Global Candy And Chocolate Manufacturing Market Size To Exceed USD 314.5 Billion By 2035 | CAGR of 2.32%
Category: Food & BeveragesGlobal Candy And Chocolate Manufacturing Market Size To Exceed USD 314.5 Billion By 2035
According to a research report published by Spherical Insights & Consulting, the Global Candy & Chocolate Manufacturing Market Size is Expected to grow from USD 244.5 Billion in 2024 to USD 314.5 Billion by 2035, at a CAGR of 2.32% during the forecast period 2025-2035.
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Browse 298 Market Data Tables And 45 Figures Spread Through 130 Pages and In-Depth TOC On The "Global Candy & Chocolate Manufacturing Market Size, Share, and COVID-19 Impact Analysis, By Product & Service (Chocolate Candy, Non-Chocolate Candy, and Gum), By Major Market (Confectionery Wholesalers, Supermarkets & Grocery Stores, Food Manufacturers, Hospitality Trade, Discount Stores, and Direct to Public), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/candy-chocolate-manufacturing-market
The candy & chocolate manufacturing market is the industry encompassing the production and sale of various confectionery products, like chocolate bars, boxed chocolates, and other candies. Candy & chocolate manufacturing is a multi-stage process that involves sourcing of raw material to the final packaging. The emergence of innovative chocolate flavors, the introduction of healthy ingredients, and sugar alternative solutions are bolstering the market growth opportunities. Consumers' increasing interest in premium and artisanal chocolates and the availability of dark chocolate and plant-based alternatives are driving the candy & chocolate manufacturing market. On the contrary, the unfavourable weather patterns and plant diseases, as well as the challenges or issues associated with quality control, are restraining the candy & chocolate manufacturing market.
The chocolate candy segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the product & service, the candy & chocolate manufacturing market is divided into chocolate candy, non-chocolate candy, and gum. Among these, the chocolate candy segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. Consumers' increasing preference for chocolate candy due to its rich taste, variety, and cultural significance is contributing to driving the candy & chocolate manufacturing market.
The supermarkets & grocery stores segment accounted for the largest revenue share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the major market, the candy & chocolate manufacturing market is divided into confectionery wholesalers, supermarkets & grocery stores, food manufacturers, hospitality trade, discount stores, and direct to public. Among these, the supermarkets & grocery stores segment accounted for the largest revenue share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. Consumers increasingly prefer supermarkets & grocery stores for shopping for confectionery products, including candy and chocolate, which is anticipated to drive the market.
North America is expected to hold the majority share of the global candy & chocolate manufacturing market during the forecast period.
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North America is expected to hold the majority share of the global candy & chocolate manufacturing market during the forecast period. The strong demand for artisanal chocolates during special occasions such as Christmas and Halloween is driving the market growth. Consumer inclination in the confectionery market, driven by an increasing appetite for premium chocolate and innovative products, is driving the market demand for candy & chocolate manufacturing.
Asia Pacific is anticipated to grow at the fastest pace in the global candy & chocolate manufacturing market during the forecast period. Trends towards premiumization, health-consciousness, and sustainability that are influencing the product development are bolstering the market growth. Further, the emergence of healthy indulgence of low-fat and sugar-free chocolates is driving the candy & chocolate manufacturing market.
Major vendors in the global candy & chocolate manufacturing market are Barry Callebaut, Chocoladefabriken Lindt & Sprungli AG, Modelen International Inc., Nestle, The Hershey Company, Ferrero Group, Mars, Incorporated, The Australian Carob Co, Meiki Holdings Co Ltd, Arcor, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In April 2025, the Ontario government welcomed an investment of $445 million by Ferrero Group, one of the world’s largest sweet-packaged food manufacturers, to expand the company’s production facility in Brantford.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the candy & chocolate manufacturing market based on the below-mentioned segments:
Global Candy & Chocolate Manufacturing Market, By Product & Service
- Chocolate Candy
- Non-Chocolate Candy
- Gum
Global Candy & Chocolate Manufacturing Market, By Major Market
- Confectionery Wholesalers
- Supermarkets & Grocery Stores
- Food Manufacturers
- Hospitality Trade
- Discount Stores
- Direct to Public
Global Candy & Chocolate Manufacturing Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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