Asia Pacific Confectionery Market Size
Icons | Lable | Value |
---|---|---|
Study Period | 2018 - 2030 | |
Market Size (2024) | USD 40.84 Billion | |
Market Size (2030) | USD 54.37 Billion | |
Largest Share by Distribution Channel | Supermarket/Hypermarket | |
CAGR (2024 - 2030) | 4.89 % | |
Largest Share by Country | China | |
Market Concentration | Low | |
Major Players |
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*Disclaimer: Major Players sorted in alphabetical order. |
Asia Pacific Confectionery Market Analysis
The Asia Pacific Confectionery Market size is estimated at 40.84 billion USD in 2024, and is expected to reach 54.37 billion USD by 2030, growing at a CAGR of 4.89% during the forecast period (2024-2030).
40.84 Billion
Market Size in 2024 (USD)
54.37 Billion
Market Size in 2030 (USD)
1.91 %
CAGR (2018-2023)
4.89 %
CAGR (2024-2030)
Largest Segment by Confections
44.73 %
value share, Chocolate, 2023
Chocolate consumption in the region is supported by high demand for innovative flavors, purchasing power, and consumption patterns of the consumers during the study period.
Largest Segment by Distribution Channel
39.04 %
value share, Supermarket/Hypermarket, 2023
Consumers' purchasing from supermarkets and hypermarkets is increasing with the wide offerings in stores and the expansion of shelf space for innovative chocolate products.
Fastest-growing Segment by Confections
9.33 %
Projected CAGR, Snack Bar, 2024-2030
Consumers are replacing conventional snacks with snack bars, growing and witnessing an ever-expanding array of flavors and healthy varieties to supplement eating habits.
Fastest-growing Segment by Distribution Channel
5.03 %
Projected CAGR, Online Retail Store, 2024-2030
Convenience stores are gradually shifting their focus from the capital to more provincial areas for more opportunities, making them more available to consumers in the region.
Leading Market Player
10.06 %
market share, Mars Incorporated, 2022
The company's major focus on the quality and high standards of the products in the confectionery segment, with products in a wider range of brands, made Mars a Market leader.
Strategic product positioning across dedicated shelves influences the impulse buying of confectionery products through supermarkets, hypermarkets, and convenience stores
- Supermarkets and hypermarkets were the primary sales channels for confectionery products in Asia-Pacific. These retail channels are considered an ideal option for consumers to shop, allowing them to select various types of confectionery products such as chocolates, snack bars, gums, and candies made by various companies according to their needs. The sales value of confectionery products in supermarkets and hypermarkets increased by 3.81% in 2023 from 2022. The products are expected to register a CAGR of 3.69% during the forecast period (2023-2030).
- Convenience stores are the second most widely preferred distribution channel for the purchase of confectionery products after supermarkets and hypermarkets. The sales volume of confectionery products through convenience stores is estimated to register an 8.3% growth rate in 2024 compared to 2022. Strategic product positioning on the dedicated shelves for the confectionery category influences impulse purchase behavior among potential consumers. Easy Joy, Meiyijia, 7-Eleven Inc., uSmile, and Lawson are some of the leading convenience stores in the region. A nationwide network of these operators allows easy access to local and mainstream confectionery brands. As of 2023, Easy Joy operated more than 27,800 stores in China, while 7-Eleven operated around 21,000 convenience stores in Japan.
- The online channel is projected to be the fastest-growing distribution channel for confectionery products, with an anticipated CAGR of 4.04% by value during the forecast period (2023-2030). The increasing number of internet users influences the evolving role of online retail channels in grocery purchases. In 2022, more than 845 million people in China purchased goods or services online, compared to 842.1 million in 2021.
China is the leading market, followed by Japan, collectively accounting for more than 50% share of the region's confectionery market in 2023
- The confectionery market in Asia-Pacific registered a growth rate of 4.05% in 2023 compared to 2022. The region's confectionery market has been witnessing significant growth due to several factors, including rising disposable incomes, urbanization, changes in consumer preferences, and an increasing appetite for indulgent treats.
