Satisfy Every Sweet Tooth: Navigating the Confectionery Market Trends
October 31, 2023 ⚊ 1 Min read ⚊ Views 52 ⚊ BUSINESS
Indulge in the world of confectionery market Analysis. Explore market trends, innovation, and consumer preferences in the confectionery industry. From timeless classics to innovative treats, uncover the sweet opportunities in this dynamic market. The confectionery market size was $187 billion in 2022. The market is expected to record a CAGR of more than 6% during 2022-2027. Healthy confectionery has become more popular as consumers are seeking guilt-free indulgence. This has pushed companies to innovate and reformulate their products to suit these consumers’ needs. Furthermore, consumers’ interest in the use of healthier ingredients has led to the launch of products with no trans fats and low/zero-sugar claims along with healthy/nutritional ingredients.
