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Daily Newsletter
26 August 2024
Daily Newsletter
26 August 2024
Confectionery Market Overview
Per GlobalData, the global confectionery sector was valued at $196.9 billion in 2023 and is projected grow at a CAGR of >4% by 2028. In 2023, chocolate was the largest category in terms of value, followed by sugar confectionery. However, sugar confectionery cornered the largest volume share globally, followed by chocolate. The top five companies in the global confectionery sector cornered a combined value share of ~46% in 2023, led by Mars, and followed by Mondelēz International.
Confectionery Market Overview
Per GlobalData, the global confectionery sector was valued at $196.9 billion in 2023 and is projected grow at a CAGR of >4% by 2028. In 2023, chocolate was the largest category in terms of value, followed by sugar confectionery. However, sugar confectionery cornered the largest volume share globally, followed by chocolate. The top five companies in the global confectionery sector cornered a combined value share of ~46% in 2023, led by Mars, and followed by Mondelēz International.
Confectionery Market Overview
Per GlobalData, the global confectionery sector was valued at $196.9 billion in 2023 and is projected grow at a CAGR of >4% by 2028. In 2023, chocolate was the largest category in terms of value, followed by sugar confectionery. However, sugar confectionery cornered the largest volume share globally, followed by chocolate. The top five companies in the global confectionery sector cornered a combined value share of ~46% in 2023, led by Mars, and followed by Mondelēz International.
Confectionery Market Overview
Per GlobalData, the global confectionery sector was valued at $196.9 billion in 2023 and is projected grow at a CAGR of >4% by 2028. In 2023, chocolate was the largest category in terms of value, followed by sugar confectionery. However, sugar confectionery cornered the largest volume share globally, followed by chocolate. The top five companies in the global confectionery sector cornered a combined value share of ~46% in 2023, led by Mars, and followed by Mondelēz International.
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