- Compared to other countries, China holds the major share in the region, supported by the highest consumption of confectionery products in the country. The sales value of confectionery products in China increased by 3.51% in 2023 from 2022, which could be attributed to consumers’ preferences for premium chocolates and the increasing trend toward intercontinental flavors.
- Japan is the second-leading country in terms of the sales of confectionery products in the region. The sales value of confectionery products in Japan is anticipated to register a CAGR of 3.38% from 2023 to 2030. Trends in consumer preferences indicate a shift toward premium, healthier, sustainable, and ethical products. Therefore, many smaller-scale manufacturers are operating in the market alongside existing medium-to-large-scale manufacturers. This factor, in turn, is estimated to drive the demand for confectionery products during the forecast period.
- Australia is the fastest-growing country for the sales of confectionery products in the region. In 2022, Australians spent an average of USD 133.07 per capita on chocolate products. ÌÇÐÄvlog´«Ã½ 49% of adult Aussies munched on candy and chocolate regularly in 2022. In the same year, 28% of Australians admitted that chocolate was their on-the-go snack, 23% had bought it as a gift for loved ones, and as many as 33% added it to their carts whenever they went grocery shopping.
Asia Pacific Confectionery Market Trends
The Australian market witnesses a strong consumption of chocolates in the region due to factors like an inclination toward sweet indulgence supported by the availability of healthy variants of chocolates
- Australia remains to be the prominent chocolate consumer in Asia-Pacific. Australians spent an average of USD 125.86 on chocolate confectionery per person in 2022. In 2021, 49% of Australian adults reported regularly snacking on candy and chocolate.
- Advertising, packaging, and attractive positioning of confectionery are the most prominent factors influencing consumer purchase. Resealable packaging has been in use and is regarded as a practical packaging option, allowing consumers to eat smaller portions.; The region's creative product introductions continue to be one of the key determinants driving confectionery purchases.
- Consumers in Asia-Pacific are becoming more interested in premium confectionary items and are choosing luxurious confectionery as a "treat" at the end of a long day or week. These customers favor "high priced," "premium packaging," handcrafted, small-batch products.
- Consumer preferences are shifting away from traditional sweets and inclining towards consuming bite-sized and better-for-you (BFY) chocolates, which are accelerating the demand for the consumption of healthy premium chocolates.
Asia Pacific Confectionery Industry Overview
The Asia Pacific Confectionery Market is fragmented, with the top five companies occupying 28.15%. The major players in this market are Ferrero International SA, Mars Incorporated, Mondelēz International Inc., Nestlé SA and Perfetti Van Melle BV (sorted alphabetically).
Asia Pacific Confectionery Market Leaders
Ferrero International SA
Mars Incorporated
Mondelēz International Inc.
Nestlé SA
Perfetti Van Melle BV
Other important companies include Chocoladefabriken Lindt & Sprüngli AG, Delfi Limited, General Mills Inc., Haighs Proprietary Limited, Kellogg Company, Lotte Corporation, Meiji Holdings Company Ltd, Morinaga & Co. LTD, Orion Holdings Corporation, PepsiCo Inc., The Hershey Company.
*Disclaimer: Major Players sorted in alphabetical order.
Asia Pacific Confectionery Market News
- May 2023: Nature Valley added a new level of flavor with its newest innovation, Nature Valley Savory Nut Crunch Bar, the first savory snack from the number one-selling bar brand. These bars will be available in three flavors: Everything Bagel, White Cheddar, and Smoky BBQ.
- May 2023: The Hershey Company expanded its business by establishing a new research and development center in Johor, Malaysia.
- April 2023: Under the ONE brand, The Hershey Company launched the Peanut Butter & Jelly Flavored Protein Bar. The ONE Limited Edition Peanut Butter & Jelly flavored bars are packed with 20 g of protein, 1 g of sugar, and the familiar taste of peanut butter and strawberry jelly flavors.
