Global Confectioneries Market Is Expected to Reach $205.3 Million by 2022; Finds New Report
Global Confectioneries Market is estimated at $161.6 million in 2015 and is poised t- reach $205.3 million by 2022, growing at a CAGR of 3.5% during the forecast period. Increasing disposable income, rising population, growing urbanization and rising trade market are some of the key factors driving the confectionery market. The major challenges for the industry include rising government regulations, changing end user preferences and health issues. The chocolate segment is estimated t- witness the maximum growth.
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