How Will E-Commerce Expansion and Sugar-Reduced Innovations Propel the Global Confectionery Market at a 4.3% CAGR by 2034? According to a new report from Intel Market Research, the global Confectionery Market was valued at USD 168.1 billion in 2026 and is projected to reach USD 224.6 billion by 2034, growing at a moderate CAGR of 4.3% during the forecast period (2025–2032). This sustained expansion stems from consistent consumer appetite for affordable indulgences, coupled with robust marketing campaigns and ongoing product innovation that addresses changing consumer preferences such as sugar-reduced options and plant-based formulations. The proliferation of modern retail formats, particularly hypermarkets and supermarkets, alongside the rapidly expanding e-commerce sector, substantially contributes to market advancement. While North America and Europe represent established markets, the Asia-Pacific region presents substantial growth prospects due to rising disposable incomes and rapid urban development. Leading industry participants encompass Mars, Incorporated, Mondelez International, Nestle, Meiji Holdings, Ferrero Group, The Hershey Company, Arcor, Perfetti Van Melle, Haribo, Lindt & Sprüngli, and Barry Callebaut, among several others. https://www.intelmarketresearch.com/download-free-sample/16544/confectionery-market

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