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2021 Candy Market Outlook and Opportunities in the Post COVID recovery- What’s next for companies, demand, Candy market size, strategies, and countries to 2028

July 2021 | 110 pages | ID: 22D2B499F656EN
VPAResearch

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The Candy market size is forecast to increase at a Compounded Annual Growth Rate (CAGR) of 3.6% over the forecast period from 2021 to 2028. The market report analyses Candy companies, market size outlook across types, applications, countries along with competitive strategies, Candy trends, drivers, opportunities and market developments. The base year for the Candy study is 2020.

The global Candy market is poised to register optimistic growth rates throughout 2021 and 2022 as positive momentum builds in the world economy, though some differences remain among geographies. The pace of change will accelerate in the Candy industry and companies quickly re-aligning their strategies will emerge stronger from the unprecedented changes. However, the COVID-19 pandemic remains a major threat for most Candy market outlook in addition to concerns of inflation, supply-chain disruptions, and weak consumer demand.

Global Candy Market%li%Post COVID-19 Recovery Scenarios and Impact Analysis

The COVID-19 pandemic had a significant impact on the regional and country-level Candy markets worldwide. The report presents three outlook scenarios for the global Candy market size for 2021 and 2022.
  • Low Growth: Economic recovery will be slow, supply-chain disruptions continue to pose challenges, and consumer demand remains weak.
  • Medium Growth: Economic recovery will be fast, supply-chain disruptions continue, and consumer demand recovers moderately.
  • High Growth: Rapid economic recovery, supply-chain disruptions handled, and consumer demand will be strong
The outlook for economic progress across most countries is optimistic for 2021. Assuming localized recurrences of the Coronavirus, economic growth accelerates in the second half of 2021, and consumption returning to pre-pandemic levels in 2021, Chinese real GDP growth is estimated at 7.9% and 8.4% in 2021 and 2022 respectively. Similarly, the US is likely to register 4% growth in 2021 and 3% in 2022 while the European real GDP growth is estimated at 2.7% for 2021 and 5.1% for 2022.

Candy Market Driving Factors, Restraints, and Opportunities

The global Candy market has significant market potential and offers diverse opportunities across countries. Strategic and financial investors are racing to capture the strong potential in the industry. In this report, we examine the main Candy trends that will likely influence the future of Candy markets. The Candy report also identifies promising investment opportunities and offers a view of how players might successfully pursue them. The pandemic led to a widening divide between rural and urban communities, and companies must overcome challenges in the Candy industry. Acting with determination and speed is one of the critical success factors in the near to medium future. Detailed analyses of challenges faced by Candy companies operating in the market are included in the report.

Candy Market Segmentation Analysis and Outlook

The report scope encompasses major Candy types and major Candy applications worldwide and presents a detailed analysis and outlook of each specific Candy type and application. Forecasts of individual types and applications are provided at the global level and also analyzed for North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In each region, the largest and fastest-growing market types and applications are analyzed. The base year is 2020 and the forecast period is from 2021 to 2028 for all segments.

Geographic Analysis: Asia Pacific countries are among the fastest-growing markets globally

We hold an optimistic outlook for both the consumption and market size outlook for Asia Pacific countries. With most countries in the Asia Pacific witnessing their currencies appreciate against the US dollar over 2021, the short-term outlook remains robust across markets. Further, over the long run, driven by attractive demographics profile in the Asia Pacific and an increasing number of middle-to-upper income households, countries in the Asia Pacific Candy market will register a strong growth outlook throughout the forecast period. Consumers are also quickly re-prioritizing their spending away from essentials, which will support the Candy market growth in the Asia Pacific.

In addition to the Asia Pacific, the report also analyzes the short-term and long-term outlook of North America Candy market, Europe Candy market, Latin America Candy market, Middle East, and Africa Candy markets. Countries covered in the scope of the Candy study include United States, Canada, Mexico, Brazil, Argentina, Germany, United Kingdom, France, Spain, Italy, China, India, Japan, South Korea, Middle East, Africa, and others.

