 GLOBAL CANDYMARKET FORECAST & OPPORTUNITIES www.techsciresearch.com MARKET INTELLIGENCE . CONSULTING

Scope of Report Product of Interest (POI): Candy The global candy market is expected to witness steady growth during the forecast period owing to increasing innovation in existing products and rising demand for chocolate products globally. However, rising health concerns about diseases like obesity and diabetes are somewhat inhibiting the growth of the global candy market. To tackle this situation, sugar-free and low-calorie candies are being manufactured by the companies. In terms of product type, the candy market is categorized into sugar candy, chocolate candy and gum candy. Market Segmentation GLOBAL CANDY MARKET Year Range TYPE • Sugar Candy Review Period • Chocolate Candy 2016 – 2019 • Gum Candy Base Year REGION DISTRIBUTION CHANNEL 2020 • North America • Convenience Stores Estimated Year • Europe • Tradition Grocery Stores 2021 • Middle East & Africa • Supermarkets/Hypermarkets • Asia-Pacific • Online Sales Channel Forecast Period • South America • Departmental Store 2022 – 2026 2

Table of Contents S. No. Contents Page No. 1. Product Overview 2. Research Methodology 3. Executive Summary 4. Voice of Customer 4.1. Brand Awareness 4.2. Frequency of Usage & Purchase 4.3. Sources of Information Conferred 4.4. Reason for Purchase 5. Global Candy Market Outlook 5.1. Market Size & Forecast 5.1.1. By Value 5.2. Market Share & Forecast 5.2.1. By Product Type (Sugar Candy, Chocolate Candy and Gum Candy) 5.2.2. By Distribution Channel (Convenience Stores, Tradition Grocery Stores, Supermarkets/Hypermarkets, Online Sales Channel and Departmental Stores) 5.2.3. By Company (2020) 5.2.4. By Region 5.3. Market Map 3

Table of Contents S. No. Contents Page No. 6. Asia-Pacific Candy Market Outlook 6.1. Market Size & Forecast 6.1.1. By Value 6.2. Market Share & Forecast 6.2.1. By Product Type 6.2.2. By Distribution Channel 6.2.3. By Country 6.3. Asia-Pacific: Country Analysis 6.3.1. China Candy Market Outlook 6.3.1.1. Market Size & Forecast 6.3.1.1.1. By Value 6.3.1.2. Market Share & Forecast 6.3.1.2.1. By Product Type 6.3.1.2.2. By Distribution Channel 6.3.2. India Candy Market Outlook 4

Table of Contents S. No. Contents Page No. 6.3.2.1. Market Size & Forecast 6.3.2.1.1. By Value 6.3.2.2. Market Share & Forecast 6.3.2.2.1. By Product Type 6.3.2.2.2. By Distribution Channel 6.3.3. Japan Candy Market Outlook 6.3.3.1. Market Size & Forecast 6.3.3.1.1. By Value 6.3.3.2. Market Share & Forecast 6.3.3.2.1. By Product Type 6.3.3.2.2. By Distribution Channel 6.3.4. South Korea Candy Market Outlook 6.3.4.1. Market Size & Forecast 6.3.4.1.1. By Value 6.3.4.2. Market Share & Forecast 6.3.4.2.1. By Product Type 6.3.4.2.2. By Distribution Channel 5

Table of Contents S. No. Contents Page No. 6.3.5. Indonesia Candy Market Outlook 6.3.5.1. Market Size & Forecast 6.3.5.1.1. By Value 6.3.5.2. Market Share & Forecast 6.3.5.2.1. By Product Type 6.3.5.2.2. By Distribution Channel 7. Europe Candy Market Outlook 7.1. Market Size & Forecast 7.1.1. By Value 7.2. Market Share & Forecast 7.2.1. By Product Type 7.2.2. By Distribution Channel 7.2.3. By Country 7.3. Europe: Country Analysis 6

Table of Contents S. No. Contents Page No. 7.3.1. France Candy Market Outlook 7.3.1.1. Market Size & Forecast 7.3.1.1.1. By Value 7.3.1.2. Market Share & Forecast 7.3.1.2.1. By Product Type 7.3.1.2.2. By Distribution Channel 7.3.2. Germany Candy Market Outlook 7.3.2.1. Market Size & Forecast 7.3.2.1.1. By Value 7.3.2.2. Market Share & Forecast 7.3.2.2.1. By Product Type 7.3.2.2.2. By Distribution Channel 7.3.3. United Kingdom Candy Market Outlook 7.3.3.1. Market Size & Forecast 7.3.3.1.1. By Value 7.3.3.2. Market Share & Forecast 7.3.3.2.1. By Product Type 7.3.3.2.2. By Distribution Channel 7