Free with this Report
We provide a comprehensive and exhaustive set of data pointers for global, regional, and country-level metrics that illustrate the fundamentals of the confectionery industry. With the help of 45+ free charts, clients can access in-depth market analysis based on price trend analysis of confectionery ingredients and per capita consumption of confections, through granular-level segmental information supported by a repository of market data, trends, and expert analysis. Data and analysis on confections, confectionery variants, sugar content, insights into consumer preferences and purchasing patterns, an overview of key market players, etc., are available in the form of comprehensive reports as well as excel-based data worksheets.
Asia Pacific Confectionery Market Report - Table of Contents
EXECUTIVE SUMMARY & KEY FINDINGS
REPORT OFFERS
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study​
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. Regulatory Framework
2.2. Consumer Buying Behavior
2.3. Ingredient Analysis
2.4. Value Chain & Distribution Channel Analysis
3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
3.1. Confections
3.1.1. Chocolate
3.1.1.1. By Confectionery Variant
3.1.1.1.1. Dark Chocolate
3.1.1.1.2. Milk and White Chocolate
3.1.2. Gums
3.1.2.1. By Confectionery Variant
3.1.2.1.1. Bubble Gum
3.1.2.1.2. Chewing Gum
3.1.2.1.2.1. By Sugar Content
3.1.2.1.2.1.1. Sugar Chewing Gum
3.1.2.1.2.1.2. Sugar-free Chewing Gum
3.1.3. Snack Bar
3.1.3.1. By Confectionery Variant
3.1.3.1.1. Cereal Bar
3.1.3.1.2. Fruit & Nut Bar
3.1.3.1.3. Protein Bar
3.1.4. Sugar Confectionery
3.1.4.1. By Confectionery Variant
3.1.4.1.1. Hard Candy
3.1.4.1.2. Lollipops
3.1.4.1.3. Mints
3.1.4.1.4. Pastilles, Gummies, and Jellies
3.1.4.1.5. Toffees and Nougats
3.1.4.1.6. Others
3.2. Distribution Channel
3.2.1. Convenience Store
3.2.2. Online Retail Store
3.2.3. Supermarket/Hypermarket
3.2.4. Others
3.3. Country
3.3.1. Australia
3.3.2. China
3.3.3. India
3.3.4. Indonesia
3.3.5. Japan
3.3.6. Malaysia
3.3.7. New Zealand
3.3.8. South Korea
3.3.9. Rest of Asia-Pacific
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles
4.4.1. Chocoladefabriken Lindt & Sprüngli AG
4.4.2. Delfi Limited
4.4.3. Ferrero International SA
4.4.4. General Mills Inc.
4.4.5. Haighs Proprietary Limited
4.4.6. Kellogg Company
4.4.7. Lotte Corporation
4.4.8. Mars Incorporated
4.4.9. Meiji Holdings Company Ltd
4.4.10. Mondelēz International Inc.
4.4.11. Morinaga & Co. LTD
4.4.12. Nestlé SA
4.4.13. Orion Holdings Corporation
4.4.14. PepsiCo Inc.
4.4.15. Perfetti Van Melle BV
4.4.16. The Hershey Company
5. KEY STRATEGIC QUESTIONS FOR CONFECTIONERY CEOS
6. APPENDIX
6.1. Global Overview
6.1.1. Overview
6.1.2. Porter’s Five Forces Framework
6.1.3. Global Value Chain Analysis
6.1.4. Market Dynamics (DROs)
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
List of Tables & Figures
- Figure 1:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 2:
- VALUE OF CONFECTIONERY MARKET, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 3:
- VOLUME OF CONFECTIONERY MARKET BY CONFECTIONS, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 4:
- VALUE OF CONFECTIONERY MARKET BY CONFECTIONS, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 5:
- VOLUME SHARE OF CONFECTIONERY MARKET BY CONFECTIONS, %, ASIA-PACIFIC, 2018 VS 2024 VS 2030
- Figure 6:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTIONS, %, ASIA-PACIFIC, 2018 VS 2024 VS 2030
- Figure 7:
- VOLUME OF CHOCOLATE MARKET BY CONFECTIONERY VARIANT, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 8:
- VALUE OF CHOCOLATE MARKET BY CONFECTIONERY VARIANT, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 9:
- VOLUME SHARE OF CHOCOLATE MARKET BY CONFECTIONERY VARIANT, %, ASIA-PACIFIC, 2018 VS 2024 VS 2030
- Figure 10:
- VALUE SHARE OF CHOCOLATE MARKET BY CONFECTIONERY VARIANT, %, ASIA-PACIFIC, 2018 VS 2024 VS 2030
- Figure 11:
- VOLUME OF DARK CHOCOLATE MARKET, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 12:
- VALUE OF DARK CHOCOLATE MARKET, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 13:
- VALUE SHARE OF DARK CHOCOLATE MARKET BY DISTRIBUTION CHANNEL, %, ASIA-PACIFIC, 2023 VS 2030
- Figure 14:
- VOLUME OF MILK AND WHITE CHOCOLATE MARKET, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 15:
- VALUE OF MILK AND WHITE CHOCOLATE MARKET, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 16:
- VALUE SHARE OF MILK AND WHITE CHOCOLATE MARKET BY DISTRIBUTION CHANNEL, %, ASIA-PACIFIC, 2023 VS 2030
- Figure 17:
- VOLUME OF GUMS MARKET BY CONFECTIONERY VARIANT, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 18:
- VALUE OF GUMS MARKET BY CONFECTIONERY VARIANT, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 19:
- VOLUME SHARE OF GUMS MARKET BY CONFECTIONERY VARIANT, %, ASIA-PACIFIC, 2018 VS 2024 VS 2030
- Figure 20:
- VALUE SHARE OF GUMS MARKET BY CONFECTIONERY VARIANT, %, ASIA-PACIFIC, 2018 VS 2024 VS 2030
- Figure 21:
- VOLUME OF BUBBLE GUM MARKET, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 22:
- VALUE OF BUBBLE GUM MARKET, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 23:
- VALUE SHARE OF BUBBLE GUM MARKET BY DISTRIBUTION CHANNEL, %, ASIA-PACIFIC, 2023 VS 2030
- Figure 24:
- VOLUME OF CHEWING GUM MARKET BY SUGAR CONTENT, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 25:
- VALUE OF CHEWING GUM MARKET BY SUGAR CONTENT, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 26:
- VOLUME SHARE OF CHEWING GUM MARKET BY SUGAR CONTENT, %, ASIA-PACIFIC, 2018 VS 2024 VS 2030
- Figure 27:
- VALUE SHARE OF CHEWING GUM MARKET BY SUGAR CONTENT, %, ASIA-PACIFIC, 2018 VS 2024 VS 2030
- Figure 28:
- VOLUME OF SUGAR CHEWING GUM MARKET, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 29:
- VALUE OF SUGAR CHEWING GUM MARKET, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 30:
- VALUE SHARE OF SUGAR CHEWING GUM MARKET BY DISTRIBUTION CHANNEL, %, ASIA-PACIFIC, 2023 VS 2030
- Figure 31:
- VOLUME OF SUGAR-FREE CHEWING GUM MARKET, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 32:
- VALUE OF SUGAR-FREE CHEWING GUM MARKET, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 33:
- VALUE SHARE OF SUGAR-FREE CHEWING GUM MARKET BY DISTRIBUTION CHANNEL, %, ASIA-PACIFIC, 2023 VS 2030
- Figure 34:
- VOLUME OF SNACK BAR MARKET BY CONFECTIONERY VARIANT, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 35:
- VALUE OF SNACK BAR MARKET BY CONFECTIONERY VARIANT, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 36:
- VOLUME SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANT, %, ASIA-PACIFIC, 2018 VS 2024 VS 2030
- Figure 37:
- VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANT, %, ASIA-PACIFIC, 2018 VS 2024 VS 2030
- Figure 38:
- VOLUME OF CEREAL BAR MARKET, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 39:
- VALUE OF CEREAL BAR MARKET, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 40:
- VALUE SHARE OF CEREAL BAR MARKET BY DISTRIBUTION CHANNEL, %, ASIA-PACIFIC, 2023 VS 2030
- Figure 41:
- VOLUME OF FRUIT & NUT BAR MARKET, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 42:
- VALUE OF FRUIT & NUT BAR MARKET, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 43:
- VALUE SHARE OF FRUIT & NUT BAR MARKET BY DISTRIBUTION CHANNEL, %, ASIA-PACIFIC, 2023 VS 2030
- Figure 44:
- VOLUME OF PROTEIN BAR MARKET, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 45:
- VALUE OF PROTEIN BAR MARKET, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 46:
- VALUE SHARE OF PROTEIN BAR MARKET BY DISTRIBUTION CHANNEL, %, ASIA-PACIFIC, 2023 VS 2030
- Figure 47:
- VOLUME OF SUGAR CONFECTIONERY MARKET BY CONFECTIONERY VARIANT, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 48:
- VALUE OF SUGAR CONFECTIONERY MARKET BY CONFECTIONERY VARIANT, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 49:
- VOLUME SHARE OF SUGAR CONFECTIONERY MARKET BY CONFECTIONERY VARIANT, %, ASIA-PACIFIC, 2018 VS 2024 VS 2030
- Figure 50:
- VALUE SHARE OF SUGAR CONFECTIONERY MARKET BY CONFECTIONERY VARIANT, %, ASIA-PACIFIC, 2018 VS 2024 VS 2030
- Figure 51:
- VOLUME OF HARD CANDY MARKET, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 52:
- VALUE OF HARD CANDY MARKET, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 53:
- VALUE SHARE OF HARD CANDY MARKET BY DISTRIBUTION CHANNEL, %, ASIA-PACIFIC, 2023 VS 2030
- Figure 54:
- VOLUME OF LOLLIPOPS MARKET, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 55:
- VALUE OF LOLLIPOPS MARKET, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 56:
- VALUE SHARE OF LOLLIPOPS MARKET BY DISTRIBUTION CHANNEL, %, ASIA-PACIFIC, 2023 VS 2030
- Figure 57:
- VOLUME OF MINTS MARKET, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 58:
- VALUE OF MINTS MARKET, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 59:
- VALUE SHARE OF MINTS MARKET BY DISTRIBUTION CHANNEL, %, ASIA-PACIFIC, 2023 VS 2030
- Figure 60:
- VOLUME OF PASTILLES, GUMMIES, AND JELLIES MARKET, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 61:
- VALUE OF PASTILLES, GUMMIES, AND JELLIES MARKET, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 62:
- VALUE SHARE OF PASTILLES, GUMMIES, AND JELLIES MARKET BY DISTRIBUTION CHANNEL, %, ASIA-PACIFIC, 2023 VS 2030
- Figure 63:
- VOLUME OF TOFFEES AND NOUGATS MARKET, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 64:
- VALUE OF TOFFEES AND NOUGATS MARKET, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 65:
- VALUE SHARE OF TOFFEES AND NOUGATS MARKET BY DISTRIBUTION CHANNEL, %, ASIA-PACIFIC, 2023 VS 2030
- Figure 66:
- VOLUME OF OTHERS MARKET, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 67:
- VALUE OF OTHERS MARKET, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 68:
- VALUE SHARE OF OTHERS MARKET BY DISTRIBUTION CHANNEL, %, ASIA-PACIFIC, 2023 VS 2030
- Figure 69:
- VOLUME OF CONFECTIONERY MARKET BY DISTRIBUTION CHANNEL, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 70:
- VALUE OF CONFECTIONERY MARKET BY DISTRIBUTION CHANNEL, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 71:
- VOLUME SHARE OF CONFECTIONERY MARKET BY DISTRIBUTION CHANNEL, %, ASIA-PACIFIC, 2018 VS 2024 VS 2030
- Figure 72:
- VALUE SHARE OF CONFECTIONERY MARKET BY DISTRIBUTION CHANNEL, %, ASIA-PACIFIC, 2018 VS 2024 VS 2030
- Figure 73:
- VOLUME OF CONFECTIONERY MARKET SOLD VIA CONVENIENCE STORE, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 74:
- VALUE OF CONFECTIONERY MARKET SOLD VIA CONVENIENCE STORE, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 75:
- VALUE SHARE OF CONFECTIONERY MARKET SOLD VIA CONVENIENCE STORE BY CONFECTION, %, ASIA-PACIFIC, 2023 VS 2030
- Figure 76:
- VOLUME OF CONFECTIONERY MARKET SOLD VIA ONLINE RETAIL STORE, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 77:
- VALUE OF CONFECTIONERY MARKET SOLD VIA ONLINE RETAIL STORE, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 78:
- VALUE SHARE OF CONFECTIONERY MARKET SOLD VIA ONLINE RETAIL STORE BY CONFECTION, %, ASIA-PACIFIC, 2023 VS 2030
- Figure 79:
- VOLUME OF CONFECTIONERY MARKET SOLD VIA SUPERMARKET/HYPERMARKET, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 80:
- VALUE OF CONFECTIONERY MARKET SOLD VIA SUPERMARKET/HYPERMARKET, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 81:
