The Flavored Candy Market is estimated to exhibit a CAGR of 10.00% during the forecast period. However, shift in consumer’s preference and lowering down of selling prices are factors expected to obstruct the market growth. Growing concerns regarding their effect on health and rise in awareness associated with lifestyle diseases such as obesity and diabetes will also limit the flavored candy market.
Currently, North America dominates the global flavored candy market in terms of market share and market revenue. This is because of the high consumption of flavored candies and high production of the product.
According to Data Bridge Market Research, the global flavored candy market will exhibit a significant rise in its market value. The growth in urbanization and target consumer base and product innovations are the major factors driving the flavored candy market. The increase in population growth, change in consumer’s preferences and rise in disposable income also influence the market growth. Additionally, the increase in investment in innovation of products by leading manufacturers and companies promoting health improving products accelerate the flavored candy market. Furthermore, the emergence of sugar-free and low-calorie candies and the growth in awareness towards these products extend profitable opportunities to the market players.
Now the question is which are the other regions that the global flavored candy market is targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific. Changing lifestyle and rising personal disposable income are some market growth determinants. Also, rising tastes preferences is fostering the growth of market in this region.
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The global flavored candy market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
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Key Market Competitors Covered in the Flavored Candy Market report
Above are the key players covered in the report, to know about more and exhaustive list of flavoured candy companies, contact us. https://www.databridgemarketresearch.com/toc/?dbmr=global-flavored-candy-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an enquiry to speak to our industry experts.
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Global Flavored Candy Market – Industry Trends and Forecast to 2028