Table of Contents S. No. Contents Page No. 7.3.4. Italy Candy Market Outlook 7.3.4.1. Market Size & Forecast 7.3.4.1.1. By Value 7.3.4.2. Market Share & Forecast 7.3.4.2.1. By Product Type 7.3.4.2.2. By Distribution Channel 7.3.5. Russia Candy Market Outlook 7.3.5.1. Market Size & Forecast 7.3.5.1.1. By Value 7.3.5.2. Market Share & Forecast 7.3.5.2.1. By Product Type 7.3.5.2.2. By Distribution Channel 8. North America Candy Market Outlook 8.1. Market Size & Forecast 8.1.1. By Value 8.2. Market Share & Forecast 8.2.1. By Product Type 8.2.2. By Distribution Channel 8.2.3. By Country 8

Table of Contents S. No. Contents Page No. 8.3. North America: Country Analysis 8.3.1. United States Candy Market Outlook 8.3.1.1. Market Size & Forecast 8.3.1.1.1. By Value 8.3.1.2. Market Share & Forecast 8.3.1.2.1. By Product Type 8.3.1.2.2. By Distribution Channel 8.3.2. Mexico Candy Market Outlook 8.3.2.1. Market Size & Forecast 8.3.2.1.1. By Value 8.3.2.2. Market Share & Forecast 8.3.2.2.1. By Product Type 8.3.2.2.2. By Distribution Channel 8.3.3. Canada Candy Market Outlook 8.3.3.1. Market Size & Forecast 8.3.3.1.1. By Value 8.3.3.2. Market Share & Forecast 8.3.3.2.1. By Product Type 8.3.3.2.2. By Distribution Channel 9

Table of Contents S. No. Contents Page No. 9. South America Candy Market Outlook 9.1. Market Size & Forecast 9.1.1. By Value 9.2. Market Share & Forecast 9.2.1. By Product Type 9.2.2. By Distribution Channel 9.2.3. By Country 9.3. South America: Country Analysis 9.3.1. Brazil Candy Market Outlook 9.3.1.1. Market Size & Forecast 9.3.1.1.1 By Value 9.3.1.2. Market Share & Forecast 9.3.1.2.1. By Product Type 9.3.1.2.2. By Distribution Channel 9.3.2. Argentina Candy Market Outlook 10

Table of Contents S. No. Contents Page No. 9.3.2.1. Market Size & Forecast 9.3.2.1.1 By Value 9.3.2.2. Market Share & Forecast 9.3.2.2.1. By Product Type 9.3.2.2.2. By Distribution Channel 9.3.3. Colombia Candy Market Outlook 9.3.3.1. Market Size & Forecast 9.3.3.1.1 By Value 9.3.3.2. Market Share & Forecast 9.3.3.2.1. By Product Type 9.3.3.2.2. By Distribution Channel 10. Middle East & Africa Candy Market Outlook 10.1. Market Size & Forecast 10.1.1. By Value 10.2. Market Share & Forecast 10.2.1. By Product Type 10.2.2. By Distribution Channel 10.2.4. By Country 11

Table of Contents S. No. Contents Page No. 10.3. Middle East & Africa : Country Analysis 10.3.1. South Africa Candy Market Outlook 10.4.1.1. Market Size & Forecast 10.3.1.1.1. By Value 10.3.1.2. Market Share & Forecast 10.3.1.2.1. By Product Type 10.3.1.2.2. By Distribution Channel 10.3.2. Saudi Arabia Candy Market Outlook 10.3.2.1. Market Size & Forecast 10.3.2.1.1. By Value 10.3.2.2. Market Share & Forecast 10.3.2.2.1. By Product Type 10.3.2.2.2. By Distribution Channel 10.3.3. UAE Candy Market Outlook 10.3.3.1. Market Size & Forecast 10.3.3.1.1. By Value 10.3.3.2. Market Share & Forecast 10.3.3.2.1. By Product Type 10.3.3.2.2. By Distribution Channel 12

Table of Contents S. No. Contents Page No. 10.3.4. Qatar Candy Market Outlook 10.3.4.1. Market Size & Forecast 10.3.4.1.1. By Value 10.3.4.2. Market Share & Forecast 10.3.4.2.1. By Product Type 10.3.4.2.2. By Distribution Channel 11. Market Dynamics 11.1. Drivers 11.2. Challenges 12. Market Trends & Developments 13. Impact of COVID-19 on Global Candy Market 14. Competitive Landscape 14.1. Competition Benchmarking 14.2. Company Profiles (Leading companies) 14.2.1. Perfetti Van Melle Group 14.2.2. Mondelez International, Inc. 14.2.3. The Hershey Company 14.2.4. Mars, Incorporated 13