- VALUE SHARE OF CONFECTIONERY MARKET SOLD VIA SUPERMARKET/HYPERMARKET BY CONFECTION, %, ASIA-PACIFIC, 2023 VS 2030
- Figure 82:
- VOLUME OF CONFECTIONERY MARKET SOLD VIA OTHERS, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 83:
- VALUE OF CONFECTIONERY MARKET SOLD VIA OTHERS, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 84:
- VALUE SHARE OF CONFECTIONERY MARKET SOLD VIA OTHERS BY CONFECTION, %, ASIA-PACIFIC, 2023 VS 2030
- Figure 85:
- VOLUME OF CONFECTIONERY MARKET BY COUNTRY, METRIC TONNES, ASIA-PACIFIC, 2018 - 2030
- Figure 86:
- VALUE OF CONFECTIONERY MARKET BY COUNTRY, USD, ASIA-PACIFIC, 2018 - 2030
- Figure 87:
- VOLUME SHARE OF CONFECTIONERY MARKET BY COUNTRY, %, ASIA-PACIFIC, 2018 VS 2024 VS 2030
- Figure 88:
- VALUE SHARE OF CONFECTIONERY MARKET BY COUNTRY, %, ASIA-PACIFIC, 2018 VS 2024 VS 2030
- Figure 89:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, AUSTRALIA, 2018 - 2030
- Figure 90:
- VALUE OF CONFECTIONERY MARKET, USD, AUSTRALIA, 2018 - 2030
- Figure 91:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, AUSTRALIA, 2023 VS 2030
- Figure 92:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, CHINA, 2018 - 2030
- Figure 93:
- VALUE OF CONFECTIONERY MARKET, USD, CHINA, 2018 - 2030
- Figure 94:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, CHINA, 2023 VS 2030
- Figure 95:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, INDIA, 2018 - 2030
- Figure 96:
- VALUE OF CONFECTIONERY MARKET, USD, INDIA, 2018 - 2030
- Figure 97:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, INDIA, 2023 VS 2030
- Figure 98:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, INDONESIA, 2018 - 2030
- Figure 99:
- VALUE OF CONFECTIONERY MARKET, USD, INDONESIA, 2018 - 2030
- Figure 100:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, INDONESIA, 2023 VS 2030
- Figure 101:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, JAPAN, 2018 - 2030
- Figure 102:
- VALUE OF CONFECTIONERY MARKET, USD, JAPAN, 2018 - 2030
- Figure 103:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, JAPAN, 2023 VS 2030
- Figure 104:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, MALAYSIA, 2018 - 2030
- Figure 105:
- VALUE OF CONFECTIONERY MARKET, USD, MALAYSIA, 2018 - 2030
- Figure 106:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, MALAYSIA, 2023 VS 2030
- Figure 107:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, NEW ZEALAND, 2018 - 2030
- Figure 108:
- VALUE OF CONFECTIONERY MARKET, USD, NEW ZEALAND, 2018 - 2030
- Figure 109:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, NEW ZEALAND, 2023 VS 2030
- Figure 110:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, SOUTH KOREA, 2018 - 2030
- Figure 111:
- VALUE OF CONFECTIONERY MARKET, USD, SOUTH KOREA, 2018 - 2030
- Figure 112:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, SOUTH KOREA, 2023 VS 2030
- Figure 113:
- VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, REST OF ASIA-PACIFIC, 2018 - 2030
- Figure 114:
- VALUE OF CONFECTIONERY MARKET, USD, REST OF ASIA-PACIFIC, 2018 - 2030
- Figure 115:
- VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, REST OF ASIA-PACIFIC, 2023 VS 2030
- Figure 116:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, ASIA-PACIFIC, 2018 - 2023
- Figure 117:
- MOST ADOPTED STRATEGIES, COUNT, ASIA-PACIFIC, 2018 - 2023
- Figure 118:
- VALUE SHARE OF MAJOR PLAYERS, %, ASIA-PACIFIC, 2022
Asia Pacific Confectionery Industry Segmentation
Chocolate, Gums, Snack Bar, Sugar Confectionery are covered as segments by Confections. Convenience Store, Online Retail Store, Supermarket/Hypermarket, Others are covered as segments by Distribution Channel. Australia, China, India, Indonesia, Japan, Malaysia, New Zealand, South Korea are covered as segments by Country.