Competitive Landscape: Candy Market Companies

The global Candy market is facing intense competitive conditions as more companies continue to target specific customer bases. The recovery from the pandemic is not uniquely spread across geographies and accordingly, most companies are opting for focused strategies to localized market conditions since the start of the pandemic. For instance, the majority of European consumers continue to emphasize seeking brands with strong purpose and good values while there has been a fundamental shift from essential goods in some Asia Pacific markets. The report analyses five leading Candy companies including their business operations, SWOT Analysis, and financial profile.

Scope of the Candy Study
  • Historic and Forecast period considered for the study is from 2018 to 2028
  • Base Year for the study is 2020, while the forecast period is from 2021 to 2028
  • The Candy market size is presented in value terms, in US Dollars
  • Strategic Analysis Review including Trends, Drivers, Restraints, Key competitive strategies, and porter's five forces analysis
  • Segments covered include types, applications, and countries/regions
  • Candy Countries covered include US, Canada, Mexico, China, India, Japan, South Korea, Germany, United Kingdom, France, Spain, Italy, Brazil, Argentina, Other Asia/Oceania, Other Europe, Other Latin America, Middle East, Africa, and others
  • Candy Companies including five key players in the industry and their business overview, SWOT, and financial profiles are detailed.
Reasons to Buy
  • The report assists in finding the right investment opportunity through a deep understanding of specific segments, and geographies
  • Gain reliable current market information and long term market outlooks
  • Data accessible in excel formats to support your organization with strategic analysis and economic modeling
  • Improve your planning and forecasting by understanding potential opportunities, market trends, and restraints
  • Stay ahead of the curve with market intelligence on 15 countries and five companies worldwide
Key questions answered
  • What are the possible scenarios of Candy market growth outlook in the post-pandemic period?
  • Who are the major end-user industries of Candy?
  • The impact of buyer and supplier bargaining power, the threat of new players and substitutes, and competitive rivalry?
  • Which countries will gain market size in the medium to long term future?
  • What are the promising trends and drivers of Candy markets?
  • Who are the leading players and how is the competition?
1. INTRODUCTION TO CANDY MARKET PAGE

1.1 Executive Summary
1.2 Candy Market Size Outlook, US$ Million, 2020- 2028
1.3 Market Segmentation
1.4 Research Methodology
  1.4.1 Study Objectives
  1.4.2 Market Scope and Assumptions
1.5 Abbreviations

2. OVERVIEW OF CANDY MARKET

2.1 Current market information, 2021
2.2 Major Companies in Candy Industry
2.3 Candy Market Drivers
2.4 Candy Market Restraints
2.5 Candy Market Opportunities
2.6 Five Forces Analysis

3. BEYOND THE PANDEMIC: CANDY MARKET OUTLOOK SCENARIOS

3.1 Low Growth: Economic recovery will be slow, supply-chain disruptions continue to pose challenges and consumer demand remains weak
3.2 Medium Growth: Economic recovery will be fast, supply-chain disruptions continue and consumer demand recovers moderately
3.3 High Growth: Rapid economic recovery, supply-chain disruptions handled and consumer demand will be strong

4. MACROECONOMIC AND DEMOGRAPHIC OUTLOOK

4.1 Global Economic Analysis and Outlook, 2020- 2030
4.2 Demographic Profiles of Select Countries, 2020- 2030

5. CANDY MARKET OUTLOOK, BY TYPE

5.1 Current Market Information
5.2 Dominant Candy Market Types in 2021
5.3 Types with Fastest Growth Potential between 2021 and 2028

6. CANDY MARKET OUTLOOK, BY APPLICATION

6.1 Current Market Information
6.2 Dominant Candy Market Applications in 2021
6.3 Applications with Fastest Growth Potential between 2021 and 2028

