There is an increase in demand for non-cocoa confectionery due to rise in disposable incomes and changing consumption patterns.
Pune, India -- (SBWIRE) -- 12/15/2018 -- Market Highlights:
There is an increase in demand for non-cocoa confectionery due to rise in disposable incomes and changing consumption patterns. Hike in confectionery ingredients prices for ingredients in the recent years has encouraged consumers to opt for other non-cocoa confectionery products.
Taste the market data and market information presented through more than 85 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on "The Global Non-Cocoa Confectionery Market Research Report -Forecast to 2022.
Advancements in chocolate processing technologies like inclusion of 3d-chocolates, use of different colors, flavors and other confectionery ingredients is also supporting the non-cocoa confectionery market. Hence, non-cocoa confectionery is expected to grow at CAGR of more than 3.28% from 2016 to 2022.
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Key players:
The key players profiled in Confectionery are Mondelez International Inc., Ferrero SpA, The Hershey Company, Nestle India Limited, Arcor Group, DS Group, Lindt & Sprüngli, Cloetta AB, Lotte Sugar Confectionery Co. Ltd, Morinaga & Co. Ltd., Ezaki Glico, MARS Inc., ITC Limited and Orion Confectionery Co. Ltd.
Key Findings:
Secondary data reveals that the Confectionery sales is projected to grow more than 3.28% annually post the year 2022
The top 5 exporters of confectionery includes Germany, Mexico, China, Belgium and Turkey
Perception and association of new ideas with new flavors and forms like fun bites, bits, rolls, crisps is supporting the non-cocoa confectionery market
Reasons to buy
This report includes in-depth study analysis of non-cocoa confectionery market
It covers market segmentation by type and form
It helps in identifying region-wise major suppliers and understand consumption patterns
The report will provide useful and premium insights that will support in investments for confectionery and allied companies providing details on the fast growing segments and regions
In addition, it will provide key findings that will help the companies to improve profitability by using supply chain strategies, cost effectiveness of various products mentioned in the report
The data used in the report is primarily based on primary interviews with the major producing companies and industry experts and also supported by authentic industry data from secondary sources
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