Table of Contents S. No. Contents Page No. 14.2.5. Nestlé S.A. 14.2.6. Crown Confectionery Co., Ltd. 14.2.7. Kellogg Company 14.2.8. Grupo Arcor S.A. 14.2.9. Lotte Confectionery Co., Ltd. 14.2.10. Meiji Holdings Co., Ltd. 15. Strategic Recommendations 16. About Us & Disclaimer 14

RESEARCH METHODOLOGY

Research Methodology Market Formulating Developing List Data Data Data Profiling Questionnaire of Respondents Collection Validation Analysis In-depth secondary In order to conduct List of industry TechSci conducted Data obtained as a The data was scrutinized research was conducted to industry experts’ players and industry interviews with result of primary using MS-Excel, statistical determine top players in interviews, TechSci specialists was industry experts and and secondary tools and internal the global candymarket, formulated a detailed developed. industry players for research was proprietary database to overall market size and discussion guide. data collection and validated through obtain qualitative and segmental market size. verification. rigorous quantitative insights about triangulation. the global candymarket. Primary Research Desk Research Company Analysis ✓ Identifying Key Opinion ✓ Recent Developments ✓ Market Participants Data Data Filter Research & Actionable Business ✓ Market Changing ✓ Key Strengths Collection & Analysis Intelligence Insights Solution Leaders Aspects/Dynamics ✓ Questionnaire Design ✓ Government Policies ✓ In-depth Interviews ✓ Conclusion Primary Research Secondary Paid Sources Research ✓ LinkedIn ✓ Company Websites ✓ Factiva ✓ TechSci Internal ✓ Company Annual ✓ Hoovers Database Reports ✓ White Paper Study ✓ Financial Reports ✓ Investor Presentations ✓ Regulatory Body ✓ Associations, etc. 16

Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of the global candy market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as increasing innovation in existing products andrising demand for chocolate products. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in the global candy market. Methodology Followed forCalculation of Market Size: • Market Size by Value : Market size, in terms of value, for the year 2020 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as candy manufacturers, companies, channel partners, market influencers & end users, industry experts, and other industry participants. • The team interviewed more than 15 – 20 candy manufacturers, companies, 100 – 120 end users, and 15 – 20 industry experts and other value chain stakeholders in the global candy market to obtain the overall market size from 2016 to 2020, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data during 2016- 2020. 17

Research Methodology • Respondents were asked about the current and future market growth rates, market shares by product type, by distribution channel, by region, and by company. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segmentswerefurthertriangulated from other stakeholders. Methodology Followed forCalculation of Market Shares: Market shares by product type, by distribution channel, by region and by company were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various segments of candy market. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers. Methodology Followed forForecasting: • TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in SPSS/TableauSoftware. • Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast global candy market, TechSciResearchused variousforecasttechniques suchas: ✓ Moving Average ✓ Time Series Analysis ✓ Regression Analysis ✓ Econometric and Judgmental Analysis 18

Research Methodology TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market including market share data. The currency used in the report is the United States Dollar (USD), with the market size indicated in USD million. Partial List of Companies Interviewed Key Secondary Sources ▪ Perfetti Van Melle Group ▪ World Bank ▪ Mondelez International, Inc. ▪ TechSci Research Proprietary Database & Knowledge ▪ The Hershey Company Repository ▪ Mars, Incorporated ▪ Nestlé S.A. ▪ Company Annual Reports ▪ Crown ConfectioneryCo., Ltd. ▪ Industry Magazines ▪ Kellogg Company ▪ Industry Reports ▪ Grupo ArcorS.A. ▪ News Dailies ▪ Lotte Confectionery Co., Ltd. ▪ Credible Paid Databases ▪ Meiji Holdings Co., Ltd. 19