7. NORTH AMERICA CANDY MARKET SIZE ANALYSIS AND FORECASTS

7.1 Key facts about the North America Candy Markets
7.2 North America Candy Trends and Opportunities
7.3 Long-term Market Outlooks: North America Candy Market by Type
7.4 Long-term Market Outlooks: North America Candy Market by Application
7.5 Long-term Market Outlooks: North America Candy Market by Country
7.6 United States Candy Market Size Outlook, US$ Million, 2020- 2028
7.7 Canada Candy Market Size Outlook, US$ Million, 2020- 2028
7.8 Mexico Candy Market Size Outlook, US$ Million, 2020- 2028

8. EUROPE CANDY MARKET SIZE ANALYSIS AND FORECASTS

8.1 Key facts about the Europe Candy Markets
8.2 Europe Candy Trends and Opportunities
8.3 Long-term Market Outlooks: Europe Candy Market by Type
8.4 Long-term Market Outlooks: Europe Candy Market by Application
8.5 Long-term Market Outlooks: Europe Candy Market by Country
8.6 Germany States Candy Market Size Outlook, US$ Million, 2020- 2028
8.7 France Candy Market Size Outlook, US$ Million, 2020- 2028
8.8 United Kingdom Candy Market Size Outlook, US$ Million, 2020- 2028
8.9 Spain Candy Market Size Outlook, US$ Million, 2020- 2028
8.10 Italy Candy Market Size Outlook, US$ Million, 2020- 2028
8.11 Other Europe Candy Market Size Outlook, US$ Million, 2020- 2028

9. ASIA PACIFIC CANDY MARKET SIZE ANALYSIS AND FORECASTS

9.1 Key facts about the Asia Pacific Candy Markets
9.2 Asia Pacific Candy Trends and Opportunities
9.3 Long-term Market Outlooks: Asia Pacific Candy Market by Type
9.4 Long-term Market Outlooks: Asia Pacific Candy Market by Application
9.5 Long-term Market Outlooks: Asia Pacific Candy Market by Country
9.6 China Candy Market Size Outlook, US$ Million, 2020- 2028
9.7 India Candy Market Size Outlook, US$ Million, 2020- 2028
9.8 Japan Candy Market Size Outlook, US$ Million, 2020- 2028
9.9 Japan Candy Market Size Outlook, US$ Million, 2020- 2028
9.10 South Korea Candy Market Size Outlook, US$ Million, 2020- 2028
9.11 Other Asia Pacific Candy Market Size Outlook, US$ Million, 2020- 2028

10. LATIN AMERICA CANDY MARKET SIZE ANALYSIS AND FORECASTS

10.1 Key facts about the Latin America Candy Markets
10.2 Latin America Candy Trends and Opportunities
10.3 Long-term Market Outlooks: Latin America Candy Market by Type
10.4 Long-term Market Outlooks: Latin America Candy Market by Application
10.5 Long-term Market Outlooks: Latin America Candy Market by Country
10.6 Brazil Candy Market Size Outlook, US$ Million, 2020- 2028
10.7 Argentina Candy Market Size Outlook, US$ Million, 2020- 2028
10.8 Other Latin America Candy Market Size Outlook, US$ Million, 2020- 2028

11. MIDDLE EAST AND AFRICA CANDY MARKET SIZE ANALYSIS AND FORECASTS

11.1 Key facts about the Middle East and Africa America Candy Markets
11.2 Middle East and Africa Candy Trends and Opportunities
11.3 Long-term Market Outlooks: Middle East and Africa Candy Market by Type
11.4 Long-term Market Outlooks: Middle East and Africa Candy Market by Application
11.5 Long-term Market Outlooks: Middle East and Africa Candy Market by Country
11.6 Middle East Candy Market Size Outlook, US$ Million, 2020- 2028
11.7 Africa Candy Market Size Outlook, US$ Million, 2020- 2028

12. GLOBAL CANDY MARKETS- COMPETITIVE LANDSCAPE

12.1 Key Five Players Operating in the Candy Industry
12.2 Business Operations
12.3 SWOT Analysis
12.4 Financial Profiles

13. APPENDIX

13.1 About VPA Research
13.2 Sources and Research Methodology
13.3 Copyright and Disclaimer


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