The non-chocolate candy market is a thriving segment of the confectionery industry, driven by the widespread popularity of candies, also known as lollies. These sweet treats, primarily composed of sugar, come in diverse shapes and bite-sized forms, including gums, toffees, jellies, nougat, and caramel. The market experiences a surge in demand during the holiday season, especially among children. The incorporation of fruits, nuts, and almonds in many candies enhances their flavors and ads to their appeal. With continuous product innovation and effective marketing strategies, the non-chocolate candy market t is expected to witness steady growth in the coming years.
According to Data Bridge Market Research, the Global Non-Chocolate Candy Market was valued at USD 87.59 billion in 2021 and is expected to reach the value of USD 134.42 billion by 2029, at a CAGR of 5.50% during the forecast period of 2022-2029.
“Wide variety of non-chocolate candies appeals facilitate market growth”
The non-chocolate candy market experiences robust growth driven by several factors. Such as, the wide variety of non-chocolate candies appeals to diverse consumer preferences, creating a substantial consumer base and, innovative product launches, such as Russell Stover's Joy Bites and Perfetti Van Melle's Fruit-tella Soft Gummies, attract consumers seeking novel and unique candy experiences. Additionally, Mars Wrigley's expansion with new M&M'S block variants further fuels market growth. Furthermore, effective marketing strategies, attractive packaging, and accessibility through various distribution channels contribute to the market's success, making it a lucrative segment in the confectionery industry.
What restraints the growth of the global non-chocolate candy market?
“Rising incidence of dental problems”
The non-chocolate candy market faces a significant restraint in the form of a rising incidence of dental problems attributed to increased candy consumption. As consumers indulge in sugary candies, there is a higher risk of dental caries, tooth decay, and other oral health issues. The dental concerns have led to growing awareness among consumers about the adverse effects of excessive sugar intake, prompting many to reduce candy consumption. This shift in consumer behavior towards healthier options and dental care products poses a challenge to the growth of the non-chocolate candy market in the long run.
Segmentation: Global Non-Chocolate Candy Market
The non-chocolate candy market is segmented on the basis of type and distribution channel.
- On the basis of type, the non-chocolate candy market is segmented into hard type, chewing type, and scotch type.
- On the basis of distribution channel, the non-chocolate candy market is segmented supermarkets/hypermarkets, specialist stores, convenience stores, online stores, and others.
Regional Insights: North America dominates the Global Non-Chocolate Candy Market
North America's non-chocolate candy market is dominated by a combination of factors. Such as, the region boasts a substantial consumer base with a strong preference for candies, and, key players in the industry, such as Mars, Hershey, and Mondelez, have a significant presence, offering a wide range of popular and innovative candy products. Their extensive distribution networks and effective marketing strategies further contribute to the region's dominance in the non-chocolate candy market.
To know more about the study visit https://www.databridgemarketresearch.com/reports/global-non-chocolate-candy-market
Recent Developments in Global Non-Chocolate Candy Market
- In 2021, Russell Stover Chocolates unveiled Joy Bites, a Fairtrade chocolate bar line featuring non-GMO and organic ingredients and no added sugar, catering to health-conscious consumers' preferences.
- In 2020, Perfetti Van Melle USA Inc. launched Fruit-tella Soft Gummies in the U.S., the brand's first soft gummy product with European roots. The gummies, made with pectin and real fruit puree, come in playful fruit character shapes and flavors like Strawberry & Raspberry Peach & Mango.
- In 2019, Mars Wrigley United Kingdom announced plans to introduce four new M&M'S block variants to the U.K. market after the success of M&M'S Block in the United States and Australia. The new variants included Chocolate, Crispy, Hazelnut, and Peanut, expanding the brand's offerings in the chocolate block category.
The Prominent Key Players Operating in the Global Non-Chocolate Candy Market Include:
- Ghirardelli Chocolate Company (U.S.)
- Barry Callebaut (Switzerland)
- The Kraft Heinz Company (U.S.)
- Agostoni Chocolate (U.S.)
- The Hershey Company (U.S.)
- Blommer Chocolate Company (U.S.)
- Chocoladefabriken Lindt & Sprüngli AG (Switzerland)
- Ferrero (Italy)
- Mondelez International (U.S.)
- Nestle S.A (Switzerland)
- Cargill, Incorporated. (U.S.)
- LOTTE SHOPPING Co., Ltd. (South Korea)
- Mars, Incorporated (U.S.)
- Mondelez International Inc. (U.S.)
- Strauss Group (Israel)
- Favarger SA (Switzerland)
- Unilever (U.K.)
- Chocolat Bernrain AG (Switzerland)
Above are the key players covered in the report, to know about more and exhaustive list of global non-chocolate candy market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Non-Chocolate Candy Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. 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 vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