- Supermarkets and hypermarkets were the primary sales channels for confectionery products in Asia-Pacific. These retail channels are considered an ideal option for consumers to shop, allowing them to select various types of confectionery products such as chocolates, snack bars, gums, and candies made by various companies according to their needs. The sales value of confectionery products in supermarkets and hypermarkets increased by 3.81% in 2023 from 2022. The products are expected to register a CAGR of 3.69% during the forecast period (2023-2030).
- Convenience stores are the second most widely preferred distribution channel for the purchase of confectionery products after supermarkets and hypermarkets. The sales volume of confectionery products through convenience stores is estimated to register an 8.3% growth rate in 2024 compared to 2022. Strategic product positioning on the dedicated shelves for the confectionery category influences impulse purchase behavior among potential consumers. Easy Joy, Meiyijia, 7-Eleven Inc., uSmile, and Lawson are some of the leading convenience stores in the region. A nationwide network of these operators allows easy access to local and mainstream confectionery brands. As of 2023, Easy Joy operated more than 27,800 stores in China, while 7-Eleven operated around 21,000 convenience stores in Japan.
- The online channel is projected to be the fastest-growing distribution channel for confectionery products, with an anticipated CAGR of 4.04% by value during the forecast period (2023-2030). The increasing number of internet users influences the evolving role of online retail channels in grocery purchases. In 2022, more than 845 million people in China purchased goods or services online, compared to 842.1 million in 2021.
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Distribution Channel | |
Convenience Store | |
Online Retail Store | |
Supermarket/Hypermarket | |
Others |
Country | |
Australia | |
China | |
India | |
Indonesia | |
Japan | |
Malaysia | |
New Zealand | |
South Korea | |
Rest of Asia-Pacific |
Market Definition
- Milk and White Chocolate - Milk chocolates is a solid chocolate made with milk (in the form of either milk powder, liquid milk, or condensed milk) and cocoa solids. White chocolate is made from cocoa butter and milk and contains no cocoa solids whatsoever. The scope includes regular chocolates, low-sugar, and sugar-free variants
- Toffees & Nougats - Toffees include hard, chewy, and small or one-bite candies marketed with labels as toffee or toffee-like confectionery. Nougat is a chewy confection with almond, sugar, and egg white as a basic ingredient; and it originated in Europe and Middle East countries.
- Cereals Bars - A snack composed of breakfast cereal that has been compressed into a bar shape and is held together with a form of edible adhesive. The scope includes snack bars made with cereals such as rice, oats, corn, etc. mixed with a binding syrup. These also include products labeled as cereal bars, cereal treat bars, or grain bars.
