The global sugar confectionery market is estimated to grow at a CAGR of 3.5% during the forecast period. Rising demand for snack bars and increasing launches of healthier confectionery products are some pivotal factors encouraging market growth. The significant presence of millennials has led to the increased adoption of snack bars as a healthier snack which supports busy lifestyles and offers a healthy dose of fiber and protein. As per the Organization for Economic Cooperation and Development (OECD), in 2018, the percentage of the working-age population (15-64) in the UK, Germany, France, Italy, and Sweden was 63.8%, 65.0%, 62.1%, 64.0%, and 62.4%, respectively. A large number of these age group populations are primarily focused on exercise and dietary habits, which leads to increasing demand for energy and cereal bars to meet their nutritional requirements.
Request a free sample of our report on Sugar Confectionery Market: https://www.omrglobal.com/request-sample/sugar-confectionery-market
As a result, several companies are focusing on launching new snack bars to cater to the needs of increased demand. For instance, in March 2020, CORE Foods, a provider of fresh, refrigerated snacking, declared the introduction of CORE ENERGY BARS. It is a new line of plant-based bars which is filled with probiotics, prebiotic fiber, natural caffeine, and protein to offer balanced nutrition. This new line of energy bars is available in three coffee shop-inspired flavors, including Caramel Coffee Crunch, Mocha Chip Espresso, and Strawberry Basil Tea. Such new products comprise 65 mg of natural caffeine and complement the brand’s current portfolio of fresh snacking options that allow consumers to enjoy these snack bars on-the-go.
A full report of Sugar Confectionery Market is available at https://www.omrglobal.com/industry-reports/sugar-confectionery-market
Global Sugar Confectionery Market Segmentation
By Product
• Chocolate
o White and Milk
o Dark
• Sugar-Based Food
o Boiled Sweets
o Caramels and Toffees
o Mints
o Gums and Jellies
o Others
• Snack Bars
o Energy Bars
o Cereal Bars
o Others
By Distribution Channel
• Online
• Offline
o Supermarket/Hypermarket
o Convenience Stores
o Others
Regional Analysis
• North America
o United States
o Canada
• Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific
• Rest of the World
Company Profiles
• Arcor Group
• August Storck KG
• Bourbon Corp.
• Chocoladefabriken Lindt & Sprüngli AG
• Chocolat Frey AB
• Cloetta AB
• Crown Confectionery Co., Ltd.
• Dongguan Hsu Chi Food Co., Ltd.
• DS Group
• Ezaki Glico Co., Ltd.
For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/sugar-confectionery-market
About us:
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
For More Information, Visit https://www.omrglobal.com/
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: [email protected]
Contact no: +91 780-304-0404