Industry Brief According to TechSci Research report, “Global Candy Market By Product Type (Sugar Candy, Chocolate Candy & Gum Candy), By Distribution Channel (Convenience Stores, Traditional Grocery Stores, Supermarkets/Hypermarkets, Online Sales Channel & Departmental Store), By Region, Competition, Forecast &Opportunities, 2026”, the global candy market is expected to grow at a CAGR of more than 5% during the forecast period on account of the rising popularity of chocolate products, increasing disposable income and expenditure and rapid urbanization. However, rising health consciousness might hamper the growth of the market. To deal with this, manufacturers are coming up with sugar-free and low-calorie candies. For instance, Sejoyia Foods has launched two new flavors, i.e., Coconut Cashew, and Coco-Roons. Coco-Roons gives an indulgent taste in a cookie with no refined sugar and no added gluten. The global candy market can be segmented based on product type, distribution channel and region. In terms of product type, the market can be categorized into sugar candy, chocolate candy and gum candy. Among these, the sugar candy segment is likely to record a higher growth rate due to changing consumer preferences towards sugar- free and low-calorie candies. On the basis of regions, the global candy market can be segmented into North America, South America, Europe, Asia-Pacific and Middle East & Africa. Industrial demand is likely to become severe, owing to rising consumer health issues, fluctuating tendencies, falling sugar prices, and increasing incidences of dental problems due to high candy consumption. Promoting the marketing of health-improving goods by corporations is also playing a significant role in the market growth. As candies contain a large amount of sugar, they are also directly linked to diabetes and obesity. The creation of low-calorie and sugar-free candy alternatives is expected to resolve this issue. For instance, Nestlé S.A. introduced KitKats in various flavors such as dark chocolate and green tea to stay ahead in the market. Moreover, the introduction of organic contents, healthy nuts, and alcohol flavor is further fueling the growth of the global candy market. However, due to the growing consolidation and continuous investment for the enhancement of candy products by prominent multinational corporations, the success of the worldwide candy industry is expected to gain momentum. Candy manufacturers are also likely to create healthy substitutes for candies to moderate the adverse awareness of the customers. North America is projected to hold the largest market share in the global candy market by 2026, owing to the existence of key players in the region, as well as a large customer base for the candy market. Asia-Pacific is likely to witness the highest revenue growth, owing to fluctuations in eating habits, lifestyles and rising population with increasing consumption of candies, especially in China and India. Perfetti Van Melle Group, Mondelez International, Inc., The Hershey Company, Mars, Incorporated, Nestlé S.A., Crown Confectionery Co., Ltd., Kellogg Company, Grupo Arcor S.A., Lotte Confectionery Co., Ltd., and Meiji Holdings Co., Ltd. are some of the leading players operating in the global candy market. Major candy companies are expanding their manufacturing bases to meet the rising demand across developing countries in North America, APAC, Middle East & Africa, and South America. The global candy market is competitive in nature with the presence and minimal market share of domestic companies in countries such as China and India. Above all other aspects, launching of a new product has become the most critical strategy, due to the rapidly changing nature, taste and preferences of the consumers. Also, businesses have embraced growth through mergers and acquisitions by multinational companies, which has proven to be successful in making their presence stronger. It can also be a great opportunity for the key players to grow their sales by adding value ingredients and other nutrients in candies. “The global candy market is anticipated to grow over 5% during the next five years due to growing consumer base and increasing disposable income. Moreover, product innovation and high demand for candies during the festive season are further anticipated to positively influence the growth of the market through 2026.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm. 20

Sample Data -Snapshot Global Candy Market Size, By Value (USD Million), 2016–2026F 15.00 12.00 13.00 14.00 9.00 10.00 11.00 6.00 7.00 8.00 5.00 2016 CAGR By Value 2020 2021E CAGR By Value 2026F XX% YY% Europe CandyMarket Share, By Product Type, By Value, 2016–2026F Sugar Candy Chocolate Candy Gum Candy 2026F 33% 34% 33% 2025F 33% 34% 33% 2024F 33% 34% 33% 2023F 33% 34% 33% 2022F 33% 34% 33% 2021E 33% 34% 33% 2020 33% 34% 33% 2019 33% 34% 33% 2018 33% 34% 33% 2017 33% 34% 33% 2016 33% 34% 33% Germany CandyMarket Share, By Distribution Channel, By Value, 2016–2026F Convenience Stores Tradition Grocery Stores Supermarkets/Hypermarkets Online Sales Channel Departmental Stores 2026F 25% 25% 20% 20% 10% 2025F 25% 25% 20% 20% 10% 2024F 25% 25% 20% 20% 10% 2023F 25% 25% 20% 20% 10% 2022F 25% 25% 20% 20% 10% 2021E 25% 25% 20% 20% 10% 2020 25% 25% 20% 20% 10% 2019 25% 25% 20% 20% 10% 2018 25% 25% 20% 20% 10% 2017 25% 25% 20% 20% 10% 2016 25% 25% 20% 20% 10% 21

Report Ordering Report Name: GLOBAL CANDYMARKET FORECAST & OPPORTUNITIES 2016 – 2026 License Type Price Single User License $4900 Multi-User License $5900 Custom Research License $8900 To View Sample OR Purchase Report 22

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