- Chewing Gum - This is a preparation for chewing, usually made of flavored and sweetened chicle or such substitutes as polyvinyl acetate. The types of chewing gums included in the scope are sugar-chewing gums and sugar-free chewing gums
Keyword | Definition |
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Dark Chocolate | Dark chocolate is a form of chocolate containing cocoa solids and cocoa butter without the milk. |
White Chocolate | White chocolate is the type of chocolate containing the highest percentage of milk solids, typically around or over 30 percent. |
Milk Chocolate | Milk chocolate is made from dark chocolate that has a low cocoa solid content and higher sugar content, plus a milk product. |
Hard Candy | A candy made of sugar and corn syrup boiled without crystallizing. |
Toffees | A hard, chewy, often brown sweet that is made from sugar boiled with butter. |
Nougats | A chewy or brittle candy containing almonds or other nuts and sometimes fruit. |
Cereal bar | A cereal bar is a bar-shaped food product, made by pressing cereals and usually dried fruit or berries, which are in most cases held together by glucose syrup. |
Protein bar | Protein bars are nutrition bars that contain a high proportion of protein to carbohydrates/fats. |
Fruit & Nut bar | These are often based on dates with other dried fruit and nut additions and, in some cases, flavorings. |
NCA | The National Confectioners Association is an American trade organization that promotes chocolate, candy, gum and mints, and the companies that make these treats. |
CGMP | Current good manufacturing practices are those conforming to the guidelines recommended by relevant agencies. |
Unstandardized foods | Unstandardized foods are those that do not have a standard of identity or that deviate from a prescribed standard in any manner. |
GI | The glycemic index (GI) is a way of ranking carbohydrate-containing foods based on how slowly or quickly they are digested and increase blood glucose levels over a period of time |
Skimmed milk powder | Skimmed milk powder is obtained by removing water from pasteurized skim milk by spray-drying. |
Flavanols | Flavanols are a group of compounds found in cocoa, tea, apples, and many other plant-based foods and beverages. |
WPC | Whey protein concentrate- the substance obtained by the removal of sufficient nonprotein constituents from pasteurized whey so that the finished dry product contains greater than 25% protein. |
LDL | Low density Lipoprotein- the bad cholesterol |
HDL | High density Lipoprotein- the good cholesterol |
BHT | butylated Hydroxytoluene is a lab-made chemical that is added to foods as a preservative. |
Carrageenan | Carrageenan is an additive used to thicken, emulsify, and preserve foods and drinks. |
Free form | Not containing certain ingredients, such as gluten, dairy, or sugar. |
Cocoa butter | It is a fatty substance obtained from cocoa beans, used in the manufacture of confectionery. |
Pastellies | A type of of Brazilian candy made from sugar, eggs, and milk. |
Draggees | Small, round candies that are coated with a hard sugar shell |
CHOPRABISCO | Royal Belgian Association of the chocolate, pralines, biscuit, and confectionery industry- A trade association that represents the Belgian chocolate industry. |
European Directive 2000/13 | A European Union directive that regulates the labeling of food products |
Kakao-Verordnung | The German chocolate ordinance, a set of regulations that define what can be labeled as "chocolate" in Germany. |
FASFC | Federal Agency for the Safety of the Food Chain |
Pectin | A natural substance that is derived from fruits and vegetables. It is used in confectionery to create a gel-like texture. |
Invert sugars | A type of sugar that is made up of glucose and fructose. |
Emulsifier | A substance that helps to mix to liquids that does not mix together. |
Anthocyanins | A type of flavonoid that is responsible for the red, purple, and blue colors of confectionery. |
Functional Foods | Foods that have been modified to provide additional health benefits beyond basic nutrition. |
Kosher certificate | This certification verifies that the ingredients, production process including all machinery, and/or food-service process complies with the standards of Jewish dietary law |
Chicory root extract | A natural extract from the chicory root that is a good source of fiber, calcium, phosphorous, and folate |
RDD | Recommended daily dose |
Gummies | A chewy gelatin-based candy that is often flavored with fruit. |
Nutraceuticals | Food or dietary supplements that are claimed to have health benefits. |
Energy bars | Snack bars that are high in carbohydrates and calories are designed to provide energy on the go. |
BFSO | Belgian Food Safety Organization for the food chain. |
Research Methodology
ÌÇÐÄvlog´«Ã½ follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step 1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set, and the model is built on the basis of these variables.​
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.​
- Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.​
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms